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High newsprint prices likely to hit Indian print media margins

-The Business Standard   Increasing newsprint prices are likely to have a negative impact on profitability of the Indian print media industry in the short to medium term, according to a Fitch report. The report expects that an increase in advertising revenues may partly offset the rising cost of newsprint. Newspaper publishers generate about 70 percent of revenues from advertising, with the remainder coming predominantly from circulations. However, the agency's expectation of...

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Managing the Murdochs

-The Business Standard   The latest controversy in the British media, triggered by unethical professional practices by journalists at Rupert Murdoch’s News of the World, holds important lessons for the Indian media, and not just because Mr Murdoch has a significant presence in India and seeks more. The most important lesson is that public policy must prevent the emergence of all powerful media moguls like Mr Murdoch. The extent of concentration in...

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"BRICS Can Ensure Affordable Drugs" by Ranjit Devraj

While ‘data exclusivity’ clauses will not feature in the India-European Union free trade agreement (FTA), the threat posed by the impending deal to the world’s supply of cheap generic drugs is far from over. India’s commerce and industry minister Anand Sharma assured Michel Sidibe, chief of the United Nations joint programme on HIV and AIDS (UNAIDS) at a meeting this week that India would reject attempts by pharmaceutical giants to include...

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Jairam refers final decision on Mahan coal block to GoM

-The Hindu   Environment Minister Jairam Ramesh has refused to issue forest clearance to the Mahan coal block in the Singrauli field of Madhya Pradesh, meant for the use of Essar and Hindalco power plants. However, this is not the final rejection. Instead, Mr. Ramesh has merely washed his hands of on the issue and passed the buck to a Group of Ministers to take a final decision. However, he has recommended that...

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World Population to Hit Seven Billion by October by Thalif Deen

The United Nations commemorates World Population Day next week against the backdrop of an upcoming landmark event: global population hitting the seven billion mark by late October this year. According to current projections, and with some of the world's poorest nations doubling their populations in the next decade, the second milestone will be in 2025: an eight billion population over the next 14 years. Dr. Babatunde Osotimehin, executive director of the U.N....

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