From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...

India’s FTAs pip generic drugs production Lot More For Less     * Generic drugs from India play a major role as antiretroviral drugs across the developing world     * A 2010 study says 80% of the medicines used by donor-funded programmes to treat people with HIV were sourced from India     * It’s cut down treatment costs drastically, from $10,000 to $80     * Stronger IP regimes may hamper production of generics *** The right of...

The Posco project has turned into a political hot potato with the two main Opposition parties trying to extract as much out of it as possible, hoping the Rs 51000 crore project turns into another Singur. At a time when Naveen Patnaik government finds itself embroiled in a number of unsavoury controversies, including horse trading during the Rajya Sabha elections, the Congress and the BJP are looking to deliver the coup...

-The Indian Express   Financial inclusion in India seems to be far from inclusive. Out of a total of 5,165 new branches opened in 2011, only 21.86 per cent are rural branches, says a study. A growth rate of more than 700 per cent in urban Customer Service Points (CSPs) over the last year points towards the latest trend of urbanisation among Business Correspondents (BCs). Although there is not much difference between growth...

I must begin with two disclaimers. The Singur land development and rehabilitation bill, 2011 was moved in the West Bengal legislative assembly last Tuesday by the industries minister with whom I happen to share a name. However, I believe he does not share any of the opinions or sentiments expressed below. Second, I was a persistent critic of the Left Front government when it was in power and what I...