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MNC may need govt nod to buy local pharma firm by Khomba Singh

The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...

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Endosulfan: meet in Geneva begins, India still in denial by Savvy Soumya Misra

Sharad Pawar says many states had asked him not to ban the pesticide Union agriculture minister Sharad Pawar is rooting for endosulfan just before the fifth Conference of Parties (COP) of the Stockholm Convention meets in Geneva from April 25 to April 30 to decide the fate of the pesticide. There seems to be a pattern in Pawar’s resistance to banning endosulfan. Replying to a question in the Lok Sabha on February...

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Food inflation up at 8.74%; fruits, meat costlier

India's food inflation nudged up after three successive weeks of decline to 8.74 per cent for the week ended April 9 compared to 8.28 per cent recorded in the previous week as fruits, meat and poultry products became costlier, official data showed on Thursday. Limited data on the wholesale price index released by the commerce and industry ministry also showed a rise in the index for primary articles, from 11.4 per...

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Centre to announce new water policy: Salman Khurshid by Gargi Parsai

The Centre will come up with a new National Water Policy next year that will address the issues of water scarcity, management and conservation, Union Water Resources Minister Salman Khurshid said here on Monday. The Ministry has already undertaken an exercise to review the National Water Policy of 2002, and is holding consultations with various stakeholders on the new policy, which would take on board issues relating to climate change. Addressing the...

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Promotion goes aggressive, lures farmers by Swati Shinde Gole

Over 10 lakh farmers in the state have already taken up organic farming as a result of some aggressive promotion by the agriculture department. Of the nearly 6.5 lakh hectares under organic cultivation, 2.77 lakh have been certified and farmers have been branding their produce as organic produce. Some 2.14 lakh farmers are managing certified organic land and the number is expected to go up as more and more land gets...

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