-The Times of India MUMBAI: Turf war between Big Pharma and generic companies, which was largely restricted to exorbitantly priced life-saving drugs for cancer and HIV, is now spilling over to other chronic ailments like diabetes, and threatening to change dynamics of the nearly Rs 70,000 crore Indian pharma market. Triggering a full-blown patent fight with US-based Merck, domestic generic company Glenmark has launched a more affordable version of the multinational's blockbuster...

-Reuters Global drugmakers, battered by recent intellectual property decisions in the country, are girding for a landmark court ruling on Monday with broad consequences for their ability to sell lucrative patented medicines in the country. Supreme Court is due to decide on April 1 whether or not Swiss giant Novartis AG's cancer treatment Glivec deserves a patent in the country. "Big Pharma is nervous because nothing has gone in their favour in the...

-The Business Standard According to Economic Survey of the state, contribution of primary sector in the GDP of state is continuously declining since 2004-05 Having distinction of being the pioneer of Green Revolution, Punjab is facing stagnancy in agriculture production and constant decline in primary sector's share in state GSDP. According to Economic Survey of the state, contribution of primary sector(which comprises mainly agriculture and allied activities) in the GDP of state...

-The Times of India MUMBAI: Indian villages are powering their own economy, but contrary to conventional belief , it's not government largesses which are the drivers, but their own self-sustaining models. Growth at the bottom of the pyramid is at unprecedented level, and the transformation is stark. The factors driving this transformation are dramatic improvements in rural roads, electrification, cell phones and water supply which are raising wages and increasing job opportunities...

-The Times of India At a time when the government is facing trouble maintaining its fiscal health and is set to add over Rs 1.25 lakh crore to its subsidy bill for providing food security to its poor, the UPA has burdened the exchequer further by exporting wheat at lower than its cost price - incurring an estimated loss of over Rs 1,700 crore. Sources in the finance ministry said the loss...