-The Hindu Moscow: Ahead of a key government-level interaction with Russia here on Monday, India has sought to assure Russia that it is not deliberately delaying the startup of the Kudankulam plant with the motive of thrashing out liability issues in that project and others proposed elsewhere in the country. To show its sincerity, India is dispatching a key Nuclear Power Corporation of India Limited (NPCIL) official M. I. Joy from...
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In the ‘pharmacy of the world’ -PT Jyothi Datta
-The Hindu Business Line From maker of versions of drugs, India's pharmaceutical industry has turned a top innovator Twenty years ago, Ranbaxy was a home-spun drug-maker. The Indian Patents Act allowed companies to make chemically-similar versions of innovative drugs. Visionaries in the pharmaceutical sector, like Parvinder Singh (Ranbaxy's key architect and member of its promoter family) and Anji Reddy (founder of Dr Reddy's Laboratories), were alive. And the pharmaceutical industry did not have...
More »PM says unauthorized deposit collection has to be curbed
-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...
More »Panel proposes to dissolve DoNER -Nishit Dholabhai
-The Telegraph A parliamentary panel has recommended that the Union government dissolve the ministry of development of north eastern region (DoNER) and put it under the Prime Minister's Office. The reason for the ministry's dissolution has been attributed to the plummeting efficiency levels and achievement rate in its planned schemes. "The committee, therefore, strongly recommends that the government should consider the handicaps of the DoNER ministry in a very serious manner. It should...
More »LPG subsidy in your bank accounts from Oct 1
-PTI The government plans to provide subsidy to 14 crore LPG subscribers directly in their bank accounts from October 1, using the Aadhaar payment platform. The government, official sources said, has decided to launch "Direct Benefit Transfer (DBT) for LPG throughout the country tentatively from October 1". "This (transfer of LPG subsidy) would require a much larger number of beneficiaries to be covered for opening of bank accounts and linked to Aadhaar and...
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