-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to...

-The Hindu New Delhi: Just how leaky is the Public Distribution System and is it getting worse or better? The question is at the centre of a dispute between economists over recent estimates of diversion in the PDS used in an official report. The Shanta Kumar high-level committee on the restructuring of the Food Corporation of India submitted its report to Prime Minister Narendra Modi last week, recommending a gradual move...

-The Hindu Business Line Mumbai: A fresh bout of opposition has been filed against Gilead's patent application on hepatitis c drug sofosbuvir. This comes close on the heels of a spate of developments involving the drug, last month. Non-government organisation Sankalp Rehabilitation Trust, represented by the Lawyers Collective has filed a pre-grant opposition on the drug in the Delhi patent office. (A pre-grant opposition allows interested parties to oppose a patent application...

-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...

-The Telegraph New Delhi: The US today pledged financial and technical assistance to help India expand its renewable energy programme, monitor air quality over its cities and improve India-specific climate forecasts among new initiatives on energy and climate. A joint statement issued tonight after delegation-level talks led by Prime Minister Narendra Modi and US President Barack Obama outlined proposed actions that could help India curb its growth of greenhouse gas emissions and...