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The perils of retail therapy in India

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...

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India slipping on child wellbeing, indicates report-Aarti Dhar

-The Hindu 8.1 million children are out of school, 42% are underweight India has slipped by 12 ranks in the global grading on the child development index, which denotes health, education and nutrition, between 1995 and 2010. Japan is the best place in the world to be a child, while Somalia is the worst, a latest report has suggested. The Child Development Index report released by NGO Save the Children makes an aggregate...

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Radiologists protest against recent Health Ministry order

-The Hindu The Indian Radiological and Imaging Association (IRIA) has called the recent order of the Union Health & Family Welfare Ministry restricting radiologists/sonologists from visiting more than two clinics within a district to perform ultrasound tests and making it mandatory to specify their consulting hours at each clinic as “unconstitutional, undemocratic and ill-thought”. At a Press conference here on Thursday, IRIA president Harsh Mahajan said: “This latest order will create a...

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Natco targets drugs ripe for compulsory licensing-Viswanath Pilla

-Live Mint Natco Pharma Ltd, which has started selling a generic version of Bayer AG’s patented cancer treatment Nexavar in India at a fraction of the price charged by the German firm, plans to use the so-called compulsory licensing route to try and win the right to copy more patented drugs, said vice-chairman and chief executive officer Rajeev Nannapaneni. The Hyderabad-based company has already identified the patented drugs for which it will...

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Corn exports may rise to 3.5 million tonnes in 2011-12: USGC

-Reuters Corn exports from India could hit a record 3.5 million tonnes in the 2011/12 marketing year to September, spurred by higher global prices and a bumper harvest, the India representative of a major US grains export association said on Thursday. India is Asia's second-largest grower of corn after China but it is not a significant global exporter of the grain. It mainly sells to Malaysia, Indonesia and Vietnam, which seek small...

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