-The Business Standard The Novartis verdict by the Supreme Court emphasised the importance of flexibilities in drug patent laws, in contrast to Western countries which are seeking TRIPS-plus hardening through free-trade agreements As curtains on the six-year-long legal tussle with Swiss drug giant Novartis AG finally came down earlier this month, the Indian government did not waste a second in hailing the Indian patent law which it said was in "full...

-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...

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

-The Hindu The rape of a five-year-old in Delhi highlights the need for urgent and concerted action to ensure safety of girls and women in India, the United Nations Children's Fund (UNICEF) has said. More should be done to urgently change the mindset towards women and check such brutal crimes, it said. In a statement issued here, UNICEF said recently published data shows that more than 30,000 crimes were committed against children...

-Outlook Development activities including thermal power projects, mining and other polluting industries should not be allowed in a 60,000 sq km ecologically sensitive "natural landscape" of Western Ghats, a mountainous range that passes through six states, a Government panel said today. In its report, the 10-member high-level working group, headed by eminent scientist K Kasturirangan, has not recommended any regulatory mechanism for the remaining 96,000 sq km area of the Western...