-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

Health activists and cancer patients in the US have pounced on Swiss drug multinational Novartis for the high price of its famous, multi-billion dollar anti-cancer drug Glivec, a development which challenges pharma MNCs' claims of cheap access and affordability for patented drugs. Such protests, which began first in Europe, and have now spread to the US, could make it more difficult for pharma MNCs in developing countries to convince sceptical governments...

Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an economy facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the economy may be facing a nightmare scenario of slowing growth and rising prices. On...

As cartoons, like all other images, are constantly subject to fresh interpretation, there is a need to set boundaries within which dissent must be tolerated; or else we run the risk of damaging the task of knowledge building Like many books, works of art, and articles that have been summarily withdrawn from public circulation, for different political reasons, and due to public pressure, the controversial 1949 cartoon by Shankar has been...

An illustration in a textbook must expand or add to the lesson; Shankar's cartoon of Ambedkar does neither The controversy kicked up over the withdrawal of a textbook for high school over a cartoon after a ruckus in Parliament has been superficially interpreted and uniformly criticised without understanding the sensitivities of the oppressed for whom B.R. Ambedkar is a hero. The anger of Dalits is being interpreted as intolerance while in...