-The Hindu Retail prices of pulses skyrocket; raids unearth 50,000 tonnes. Even as the government intensified its crackdown on hoarders to rein in the prices of pulses in the retail market, importers on Friday urged the government to exempt them from stockholding limits. With their request came the offer that they would supply 100 tonnes of imported dal at Rs.135 per kg every day to hold the price line. Imposing stock limits...

-DNA The nationwide one day strike according to the trade unions is supposed to be the biggest strike ever in the country. This protest is a strike against the anti-worker economic policies of the government. 10 central trade unions have declared a nation-wide strike on September 2 which is said to impact essential services. This strike is to protest against the changes that have been made in the labour laws by...

-The Times of India MUMBAI: Faced with complaints of overpricing of medical devices like cardiac stents and implants, the government seems to be finally getting its act together. According to a government official, in a string of measures to regulate the industry under the Draft National Medical Device Policy, it has recommended creating an autonomous body — the National Medical Devices Authority (NDMA) — pricing control for medical devices by including them...

-The Business Standard   NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...

-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...