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16 August, 2017 4:53 PM National pharma policy draft proposes essential medicines at affordable prices

The draft policy aims to bring sweeping changes to the pharmaceuticals industry The Centre aims to boost domestic manufacturing of drugs, impose a cap on trade margin, crackdown on unfair marketing practices and limit 'loan licensing' by pharmaceutical companies, according to the draft national pharmaceutical policy. The draft policy, which aims to bring 23

14 August, 2017 6:52 PM India@70: MJ Akbar lists five reasons to be optimistic under PM Modi's governance

It is widely recognised that India’s victory over the British Raj closed the long chapter of European imperialism. After 1947, the independence of other colonies became a question of when, not why. Mahatma Gandhi’s march to freedom was, however, also a seminal event in the history of revolutionary ideas. Till Gandhi came, colonisation seemed invincible 30

12 August, 2017 3:15 AM Economic Survey lists growth pains, prescribes pep pills

NEW DELHI: The Economic Survey made a strong case for monetary easing and fiscal adjustments, flagging multiple new risks and deflationary impulses that could hinder the country achieving the higher end of the projected growth band of 6.75% to 7.5% for this fiscal year. A structural reform push to growth will come from implementation of the goods and services 29

11 August, 2017 10:59 PM Economic Survey II cuts growth forecast for FY18 to lower end of 6.75-75% range

The second volume of the Economic Survey 2016-17 unveiled on Friday highlighted a “deflationary bias to activity” since its initial version which came out six month ago due to “several new factors” and cut the forecast of real GDP growth in 2017-18 to the lower end of the 6.75-7.5% range formulated earlier. Since the February edition, the real policy 28

11 August, 2017 7:48 PM Economic Survey-2 flags risks to growth, backs rate cuts

NEW DELHI: The second part of the economic survey for 2016-17, tabled in Parliament on Friday, flagged lurking risks to growth while asserting that there is scope for slashing interest rates to enable the economy to achieve its full potential. "Optimism about the medium term and gathering anxiety about near-term deflationary impulses simultaneously reign 26

11 August, 2017 1:15 PM Beyond Doklam: How China is winning over India's neighbours with money, arms

China has been making inroads in the countries in India's neighbourhood by increasing its investment and deepening military ties. Diplomatic efforts are underway from both sides to defuse tension over Doklam where Indian Army and Chinese People's Liberation Army soldiers are in a standoff for over two months. The Chinese assertion on a site where Indian 35

10 August, 2017 1:16 AM Maratha rally not so 'silent'

As the Maratha community's massive silent march, Maratha Kranti Morcha, threw normal life and traffic in South Mumbai out of gear on Wednesday, Chief Minister Devendra Fadnavis made a slew of announcements for the community. The march that began from Jijamata Udyan in Byculla in the morning, with participants waving saffron swallowtail flags, advanced 34

9 August, 2017 3:45 PM Maratha march in Mumbai ends on a happy note as Fadnavis announces sops

Maharashtra Chief Minister Devendra Fadnavis on Wednesday announced in the state legislative assembly that the government would extend to the Maratha community the educational concessions that are currently given to OBCs. He said the government would form a cabinet sub- committee, which would review the implementation of various schemes for the Maratha 39

9 August, 2017 9:09 AM Bank of India swings to first-quarter profit, bad loans fall

Bank of India , the country`s sixth biggest lender by assets, reported a first-quarter profit as its bad loan ratio narrowed and loan-loss provisions fell. Net profit was 877.1 million rupees ($13.76 million) in the quarter ended June 30, compared with a loss of 7.41 billion rupees a year earlier, the Mumbai-based bank said on Wednesday. Analysts on average 41

9 August, 2017 4:41 AM Maratha Kranti Morcha holds silent protest march in Mumbai; Byculla to Azad Maidan traffic hit

Mumbaikars are facing a harrowing time on Wednesday due to silent protest march being held by the 'Maratha Kranti Morcha' to press for its various demands, including reservation. Mumbai: Mumbaikars are facing a harrowing time on Wednesday due to silent protest march being held by the 'Maratha Kranti Morcha' to press for its various demands, including 45