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India Banned Six Medicines

Special Correspondent - 2011-03-11 14:29
New Delhi: The Central Government has prohibited six drugs on the recommendations of the Expert Committee constituted by DTAB in view of the safety issues involved in the use of these drugs by a Gazette Notification dated 10.02.2011 with immediate effect.

35% of adults in India use tobacco

Special Correspondent - 2011-03-11 14:25
New Delhi: According to the Global Adult Tobacco Survey (GATS), 2010, more than one-third (35%) of adults in India use tobacco in some form or the other. Among them, 21 % adults use smokeless tobacco, 9 % smoke, and 5 % smoke as well as use smokeless tobacco.
India

Food Processing Level of Perishable Items to be Triple in 4 Years

Special Correspondent - 2011-03-11 14:22
New Delhi: In order to increase level of processing and to promote Food Processing Industries to exploit both the domestic and international market potential for processed food products, Vision 2015 document has been finalized by the Ministry of Food Processing Industries(MFPI), which envisages tripling the size of the processed food sector by increasing the level of processing of perishables from 6% to 20% value addition from 20% to 35% and share in global food trade from 1.5% to 3% by 2015.
India

Increase in Allocation under MPLAD Scheme announced

Special Correspondent - 2011-03-11 14:04
New Delhi: The Union Finance Minister Shri Pranab Mukherjee announced, in Lok Sabha today, an increase in the allocation under the MPLAD Scheme from Rs.2 crore to Rs.5 crore per Member. This will result in additional allocation of Rs.2,370 crore per year. Members cutting across party lines from both Houses have been demanding increase in the allocation under the MPLAD Scheme.

Stuxnet Virus: Indian Industrial systems infected, sensitive ones are safe as of now

Special Correspondent - 2011-03-11 13:56
New Delhi: A sophisticated virus called as “Stuxnet” was reported to be spreading worldwide since July 2010. The virus targets Industrial Control Systems. Some computer systems in India were also infected by the Stuxnet, but none of the infections have so far been reported in sensitive Industrial systems.

Takeover of Indian Drug Companies by MNCs requires appropriate assessment

Special Correspondent - 2011-03-11 13:53
New Delhi: The recent takeovers of Indian companies by Multinational Companies (MNCs) could increase the possibility of other takeovers of Indian companies which would have impact on the Indian health care scenario as well as on pricing and availability of medicines in India. As such an appropriate assessment requires to be made.

ADB Steps Up Fight Against Corruption

Special Correspondent - 2011-03-11 11:13
MANILA, PHILIPPINES - The Asian Development Bank (ADB) stepped up its fight against corruption in 2010 with the introduction of new initiatives, including revised integrity guidelines and a cross debarment agreement signed with development partners, a new report says.
India

LEFT FRONT UNDER SEIGE IN WEST BENGAL

TRINAMOOL DOMINATES POLL TALKS
Ashis Biswas - 2011-03-11 11:06
KOLKATA: As decks are being cleared for the Assembly elections 2011 in west Bengal, for the first time in decades, the ruling Left Front (LF) is the underdog as the Trinamool Congress (TMC) sets the pace.
India

DEORA DILUTES COMPANIES BILL

TRANSPARENCY LACKING IN DISCLOSURE NORMS
Nantoo Banerjee - 2011-03-11 11:03
It was not Enron’s falsified statements in its books of accounts alone which caused losses of billions of dollars to the former US energy giant’s shareholders and creditors after the utility company suddenly collapsed in 2001. The undisclosed financials of a host of Enron’s subsidiaries in the principal company’s balance sheet was equally responsible for the investors’ woes.
MISSILE RACE

India's Dhanush and Prithvi missiles successfully tested

Interceptor Missile Defence System also tested successfully
ASHOK B SHARMA - 2011-03-11 11:00
New Delhi: Ship-launched Dhanush Missile was successfully test fired from the Indian Naval Ship “INS Suvarna” off the coast of Orissa on Friday at 10.03 am, according to the Indian Defence Ministry.