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New drug policy to hurt pharma profitability but consumers set to gain

May 20, 2013 at 08:49 | Source: FirstPost

Stepping up its battle for cheaper medicines, the Indian government yesterday issued the Drug Price Control Order 2013, which will bring down the prices by up to 80 percent.At a time when market power and tight oligopoly seem to be the rule in India'...

Market shrugs off deficit gap, rallies fifth week in a row

May 20, 2013 at 07:37 | Source: Economic Times

MUMBAI: Shrugging off the mayhem on the first day of the week following widening trade-deficit, drop in inflation propelled market sentiment on hopes that Reserve Bank will cut rates in forthcoming policy meeting next month, sending both indices to m...

FinMin feels let down by S P rating

May 20, 2013 at 00:01 | Source: The Hindu BusinessLine

New Delhi, May 19: International rating agency Standard Poor’s (S P) move to reaffirm a negative outlook and rating of ‘BBB (minus)’ for India has not gone down well with the Finance Ministry, which feels the country deserves a sta...

Calm before the storm

May 19, 2013 at 21:22 | Source: The Hindu BusinessLine

With the rupee trading in a range during the past six months, there is relief in corporate treasuries with most companies preferring to hedge for the short term and for smaller exposure. However, the relief is tinged with unease over market uncertai...

Bets rising on three more rate cuts this year

May 19, 2013 at 13:20 | Source: DNA India

With inflation (as represented by the wholesale price index or WPI) at sub-5% for the first time since November 2009, and with the consumer price index (CPI) falling as well below 10%, economists expect the downtrend to continue. Hence, calls are gr...

Market rallies for the fifth week

May 18, 2013 at 17:37 | Source: The Hindu BusinessLine

Mumbai, May 18: Shrugging off the mayhem on the first day of the week following widening trade-deficit, drop in inflation propelled market sentiment on hopes that Reserve Bank will cut rates in forthcoming policy meeting next month, sending both ind...

Weekly review: Market shrugs off deficit gap, rallies fifth week in a row

May 18, 2013 at 17:37 | Source: Financial Express

Stocks: Shrugging off the mayhem on the first day of the week following widening trade-deficit, drop in inflation propelled market sentiment on hopes that Reserve Bank will cut rates in forthcoming policy meeting next month, sending both indices to ...

Glaxo hit the most by drug price control order

May 18, 2013 at 10:25 | Source: DNA India

Consumers may celebrate the new drug price control order (DPCO), which was unveiled Thursday, as it promises to lower drug prices up to 80%. But pharmaceutical companies are staring at potential setbacks across the board whose impact could vary as p...

Gold rush will continue

May 18, 2013 at 00:17 | Source: The Hindu BusinessLine

This refers to the editorial “Interest in inflation” (Business Line, May 17). The introduction of inflation indexed bonds in the financial market with a view to preventing people from buying gold is an important intervention to contain t...

New pharma policy to hurt multinational firms more

May 18, 2013 at 00:17 | Source: The Hindu BusinessLine

May 17, 2013: The new Drug Control Order 2013, which envisages capping the prices of 348 essential medicines, was notified on Thursday. The simple average price of drug brands with market share of more than one per cent will be fixed as the ceiling ...

India offers unlimited investment opportunities in infra, says Chidambaram

May 17, 2013 at 16:56 | Source: FirstPost

London: Finance Minister P Chidambaram has said that India offers "unlimited" opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports."What I am telling the investors here and the go...

India offers unlimited investment opportunities in infra: P Chidambaram

May 17, 2013 at 16:50 | Source: Economic Times

LONDON: Finance Minister P Chidambaram has said that India offers "unlimited" opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports. "What I am telling the investors here and the government here...

India offers unlimited investment opportunities in infra: Chidambaram

May 17, 2013 at 16:17 | Source: The Hindu BusinessLine

London, May 17: Finance Minister P Chidambaram has said that India offers “unlimited” opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports. “What I am telling the investors he...

India offers unlimited investment opportunities in infra: P Chidambaram

May 17, 2013 at 16:17 | Source: Financial Express

Finance Minister P Chidambaram has said that India offers "unlimited" opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports. "What I am telling the investors here and the government here is that...

How new drug policy impacts pharma and consumers

May 17, 2013 at 14:14 | Source: FirstPost

Stepping up its battle for cheaper medicines, the Indian government yesterday issued the Drug Price Control Order 2013, which will bring down the prices by up to 80 percent.At a time when market power and tight oligopoly seem to be the rule in India'...

Why IIBs are the best thing Chidu ever did for savers

May 17, 2013 at 10:00 | Source: FirstPost

Fear of rising gold imports has pushed the government and the Reserve Bank of India (RBI) to announce an issue of inflation-indexed bonds (IIBs) for launch on 4 June. It's a good move, though one has to wait and see if it is going to be a substitute ...

Monetary policy in a cauldron

May 17, 2013 at 00:32 | Source: The Hindu BusinessLine

May 16, 2013: The 2013-14 Annual Monetary Policy announced by Reserve Bank of India (RBI) Governor D. Subbarao, was his last Annual Policy. The worry lines for the RBI are becoming increasingly visible. Growth has slowed down to a level of 5 per cen...

RBI to start sale of inflation-indexed bonds on 4 June

May 16, 2013 at 13:27 | Source: DomainB

The Reserve Bank of India (RBI) will kick-start monthly sales of inflation-indexed bonds (IIBs) with auction of the first tranche of Rs1,000-1,500 crore of the new type of bonds on 4 June 2013. Each tranche of IIBs will be for Rs1,000 - 2,000 crore ...

RBI to launch inflation-linked bonds on June 4

May 16, 2013 at 11:42 | Source: Zee Business

Mumbai: The Reserve Bank on Wednesday announced it will launch inflation-linked bonds every month, starting June 4, to attract household savings of up to Rs 15,000 crore this fiscal so as to discourage investments in gold."RBI, in consultation with ...

Why inflation bonds are the best thing Chidu ever did for savers

May 16, 2013 at 11:34 | Source: FirstPost

Fear of rising gold imports has pushed the government and the Reserve Bank of India (RBI) to announce an issue of inflation-indexed bonds (IIBs) for launch on 4 June. It's a good move, though one has to wait and see if it is going to be a substitute ...

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