The Financial Express

The Financial Express

BPPI finding 25 batches of drugs entering Jan Aushadhi to be substandard

The Jan Aushadhi scheme aims to make generic drugs affordable to the poor. While BPPI has promised strict action against the companies—from banning the sale of the respective batches to blacklisting them, one of the 18 is a

Opinion News

Plastic a significant environment risk, replacement pose other environmental risks

The ministry estimates that a cotton tote would have to be reused 7,001 times more than a LDPE bag to prove an effective substitue, thanks to the environmental footprint of cotton cultivation and the manufacturing for the bag

science researcher, track plastic waste, Indian Ocean, plastic pollution, island beach News

West Bengal medical crisis a symptom of underfunded public health

In West Bengal, this ratio stands at 1:10,411—while this may seem palatable in comparison to the national average and the worst-performing Bihar's 28,391 patients per doctor, the WHO's ideal doctor-to-patient ratio is 1:1,0

West Bengal doctors strike, doctor strike in bengal, latest updates on doctors strike, Mamata Banerjee, NRS Medical College and Hospital, ESMA, juniors doctors strike News

Minor fix on ESIC suggests no big labour reforms soon

Given how group insurance costs a lot less, surely the government could have given workers more options that cost a lot less and probably give better cover.

Modi win market effect, sugar industry india, global sugar market News

Illiberal Left: Kerala govt booked 119 since 2015 for objectionable posts against CM

While some of the posts included death threats and casteist slurs—where it can be argued that there was legitimate cause for action—there are a good many instances where the state government has acted against individuals

Kerala govt booked 119 since 2015 for objectionable posts against CM News

Why India must respect international arbitration

India’s 3-crore-plus pending cases in various courts, and the decades it takes to get justice, is both a source of immense hardship for those unlucky enough to have legal trouble as well as one of the main reasons for India

While the government-Supreme Court standoff is seen as one of the reasons for this, it is just a small part of the picture. News

National Medical Commission Bill: Time is right to end reliance on stop-gap medical watchdogs

The NMC Bill, as was presented in Parliament, was not without points of concern, but it still was a radical change from the past—it was designed to bring in experts from non-medical domains that have intersections with heal

The MCI was reconstituted in 2013 after the BoG's term ended (Representational image) News

Energising Employment: Renewable energy sector created 11 million jobs in 2018

Asia accounts for 60% of the total global employment generated, with China generating the highest—around 39% of the total global employment.

The report says that 32% of the new jobs because of renewables growth went to women. News

Where are the jobs? Explained through graphs

The Periodic Labour Force Survey conducted by the NSSO shows that, of India’s labour force of 487 million, about 458 million are gainfully employed—i.e. 29 million of the labour force is unemployed, making for an unemploy

A host of factors are likely responsible, from improved rural infrastructure to availability of credit. News

NEET 2019 shows after a certain level quota is becoming irrelevant

Some have argued that the such a large chunk of reserved category candidates clearing the general category cut-off gives lie to the merit argument used to criticise the reservation policy.

Amongst the successful reserved category candidates, 80% cleared the general category cut-off (Representational image) News

Aadhaar Act: eKYC for banks, mobiles good, now fintechs must also comply

In the event, Aadhaar authentication was to be used only for availing government subsidies, but it couldn’t be used for compulsorily linking with bank accounts or as a KYC for getting a mobile phone.

The government has now approved an amendment to the Aadhaar Bill that allows voluntary use of Aadhaar for banks and mobile phones News

Why Bihar’s new law to punish children for abandoning elderly parent won’t work

The Bihar government will do well to understand that punitive action for abandonment is not going to solve the problem

Bihar CM Nitish Kumar News

Effective grievance redressal body in healthcare system need of the hour

Although the proposed National Medical Commission Bill, which creates a body to replace the MCI, has several progressive clauses on regulation of malpractice and misconduct by hospitals, it is still hanging fire in Parliament

A 2016 Parliamentary Committee report notes that just 109 doctors had been indicted by the MCI’s Ethics Committee between 1963-2009 News

Budget 2019: Tax on banking cash transactions to be re-introduced? Why it’s a bad idea!

Union Budget 2019 India: The government is reportedly considering bringing back a banking cash transaction tax (BCTT), of the type introduced in 2005 when P Chidambaram was the finance minister.

The fact that there was no stunning increase in tax buoyancy after Chidambaram’s cash tax suggests it wasn’t very successful News

Modi’s govt’s move to fire corrupt tax officials signals that performance matters

The Union government forcing 12 senior tax officials to retire because of misconduct and inefficiency is a step towards clean and effective bureaucracy.

Indeed, one of the 12, a top-ranking official, had allegedly acquired Rs 12 crore of unaccounted-for assets and had remained suspended from 1999 to 2014. (Representational image) News

NPA crisis: RBI does well not to water down resolution norms

While the new guidelines on stressed assets put out by the Reserve Bank of India (RBI) do alter the timelines for a clutch of projects where resolution is under way, lenders now have more flexibility on how to deal with the a

RBI has also warned banks against ever-greening accounts News

Why govt’s GM policy defers logic, hurts farmers

When several NGOs and others protested against the GEAC report, the UPA's environment minister, Jairam Ramesh decided not to give the final go-ahead.

In the case of Bt brinjal, similarly, it remains true that all tests were conducted in the country over seven years, after which the Genetic Engineering Approval Committee (GEAC) approved it as fit for human use. (Express Photo: Javed Raja/ File) News

UPpressive: Arrest of scribe by Yogi smacks of authoritarianism

However, while Section 66 requires that certain conditions be fulfilled for making an arrest without a warrant, the charge doesn't even seem relevant in Kanojia's case.

Prashant Kanojia (Source: Facebook/Prashant Kanojia) News

Budget 2019: Hiking food subsidy may be combative step to fight hunger, but food security issues will be unaddressed

Budget 2019 India: At $15 billion, India accounts for over 16% of the economic burden from FBD in LMICs.

Budget 2019-20, food security, July Budget, budget 2019, foodborne diseases, Food Safety and Standards Authority of India News

I have never met an athlete without insecurity, doubt: Paddy Upton

Rajasthan Royals head coach Paddy Upton talks about his stint as mental conditioning coach with the 2011 World Cup-winning Indian team and about getting players to open up, says Dhoni’s ‘strategic brain’ sets him apart,

Paddy Upton, Indian Premier League, world cup 2019, Rajasthan Royals, Indian cricket team, conditioning coach, Indian dressing room News

India’s tax collections in a slowing economy

The new American vision, marked by clarity and simplicity, reiterates that the US is a Pacific power, a resident Asian power, and that the US ‘pivot’ is here in Asia to stay—with the Indo-Pacific identified as the ‘pr

India's tax collections, india economy, GDP growth, gross tax revenue, GST collections, GDP growth level, personal income tax News

Why Great Indian Bustard is on the verge of extinction

The lack of action by states has now brought the Great Indian Bustard to the verge of extinction

Great Indian Bustard, IUCN, bustard diet, Rajasthan, Gujarat, Thar Desert, endangered species, mass extinctions, Ex situ conservation News

Azim Premji’s lasting legacy is of munificent money

Wipro’s outgoing chairman defines for India Inc what giving and compassionate capitalism means

Azim Premji, Wipro, IT industry, Azim Premji retirement, Azim Premji Foundation, latest news on Azim Premji Foundation, Azim Premji University, IBM, HCL News

Curbing GST evasion a must, but need to check tex terror

Curbing evasion a must, but need to check tax terror

GST, GST collections, GST arrests, tax department, Supreme Court, Telangana High Court , GDP, latest news on gst News

RBI monetary policy: Rate cut to boost growth

Global growth remained sluggish across both advanced and emerging markets. Global yields have fallen significantly.

RBI monetary policy, Rate cut, policy repo rate, Global growth, BCBS, inflation, global economic indicators, India’s banking sector News

Nuance key to Madras HC’s ruling on forwarded messages

Nuance key to Madras HC’s ruling on forwarded messages

Madras High Court, Tamil Nadu, WhatsApp, fake information, Facebook posts, Mamata Banerjee, Bal Thackeray News

RBI tries to help, but govt needs to do its bit as well

The cut in the repo was expected, though the shift in the stance was an unexpected surprise; real interest rates are still too high

RBI, loan rates, Shaktikanta Das, Repo rates, market loans, RBI growth forecast, liquidity, private sector borrowings News
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