Drug stores plan protest against e-pharmacies

As many as 850,000 small chemist shops in India will shut for a day next week to protest against a burgeoning online pharmacy industry that is attracting big money backers.

Pest blights India's GM cotton crop, fuelling debate over risks 09 Oct 2015

MUMBAI/NEW DELHI - Two Indian states are suffering the first major pest infestation since the country adopted genetically modified cotton in 2002, raising concerns over the vulnerability of the lab-grown seeds that yield nearly all of the cotton in the world's top producer.

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai July 30, 2013. REUTERS/Vivek Prakash/Files
Economic Climate

Confident India predicts investors will carry on

Officials familiar with RBI's thinking say investors are expected to take profits out of emerging markets when the Fed raises interest rates, but they also expect investors to return swiftly to India which Governor Rajan has called "an island of relative calm" among emerging markets. From "fragile five" to "island of calm" marks a major turnaround under Rajan, whose term is due to end next year.  Story 

Wided Bouchamaoui, president of Tunisia's Employers' Organisation (UTICA) and a member of Tunisia's National Dialogue Quartet, talks to journalists in her office in Tunis, Tunisia October 9, 2015. REUTERS/Zoubeir Souissi
Nobel Peace Prize

Tunisian National Dialogue Quartet wins Nobel

The quartet of the Tunisian General Labour Union (UGTT), the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA), the Tunisian Human Rights League (LTDH), and the Tunisian Order of Lawyers was formed in the summer of 2013. It helped support the democratisation process when it was in danger of collapsing, the Norwegian Nobel committee said in its citation.  Full Article 

REPRESENTATIVE IMAGE: Russia says kills 300 militants in Syria in most intense raids yet

Russia kills 300 Syria militants in intense raids

Russia's air force hit 60 Islamic State targets in Syria over the past 24 hours and killed around 300 militants, the Defence Ministry said on Friday, in Moscow's most intense raids yet since it first launched strikes on Syria 10 days ago.  Full Article 

An employee sorts out vegetables before packing them at a Big Basket warehouse on the outskirts of Mumbai November 4, 2014. REUTERS/Danish Siddiqui/Files
Economic Pulse

Sept retail inflation likely rose from record low

India's retail inflation likely picked up in September, driven by higher food prices, but will remain comfortably below the Reserve Bank of India's target and allow room for further policy easing, a Reuters poll showed.The consumer price index was expected to rise 4.3 percent last month, with forecasts in the survey of over 20 economists ranging between 3.6 percent and 5.0 percent.  Full Article 

REPRESENTATIVE IMAGE: The Dome of the Rock is seen in the background as Israeli policemen stand guard near Palestinian men (not pictured) participating in Friday prayers in Arab east Jerusalem neighbourhood of Ras al-Amud October 9, 2015. REUTERS/Ammar Awad

Israel-Palestinian violence widens, six killed

Israeli troops shot dead six Palestinians in protests in Gaza and a knife-wielding Jewish man wounded four Arabs in southern Israel on Friday in a wave of violence that has fuelled talk of a new uprising against Israel.  Full Article 

People walk below a billboard of Indian property developer DLF Ltd. in Mumbai May 25, 2007. REUTERS/Arko Datta/Files
Stake Sale

DLF promoters to sell stake in rental business

DLF Ltd promoters will sell their 40 percent stake in the company's rental business to institutional investors, DLF said. The parent company will retain its 60 percent stake in DLF Cyber City Developers. SEBI had put a ban on DLF last year for allegedly misleading investors by withholding information about some of its units and the criminal cases pending against them in its IPO prospectus.  Full Article 

Empty Liquefied Petroleum Gas (LPG) cylinders are seen at a gas distribution centre at Dujana village in Noida, on the outskirts of New Delhi October 7, 2015. REUTERS/Anindito Mukherjee
Commodity Crisis

LPG emerges as accidental bright-spot

Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia. The biggest growth market is India, where millions of households are switching from kerosene or wood burners to LPG.  Full Article 

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