President to present national awards to MSME and banks on Wednesday

NI Wire,    Wed, 3 Apr 2013
President Pranab Mukherjee on Wednesday will honour the Micro, Small and Medium Enterprises (MSME) and banks with the prestigious national awards at the Vigyan Bhavan in New Delhi...

The current economic downturn is disappointing but temporary: PM tells India Inc

NI Wire,    Wed, 3 Apr 2013
Prime Minister Dr. Manmohan Singh on Wednesday appealed the leaders of Indian industry to correct the investment environment in the country and justify their social responsibility voluntarily. It is really disappointing that the growth rate of the country had slowed down to five percent but the current economic downturn is temporary and the government was taking corrective measures to get back to eight percent growth, he added

World Bank optimistic for eradicating poverty globally by 2030

NI Wire,    Wed, 3 Apr 2013
World Bank has hinted that there is new opportunity to eradicate poverty globally by the end of next decade. World Bank President Jim Young Kim has claims the signs of such recovery in the global economy meant there was now an 'opportunity to create a world free from the stain of poverty' by 2030

SC dismisses Novartis' plea for patent of cancer drugs

NI Wire,    Mon, 1 Apr 2013
In a major decision, the Supreme Court has dismissed the petition of Swiss pharmaceutical chain Novartis AG's seeking patent protection for its anti-cancer drug, Glivec (Imatinib mesylate). Novartis has claimed that it is the inventor of the beta crystalline form of Imatibib mesylate

BRICS Nations ready to form Development Bank

NI Wire,    Thu, 28 Mar 2013
The fifth BRICS Summit was concluded at Durban in South Africa on Wednesday, announces the formation of BRICS Development Bank to finance infrastructure projects and to create a USD 100 billion contingency fund to tackle any financial crisis in emerging economies.

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