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India, Russia to sign defence, nuclear pacts

New Delhi: More than a dozen agreements, including an umbrella civil nuclear pact and another on the Gorshkov aircraft carrier, are likely to be signed between India and Russia tomorrow during Russian Prime Minister Vladimir Putin’s visit to New Delhi as the two countries seek to consolidate the strategic partnership between them.

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Drug patents worth $60bn to expire in 4 years

Chennai: Nearly $60 billion worth of patents for drugs is set to expire in the next four years across the world and Indian pharmaceutical companies are now in a position to take a major share of this pie, industry members said.

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Not enough to drink: Groundwater in 33% of India undrinkable

Iron, Fluoride, Salinity, Arsenic Beyond Tolerance Levels In Many Districts: Govt
New Delhi: Groundwater in more than a third of Indian districts is not fit for drinking. The government, in reply to a parliamentary question, admitted that iron levels in ground water are higher than those prescribed in 254 districts while fluoride levels have breached the safe level in 224 districts.

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India to be third largest economy by 2020, says top ADB official

The Asian Development Bank (ADB) Managing Director General Rajat M Nag on Thursday said that the way India's growing, it is quite possible that by year 2020 it will become world's third largest economy. "In 2008, India ranked world's 12th largest economy at $1.2 trillion.

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Patent filings may dip 10% in FY10 on lower R&D spend

THE financial meltdown may be history, but its effects continue to haunt, especially when it comes to corporate innovations. A case in point is the dip in the number of patent filings in India in 2009-10.

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Going green: CIL plans to earn carbon credits

Looks For Partner To Set Up VAM Projects

COAL India (CIL) is exploring ways to earn carbon credits from its mining operations. It is looking to set up projects that involve capturing ventilation air methane (VAM) from coal blocks. This is expected to allow CIL to earn carbon credits. To this effect, CIL is now looking for a suitable collaborator to develop such VAM projects.

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80 million diabetics in India by 2025

'In addition to HIV/AIDS, TB and malaria, prevention of diabetes should also be considered as the national mission. The Central government should make budgetary allocations for diabetes, which would include research, management and subsidised cost for treatment of diabetes,' said Kiran Mazumdar-Shaw, CMD, Biocon Ltd on Thursday.

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Iffco gets Rs 4 cr from carbon credits sale to Spain

IT IS the first time in the fertiliser sector that a company has sold carbon credits. The Indian Farmers Fertiliser Cooperative (Iffco), the world’s largest manufacturer and marketer of processed fertilisers in cooperative sector, made around Rs 4 crore from sale of its carbon credits to Spain.

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Bt brinjal panel may side with Ramesh

EVEN as the last word is yet to be spoken on Bt brinjal, the issue has fallen under the scrutiny of a parliamentary panel. As most of the committee members appear to be taking an anti-Bt brinjal stand, environment minister Jairam Ramesh may find an ally in his battle against the commercial release of the genetically modified
vegetable.

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FinCom sets Rs 5K cr for ecology-based projects

The 13th Finance Commission (TFC) has allocated Rs 5,000 crores as forest grant to support ecology-based projects initiated by of ministry of forests and environment (MF&E).

Another Rs 2,063 crores have been allocated to support for state-specific projects.

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