Deepak Patel

Articles By Deepak Patel

‘Fraud’ detected over two years ago, govt yet to take over AEPC

Keeping in view the allegations of large scale fraud of government grants by the AEPC, the then Textiles Secretary Rashmi Verma wrote in July 2016 to MCA that the government appoint an administrator to take over its management.

‘World Bank is working with power distribution firms on a cash transfer model’: Fan Zhang, Senior Economist

Fan Zhang, Senior Economist, Chief Economist’s Office, South Asia Region said that the institutional distortion, such as expensive coal supply, is having a larger effect on India’s power sector than the distortion by subsidies.

CEA yet to develop norms for ‘establishment costs’ of discoms, 12 months after power minister’s order

The Ministry of Power stated on Wednesday that more than Rs 34,000 crore interest cost has been saved by discoms under UDAY within two years.

New CEA, cable firm manager to Central secretaries: 43 had applied for RBI Deputy Guv post

On June 4 this year, the central government chose M K Jain, managing director and chief executive officer, IDBI Bank, as the new Deputy Governor of RBI.

Sun Pharma practices: questions, responses

Later, it was reported that a “potential whistleblower” too had raised such questions. Between November 30 and December 6, Sun’s stock price at the National Stock Exchange fell 14.7%.

How a move in Indonesia may impact electricity consumers in India

Gujarat has asked power distribution companies to seek approval for revised tariffs. Three major projects run on imported coal from Indonesia, whose pricing changes have hit their finances.

Only 12 out of 33 reallocated coal mines started production

Only 16 out of 33 have been given mine opening permissions as on October 24 this year, the Coal Ministry said in its note to a committee of secretaries.

Coal transport continues to face challenges: Ministry

According to the October 24 note of coal ministry, there will be a spurt in demand of coal transport through railways only. The ministry estimates that coal supply through road is unlikely to increase significantly.

Govt may ease compensation clause in clinical trial rules

According to draft rules, any institution or organisation that intends to conduct clinical trial or bioavailability study or bioequivalence study shall be required to have an “Ethics Committee”.

‘Rain, delay in forest clearance behind shortfall in coal output’

In a note dated October 24, 2018, the Union coal ministry told the committee of secretaries (COS) – which has been formed to deal with various coal sector issues – the reasons behind the shortfall in coal production this year by Coal India Limited (CIL).

‘No harmony among zonal offices of central drug regulator’

Rajiv Kumar Saxena, vice president, Mankind Pharma, said that since regulations are made by the Central government and implemented by the state governments, there is a big disconnect when it comes to implementing them.

Coal Ministry decides not to form independent body to resolve disputes

The NA is generally an officer of the Coal Ministry — not below the rank of Joint Secretary — to conduct auction of coal mines or allot coal mines as per Coal Mines (Special Provisions) Act, 2015.

How global oil prices fell, and impact on India

With global brent crude oil prices having fallen significantly over the last six weeks from $86.29 to $63.3 per barrel, Indian petrol and diesel prices have seen some correction while the rupee has strengthened against the dollar.

New capacity edition for Nov-Feb: Govt asks Solar Energy Corp to bring tenders of 4000 MW

The proposal that SECI may bring tenders of 1000 MW each in the months from November to February has come with an assumption that code of conduct for the next general election will be enforced in March 2019.

Kerala regulator finds three drugs to be of substandard quality

The three medicines are of Sanofi India, Macleods Pharmaceuticals and Cadila Healthcare

Complete audits of District Mineral Foundations by the end of 2018: Centre to state govts

Goa, Bihar, Kerala, Meghalaya, Tamil Nadu pulled up for ‘very low’ fund spending

DIPP Secretary Ramesh Abhishek: ‘Our major challenge is to make people feel reforms’

Ramesh Abhishek, Secretary, Department of Industrial Policy and Promotion (DIPP), said that India would like to move to top of ease of doing business (EODB) rankings and the full impact of GST and other reforms would be felt next year.

‘Vaccine hesitancy growing in Europe’

India has been dealing with vaccine-hesitant parents for last few decades in order to deal with serious diseases such as polio.

What the data on oxytocin ‘misuse’ show

Oxytocin is chemically synthesised and sold by pharmaceutical companies across the world, and used as a drug during childbirth because it can contract the uterus and induce delivery, control bleeding, and promote the release of breast milk.

No Oxytocin seized in 2016-18: CDSCO informs Delhi High Court

In 2016-17, the central regulator -- Central Drugs Standard Control Organisation (CDSCO) -- did not seize any raw material (or the Active Pharmaceutical Ingredient) used in the manufacturing Oxytocin while in 2017-18, it seized just 614 grams of the API.