Category: India

Stretched Indian Cell Phone System: Now Espionage Fears

As India prepares to adopt new import regulations designed to thwart spying and sabotage,

the country’s mobile phone operators say the costs of implementing the rules could squeeze their thin profits even further

and accelerate an impending wave of consolidation in the industry.

The proposed rules would require phone operators in India to have all foreign equipment they purchase inspected by third-party laboratories in the United States, Canada or Israel

Fuel Price Increase Protest Shocks India

Protests against a recent increase in fuel prices shut down markets, schools, airports and businesses across India earlier this month,

and thousands of people were arrested as violence flared in some cities.

The effect of the demonstrations — led by political parties that oppose the governing coalition led by the Indian National Congress —

far exceeded expectations, although no official estimates of crowds were available.

India Becoming Major Power in Global Generic Pharmaceuticals

India’s drug industry — on track to grow about 13 percent this year, to just over $24 billion —

was once notorious for making cheap knockoffs of Western medicines and selling them in developing countries.

But India, seasoned in the basics of medicine making, is now starting to take on a more mainstream role in the global drug industry,