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INTERNATIONAL
WB warns India on fiscal deficit, slow reforms
Washington: World Bank has warned India that its growth prospects are weakened by high fiscal deficits and slow reforms, and the country needs to accelerate poverty reduction efforts, especially in UP, Bihar and MP, to meet the Millennium Development Goals (MDG).

NATIONAL
India completes its part of phase-2 rice genome work
New Delhi: Indian scientists have successfully completed their share of phase-2 sequencing of rice genome under an international project, a step that will boost gene discovery and functions.

Pharmaceutical ethics – in need of urgent reforms
Pharmaceutical ethics, alias pharmacoethics, can be reckoned as the mother of all business ethics. Pharmaceutical industry, for ages, is revered and trusted for its life-saving research in eliminating dreadful diseases, promoting longer, healthier and happier life. The awe, however, is chiefly imputed to drug discovery.

SENSEX extends gain on oil PSUs disinvestment
Mumbai: The SENSEX extended its gains to sixth week in-a-row ending 2.40 per cent higher at 21-week high on the back of a strong rally at the weekend on the Bombay Stock Exchange (BSE) on reports that the government has resolved the impasse over privatisation of two oil PSUs (Public Sector Undertakings).