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Latest Articles in othertop1

Analysis: Fix The Missing Link

In the healthcare industry, regulations and standards play a significant role in assuring consumers of the safety and efficacy of the medicines, equipment and healthcare services. The case highlights serious weaknesses in the regulations governing healthcare industries in general and the medical device industry in particular. Take, for instance, the failure to diagnose Paritosh’s fracture correctly: It resulted from the poor quality X-ray machine that did not report a fracture. Lack of effective regulation has led to the presence of such counterfeit products in the market.

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Oil’s Well For A Fit Economy

The one thing finance minister Arun Jaitley does not have to worry about much in this budget is how to meet the fiscal deficit target of 4.1 per cent. Much of that work is being done outside of the country: the Organisation of Petroleum Exporting Countries (OPEC) has decided to not reduce crude oil production. In the process, global crude oil prices are tumbling by the day. In the 200-odd days that Narendra Modi has been in power, the India basket of crude has fallen by almost 60 per cent from $108.05 a barrel (on 26 May) to $43.36 a barrel (on 14 January).

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