India

There is a huge strike going on this morning in India, as people protest against the government's decision to allow mega retailers like Walmart and Tesco into the country.

This week, India's Supreme Court hears arguments in a case that will affect how many poor people can afford cancer drugs. Novartis is defending a patent on its cancer medication, Gleevec.

The fast food giant makes a bold move in a country where about 50 percent of the people are vegetarian.

We got word from India this morning that the economy there is dragging. It grew at a rate of just 5.5 percent last quarter, which was the slowest pace in three years.

India has a much younger population than many developed countries, but this “demographic dividend” is a only a good thing when young people can find work.

But after the recent massive power outages in the country, some Indians are concerned that the money should be invested in infrastructure instead.

Indian electricity bosses are less accountable than their Chinese counterparts even though India is a democracy and China a one-party state.

India needs many more generating plants to keep up with exploding demand for electricity, but the distribution system is so corrupt that investors are reluctant to put money in new plants.

In India, 600 million people lost power this morning. It's the second major blackout there in just two days.

Today blackouts in northern India spread to the eastern states, affecting half of the country's 1.2 billion people. Many office buildings are running on generators; More than a hundred trains were stranded in the summertime heat.