Abbott lab

Piramal sold its domestic formulations business, which manufactured, marketed and sold branded pharmaceutical products in India, Nepal and Sri Lanka in finished form, to Abbott for $3.72 billion in 2010. Photo: Bloomberg
When governments focus on the here and now and in an ad hoc manner, unintended consequences result. Photo: Hemant Mishra/Mint

Seeding the ground for stagflation

4 min read . 25 Apr 2017
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