-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...

QUEZON CITY (PIA) -- The Ramon Magsaysay Award Foundation (RMAF) announced today the six winners of the 2012 Ramon Magsaysay Award. The awardees were from Bangladesh, Cambodia, India, Indonesia, Philippines and Taiwan. A press statement from RMAF said hen Shu-Chu, from Taiwan, is being recognized for “the pure altruism of her personal giving, which reflects a deep, consistent, quiet compassion and has transformed the lives of the numerous Taiwanese she has...

-The Economic Times NEW DELHI: More farmers are using weather insurance to mitigate risks from climate change. Top two weather insurers -- Agricultural Insurance Corporation (AIC) and ICICI Lombard -- say business is growing at 25% annually and now covers more than 200 districts across 21 states. "The growth has been so spectacular over the past five years that as many as 12 million farmers, growing crops on over 15 million hectares...

-The Times of India COIMBATORE: The rainfall pattern during the current south-west monsoon is similar to 2009 when the country witnessed a drought. The overall rainfall deficiency has been 21.9% below the LPA ( Long Period Average) till July 18, which is similar to the one witnessed in 2009. This has raised the specter of drought in the country this year, observers tracking the agriculture sector have said. A drought year is...

-The Indian Express From Nariman Point to Tirupur, from broking firms to ancillary industries — as a two-part series in this newspaper has illustrated — the economy is seeing a steady contraction in employment opportunities. The economic and social cost is sobering but the UPA should also worry about the political implications. Lakhs of jobs are being lost when India is heading for a general election that could be decided primarily...