-The Hindustan Times The flood situation in Assam worsened on Thursday with new areas coming under water and the toll reaching 22. Altogether, 21 districts have been affected following the week-long incessant rains. The river has breached embankment at five places, affecting 1,744 villages across nine districts and 70,000 hectares of crop land. The situation in Kamrup, Nalbari and Bongaigaon in lower Assam worsened on Thursday, after the tributaries of Brahmaputra breached their...

Two ways to advertise your modernity in India today: first is to carry an iPad, second is to declare that you are firmly on the side of 'reforms' There are two quick ways to advertise your modernity in India today. The first is to carry an iPad when you go for meetings, even if all you do with it is read email; and the second is to declare that you are...

The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy.  In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as disbursement of loans and payments towards...

-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

-International Land Coalition   Rome, Italy - Information on land governance is critical factor for enabling developing and emerging economies to establish effective land tenure systems and ultimately ensure secure and equitable access to and control over land. To this end, the International Land Coalition, together with the Food and Agriculture Organization of the United Nations (FAO), today announce the integration of information on land from FAO databases accessible through the Land...