-The Business Standard One correction - and more to come? Several developments in the Supreme Court over illegal mining of iron ore in Karnataka indicate that only the first chapter of a long-running story has been brought to a satisfactory end. The whole story offers a valuable insight into practices of governance and ways of doing business in India. The first chapter began over half a decade ago, with a report by...

 The Supreme Court on Friday said that it will not relax its order banning mining operations in Karnataka unless recommended by its green panel - Central Empowered Committee. The court also asked iron ore mining companies to complete the clean-up and land reclamation if they want the ban to be lifted.  However, the court accepted the recommendations of the panel pitching for continuation of limited mining operations by the state-owned National...

Weather events such as extreme temperatures and drought caused global agricultural losses of 11.4 billion dollars in 2011, while 12 million hectares of farmland are lost to land degradation every year, and unsustainable agricultural practices contribute to the emission of greenhouse gases. These and other data provided by a report released Wednesday in London by leading scientists from 13 countries raise the question of how to curb the environmental crisis, guarantee...

-Bloomberg   World food prices will drop this year as increase in unemployment in developing and developed countries slows growth in demand, the United Nations said.   “We have started to see a decline in food prices,” Jose Graziano da Silva, director general of the UN’s Food and Agriculture Organisation, said at a conference in Hanoi on Thursday. World economic expansion will slow to 3.3% this year from 3.8% in 2011, according to the International...

ZAVOORA, India (AlertNet) – Amid thousands of tree stumps stretching over almost 60 hectares (150 acres) of bare plateau, there are signs of life. Delicate saplings of kail and deodar conifers are growing between other newly planted deciduous trees.  The woodland had been cut down illegally by loggers and encroached upon for farming. But forestry officials here in Shopian district, a two-hour drive south of Srinagar, the summer capital of India’s...