On one day — one minute — in the next month, the world's seven billionth human resident will be born. The United Nations is marking the occasion on the last day of October with what it describes it as an “opportunity” to promote “seven billion actions” for environmental sustainability and women's education, estimating that the world's population will top out at nine or 10 billion mid-century before declining as economic...

-The Indian Express Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace. * Jobs, housing, cash to landowners made mandatory * Costs, project delays to increase - Indian corporates react * Bill to push up costs by 350 pct for big plots - analysts, cos * Bill likely to be passed in December Tata Motors was forced...

-PTI   Terming high global commodity prices a "grave threat", Finance Minister Pranab Mukherjee has called for developing countries to increase their investments in agriculture to improve crop productivity. "The recent commodity and food price rise and their volatility constitute a grave threat to Economic Growth and food security in our economies," Mukherjee said at a meeting of G-24 Finance Ministers here last evening. He took over as the new chairman of the group...

-The Economic Times   The Planning Commission's affidavit to the Supreme Court that anyone with a monthly expenditure of more than Rs 965 in urban areas and Rs 781 in rural areas would be deemed 'not poor' has been greeted with howls of indignation. Rightly so! Though both numbers - adjusted for inflation - are an improvement over the Tendulkar Committee's numbers of Rs 447 a month in rural areas and Rs...

Twenty percent of people in the country's most populous city are below the poverty line (BPL). For Mumbai's population of about 1.25 crore, that means 25 lakh BPL people. This makes the number of those living in abject poverty in the city 4 lakh more than the population of say Nashik. The BPL figure comes from a survey carried out by the BMC in 2005-06 . The criterion was an income...