-The Economic Times The worst of drought may be behind after the near normal rains since fourth week of July, raising hopes that the economy could bottom out in the current quarter and even get a big push from a likely good Rabi harvest. The deficit in the weekly rainfall in the three weeks to August 15, the crucial sowing period in north India, has been less than 4%, almost normal rainfall. The...

-The Times of India Though rains have lashed most parts of the country in the past few days, raising hopes of wiping out deficiency, a strong likelihood of the emergence of rain-interrupting El Nino weather pattern in September is still keeping weathermen on tenterhooks. The El Nino conditions, known to cause dry weather, are likely to disrupt the monsoon's progress which has reduced the overall rain deficit from 19% in July to...

-The Pioneer Plans to gag babus in amended Bill The UPA Government is mulling on bringing amendments to the Whistle Blowers Protection Bill, which is pending in the Rajya Sabha. The Bill was passed by Lok Sabha in the last Winter Session without any debate. According to sources, the amendments will dilute the spirit of the Bill by stripping the status of whistleblowers to officials who tried to use Government documents like Cabinet...

-The Economic Times This year's frail monsoon has depleted Indian reservoirs to alarming levels last seen during the devastating drought of 2009, threatening even Winter-sown crops and making the country vulnerable to drinking water scarcity by February as India's grossly inadequate storage capacity magnifies the impact of weak rainfall. The situation is precarious because the monsoon has delivered normal rainfall to only one-third of the country. The total deficit so far this...

-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...