-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

Although a normal monsoon has been forecast for South Asia this year, and rains have begun normally in many parts of the region, people are still anxious about the rainy season that lasts for four months. Their anxiety has to do with the uncertainties surrounding the timing of the monsoon in recent years. While the debate continues over the role of climate change, scientists have also been looking at the possible role...

The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...

When he drank poison on January 11, farmer Hargovind Harne’s run-down hut was bursting with freshly harvested paddy. Yet he was neck-deep in debt. Even the bottle of pesticide that he used to take his own life had been bought on credit, as the bill shows. His large stock of grain wasn’t the only puzzle in the 47-year-old’s suicide. Vidarbha is infamous for continuing suicides by cotton farmers but Harne grew food,...

So it's not going to be a normal monsoon . That's hardly surprising. Indian rainfall is erratic in four out of 10 years. About 80% of our land mass is highly vulnerable to drought, floods and cyclones. 50 million Indians are exposed to drought every year. The agriculture ministry says 68% of India's sown area is subject to drought in varying degrees. Annual average rainfall is 1,160 mm. However, 85% of...