-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

-The Hindu Bengaluru: After slump in prices and harassment from moneylenders, the farming community now faces another hardship – failure of kharif crops owing to severe drought. About 26 per cent of the sown area has withered owing to scanty rainfall in more than 20 districts of the State. Already nearly 200 farmers committed suicides owing to indebtedness and other reasons in the last four months in the State. The South-West monsoon being...

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

-The Financial Express Seasonal showers declined 6% from the long-period average up to August 6 For the first time since the current monsoon season started in June, the country’s water storage has dropped from both the level a year before and the normal benchmark average, thanks to a slowdown in monsoon rains since early July. Seasonal showers declined 6% from the long-period average (LPA) up to August 6, worsening from a deficit of...

-The Times of India HYDERABAD: Telangana appears to be heading towards a drought. Half of the monsoon season is over and apart from the initial days of rainfall, the state has had a dry spell. Water levels in reservoirs are dropping rapidly and many towns are facing a drinking water crisis. In rural areas, the crisis is in the form of dying crops and a looming threat of fodder shortage. In fact,...