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Monsoon may be below par: India Meteorological Department

-The Times of India   PUNE/NEW DELHI: Acknowledging the shadow of El Nino on this year's monsoon, the India Meteorological Department (IMD) on Thursday predicted below normal June-September rains at 95% of the long period average. In its first long period forecast for this year, IMD said there was a 56% probability of below normal to deficient rains, as compared to a 44% chance of rains being normal or better. The department...

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Vidarbha, West MP get highest rain-Sanjeeb Mukherjee

-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...

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Monsoon going strong, set to top 100% -Neha Lalchandani

-The Times of India NEW DELHI: At the halfway mark, the monsoon shows no signs of flagging and, on current projections, is set to cross 100% of its long period average, promising to relieve a stressed economy and ease the Manmohan Singh government's political burden. A bountiful monsoon is likely to benefit the kharif crop despite some hiccups in east India and the government is anticipating record rice production with the area...

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Kharif crop to gain as Met sees good rains in July too -Jayashree Bhosale

-The Economic Times PUNE: After receiving a 32% above-average rainfall in June, the country is likely to get good rainfall in July too. According to IMD officials, the Madden-Julian Oscillations (MJO) has become favourable for the monsoon and will result in good rainfall from mid-July. This will benefit kharif crops, which have been sown early due to timely monsoon. D Shivanand Pai, head of IMD's long-range forecasting division, said, "The Madden-Julian Oscillation...

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Foodgrain production in kharif season likely to increase by 8% -Jacob P Koshy and Ragini Verma

-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...

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