-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India.  Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....

-The United Nations A United Nations top official today called on academics to get involved in essential research to help reduce rural poverty and assist small-scale farmers as part of the global fight against hunger. “One of the great challenges we have today is to use academic knowledge to understand and improve the life of rural populations throughout the world,” said the Director-General of the Food and Agriculture Organization (FAO), José Graziano...

-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...

-The Indian Express With the overall rainfall deficiency this monsoon tracing the pattern of 2009, when the country witnessed widespread drought over 350 districts, the government Friday said while the situation was a matter of concern, the news “agriculturally” wasn’t as bad as three years ago in most parts. “As of yesterday, the overall rainfall deficiency stood at 21 per cent. Parts of Karnataka, Maharashtra, Western Rajasthan and Gujarat remain regions of...

-The Indian Express The government on Friday said the spectre of drought over a few states and the likelihood of a lower rainfall pattern this year should not be a concern for a “panicky situation” as it is geared up to face the situation with enough stocks of foodgrains and sugar. Last year the production of both foodgrains and sugar had overshot the estimate leaving the government with adequate resources for the...