-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double agricultural growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...

-The Telegraph New Delhi/Patna: Chief minister Nitish Kumar today landed in the national capital with a demand of a relief package of Rs 12,000 crore from the Centre. A day after declaring 33 of Bihar's 38 districts as drought-hit, Nitish, who met finance minister P. Chidambaram and agriculture minister Sharad Pawar, said the state's agrarian economy was totally paralysed because of the acute Rainfall deficiency during the kharif season. Nitish requested Chidambaram to...

-The Telegraph Patna: Bihar's honeymoon with double digit growth appears to be headed for a rocky phase with the government today declaring 33 of the state's 38 districts as drought-hit. The agriculture and allied sectors, which contribute around one-fifth (18.91 per cent) of Bihar's gross state domestic product (GSDP), are staring at a lower growth rate for the second consecutive year. The overall growth rate of the state was a little...

-The Times of India PUNE: The surplus rainfall recorded by the country so far this season has come down to 11% above normal, as on Friday, from the 17% above normal recorded by end-July. The India Meteorological Department (IMD) has attributed the reduced rainfall activity to factors like a continuing absence of an offshore trough along the west coast and a weak monsoon current. "There has been rainfall in most parts of...

-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...