-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...

-PTI Poor monsoon continues to put pressure on prices of staple vegetables, including tomato and potato, and could further push up retail inflation which is hovering above the double-digit mark. Rates of key veggies are yet to show signs of coming down compared to mid-July due to supply constraint as a result of deficient rainfall across the country. According to IMD, the country has witnessed 19 per cent rain deficiency during the season...

-The Hindu What started as a dismal monsoon has since gone from bad to worse. It reached the subcontinent a few days late and its progress northwards thereafter was anything but vigorous. By the end of June, large swathes of the country had received hardly any rain and the nationwide rainfall deficit soared to 29 per cent. Even at that stage, however, there was a chance that the monsoon could recover...

-PTI Patchy monsoon has its shadow over onion cultivation with major producing regions in Maharashtra and Gujarat witnessing drop in sowing area of the key kitchen item almost by half. Decline in area would affect supply of onion during October-December period and could trigger its price rise in the domestic market. Onion is selling at Rs 10-15 a kg at present in retail in Delhi and other parts of the country. "Almost 50 per...

-The Times of India India could be staring at a drought worse than the one it experienced in 2009. Union agriculture minister Sharad Pawar informed that nearly half of the 624 districts had received deficient rains, another 15% experienced scanty or little rains and a deficit of 21% has been recorded across the country so far- worse than the cumulative deficiency recorded in the corresponding period in 2009. An internal review...