-The Times of India Groundwater, a precious natural resource, is for all practical purposes a private property in India. Anyone can bore and extract water from the land he owns with few rules to restrict over-exploitation. But all this could soon change. Plans are afoot to alter laws and regulations to make groundwater a common property resource to ensure better regulation by government as a public trustee with the involvement of communities...

-The Telegraph The poor rainfall performance is likely to impact India’s rice yield this year, a senior agrometeorology scientist said today amid growing concerns over the rainfall deficit persisting 45 days into the monsoon season. Rainfall activity over the past week has reduced India’s land area under rain stress from 82 per cent on July 7 to 59 per cent today, but the cumulative rainfall is still 21 per cent below normal,...

-The Hindustan Times Despite a pickup in rainfall last week, the southwest monsoon remains in deficit by a significant 22%, almost certainly lowering annual production of grains, pulses and Oilseeds, the three crops where sowing has been worst hit. The Met office’s estimate coincided with the release of food inflation data that showed a worrying 10.81% rise in June from a year earlier, up from a 10.74% rise in May, an...

-NDTV India is likely to raise diesel prices after the presidential polls on July 19, an Oil ministry official said on Thursday, as the government attempts to cut the amount of money it pays out to keep prices lower. "This has been the thinking for quite some time," that a price rise could come after presidential polls, the official said, requesting anonymity. "It is inevitable. By how much I can't say," he added. The...

-The Hindustan Times   The rain gods may have brought some cheer to everyone after a scorching summer, but a sense of gloom about the Indian economy appears to be building. A study by US-based Pew Research Centre has found that while just a year ago, 51% people were satisfied with the way things were in the country (and 47% dissatisfied), today, the proportions have reversed — 59% are dissatisfied and only...