-MoneyLife.in Less than a week ago, the rainfall deficiency was nearly 50% of average. In a span of just six days, the deficiency was cut almost in half. Combine this feat with the fact that monsoon covered the entire country, four days earlier than normal and how does the glass now look? This is one season, so unpredictable that explains the heightened media interest in the monsoon progress. Much has been hyped...

While any loss in production following the dry spell will further hit the growth story, it will also push up food inflation. considerably. Once again the rain gods are playing truant. With 31 per cent shortfall in June, and with an expectation of only 70 per cent of the predicted 96 per cent rainfall for the July-August months, crucial for farming operations, kharif sowings have already been hit.   In June alone,...

-Reuters A shortfall in monsoon rains has widened to nearly 50 percent of average in the past week, making a revival next week crucial for farmers to sow summer-planted crops such as rice, corn, cane, cotton and soybean. The annual rains are crucial for farm output and economic growth as about 55 percent of the South Asian nation's arable land is rain-fed. Farm sector accounts for about 15 percent of a nearly $2-trillion...

-ANI The monsoon is expected to advance further in northern parts of the country in two to three days, director of Indian Meteorological Department (IMD) S. C. Bhan, assured here on Thursday. Bhan predicted that the monsoon would reach Punjab, Haryana and Delhi within two to three days. “It is expected that incoming two to three days it (monsoon) will cover some parts of southern Rajasthan, some parts of Uttar Pradesh and rest...

-The Times of India The monsoon entered its second month carrying a big rain deficit of 31%, as on July 1, with Met officials still hopeful of good rains in July and August. The next few weeks are crucial as the monsoon's performance in this period could dictate whether the government would need to respond with special measures. India Meteorological Department officials, who till last week were confident that the monsoon...