-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

-The Financial Express Seasonal showers declined 6% from the long-period average up to August 6 For the first time since the current monsoon season started in June, the country’s water storage has dropped from both the level a year before and the normal benchmark average, thanks to a slowdown in monsoon rains since early July. Seasonal showers declined 6% from the long-period average (LPA) up to August 6, worsening from a deficit of...

-The Times of India NEW DELHI: After a wet June, when other systems had countered the adverse effects of El Nino, monsoon took a drier turn in July and the month ended with a countrywide rain deficit of 17%. However, kharif sowing remained robust, boosted by good rain spells in several parts of the country. With the dip in rains, monsoon's performance in the first half of the season — June 1...

-Business Standard Skymet says rains will be normal in August Southwest monsoon has shown marked improvement over central and eastern parts of India in the past few days, narrowing the cumulative deficiency for July to 15 per cent from a high of 50 per cent. However, the situation is worrisome in parts of central Maharashtra, Marathwada, Rayalseema region of Andhra Pradesh, some districts of Telangana, and north interior Karnataka, where the total seasonal...