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India gets 11% surplus rainfall so far this season -Vishwas Kothari

-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...

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Vidarbha, West MP get highest rain-Sanjeeb Mukherjee

-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...

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UPA may miss highway building target in poll year -Dipak Kumar Dash

-The Times of India NEW DELHI: UPA is likely to miss the target of constructing 20 km of highway per day during the election year, with the latest road transport and highways ministry data showing just 1,183 km has been constructed in the first quarter of the current fiscal. At the current pace, the per day construction is little over 13.14 km as against 15.7 km in 2012. During 2012-13, 5,732 km...

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Monsoon going strong, set to top 100% -Neha Lalchandani

-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...

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Kharif crop to gain as Met sees good rains in July too -Jayashree Bhosale

-The Economic Times PUNE: After receiving a 32% above-average rainfall in June, the country is likely to get good rainfall in July too. According to IMD officials, the Madden-Julian Oscillations (MJO) has become favourable for the monsoon and will result in good rainfall from mid-July. This will benefit kharif crops, which have been sown early due to timely monsoon. D Shivanand Pai, head of IMD's long-range forecasting division, said, "The Madden-Julian Oscillation...

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