-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-The Indian Express It needs to restructure its agriculture, develop sustainable cropping patterns. Laxman Singh Rathore and his entire team in the Indian Meteorological Department (IMD) need to be complimented for giving us sufficient warning, well in advance, about the likelihood of yet another year of deficit rainfall. Although it was not good news, the messenger kept its honesty and boldness in speaking the bitter truth. On April 22, in its...

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

-Business Standard This is our season of despair. This year, it would seem, the gods have been most unkind to Indian farmers. Early in the year came the weird weather events, like hailstorms and freak and untimely rains that destroyed standing crops. Nobody knew what was happening. After all, each year we witness a natural weather phenomenon called the "western disturbance" - winds that emanate from the Mediterranean and travel eastward...

-The Times of India NEW DELHI: The government on Friday swung into action on the rising prices of major pulses, particularly arhar, and took a string of decisions to enhance supplies. Within hours after the Times of India report, the government decided to import another 5,000 tonnes of arhar to stem the prices which have been spiraling in the past few months. "At a high-level meeting held here today (Friday), the...