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Monsoon rains in India below average in past week

-Reuters India's monsoon rains retreated to below average levels in the past week, the weather office said on Thursday, after scraping above average the previous week for the first time this season, keeping overall rainfall under par and pushing futures higher. Monsoon rains were 22 per cent below average in the week to July 18 against one per cent above average rains in the previous week, reflecting the return of a weak...

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Monsoon worry mounts, food prices rise sharply-Zia Haq

-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...

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Monsoon revival or mirage?-Rajan Alexander

-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...

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As storage in dams dips, Centre rings alarm bells-Gargi Parsai

-The Hindu   States advised to give preference to drinking water and irrigation and enhance groundwater use. An alarming depletion in the water levels (at 57 per cent of last year’s storage) of important reservoirs, owing to the delayed and weak southwest monsoon, has prompted the Central government to issue an advisory to the States on Monday to make “judicious and regulated” releases. The States have been advised to give preference to drinking water...

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Modi faces contempt plea in HC

-The Indian Express Senior advocate Mukul Sinha filed a contempt of court plea against Chief Minister Narendra Modi and his council of ministers before the Gujarat High Court on Tuesday for refusing to allow the prosecution of fisheries minister Purushottam Solanki in an alleged scam worth about Rs 400 crore. Sinha, however, refused to share the details, saying it was a sensitive matter. Sinha filed the application on behalf of his client Ishaq...

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