-The Telegraph The Indian economy grew at just 4.4 per cent in the first quarter ended June 30 - its slowest pace in four years. The grim figure deepened worries for the UPA government, which has been battling criticism over its failure to halt the slide in the rupee, cap deficits, ignite growth and slam the lid on inflation. The tepid growth had been anticipated with finance minister P. Chidambaram acknowledging a few...

-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...

-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...

-The Telegraph Kolkata: Seedbeds are not yet ready in vast stretches of Bengal's rice bowl because of poor rainfall, raising the prospect of a slump in production and showing up the inability of catchy slogans alone in making farming less of a gamble in the monsoon. Rainfall in the four major rice-producing districts of Bengal till Monday was around 50 per cent less than the normal average, officials in the agriculture department...

-The Economic Times KOLKATA: Paddy farmers in eastern India are a bit worried over erratic rainfall this year. The spread of the rainfall has not been uniform across the region which has prompted states like West Bengal, Bihar, Jharkhand and Odisha to prepare contingency plans if the trend continues for long. The states are looking at options such as short-duration crops and direct seeding as possible ways of growing paddy in...