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Poor monsoon to pull down economic growth to 6%: Montek


Deficient monsoon is likely to pull down the economic growth in the current fiscal to about six per cent, from 6.5 per cent a year ago, the Planning Commission said on Friday.

"If we factor in th

Gujarat to get Rs 480 crore for drought relief


The Empowered Group of Ministers (EGoM) on drought headed by Agriculture Minister Sharad Pawar on Friday sanctioned Rs 480 crore as immediate relief to Gujarat for drinking water in rural areas and co

Monsoon seen deficient in 2012: Weather office


Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains agai

Drought could delay fuel reforms: Ahluwalia


The drought threatening India due to elusive monsoon rains will make it politically harder for the government to raise prices of subsidised fuel, delaying a reform urgently needed to rein in the count

August may bring good rains, but trouble in Sept: Rathore

India's crucial monsoon is expected to bring widespread showers this month but is likely to run into trouble in September, a top weather official said on Wednesday.

"In August, we are hoping for a b

EGoM nod for Rs 2,000 cr relief package to drought-hit states


Concerned over poor monsoon in more than half of the country, the Centre on Tuesday announced a slew of measures, including a relief package of about Rs 2,000 crore to states facing drought-like situa

Govt cuts irrigation costs to drought-hit farmers


India took steps amid its second drought in just four years to cut irrigation costs and increase fodder supplies for livestock farmers but stopped short of curbing exports of agricultural products or

High inflation may prevent RBI from cutting rates


In view of high inflation and deficient monsoon rainfall, the Reserve Bank may find it difficult to cut the key lending rate to boost the economy as is being demanded by the industry.

Rate cut unlikely as RBI sees more risks on inflation front


The Reserve Bank on Monday hinted at holding on to its elevated rates in the quarterly monetary policy review on Tuesday, saying there are increased risks on inflation scenario and lack of action on the fiscal front.

Contractor has harvest of rains


At a time when every drop of water counts, a civil contractor in Kochi has set a grand example by establishing a 1.15 lakh litre rainwater harvesting facility at his house — perhaps the largest by an

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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