Monsoon in the country has splashed back into life, lifting the threat of prolonged drought in the major rice and sugar producing areas with a second consecutive week of heavier-than-normal rains that

The Srisailam dam on Wednesday recorded the highest flood inflow during the current season. Srisai-lam has received 1,02,008 cusecs of water from both the Krishna and Tungabhadra rivers. The present l

Poor rainfall this season has been blamed for virtually everything that’s going wrong in the state but how poor is the rainfall situation suddenly seems like a big question. Ironically, this is becaus

The downpour over the last week has exposed a major recurring problem on city road. At least 20 places, huge potholes have surfaced, affecting free flow of traffic – during and after the rain. On Satu

Fall in crop sowing levels due to below average monsoon could have a 'downside risk' to the economic growth forecast for the current fiscal (2012-13), experts have said.

According to two separate res

The shortage in rainfall this year is likely to impact inflation and output, as the agriculture sector may witness a decline in the current fiscal year, an HSBC report said.

India is looking at a dr

A summer drought makes a bad situation worse for an Indian economy already crippled by a sharp slowdown in growth, persistent inflation and a politically hamstrung government.

Late on Thursday, New D

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

Expressing concern over the impact of deficit monsoon on the economy, the industry has asked the government to take urgent steps like providing subsidised diesel to farmers and focussing on distributi

India's monsoon rains are unlikely to pick up enough to avert the possibility that ministers meeting next week may officially declare a drought, which could prompt the government to offer more support