The total rainfall till now is not only deficient, but is also erratic in terms of both geographical spread and timings.
Mr Modi has indicated he will carry on, and intensify, India's 'Look East' policy. But this start is hardly inspiring.
The survey by consultancy firm PwC, 'Future of Work: A journey to 2022', quizzed 10,000 people across China, India, Germany, the UK and the US on the future of work and what it meant for them. 1,898 of these respondents were from India.
The government has the power to allocate coal blocks to enterprises in specific sectors -- such as power, and iron and steel in particular.
It's time government used oil windfall wisely.
This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
It is increasingly clear that Rajasthan, under the leadership of Chief Minister Vasundhara Raje, will lead the country in terms of policy reform.
There are justifiable concerns that, if all financial allocation powers are now shifted to the finance ministry, then the end of the Commission might be counter-productive -- states' needs could, in fact, be addressed less.
The recent release of the updated index for comparing the value of currencies across countries - generally known as purchasing power parity, or PPP - will have far-reaching implications.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
Capital adequacy and tighter regulation are just one step forward.
A barrier-free market -- coupled with removal of controls, licensing system, intermediaries and state-imposed levies on farm commodities -- will benefit both sellers and buyers.