India faces risk of weaker monsoon, raising inflation and growth concerns
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Below-normal rainfall could hit agriculture, push up food prices and weigh on the country’s economic growth, analysts say. MUMBAI: India could be heading into a weaker-than-usual monsoon season this year, raising concerns about inflation and the broader economy. The India Meteorological Department has forecast below-average rainfall for the June to September monsoon period – the first such outlook in three years. Rainfall is expected to be about 92 per cent of the long-term average, making it
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