A bullock cart travels through a cattle shelter in Beed district, Maharashtra.  (Photographer: Dhiraj Singh/Bloomberg)

Weatherman Predicts A Near-Normal Monsoon. But Take It With A Pinch Of Salt

India’s weatherman has forecast a near-normal monsoon this year. But the bad news is that in seven of the last 10 years, it underestimated rainfall deficiency.That’s what an IDFC Asset Management C...