India may avoid a drought for a fourth straight year as the El Nino weather system looks unlikely to impact monsoon rains, a leading forecaster said on Thursday, promising yet another bumper grains output in the Asia's third-biggest economy. El Nino was a factor in India's last severe drought in 2009 when the country had to import sugar, pushing global prices to 30-year highs. ...
08:09 PM, Mar 07, 2013
