The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
The IMD has said temperatures in most parts of the country from March to May would be 'above normal'.
Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar
Uttar Pradesh and Punjab have announced loan waivers for farmers, while Maharashtra has not despite Opposition pressure. Sanjeeb Mukherjee reports.
Big Basket, Haldiram's & Amul among 101 cold chain projects okayed
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
The BJP's win in the Uttar Pradesh assembly polls has emboldened the top leadership to pursue a pro-woman agenda.
Bharti may look at gaining market share pre-merger and benefit from a lower capex intensity
Parks would cut transport cost by 10% for industries, allow freight movement on larger trucks and rail.
UP is an important state to roll out the government's agrarian reforms and job growth policies.
Those without Aadhaar can still avail of the scheme after producing proof of applying for Aadhaar
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
El Nino is often associated with below average warmer, dry weather across Asia Pacific region.
Crops including fruit, vegetables account for 60% of GDP in agriculture, forestry, fishing sector.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
The Bharat Interface For Money app was launched on the iOS platform earlier this month. It is also available on the more popular Android platform. There have been over 17 million downloads of the BHIM app so far.
Weather watchers said it can't be known till May whether El Nio will impact the monsoon or not.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.
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