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The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
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It expects rainfall to be about 106 per cent of the long period average, aided by La Nia conditions anticipated to play a role in the second half of the monsoon season.
Kumar also hinted that the Maharashtra elections could be held after Diwali.
The southwest monsoon is expected to reach Kerala during the next two to three days, marking a sluggish start to the seasonal rains that are the lifeline of India's agri-based economy.
The Mysuru Urban Development Authority (MUDA) case over which the Karnataka Governor Thaawarchand Gehlot accorded sanction for investigation against Chief Minister Siddaramaiah has its origins more than three decades ago.
Despite volume growth in the export segment and strong demand in the domestic market, pricing uptick is eluding Indian agrochemical companies.
More wonderful greens for a hearty monsoon meal.
The weather department said its latest model analysis had indicated that the moist easterly winds in the lower level from the Bay of Bengal would spread to northwest India, covering Punjab and Haryana by July 10, leading to the advancement of monsoon and an increase in rainfall activity over the region, including Delhi, from July 10 onwards.
The Southwest Monsoon is set to arrive early with the Andaman and Nicobar Islands expected to receive first seasonal showers on May 15, the weather office said on Thursday.
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These celebs have some make-up tips for you.
For the second successive day, not a single ball could be bowled at the Shaheed Vijay Singh Pathik Sports complex in Greater Noida putting the venue under scanner and making it an international embarrassment.
Union Minister and Lok Janshakti Party-Ram Vilas leader Chirag Paswan is planning to convene a meeting of Scheduled Caste MPs of different parties as he works to mobilise support ahead of his party filing a review plea in the Supreme Court against its judgment allowing sub-categorisation of reservation within the community.
Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.
The short-term inflation outlook for India is benign, and the expectation of a normal monsoon and moderating global prices of key imported items give credence to the projections made by the RBI and IMF, the Economic Survey said on Monday. However, to ensure long-term policy stability, the Survey 2023-24 suggested making focused efforts to increase the production of major oilseeds, expanding the area under pulses, and assess the progress in developing modern storage facilities for specific crops.
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
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She stars in Kota Factory season 3 that airs on Netflix this month.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
With the cooling down of heatwaves as the monsoon spreads across the country, power demand has fallen by 12.5 per cent from the start of this month till Monday. Peak power demand of the country had touched a record of 210 Gw last week, mostly due to rising temperatures and opening up of the economy. Compared with the beginning of this month, almost all states have seen a fall in power demand. Punjab, however, is an exception where the power demand on Monday was 17 per cent higher than on June 1.
On Tuesday, Leader of Opposition Rahul Gandhi accused BJP MP Anurag Thakur of "abusing and insulting" him during the Lok Sabha discussion on the Union Budget.
Kerala has had 202 fatalities in 2024 so far. In July alone, there were 202,122 episodes of fever, 2,250 cases of dengue, 1,850 cases of mumps and several other illnesses. 10,000 cases of dengue have been reported from Karnataka. 1,000 swine flu cases have been documented in Rajasthan.
'Usually the average rainfall per day is around 8 mm and India is receiving 10 to 11 mm per day since the last one week.' 'July seems to be very good for the entire country.'
If the BJP has to work as a junior partner of Vijay's TVK, then either the party will have to change the state leader, or the latter should change himself. Incidentally, ever since Vijay started talking politics and elections, the pro-BJP/Hindutva social media had stopped dragging his name into any non-existing issue.' In particular, they have stopped referring to him by his Christian name, 'Joseph Vijay', observes N Sathiya Moorthy.
According to the police, 16-17 members of a family from Sayyad Nagar in Pune's Hadapsar area had hired a private bus to visit the scenic spot near Lonavala for a picnic on the rain-soaked day.
Normally, monsoon reaches Delhi by June 27. It covers the entire country by July 8. Last year, the wind system had reached Delhi on June 25 and covered the entire country by June 29.
However, induction in the NCP-SP will come with riders, asserted the former Union minister.
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy.
Intense monsoon rains brought normal life to a standstill in several parts of eastern and central Rajasthan, flooding out roads, rail tracks, low-lying residential areas and hospitals and claiming seven lives since Sunday night.
The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.
Ten to 20 days of heatwave are expected against the normal of four to eight days in the entire April-June period.
IMD Director General M Mohapatra said there is cyclonic circulation along the Karnataka coast which is hindering the progress of the southwest monsoon.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
Abhishek Yadav, design head at Spykar, tells you how to stay cool and comfy in the rains.
The Southwest Monsoon usually covers the entire country on July 8. The earlier normal date for the monsoon to cover the entire country was July 15.
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