The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
An IMD bulletin said the low pressure area could intensify into a cyclonic storm, triggering heavy to very heavy rainfall in several parts of Kerala.
A red alert has been sounded in three districts of Idukki, Thrissur and Palakkad in Kerala.
Many farmers in drought hit states are seeking MGNREGA work but the state government's coffers do not have enough fund to pay the salaries of these workers.
The latest official numbers on the price of agricultural produce gives an idea of what's fueling the farmers' protest in Delhi.
Asian shares have begun the week on a plaintive note.
A minister said the country had 7% less rain than normal.
'There are a lot of companies that have been struggling really hard expecting to do better year after year.' 'All these people will think now, "Let me not fight any more. Let me end this".'
Kerala, Andhra, Tamil Nadu and Kerala are facing a severe drought this year, affecting livelihoods as well as lives.
Rediff.com takes its readers through the various moods of Raghuram Rajan.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
DroughtThe Centre is expected to discuss issues related to drought management and also review the progress of major central schemes like soil health cards, irrigation programmes
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Rain deficiency in eastern and western Uttar Pradesh, Bihar, Jharkhand, Gangetic West Bengal, Assam and Meghalaya is 20-46 per cent less than normal as of June 17.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Officials said good rain in August - though it might not improve acreages much for most crops except urad, moong, and paddy - would help in improving yields in the crops already planted.
Here's a recap of the events from the past 48 hours.
Waterlogging has been reported in several parts of city.
Similarly, the wide-based 50-issue CNX Nifty of the NSE jumped 109.30 points, or 1.46 per cent, to end above 7,500-mark for the first time at 7,583.40.
In Uttar Pradesh, southwest monsoon has been normal so far where rains and thundershowers occurred in few places since Friday.
El Nino is expected to occur in August-September, but it is unlikely to have any major impact on the monsoon, and the weatherman expects a positive Indian Ocean Dipole, which has a strong influence on rainfall in the country.
The India Meteorological Department's first monsoon forecast for this year would have gladdened many a heart with the hope of plentiful rain, after two drought years.
With about 40 per cent deficit rainfall during the monsoon season in parts of the state and shrinkage in sowing area, the Andhra Pradesh government has directed the Tirumala Tirupati Devastanam to "perform Yagnas" in temples to propitiate the rain God.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
Next week could see some respite from the heat.
Rain for the central and northwestern parts a concern.
July and August are expected to receive 107 per cent and 104 per cent of rainfall
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
55% of cultivable land still doesn't come under irrigation.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
The decision, taken by the Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi, comes less than a year before next general election.
About 1000 tourists and locals were stranded at various places, including 800 in Sangla alone and heavy rains were hampering the rescue operations, officials said on Monday.
Rediff.com brings you monsoon images from across the country
The southwest monsoon season was deficient by 16 per cent.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
We had prepared a contingency plan for 580 districts, the minister said.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
For the first time in the last 26 years, a shutter of the Cheruthoni Dam was opened on Thursday.
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