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.
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The RBI said lead indicators point to continuing sluggishness in domestic economic activity in the first quarter of 2014-15.
According to the report by the global financial services major, the FY2013-14 CAD is expected to be within $36 billion or 2 per cent of GDP, and this fiscal year CAD is likely to be slightly higher but contained at 2.3 per cent of GDP.
Millions of farmers plant rice, cane, corn, cotton and soybean crops in the rainy months of June and July. Harvesting starts from October
US brokerage Bank of America-Merrill Lynch on Tuesday said its sees the first rate cut this fiscal only in March next as inflation is expected to fall only by December end on a decline in commodity prices driven by the US Fed tapering.
The method is based on a network analysis of regional weather data.
As far as Saffola is concerned, oil and oats have been successful segments.
As many as 200 demonstrators rallied in downtown San Francisco on Wednesday near where Super Bowl festivities are being hosted, protesting what they say are the city's plans to clear away homeless people to make way for tourists and events.
Scientists at the India Meteorological Department warn that not only has India turned hotter in the last two decades, but that heat waves are projected to become more intense, have longer durations and greater frequency, thereby resulting in more deaths.
Timely onset of south-west monsoon is crucial for kharif (summer) crops.
The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in June rising from a modest 50.2 in May, HSBC said adding that 'the Modi wave has struck the service sector'.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
While the RBI, in the recent past, appeared keen to move to an inflation-targeting framework, industry and academia remain divided on this issue.
Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong.
Gold discounts in India, the world's second-biggest consumer, widened this week as dealers struggled to offload stocks amid sluggish demand.
Business houses expect rate cut in next RBI policy.
'When there is a change in the wind speed or the stress exerted on the surface, it will change the ocean currents.'
'Such big falls are quite frequent these days, so do not try to time this market.' 'Use big dips to accumulate quality stocks.'
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RBI is scheduled to announce monetary policy on Tuesday.
Indian gold demand seen falling to 8-year low in festive quarter.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
Monsoon rains are expected on time this year, hitting Kerala on June 1.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
Ahead of the Economic Survey, industry body Ficci today lowered its GDP growth forecast for the current fiscal, pegging India's economic expansion rate at 5.3 per cent compared to its 5.5 per cent previous estimate.
Till June 30, the southwest monsoon was 33 per cent lower than normal, which is among the worst in the last five years, with 28 of the 36 meteorological divisions recording deficient rain.
The FAO's price index, which measures monthly price changes for a basket of grains, oilseeds, dairy, meat and sugar, averaged 207.8 points last month as compared with 214.6 points in May 2013, falling nearly 3.2 per cent.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Shortage of seeds, threat of El Nino expected to restrict sowing.
The year 2016 was officially the Earth's warmest since record-keeping began in the 1880s, the World Meteorological Organization announced on Wednesday.
Chiekcn prices set to go up across cities in India.
'The food security along the coastal region will be severely affected.'
Monsoon is critical for the country's 263 million farmers and their rice, cane, corn, cotton and soybean crops because nearly half of its farmland lacks irrigation.
Here's a collection of some of the best photos from around the world shot in the last 24 hours.
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.
The southwest monsoon over the country is likely to be normal in July, the India Meteorological Department (IMD) said on Thursday in its forecast for the month.
The monetary authority said it was worried on three fronts with regard to inflation as well as the economy.
'Already, the temperature has touched 39 degrees in some parts of Gujarat and now we are in the last week of February.' 'We need to activate the heat action plan from March 1.'
Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report.
'Each cyclone has its own identity and its own behaviour based on the environmental conditions in the ocean and in the atmosphere.'
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
