'The food security along the coastal region will be severely affected.'
While good news from several quarters has been trickling in, El Nino might be a dampener, says T N Ninan.
'When you are travelling in Mumbai when the air quality is bad, you feel suffocated.' 'You may feel uncomfortable breathing Delhi air, but the level of discomfort is higher in Mumbai.'
Skymet lowered its full season monsoon forecast to 'below normal' from 'normal', while the IMD is sticking to its earlier forecast that rains in June to September of 2018 would be 'normal' at 97 per cent of the LPA with a model error of +/-5 per cent.
Monsoon will be insufficient this year.
The benchmark index on Wednesday surged 314.92 points or 1.05 per cent to close at 30,248.17 on widespread buying spurred by forecast of a normal monsoon this year.
'When there is a change in the wind speed or the stress exerted on the surface, it will change the ocean currents.'
He assured fears of food shortages were far-fetched.
.jpg)
We invite our readers to share their thoughts on water conservation with us on our social networking platform, ZaraBol -- Click #How-to-Conserve-Water to post
Data spanning the years 1951 to 2014 show that temperature and pressure conditions at specific locations in the Arctic region during the pre-monsoon period correlate with the Indian summer monsoon rainfall, points out Charu Bahri.
Gold prices this year are higher than last year, and the goods and services tax is an additional burden for consumers
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 southwest monsoon which reached the country on May 30 well within its normal onset date
After tabling the Survey, Jaitley told reporters that fiscal deficit for the current year will be 4.5 per cent which needs to go down further in the next two years.
Monsoon normally hits Kerala on June 1 but this year, Met department had predicted that it will hit the state on June 5.
Index of Industrial Production is expected to have grown by 1-2 per cent in April, D&B said in a research note, adding that the pace of improvement in consumption and investment demand is likely to take place as per the measures taken by the new government.
India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.
"The main risk stems from the uncertainty surrounding the outcome of the south west monsoon in view of the rising probability of an El Nio event around July-August, and its implications for food inflation," RBI said, as it kept the status quo on key interest rate for the third time in a row.
'Each cyclone has its own identity and its own behaviour based on the environmental conditions in the ocean and in the atmosphere.'
Atletico Madrid are close to tying up a deal for Spain forward Fernando Torres to return to his boyhood club on loan from Chelsea.
Anything between 96-104 per cent of the LPA is considered as normal rainfall while precipitation in the range of 104-110 per cent is termed 'above normal'
Current account deficit is expected to narrow to 1 per cent.
However, risks to the outlook stems from possible sub-normal monsoon and higher crude oil prices (on account of the crisis in Iraq)," the Economic Survey 2013-14 tabled in Parliament by Finance Minister Arun Jaitley said.
Asserting that retail inflation excluding food and fuel is still at an elevated level, the Reserve Bank of India on Tuesday said it would endeavour to curb price increases.
The HSBC India Manufacturing Purchasing Managers' Index, a measure of factory production, stood at 51.3 in April, unchanged from 51.3 in March, amid moderate expansion of incoming new business orders.
Millions of farmers plant rice, cane, corn, cotton and soybean crops in the rainy months of June and July. Harvesting starts from October
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 method is based on a network analysis of regional weather data.
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.
Spain forward Fernando Torres has agreed to return to Atletico Madrid on loan from AC Milan until the end of the 2015-16 season.
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.
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.
.jpg)
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.
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.
Timely onset of south-west monsoon is crucial for kharif (summer) crops.
As far as Saffola is concerned, oil and oats have been successful segments.
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.
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'.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances