The IMD, in its onset date forecast on May 15, had said the monsoon is likely to hit the southern state on June 5, four days after its normal arrival.
The government has convened an all-party meeting on July 21 ahead of the Monsoon Session of Parliament which will start next Monday, the Parliamentary Affairs Ministry said.
Passenger vehicle retail sales in India witnessed a 7 per cent on-year decline in June as severe heatwave conditions resulted in 15 per cent less showroom walk-ins, industry body FADA said on Friday. Overall passenger vehicle registrations stood at 2,81,566 units last month, as compared to 3,02,000 units in June 2023. "Despite improved product availability and substantial discounts aimed at stimulating demand, market sentiment remains subdued due to extreme heat resulting in 15 per cent less walk-ins and delayed monsoons," the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement.
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
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Very heavy rainfall is likely to occur at one or two places in Kerala on Wednesday.
La Nina, a weather pattern arising in the Pacific Ocean that causes heavy rain in South Asia, is assuming a neutral condition, senior India Meteorological Department officials have said. This suggests the country will have a near-normal southwest monsoon.
After missing its deadline, the monsoon is likely to hit the national capital and parts of north India by the end of the week, a private forecasting agency said on Monday.
A red alert indicates heavy to extremely heavy rains of over 20 cm in 24 hours, while an orange alert means very heavy rains of 6 cm to 20 cm of rain.
A total of 435 people died in the country due to extreme weather events during the last three months of the southwest monsoon, according to the data compiled by the India meteorological department.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
'Southwest Monsoon has advanced into remaining parts of Rajasthan, Haryana and Punjab and thus it has covered the entire country today, the 26th June 2020,' the IMD said in its special Daily Weather Report.
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Bangladesh's ousted Prime Minister Sheikh Hasina has launched a scathing attack on the interim administration, accusing Chief Adviser Muhammad Yunus of running a "fascist regime" that persecutes minorities and allows terrorists to operate freely. Hasina, who is currently in India, made the remarks in a virtual address to overseas Awami League supporters, vowing to bring Yunus and his allies to justice for alleged atrocities. Her comments come ahead of a visit by India's Foreign Secretary to Dhaka, where he is expected to raise concerns about the safety of minorities in Bangladesh.
'In addition, we have geopolitics and politics and all the other things that will affect commodity prices.'
The IMD has forecast heavy rainfall in some parts of the state in next 48 hours. "The southwest monsoon has arrived in Maharashtra. The onset line is passing over Harnai, Solapur, Ramagundum (Telangana) and Jagdalpur (Chhattisgarh)," IMD Mumbai centre's deputy director general K S Hosalikar said.
The news will augur well for the country as large parts have been witnessing agriculture distress and water levels in reservoirs in west and south India have dipped to low levels.
'In Mumbai, isolation is a very different isolation.' 'It's not about actual physical loneliness.' 'It's the loneliness in the company of others, and I felt that that is a very Mumbai thing.' 'You can be travelling in the ladies compartment squashed against everybody's armpits and still be really, really sad and alone.'
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
A likely western disturbance over north India during the weekend might cause heavy to very heavy showers in a few places, including New Delhi.
Janhvi promotes Ulajh... Huma starts shooting... Mouni is in London...
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
The monsoon session of Parliament got off to a stormy start on Monday leading to adjournment of the two Houses without transacting much business following an opposition uproar over issues ranging from price rise to the Agnipath scheme.
The total rainfall till now is not only deficient, but is also erratic in terms of both geographical spread and timings.
Among the fatalities recorded on Friday, the maximum 17 were from Uttar Pradesh, 14 from Bihar, five from Odisha and four from Jharkhand, where officials said more than 1,300 people are hospitalised with heatstroke conditions.
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This may rescue pulses, cotton and oilseed sowing; rain revival in the south to take longer
India has roped in almost all the world's major weather forecasters in its effort to accurately forecast monsoon rains in the next four years.
According to the Central Water Commission, of the 91 major reservoirs in the country, 62 water bodies reported 80 per cent or below of normal storage.
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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.
Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. He controlled over 30 companies that operated in over 100 countries across six continents yet lived an unpretentious life. Ratan Naval Tata, who died at a Mumbai hospital on Wednesday night at the age of 86 years, enjoyed a perhaps unique status -- a corporate titan who was considered a 'secular living saint' with a reputation for decency and integrity.
'The first two months of monsoon are not looking good.' 'In case both the halves fail, it is going to be misery.'
Hundreds of people are facing a shortage of food, safe drinking water and sanitation in Kathmandu following the natural disaster, according to eyewitnesses.
Planet Retail is owned by non-resident Indian V P Sharma and Samsonite's Ramesh Tainwala.
Data from department of agriculture showed that kharif crops had been sown in around 31.56 million hectares till Friday, which was 104.25 per cent more than the same period last year. Acreage of almost all crops was higher than last year.
'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.'
The rains have so far been four per cent below normal.
Retail inflation declined to a five-year low of 3.54 per cent in July mainly on account of subdued prices of food items, and base effect, according to official data released on Monday. The Consumer Price Index (CPI) based retail inflation was 5.08 per cent in June 2024 and 7.44 per cent in July 2023.
