This is the first cyclone in the Bay of Bengal this pre-monsoon season.
A deep depression over the Bay of Bengal intensified into a cyclonic storm, named Remal, on Saturday evening and is likely to turn severe before making landfall between the coasts of West Bengal and Bangladesh on Sunday midnight, the India Meteorological Department (IMD) said.
The Supreme Court on Thursday directed the Himachal Pradesh government to release 137 cusecs of surplus water available with it for Delhi, which is grappling with water crisis.
'The Budget will be positive, continuing on the path of growth taken so far.'
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Monsoon revival over weekend likely, but second-half rainfall may be muted. If the rains become scarce after mid-August, the standing kharif crops might be impacted
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
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.
Steady progress in June; north and central regions to get good pre-showers
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
They have been deployed to foil suspicious activities at the border in Punjab.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
The IMD chief also allayed fears of occurrence of an El-Nino.
June 1 is the official onset date of monsoon in India when it hits Kerala.
Despite high exposure to floods, Assam, Bihar, Uttar Pradesh, Odisha, and Sikkim are the best performing states in terms of flood early warning systems (EWS), according to the report by independent policy research think tank The Council on Energy Environment and Water.
After churning across the Arabian Sea for more than 10 days, Biparjoy made landfall near Jakhau Port in Gujarat on Thursday.
Going behind the scenes with director Mira Nair.
According to the proposed legislation, 'the central government may, by notification, empower any officer to intercept, open or detain any item in the interest of the security of the state, friendly relations with foreign states, public order, emergency or public safety, or upon the occurrence of any contravention of any of the provisions of any law for the time being in force'.
Analysts remain bullish on the road ahead for the equity markets, but warn against volatility on account of domestic and global cues. The upcoming Lok Sabha elections back home and the interest rate trajectory of the US Federal Reserve, they said, will be the two most important factors that the markets will keep a tab on. That apart, the valuation of the Indian markets, they feel, will also be eyed in context of how global peers are performing.
In another forecast for August, IMD Director General Mrutunjay Mohapatra said monsoon is also likely to be normal in the month.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
'Urbanisation results in heavy rainfall events.'
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
Write in to us with instructions on how to prepare your favourite rainy-day foods and we'll publish your recipes right here on rediff.com.
Each year, economic damages increase -- and once again, development gains are lost in one season of flood or bad drought.
We are all 'Chasing the Monsoon', notes Ajit Balakishnan.
The three new laws -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act -- will replace the colonial era Indian Penal Code, the Code of Criminal Procedure and the Indian Evidence Act of 1872.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
An official said that a South African delegation will visit India in February for an assessment of the preparations at the Gandhi Sagar Wildlife Sanctuary.
Southwest monsoon hit Kerala on Friday marking the start of the rainy season, four days after its normal onset date.
Skymet is the first major Indian weather forecasting agency to have issued a monsoon forecast for 2016.
A parliamentary committee scrutinising three bills to replace existing criminal laws did not adopt its draft report as scheduled on Friday, taking into account the submission of some opposition members that they needed more time to study it.
Don't know how to look fashionable while it rains? We have help -- we talked to a few Indian designers to see what they had to say about monsoon fashion trends.
Bijoy Venugopal takes a long, wet drive through the hills of Tamil Nadu to meet the monsoon on its way out.
Some of the easily digestible spices during monsoon are garlic, asafetida, pepper, ginger, turmeric, cumin and coriander. They also provide excellent nutrition.
Jwala (Namibian name Siyaya) had also given birth to four cubs last March. However, only one of them survived.
The agency filed the charge sheet against six people and a report against one child in conflict with the law before a special CBI court in Guwahati, nearly three months Manipur Police made arrests in the case.