Indian farmers depend on June-September monsoon rains, as half of the country's farmland lacks irrigation facilities.
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Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
The untimely Mumbai monsoon threatens to play spoilsport as there is a fair chance of first day's play being affected by rain during the second Test between India and New Zealand, starting on Friday.
The Indian contingent of more than 300 navy personnel was assisting in the relief, with divers searching the brackish waters and medical teams seeing patients in makeshift tents set up at shelters.
With Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the festive mood remains high with low Covid third wave possibility and softer gold price this season. The industry expects the trends in 2021 will be able to reach pre-covid level sales of 2019 on the back of gold price hovering at Rs 46,000-47,000 per 22 carat 10 grams gold nearly 5 per cent lower than 2020, and jump in number of weddings, a senior official of an industry body said. "Since Navratri market is showing demand. It will continue on Dhanteras also.
'In the last 4, 5 years, ever since online companies started online shopping in a big way with heavy discounts, our sales are affected badly.' 'As there is no control over the way the online companies operate, they were able to destroy the domestic retail market to a great extent.'
Nishita Suratkal explains how amla, methi and bhringaraj can help arrest hairfall and improve overall hair health.
And the first Indian to go into space from 'Indian soil' could well be a woman.
At the BSE, 1,879 companies declined, while 685 advanced and 131 remained unchanged.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
A massive political row has erupted after media reports claimed that Pegasus spyware was used to conduct surveillance on about 300 Indians, including ministers, political leaders, government officials and journalists.
'"It is a deliberate attempt by vested interests to spread misinformation and cause misunderstanding between the friendly people of Bhutan and Assam'
The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation. The MPC vote was unanimous and has decided to keep stance withdrawal from accommodative, RBI Governor Shaktikanta Das said in a press conference on Wednesday. The decision was taken during a three-day meeting of the RBI's Monetary Policy Committee (MPC) to review the interest rates in the country. The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 per cent," Das said.
The Wire news portal, in the third part of its revelations from the international collaborative journalistic investigation called the Pegasus Project, reported that those marked as potential targets for surveillance include Ambedkarite activist Ashok Bharti; academic and chronicler of life in Naxal-dominated regions Bela Bhatia; railway union leader Shiv Gopal Mishra and Delhi-based labour rights activist Anjani Kumar.
'It could rain about 200 mm in short span of time.'
Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.
Mother and son refuse to go away despite indications blowing in the wind that their leadership is ringing the death knell of the party, observes Ramesh Menon.
India's gold demand declined 18 per cent to 135.5 tonnes in the first three months of this year, mainly due to a sharp rise in prices, according to the World Gold Council (WGC). The demand stood at 165.8 tonnes in the first three months of 2021. In terms of value, gold demand dropped 12 per cent to Rs 61,550 crore in the January-March period. It stood at Rs 69,720 crore in the year-ago period, the 'Gold Demand Trends Q1 2022' report released by the WGC said.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
Satellite analysis can assess vegetation cover down to field level.
Rohini Iyer sends neer dosas for the Skipper and his missus.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
18 leaders from 14 parties said it is unfortunate that the government has 'unleashed a misleading campaign to malign the combined opposition' and blaming it for the continued disruption of Parliament proceedings.
In the 30-year period between 1986 and 2015, temperatures of the warmest day and the coldest night of the year have risen by about 0.63 degree Celsius and 0.4 degree Celsius, respectively.
The parliamentary panel on information technology will question government officials on allegations relating to suspected phone tapping of politicians, journalists and others using Pegasus spyware, the committee chairman and senior Congress leader Shashi Tharoor said on Tuesday, and asserted that it is the "most important issue" for many members.
'...that it takes fantasy seriously as a part of real life'... A fascinating excerpt from Jonathan Gil Harris's book, Masala Shakespeare: How A Firangi Writer Became Indian.
Low oil prices also means effectively transfer of wealth from the producing nations to the consuming nations
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
The mercury breached the 46-degree Celsius mark in several places such as Allahabad (46.8 degrees Celsius) and Jhansi (46.2 degrees Celsius) in Uttar Pradesh; Sports Complex (46.4 degrees Celsius) in Delhi; Ganganagar (46.4 degrees Celsius) in Rajasthan; Nowgong (46.2 degrees Celsius) in Madhya Pradesh; and Maharashtra's Chandrapur (46.4 degrees Celsius).
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.
According to an IMD forecast issued on Thursday, a heatwave spell will persist over northwest and central India during the next five days and over east India during the next three days.
In a statement, the SKM, an umbrella body of 40 farmers' unions, said the struggle will continue to get all demands of the protesting farmers fulfilled and all announced plans are underway.
The election of Prime Minister Narendra Modi along with the Reserve Bank of India's commitment to contain inflation have sparked the improved confidence.
The aim of the programme is to increase the water table in the stressed areas through dams, ponds, and afforestation. According to a NITI Aayog study, by 2030, the country's water demand is projected to be twice the available supply, implying severe water scarcity for hundreds of millions of people and an eventual 6 per cent loss in the country's GDP.
The prime minister said he was expecting members of the House to show enthusiasm by thumping their desks as a large number of those from the Dalits, Scheduled Tribes and OBC communities as well as sons of farmers and those from economically backward and rural backgrounds have become ministers in the recent rejig.
Some states are taking a legal view on the state GST rate and the compensation rules ahead of the Goods and Services Tax (GST) Council meeting, which is likely to be held in mid-June, said people in the know. While the agenda is still being finalised, several states are likely to take up the matter related to GST compensation and may pitch for its continuation beyond the June 30 deadline. States would like to know how they would divide the compensation collected after June 2022 for payment of principal and interest of compensation shortfall borrowing and arrears to states, sources said.
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