Total area sown till last Friday was 16.56 mn hectares, up 23%.
'The last time we had such a late withdrawal of monsoon was in 1960 or so.'
The impact of weak monsoon so far this year on India's farm production and economy is likely to be limited, the central bank said, as rainfall levels have improved considerably over the past one month.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
The industry expects Iran to purchase at least 1 million tonnes this financial year
According to World Gold Council (WGC), gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014.
We had prepared a contingency plan for 580 districts, the minister said.
'The first two months of monsoon are not looking good.' 'In case both the halves fail, it is going to be misery.'
Tata Motors was the top gainer on better-than-expected June quarter revenues
For the second successive year, Monsoon is likely to be below normal with parts of north-west and central India to be the most affected.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Monsoon is expected to cover central and eastern India after Tuesday.
Sensex dull at close, Infosys rules, ITC drags.
Movement of rupee and crude oil prices will also dictate the trend
