The met department said that rainfall in August is projected to be within the normal range at 97% of LPA. In August and September, India receives around 43 mm of rainfall.
Skymet is the first major Indian weather forecasting agency to have issued a monsoon forecast for 2016.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
A normal monsoon will augur well for the country's agriculture sector and boost crop yields. However, good rains - and surplus crops - could also depress prices, hurting farm income, unless adequate steps are taken.
The 'Salary Survey 2015' was administered on 100,000 registered users on the website.
This should augur well for the rabi crops as delayed withdrawal will leave enough moisture in the soil for early sowing.
In Delhi, Safdarjung, the base station for the national capital, recorded 44.2 degrees Celsius, while Mungeshpur observatory in northwest Delhi, reported 47.3 degrees Celsius.
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
In another forecast for August, IMD Director General Mrutunjay Mohapatra said monsoon is also likely to be normal in the month.
Nearly 21 per cent of the country has received "deficient" rainfall till July 31, the India Meteorological Department on Monday said.
As the kharif season is setting in, India is scrambling to source fertilisers from the international market. It is set to sign long-term contracts - especially with Morocco and Latin American countries - to ensure steady flow of supplies. "We have to source fertilisers wherever it is available because crops have to be secured.
This interactive maps shows you the rainfall received across India in the months of June and July.
July and August are expected to receive 107 per cent and 104 per cent of rainfall
'IIM Ahmedabad has seen one of the best placement seasons ever and this change can be attributed to the markets opening up after the pandemic.'
IMD director general K J Ramesh said the Met wasn't being conservative and weather patterns indicated that there was a possibility of rainfall being very near to the 50-year LPA of 89 cm.
The southwest monsoon which reached the country on May 30 well within its normal onset date
Twelve out of the 15 warmest years since 1901 were during the past 15 years -- between 2006 and 2020, according to IMD data.
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.
However, the areas under paddy - the biggest cereal grown during the kharif season - continue to be less than last year, mainly due to delayed onset of rains and also on account of shift towards the more lucrative maize.
Officials said good rain in August - though it might not improve acreages much for most crops except urad, moong, and paddy - would help in improving yields in the crops already planted.
The IMD chief also allayed fears of occurrence of an El-Nino.
Skymet is credited with correctly predicting the 2009 drought.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
The exercise, Agriculture Minister Radha Mohan Singh said, will help ease any possible impact of sub-par rainfall on farmers.
Though early days, meteorologists point towards a neutral La Nina during the initial phase of the four-month monsoon season this year that starts from June. If this holds true, by the time the rains hit the mainland, it could mean there would be one less reason to worry about the prospects of the monsoon this year. Weathermen said making any accurate prediction of how El Nino will behave and what impact it can have on the progress and distribution of rains is difficult to say at this point. A clear picture will emerge around late May or early June.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Heavy overnight rains in Uttar Pradesh on Friday led to the deaths of at least 22 people, including nine labourers who were buried alive under the debris when an under-construction wall in the state capital collapsed on their huts.
Expected to be over 100% of long average period.
The rainfall in July was minus seven per cent which comes to around 93 per cent of the Long Period Average, IMD Director General Mrutyunjay Mohapatra said.
Monsoon will be insufficient this year.
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'
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
"The season averaged maximum temperatures in Himachal Pradesh, West Rajasthan, Konkan, Goa, Coastal Karnataka, Kerala and Arunachal Pradesh are likely to be higher than normal by 0.5-1.0 degree Celsius," the Met department has said in its forecast.
Twelve of the 36 meteorological subdivisions recorded deficient rainfall, while the rest witnessed normal to excess rain. In total, 38 per cent of the 662 districts received below-normal rain.
The retail frenzy over initial public offers (IPOs) seen over the past few months is not without reason. Over the past two years, 61 companies have tapped the primary market and raised funds via IPOs. Of these, 24 companies (nearly 39 per cent companies) have more than doubled at the bourses with Happiest Minds, IndiaMart Intermesh, Indian Railway Catering and Tourism Corporation (IRCTC), Affle India and Route Mobile surging 468 per cent to 722 per cent since their listing date till now. Retail participation in the equity market, according to analysts, has just reached an inflection point due to the low interest rate regime amid lack of investment-worthy avenues that can generate a good return for investors.
These three states sought a combined financial assistance of Rs 11,186 crore
India will receive normal monsoon this season, country's meteorological department said on Wednesday in its forecast for the Southwest monsoon that covers 75 per cent of the country, and thereby may bring much-needed respite to the economy, which is reeling under the catastrophic effect of the Covid-19 pandemic.
The India Meteorological Department introduced the present LRF models during 2007 following review of the old forecasting system.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.