The economy is likely to log in a tepid 6 per cent growth next fiscal, in line with the consensus estimates, rating agency Crisil said on Thursday. The agency also sees the economy averaging a growth rate of 6.8 per cent over the next five fiscals. Crisil further said it expects the corporate revenue to log in double-digit rise again next fiscal.
A total of 86 metres have to be drilled vertically to prepare an escape passage. Pipes of 1.2 metres in diameter have to be laid vertically through the top of the tunnel on which work began on Sunday as a second option to reach the stranded labourers.
At least three people, including a nine-year-old girl, died. At least 37 people are reportedly injured, as per NHK World.
With different agencies showing divergent predictions regarding the southwest monsoon, the central government and states are gearing up to face adversity with various line ministries reportedly being directed to undertake mock drills and hold preparatory meetings. Around 56 per cent of the net cultivable area of the country is rain-fed, accounting for 44 per cent of foodgrain production. The June-September rains contribute around 73 per cent of the annual precipitation.
The El Nino impact on the Indian monsoon typically manifests by way of extended break in rainfall.
Cyclone 'Biparjoy', the first storm brewing in the Arabian Sea this year, has rapidly intensified into a severe cyclonic storm, with meteorologists predicting a 'mild' monsoon onset over Kerala and 'weak' progress beyond southern peninsular under its influence.
The IMD defines a normal monsoon as one which delivers between 96 and 104 per cent of the 50-year average rainfall for the season.
As the weather improved in parts of north India, which was pummelled by heavy rains for days, authorities on Wednesday worked on a war footing to rescue stranded tourists, restore vehicular traffic on arterial roads and prevent floodwaters from entering new areas.
The onset of the southwest monsoon is being keenly watched this year as it may provide an early sign regarding its progress over the Indian subcontinent, particularly when El Nio is expected to rear its head during the latter half of the season.
Heavy rains continued to pound Chennai and nearby districts on Monday under the impact of a cyclonic storm, which is likely to cross the coast in Andhra Pradesh on December 5.
The India meteorological department has issued a yellow alert, warning of a fresh heatwave spell in Delhi which may see temperatures soaring to 44 degrees Celsius by Wednesday.
The global body added that national meteorological and hydrological departments in both countries are working closely with health and disaster management agencies to roll out heat health action plans.
The average global temperature for July 2015 was the highest for any month since record keeping began in 1880, the National Oceanic and Atmospheric Administration said.
The central air quality panel had on Friday allowed authorities in Delhi-NCR to resume physical classes for students in classes 6 and above, colleges and other educational institutions with immediate effect.
There has not been a large impact of untimely rain and hailstorm so far in several major wheat-growing areas, and those might have damaged around 3 per cent of the standing crop -- not enough to make a big dent in the expected 112 million tonnes of production in FY24, a senior government official said on Tuesday. Relentless rain pounded most North Indian states all through March. Separately, the chairman of Food Corporation of India (FCI), Ashok K Meena, told reporters the agency was on track to achieve the targeted 34 million tonnes of procurement in FY24 on the back of a strong start to the purchase season from Madhya Pradesh.
States have been told to prepare in advance to counter any impact of an adverse southwest monsoon.
Only three countries (United States, Russia and China) have successfully landed spacecraft on the airless lunar surface.
Low temperature -- Delhi recorded a minimum of 13.5 degrees Celsius on Tuesday, the season's lowest so far -- allowed accumulation of pollutants, said Mahesh Palawat, vice president (meteorology and climate change), Skymet Weather.
Prime Minister Modi last week called for optimal grain storage, fire audits and mock drills in hospitals as preparations for the harsh summer forecast by the meteorological department.
The country can expect normal rainfall during the southwest monsoon season as a positive Indian Ocean Dipole (IOD) and a lower snow cover over the northern hemisphere are likely to counter the evolving El Nino conditions, the India meteorological department (IMD) said on Tuesday.
The weather system moved west-northwestward and concentrated into a depression on Saturday at 8.30am, close to west of Andaman Islands, the bulletin said.
On day three after a flash flood wreaked havoc in Sikkim's Teesta basin, the number of bodies recovered from the river and mud embankments downstream rose to 22, including seven army men.
The DG said the maximum of four teams of the NDRF have been positioned in Kutch district and the Gujarat government has done an in-depth evacuation exercise as part of which fishing boats have been anchored, big ships have been sent to the high seas so that they are not affected by the tidal waves, more than 4,000 hoarding have been taken down so that they don't become deadly flying objects as strong winds blow.
A strong 6.8 magnitude earthquake with the epicentre in Afghanistan shook Pakistan, killing at least 12 people and injuring nearly 250 others in both the countries, authorities said on Wednesday.
The flow rate at the Hathnikund barrage saw a marginal rise on Tuesday afternoon, oscillating between 50,000 and 60,000 cusecs.
Authorities on Friday had advised people to limit outdoor activities and told government and private offices to cut vehicle use by at least 30 per cent as air quality in Delhi-NCR inched towards the emergency level amid a rise in emissions from farm fires and unfavourable meteorological conditions.
India is likely to experience below-normal monsoon rainfall this year, with a 20 per cent chance of drought due to the end of La Nina conditions and the potential for El Nino to take hold, private forecasting agency Skymet Weather said on Monday.
The Central Pollution Control Board on Monday reviewed the air quality in Delhi-NCR observing that the contribution of stubble burning may rise in the next five days with the AQI fluctuating between 'very poor' and 'severe' categories.
Super cyclone Mocha made landfall along the Myanmar-Bangladesh coasts on Sunday after intensifying into the equivalent of a category-five storm, a senior Met official said.
At the review meeting, chaired by cabinet secretary Rajiv Gauba in New Delhi, the IMD said above normal maximum temperatures are likely over most parts of northeast, east and central India and some parts of northwest India.
The India Meteorological Department has issued an 'orange' alert.
The air quality index of neighbouring areas of Faridabad, Ghaziabad, Gurgaon and Noida was recorded at 312, 368, 301 and 357, respectively.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
It's still early days, but the southwest monsoon has been nearly 37 per cent 'below normal' in the first seven days (June 1-7) of this month. According to the data furnished by the India Meteorological Department (IMD), between June 1 and June 7, India received 14.5 millimetres (mm) of rainfall, against a 'normal' 23.1 mm. Among places where rains have arrived, monsoon in Kerala in the first seven days has been 48 per cent 'below normal', while in Puducherry, it has been 56 per cent 'above normal'. In Tamil Nadu, rains were 21 per cent 'above normal' between June 1 and June 7.
The situation could worsen if weather predictions of more rain in the capital and upper catchment areas come true.
The southwest monsoon might finally start withdrawing from parts of North-West India over the next three days, signaling the end of its four-month journey over the country that started in June, the India Meteorological Department (IMD) said. However, though the retreat might begin from next week, the rains might not descend quickly, as the met department predicted fresh spells of rains in Vidarbha, Chhattisgarh and east MP on September 21-22 and over Odisha, Coastal areas north Andhra Pradesh and Gangetic West Bengal on September 19-21. "Due to anti-cyclonic flows over northwest India at lower tropospheric levels, dry weather is very likely over west Rajasthan, Punjab, Haryana, Chandigarh and Delhi during the next five days. "Hence conditions are becoming favourable for the withdrawal of Southwest Monsoon from parts of northwest India during next three days," the IMD said.
'It is very likely to move nearly northwards for next few hour and recurve slowly north-northeastwards along Narsapur, Yanam, Kakinada, Tuni and Visakhapatnam coasts during noon to evening on Wednesday and emerge into west central Bay of Bengal off North Andhra Pradesh coasts by night,' the India Meteorological Department said in its national bulletin.
As many as 12 teams were deployed and five teams were on standby in West Bengal while additional teams are also in readiness if required.
The increase in stubble burning has kicked off a political slugfest, with Union Environment Minister Bhupender Yadav on Wednesday saying that there had been a 19 per cent rise in farm fires over 2021 in Punjab and that the Aam Aadmi Party had turned the national capital into a gas chamber.
According to the Graded Response Action Plan (GRAP), the air quality is considered to be in the emergency category if the PM2.5 and PM10 levels continue to be above 300 micrograms per cubic metre and 500 micrograms per cubic metre respectively for 48 hours or more.
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