La Nina, a weather pattern arising in the Pacific Ocean that causes heavy rain in South Asia, is assuming a neutral condition, senior India Meteorological Department officials have said. This suggests the country will have a near-normal southwest monsoon.
'The last time we had such a late withdrawal of monsoon was in 1960 or so.'
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This may rescue pulses, cotton and oilseed sowing; rain revival in the south to take longer
Changes to India's annual monsoon are expected to result in severe droughts and intense flooding in parts of India
Reports said that in Telangana and Karnataka, excessive rains the past 10 days has threatened the standing green gram and maize crops and could negatively impact yields if the skies don't open up. But in the north-west and central parts of India, the resurgence of monsoon could not have come at a better time as oilseeds and pulses crops would otherwise had weathered if the rains didn't revive in August.
From florists in Ghazipur's phool mandi to sweet shop owners in Old Delhi's Chandni Chowk, the preparations, if not the sales, have already begun.
Readers share their monsoon pics. You can share yours too!
The total rainfall till now is not only deficient, but is also erratic in terms of both geographical spread and timings.
As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.
Budget travelers, these monsoon getaways are meant for you!
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
India has roped in almost all the world's major weather forecasters in its effort to accurately forecast monsoon rains in the next four years.
Retail inflation declined to a three-month low of 5.1 per cent in January, mainly due to subdued prices of vegetables, fruits and other food items, according to government data released on Monday. The fall indicates that retail inflation is inching towards the Reserve Bank's comfort level of 4 per cent. The Consumer Price Index (CPI) based inflation was on the rise for two straight months after touching a trough of 4.9 per cent in October 2023. In December, it stood at 5.69 per cent.
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24. Weighed down by stiff competition, the company has shed Rs 1,172 crore over the past two weeks in mcap. India's largest paint maker in terms of mcap, expects double-digit growth in the industrial segment and aims to maintain margins, but its performance in decorative paints could suffer amid competition.
'India is an equity market with a breadth and depth of companies to invest in.'
According to the IMD forecast, monsoon is likely to be normal this year.
Readers share their interesting monsoon pics. You can share yours too!
This could have huge implications for agriculture, food prices, supply and overall economic growth of the country
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Planet Retail is owned by non-resident Indian V P Sharma and Samsonite's Ramesh Tainwala.
The rains have so far been four per cent below normal.
A look at some interesting photographs we received from you.
The five warmest years in Indian weather history have occurred in the past 14 years -- the others being 2009, 2017 and 2010, in order of intensity.
Barnes School, Devlali, is famous for its dal. But everything tastes good in the hill station air and vintage locale.
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.
An ensemble of musicians, some of whom played sursingar, mohan veena, dilruba and other rare instruments, regaled G20 world leaders during the ceremonial dinner hosted for them by President Droupadi Murmu.
'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.'
Farmers of Haryana suffered because of unseasonal rain.
Leaders of various opposition parties on Sunday demanded that issues of price rise, 'Agnipath' scheme as well as the alleged misuse of investigative agencies be taken up in Parliament and also raised objections to the list of 'unparliamentary words' at an all-party meeting convened by the government ahead of the Monsoon Session.
The El Nino impact on the Indian monsoon typically manifests by way of extended break in rainfall.
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As the spirit of summer holiday takes over , here's looking at 15 Hindi songs whose tourist-y picturisation transported us into a feast of sights and sceneries on silver screen.
East India, along with a major portion of central India, is likely to be at a higher risk of being rain deficient, especially during the first half of the season.
Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in the January-March quarter (Q4) coupled with sluggish rural growth during the period. Brokerages estimate top-line growth to be in low single digits in the quarter. Also, the late onset of winter had an impact on demand for winter products which range from moisturisers to hot beverages.
A favourable monsoon and government support to the rural economy are among the reasons that agrochemical companies, including makers of pesticides and fertilisers, have done well.
The latest forecast, given by Earth Sciences Minister Jitendra Singh, was a downward revision from a previous forecast of 93 per cent given at the outset of the monsoon in June, but was nowhere near as bad some farmers had feared.
A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
Recent studies in China and Europe observed that the infection might relapse in those people who have already recovered from earlier phases.
A depression over the southeast Arabian Sea, south of Porbandar in Gujarat, is likely to move northwestward and intensify into a cyclonic storm, the India Meteorological Department said on Tuesday.