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.
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.
After an all-party meeting in New Delhi, Parliamentary Affairs Minister Pralhad Joshi also said that some of these 32 bills have already been discussed by standing committees of Parliament.
Presenting some interesting photographs we received from you.
What stocks will gain from a normal monsoon?
The El Nino impact on the Indian monsoon typically manifests by way of extended break in rainfall.
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.
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.
Monsoon is likely to reach Maharashtra and Goa in the next two days, the India Meteorological Department said on Monday, with a private weather forecasting agency predicting sustained heavy rains later this week.
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 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.
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.
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.
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.
Besides MPs, parliament staff and media personnel, among other entrants to the building, will also be required to undergo the test for the coronavirus.
Improved monsoon, solid fiscal performance, and capex push by the public and private sectors augurs well for India's macroeconomic stability and growth, the finance ministry's monthly economic review for June 2023 said. But the report said that while India's domestic fundamentals remain strong, negative cross-border spillovers and adverse global developments could act as a deterrent in achieving the high growth path this financial year. "An improved matching of aggregate supply and aggregate demand in the Indian economy underpins the progress made in the control of domestic inflation and the consequent strengthening of macroeconomic stability," the review said.
The weather office forecasts monsoon rains to be above average this year after the droughts ravaged crops and worsened rural distress
The Northern Railways said it has cancelled around 17 trains and diverted around 12 others, while traffic has been suspended at four locations due to waterlogging.
Without revealing details of the proposed programmes, the leader of the Janata Dal-United, a constituent of INDIA, said that a decision in this regard was taken at the just concluded conclave of the opposition alliance in Mumbai.
Monsoon is likely to be 96 per cent of the long period average
A group of MPs from the opposition alliance INDIA will visit Manipur on July 29 and 30 to assess the situation in the northeastern state which has been engulfed in ethnic violence since May 3.
Monsoons have had limited effect on market returns for a given year, report Sachin Mampatta and Sundar Sethuraman.
Monsoon revival over weekend likely, but second-half rainfall may be muted. If the rains become scarce after mid-August, the standing kharif crops might be impacted
This year, the monsoon was above normal in almost all parts, except in North-West India, which comprises the major grain producing states of Uttar Pradesh, Punjab, Haryana, Rajasthan, along with states such as Himachal Pradesh, the NCR, Uttarakhand, and J&K.
Barnes School, Devlali, is famous for its dal. But everything tastes good in the hill station air and vintage locale.
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.
'All El Ninos are not associated with the deficient monsoon.'
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.
After a steady surge, prices of pulses, except those of urad and masoor to some extent, are showing signs of stabilising amid a revival of monsoon rains over major growing areas of Maharashtra and Karnataka, and on expectations of a rise in imports. Chana prices, which too had moved up in recent months, have dropped by almost 3 per cent since the end of August due to increased liquidation of government stocks, official data shows. Monsoon rains seem to have benefitted the standing soybean crop as well.
Popular doesn't always mean best. Here's why.
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.
Some of the countries where cheetahs are still found, though in smaller numbers, include Algeria, Egypt, Niger, and Mali.
'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.'
This should augur well for the rabi crops as delayed withdrawal will leave enough moisture in the soil for early sowing.
India's crucial monsoon will be normal this year but with less heavier rains as the weather office on Friday marginally downgraded its earlier forecast.
Dear readers, tell us what you are wearing this monsoon.
Steady progress in June; north and central regions to get good pre-showers
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