Readers share their best monsoon memories.
July and August are expected to receive 107 per cent and 104 per cent of rainfall
The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.
S&P Global Ratings on Monday retained India's GDP growth forecast at 6 per cent saying it will be the fastest growing economy among Asia Pacific nations. The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience. "We see the fastest growth at about 6 per cent in India, Vietnam, and the Philippines, S&P Global Ratings said in its quarterly economic update for Asia-Pacific.
A third of FMCG sales and half of motorcycle sales come from the hinterlands
Sowing had started on a sluggish note in several parts of the country because of delay in the onset of the monsoon but has picked up pace subsequently as the rains progressed and performed appreciably well in August.
A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'
As the month ended with 33 per cent deficiency, which translates to around 67 per cent of the Long Period Average, several parts of the country have been witnessing drought-like situation.
Nationalist Congress Party president Sharad Pawar on Monday said there was no confusion within the opposition Maha Vikas Aghadi (MVA) alliance over his meeting with nephew and Maharashtra Deputy Chief Minister Ajit Pawar in Pune.
Skymet said the monsoon this year could be 100 per cent of the long period average (LPA) with a model error of plus and minus 5 per cent.
Monsoon is expected to cover central and eastern India after Tuesday.
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After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
The plea, filed by Delhi's water minister Atishi, has made the Centre, Bharatiya Janata Party-governed Haryana and Congress-ruled Himachal Pradesh parties to the petition and said access to water is essential for survival and one of the basic human rights.
'Urbanisation results in heavy rainfall events.'
Any long dry spell could cause moisture stress in the standing crop during the crucial maturing stage and also make it prone to pest and disease attacks.
Opposition parties will hold the next meeting of their 26-member INDIA coalition in Mumbai on August 25 and 26, sources said on Thursday.
Because the ecology of various regions differs, it is silly to club them all under one countrywide average number, says Nitin Sethi.
Readers share their best monsoon memories.
We bring you the best places to enjoy the rains to the fullest!
After churning across the Arabian Sea for more than 10 days, Biparjoy made landfall near Jakhau Port in Gujarat on Thursday.
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This is the first cyclone in the Bay of Bengal this pre-monsoon season.
Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.
A deep depression over the Bay of Bengal intensified into a cyclonic storm, named Remal, on Saturday evening and is likely to turn severe before making landfall between the coasts of West Bengal and Bangladesh on Sunday midnight, the India Meteorological Department (IMD) said.
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.
The study revealed that the rise in temperatures leads to a decline in the transmission of the virus.
The Supreme Court on Thursday directed the Himachal Pradesh government to release 137 cusecs of surplus water available with it for Delhi, which is grappling with water crisis.
Readers send in their best monsoon memories.
Several BJP leaders in the past have raised a demand for changing the name of the country from "India" to "Bharat".
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
The offer is applicable to airline's all domestic destinations, including Mumbai, Delhi, Kolkata and Chennai, a company official said.
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
Weather watchers said it can't be known till May whether El Nio will impact the monsoon or not.
On the back of sound macroeconomic policies and softer commodity prices, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures, said the Reserve Bank's annual report released on Tuesday. It, however, added that slowing global growth, protracted geopolitical tensions and a possible upsurge in financial market volatility following new stress events in the global financial system could pose downside risks to growth. "On the back of sound macroeconomic policies, softer commodity prices, a robust financial sector, a healthy corporate sector, continued fiscal policy thrust on quality of government expenditure, and new growth opportunities stemming from global realignment of supply chains, India's growth momentum is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures," it said.
Fitch Ratings on Thursday retained India's growth forecast for the current fiscal at 6.3 per cent citing economic resilience despite tighter monetary policy and exports weakness, but upped year-end inflation projection on El Nino threat. The Indian economy grew 7.8 per cent in the April-June quarter of current fiscal on strong services sector activity and robust demand. "The Indian economy continues to show resilience despite tighter monetary policy and weakness in exports, with growth outpacing other countries in the region," Fitch said, while projecting 6.3 per cent growth for current fiscal (April-March), and 6.5 per cent for next fiscal.
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