The weather office has issued a forecast of heavy to very heavy rains at isolated places in several districts of Gujarat over the next one week.
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.
'China could intentionally release excess water.' 'The North East is already flood-prone during the monsoon, and even a controlled release from Chinese dams (during the monsoon) could worsen flooding.'
Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.
G P Sharma, President (Meteorology) of the Skymet Weather said the Long Period Average of the rainfall during June to September will be 103 per cent with an error margin of plus or minus 5 per cent.
https://www.rediff.com/business/report/quality-control-orders-what-does-this-mean-for-domestic-industry/20240425.htm
Mixed views were expressed by top economists on the Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to hold the repo rate at 5.5% and maintain a neutral stance. While some say the decision was as expected and one more rate reduction is expected this fiscal, there is also a view that rate cut by MPC was warranted given the evolving global situation.
The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.
Monsoon is likely to be 96 per cent of the long period average
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Kerala has been receiving rainfall since Saturday and 10 out of the 14 weather monitoring stations in the state have received more than 2.5 mm rains.
'Hopefully, things will improve and give us more variables which we can control and accordingly take the decision.'
Manufacturers of passenger vehicles (PVs) in the first half of the calendar year (2025) reported a modest 0.5 per cent year-on-year increase in wholesale dispatches, while retail sales grew 2.5 per cent for the same period, reflecting a calibrated approach by automakers amid elevated dealership inventories and cautious consumer sentiment. According to the Society of Indian Automobile Manufacturers (Siam), dispatches rose marginally to 2.16 million units, up from 2.15 million units a year earlier.
India's GDP is likely to grow at 6.5 to 7 per cent in the current fiscal year amid global challenges which may impact exports, said Economic Survey 2023-24 tabled in Parliament on Monday. The growth projected for 2024-25 is lower than the economic growth rate of 8.2 per cent estimated for the previous financial year. The Reserve Bank has projected the GDP growth for the fiscal year ending March 2025 at 7.2 per cent.
Pulses are most vulnerable to pests and diseases if the monsoon remains patchy for the rest of the season.
India's annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to US threats of additional tariffs or penalties on Indian exports, analysts said. India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western sanctions on Moscow after its invasion of Ukraine in February 2022.
The IMD said that rainfall over India in August and September would be around 106 percent of the long-period average of 422.8 mm.
Recipes to reach out to, when it rains and you want to bite into something deep-fried or baked...
The Centre has issued an advisory to states to speed up the preventive vaccination process.
It also said the cheetahs will be allowed to move out of KNP and will not necessarily be "recaptured unless they venture into areas where they are in significant danger".
'All El Ninos are not associated with the deficient monsoon.'
Ten to 20 days of heatwave are expected against the normal of four to eight days in the entire April-June period.
These five asanas are easy to perform and require minimal space, making them ideal for indoor practice.
In addition to that, 68 people still remain missing, with 100 more sustaining injuries in the disaster.
India recorded around 16 per cent more rainfall than normal in August, with rainfall over Northwest India recorded at 253.9 mm, the second highest in August since 2001, the India Meteorological Department (IMD) said on Saturday.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
Monsoon has missed its date this year with granary states of Punjab and Haryana.
'...whether he is a top player or not, it doesn't matter.' 'If I go by a player's name I won't be able to bowl at my best.' 'For me he is just a batter, and my only focus is where I need to land the ball.'
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
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.
South-west monsoon is likely to be below normal this season, government announced on Wednesday raising concerns about its impact on agriculture and economy.
According to the police, 16-17 members of a family from Sayyad Nagar in Pune's Hadapsar area had hired a private bus to visit the scenic spot near Lonavala for a picnic on the rain-soaked day.
This should augur well for the rabi crops as delayed withdrawal will leave enough moisture in the soil for early sowing.
Skymet says the IMD ignored the required criterion of two days of necessary rainfall to declare a proper onset of monsoon, reports Sanjeeb Mukherjee.
As many as 12 flights were diverted at the Delhi airport between 3 pm and 4 pm due to adverse weather conditions, an official said.
The government on Wednesday raised the minimum support price (MSP) for paddy by 5.35 per cent to Rs 2,300 per quintal for the 2024-25 kharif marketing season. The hike in paddy support price comes despite the government sitting on surplus rice stocks, but it is significant ahead of elections in states like Haryana, Maharashtra, Jharkhand, and Delhi.
Fast moving consumer goods (FMCG) companies are expected to see muted topline growth, with uneven spread of the monsoon impacting demand. Rural demand recovery, too, remains elusive in the July-September quarter. Brokerages expect volumes to remain steady in the quarter on a sequential basis.
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.
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.
Royal Challengers Bangalore (RCB), already qualified for the playoffs, will aim to secure a top-two league stage finish when they face Sunrisers Hyderabad (SRH) in their Indian Premier League (IPL) clash in Lucknow.
