Nineteen people have been killed in rain-related incidents in Uttar Pradesh in the past 24 hours, the state relief commissioner's office said Monday evening.
Mangoes are likely to be expensive this year as the country's overall production is estimated to come down by upto 20 per cent because of crop damage in some states due to last month's unseasonal rains, industry body Assocham said.
Subsequently, Nivar weakened into a cyclonic storm and further into a deep depression, centered about 50 km west-southwest of Tirupati at 1430 hrs, the India Meteorological Department (IMD) officials said. According to IMD, it is to weaken into a depression during the next six hours.
Moody's Investors Service has warned that India, along with the Philippines, Thailand, and Vietnam are highly vulnerable to volatile food and energy prices in the Asia-Pacific region as the Russia-Ukraine conflict continues to disrupt supplies and raise the cost of agricultural products, especially cereals and vegetable oils, as well as fertilizers and other agricultural inputs. This is so because these countries have a higher weighting of energy and food prices in their consumer price index (CPI) baskets, Moody's said in its report released on Tuesday. The weighting of energy and food in overall Indian CPI stands at over 55 per cent.
Tracing the remaining persons was proving a daunting task as the river remained in spate with over two lakh cusecs of floodwater gushing, sources said.
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.
In the past month, wheat prices have increased 6.3% as production is expected to be 1.5% lower, in terms of crop acreage, than the earlier estimate
'Family, friends, far off relatives, almost everyone has been impacted by nature's fury.'
With four more deaths, the toll in Bihar floods on Saturday increased to 153, while 12 more panchayat areas were inundated affecting a total population of 34.69 lakh in twelve districts.
Assembly elections in Maharashtra are scheduled later this month. The farmer protests are likely to affect the results, especially in the onion-growing belt of Nashik.
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
In UP, potato prices have moved marginally up so far this month.
Generally, a district collector declares crops in his area as being affected due to a catastrophe, which automatically triggers favourable treatment of bank loans, under which the affected dud loans are not treated as bad loans, Rajan said.
Chennai is one of the cities where works have been completed for almost 62 per cent of the money lined up -- Rs 599 crore of the Rs 959 crore has been utilised so far. Despite this, there was no respite for the people in the city this time either, with North Chennai being the worst affected.
As many as 38 flights, including 23 domestic and nine international, were diverted from the Delhi airport to nearby cities between 6-8.45 pm.
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
Several experts are of the view that inflationary pressure, including that in food items, may build from October with economic activity gathering steam. However, the price movement in three key items of tomato, onions and potatoes, commonly known as TOP, may give some solace in the months to come. Traders and market watchers said the price movement in all the three will remain within the band sans any unusual spikes.
'They attack standing crops and vegetables.' 'They don't attack people.' 'People are just panicking.'
An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).
As media phenomenon, Arikomban is in a different league. Efforts to capture the elephant were telecast live. Local three-wheeler drivers started a fans association for the pachyderm. A film has now been announced based on Arikomban's life.
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.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
Chief Economic Adviser Arvind Subramanian on Thursday said upgrading of India's outlook to positive by Moody's validates the government's reform thrust.
Nationalist Congress Party chief Sharad Pawar on Monday said Maharashtra was facing a "historic economic crisis" and the state government has no option but to take a loan to help the flood-affected people in the state.
The government will announce minimum support prices for kharif.
The swarms are travelling farther and damaging trees as there are no standing crops for them to feed on, an official said.
The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.
Incessant showers caused landslides and floods in various parts of the country leaving at least 17 people dead on Wednesday while thousands more were forced to move to safety as rivers swelled and water reservoirs filled up fast.
As many as 79 people have lost their lives in incidents related to cyclone Tauktae in different parts of Gujarat, officials said on Thursday as the authorities carried out restoration work in affected areas and launched damage assessment exercise.
It has already cut the rate three times this year to loosen credit and boost slowing growth in Asia's third-largest economy.
According to the Karnataka State Natural Disaster Monitoring Centre, there would be heavy rain for the next 24 hours in coastal areas, in the northern and in the interior parts of the south.
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.
Trend could continue on downward revision in winter harvests.
Schools closed for a day, crops damaged; more downpour on cards
Just one year after taking office, Prime Minister Narendra Modi is facing a challenge that could come to haunt him.
Many parts of Cachar district's severely affected Silchar town are still waterlogged.
Thackeray said people should be aware of how religious issues are raked up to distract their attention from core issues.
In Central India, the standing soybean and pulses crops have also been hit but the loss isn't massive as the showers were followed by relatively bright sunshine that helped absorb soil moisture
Among food articles, vegetable prices surged by 69.69 per cent mainly on account of onion, which witnessed 455.83 per cent jump in prices, followed by potato at 44.97 per cent.
Most of the extra spending in the Budget is in fact an accounting entry that shifts the cost of an interest subsidy to the agriculture Budget that was previously borne by the finance ministry
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