Voting for the second phase of Lok Sabha polls will be held on Friday for 88 seats in 13 states with Congress leader Rahul Gandhi seeking a second-straight term from Wayanad in Kerala.
The mercury soared to 46.2 degrees Celsius at Najafgarh, making it the hottest place in the capital.
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
Several firms are stepping up to help their workforce cope with soaring temperatures
The deadly landslides in Kerala's ecologically fragile Wayanad district were triggered by a heavy burst of rainfall, made 10 per cent heavier by climate change, according to a new rapid attribution study by a global team of scientists.
A once in a century heatwave created havoc at the Australian Open in Melbourne on Wednesday, forcing tournament organisers to cancel matches and invoke the extreme heat policy to protect the health of the players. The tournament match referee Wayne McKewen ordered the roof on the Rod Laver centre court shut and all matches were suspended on the outside courts as the temperature soared to a stifling 43 degrees Celsius.
Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent, from 7 per cent projected in March, saying elevated consumer confidence will drive spending, besides increased investments. In June update to its global economic outlook report, Fitch said it expects inflation to decline to 4.5 per cent by end of this year and RBI to cut policy interest rates by 25 basis points to 6.25 per cent.
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.
Heavy rain in the first week of July compensated for the shortfall but caused flooding in many northeastern states.
The most important thing you can do to protect yourself is to stay hydrated, advises Dr Akshay Dhamne.
Passenger vehicle wholesales saw a marginal growth of 4 per cent in June on account of high base effect and muted demand due to severe heatwave conditions in several parts of the country. Overall passenger vehicle dispatches last month stood at 340,784 units, a growth of 3.67 per cent compared with 328,710 units in June 2023.
Union Home Minister Amit Shah on Wednesday said the Centre had sent multiple advance warnings to the Kerala government about possible floods and landslides in the state, starting as early as July 23, and nine National Disaster Response Force (NDRF) teams were rushed to the state the same day.
'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'
Notwithstanding the sweltering heat engulfing major cities, travellers can find solace in the steady airfares to popular summer destinations like Srinagar, Bagdogra, and Kochi. According to airline executives, capacity increases and moderate demand have kept spot airfares from scorching cities like Delhi on a par with the same period last year.
The southwest monsoon over the country is likely to be normal in July, the India Meteorological Department (IMD) said on Thursday in its forecast for the month.
Delhi's peak power demand reached an all-time high of 8,302 MW on Wednesday afternoon as the city logged its highest-ever temperature of 52.3 degrees Celsius at the Mungeshpur weather station.
The independent group of scientists and communicators previously said that winters are quickly transitioning into summer-like conditions in north India, shortening the spring season.
Heatwaves with higher humidity levels can be more perilous because the air cannot efficiently absorb excess moisture. This limitation restricts the human body's ability to evaporate sweat and affects the moisture content of certain infrastructure like evaporative coolers.
India is set to experience extreme heat during the April to June period, with the central and western peninsular parts expected to face the worst impact, the IMD said on Monday as the country prepares for seven-phase general elections from April 19.
Power distribution company officials said several areas, largely in central and east Delhi, were affected due to the failure. Some areas in north Delhi also faced outages.
Four times more liquor has been seized in the 2024 election than during the 2019 polls.
Athletes and climate experts have expressed concerns that extreme heat could lead to severe health issues, including the risk of sportspeople collapsing or, in the worst-case scenarios, dying during the events.
The national capital, parts of which reeled under heatwave conditions for the past few days, had some relief on Wednesday with strong winds and partly cloudy skies witnessed during the day.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
A delicious Mangalorean dish that is served with steamed rice or neer dosas.
Retail inflation declined to a five-month low of 4.85 per cent in March mainly due to cooling food prices, inching towards the Reserve Bank's target of 4 per cent, according to official data released on Friday. The Consumer Price Index (CPI) based retail inflation was 5.09 per cent in February and 5.66 per cent in March 2023. Previously, CPI-based inflation was the lowest at 4.87 per cent in October 2023.
Among the keenly watched contests are those involving former Uttar Pradesh chief minister Akhilesh Yadav (Kannauj, UP) and Union ministers Giriraj Singh (Begusarai, Bihar), Nityanand Rai (Ujiarpur, Bihar) and Raosaheb Danve (Jalna, Maharashtra).
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.
'The Indian private sector knows how to build and run educational organisations, what is needed is a large dose of removal of restrictions.' 'Government restrictions hold back universities in India from launching medical schools,' argue Ajay Shah and Vijay Kelkar.
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
A voter turnout of 10.82 per cent was recorded till 9 am on Saturday in 58 constituencies in six states and two Union territories where polling is underway in the sixth phase of the Lok Sabha elections.
With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and stocks to meet the anticipated consumer demand. The makers are launching new products keeping in mind the evolving consumer preferences and also investing substantially on promotions and expansion of the channels this season, company executives of beverage and ice cream makers said. Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is "optimistic" that its portfolio of brands will continue to delight consumers during the period.
Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.
"We are expecting that the temperature will be higher than normal in the entire northwest India and the adjoining central India, starting with Gujarat, Rajasthan and up to east Madhya Pradesh and Chhattisgarh," he said at a virtual event on 'Building Climate Resilience for the Most Heat Vulnerable'.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Intense heat swept through east India and parts of the southern peninsular region on Thursday, testing power grids and prompting the Kerala government to order closure of educational institutions till May 6.
Other prominent candidates among the 904 in the fray are Union minister Anurag Thakur, West Bengal Chief Minister Mamata Banerjee's nephew Abhishek Banerjee, RJD supremo Lalu Prasad's daughter Misa Bharti.
Please promise, especially those millions who trust you with their hard-earned money, never to let your voting preferences determine your actions on the markets. The most appalling and scary phenomenon was fund houses and brokerages going out on election yatras and writing copious reports promising more than 300 for the BJP. That was your wish as voters. Your investors are paying for it now, points out Shekhar Gupta.
'Because of global warming, the chances of heatwaves like this are much higher.'
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