Climate experts explain how El Nino and climate change are intricately linked, with El Nino delaying monsoon onset and climate change intensifying rainfall. This new reality is altering the Indian monsoon's behaviour, leading to short-duration, high-intensity rain spells, especially in western and northwestern regions.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
Morgan Stanley analysts, led by Ridham Desai, predict that the next phase of the Indian market rally will be primarily driven by the April-June quarter (Q1FY27) corporate earnings season and the performance of the monsoon.
Monsoon is the breeding season for fish and shellfish, making them more susceptible to contamination, warns Zamurrud Patel, chief dietitian, Gleneagles Hospital. Instead, include freshly cooked chicken, eggs or pulses in your meals to meet your daily protein requirements.
The Monsoon session of Parliament is expected to begin on July 20 and last for three weeks. Key political developments, including recent election victories and party rebellions, are set to influence the session, alongside the government's redrafting of a significant Constitution amendment bill concerning women's reservation and Lok Sabha seats.
Analysts predict that the US-Iran geopolitical conflict, upcoming quarterly earnings announcements, and fluctuations in crude oil prices will be the primary drivers of investor sentiment in the Indian equity markets.
With the southwest monsoon stalled over southern Maharashtra, India is facing a nationwide rainfall deficit of 41 percent between June 4 and June 18, according to the latest India meteorological department (IMD) data.
Indian benchmark stock indices, Sensex and Nifty, declined for a second consecutive day, primarily due to selling pressure in IT, oil & gas, and select banking shares. Concerns over the US-Iran negotiations and a sluggish monsoon further dampened market sentiment.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
The Indian stock market's trajectory this week will be significantly influenced by crude oil prices, global market trends, and the commencement of the corporate earnings season, with IT major TCS set to announce its June-quarter results on July 9.
The India Meteorological Department (IMD) has forecasted an early onset of the southwest monsoon over Kerala, expected around May 26. This marks the beginning of the crucial rainy season for India.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.
"Rather than worrying, preparation is required. Contingency plans will be made for affected districts and crop changes will be considered wherever necessary"
Prime Minister Narendra Modi lauded young Indian innovators for the country's first privately developed orbital rocket, Skyroot Aerospace's Vikram-1, which made India the third nation with private orbital launch capabilities. While praising the 28-year-old average age of the Skyroot team, Modi made a veiled remark about a "56-year-old young man," widely understood to be a dig at Congress leader Rahul Gandhi, who recently turned 56.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
The Centre has reviewed the monsoon situation, noting a reduced rainfall deficit and ongoing preparedness for the kharif season amidst El Nino concerns. A high-level meeting chaired by the Principal Secretary to the Prime Minister discussed measures across various sectors, emphasising continuous monitoring and coordinated action to mitigate potential impacts on agriculture, water resources, and essential commodities.
India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
BJP sources said the government would introduce a fresh Bill on the issue and has reached out to parties that opposed the earlier legislation.
A poor monsoon could drag overall economic growth and compound the impact of the West Asia conflict on the Indian economy.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
The India Meteorological Department (IMD) has predicted below normal monsoon rains for India this year, citing the potential emergence of El Nino conditions. This could significantly impact the country's agriculture-dependent economy.
A new study reveals that India's annual gross primary productivity (GPP) increased significantly from 1985 to 2014 and is projected to continue rising until 2100, even under high-emissions scenarios. This enhancement is attributed to stronger precipitation and carbon dioxide fertilisation effects, with the Indo-Gangetic Plain, Northeastern India, and the Western Ghats expected to see the largest increases.
The monthly average rainfall over India is expected to be below normal during July, the India Meteorological Department said on Tuesday in its monthly forecast.
A group of prominent Indian citizens, including Arundhati Roy and Naseeruddin Shah, have appealed to protesters on an indefinite hunger strike at Jantar Mantar to end their fast due to health concerns, while fully supporting their demand for Union Education Minister Dharmendra Pradhan's resignation over alleged NEET irregularities.
At Jantar Mantar, where students are protesting the NEET paper 'leak' and demanding the Education Minister's resignation, volunteers have transformed the site into a community kitchen, providing a steady supply of food and refreshments as a powerful expression of solidarity.
'Buy on dips, buy on dips and sell on rise.'
The Indian government has identified 111 districts as 'most vulnerable' to crop damage due to a 43 per cent monsoon deficit, driven by El Nino, which threatens kharif sowing. Agriculture Minister Shivraj Singh Chouhan stated that weak monsoon conditions are expected to persist until July 2, prompting contingency plans and recommendations for alternative, less water-intensive crops.
'I don't see fear becoming a dominant factor for retail investors.'
Delhi Police has registered an FIR against unidentified individuals following violence, stone-pelting, and vandalism of police vehicles during a protest near Regal Cinema in Connaught Place. The incident occurred a day after clashes during the "Sansad Chalo" march injured over 118 police personnel. Security has been heightened across the national capital, and efforts are underway to identify those involved using CCTV footage.
The Congress escalated its campaign against alleged examination irregularities by marching to Prime Minister Narendra Modi's residence, transforming the issue into a direct challenge to his political authority and demanding the resignations of top government officials.
Heavy rainfall has disrupted major pilgrimages in Uttarakhand, including the Kedarnath route and the Kailash-Mansarovar Yatra, prompting the IMD to issue red and orange alerts for extremely heavy rainfall across several districts.
'The real shock is going to be from a deficient monsoon.'
Congress leader Rahul Gandhi has demanded that Prime Minister Narendra Modi apologise to students for alleged police brutality and resign along with Home Minister Amit Shah. Gandhi criticised the government's handling of student protests concerning the education and testing system, highlighting the use of force against demonstrators near Parliament.
Voters who exercise their franchise in favour of a particular political dispensation do not do so unconditionally. Their loyalty is subject to maintaining trust and living up to their expectations. It is subject to allowing the freedoms guaranteed under the Constitution, points out Vice Admiral Biswajit Dasgupta (retd).
A baby Indian Rock Python was safely rescued from the locomotive cabin of the Madgaon-CSMT Janshatabdi Express upon its arrival at CSMT, Mumbai. The incident, occurring during the monsoon season, highlights wildlife seeking shelter and marks the second reptile rescue in the city recently.
Dialogue must be encouraged rather than adoption of hardline stands, violence and use of force, recommends Biswajit Dasgupta.
A new study indicates that India's monsoon season could experience a significant increase in uncompensable heat stress under a 2 degrees Celsius global warming scenario, extending the duration of extreme heat conditions.
'During the hot season (April to June), above-normal minimum temperatures are likely over most parts of the country, except in some regions of Maharashtra and Telangana, where minimum temperatures are expected to be normal to below normal,' IMD said.
Six fishermen are missing off the Visakhapatnam coast after their boat is believed to have capsized due to rough weather. One fisherman was rescued by a cruise ship, and extensive search operations are being conducted by the Indian Coast Guard, Marine Police, and Navy. Andhra Pradesh Chief Minister N Chandrababu Naidu has reviewed the rescue efforts and directed officials to intensify the search.
