Moderate to heavy showers will continue over Mumbai for next 48 hours.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
Thunderstorms and dust storms are 'very likely' on Tuesday too, the weather office warned.
The method is based on a network analysis of regional weather data.
Gujarat on Friday heaved a sigh of relief as the severe cyclonic storm 'Nilofar' further weakened and will have no major impact except moderate rains along with windy weather in some coastal areas of the state.
Overseas investors buoyed by recent rate cut by RBI and hopes of a good monsoon
Bihar government has sounded alert in 28 flood-prone districts following a warning issued by Indian Meteorological Department in the wake of Cyclone Phailin that pounded Odisha and Andhra Pradesh.
The 'eye' or centre of the cyclone is estimated to be 15 km in spread so it will take nearly an hour to cross the coast completely, officials said adding that the impact of the storm will be maximum for the next six hours
'What's being predicted for Mumbai is not so different from what Kolkata experienced.' 'People should definitely be alert and aware and follow the advice of the disaster managers.'
Cyclonic storm Ashobaa is expected to intensify further into a severe cyclonic storm and then move northwestwards during next 24 hours.
An alert of "very heavy" rainfall in Mumbai has been issued by the Indian Meteorological Department's regional centre on Tuesday, with the rains expected to intensify in the next 24 hours.
At least 42 persons were killed and over 80 seriously injured when a tropical storm ravaged 12 districts of Bihar on Tuesday night, Chief Minister Nitish Kumar said on Wednesday.
More than 1,600 people died due to extreme weather conditions across the country last year, with severe heat wave claiming the largest chunk of the total deaths at 40 per cent, followed by flooding and lightning.
There is little possibility of shifting the venue of the India-West Indies third ODI from Visakhapatnam despite the cyclone Hudhud threat and the hosts Andhra Cricket Association hopes the match would be conducted smoothly on October 14, the Board of Control for Cricket in India on Saturday.
The flood situation in Bihar is showing signs of improvement after the swollen rivers started receding on Friday. For nearly a week major rivers like Ganga had wreaked havoc in the state.
Timely onset of south-west monsoon is crucial for kharif (summer) crops.
El Nino, which refers to warmer-than-average sea surface temperatures in the central and eastern tropical Pacific Ocean, will likely to keep CPI inflation up at 8-10 per cent in the second half of 2014 and will pose a 50-70 basis point risk to this fiscal's growth expectation, the report by financial services major Bank of America Merrill Lynch said.
The country witnessed the rainiest day of this winter with almost all parts receiving showers, the weatherman said, attributing it to a series of weather conditions.
Poor rain threatens recovery in production this season, sugar prices at three-month high
'How much rain fell on June 16 and 17 is NOT known because the area of Kedarnath is not covered by the Indian Meteorological Department,' M Shashidhar Reddy, vice chairman of the National Disaster Management Authority tells Sheela Bhatt. Because of this, the NDMA will not know "what exactly happened over there, in and around the Kedarnath temple."
Cyclonic storm Hudhud will turn take a 'very severe' turn in the next 12 hours, bringing with itself very heavy rainfall and gusty winds as it inches closer to the coast, the MeT department has said.
The IMD said that there has been an increase in the rainfall activity in Kerala and monsoon could hit the state anytime now.
Chennai on Wednesday turned a virtual island after unprecedented rains in 100 years pounded the city, shutting the airport and rendering thousands homeless.
Prices of perishable items could spike in the near term.
In Gujarat, of the 12.5 million hectare of area under cultivation, while six million is dependent on rainfall, two million is covered by groundwater, a bulk of which is said to be in north Gujarat. Scanty rainfall in the last one and half years has not only depleted groundwater level but also affected dams.
Chief Minister Pinarayi Vijayan, who undertook an aerial survey of rain ravaged areas of Idukki and Wayanad, said Kerala was in the midst of an unprecedented flood havoc and the calamity has caused "immeasurable misery and devastation."
While the RBI, in the recent past, appeared keen to move to an inflation-targeting framework, industry and academia remain divided on this issue.
As cyclone Hudhud weakened and moved to Chhattisgarh, Odisha government on Monday braced for relief and rehabilitation in the affected southern districts where its damaged houses and uprooted trees even as heavy rainfall was expected to lash these areas.
Congress on Monday appeared to claim credit for effective handling of cyclone 'Phailin', saying all steps are being taken under its rule to make the country "disaster-resilient" which was evident from the Indian Meteorological Department's accurate prediction and "record" evacuation of over one million people in Odisha and Andhra Pradesh.
Heavy rainfall in the upper end of Hati river has affected hydro power generation at Indravati power station.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
55% of cultivable land still doesn't come under irrigation.
With mercury level soaring, Kerala is likely to face drought-like situation amid fears of drinking water scarcity and power crisis in the poll-bound state as water bodies are fast drying up.
Heavy rainfall and high speed wind has badly affected normal life in Bihar in last 24 hours because of cyclonic storm Phailin impact of cyclonic storm. "More heavy rains are expected in Bihar in next 24 hours," a met department official said.
Floods in West Bengal have claimed over 40, with water levels rising arlamingly in East Midnapore, North and South 24 Parganas, Hooghly, Howrah, Birbhum and Burdwan districts.
'The last time we had such a late withdrawal of monsoon was in 1960 or so.'
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
The death toll in the two high intensity quakes that rattled Bihar on Tuesday rose to 19 on Wednesday, with two more deaths reported from Vaishali and Siwan districts.
The Odisha government is preparing for Cyclone Phailin -- which is expected to hit the east coast on Saturday evening -- on a war footing.
'The worst affected is the electricity supply. A huge number of poles, some 6,000 to 8,000 poles have been damaged completely. That will take a lot of time for restoration.'