Sowing of winter rice and oilseeds has started along with the progress of the monsoon over India's southern and northeastern regions, the agriculture ministry said on Thursday.\n\n\n\n
Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.
The El Nino risks for this year is rising in India and it could result in sub-par rains, says a report.
After making steady progress over the last fortnight, the southwest monsoon is expected to stall over the next few days because of unfavourable conditions. The slowdown is only temporary, yet it could heighten the concerns over the smooth progress of the rain-bringing phenomenon upcountry.
The finance ministry will kick-start the exercise to prepare the annual Budget for 2023-24 from October 10, in the backdrop of revival of the Indian economy and fears of recession in developed countries. The budget for the next year will have to address critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 per cent-plus growth path. On Wednesday, finance minister Nirmala Sitharaman said inflation is no longer "red-lettered" and the priority for the government now is job creation and boosting growth.
The repo rate could be reduced by 50 bps in the current year.
At least 33 people have been killed in flash floods in Bihar till Tuesday evening and 25.71 lakh people are affected in 16 districts of the state.
With the monsoon set to start in the country this week, the Meteorological Department has placed the odds of El Nino -- which can affect wind patterns and trigger both floods and sharply reduced rains -- at 60 per cent.
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'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
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We invited you to send in unique rain-themed photographs -- odd scenes that are captured on a lens for posterity -- to share with other readers. Here are some more responses!
'Due to severe rains and heavy cross winds, arrivals at #AAI Chennai Airport will remain suspended from 1315 hrs to 1800 hrs, today. Departures will continue. The decision has been taken considering the safety aspect of passengers and severity of wind,' the Chennai Airport tweeted.
NCDEX benchmark index up 10% over a month, as expectations on sowing gather pace
We invited readers to send in their interesting monsoon snapshots. Here are some more responses -- and you can share yours too!
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The government is expecting a better soyabean and groundnut production on account of well-distributed monsoon rains and good prices.
The transmission of dengue is closely associated with three key factors -- rainfall, humidity and temperature -- that dictate the geographies in which it spreads and the transmission rate of the viral infection caused by the dengue virus (DENV), and transmitted to humans through the bite of infected mosquitoes.
In view of the safety of the passengers, the district administration stopped the passengers at Sonprayag and Gaurikund due to continuous bad weather.
Prime Minister Narendra Modi spoke to Chief Minister Sarbananda Sonowal over phone and discussed about the prevailing condition on Monday.
Tamil Nadu continued to experience monsoon fury, with heavy rains pounding various parts of the state under the influence of a well marked low pressure area over Bay of Bengal, as the death toll from rain-related incidents climbed to 59.
RJ Malishka has a message for the BMC! Who's listening?
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As the growth figures relate to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector, when acute supply disruption led to sharp drop in prices of many commodities largely perishables impacting farmers.
"It is our aim that in the near future streets of Mumbai witnesses minimum or zero flooding during the rains," said Aseem Gupta, additional commissioner for BMC.
'Limited spillovers' to Asia's third-largest economy, even as world 'perilously close' to recession.
Very light rains and thundershowers occurred at isolated places in Uttar Pradesh though, and a fresh warning of heavy showers was issued in Himachal Pradesh as the India Meteorological Department (IMD) said heavy to very heavy rainfall is likely in several parts of the country, including the northern region, over the next six-seven days.
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.
Pack your bags. Umbrellas and raincoats optional.
The country also reported 1,750 deaths due to extreme weather events such as floods, cyclonic storms, heavy rain, landslides, lightning, among others, during the year, it said.
'Urbanisation results in heavy rainfall events.'
A quick checklist for you for this season.
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.
The duo used their mobile phone to establish contact for their rescue, following which an NDRF team was roped in.
The IMD came out with a dismaying prediction.
According to experts, slopes in Himachal have become highly vulnerable to landslides due to cutting of rocks at the foothills and the lack of proper drainage system, and high intensity rainfall is making the things worse for the state.
Around six lakh people have been housed in over 2000 relief camps in the two states.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
India, hit by a devastating drought last year that hurt economic growth, is expected to experience a below normal monsoon this year.
