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Rains have been 5% below normal so far, but Met department sticks to its forecast
The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
More than half of India's farms lack irrigation and millions of farmers still depend on the vagaries of the monsoon rains
In the Northeast, while three people died in Assam, two each lost their lives in Arunachal Pradesh and Mizoram in rain-related incidents.
Data spanning the years 1951 to 2014 show that temperature and pressure conditions at specific locations in the Arctic region during the pre-monsoon period correlate with the Indian summer monsoon rainfall, points out Charu Bahri.
The protests, which erupted after the Supreme Court refused to interfere with orders of the Cauvery Water Management Authority and the Cauvery Water Regulation Committee directing the state to release 5,000 cusecs of water to neighbouring Tamil Nadu, have intensified.
Eight people were killed and five injured in rain-related incidents across Maharashtra where several parts were lashed by heavy rains on Friday.
As many as 2,000 tourists stranded in Kasol area of Kullu district owing to incessant rainfall have been evacuated safely, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said on Wednesday.
India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.
A total of 435 people died in the country due to extreme weather events during the last three months of the southwest monsoon, according to the data compiled by the India meteorological department.
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.
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Flight operations at Mumbai airport were put on hold after heavy rain brought down visibility below the required limit.
Many low-lying areas in West Bengal's sub-Himalayan region were reeling from a flood-like situation while major rivers in Bihar were flowing above the danger level at several places as unabated heavy rain lashed the country's eastern parts on Sunday.
Delhiites woke up to the sound of thunder and lightning this morning and, according to the weather department, the city recorded 117.9 mm rainfall from 5:30 AM to 2.30 PM.
Five people died in rain-related incidents in Delhi Friday as Monsoon arrived with a fury early in the morning, lashing the city with its highest rainfall in a single day of June in 88 years which brought it to a standstill with streets flooded, traffic in chaos and some commuters stranded on roads.
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Skymet is the first major Indian weather forecasting agency to have issued a monsoon forecast for 2016.
Skymet lowered its full season monsoon forecast to 'below normal' from 'normal', while the IMD is sticking to its earlier forecast that rains in June to September of 2018 would be 'normal' at 97 per cent of the LPA with a model error of +/-5 per cent.
The Q2FY25 revenue for Coal India (CIL) was reported at Rs 30,700 crore (down 6 per cent year-on-year or Y-o-Y and 16 per cent sequentially). The blended average selling price was Rs 1,622/tonne (down 6 per cent Y-o-Y and 3 per cent quarter-on-quarter or Q-o-Q). Adjusted operating profit stood at Rs 7,200 crore (down 20 per cent Y-o-Y and 38 per cent Q-o-Q) due to lower-than-expected e-auction volumes and higher costs.
heavy showers were likely to continue for next 48 hours, according to the India Meteorological Department.
According to the police, 16-17 members of a family from Sayyad Nagar in Pune's Hadapsar area had hired a private bus to visit the scenic spot near Lonavala for a picnic on the rain-soaked day.
Petrol and diesel sales in India jumped in September as economic activity picked up with the nearing festival season and the ending of the monsoon raised the demand, preliminary industry data showed. Petrol sales soared 13.2 per cent to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in the same month last year. Sales were 20.7 per cent higher than Covid-marred September 2020 and 23.3 per cent more than pre-pandemic September 2019.
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Over 40 people are still missing after a series of cloudbursts occurred in Kullu's Nirmand, Sainj and Malana, Mandi's Padhar and Shimla's Rampur subdivision on the night of July 31 and wreaked havoc.
This year, the monsoon was above normal in almost all parts, except in North-West India, which comprises the major grain producing states of Uttar Pradesh, Punjab, Haryana, Rajasthan, along with states such as Himachal Pradesh, the NCR, Uttarakhand, and J&K.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
By June 14, the monsoon should have reached central India. But this year it hasn't even covered Karnataka properly or entered the Northeast.
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Hemantkumar Shivsharan captured these cute moments in Mumbai.
Mumbai has seen 30 mm rain during the last 24 hours, Skymet's weather team has reported.
According to the state government, 60,000 tourists have so far been evacuated from the hill state.
Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.
The Manali-Leh National Highway-3 was blocked after heavy rainfall triggered landslide in Himachal Pradesh's Kullu district on Friday.
