Although the monsoon is not active, it is not sluggish either he said, adding that the eastern coast, central India and north east are getting fairly good rains. Even Maharashtra and parts of peninsula are having rain.
With sales of cooling products turning out dismal this summer due to unseasonal rains, the stocks of related companies are now off their March highs. Shares of fan and air conditioner makers such as Voltas, Symphony, Orient Electric, Johnson Controls-Hitachi Air Conditioning and Crompton Greaves are down 5-23 per cent since March when the summer season saw a firm onset. In comparison, the BSE Sensex index is up 10 per cent.
Mahindra & Mahindra (M&M) is setting up a greenfield tractor plant in Mohali near Punjab. Fueled by a strong domestic demand, the expansion is the first in a decade by the world's largest tractor maker. In 2012, the company had set up a facility at Zaheerabad in Telangana.
'We should be mindful that the religious minority community in one country is the majority in another (and) so treatment of the minority community in our respective countries will be an important variable in our relationship'
Popular doesn't always mean best. Here's why.
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
This monsoon suggest to our readers your favourite getaways and things you can do there.
This Muri Ghonto recipe has its origins in former East Bengal, present-day Bangladesh.
With the rains pouring down upon us, predictably, we're going to need plenty of additions to our wardrobes this season. Today, we bring you a selection of waterproof bags that will keep your essentials dry, and see you through the monsoon without falling apart.
After missing its deadline, the monsoon is likely to hit the national capital and parts of north India by the end of the week, a private forecasting agency said on Monday.
Many parts of the country have received good rainfall and others, including the capital where the monsoon has not moved in so far, woke up to pre-monsoon showers on Wednesday.
After a steady surge, prices of pulses, except those of urad and masoor to some extent, are showing signs of stabilising amid a revival of monsoon rains over major growing areas of Maharashtra and Karnataka, and on expectations of a rise in imports. Chana prices, which too had moved up in recent months, have dropped by almost 3 per cent since the end of August due to increased liquidation of government stocks, official data shows. Monsoon rains seem to have benefitted the standing soybean crop as well.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
This is the first cyclone in the Bay of Bengal this pre-monsoon 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.
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.
There's no need to put a damper on your inner fashionista this season -- take inspiration from these monsoon trends, as seen on the stars.
Singh said the lumpy skin disease has spread to animals in 14 states of the country and it is "fatal to animals like coronavirus" is to human.
A sudden downpour in Delhi caught citizens off guard and caused heavy waterlogging and traffic jams on Tuesday while Mumbai breathed a sigh of relief as showers stopped a day after heavy rain brought the metropolis to its knees.
The slow progress of the south-west monsoon has led to overall deficiency of rains by 22 per cent over the last fortnight, the meteorological department on Wednesday said.
India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon
We invited readers to send in their interesting monsoon snapshots. Here is the next set of responses -- and you can share yours too!
Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in the January-March quarter (Q4) coupled with sluggish rural growth during the period. Brokerages estimate top-line growth to be in low single digits in the quarter. Also, the late onset of winter had an impact on demand for winter products which range from moisturisers to hot beverages.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
We invited readers to send in their interesting monsoon snapshots. Here is the next set of responses -- and you can share yours too!
We invited readers to send in their interesting monsoon snapshots. Here is the next set of responses -- and you can share yours too!
'Heavy rains are not the primary reason for landslides in Wayanad.' 'There are all sorts of (human) intervention going on in that area.'
'Given the inherent volatility, investors should take at least a three to five-year view.'
Ahead of the Parliament session, the government will hold a meeting with leaders of all parties on Sunday to brief them and hear their views, amid an intense buzz on whether it will have some surprise item up its sleeve during the five-day sitting.
India has roped in almost all the world's major weather forecasters in its effort to accurately forecast monsoon rains in the next four years.
The Supreme Court on Thursday directed the Himachal Pradesh government to release 137 cusecs of surplus water available with it for Delhi, which is grappling with water crisis.
'The terrorists are using better technology to secure their communication.' 'It does appear that excessive reliance on technology led to a weakening of human intelligence.'
A spoked copper wheel of the Kushana era, an arrowhead of Rajput period and coins dating from the Mughal reign are among a range of ancient artefacts unearthed in the latest excavation currently underway at the Purana Qila site in Delhi, a top official of the Archaeological Survey of India said on Tuesday.
We invited readers to send in their interesting monsoon snapshots. Here is the first set of responses -- and you can share yours too!
Passenger vehicle sales in India kicked off on a flat note in new fiscal 2024-25 with 3.38 lakh units sold in April, impacted by high base effect and muted demand due to the ongoing general elections. Dispatches of passenger vehicles from manufacturers to dealers were at 338,341 units in April 2024 as compared to 332,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal growth in their domestic wholesales.
We invited readers to send in their interesting monsoon snapshots. Here is the next set of responses -- and you can share yours too!
'If we don't control the additional pollutants that come from various human activities then, the pollution level will not come down.'
The exercise, Agriculture Minister Radha Mohan Singh said, will help ease any possible impact of sub-par rainfall on farmers.
As many as 48 persons were injured in these incidents and 25 still missing, while so far, 2,29,074 persons have been evacuated from the flood and rain-affected affected areas and moved to safer places, the government said in a statement in Mumbai.
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
