2023-08-02 12:34:51 The last-mile fight against inflation is getting tougher. While concerns over the monsoon seem to dispel, food inflation might yet remain high. The RBI has recently said that the fight is far from over and monetary policy has to stay the course to align inflation with the target in this last leg of … Read more
2023-06-28 02:30:00 Urea sales have dropped three per cent to 3.12 million tonnes (mt) during April-May against 3.23 mt year-ago even as there was 16 per cent increase in domestic production and 37 per cent rise in import. However, as the monsoon has already covered nearly all the states except a few districts in Rajasthan, … Read more
2023-06-25 04:06:23 Online Travel Agencies (OTAs) in India have experienced a significant boost in bookings during the monsoon season, with a surge of up to 15 to 20 per cent year on year. This surge can be attributed to budget-conscious travellers, including millennials, Gen Z, young couples, and solo adventurers, who take advantage of the … Read more
2023-06-24 09:15:10 Authorities the world over have been tormented by the forecast of El Nino, a climate phenomenon that can quite easily undo the heavy lifting done by policymakers since the turn of the Covid-19 pandemic. Within Asia, India remains the most vulnerable, along with the Philippines, a Nomura report said. The rating agency has … Read more
2023-06-19 00:43:32 The slow progress of the monsoon has delayed sowing of key kharif crops such as paddy, oilseeds and pulses. Rains arrived late in Kerala and the country as a whole has received deficient rainfall so far, triggering concerns that El Nino would suppress precipitation. “There is a lag of 10-12 days in sowing … Read more
2023-06-13 04:32:14 Private forecasting agency, Skymet Weather, has predicted a bleak monsoon in India over the next four weeks, raising concerns about the impact on agriculture. “Extended Range Prediction System (ERPS) is projecting a dismal outlook for the next four weeks, until July 6. The agricultural heartland is looking rather cracked and parched. This coincides … Read more
2023-06-07 06:50:02 The South-West monsoon may break over the Kerala coast in the next two days after India Meteorological Department (IMD) assessed conditions as turning favourable. The westerly winds are persistent and have risen to the required heights in the atmosphere. Cloudiness is enhanced over the South-East Arabian Sea and Lakshadweep as well as along … Read more
2023-06-01 04:41:43 Delhi recorded its coolest May in 36 years with excess rainfall bringing the average maximum temperature down to 36.8 degrees Celsius this time, the India Meteorological Department (IMD) said on Wednesday. Kuldeep Srivastava, the head of the regional forecasting centre of IMD, said Delhi had recorded an average maximum temperature of 36 degrees … Read more