TAG: monsoon
Uneven rainfall, low reservoir levels keep rice sowing 25% lower, pulses acreage dips slightly
Crop acreage as of August 2 was higher than the previous year, but analysis shows that a late pick-up to the monsoon has kept the overall sowing area in the kharif season 25 percent below normal (2018-23), according to data from the agriculture ministry.D...
2 months ago
MC Daily Monsoon Tracker: Rain surplus continues to rises, over 7% now
India’s rainfall surplus widened to 7 percent to its highest since start of the monsoon season but a fourth of the states remain deficient, reflecting the uneven spread of the rains.Rainfall has remained above average for over a fortnight, with central an...
2 months ago
Rice stocks with government are at record levels; it’s time to allow exports
So far, the monsoon gods have been kind. The deficiency of rains in some parts of India in June has been wiped out by good rains in July and August. Most of India has received good rains in the first ten days of August.If good rainfall continues in the re...
2 months ago
Moneycontrol Pro Panorama | Many hopes riding on the monsoon
Dear Reader,One of the weak links in India’s consumption story has been rural consumption, primarily due to income stress. Rural demand has been under the weather as a result. Even in the current quarter, consumer companies have pointed to signs of a reco...
2 months ago
MC Daily Monsoon Tracker: Kharif sowing just 1.4% higher, despite surplus rainfall
Kharif sowing remained just 1.4 percent higher at 98 million hectares, despite surplus rainfall for three weeks in a row, according to data released by the agriculture ministry as of August 12.Paddy sowing was up 4.3 percent at 33.2 million hectares, wher...
2 months ago
MC Daily Monsoon Tracker: Rainfall surplus level declines, Punjab, Manipur remain most deficient
Surplus rainfall level declined to 5.48 percent on August 13 from 7.12 percent a week ago, but Northern Indian states continued to reel under deficit rain, according to data released by the India Meteorological Department.In the northwest, four states and...
2 months ago
Reservoir levels to help keep food inflation in check: FinMin's July economic review report
The improvement in reservoir levels in the country, owing to health progress of monsoon is likely to help curb food inflation in coming months, the finance ministry said in its July economic review on August 22.The report noted that improving reservoir le...
1 month ago
MC Daily Monsoon Tracker: Water level of reservoirs steady, 12% above normal
Water levels of the country’s main reservoir were 12 percent above normal on August 22, with rainfall above 3 percent of long-period average for three consecutive weeks, data released by the Central Water Commission and the India Meteorological Department...
1 month ago
Slowdown in Q1 GDP due to elections, fall in govt capex: CEA Nageswaran
The slowdown in India's gross domestic product in the first quarter of the current fiscal year has been owing to the general elections and a fall in the government capital expenditure during the period, Chief Economic Advisor V Anantha Nageswaran said.“Sl...
1 month ago
MC Daily Monsoon Tracker: Rainfall surplus falls below 7.5% for the first time in 10 days
The level of surplus rainfall in India shrank below 7.5 percent for the first time in 10 days, as states in northern and eastern parts of the country witnessed a widening deficit.Although the number of states experiencing deficient rainfall conditions wit...
3 weeks ago
MC Daily Monsoon Tracker: Reservoir levels remain at 13% above normal as India stays rainfall surplus
India’s reservoir levels stayed 13 percent above the 10-year average, as the country continued to receive surplus rainfall, according to data released by Central Water Commission and India Meteorological Department.The reservoir level declined to 13 perce...
2 weeks ago
Moneycontrol Pro Panorama | After harsh monsoon, hopes turn to festive season
Dear Reader,The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep tr...
2 weeks ago