Tag: el nino
Clouds over kharif sowing: Met sees below-normal rain in July
New Delhi: India is likely to receive below-normal rainfall in July, the wettest month of the southwest monsoon, with precipitation expected to be less than…
Organised dairy sector may clock 13-15% revenue growth this fiscal: Crisil
Kolkata: India’s organised dairy sector could record a revenue growth of 13-15% this fiscal, the fastest in recent years, as sustained demand for milk and…
Kharif sowing drops 22.7% as weak monsoon delays planting across India
New Delhi: Sowing of kharif crops across India declined to nearly 18.27 million hectares or about 22.73% year-on-year till June 25, as rainfall deficiency crossed…
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics
The recent easing of the West Asia crisis has sharply reduced the biggest near-term upside risk to the RBI‘s inflation outlook, strengthening the case for…
Ample world inventories may soften El Nino food supply shock
A super El Nino is likely to unsettle global weather and threaten food output in the coming months, but near record world inventories, expectations of…
El Nino to hit 9-10 states severely; Chouhan calls for district-level contingency plans for Kharif
New Delhi: Agriculture Minister Shivraj Singh Chouhan on Tuesday directed coordinated meetings with district officials, Agriculture Departments, Krishi Vigyan Kendras (KVKs) and other extension agencies…
Weak monsoon threat looms; food inflation fears rise
New Delhi: Trends show that moderate or stronger El Nino events have often coincided with weak monsoons, said a report by rating agency Care, indicating…
El Nino sets in, clouds kharif outlook
El Nino conditions have set in over the equatorial Pacific Ocean and could strengthen during the southwest monsoon season, the India Meteorological Department (IMD) said…
RBI MPC: India’s Goldilocks moment dims, but the lights are not out
India’s economic sweet spot appears to be getting harder to sustain. For much of the past year, the country enjoyed what economists often describe as…
Record pulses buffer to act as shield against El Nino, says govt official
New Delhi: The government’s record pulses buffer of 43 lakh tonnes will serve as a strategic cushion against any supply disruption or price flare-up triggered…