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In the fourth quarter of the last financial year, the Indian economy grew at a healthy pace, despite widespread disruptions to energy markets and global trade in March due to the West Asia conflict. In the months thereafter, even as the conflict dragged on, so
While June recorded a 40 per cent rainfall deficit, the India Meteorological Department (IMD) on Tuesday said rainfall in the month of July was also expected to be below normal, less than 94 per cent of the long period average. The IMD had predicted 92 per cen
The El Ni o weather phenomenon developing over the Pacific could become the strongest in living memory, with the United Kingdom Met Office warning that its impact, combined with human-driven climate change, is likely to make 2027 the hottest year ever recorded
Retail inflation has continued to edge upwards, according to the latest data, driven, in part, by the food, transportation and restaurant segments. CPI inflation stood at 4.38 per cent in June, up from 3.93 per cent the month before
India s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push up oil prices and a developing El Ni o raising the risk of higher food costs
Between July 1 and 7, the India Meteorological Department s (IMD) Colaba observatory recorded 791 mm of rainfall, surpassing its entire July climatological average of 768.5 mm. Meanwhile, the weather bureau s Santacruz observatory recorded 879 mm of rainfall a
The southwest monsoon was 39.8 per cent below normal in June, with the all-India average rainfall of 99.5 mm the fifth lowest recorded for that month after 2014, 2009, 1926 and 1905. This month, which coincides with the peak plantings of the kharif crop, has b
In the wake of concerns that a weak monsoon could result in diminished water availability for power generation and agriculture, Karnataka Chief Minister D K Shivakumar on Friday asked the Energy Department to ensure availability of coal supplies for thermal po
Moderate rainfall lashed Mumbai on Sunday morning, bringing respite to a city that had remained parched throughout May despite alerts about thunderstorms and occasional drizzles. While the city s first pre-monsoon spell spurred the total rain recorded this mon...