-The Economic Times NEW DELHI: The season's rainfall deficit contracted to 2% from 6% in a day on Monday. The weather office has forecast heavy showers in Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Bihar and t parts of east in the next 24 hours. This could speed up planting of i paddy, oilseeds, coarse cereals, cotton, sugarcane and pulses. Monday's rainfall, 14.8 mm, was 74% higher than normal, as monsoon reached new areas...
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Better monsoon to reduce price pressure in pulses: Study
-PTI IMD has forecast better than normal Southwest Monsoon for the year With pulses inflation high at 34%, a better monsoon would reduce price pressure in lentils and in turn food inflation, a latest report has said. Southwest Monsoon rains were lower by 16% as on yesterday. While June could still end with a marginal deficit, if rainfall remains adequate as forecast in July and August, it could provide much-needed support for growth...
More »Kharif sowing slows down further despite monsoon progress
-The Hindu Business Line New Delhi: Sowing of kharif crops slowed down further in the third week of June, despite considerable progress in monsoon rains, with the total area sown falling by almost 24 per cent to 124.94 lakh hectares (lh) compared with 164.10 lh at this time last year. States have reported that till June 24, rice has been sown/transplanted on 19.86 lh (21.86 lh), pulses on 9.66 lh (12.19 lh)...
More »Kharif sowing lags as monsoon makes slow progress -Sayantan Bera
-Livemint.com So far, an area of 8.4 million hectares has been sown, nearly 11% lower when compared with the 9.4 million hectares sown by this time last year New Delhi: A slower-than-normal progress of the south-west monsoon has impacted sowing of rain-fed kharif crops, shows data released by the agriculture ministry on Friday. So far, an area of 8.4 million hectares has been sown, nearly 11% lower when compared to 9.4 million...
More »Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
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