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IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera

-Livemint.com rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...

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Unseasonal rains: Little impact on rabi output, say officials

-The Financial Express The recent spell of unseasonable rains and hailstorms in a clutch of northern states haven’t had any major adverse impact on the rabi crop being harvested, officials claimed, based on field reports. The agriculture ministry has been expecting all-time high foodgrain production of 277.5 million tonnes in 2017-18 crop year (July-June) on good distribution of monsoon rainfall last year, even though pan-India rains were just 95% of the...

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Heavy rain lashes Punjab, no crop loss reported -Anju Agnihotri Chaba

-The Indian Express According to the Met department, Punjab may receive heavy showers coupled with strong winds till April 11. Experts have advised farmers to construct trenches and dig up some earth on the sides of the field in case there is rain. Jalandhar: Even as Punjab received mild to heavy rainfall coupled with hailstorm and cyclonic winds last night and wee hours Monday, however, no loss of ready-to-harvest wheat crop was...

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Monsoon forecast lifts up mood: As agri shines, will it rain returns for these stocks?

-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...

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10% drop in farm suicides, 11,000 cases in 2016: Govt -Vishwa Mohan

-The Times of India NEW DELHI: Farmer suicides declined by nearly 10% in 2016 as compared to a year earlier, though the rate at which farmers took their lives continued to be at least one every hour. Maharashtra continues to be at the top in recording the highest number of farmer suicides in India. Provisional figures for the year 2016, disclosed by agriculture ministry in Lok Sabha on Tuesday, show that the...

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