-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
More »SEARCH RESULT
Total Matching Records found : 751
Monsoon continues to be weak across most parts -Sanjeeb Mukherjee
-The Business Standard According to the department of agriculture, there were chances of an agriculture drought in about 35 districts across the country The southwest monsoon is continuing its weak run. For the week ended Thursday, it was 25 per cent below normal. This was a consecutive week when rains have been below-normal. A few parts of north India, however, recorded floods due to heavy rain in the Himalayas. According to a real-time assessment...
More »Diesel & wages to push up food inflation -Mayank Mishra
-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...
More »Govt lowers rain forecast but rules out drought
-The Times of India NEW DELHI: The fear of drought has receded further with Indian Meteorological Department (IMD) on Tuesday predicting better rainfall during August-September. Though the Met downgraded the prediction for the overall Monsoon rainfall from "below normal" to "deficient", it ruled out any possibility of drought. The IMD, in its latest forecast, predicted that "the rainfall over the country as a whole is likely to be 87% of the Long...
More »Forecast lifts cloud of drought
-The Telegraph New Delhi: India's weather agency has revised its 2014 monsoon forecast downwards, predicting 13 per cent rainfall deficit instead of 7 per cent forecast earlier this year, cautioning that yields of several crops may decline but dismissing fears of a widespread drought. The India Meteorological Department today said the rainfall during the remaining six weeks of the monsoon season will be much better than over the past two months. But...
More »
