Among the prominent donors is this years Sahitya Akademi award winner, poet Sushilkumar Shinde, who donated his entire prize money of Rs 50,000 in the CM Relief Fund.
The 45-year-old engineer could collect 225 litre of water using this apparatus within just 10 minutes.
The IMD had earlier forecast arrival of monsoon rains over Kerala on June 6.
Researchers found that since 2002 a drying trend has given way to a much wetter pattern, with stronger monsoons supplying much-needed rain, along with powerful, damaging floods, to the populous north central region of India.
Despite the not-so-encouraging initial forecasts about the monsoons, tractor major Mahindra & Mahindra today sounded confident of maintaining last year's sales momentum and grow in double-digits.
Stating that private sector investment, which has been missing for the past couple of years, will pick up when the demand scenario improves, Bajaj said that private sector investment is badly needed to create jobs.
India Nikkei's October manufacturing Purchasing Managers' Index (PMI) came in at 54.4. A considerable rise compared to September's 52.1. The index is at its highest level since Demcember 2014.
Nischal Maheshwari of Edelweiss Securities believes valuations are currently stretched and global events lined up over the next few months like US Presidential elections, Federal Open Market Committee (FOMC) meetings, among others could prove to be impediments for markets to hit new highs soon.
ICRA Ratings Senior VP Sabyasachi Majumdar said demand in 2016-17 is likely to be mainly driven by the pick-up in the infrastructure segment, primarily road projects and housing segment and the likelihood of a recovery in the rural demand from second half of this fiscal, given the better monsoons.
The Indian consumer durables industry is pinning its hopes on the upcoming festive season. Better monsoons and 7th Pay Commission are surely going to leave consumers with more disposable income but are distributors seeing this getting translated to higher sales? CNBC TV-18's Yash Jain finds out.
The monsoons, Seventh Pay Commission and government spending in roads have been major triggers for markets. She is bullish on domestic cyclicals, namely, construction, cement and auto sectors.
"Agriculture production is expected to be much better than previous two years and definitely agriculture will contribute significantly to the GDP," Das added on the sideline of a conference on 'International Arbitration in BRICS: Challenges, Opportunities and Road ahead'.
KBS Anand, MD and CEO, Asian Paints, is confident that demand for paints will surge if gross domestic product (GDP) grows.
Speaking to CNBC-TV18 after reporting the first quarter results, Dabur CFO Lalit Malik says some benefits of monsoons and implementation of the 7th pay commission might help lift volumes albeit at a slow pace during the second half of the year.
Emmbi plans to spend Rs 22 crore for capacity enhancement, adding capacity of 6000 tonnes to the existing 18200 tonnes. Last year, it had a capacity utilisation of 83 percent.
Indian markets will not see any big headwinds as monsoons have picked up and GST Bill stands a big chance of getting passed and liquidity in the system is much higher, said Mahesh Patil, Co-CIO at Birla Sun Life AMC.
Gaurang Shah of Geojit BNP Paribas expects markets to stay choppy until the Brexit issue is sorted. He pins his hopes on better monsoons and passage of the Goods and Services Tax (GST) Bill to return to the rally.
Rain and thundershowers occurred at some places in Uttar Pradesh providing respite from the scorching heat as temperatures mostly remained normal in the state
In an interview with CNBC-TV18, RG Rajan, CMD of RCF said that the company has received Rs 1500 crore in subsidy for FY16 and expects FY17 to be better on the back of good monsoons.
Nifty may see some fleeting short-term resistance, but there are no major hurdles going forward and it may touch 8700 levels soon, says Jai Bala of Cashthechaos.com.
The recovery of Indian economy is on track in key sectors and factors like favourable monsoons and additional spending by way of pay commission awards may add to this recovery, says a Nomura report.
Hydro power generation in the country during 2015-16 stood at 121.34 billion units (BU) as against the target of 128 BU due to lesser rainfall in some regions, Parliament was informed today.
"Monsoons could add up to 50 basis points (0.5 percent) to the gross domestic product while the economy could also reduce by the same quantum if the country faces another year of drought," BNP Paribas chief economist for emerging markets Richard Iley told reporters here.
Consumer Price Index (CPI) moderated to 4.8 percent in March 2016 from 5.3 percent in the previous month.
Market expert Parag Thakkar says that thisb rally is on the back of a good monsoon forecast and has benefitted the FMCG industry but gains have not been compelling enough to be overweight on the sector.