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Strong rice and coarse cereal sowing contrasts with weaker performance in oilseeds, cotton, and jute
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Rice coverage has reached 90.5 percent, compared with 80.7 percent last year
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The author and businessman's remark comes amid heavy rains that have left parts of the region waterlogged, reviving concerns about poor drainage and urban planning.
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India's peak power demand touched 243 GW this year, much lower than the previosuly projected 270 GW. Senior power ministry officials now expect to see the current year's peak power demand in September, courtesy an early onset of monsoon and pre-monsoon rains during summers.
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In the northwest region, nine out of the 10 states received normal or above-normal rainfall. Rajasthan, known for its coarse cereal production, got 128% above-average rainfall in June
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Data from the India Meteorological Department shows that for the first 16 days of the year, rainfall was averaging 24 percent below normal. However, it is still far from 2009 levels, when the monsoon started early but petered out in the first few weeks
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Nearly half of India's farmland, which has no irrigation, depends on the annual June-September rains for crop growth.
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The analysis indicates that higher or normal rainfall during July-August, as long as it is not excessive (i.e., not more than 10 percent above normal), seems to have a weak association with better market performance
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With the southwest monsoon arriving over a week early—the earliest in 16 years—markets are weighing its potential to boost rural demand and consumption-led sectors
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Early monsoon would translate in early sowing by farmers in the upcoming Kharif season, however, the geospatial as well as time spread of the rainfall will be crucial to track, given the erratic pattern seen in recent years.
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For maize, pulses and oilseeds, the effects of normal rainfall were even better, as a percent increase led to production rising by 0.159, 0.333 and 0.303 percent, respectively
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Chennai, Nov 12 Torrential rain that lashed Chennai and its suburbs since last night necessitated the administration to order closure of schools in th..
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Tamil Nadu Chief Minister M K Stalin on Saturday said the state government was closely monitoring the rescue and relief activities being carried out on a war-footing to bring normalcy to Madurai and its neighbourhood.
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Residents are advised to take precautions to ensure their safety during this period of heavy rainfall.
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Phoenix Mall and Manyata Tech Park in Bengaluru have seen severe waterlogging and the latter witnessed the collapse of an embankment wall at a construction site within the premises.
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Many areas in Chennai and its suburbs have been receiving heavy rainfall since Monday night. Apart from Velachery, Koyambedu, Guindy, Madipakkam and other low-lying areas in the city are reportedly flooded.
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As per the IMD report, along with Bengaluru, Chikballapura and Kolar districts are also likely to receive heavy rains this week.
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Rajasthan, Gujarat, west Madhya Pradesh, Maharashtra, Telangana, and Andhra Pradesh got excess rainfall, according to the IMD data.
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Central India and some parts of north saw a rise in rainfall activity over the past week even as monsoon has begun to retreat
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Punjab, Himachal Pradesh, Nagaland and Bihar are the only states with lower water capacity compared with normal reservoir levels
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Rainfall deficit widens further to 29 percent for the farm state of Punjab and remains a high 28 percent for Bihar
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Since June, 27 states have received normal or above-normal rainfall, while nine states are still seeing a shortfall
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Among the nine states experiencing deficit rainfall, Nagaland and Manipur had 32 percent deficit, followed by Arunachal Pradesh and Bihar at 30 and 28 percent
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Number of states facing rainfall deficit increases to nine from seven in the previous week
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Rainfall surplus is below 7 percent for the first time in September. Manipur has the highest rainfall deficit among states at 31 percent
