Unseasonal Rains

Two persons have died in rain-related incidents in Nashik district in north Maharashtra, a senior official said.Two persons have died in rain-related incidents in Nashik district in north Maharashtra, a senior official said.

Coca-Cola India business impacted due to unseasonal rains in June quarter

In the June quarter, China was affected due to specific local conditions and recovery was slowed in the second quarter. Consumer confidence is below the pre-pandemic level, he added.

Unseasonal rains in April, May bring down Delhi's power demand

In contrast to April this year, the peak power demand was higher on all the corresponding days in 2022, with a difference of up to 37 per cent, the official said.

Unseasonal rains and the lashing effect

Without coordinated global action to reduce greenhouse gas emissions and build resilience, the economic and social impacts of climate change will only continue to grow in severity and scope

Some damage to rabi crops due to unseasonal rains; yet to receive full report from states: Centre

Speaking to PTI, Minister of State for Agriculture Kailash Choudhary said the state governments are utilising the funds under the State Disaster Relief Fund (SDRF).

Standing crops in 8 districts destroyed by unseasonal rains says Devendra Fadnavis

Devendra Fadnavis said the untimely showers affected crops like mango, wheat and 'harbhara' (Bengal gram).

Unseasonal rains have damaged crops: Agriculture Minister Narendra Singh Tomar

"Definitely, crops have been damaged due to the unseasonal rains. The survey is underway and we are waiting for reports from the states to assess the extent of damage," Tomar told reporters.

Complete disbursement of subsidy by December 15: Govt to Collectors

As per assessment by the state government, about 8.5 lakh hectares of crop area had been affected by these three disasters which hit the farmers during the current year, a senior official said today.

Wheat crop not affected by recent unseasonal rains: Govt

There have been sporadic unseasonal rains in some of the wheat growing states for last three days.

Wheat output may drop for 2nd year straight due to warm winter

Wheat output had declined to 88.95 MT in 2014-15 due to poor monsoon and unseasonal rains in February-March, as against a record 95.85 MT achieved in the previous year. Sowing of wheat, a major rabi (winter) crop, begins from October and harvest starts from April. for 2nd year straight due to warm winter

Foodgrain output dips in 2015; revival unlikely in New Year

To salvage the situation, the government launched Rs 50,000 crore worth irrigation and soil health schemes and is all set to unveil a new insurance scheme and electronic agri-market in New Year to ensure that the farmers earn 50 percent profit from produce.

Rabi crops sowing hit by both floods & drought: Agri Min

The total area sown to wheat and other rabi crops is lagging behind at 317.96 lakh hectare till last week of the ongoing rabi season compared with 372.61 lakh hectare in the year-ago period, as per the government data.

FCI may sell record 7mn tonnes wheat to bulk buyers in FY16

From April 1, the FCI started offloading wheat under the open market sale scheme (OMSS) to liquidate surplus stocks. It fixed a reserve price of wheat at Rs 1,550 per quintal in Punjab, Haryana as well as Madhya Pradesh and with additional freight charges in other states.

Citigroup pegs India's GDP growth at 7.9% this fiscal

According to the global financial services major, investment and consumption uptick is likely to result in a growth pick-up from 7.3 percent in 2014-15.

RBI may cut rates by 25 bps in next policy review: BofA-ML

According to the research report, after the June rate cut, the RBI is likely to hold on to the "pause" button for sometime and go for a further 50 basis points cut in early 2016.

Cabinet meets to discuss agrarian crisis due to hailstorm

The government is unlikely to take up the Land Acquisition Amendment Bill in the Budget session as it has five more months to pass the ordinance. The Bill is likely to be tabled in Monsoon session.

What's ailing rural India?

Meanwhile, agriculture minister Radha Mohan Singh promised to take action against insurance companies that do not pay the farmers who have been hit by unseasonal rains.

Every damaged house in Rajasthan to get Rs 95,000: Agri Min

More than 11,000 villages and 28 lakh farmers have been hit by hailstorms and unseasonal rains. Around 24 lakh hectares in Rajasthan has been affected by unseasonal rains

Cong won't budge on Land Bill this time too: Pros

According to Shekhar Gupta, vice-chairman of India Today Group, the current Land Bill is a better version of the previous ones. Since the bill was pushed in early, it portrayed the government as arrogant.

March CPI inflation seen in 5.08-5.6% range

The CPI data could come anywhere between the range of 5.08 to 5.6 percent due to the impact of food inflation.

Monsoon rains seen normal this year: Arvind Subramanian

Monsoon rains are vital for India's farm sector, which accounts for 14 percent of the USD 2 trillion economy, as half of the country's farmland lacks irrigation. Weak monsoon rains have cut farm output in the past, stoking inflation.

RBI instructs banks to restructure farm loans

Modi also asked insurance companies to be "proactive" in settling claims of farmers. He said the criteria of 50 percent crop damage for providing compensation to affected farmers has been reduced to 33 percent, which will help more farmers to get compensation for their crop loss.

Untimely rains damage 30% mango crops in Uttar Pradesh

Vagaries of nature have hit hard the mango growers of Uttar Pradesh where almost 30 per cent of the crop has been damaged by bouts of unseasonal rains, gusty winds and hailstorms, raising fears of poor availability and high cost of the king of fruits.

Agri economics in trouble; rural themes to feel pain: Emkay

Decline in value of produce and profitability for the agri sector is likely to play out with a lag on agri input sectors-seeds, fertilizers and agro chemicals, says Emkay

Witnessing demand pick-up for M&HCV in coal belt: Experts

Parag Jariwala of Religare Capital says the Medium and Heavy Commercial Vehicle (M&HCV) sales have risen 30-40 percent Year-on-Year, over the past six months.