Weak Monsoon

A subdued monsoon is a disappointment but it is unlikely to affect rural economy, Sanjeev Prasad of Kotak Institutional Equities told CNBC-TV18. The concerns are more in the non-agricultural segment of the rural economy such as construction and mining which haven‘t been doing well in the past, he said.

Maha govt plans to bring 70% farmers under crop insurance net

Speaking to reporters at Y B Chavan Center near Mantralaya here today, a senior official from state Agriculture Ministry said that at present only 30 percent of farmers are covered under crop insurance scheme Prime Minister Fasal Bima Yojana (PMFBY).

Sell off wipes out Rs 1.78 tn from investor wealth in Apr

Tax issues, disappointing fourth quarter earnings and forecast of weak monsoon were spoilsports for the stock market last month, leading to heavy sell offs and making investors poorer by Rs 1.78 lakh crore.

'Monsoon, lack of govt action & FII outflow worrying mkt'

According to Amit Dalal, executive director at Tata Investment Corporation, the top worries for the market right now are weak monsoon, lack of government action on policy and foreign outflow.

Weak monsoon may hit kharif sowing: Montek

Montek Singh explains to CNBC-TV18 that though the monsoons have been delayed, it cannot be said that the monsoons have failed. However, a weak monsoon may hit sowing of the kharif crop.