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MONSOON SLUMP
Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...- Inflation poses bigger risk than growth this fiscal as monsoon and crude weigh on rural demand: NuvamaIn FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The...
- India bonds end flat as RBI policy caution offsets cooler oilBrent crude and U.S. Treasury yields eased in Asian trade, taking some pressure off India's oil-sensitive curve.
- RBI MPC: Iran war puts Malhotra & Co in razor-edge policy bind over inflation, growth and rupeeThe Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupe...
- India to purchase fertilizer at nearly double pre-war priceIndia is set to purchase urea fertilizer at significantly higher rates. This comes as the Middle East conflict impacts global supplies. Ind...
- India fertiliser output drops a quarter on Mideast warIndia's fertiliser production plunged nearly a quarter in March, official data showed, after natural gas imports used in its manufacture we...
- Pakistan power cuts deepen as hydropower slump hits supplyPakistan faces a doubled electricity shortfall this week. Hydropower output has significantly decreased. This situation has led to extended...
- Nearly half of droughts in India may have been influenced by North Atlantic air currents: StudyThe IISc study said that droughts were a consequence of a sudden and steep drop in rainfall in late August. This drop was linked to an atmo...
- Festive October a quirk amid auto slumpAuto sales picked up pace in October as more and more headed out to purchase vehicles amid the festive season. Vehicle registrations at RTO...
- Drought hits tea plantations in South IndiaKDHP, the largest tea plantation in South India, had suffered heavy loss last year after a strike by the women workers.
- After-effects of poor monsoon: Demand for consumer goods halves in December quarterThis doesn’t augur well for the broader economy, which has thus far been driven by consumption and govt spending with pvt investment a lagg...
- Taj, Le Meridien offering up to 35% discount on special packages during monsoonsTo perk up occupancy, top hotel chains are offering up to 35% discount on room rates and special packages on reservations for the July-Sept...
- Timely monsoon arrival leads to slump in power demandThe timely onset of monsoon in most parts of the country has led to a reduction in electricity demand by up to a fifth.
- Monsoon progress sluggish, crop yields will not suffer feel expertsSeveral parts of the country are anxiously waiting for monsoon showers as the prolonged dry spell since March has reduced soil moisture.
- Housing slump, monsoon may hit India Cements this quarterCo's ability to manage rising operational costs will decide its course. The stock trades at a P/E of 14.8 times on a trailing four-quarter ...
- Rainy August washes out summer sales of air-conditioners & refrigeratorsThe wettest August in a decade has taken a toll on sales of soft drinks, air-conditioners and refrigerators, with companies reporting anywh...
- Rice output may touch 99 mn tonnes in 2010-11: USDAAhead of the planting of kharif rice crop from next month, the US Department of Agriculture (USDA) has pegged India's rice output up by 13 ...
- FMCG cos fear slump in rural demand if monsoon delays furtherFMCG companies are worried that a delayed and deficient monsoon would shrink demand in rural areas.
- Monsoon delay to impact growth significantly: Moody'sIndia's economic growth would suffer "significantly", though not "catastrophically", and inflation would rise, if delay in monsoon causes r...
- Fall in production hits coffee-growers in WayanadA sharp fall in coffee production has hit farmers in Kerala's Wayanad district as the harvesting season is drawing to a close in the state'...
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