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IMPACT OF DROUGHT ON BEEF PRICES
FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...- Big wildfires hit southern FranceSouthern France battled a fierce wildfire on Wednesday, forcing evacuations as hundreds of firefighters tackled the blaze. Fueled by drough...
- India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
- Delayed monsoon: Water storage drops to 33.59 pc in Marathwada's major damsMarathwada's water reserves in 11 major irrigation projects have dropped to a critical 33.59% due to a delayed monsoon, with two reservoirs...
- India's next stock market headache isn't oil but a bigger storm brewing in the skiesIndia's stock market faces a new challenge as a severe "Super El Niño" threatens the monsoon, impacting 56% of GDP tied to consumption. Thi...
- Tomato, onion stoke fears of higher food inflationConsumers are encountering rising costs once more as tomato, onion, and potato prices escalate, heightening worries about food inflation. T...
- On Greek island of Santorini, winemakers try to adapt to heat and droughtSantorini's famed vineyards face a crisis as extreme heat and drought decimate ancient vines, driving up grape prices and slashing wine pro...
- Can a weak monsoon slow India's economy? Here's what investors need to knowA 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by...
- Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
- Utah declares state of emergency, restricts fireworks as US largest wildfire growsUtah has declared a state of emergency and restricted fireworks ahead of July Fourth due to a massive wildfire. The Cottonwood Fire, fueled...
- Heatwave-hit London climate week spurs calls for faster actionLondon's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...
- El Niño is set to further disrupt India's $300 billion farm supply chainIndia's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultu...
- Elephant encounters: Scientists tracked elephants for 19 years in Botswana and found that year-long droughts pushed them toward human settlements, raising the risk of dangerous encountersAfrican elephants are increasingly venturing closer to human settlements as prolonged droughts persist, a new study reveals. Research from ...
- Korea's AI crackdown may trigger healthy correction, India could benefit: Rahul ChadhaSouth Korean regulatory actions are prompting a reassessment of AI semiconductor valuations, though experts see this as a healthy correctio...
- India has contingency plans in place amid 40% rainfall deficit, says Agriculture CommissionerWhile India is currently facing 40 per cent rainfall deficit, the country has prepared district-level contingency plans to tackle possible ...
- Australia declares El Nino set to be strongest in decadesAustralia's weather bureau has warned of an El Nino forming in the tropical Pacific. This weather pattern could become one of the strongest...
- Why your summer tomatoes cost so muchTomato prices have surged due to severe weather in Florida and Mexico. Consumers face higher costs for this summer staple.
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