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MONSOON IMPACT
Chennai’s rain gets a market price: NCDEX launches RAINCHNNAI weather derivatives futures contractNCDEX launched RAINCHNNAI, a futures contract allowing market participants to hedge Chennai’s Northeast Monsoon risks. Utilizing a Cumulati...- India to witness above avg temperature in September; rainfall likely to be below normal: IMDThe India Meteorological Department (IMD) on Monday announced that monthly rainfall over India during September is most likely to be below ...
- Himachal Pradesh weather forecast: 64 roads closed, 225 power transformers hit; heavy rain warning issued till September 3Himachal Pradesh is facing severe impacts from substantial rainfall, leading to 64 road closures and disruptions to 225 power transformers....
- Heavy rain lashes several parts of Odisha; red alert issued for three districtsA low-pressure system over the Bay of Bengal has caused heavy rainfall across Odisha. Weather officials issued a red alert for three distri...
- Weak September rains could push FY27 inflation to 5.5% or higher: ReportIndia's inflation outlook hinges critically on September rainfall performance. A monsoon shortfall could push inflation to 5.5 percent or h...
- India gets the rain in August, but monsoon deficit still widensIndia's monsoon rainfall deficit has widened to nearly fourteen percent. Erratic rainfall has hurt kharif crop sowing across several region...
- Attributing disaster solely to climate change not enough: ScientistsThe Himalayan regions are increasingly vulnerable to extreme weather events, largely as a result of climate change. Melting glaciers and al...
- Rains Raksha in India may not be enough to fight $250 billion heat billExtreme heat poses a significant economic threat to India's workforce and GDP. Lost labor hours and reduced productivity impact both worker...
- India Ratings revises FY27 bank credit growth upward to 15%; provisioning for expected loss may hit profitIndia Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challeng...
- S&P affirms India ratings at 'BBB/A-2' with 'stable' outlookS&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term p...
- 45 Indian coal power plants have critical low fuel, government data showsForty-five Indian power plants operate with critically low coal inventories now. Monsoon rains disrupt supplies and electricity demand rise...
- 'Parliament becoming a mockery': P Chidambaram attacks Centre over FCRA and delimitation issuesSenior Congress leader P. Chidambaram criticized Parliament's functioning during the recent Monsoon Session. He alleged that the Centre pas...
- Cement prices likely to stay range-bound through September as post-monsoon demand recovery key: ReportCement prices are expected to stay stable through September as demand remains weak. Companies are focusing on maintaining current price lev...
- Weak monsoon, West Asia risks cloud July-Sept FMCG demandConsumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, ...
- RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...
- Asia Rice: India rates climb to 1-year highs on African demand, poor monsoon rainsIndia's 5% broken parboiled variety was quoted at $364-$369 per ton this week, up from last week's $362-$368. Indian 5% broken white rice ...
- Don't tamper with Kaziranga National Park and Tiger Reserve's bufferAssam's reduced eco-sensitive zone around Kaziranga National Park poses risks. A smaller zone could isolate the park, harming wildlife move...
- India faces weakest monsoon in nearly two decades as El Nino strengthensIndia is heading for its weakest monsoon in nearly two decades, with rainfall expected to be around 15% below normal, according to two seni...
- Locals say rising Ganga, Yamuna levels shift Sangam point in Prayagraj; shops, businesses affectedWater levels of Ganga and Yamuna rivers are rising in Prayagraj. The Sangam area is shifting closer to the banks and low-lying regions. Loc...
- Skymet cuts 2026 monsoon forecast, sees 70% chance of droughtSkymet revised its 2026 monsoon forecast to 85% of LPA. This downgrade reflects escalating concerns over El Nino's erratic weather patterns...
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