
June retail inflation surges to 4.81% on high food prices
With June inflation numbers out, the first quarter average retail inflation for 2023-24 stands at 4.6%, in line with RBI’s estimates
With June inflation numbers out, the first quarter average retail inflation for 2023-24 stands at 4.6%, in line with RBI’s estimates
El Niño conditions are likely to develop over the equatorial Pacific Ocean, says IMD.
Rainfall expected at many places with thunderstorms, lightning, and occasional gusty winds over plains of Northwest India till May 26
Monsoon is likely to hit Kerala on June 4, says IMD
The agency's observations come a day after private weather forecaster Skymet predicted a 'below normal' rainy season this monsoon.
Likelihood of El Nino is increasing and its probability to become a dominant category during the monsoon is growing large, says Skymet.
Better monsoon and an uptick in agricultural activity in rural areas are reasons for a sharp decline in joblessness in July, says CMIE
In June, normal or above normal rainfall is most likely over many parts of northwest and central India, northern parts of south peninsula and some parts of east India.
If coal stocks are not replenished to adequate levels before this year's monsoon, the country might be heading towards yet another power crisis in July-August 2022, says a CREA report.
India receives about 75% of its annual rainfall during the southwest monsoon season.