Page 3 - Indian Monsoon

Weak monsoon raises rural credit risks; cash flow stress likely: ICRA

AM Karthik of ICRA Ltd said that NBFCs slow down disbursements, tighten their credit norms and prioritise collections and loan quality over loan growth when macroeconomic headwinds intensify.

El Niño years: Tractor sales lag; 2-wheelers & FMCG hold up, finds study

Tractor sales, the JM Financial study said, were most sensitive to El Nino conditions, recording weaker sales growth during the La Niña period, which is associated with excess rainfall.

El Niño, weak monsoon cloud tractor, two-wheeler sales; analysts weigh risk

Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.

Agri stocks: Analysts stay selective as rain deficit widens; top picks here

Analysts said concerns over agri stocks are justified due to the rainfall deficit, but suggested investors to stay selective rather than avoid the sector altogether.

Weak monsoon will increase rural gold loan demand: Divya S, Capri Global

Divya S of Capri Global said that a weak monsoon often increases gold loan demand, as rural households monetise jewellery to finance the next crop cycle or bridge working capital gaps.

Rainfall derivatives: How Mumbai's monsoon actually got priced in

Six weeks into India's first rainfall derivative, the numbers have more to say than the launch-day press release did

Kharif acreage gap can be bridged as sowing continues till Aug 15: Chouhan

Agriculture Minister Shivraj Singh Chouhan on Wednesday said there is a possibility to compensate shortfall in acreage under Kharif crops as sowing operations continue till August 15. He asserted that the government is keeping a close watch on the rainfall situation and the ongoing sowing operations. "There is still time for sowing of Kharif crops. Sowing happens till August 15. There was less rain during June but there has been good rainfall in the first week of July. There is a possibility of good rainfall after July 20," Chouan told reporters on the sidelines of a conference organised by the Indian Council of Agricultural Research (ICAR). At present, the area under coverage for Kharif crops is less than the year-ago period, the minister said. "We are keeping a close eye on the situation," Chouhan said, adding that the Centre is ensuring that farmers receive all inputs, including seeds and fertilisers, on time. Asked whether the sowing would improve going forward to make up for

What is a 'monsoon break' and why does it matter for paddy farmers?

The IMD has forecast a week-long break in the southwest monsoon. Here's why the monsoon takes a pause every year, why this year's break seems unusual, and what it could mean for paddy cultivation

Oil prices and monsoon uncertainty will shape RBI's inflation outlook

June inflation rose above the RBI's 4% target, with food, oil prices and monsoon risks clouding the outlook, making a status quo on rates the likely policy choice

Cloudy skies in Delhi as AQI turns 'poor'; rainfall likely in most states

Delhi's air quality deteriorated to the poor category amid hot and humid weather, while an active monsoon pattern is set to bring heavy rainfall, thunderstorms and gusty winds to several states

Rain deficit widens to 18% as monsoon subsides; Uttarakhand on yellow alert

Uttarakhand remained on yellow alert after heavy rain-triggered landslides blocked 126 roads in the state, including two national highways

Heavy rain lash parts of India; Uttarakhand, Himachal Pradesh worst hit

Heavy to very heavy rain lashed parts of India on Saturday, with Uttarakhand and Himachal Pradesh among the worst-hit as landslides blocked roads and disrupted public life. According to the Indian Meteorological Department, very heavy rainfall was recorded over Himachal Pradesh, Uttarakhand, East Uttar Pradesh and Meghalaya, while heavy rainfall was recorded over West Bengal, Odisha, Jharkhand, Bihar, Punjab, Haryana, West Uttar Pradesh, Mizoram, Tamil Nadu and Kerala. In Uttarakhand, heavy rainfall triggered landslides, blocking 120 roads, including three national highways, while around 100 pilgrims were escorted to safety across a washed-out stretch of the Yamunotri National Highway after the route remained cut off for two days. According to the State Disaster Response Force (SDRF), a massive accumulation of debris completely blocked the highway at Syanachatti in Uttarkashi district on Thursday after incessant rain triggered a landslide that washed away nearly 100 metres of the ..

Weather today: Delhi to get rain; heavy showers to continue across India

Very heavy rainfall is likely over parts of the Northeast, Bihar and eastern Uttar Pradesh, while Delhi is expected to witness a generally cloudy day with light rain and thunderstorms

Vegetables, pulses, cereals: How a weak monsoon could hit your food bill

Rain can send vegetable prices soaring within days, while the impact on pulses and cereals may take months to emerge. Milk, edible oils and sugar follow very different inflation paths

Why the monsoon could decide whether India's inflation stays in check

Food accounts for nearly 40% of India's CPI basket. That makes the monsoon one of the earliest signals of whether inflation stays under control or becomes a policy concern

Monsoon mayhem: 21 dead in Surat; waterlogging disrupts normal life

More than 10 people were confirmed to have died in rain-related incidents in India as torrential rains unleashed widespread destruction across several parts of the country on Thursday

From crops to consumers: How a weak monsoon affects India's economy

A poor monsoon can trigger a chain reaction across the economy, from lower farm output and higher food prices to weaker demand and changes in RBI policy

Four charts that show where India's food inflation risks are building

Headline inflation remains under control, but food prices are showing fresh signs of pressure. Here's what the latest inflation and crop data reveal

For India's travel industry, it's singing in rain season as bookings rise

Hospitality companies bank on year-round demand beyond summer peak

Southwest monsoon covers India, 36 days after touching Kerala coast

According to the India Meteorological Department (IMD), the usual date for the monsoon to cover the entire country is July 8 and, therefore, this year it has been delayed by a day