SEA hopes this year’s monsoon will provide relief to farmers

[ad_1] The Solvent Extractors’ Association of India (SEA) has said that the monsoon forecast for 2024 brings a sense of relief to farmers. In his monthly letter to the members of the association on Monday, Ajay Jhunjhunwala, SEA President, said...

Farm sector can grow over 6% in FY25 on good monsoon, says NITI Aayog’s Ramesh Chand

[ad_1] India’s agriculture and allied sectors may register growth exceeding 6 per cent in 2024-25 owing to a favourable monsoon prediction and the previous year’s low base, Niti Aayog’s Member Ramesh Chand told businessline.“This year (2024-25) will be highly favourable...

Skymet predicts normal monsoon in India this year

[ad_1] Private weather forecaster Skymet, which had accurately predicted 2023 monsoon rainfall, has said the monsoon in 2024 could be normal and quantitatively 102 per cent of the long period average (LPA) of 87 cm, with an error margin of...

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

[ad_1] Leading industry players expect improving macro-indicators and expectations of good monsoon and rabi crops to drive consumer demand for FMCG in the current fiscal.Consumer demand for FMCG (fast-moving consumer goods) remained sluggish amid a subdued operating condition in the...

Key factors to watch in FY25 for stock markets

[ad_1] The first week of FY25 started on a positive note for domestic markets, led by small-caps. The BSE Small-Cap index posted a return of nearly 5 per cent in the first five days of trading itself, even as large-caps...

India will receive above-normal monsoon rainfall, says APEC Climate Center

[ad_1] For India which has been at the receiving end of the El Nino weather phenomenon since June 2023, good tidings have come from the Asian-Pacific Economic Cooperation (APEC) Climate Center. Also read:Less snow may aid India’s monsoon with better rains...

La Nina Chances Increase After June: Global Weather Agencies

[ad_1] Chances of La Nina, which results in heavy rainfall and floods particularly in India, emerging after June have increased even as El Nino is dissipating, two global weather agencies have said.“El Nino continues and is near its end….While three...

Summer sowing area up 7% despite below normal rain in several States

[ad_1] The sowing under summer crops, which will end by May, has reached 39.44 lakh hectares (lh) as of Friday. This is 7.3 per cent more than the previous year as the zaid season is progressing well despite low reservoir...

Half of major Indian reservoirs at less than 40% of capacity

[ad_1] The water level in half of India’s 150 major reservoirs is less than 40 per cent of the capacity with the storage in two-thirds being less than 50 per cent, as per data from the Central Water Commission (CWC)...