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New Delhi, Apr 8 (PTI) The Reserve Bank's decision to maintain status quo on interest rate is a calibrated approach to strengthen macro economic environment against the backdrop of global headwinds influencing economic sentiment, experts said on Wednesday. The Reserve Bank kept its key policy rate (repo) unchanged at 5.25 per cent, adopting a cautious wait-and-watch stance as policymakers assessed the fallout from the six-week Iran conflict on energy supplies, inflation and growth. Industry bo ...Read More >
India received above-normal rainfall last year, with 7.9% excess compared to the LPA. The India Meteorological Department (IMD) said northwest India recorded 747.9mm of rainfall last season. That was the highest rainfall since 2001 and the sixth highest since 1901. East and northeast India recorded their second-lowest rainfall since 1901 last year. Monsoon is the lifeblood of India's economy. According to the agriculture ministry, 51% of India's farmed area, accounting for 40% of production, is ...Read More >
Mumbai: The Reserve Bank of India (RBI) on Wednesday projected the country's inflation rate based on the Consumer Price Index (CPI) for 2026-27 at 4.6 per cent as the near-term food supply prospects have been boosted by a robust Rabi crop which provides some comfort amid rising oil prices in the international market due to the Iran war. RBI Governor Sanjaya Malhotra said, "The pass-through of higher global energy prices has resulted in price increases in select fuels such as premium petrol and ...Read More >
New Delhi: India is expected to get below-normal monsoon rainfall in 2026 as the El Nino weather pattern would weigh on precipitation in the second half of the June-September season, said private weather forecaster Skymet, sparking concerns about crop output, consumption, and inflation. Rainfall is expected to be 6% below normal or 94% of the Long Period Average (LPA) of around 817 mm for the four-month-long season. Rainfall in June is projected at 101% of LPA, falling to 95% in July, accordin ...Read More >
New Delhi, April 7 (SocialNews.XYZ) India's headline CPI could rise to between 4.5 and 4.8 per cent from a base case of about 4 per cent, and RBI's April policy is likely to keep rate changes on hold in a cautious tone, a report said on Tuesday. The report from Yes Bank said GDP growth is expected to moderate to about 7 per cent with downside risks if the US-Iran war persists. "Growth has remained resilient so far, supported by domestic demand - both private consumption demand and government's ...Read More >
New Delhi: Lately, unseasonal rains have disrupted the pace of life, causing the situation to remain precarious. From North India to the southern states and even the northeastern regions, the rains are adversely affecting not only farmers' crops but also the general public's lives. There is now speculation that India's Southwest Monsoon for the year 2026 is expected to be weaker compared to previous years. According to the Meteorological Department, an alert has been issued indicating that this ...Read More >
MUMBAI, April 7 (Reuters) - India is expected to receive below-normal monsoon rainfall in 2026, private weather forecaster Skymet said on Tuesday, as the El Nino weather pattern is set to reduce precipitation in the second half of the June-September rainy season. Monsoon rainfall is expected to be 94% of the long-period average of 868.6 mm for the four-month period, Skymet said. The state-run India Meteorological Department (IMD) is likely to issue its first forecast for the monsoon seaso ...Read More >
Mumbai, Apr 5 (PTI) The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy w ...Read More >
While the milder weather should provide some respite to customers, and also lower power demand in the midst of an energy crisis brought about by the war in West Asia, a wet April could damage standing ready-for-harvest crops, some of which have already been impacted by western disturbances in the second half of March. ALSO READ | More rain for Delhi this week, IMD warns of thunderstorms across North India In what could further impact the farm sector, the agency predicted an 80% likelihood of a ...Read More >
NEW DELHI: Tractor sales surged sharply in the financial year 2026, with major OEMs posting double-digit volume growth. This growth momentum, however, may hit a roadblock as analysts forecast FY27 growth slowing to 0-3% amid high base effects and emerging El Niño risks. Ratings agency Crisil stated that tractor sales growth is projected to slow sharply to 0-2% year-on-year to about 1.2 million units in FY27. This follows an estimated 22% on-year rise in FY26, primarily driven by rationalisation ...Read More >
A high base, along with inflation risks and interest rate movements, will likely temper demand, while the tractor outlook remains tied to the monsoon and rural incomes India's passenger vehicle (PV) industry growth is expected to moderate to 4-6 per cent in FY27, mainly due to a high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the PV industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, ...Read More >
NEW DELHI,March 31: Above-normal heatwave days are likely over some parts of east, central and northwest India and the southeast Peninsula between April and June even as above-normal rainfall is expected in April, the India Meteorological Department (IMD) said in its monthly forecast on Tuesday. Between April and June, maximum temperatures are expected to be normal to below normal over many parts of the country except most parts of east and northeast India, as well as eastern parts of central I ...Read More >
NEW DELHI: Many parts of the country may not be hotter than usual during April-June summer season due to normal to 'below normal' maximum (day) temperatures but most parts in east, northeast and coastal Peninsular India are likely to get two to eight days of extended heatwave duration, the IMD said on Tuesday."Above-normal heatwave days are expected over Rajasthan, Gujarat, Haryana, Punjab, Maharashtra, Uttar Pradesh, Bihar, Jharkhand, West Bengal, Odisha, Chhattisgarh, Telangana, Andhra Pradesh ...Read More >
Mumbai, March 13: Climate scientists have issued an urgent warning that India may face an unprecedented summer of intense heat as a "Super" El Nino phenomenon begins to take shape in the Pacific Ocean. Updated data from the European Centre for Medium-Range Weather Forecasts (ECMWF) suggests that atmospheric signals are aligning for one of the strongest El Nino events in decades, potentially rivaling the extreme cycles of 1997-98 and 2015-16. For India, this translates to a high probability of r ...Read More >
New Delhi: Expect a chilly winter as higher than normal cold wave days are expected to impact parts of central India as well as some regions in northwest and northeast India, according to the India Meteorological Department (IMD). The polar vortex (explained below) is expected to drive down temperatures over these regions, officials said. Spatial maps indicate that parts of Haryana, Rajasthan, Delhi and Gujarat are expected to record below normal temperatures. There is likely to be one to four ...Read More >
Panaji: The frequency of cyclones has shown significant variations, with four cyclones recorded in 2024 and two so far in 2025, reflecting the ongoing impact of increased atmospheric warming in the Indian Ocean. While the numbers have decreased from previous years, the intensity of cyclonic activity continues to affect various regions, particularly impacting states like Goa, Maharashtra, and Andhra Pradesh.Goa experienced severe effects from cyclone Asna and minor impact from Fengal in 2024. Thi ...Read More >
Mumbai: India's Southwest Monsoon 2025 has recently concluded with "above normal" rainfall -- or 108% of the long-period average (LPA) -- with the Mumbai Metropolitan Region registering 20% more than the season's average. In Mumbai, suburban Mumbai, which has Aarey and the national park in its backyard, received the second highest surplus rainfall after Palghar, and was followed by Raigad and Thane (see box).An analysis by Climate Trends shows five out of the past 10 seasons have registered abov ...Read More >
NEW DELHI: The Indian Meteorological Department (IMD) forecasts a week-long delay in the arrival of the Northeast Monsoon (NEM), mainly affecting the southern states. This delay stems from a stalled withdrawal of the Southwest Monsoon, due to multiple weather systems over the Bay of Bengal, the Arabian Sea, and troughs and cyclonic circulations in Central and Eastern India. Dr. Mrutyunjay Mohapatra, Director General of Meteorology at the IMD, stated, "As the withdrawal of the Southwest Monsoon ...Read More >
The India Meteorological Department (IMD) has warned of a harsher winter in India by the end of this year, attributing the forecast to the possible resurgence of La Niña. This weather phenomenon, which is characterized by cooler sea surface temperatures in the equatorial Pacific Ocean, can have far-reaching impacts on global weather patterns. In India, La Niña is often associated with colder-than-average winters. The US National Weather Service's Climate Prediction Centre has predicted a 71% ch ...Read More >
Pune: Meteorologists have issued a warning that India could experience a severe cold wave by the end of this year. The India Meteorological Department (IMD) attributes this to the possible resurgence of La Niña, a cooling phase of the El Niño-Southern Oscillation (ENSO) that influences global weather patterns. While India avoided extreme heat this year, the upcoming winter is expected to bring unusually low temperatures, especially from December to January. The US National Weather Service's Cl ...Read More >
New Delhi: The southwest monsoon is expected to reach Kerala within the next four to five days, marking an early onset well ahead of the usual June 1 date, the India Meteorological Department (IMD) said on Tuesday. The IMD had earlier predicted that the monsoon would make landfall in Kerala by May 27. If the current forecast holds, this would be the earliest onset over the Indian mainland since 2009, when the monsoon arrived on May 23. "Conditions are likely to become favourable for monsoon ons ...Read More >
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