Stay updated with breaking news from Normal Monsoon. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The factors that will likely contribute to this scenario include a normal monsoon that has been forecast, steady global demand for Indian farm products, stocking of rice in Africa and the Middle East due to uncertainties associated with the pandemic and, last but not the least, the sheer luck that the second wave didn’t coincide with the season of rice transplantation that takes place mainly in July.
Read more about Normal monsoon should help contain food price pressures: RBI Governor on Business Standard. Despite admitting to price pressures both from food items and input prices, RBI Governor Shaktikanta Das hoped that a normal Southwest monsoon will have a "soothing impact" on inflation pressures
Monsoon musings It’s rare for India to have three consecutive years of normal monsoon - The Hindu It’s rare for India to have three consecutive years of normal monsoon - The Hindu× IMD’s forecast suggests that this year’s monsoon may not be as munificent as last year’s The India Meteorological Department (IMD)’s first-stage forecast for the south-west monsoon for 2021 offers a spot of cheer amid the storm clouds gathering over the economy. It indicates that the quantum of rainfall this season is likely to be at 98 per cent of the long period average and estimates a 61 ...
Can Swaraj Engines continue to shine post robust Q4 results? Swaraj Engines plans to expand the manufacturing capacity to 1.5 lakh units by FY22 from the current 1.35 lakh units to capture the long-term demand prospects. Synopsis The good show is likely to continue given the forecast of a normal monsoon and higher food grain production for FY22. ET Intelligence Group: The stock of Swaraj Engines gained nearly 6% on Thursday in a volatile market following the company’s robust March quarter numbers and record tractor engine sales in FY21. The company also declared a higher dividend payout du...
IBM-backed US forecaster predicts marginally above-normal monsoon in 2021 SECTIONS Share Synopsis The onset of the monsoon winds in Kerala will also happen a couple of days prior to its normal date of June 1, TWC added. “Climate model forecasts suggest a near-normal to slightly above-normal monsoon season this year," said Todd Crawford, TWC's chief meteorologist. PTI In yet another encouraging indication for this year's rainy season, American forecaster The Weather Company has predicted a marginally above-normal monsoon in 2021, the third consecutive year with excessive rainfall. The IBM-ba...