Powered by: Motilal Oswal

News

Area under kharif crop increases to Rs 1,065 lakh hectares amid better monsoon The area sown under kharif crop in the country has gone up to 1,065 lakh hectares so far this year compared to 1,044.85 lakh hectares in the same period last year on the back of better monsoon rains, data released by the Ministry of Agriculture and Farmers Welfare on Tuesday showed.  The increase of 20.15 lakh hectares in sown area is expected to lead to higher production and incomes for farmers and help to keep food inflation in check. The official figures show that the area under...
Area under kharif crop increases to Rs 1,065 lakh hectares amid better monsoon
Area under kharif crop increases to Rs 1,065 lakh hectares amid better monsoon
Source: IANS
2024-08-28 09:08:02 am
Improved monsoon leads to power demand moderation in India As monsoon coverage improves, power demand in India has moderated, especially in the southern regions, a report showed on Friday.  Power demand is estimated to have risen 7 per cent (year-on-year) in July to 150 billion units (BUs) owing to higher power demand in northern states, according to a Crisil report. “However, minus the 16 per cent on-year surge in power demand in the north, demand moderated in other regions,” the report mentioned. Power demand rose 4 per ce...
Improved monsoon leads to power demand moderation in India
Improved monsoon leads to power demand moderation in India
Source: IANS
2024-08-02 01:40:07 pm
‘Monsoon Trekking’ begins in Goa to boost hinterland tourism Goa Tourism Development Corporation on Sunday launched ‘Monsoon Trekking’ program from Tambdi Surla-Mollem in South Goa to attract tourists in hinterland areas.    GTDC chairman Ganesh Gaonkar speaking on the occasion said that the concept of ‘Atithi Devo Bhava’ (Guest is equivalent to God) would be made meaningful in the coastal state.  “Every tourist visiting here should be safe and enjoy the monsoon trekking,” Gaonkar said. Maha...
‘Monsoon Trekking’ begins in Goa to boost hinterland tourism
‘Monsoon Trekking’ begins in Goa to boost hinterland tourism
Source: IANS Life
2024-07-17 04:42:50 pm
Monsoon escape: Explore Vietnam The country's monsoon season is now at its height, making it a terrific opportunity to travel to new places and immerse yourself in different cultures. Vietnam, a newly popular tourism destination in Southeast Asia, is one such location that is also easily accessible to Indians. As travelers take advantage of the country's varied landscapes, thriving food and beverage industry, beaches, steep rice terraces, and bustling cities, the country is quickly rising to the top of the list of S...
Monsoon escape: Explore Vietnam
Monsoon escape: Explore Vietnam
Source: IANS Life
2024-07-17 04:23:59 pm
Indian farmers rush to plant summer crops as monsoon revives Indian farmers have accelerated the planting of summer-sown crops, such as paddy, soybean, cotton, and corn, following above-average monsoon rainfall in July that came after a deficit in June, according to government data. Summer rains, critical for economic growth in Asia's third-largest economy, usually begin in the south around June 1 before spreading nationwide by July 8, allowing farmers to plant summer crops. But in June India received 11% less rain than average, after the mon...
Indian farmers rush to plant summer crops as monsoon revives
Indian farmers rush to plant summer crops as monsoon revives
Source: Reuters
2024-07-16 04:17:48 pm
Area under Kharif crop increases by 10.3 pc amid better monsoon The total area under kharif crop sowing during the ongoing season has increased by 10.3 per cent to cross 575 lakh hectares due to the better monsoon this year, data released by the Ministry of Agriculture on Monday said. Last year kharif sowing at this time had covered 521.25 hectares amid erratic rains that had left some areas high and dry. About 62.32 lakh hectares have been reported under pulse cultivation in the current Kharif season which represents a 26 per cent increase over the...
Area under Kharif crop increases by 10.3 pc amid better monsoon
Area under Kharif crop increases by 10.3 pc amid better monsoon
Source: IANS
2024-07-16 09:18:25 am
`Above normal monsoon rainfall in 2024 bodes well for agricultural sector` The India Meteorological Department's (IMD) above-normal rainfall forecast for 2024 southwest monsoon (June-September) bodes well for the agriculture sector and will also keep a check on food prices, an economist with Bank of Baroda said. On Monday, the IMD said the 2024 southwest monsoon seasonal (June to September) rainfall over the country, as a whole, is most likely to be above normal (greater than 104 per cent of the Long Period Average - LPA). "Quantitatively, the seasona...
`Above normal monsoon rainfall in 2024 bodes well for agricultural sector`
`Above normal monsoon rainfall in 2024 bodes well for agricultural sector`
Source: IANS
2024-04-16 10:27:08 am
Coal India beats Q2 profit view on high power demand amid weak monsoon Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon. The state-run miner posted a consolidated net profit of 68 billion rupees ($816.3 million) for the quarter ended Sept. 30, up 12.5% from last year. It also beat analysts' estimate of 63.70 billion rupees, as per LSEG data. Power demand in India, which usually peaks in May due to extreme summer heat, remained high in the reporting quarte...
Coal India beats Q2 profit view on high power demand amid weak monsoon
Coal India beats Q2 profit view on high power demand amid weak monsoon
Source: Reuters
2023-11-10 06:17:39 pm
Farm sector takes a hit due to deficient monsoon, stares at dipping reservoir levels India?s agriculture sector has taken a battering from a southwest monsoon that was both erratic and fell short of its normal level in an El Nino year.This resulted in both damage to standing crops as well as a reduction in the sown area under key crops such as pulses and oilseeds this year since more than half of the country?s farm area depends on the rains for raising crops. This could spell more trouble ahead as recourse may now have to be taken to expensive imports to fill the gap and keep...
Farm sector takes a hit due to deficient monsoon, stares at dipping reservoir levels
Farm sector takes a hit due to deficient monsoon, stares at dipping reservoir levels
Source: IANS
2023-10-14 05:07:09 pm