Search For "above normal monsoon"
Above-normal monsoon rains to cool food prices in H2FY26, but base effects
Updated : 9 months ago IST
Above-normal monsoon rains and improved sowing conditions are expected to support a benign food inflation trajectory in the second half of the Financial Year (FY) 2026. However, an adverse base is likely to push food inflation higher next year (FY27), according to ICICI Bank's Global Markets
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India's industrial output to stay weak amid geopolitical issues affecting
Updated : 1 year ago IST
India's industrial outlook is expected to remain weak in the near term as due to above normal monsoon mining and electricity output are expected to stay subdued, according to a report by ICICI Bank
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Increased Kharif sowing to ease pressure on food inflation, bolster rural
Updated : 1 year ago IST
India's kharif sowing has recorded a significant 4.1 per cent year-on-year (YoY) increase as of July 18, 2025, supported by an above-normal monsoon and improved reservoir levels across the country, according to a recent report by Bank of Baroda.
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India's sugar output to surge 15%, but margin gains for mills will remain
Updated : 1 year, 1 month ago IST
Above-normal monsoon forecasts are likely to boost sugarcane acreage and yield in key states like Maharashtra and Karnataka, which will result in 15 per cent surge in sugar output
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Crisil revised India's FY26 GDP growth to 6.5% on good monsoon, rate cuts,
Updated : 1 year, 1 month ago IST
Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the current fiscal, supported by expectations of above-normal monsoon, rate cuts and the government's rural support schemes.
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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 1 year, 2 months ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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Cement demand set to rise 7% this fiscal, prices by 2-4%: Crisil
Updated : 1 year, 3 months ago IST
The cement sector is expected to see a 6.5-7.5 per cent demand growth this fiscal driven by a 10 per cent rise in budgetary allocation for core infrastructure ministries and on expectation that an above-normal monsoon will boost agricultural profitability, in turn lifting rural housing deman
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India received about 8% more rainfall this monsoon season
Updated : 1 year, 10 months ago IST
The rainfall across India during the 2024 southwest monsoon season (June-September) was 108 per cent of the long period average (LPA), marking an above-normal monsoon season, according to the India Meteorological Department (IMD).
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ICRA estimates increase in agriulture GVA based on surplus monsoon, kharif
Updated : 1 year, 10 months ago IST
Above-normal monsoon rains that helped farmers sow more crops this Kharif season bode well for agriculture, and are likely to improve gross value addition (GVA) in the sector
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RBI expected to hold repo rate steady in upcoming MPC meeting: Care Edge
Updated : 2 years ago IST
Adding the reasons behind its anticipation, the credit agency further emphasized factors such as the inflation and, overall risk of food inflation due to the above-normal monsoon will influence the decision of the monetary committee.
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ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 2 years, 1 month ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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With above normal monsoon, new import contracts for pulses Food prices wil
Updated : 2 years, 3 months ago IST
"Further easing of food prices is on the anvil as IMD has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall," says March 2024, monthly economic review of the finance mini
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