India is expected to see the timely start to kharif sowing, supported by the India Meteorological Department's (IMD) improved rainfall forecast, according to a recent report by ICRA.
In a press statement, Assam State Disaster Management Authority (ASDMA) said that, as per the IMD forecast, the weather pattern suggests that a well-marked low pressure area lies over Northwest Bay of Bengal off Odisha coast at 0830 hrs IST of today.
Investment Information and Credit Rating Agency (ICRA) on Wednesday, forecasted that electricity demand to grow by 6.0-6.5 per cent over next five years, supported by increasing adoption electric vehicles, the expansion of data centers and the development of green hydrogen segments.
Southwest monsoon rainfall over India is expected to be 106 per cent of the Long Period Average, India Meteorological Department said on Tuesday. This projection is more than the 105 per cent forecast in the April update.
UAE Ministry of Finance held a workshop on crisis management and forecasting, bringing together senior government officials and experts to explore best practices in emergency preparedness and strategic planning.
Southwest monsoon rainfall over India is expected to be 106 per cent of the Long Period Average, India Meteorological Department said on Tuesday. This projection is more than the 105 per cent forecasted in the April update.
Mumbai welcomed the monsoon with heavy rains and cloudy skies on Monday. The IMD has issued orange to red alerts warning of continued moderate to heavy rainfall, thunderstorms, and strong winds. Rain and rising temperatures are expected to persist into early June.
NITI Aayog member Arvind Virmani on Monday expressed confidence that India will be the fourth-largest economy in the world by 2025-26, surpassing Japan, as forecasted by the International Monetary Fund (IMF).
Mumbai experienced heavy rain on Monday, with several areas recording significant rainfall. The India Meteorological Department (IMD) has forecast moderate rains to continue over Mumbai and other regions in the coming hours, signaling ongoing monsoon activity across the area.
US dollar will remain soft this year which is likely to benefit Emerging Market (EM) assets according to a research report by American investment banking firm JP Morgan.
The International Astronomical Centre announced that Eid al-Adha is expected to fall on 6th June in most Islamic countries, with the first day of Dhu al-Hijjah predicted to be 28th May based on moon sighting forecasts.