The India Meteorological Department (IMD) highlighted that the "deep depression" over East Rajasthan and adjoining West Madhya Pradesh is likely to move westward to reach the Saurashtra region and the adjoining areas of Pakistan, North East Arabian Sea by August 29.
Keeping in view the forecast of heavy to very heavy rains made by the Meteorological Department in Gujarat, a review meeting was held at the State Emergency Operation Center under the chairmanship of Chief Secretary Rajkumar.
The India Meteorological Department (IMD) issued an alert on Sunday, predicting heavy rainfall in Odisha over the next three days due to a trough extending from South Uttar Pradesh to the Bay of Bengal.
The gap between credit growth and deposit growth at Indian banks is largely driven by households shifting their savings to relatively high-return investments, said Tusharika Aggarwal, a dividend forecasting research analyst at S&P Global Market Intelligence.
The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal year, is attributed to a slowdown in acquisitions and a steady rate of redemptions.
The Reliance Foundation signed an MoU with the India Meteorological Department (IMD) under the Ministry of Earth Sciences in New Delhi this week, for greater collaboration in access and application of weather information to improve livelihoods and resilience for climate-vulnerable communitie
The weather department has forecast rain showers accompanied by storms and lightning adding that monsoon winds are expected to enter upper and middle areas of the country.
The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.
A recent report by Moody's warns that the ongoing curfews in Bangladesh could severely harm the country's economy, potentially bringing it back to levels seen during the pandemic.
In view of the heavy rainfall, authorities in Rajasthan have announced that all government and non-government schools in Jaipur city and Jaipur rural areas, from classes 1 to 12, will be closed on Monday, August 12.
A red alert has been issued in Sawai Madhopur, Karoli and Bharatpur. Heavy to very heavy rainfall is predicted alongwith thunderstorms at isolated places in these areas. As per the IMD, waterlogging is also expected in the areas which could affect the daily lives of the people.