Kharif
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Related Articles from SNS
Government cuts Kharif fertiliser demand estimate on weak monsoon outlook
NEW DELHI: India estimates a lower fertiliser consumption during the Kharif sowing season in the light of IMD’s forecast of below normal monsoon, a top govt official said on Monday, adding the demand for urea is now estimated at 190 lakh tonnes against the earlier projection of 194 lakh tonnes. The demand of Diammonium Phosphate (DAP) — another key soil nutrient — has been lowered to 60 lakh tonnes against the earlier estimate of 66 lakh tonnes. Aparna Sharma, additional secretary in...
Monsoon arrives in Kerala, after 3-day delay
The southwest (summer) monsoon set in over Kerala on Thursday, three days after its normal onset date, India Meteorological Department (IMD) said. The monsoon normally arrives in Kerala on June 1, marking the beginning of the four-month rainy season as well as kharif crop sowing operations in India. This is only the second time in the past 22 years that IMD's operational forecast of the monsoon's onset date over Kerala has been off the mark - the Met department had earlier predicted May 26...
Like Indonesia, India's central bank may hike rates to defend its currency
India's central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Friday. The majority of economists polled by CNBC expect the Reserve Bank of India to keep rates unchanged at 5.25% while signaling a rate hike may only occur towards the end of the year. A minority expect policymakers to act at this week's meeting in a bid to anchor the rupee, which has depreciated to record lows against the dollar.
WMO's El Nino alert raises odds of severe impact on monsoon
Fuelled by unusually warm waters in the Pacific, El Nino is rapidly developing and is set to impact global temperature and rainfall patterns, increasing risk of extreme weather in coming months, World Meteorological Organisation warned on Tuesday in an update that points to an "80% likelihood of El Nino forming in June-Aug". This makes it almost certain that the conditions would severely weaken India's monsoon and turn June hotter than normal, as predicted by IMD last week. While there's...