monsoon – The News Desk

Petrol sales shake off monsoon blues in September but diesel still underwater

2Oct

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Business

Petrol sales shake off monsoon blues in September but diesel still underwater

NEW DELHI: India consumed 3% less diesel in September than a year ago as the fading monsoon strains in several parts of the country dampened demand but the pace of growth in petrol sales gathered steam at 5.4% on record car sales, preliminary industry data shows.Sequentially, however, diesel sales posted a growth of 2.5% and petrol 5.6% over August, indicating the positive underpinnings needed for demand to rebound.Diesel sales, a key indicator of economic activities, have been in the slow lane since the onset of the monsoon in June. This is a seasonal phenomenon as rains disrupt demand from the construction and agriculture sectors while flooding in parts of the country hampers movement of people and goods.Petrol sales have managed to stay in the positive zone on people’s continued prefer...

India sees driest August since 1901, Sept rains could be ‘normal’: IMD

31Aug

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Business

India sees driest August since 1901, Sept rains could be ‘normal’: IMD

After the driest August since 1901, the India Meteorological Department (IMD) held out some hope on Thursday, saying that the average rainfall in September is expected to be ‘normal’, in the range of 91-109 per cent of the long-period average (LPA) of 167.9 mm. September accounts for about 19 per cent of the total seasonal rainfall. Cumulatively, though, the unusually weak August month has ensured that even if the rainfall in September is towards the higher end of the band (say around 109 per cent of the LPA), the seasonal rains would be ‘below normal’. For the June-September period, rainfall between 96-104 per cent of the LPA is considered ‘normal’. A revival of monsoon is badly needed for standing kharif crops, especially in states like Maharashtra, ...

Quench your thirst with these healthy drinks this monsoon

30Jul

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Entertainment

Quench your thirst with these healthy drinks this monsoon

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Kharif sowing falls 9% even as rains pick up across most parts of India

7Jul

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Business

Kharif sowing falls 9% even as rains pick up across most parts of India

The acreage under kharif crops was almost 8.6 per cent less year-on-year (YoY) until the week ended Friday, despite a pick-up in monsoon rainfall across most parts of India. Acreage is significantly down for kharif crops like rice, pulses (arhar or tur, and urad), soybean, and cotton. But, with monsoon rainfall showing a strong uptick since the middle of last month, there is hope the YoY gap in acreage with respect to some major crops will shrink in the coming weeks. Also, if sowing takes during the ideal planting period, the drop in yields may not be significant. In total, kharif crops are planted in around 101 million hectares (mn ha); sowing was over in 35.34 mn ha until Friday (approximately 35 per cent) Therefore, rainfall in the remaining weeks of July and also ...