Southwest Monsoon seasonal (June to September) rainfall over the country as a whole is most likely to be normal, the IMD said
Around 50% of India’s total food output comes in the form of summer crops. A delayed monsoon can lead to supply issues and even accelerate food infl
IMD Director General M Mohapatra said there is cyclonic circulation along the Karnataka coast which is hindering the progress of the southwest monsoon
In India, around 58% of employment comes from agriculture and contributes almost 18% to the country's gross domestic product
RBI Governor Shaktikanta Das said the overall outlook for the economy is highly uncertain and is clouded with downside risks
The monsoon will be 98% of the LPA which is normal rainfall. It is really good news for the country and will help India have a good agriculture output
Skymet has forecast normal monsoon for India; FMCG, auto demand may get a boost