India’s thermal coal imports slip to 12-month low in August

India’s thermal coal imports declined to a 12-month low in August 2024, reflecting the seasonal weak point in energy demand as widespread monsoon rains introduced down temperatures and the necessity to run cooling tools. Widespread rains, significantly within the north and northwest components of the nation, pushed up hydropower era and lowered the demand on … Read more

International banks count on RBI to maintain charges unchanged in October MPC assembly 

International Banks count on the Reserve Financial institution of India’s (RBI) Financial Coverage Committee (MPC) to maintain the benchmark repo fee unchanged at 6.5 p.c of their upcoming October 7 – 9 assembly.  Whereas they’re anticipating a financial stance change subsequent month, the banks consider that the MPC assembly in December will see each a … Read more

Melancholy delivers very heavy rain to soaked Rajasthan, Madhya Pradesh 

Wednesday’s melancholy over northwest Madhya Pradesh appeared to have overstayed its welcome because it dumped heavy to very heavy rain on a soaked Rajasthan. The meteorological subdivision of West Rajasthan has obtained a big extra of 79 per cent rain over the long-period common until date whereas East Rajasthan ran up not too far behind … Read more

2024 set to change into the warmest 12 months on document, says European climate company

Globally, the common temperature between September and December must drop by at the least 0.30°C for 2024 to not change into the warmest 12 months on document, the Copernicus Local weather Change Service (C3S) has mentioned.  “The common anomaly for the remaining months of this 12 months would wish to drop by at the least … Read more

India predicts ample monsoon rain subsequent month in increase to crops

India is forecast to obtain above-normal rains within the final month of the June-September monsoon season, brightening prospects for a bumper harvest for crops similar to rice and soybeans. Precipitation is anticipated to be greater than 109 per cent of the long-term common of 167.9 millimetres (6.6 inches), Mrutyunjay Mohapatra, director normal of the India … Read more

Main Indian reservoir storage rises for ninth week in a row

The water degree within the 155 main reservoirs within the nation continued to rise for the ninth week in a row with the rainfall in the course of the present south-west monsoon growing by 7 per cent over regular precipitation. Knowledge from the Central Water Fee (CWC) mentioned the foremost reservoirs had been crammed to … Read more

Storage in India’s key reservoirs rises for sixth week in a row

The storage degree within the 150 main Indian reservoirs elevated for the sixth consecutive week due to a 44 per cent surplus rainfall within the first week of August, information from the Central Water Fee (CWC) confirmed. In its weekly bulletin on the standing of the key reservoirs this week, CWC stated the extent within … Read more

India’s key reservoirs’ storage tops 50% of capability after 5 months

For the primary time in 5 months, the storage scenario in India’s 150 main reservoirs topped 50 per cent of the capability with the south-west monsoon starting to cowl extra components of the nation, knowledge from the Central Water Fee (CWC) confirmed. The key reservoirs are filling up quick with all 5 areas seeing a … Read more

July clocks 9% surplus rainfall pan-India, however below-normal in north-west

Following a revived monsoon for the reason that final week of June, a number of elements of the nation have recovered from the rain deficit recorded within the first month of the June-September season, pushing the countrywide rainfall tally 2 per cent above regular. Nonetheless, north-west India — comprising key food-crop rising states like Uttar … Read more