Dabur India, PI Industries could rally 19-26% return on above normal monsoon: Siddhartha Khemka

Dabur India, PI Industries could rally 19-26% return on above normal monsoon: Siddhartha Khemka

The India Meteorological Department (IMD) announced its stage-2 long-range forecast for southwest monsoon 2024. It has retained its outlook of an above-normal monsoon this year. It expects rainfall in the upcoming monsoon to be at an eight-year high of 106% (with an error margin of +/-5%) of the long-period average of 870mm for the four-month … Read more

Indian heatwave highlights temperature ‘record’ checking challenge

Indian heatwave highlights temperature ‘record’ checking challenge

Geneva: The swift announcement that a potentially record-breaking temperature measured this week in India could have been due to a sensor error highlights the challenges in certifying extreme heat. The recording of 52.9 degrees Celsius (127.2 Fahrenheit) in a Delhi suburb on Wednesday — surpassing the national record — was an outlier compared to other … Read more

Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

Mahindra & Mahindra: Mahindra sales up 13% in April at 70,471 units

Mahindra & Mahindra on Thursday said its total wholesales increased 13 per cent year-on-year to 70,471 units in April as compared to the same month last year. The company’s total dispatches to its dealers stood at 62,294 units in April 2023. The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose 18 per … Read more

IMD: April rainfall likely to be above normal over north, northwest, and central parts of India: Dr D Sivananda Pai

IMD: April rainfall likely to be above normal over north, northwest, and central parts of India: Dr D Sivananda Pai

“Only for the monsoon season, we give for entire season forecast. So, as per our forecast, during April rainfall is likely to be above normal over north, northwest, and central parts of the country,” says Dr D Sivananda Pai, IMD.So, break it down for us, how hot is it really going to be like for … Read more