MUMBAI India's monsoon has progressed more slowly than usual after hitting the southern state of Kerala nearly a week late. Monsoon rains have been 44% lower-than-average so far in June, delaying the sowing of summer-sown crops and raising concerns that parts of the country could face a worsening drought.
MUMBAI Planting of summer-sown crops in India such as soybean, cotton, rice and corn has been delayed by at least two weeks because of the slow progress of monsoon rains in central and western parts of the country, raising concerns over lower production.
MUMBAI/BENGALURU Physical gold discounts in India widened to their biggest in five months this week as an upsurge in local prices dampened purchases, while China and Singapore saw demand rise from investors looking to hedge against a global slowdown.
* Premiums in China rise to $10-$12.50/oz vs $7-$10 last
MUMBAI A powerful cyclone that threatened the western Indian state of Gujarat, has changed course and it is now expected to just brush past the coast, authorities said on Thursday, although ports and coastal airports remained shut.
MUMBAI India's sugar production could fall as much as 15% in 2019/20 from the year before as severe drought hits a key growing region, industry sources told Reuters.
* Output seen at 28 to 29 mln T in 2019/20 vs 33 mln T yr
MUMBAI India evacuated hundreds of thousands of people to shelters along the coast in its western state of Gujarat as a cyclone gathering intensity over the Arabian Sea was expected to hit land on Thursday. | Video
HARIDWAR, India Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high.
MUMBAI Indian authorities are preparing to evacuate 300,000 people along the western coast as a severe cyclone is expected to make landfall on Thursday morning in the state of Gujarat.