The depression over Bay of Bengal brings good tides. Several areas in coastal Tamil Nadu have received heavy rainfall forcing authorities to declare a rain holiday. Rains in the middle of summer has given the much-needed respite for the farmers.
Due to a newly formed depression over the Bay of Bengal, coastal areas in Tamil Nadu and Puducherry might receive heavy rainfall over the next 48 hours. This would come as a pleasant respite considering that the north-east monsoons did not bring too much of ra...
Manishi Raychaudhuri, managing director of BNP Paribas, says to achieve the targeted growth, as predicted in the Economic Survey Report 2012-13, one basic piece of puzzle, investment, needs to be in place. Otherwise, the growth is more ambitious plan than a re...
IMF's top economist Olivier Blanchard admits that the austerity forecasts were wrong. Marco Pietropoli, a financial adviser and wealth manager, says it is not the people's fault and it is the government's mistake that it overspent.
Delhi and the NCR regions continue to be covered by thick fog. Trains are running almost 12 hours late. Some trains are being diverted. Across North India, cold and fog have increased difficulties for people. The minimum temperatures have dropped due to wind v...
Delhiites should brace for some really cold weather. If the temperature in November is anything to go by, then months of December and January could see mercury dip further. Across Kashmir too, snowfall has come in early. Is it just the westerly disturbances to...
Peter Lavelle discusses how global economies are again slipping back into recession after just two years of clawing out of one. Cross Talk with Seijiro Takeshita, Martin Hennecke and Chris Cutrone over the IMF report that cuts down 2012 global growth forecast ...
It is a dire warning. Each degree increase in the temperature of the earth is going to spell disaster for our plant. And when the increase is as much as six degree, there our green planet could be a huge disaster. And this six degree could well mean the end of...
Global ratings agency Standard & Poor's lowers its 2012 GDP growth forecast for India. S&P lowered the GDP growth forecast to 5.5 percent citing weak monsoons and investor sentiments.
The skies which were cloudy in the morning have cleared up, just right for the start of the second, and the last, T20 match at Chennai. Fans are eager to see Yuvraj Singh play, with his 'debut' match at Visakahapatnam being a washout due to the rains. It is In...
It has been a unpredictable weather in Chennai. It has been raining, cloudy and sunny in parts, leading cricket fans to wonder if today's T20 match will be another washout like the one at Visakhapatnam.
Even as the rainfall over the last few weeks has trouble for Delhi, Rajasthan, Haryana and Madhya Pradesh has created a havoc, there is more rainfall to come. The Meteorological department has predicted more rainfall for Gujarat, Haryana, north India and Punja...
Mumbai's Marine Drive is a sight to watch. The rainfall that has lashed the city for the last few days and also the expectations of high tide has led to huge waves that crash with loud spalsh across the Drive. But elsewhere the high tide could lead to a blow b...
Delhi Chief Minister Sheila Dixit oblivious to the traffic woes of the capital says that rain is better than drought. She says that traffic jams are 'ok' and completely ignores the water logging woes that have been hounding the city for a while.
A heavy downpour in Delhi results in the city coming to a complete standstill. Long traffic jams can be seen everywhere including Dhaula Khan, Chanakyapuri, and Bhikaji Cama place. The city remains waterlogged and people are stranded helplessly.
Floods and overflowing rivulets have battered life in coastal Andhra Pradesh, specially in areas near Eluru. The cyclonic depression in the Bay of Bengal has left in its wake rains and floods. Here is the forecast for coastal Andhra Pradesh and Telangana over ...
No respite for the common man; merely the doom of growing inflation. Despite price rise concerns, the RBI has left the repo rate and cash reserve ratio unchanged in its annual credit policy review due to high inflation and slow growth. It has also lowered the ...
Despite price rise concerns, the RBI has left the repo rate and cash reserve ratio unchanged in its annual credit policy review due to high inflation and slow growth. It has also lowered the growth forecast for the Financial Year 2013 down to 6.5 per cent fro...
The International Monetary Fund slashes down India's growth forecast from 6.9% to 6.1% for the fiscal year 2012. This comes as yet another embarrassment for India after US President Barack Obama stated that India does not have investor friendly climate. Even a...
The Met department has warned of heavy rainfall across coastal Andhra Pradesh in the next 24 hours, due to a cyclonic formation off the Odisha coast. But in other areas, farmers are anxious about lack of rainfall so far.
Rains lashed the state on Sunday, right from Bapatla to Mahabubnagar. The met department says more rains are expected across the state in the next 24 hrs due to weather condition in north Bay of Bengal.
Shudders run down the Indian economy spine as top investment bank, Morgan Stanley, cuts India's growth forecast to 5.8 per cent at a time when the country's growth momentum has already taken a beating.