New Delhi, June 3 (IANS) Delhi-NCR will witness a week of thunderstorms and rainfall, according to the India Meteorological Department (IMD). The Met department has predicted that temperatures in the city will remain below 40 degrees Celsius until June 5. Meanwhile, on Tuesday, Delhi recorded a maximum temperature of 37.7 degrees Celsius — which is 2.3 degrees Celsius below normal. The last few days of relatively mild weather across the city gave slight relief to the residents.The IMD data show…
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Mumbai, May 30 (IANS) The Indian equity benchmarks posted notable losses during the week due to sustained FII selling and below-normal monsoon forecast, causing fears of food inflation.Nifty lost 0.72 per cent during the week and dipped 1.50 per cent on the last trading day to reach 23,547. At close, Sensex was down 1,092 points or 1.44 percent at 74,775. It declined 0.85 per cent during the week.Large caps remained under pressure even as the broader market demonstrated meaningful resilience as …
Mumbai, May 29 (IANS) Indian equity benchmark indices ended sharply lower on Friday after a volatile trading session, as uncertainty surrounding a possible US-Iran understanding triggered heavy selling in the final hour of trade.The Sensex closed at 74,775.74, down 1,092.06 points or 1.44 per cent, while the Nifty settled at 23,547.75, declining 359.40 points or 1.50 per cent.The Nifty witnessed sharp swings during the session, touching an intra-day high of 24,002.80 before falling to a low of 2…
New Delhi, May 26 (IANS) The ongoing spell of intense heat and heatwave conditions is expected to continue across Delhi-NCR for the next three days, with the India Meteorological Department (IMD) issuing a ‘yellow alert’ for the region on May 26 and 27. According to the latest forecast, the maximum temperature may touch 44 degrees Celsius during this period, while the minimum temperature is likely to remain between 30 and 31 degrees Celsius. The Meteorological Department has advised resident…
Hyderabad, May 24 (IANS) Heatwave has so far claimed 16 lives in Telangana, officials said on Sunday, as the state continued to reel under severe weather conditions with several parts of north Telangana recording temperatures exceeding 45 degrees CelsiusThe state government has confirmed 16 deaths in seven districts. It announced compensation of Rs 4 lakh each for the families of the deceased. Revenue Minister Ponguleti Srinivas Reddy, who reviewed the situation due to intense heatwave condition…
New Delhi, May 23 (IANS) After days of relentless heat and scorching temperatures, light rain and cloudy skies on Saturday morning brought temporary relief to residents of Delhi and the National Capital Region (NCR). The sudden change in weather brought smiles to many faces as parts of the city witnessed dust storms, gusty winds, and intermittent rainfall, offering a short respite from the prevailing heatwave conditions. Delhi is currently experiencing highly unstable pre-monsoon weather conditi…
Bhopal, May 22 (IANS) The India Meteorological Department has issued a strong warning of an intense heatwave prevailing across Madhya Pradesh for the next five days, with red and orange alerts sounded in several districts. As temperatures continue to soar above 44 degrees Celsius in many parts of the state, the Meteorological Centre in Bhopal has cautioned residents, especially vulnerable groups, to take immediate precautions against heat-related illnesses.The bulletin issued on Friday highlight…
New Delhi, May 22 (IANS) Scorching heatwave conditions continued to trouble residents across Delhi-NCR on Friday, with the India Meteorological Department (IMD) issuing an orange alert for the national capital and adjoining regions. The whole region has reported a sharp rise in temperatures over the past few days, making outdoor activities increasingly difficult for people.A jogger told IANS, “The heat has increased significantly compared to earlier days. The weather used to be pleasant in the…
Mumbai, May 21 (IANS) Agricultural commodity exchange NCDEX has launched RAINMUMBAI, India’s first SEBI-approved, exchange-traded weather derivatives contract, which will be introduced on May 29.The contract is designed to convert monsoon variability from an unpredictable challenge into a measurable, manageable and tradable financial risk within a regulated framework, the exchange said.Weather derivatives are financial instruments that help users manage risks arising from adverse or unexpected…
New Delhi, May 21 (IANS) The scorching summer heat has made life extremely difficult for people in the national capital and surrounding areas, with Delhi-NCR reeling under intense heatwave conditions.In its latest night weather bulletin, the India Meteorological Department (IMD) warned that the mercury in Delhi could touch a dangerous 47 degrees Celsius on Thursday. Amid the continuously rising temperatures, the weather department has maintained a strong heatwave alert for the capital.The bigges…