Rains rally Asia crops in El Nino year, but relief seen short-lived

Last Updated: Friday, June 26, 2015, 09:03

"Australia is dry but we have received some rains on the east coast," the fund manager added.

Enough food stocks to keep prices under check: CEA on monsoon

Last Updated: Tuesday, May 26, 2015, 16:40

At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.

Adequate food stocks to help contain inflation: Arvind Subramanian

Last Updated: Tuesday, May 26, 2015, 15:04

India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.

'Prudent to hold repo rate as upside risks to inflation exist'

Last Updated: Friday, May 22, 2015, 18:08

It might be prudent to hold the policy rate steady for the time being as upside risks to food inflation still persists.

Govt assures of all steps to beat below-normal monsoon

Last Updated: Thursday, May 21, 2015, 15:38

Government is taking all steps to tackle any unforeseen situation arising out of below-normal monsoon this year and states are also alert on the matter, a top official said on Thursday.

El Nino may tie Rajan's hand in medium-term: HSBC

Last Updated: Wednesday, May 20, 2015, 18:03

Foreign brokerage HSBC on Wednesday said the Reserve Bank will go for a 25 bps cut in repo rates in June 2 policy review but the El Nino impact may curtail the prospect of further cuts in the coming months.

HSBC downgrades Indian equities to "underweight"

Last Updated: Wednesday, May 13, 2015, 09:55

HSBC downgraded Indian stocks to "underweight" from "overweight", citing slowing earnings growth, little room for rate cuts and potential negative impact from an unusual weather due to El Nino.

'El Nino risks rising in India this year,to hurt food inflation'

Last Updated: Thursday, April 16, 2015, 12:45

According to the Japanese brokerage firm Nomura, the possibility of El Nino conditions is developing this year and this could possibly push food inflation temporarily higher.

Extreme El Nino events set to double as Earth warms

Last Updated: Monday, January 20, 2014, 11:58

Researchers have revealed that extreme weather events fuelled by unusually strong El Ninos are likely to double in number as Earth warms.

Australia braces for fire danger as heatwave hits

Last Updated: Tuesday, January 14, 2014, 12:09

Australian authorities warned on Tuesday of some of the worst fire danger since a 2009 inferno which killed 173 people, with most of the continent`s southeast sweltering through a major heatwave.

El Nino may be behind melting of Antarctica`s Pine Island Glacier

Last Updated: Friday, January 3, 2014, 19:42

The floating ice shelf at the tip of Pine Island Glacier, one of the biggest routes for ice to flow from Antarctica into the sea, has been melting and thinning for the past four decades causing the glacier to speed up and discharge more ice, researchers say.