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Monsoon

It’s raining good news for the economy

It’s raining good news for the economy
It’s raining good news for the economy
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Synopsis

The onset of monsoon has revived hopes for a good harvest and an eventual moderation of food inflation.

The southwest monsoon finally resumed its advance last week, covering almost the entire country reviving hopes for a good kharif season which eventually could lead to the moderation of food inflation. The southwest monsoon set in over Kerala two days before the usual and a day before the forecast date of May 31. It simultaneously made its onset over the northeastern parts of the country. With this, the area under kharif sowing increased by over
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The Economic Times