Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Monsoon advancing to northern states, Guj, Rajasthan

Jul 13 2014, 23:44 IST
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Activity is shifting towards central India and some parts of northwest plains. PTI Activity is shifting towards central India and some parts of northwest plains. PTI
SummaryMany parts of northern India including the national capital as well as central and north-western states...

of rainfall as compared to 282 mm of expected precipitation.

Several parts of north-west India like western Uttar Pradesh and Uttarkhand, Punjab, East and West Rajasthan have received scanty rainfall.

Even parts of central India like Gujarat, parts of central Maharashtra, Marathwada and Vidharba too have received less rainfall.

"Monsoon will be active over south peninsula, along west coast and foothills of Himalayas and many parts of east and northeast India on many days," the IMD said.

The Konkan region and Mumbai have been getting good rains for the past few days.

However, it added that the monsoon activity over western part of the country would be weak for the next 15 days.

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