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Economy News, Latest Economic News Today | The HinduBusinessLine

Three-day transport strike begins in Delhi Wind and solar overtake gas in global electricity generation for first time in April India’s coal stock position comfortable as power demand hits new record India accelerates electric bus and truck adoption with stakeholder consultation Strawberry farming boosts income in Gujarat’s Dang as production rises 65% in three years India tea industry under pressure despite record 280 million kg exports, ITA flags concerns India and Italy elevate ties to special strategic partnership, target €20 billion trade by 2029 Core sector growth rises to two-month high of 1.7% in April led by steel and cement Grain commerce platform Arya.ag adds onion to list of commodities it funds No change in user development fees at Navi Mumbai airport for FY 27 Surat FPO turns cow-dung based bio-inputs into natural farming business Maharashtra tops vehicle sales in FY26, Uttar Pradesh in two-wheelers Commerce Dept maps import substitution, export push amid West Asia concerns Heavy Industries Ministry consults industry to speed up e-buses, e-trucks Milma to hike milk price by ₹4 per litre from June 1 Leather exports dip 1.6% in FY26 amid US tariffs, West Asia crisis Southwest Airlines to expand India global centre to 1,000 employees, executive says Wagh Bakri warns of sharp hit to West Asia exports, delays tea shipments by 45 days CAG offered its initiatives to CCI to discharge its responsibility more effectively Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA FMCG industry could see volume growth softening if higher crude oil prices, weather stress persist Centre ready in principle for 50:50 funding of Hyderabad Metro phase II: Kishan Reddy Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRA Higher global prices, tighter imports to boost India’s oilseed production: SEA UN cuts India's 2026 GDP forecast to 6.4%, still among fastest-growing economies Air New Zealand sees strong growth from India, improves access via Singapore CAG urges AI-driven monitoring to detect corruption and bid rigging in government tenders Kanan Devan appoints Mathew Abraham as CMD; Amir Abbas Khan, new ED India-Italy relations at decisive stage, expanded with unprecedented momentum: Modi & Meloni Fuel price hike may create near-term pressure on food and quick commerce deliveries: Report India weighs $1 Billion aid for private electric buses, trucks IFAD and India strengthen partnership on sustainable rural development MRPL gets PNGRB nod for ATF pipeline to Bengaluru airport India, Nordic nations elevate ties to Green Technology and Innovation partnership Indian govt to launch soil health awareness campaign for a fortnight from June 1 Petrol, diesel prices raised for second time within a week Maersk chairman meets PM Modi in Sweden, commits deeper partnership with India Italy and India: A Strategic Partnership for the Indo-Mediterranean Maharashtra signs 25,400 MW nuclear MoUs, triple India’s existing atomic capacity Not just crude, edible oils too see high inflation; no relief in sight Putin to travel to India in September to attend BRICS Leaders’ Summit Fertiliser Association of India asks stakeholders to explore potential of bio-fertilisers India-EU FTA: Quality compliance must for Indian exporters but trade restrictiveness can be challenged Geopolitical risks an opportunity for faster reforms, says Commerce & Industry Minister Goyal Maharashtra signs 25,400 MW nuclear MoUs, triple India’s existing atomic capacity Salam Kisan aims 100 agri-drone hubs to deliver farming solutions SWISS International Airlines introduce Bengaluru to Zurich nonstop flights Downside risks to economy have begun materializing with West Asia conflict: Crisil Gujarat tops investment rankings as five states corner half of India’s GDP, report finds India soymeal exports to fall to four-year low on rising prices West Asia crisis, weather headwinds to moderate India’s FY27 growth: Rating agencies RBI set to pay government record dividend to cushion war shock Kotak warns of massive fuel under-recoveries despite recent ₹3/litre price hike IIL launches GRANUVIA insecticide for paddy farmers India-EU FTA built on 20 key pillars, to boost trade, investment: Commerce Ministry official ICRA lowers India’s FY27 GDP growth estimate to 6.2% India’s peak power demand hits record high of 257.37 GW Indian Railways approves ₹993 crore Arakkonam-Chengalpattu doubling project Supreme Court asks SpiceJet to move Delhi HC for extension of time to deposit ₹144 crore Indian cardamom exports regain aroma amid West Asia tensions Duty-free inflows from Nepal push India’s edible oil imports up 3% in FY26 India to monitor Boeing fuel-switch test tied to Air India London incident, documents show LPG supply disruption pulls India’s March petroleum product imports to 8-year low Railways approves ₹993 crore Arakkonam-Chengalpattu doubling project to boost Chennai Suburban Rail network Indian airlines plead with oil majors to postpone jet fuel hikes India's CAD projected to rise to 2.2% of GDP amid oil pressures: Crisil Coal gasification can raise India's resource security amid decarbonisation uncertainties: Report Delhi taxi drivers' unions to go on 3-day strike from May 21 demanding fare hike India prepares national rollout of water metro transport system across 18 cities PM Modi invites Norwegian companies to invest in India MPEZ approves new projects worth ₹450 crore in Tamil Nadu Industry meet in Bangkok to address logistics challenges Airfares across domestic, international routes rise sequentially since March Plans afoot to set up Basmati promotion board on lines of other commodities bodies Current account deficit to widen to 2.3% of GDP in FY27 from 0.9% in FY26: Report India to continue purchasing Russian crude notwithstanding US sanctions Public sector banks, insurers, financial institutions told to implement austerity measures Soluble Fertilizer Industry Association launches Research Contest for academic community Wait for next GST Council meeting continues Industry meet in Bangkok to address logistics challenges Industry must aim for import-substitution, gear up for $1 trillion export target: Goyal Ground staff strike in Mumbai hits Air India flights, 15 flights delayed ‘India buys Russian oil irrespective of US sanctions or waivers’ How India’s LPG shortage is driving up California’s gasoline prices Chandrababu Naidu asks Centre to resolve crises faced by aqua, tobacco farmers Indian scientists create world’s first AI-designed gene editor for crops BEE showcases India’s low-energy housing model in Baku amid energy conservation push ITC’s high-value spice cultivation benefits over 31,800 spices farmers GMR Hyderabad International Airport commissions cargo terminal 2 FCI to raise ₹50,000 crore short-term loan for foodgrain operations India-EU FTA to create new opportunities for industries, investors, innovators: Modi Sikkim govt rolls out odd-even vehicle restriction norm to save fuel New fuel-efficiency rules, global testing systems could raise car prices, lower mileage India poised for strong growth revival despite global risks: Morgan Stanley Urban areas to contribute 70% of India's GDP growth by 2036: Report High-level inquiry committee set up to probe fire in Rajdhani Express: Railway Board WPI inflation crossing 10% mark not a tail risk but a near-term base case: Report Global rice prices poised to gain on deficit, geopolitical crisis and weather concerns Rail-led industrial corridors Liquid bulk cargo keeps Mangalore port busy
IMD Alert: Kerala to witness pre-monsoon rain peak from Wednesday
2026-04-17 · via Economy News, Latest Economic News Today | The HinduBusinessLine
European Centre for Medium-Range Weather Forecasts has consistently predicted looming thunderstorms over Kerala from Wednesday next.

European Centre for Medium-Range Weather Forecasts has consistently predicted looming thunderstorms over Kerala from Wednesday next. | Photo Credit: www.windy.com

A sole silver lining in an otherwise bleak, El Niño-shadowed monsoon outlook lies in the steady assessment of the European Centre for Medium-Range Weather Forecasts that points to a possible intensification of pre-monsoon thunderstorms over Kerala, an early portent of a timely onset of the south-west monsoon. 

Thunderstorm activity is set to gather urgency over the south-western state around April 22 (Wednesday next), roughly 40 days ahead of the normal June 1 onset of the monsoon in Kerala.

These spells are expected to culminate in what in weather parlance is known as ‘pre-monsoon rain peak’ during the crucial 40-day window. 

Rain-bearing clouds

A timely initiation of this phase is widely seen as critical to ensuring an on-schedule onset of the monsoon at the close of the window.

The pre-monsoon peak typically manifests as a rain-bearing cloud band stretching eastward from Kerala into the Bay of Bengal. Satellite imageries from the European Centre for Medium-Range Weather Forecasts projected that this band is likely to take proper shape from Wednesday, 

These thunderstorms may gather strength through the subsequent seven-day period and persisting into the end of the month. Meanwhile, the Kal Baisakhi thunderstorm season is in full swing over East and North-East India with north-westerly winds blasting in and feeding on moisture from the Bay of Bengal. 

The ‘Kal Baisakhi’ thunderstorm season is in full flow over North-East India and Bangladesh marked by thunderstorms, lightning and hail

The ‘Kal Baisakhi’ thunderstorm season is in full flow over North-East India and Bangladesh marked by thunderstorms, lightning and hail | Photo Credit: www.windy.com

Ring of fire

Abundant moisture is set to fuel the ensuing “ring of fire” of lightning, hail and thunderstorms. The associated winds have already triggered storm activity across parts of the hills and plains of north-west and east India, offering a measure of relief from the blistering heat.

The brief respite, however, is expected to last no more than a couple of days, with temperatures poised to climb again in the days immediately thereafter.

Heat wave conditions

India Meteorological Department (IMD) has forecast heatwave conditions in isolated pockets of Madhya Pradesh, Vidarbha, Chhattisgarh, Marathwada, Madhya Maharashtra, Rayalaseema and Telangana on Saturday; over Odisha for next three days from Saturday; and over Jharkhand for three days from Sunday.

Hot and humid conditions are also likely to prevail in isolated pockets over Odisha during next six days; over Coastal Karnataka and Tamil Nadu for next four days; over Kerala and Mahe, Coastal Andhra Pradesh and Yanam for next three days; and over the plains of West Bengal, for five days beginning Sunday. 

Published on April 17, 2026