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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14 India’s economic growth journey huge opportunity for international partners: Kwatra From diesel to daylight: How government solar schemes are powering India’s farmers The next energy leap: Replicating ethanol’s success in diesel Delhi EV Policy: Electric 3-Wheelers Only by 2027, 2-Wheelers by 2028 Windfall levy on export bound diesel, ATF raised India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Central Railway to run four special local trains for Ambedkar Jayanti Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Agtech marketing in the age of regional content and creator communities Rajnath Singh, Nitin Gadkari to join 3-day agri event at Shivraj’s home turf, inaugurated today How agripreneurship will drive improved rural livelihoods in India World’s largest tur producer, yet an importer: A self-sufficiency puzzle unfolding on ground Ethanol in diesel generators: India’s next practical step towards energy security How sustainable sourcing can unlock value in India’s agri-value chains West Asia Crisis: Induction cooking may consume 13-27 GW power Govt defers power plant maintenance for three months; 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Monsoon progress held back by dry westerlies as west coast eyes rain revival
Vinson Kurian · 2026-06-15 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Forecasts until Saturday indicate a hesitant revival of the monsoon over Kerala-Karnataka coasts (in light green to corner left). Rains are expected also over East India and parts of North-West India, partly from incoming western disturbances.

Forecasts until Saturday indicate a hesitant revival of the monsoon over Kerala-Karnataka coasts (in light green to corner left). Rains are expected also over East India and parts of North-West India, partly from incoming western disturbances. | Photo Credit: www.tropicaltidbits.com

Dry westerly winds sweeping in from across the international border dominate north and north-west India, blocking south-easterly monsoon flow from the Bay of Bengal and keeping its seasonal advance at a standstill. Forecasts, however, indicate a tentative revival of rainfall along the west coast during the coming week.

Monsoon stalls 

India Meteorological Department (IMD) said on Monday that the northern limit of the monsoon remained unchanged for a week, passing through Harnai and Solapur in Maharashtra; Hyderabad; Bhadradri and Kothagudem in Telangana; Kalingapatnam in Andhra Pradesh; Paradeep and Baripada in Odisha; Purulia in West Bengal; Dhanbad in Jharkhand; and Muzaffarpur in Bihar.

The IMD expects conditions to remain favourable over the next four to five days for the monsoon to advance into more parts of Maharashtra; remaining areas of Karnataka; Telangana; and Andhra Pradesh, as well as West Bengal; Odisha; Jharkhand; Bihar; and parts of south Chhattisgarh, where it has established its presence/

Seasonal trough 

A positive development is establishment of crucial seasonal trough stretching from west Rajasthan to the plains of West Bengal through north-east Rajasthan; north Madhya Pradesh; south Uttar Pradesh; Bihar; and Jharkhand. The trough persisted on Monday and will serve as the key pathway through which moisture-laden south-easterlies from the Bay would potentially penetrate Central and North-West India.

No low-pressure area

A stronger monsoon push requires formation of a low-pressure area over the Bay to energise and deepen the moist south-easterly flow. Current forecasts offer little support for such a system through the remainder of June. While some weather models indicate weak wind convergence along the Andhra Pradesh-Odisha coast, they show no significant development capable of sustaining widespread rain-bearing systems over eastern India.

Adding to the uncertainty are unfavourable upper-air features, including troughs and a western disturbance traversing the region on Monday. These are likely to inhibit the formation of a meaningful Bay system in the near term, delaying any decisive advance of the monsoon into Central and North-West India. 

Published on June 15, 2026