Economic Events Calendar

23 May 2012
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list DOE Cushing OK Crude Inventory
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United Kingdom
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Canada
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Japan
list Bank of Japan Rate Decision (MAY 23)
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IndiaInfoline Economy Monsoon Watch

Monsoon may exceed forecast: IMD

India Infoline News Service / 15:58 , Sep 09, 2010

Rainfall may be as much as 103% of the 50-year average as monsoon may begin its retreat from northwest India only from the third week of this month

The Monsoon may exceed a previous forecast as the withdrawal of the rain-bearing clouds is delayed, the state-run forecaster said.  The June-September rainy season normally begins to retreat from the northwestern parts of the country starting Sept. 1.

Rainfall may be as much as 103% of the 50-year average as monsoon may begin its retreat from northwest India only from the third week of this month, IMD official said.