The Indian Meteorological Department predicts above-average monsoon rainfall in 2024, estimated at 106% of the long-term average. The weakening El Nino is expected to transition to a neutral phase by the onset of the monsoon, while La Nina conditions may develop later. Private agency Skymet also forecasts a 'normal' monsoon. Monsoon forecasts play a crucial role in influencing inflation rates, with normal rainfall favoring controlled inflation. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
