Can better weather forecasts help cool inflation? India is betting on it
Rajesh Sharma
TIMESOFINDIA.COM
May 30, 2025, 17:39 IST IST
A high-resolution weather model and supercomputing muscle are helping India decode the most unpredictable force driving its economy — the monsoon
In a country where a failed forecast can mean failed crops, and heavy rains in the wrong place can upend lives, getting the weather right isn't just a matter of convenience — it's a matter of national importance.
India has now taken a major step in this direction with the launch of the Bharat Forecasting System ( BFS ), the world's most detailed global weather model.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
17 hours ago
- Economic Times
This Bangalore-based professional can save Rs 70k income tax just by switching to new tax regime
WRITE TO US FOR HELP Bengaluru-based Avinash Tandon is a finance professional. He has chosen the old regime because he has a joint home loan with his wife and invests in many tax-saving instruments, including ELSS ( equitylinked savings scheme ) funds and the National Pension System (NPS). He pays a high tax as his salary structure is not he will save more if he shifts to the new tax regime . The new regime offers no deductions and exemptions, but the standard deduction is higher at Rs.75,000, and tax slabs are wider, with lower rates. Even if no deductions are available, there is room for tax savings. He is already contributing 14% of his basic salary to the NPS, which is tax-free under the new regime (10% of basic salary under the old regime), and he should continue with has also invested about Rs.4 lakh in fixed deposits and NSCs ( National Savings Certificates ), and earns an interest of Rs.30,000 on these. To save tax, he should switch from these investments to debt funds or arbitrage schemes. While the interest income is taxed every year, in debt and arbitrage funds it is applicable only at the time of withdrawal. This can reduce his tax liability by Rs.9, has also made long-term capital gains of Rs.2.5 lakh from stocks and equity funds . Regular harvesting of capital gains to remain within the tax-free limit of Rs.1.25 lakh can help reduce tax he can reduce his overall tax by more than Rs.70,000 by shifting from the old to the new tax regime Paying too much tax? Write to us at etwealth@ with 'Optimise my tax' as the subject. Our experts will tell you how to reduce your tax by rejigging your pay and investments.
Time of India
17 hours ago
- Time of India
This Bangalore-based professional can save Rs 70k income tax just by switching to new tax regime
WRITE TO US FOR HELP Bengaluru-based Avinash Tandon is a finance professional. He has chosen the old regime because he has a joint home loan with his wife and invests in many tax-saving instruments, including ELSS ( equitylinked savings scheme ) funds and the National Pension System (NPS). He pays a high tax as his salary structure is not he will save more if he shifts to the new tax regime . The new regime offers no deductions and exemptions, but the standard deduction is higher at Rs.75,000, and tax slabs are wider, with lower rates. Even if no deductions are available, there is room for tax savings. He is already contributing 14% of his basic salary to the NPS, which is tax-free under the new regime (10% of basic salary under the old regime), and he should continue with has also invested about Rs.4 lakh in fixed deposits and NSCs ( National Savings Certificates ), and earns an interest of Rs.30,000 on these. To save tax, he should switch from these investments to debt funds or arbitrage schemes. While the interest income is taxed every year, in debt and arbitrage funds it is applicable only at the time of withdrawal. This can reduce his tax liability by Rs.9, has also made long-term capital gains of Rs.2.5 lakh from stocks and equity funds . Regular harvesting of capital gains to remain within the tax-free limit of Rs.1.25 lakh can help reduce tax he can reduce his overall tax by more than Rs.70,000 by shifting from the old to the new tax regime Paying too much tax? Write to us at etwealth@ with 'Optimise my tax' as the subject. Our experts will tell you how to reduce your tax by rejigging your pay and investments.
Economic Times
a day ago
- Economic Times
At least 7 killed in landslides in J&K's Kathua; 11 injured
Synopsis Heavy rains triggered landslides in Kathua district of Jammu and Kashmir, resulting in the tragic death of seven people, including five children, and injuries to eleven others across Jodh Ghati and Bagra villages. The calamity followed a recent cloudburst in Kishtwar, where rescue operations continue amidst a rising death toll. Authorities are providing assistance and initiating restoration efforts. Srinagar: Seven persons were killed and 11 other injured in two separate incidents of landslides on Sunday morning in Kathua district of Jammu and calamity struck Jodh Ghati village of Rajbagh and Bagra village of Janglote where seven members of four families were killed, including five children. Heavy rains that continued overnight also triggered landslides in Changda village of Kathua and Dilwan-Hutli in Lakhanpur but no major damage was reported from the area. The rains submerged several low-lying areas in the district and the railway line passing through Kathua was also shut. This fresh string of cloudbursts and landslides in Kathua came a few days after a cloudburst triggered flash floods in Chisoti village in Kishtwar district on August 14, at least 60 people dead, more than 100 injured and several people Kathua, the roads leading to the affected villages were damaged and washed away in some places, and all the rivers and canals in the area were flowing above the danger mark on Sunday. The officials of the district administration as well as disaster management teams had to walk several kilometres to reach the affected villages."Continous rains triggered landslides and all the houses in these areas were buried under the debris of mud, sand and stone from the nearby hill. Seven persons were killed and 11 others injured in two villages. We have performed the last rites of all the people killed and our teams are working on the restoration plan," deputy commissioner of Kathua Rajesh Sharma told ET. Union home minister Amit Shah spoke to lieutenant governor of J&K Manoj Sinha and chief minister Omar Abdullah on the cloudburst in Kathua and assured all support from the central government. Abdullah announced ex-gratia assistance to the deceased from the CM's relief Ops Continue in ChisotiMeanwhile, the rescue operation in Kishtwar continued for the fourth day on Sunday, even as the death toll continued to increase and several people remained missing. "Our rescue and rehabilitation operations continue. Death toll has reached 61 and several injured people have been sent home after treatment," deputy commissioner of Kishtwar Pankaj Kumar told Jammu-based White Knight Corps of the Indian Army said that it had intensified rescue and relief efforts in Chisoti village and that the Army's engineer bridging teams along with equipment had started construction of a bridge at the site of Chisoti Nala.
