Economy & Policy◆ Mixed
TN Monsoon Fury: 14 Killed By Lightning, 62 Landslides Reported In Nilgiris; Tourists Barred From Hill Stations
· NDTV Profit
Families of those killed by lightning will receive Rs 4 lakh in compensation as heavy rainfall disrupts several districts across Tamil Nadu.
The analysis
This is a Monsoon / rural demand event. Rural demand is a large share of staples and two-wheeler volumes, and it tracks the monsoon and support prices with a lag of a quarter or two.