Barclays assessed easing of monsoon concerns and noted El Nino's food inflation risks in India.
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Updated Jul 7
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What happened
Barclays assessed easing of monsoon concerns and noted El Nino's food inflation risks in India.
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Related events
- RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.
- WMO forecasts strong-to super El Niño odds, prompting Indian Agricultural Research Institute to provide scientific analysis regarding potential impacts on crops like rice and regional food inflation.
- El Nino poses risks to Indian agriculture, while the West Asia crisis impacts the Indian economy, prompting analysis by SBI Capital Markets.
- West Asia crisis highlights India's structural vulnerabilities while strong El Niño threatens agricultural incomes.
- El Nino is causing rainfall deficits across India, while draft bills are anticipated to be introduced in Parliament during the next session.