BofA warns on retail inflation outlook in India amidst El Niño's impact on monsoon rainfall and local business activity.
Steady: 1 development in the last 24 hours, 1 in the last 7 days
Updated 54 minutes ago
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What happened
BofA warns on retail inflation outlook in India amidst El Niño's impact on monsoon rainfall and local business activity.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.BofA upgraded hospitals/telecom sectors and flagged El Niño as a geopolitical development in its India outlook.1 source
- Market stability in Bangladesh is being assessed amid climate disruptions caused by El Niño, leading buyers to seek suppliers in India.Sub-event
Rory Green warns of India's high exposure to risks due to El Niño's hotter, drier conditions.1 source
BofA issues inflation warnings for India as El Niño affects monsoon patterns.1 source
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The entities involved
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Bank of America
American multinational banking and financial services corporation
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El Niño
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