- The Reserve Bank of India monitors macroeconomic fundamentals, noting that El Nino poses downside risks to agricultural output.
- The Reserve Bank of India's actions, including rate cuts, are being influenced by global economic pressures stemming from the West Asia conflict and the potential impacts of El Niño on agriculture.
- El Nino and geopolitical costs from the Middle East are weighing on India's economic outlook, specifically impacting GDP growth and exports.
Indian businesses reported double-digit volume growth while closely monitoring El Nino's impact on the monsoon.
3 reports, 2 independent
Updated Sep 7
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What happened
Indian businesses reported double-digit volume growth while closely monitoring El Nino's impact on the monsoon.
Who's involved
What this event is mainly aboutKeep exploring
Part of
El Nino and geopolitical costs from the Middle East are weighing on India's economic outlook, specifically impacting GDP growth and exports.Also in this story
- India's middle distillate exports to Europe remain robust despite geopolitical tensions in the Middle East.
- Dabur reports on its Indian market growth story while facing headwinds from El Nino and Middle East supply chain disruptions.
- CRISIL analyzed India's industrial production growth, noting that El Nino and West Asia conflict risks are tempering economic output.
The entities involved
- India
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Marico
Indian consumer goods company
- Hindustan Unilever, Marico, and Adani Wilmar participated in an ONDC roundtable focused on accelerating India's retail digitalization.
- FMCG sector weakness is currently impacting the stock prices of major companies including Britannia Industries, Tata Consumer Products, Marico, Radico Khaitan, Hindustan Unilever, and Varun Beverages.
- El Nino
Related events
- El Nino contributes to inflationary pressures in India.
- El Niño-linked weather patterns are straining India's power grid, which relies heavily on coal.
- Super El Nino impacts agricultural systems in India while Churchill directs the regional office for Asia and the Pacific.
- El Nino effect linked to higher temperatures and lower rainfall, with CRISIL releasing a report on India's power demand.
- IMD issued data on monsoon deficits and crop acreage, while the Central Water Commission tracks reservoir levels amid ongoing El Nino conditions in India.