RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.

The entities involved

• Reserve Bank of India →

  central bank of India

  • RBI monitors challenges from crude oil prices and concerns over inflation and slowing growth.Mon 13:28
  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
• El Nino →
  • NOAA and scientists are discussing the complexity and intensity of the El Nino cycle.Mon 17:45
  • El Niño patterns are affecting regional weather, specifically impacting storm development near Bermuda.Mon 17:43
• S&P Global Ratings →

  credit rating agency, subsidiary of S&P Global

  • S&P Global Ratings raised its GDP growth forecast for Oman.Sun 13:21
  • S&P Global Ratings assigned a credit rating to Stratford.Fri 22:26

Related events

• 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.Jun 10
• India's economic outlook is being assessed, with growth estimates and agricultural production risks being reported since September 1st.Sep 24
• El Nino poses risks to Indian agriculture, while the West Asia crisis impacts the Indian economy, prompting analysis by SBI Capital Markets.Aug 31
• West Asia crisis highlights India's structural vulnerabilities while strong El Niño threatens agricultural incomes.Jun 22
• The new event discusses how El Nino and global market competition are impacting India's agricultural sector, specifically sugarcane production, and influencing monetary policy decisions.Jun 22