The Reserve Bank of India monitors macroeconomic fundamentals, noting that El Nino poses downside risks to agricultural output.
Steady: 0 in the last 7 days
Updated oct 29
The latest in this situation
- RBI sounded caution as West Asia conflict drives up oil prices and El Niño affects monsoon.
- Drought in Marathwada meets geopolitical pressure as India curbs oil imports.
- ISMA estimates sugar supply outlook amid El Nino-related monsoon stress in North Karnataka and Maharashtra.
- RBI raises GDP forecast while facing pressure from Iran-driven oil hikes and El Niño food inflation.
- MPC decision announced by Malhotra amid fresh fuel inflation risks from West Asia escalation and El Niño.
How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Reserve Bank of India monitors macroeconomic fundamentals, noting that El Nino poses downside risks to agricultural output.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- El Nino is linked to depressed rainfall, causing low reservoir storage in several Indian states including Karnataka, Andhra Pradesh, and Kerala.Sub-event
- 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.Sub-event
- Climate patterns linked to El Nino are causing extreme weather conditions, impacting Maharashtra's agriculture.Sub-event
- Experts provided assessments on agricultural resilience and forecasted monsoon conditions for India.Sub-event
- El Nino conditions are likely to develop during the southwest monsoon season.Sub-event
RBI highlights risks to India's economy from El Nino and global conflict.1 source
Union Agriculture Minister Shivraj Singh Chouhan oversees government preparations for El Nino's impact on Indian agriculture.1 source
El Niño is reshaping weather patterns, causing monsoon deficits and risks of drought/flooding across Asia.1 source
Keep exploring
The entities involved
- India
-
Reserve Bank of India
central bank of India
- El Nino
Related events
- El Nino could affect agricultural output across Africa while an IMF official discusses the continent's economic outlook.
- El Nino and geopolitical costs from the Middle East are weighing on India's economic outlook, specifically impacting GDP growth and exports.
- El Nino and the West Asia crisis are adding volatility to food prices, impacting fuel costs and exchange rates.
- El Nino is causing concern for Rabi crops, threatening rural economies and water supply.
- Malaysian chief economist provides inflation forecasts as monetary policy targets inflation management amid weather and conflict pressures.
Coverage
Newest first; wire copies grouped- newkerala.com
- indiagazette.com
- whbl.com
- businesstoday.in
- dailyexcelsior.com
- indiatimes.com
- timesofoman.com
- livemint.com