Tag: el nino
MPC minutes: Uncertainties on inflation outlook has not abated: RBI Guv Das in MPC minutes
The uncertainties around India‘s inflation outlook for the second half of the ongoing fiscal have not abated and several factors including El Nino, geopolitical conflicts…
el nino: El Nino likely to hit rabi crops: Top weather forecasters
The El Nino weather event may adversely impact rainfall during the upcoming winter season – thereby affecting the key rabi crop of wheat – and…
el nino: Intense El Nino may push inflation up by 15-20 bps: Experts
Though few fear a moderate rain deficit to impact inflation, an intense El Nino that severely disrupts the monsoon could push inflation up by 15-20…
India approves wheat, broken rice exports requests from 4 countries
India has decided to approve wheat and broken rice exports to few selected countries following their requests to allow the shipments of the grains, the…
Despite headwinds, Indian economy could grow at 6.5% this fiscal year unless…
The world economy is on a precarious footing, says the World Bank as it forecasts a deceleration in global growth from 3.1% in 2022 to…
Deutsche Bank: Delayed monsoon can impact inflation; expect FY24 CPI at 5.2 per cent: Deutsche Bank
A German brokerage on Friday warned that with the delayed monsoon, there is no scope for complacency on inflation even though official data for May…
Sugar Exports: India to cap sugar exports until H1 2024 as El Nino looms- Govt sources
India is not considering allowing sugar exports until at least the first half of the next season, as the government is worried the El Nino…
rbi: RBI’s Shaktikanta Das needs monsoon rains to deliver before weighing rate cuts
As Reserve Bank of India Governor Shaktikanta Das made the case for inflation risks arising from a delayed monsoon after holding interest rates again, the…
RBI MPC: MPC meeting: RBI leaves policy rates unchanged, maintains status quo on stance as inflation fight continues
The Reserve Bank of India’s rate-setting panel unanimously has opted to keep the benchmark lending rate unchanged at 6.5 per cent, Governor Das announced on…
Inflation to decline further to 4.3% in May: Barclays
Inflation is expected to decline further in May, inching closer to RBI’s target of 4%, driven by base effects and sequential easing in energy costs,…