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El Niño and India’s Economic Future
Even with better forecasting and policy preparedness, El Niño remains a significant risk to agriculture and inflation. With rising temperatures in April, forecasts of the southwest monsoon become a focal point across India. In India monsoon is crucial for agriculture, water availability, food security, and rural incomes. Its performance influences economic activity, stability and welfare and is closely tracked by policymakers, businesses, and farmers. A normal monsoon suppor
Amey Chitale
10 hours ago5 min read
RBI’s Stability Doctrine
As external shocks batter the economy, the RBI and government are choosing caution over activism. In periods of geopolitical turmoil, the task of macroeconomic management shifts from maximizing growth to preserving stability. India entered the second half of 2026 confronting twin pressures from the West Asian crisis and a developing El Niño, forcing policymakers to prioritize resilience over activism. Last week brought a flurry of activity in form of the release of GDP statis
Amey Chitale
Jun 104 min read
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