Mumbai: The undeniable reality of climate change is rapidly transitioning from an ecological warning to a severe economic crisis in India. Global warming is no longer just altering natural ecosystems; it is fundamentally rewriting the rules of the nation's macroeconomic stability. A stark illustration of this shift comes from the HSBC report published on Monday, which highlights how rising surface temperatures and the looming threat of El Niño are directly forcing the Reserve

Conflict-driven inflation acts like a silent tax, quietly reducing the purchasing power of every Indian household. When conflicts erupt across the globe, most Indians follow the news for geopolitical updates. But the real impact is felt much closer to home — in rising petrol prices, costlier groceries and shrinking monthly savings. This is conflict-driven inflation, a silent tax that affects every household without any official announcement. India imports more than 85 per cen