Tag: el nino impact on economy

U.K. forecasts ‘biggest’ El Nino will smash records, spark hottest year

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U.K. forecasts ‘biggest’ El Nino will smash records, spark hottest year

This year’s El Nino weather pattern will be the biggest in over a century and could make 2027 the hottest year globally, Britain’s national weather agency said on Friday (August 21, 2026). An El Nino weather event happens when warming sea surface temperatures in the tropical eastern Pacific trigger worldwide changes in winds, atmospheric pressure…

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El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD

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El-Nino, below normal monsoon pose risk for growth, inflation outlook in FY27: HDFC Bank MD

HDFC Bank’s MD & CEO Sashidhar Jagdishan. File | Photo Credit: Special arrangement The global macroeconomic environment remained challenging as the lingering impact of the West Asia conflict could weigh on global growth & inflation and the turn towards monetary tightening by major central banks remained a risk for global liquidity and growth, said India’s biggest…

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