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A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print
Indias fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as India faces a below-normal monsoon forecast, with the IMD projecting rainfall at 90% of the long-term average and a 92% probability of El Niño conditions, raising concerns over crop output and food inflation.
Raccontata da
economictimes.indiatimes.com
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El Niño effect: Why India may see weak monsoon and harsher summer
India faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, coupled with the West Asia crisis…
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A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine print
Indias fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route for imports. The crisis comes just as…