India's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultural setback, exacerbated by a developing El Niño, threatens staple crops like rice, cotton, and soybeans, impacting prices and potentially fueling inflation. While India's food system shows resilience, worsening climate conditions pose a growing challenge to this vital agricultural lifeline.

A potential super El Niño could intensify food inflation, disrupt agricultural production, and weigh on economic growth across major emerging markets, particularly India, Brazil,…

India's weak monsoon threatens its $300B farm economy, risking food inflation, supply chain disruptions, and ripple effects across global risk assets.