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BIZARRE: 5 - What They Never Told You

Nifty to hit 27,000 in one year? PL Capital says Middle East crisis, El Nino can play a spoil sport; names 15 top picks

PL Capital has raised its one-year Nifty 50 target to 27,019, implying over 12% upside, while warning that the escalating West Asia conflict and a potential super El Niño could fuel inflation and hurt growth. The brokerage remains stock-specific and has identified 15 preferred large- and mid-cap picks.

The Economic Times

Area sown to kharif crops remains 16% on weak monsoon; paddy, pulses acreage down: Agriculture Ministry

Kharif crop sowing is 16 percent lower this season. This delay is attributed to a weak monsoon and El Nino effects. Area under pulses and coarse cereals has significantly declined. Oilseeds and cotton coverage also shows a notable decrease. Sugarcane and jute acreage, however, have seen slight increases.

The Economic Times

India's monsoon slips back into dry phase, pushing rainfall deficit up to 18%

India's monsoon has weakened, increasing the rainfall deficit to eighteen percent. This dry spell threatens kharif sowing momentum, impacting agricultural output. Many states face significant rainfall shortages, particularly in eastern regions. The weak monsoon coincides with a strong El Nino year phenomenon. Subdued rainfall is forecast for northwest, west-central, and…

The Economic Times

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Central University of Rajasthan to hold online classes till August 14 to manage water resources

The Central University of Rajasthan will conduct its upcoming odd semester online. This temporary shift is due to weather forecasts predicting El Nino conditions and below-normal rainfall. The university aims for prudent water management on campus during this period. Classes will be held online from July 15 until August 14.…

The Economic Times

Monsoon revival lifts kharif hopes, but experts say El Niño threat is far from over

India’s southwest monsoon has bounced back after a weak June, cutting the rainfall deficit and boosting kharif prospects. Experts caution, however, that the El Nino risk isn’t over.

The Economic Times

El Nino likely to strengthen through 2026, persist into 2027: US forecaster

El Nino is strengthening and will persist through early spring 2027. A very strong El Nino event is expected this autumn. This phenomenon typically causes higher global temperatures and altered weather patterns. China faces risks of extreme weather like flooding and heatwaves. India's monsoon season may bring below-average rainfall, impacting…

The Economic Times

Powerful El Niño ramping up as forecasters predict it’ll be most intense in recorded history

An El Niño acts as a ‘thermostat by releasing years of accumulated heat from the subsurface tropical Pacific into the atmosphere, warming the entire planet

The Independent UK

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El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumption

India's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken rural sentiment. This situation may lead to higher food inflation and reduced household discretionary spending. Farm incomes could be impacted, weighing further on rural consumption. The full impact of…

The Economic Times

Rainfall deficit comes down to 12% as July witnesses above-normal rainfall: Govt

The rainfall deficit has reduced to twelve percent with above-normal monsoon activity in early July. An El Nino year may not necessarily result in below-normal rainfall for the country. Various departments presented preparedness measures for the kharif season and potential economic impacts. Climate-resilient technologies have maintained foodgrain production despite past…

The Economic Times

El Nino is expected 'to break records': top expert

An El Nino weather event is predicted to reach record-breaking strength. Experts anticipate extreme weather patterns globally due to this phenomenon. This warming of Pacific Ocean temperatures influences rainfall and wind patterns worldwide. The event, occurring every few years, can cause droughts and floods. Combined with climate change, it contributes…

The Economic Times

Extreme' El Nino could become strongest on record, warns top climate expert

An unprecedented El Nino event is projected to be the most intense in history, threatening to unleash significant droughts and floods worldwide. For India, this could result in diminished rainfall, jeopardizing agriculture and water supplies. Meanwhile, Australia is at risk of devastating heatwaves and wildfires. Governments and agencies are mobilizing…

The Times of India

El Nino's surprise sweet spot, while salad days slow

Forecast dry conditions, global tensions and the deadly bird flu present challenges for Australian farmers, but fruit may be the pick of the bunch.

AAP

EL Nino to hit India's energy system harder than anywhere else in world: CREA report

India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar…

The Economic Times

El Nino impact in sight even as top FMCG firms bet on rising India consumption

India's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Companies like Marico, GCPL, and Dabur foresee strong top-line expansion, with rural markets outperforming urban areas. While easing input costs are a positive, businesses are closely monitoring El Nino's potential impact on…

The Economic Times

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The Economic Times

Strong El Nino likely to develop rapidly, says UN weather agency

Forecasters are in strong agreement that a powerful El Niño is rapidly developing, according to the United Nations weather agency. El Niño conditions have already appeared in the Equatorial Pacific. This significant development, highlighted by a scientist at the World Meteorological Organization, signals a potentially impactful shift in global weather…

Radio France Internationale

El Nino set to be 'strong' as UN warns of heatwaves and floods

El Nino is here and will quickly develop into a strong event between July and September, fuelling the likelihood of extreme weather, the United Nations' climate agency warned Friday.

AAP

Warning 'dire combination' poses regional food crunch

Australia is ill-prepared for a possible regional food crisis as El Nino, climate change and higher farming inputs collide, a former defence chiefs say.

The Independent UK

Scientists fear El Niño will supercharge California’s seabird crisis

Many seabirds are starving to death as a marine heat wave lingers off California and fish seek deeper, cooler waters

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The Economic Times

Kerala to fast-track battery storage projects to tackle power crisis: Electricity Minister Sunny Joseph

Kerala is accelerating battery energy storage projects and strengthening long-term power procurement to combat recurring electricity shortages. Minister Sunny Joseph attributed recent power restrictions to an unprecedented demand-supply gap, exacerbated by deficient rainfall, high temperatures, and El Nino's impact on national power availability.

Radio France Internationale

World's oceans record hottest June ever as new El Nino takes hold

The world's oceans reached their hottest June on record, scientists said on Wednesday, with sea temperatures expected to climb further as El Nino develops alongside human-driven climate change.

The Economic Times

Escorts Kubota tractor sales up 19.1% at 13,695 units in June

Escorts Kubota reported a 19.1% surge in total tractor sales for June 2026, reaching 13,695 units compared to the previous year. Domestic sales climbed 19.8%, while exports saw a 4.4% increase. Despite a delayed monsoon impacting Kharif sowing, improved wholesale and retail performance fueled this growth. The company remains watchful…

The Economic Times

Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin report

India's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an uneven monsoon, potential El Nino, and geopolitical tensions. Policymakers are focusing on enhancing resilience to energy shocks and addressing water scarcity, with agricultural pricing policies also under review to…

The Economic Times

Monthly average rainfall over India expected to be below normal in July: IMD

India faces a below-normal rainfall forecast for July, with the national average expected at 94% of the long-period average. This follows a significant 40% deficit in June, attributed to unfavorable weather patterns including El Nino and a lack of low-pressure systems. While most of the country anticipates less rain, some…

The Economic Times

Seed stocks adequate, but last-mile delivery remains critical: FSII

Indian seed companies are holding substantial surplus stock for the upcoming kharif season, aiming to mitigate potential losses from a weak and delayed monsoon due to El Nino. Despite robust production, timely distribution to rain-deficient regions remains a critical challenge. Farmers in vulnerable areas are urged to consider short-duration, climate-resilient…

The Economic Times

Oil slide anchors India 10-year yield at 3-month low

Indian government bond yields dipped to a three-month low on Tuesday, buoyed by easing oil prices and receding geopolitical tensions. The benchmark 10-year note closed lower as market anxiety subsided. Analysts anticipate yields to remain within a narrow band this week. Meanwhile, anticipation builds for a potential inclusion in a…

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