El Nino may turn 'very strong' by late 2026: IRI; experts see elevated risk for India
MeridStreet AI summaryThe International Research Institute (IRI) has forecast that El Nino may become a very strong weather pattern by late 2026. This development is concerning for India, as it may lead to elevated climate risks, particularly with regards to monsoon rainfall. The impact on India's agriculture and economy could be significant, making it essential for policymakers to prepare for potential disruptions.
Read the source report: Economic Times →
Why it matters
The El Nino weather pattern is expected to strengthen, which could lead to droughts and crop failures in India. This would negatively impact the agricultural sector and the overall economy.
Market impact
Markets & countries in focus
Transmission channels
Likely winners & losers
Under pressure
- Agricultural stocks
- Farmers
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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.