Amid energy, El Nino shocks, RBI may deliver two rate hikes this financial year: HSBC Report

May 11, 2026

The Reserve Bank of India (RBI) is expected to raise interest rates twice in the current financial year FY27 due to inflationary pressures arising...

Power demand to rise up to 6% in this financial year amid expected El Nino-led heat: Crisil

Apr 10, 2026

Power demand in the country is expected to rise by around 6 per cent in the current financial year, driven by the anticipated impact...

India fully prepared for Kharif season, seed stocks adequate to handle any El Nino impact: Shivraj Singh Chouhan

May 29, 2026

"We have considered this and 1,74,000 quintals of seeds have been made. So if such a situation arises that a specific seed is required,...

Ecuador declares energy emergency as El Nino-fueled drought hits region

Apr 17, 2024

Both Colombia and Ecuador rely heavily on hydropower plants to meet their energy needs. However, the drought has led to a sharp decline in...

Drought fuelled by 'El Nino' pushes Ecuador to declare energy emergency

Apr 18, 2024

Colombia has reduced its electricity exports to its neighbour Ecuador due to a drought exacerbated by the El Nino weather pattern, where an energy...

El Nino likely to develop in May, says World Meteorological Organization

Apr 24, 2026

El Nino is characterized by a warming of ocean surface temperatures in the central and eastern Equatorial Pacific. It typically occurs every two to...