Scientists at the National Oceanic and Atmospheric Administration revised El Niño detection, adopting a rolling baseline to adjust for ocean warming and avoid false positives. The shift improves monsoon forecasting for India, aiding agriculture and inflation management, after shocks like 2023–24 heatwaves and sugar shortages.
Click to View MoreRetail inflation in India has remained at historically low levels due to a sharp fall in food prices, strong base effects, and proactive supply-side interventions by the government. Despite a mild rise in fuel and select non-food prices, overall inflation continues to stay well below the RBI’s comfort zone, reflecting subdued demand conditions and a phase of price stability.
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