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▼ Bearish for Indian equities
Mint Explainer | Why a super-charged El Niño is a postcard from our future
The brief
- This year’s El Niño could bring temperatures climate change is projected to deliver 20 years from now
- More severe heat risks could affect Indian agriculture, power demand and inflation
- Demand estimate of fertilizer for Rabi 2026-27 may be 2 LT higher
- Major impact on kharif crops seen from monsoon deficit, uneven rainfall
- Fertiliser sales slide as poor rains cloud kharif season