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HEATWAVE ECONOMIC IMPACT
Europe heatwave: The thermometer is flashing red for the continent's economyEurope's heatwave is becoming a growing economic threat as extreme temperatures disrupt transport, reduce labour productivity, damage agric...
Deadly heatwaves force an ageing France to confront a hotter futureFrance experienced a severe heatwave, causing many excess deaths and straining funeral services. Funeral director Gautier Caton rented refr...
Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
FIFA 2026: France beat Paraguay with Mbappe penalty to reach World Cup quarter-finalsKylian Mbappe's second-half penalty secured France a hard-fought 1-0 victory over a resilient Paraguay in the World Cup last-16. Despite Pa...
FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...
Heat stress becoming a serious risk for MSMEs and workers: ReportsRecent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing operational costs, reducing worker pr...
Goldman Sachs upgrades India's growth outlook after US-Iran peace dealGoldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and re...
Heatwave-hit London climate week spurs calls for faster actionLondon's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...
El Niño is set to further disrupt India's $300 billion farm supply chainIndia's crucial monsoon rains are delayed, disrupting the nation's $300 billion farm economy just as planting season begins. This agricultu...
India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economyFitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow eco...
Science at scale: India’s journey from food security to global leadershipToday, India is the world’s largest producer of milk, pulses, and spices; the largest exporter of rice; and among the leading producers of ...
Inflation poses bigger risk than growth this fiscal as monsoon and crude weigh on rural demand: NuvamaIn FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The...
India inflation likely rose to 4% in May as food, fuel costs climbIndia's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel cost...
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
‘The upcoming El Nino event could cost India $1 trillion in losses’An impending El Nino event threatens global economies, with India facing potential losses exceeding one trillion dollars. This climate phen...
El Niño effect: Why India may see weak monsoon and harsher summerIndia faces a double blow as the IMD forecasts below-normal monsoon rainfall, with a 60% chance of deficient rains due to El Niño. This, co...
Worsening climate change main culprit behind India's extreme heat: UN climate chiefUN climate chief Simon Stiell highlighted the severe human and economic impact of the heatwave, particularly on people living in homes with...
Heatwaves in India could rise 400% by century-end, putting health and jobs at risk