According to the data given by European scientists, 2025 is on track to become the second- or third-warmest year ever recorded, pushing the planet dangerously close to long-feared global warming thresholds.
Sea level of the Indian Ocean is going up by 1.7 mm a year, while the north Indian Ocean is rising at an even faster rate of 3.3 mm a year, the Union minister for Earth Sciences has said
The global average surface air temperature on Sunday reached 17.09 degrees Celsius (62.76 degrees Fahrenheit) slightly higher than the previous record set last July of 17.08 C (62.74 F)
Despite promises to curb global warming, countries have so far failed collectively to reduce these emissions, pushing temperatures steadily higher for decades
Moneycontrol on March 22 was the first to report that the Union government is pushing power generation companies (gencos) to buy gas and scale up electricity generation from stranded or underutilised gas-based power units.
A shift from El Niño to La Niña generally brings positive implications for consumption-based companies in India as rainfall improves.
Andhra Pradesh, Telangana and north interior Karnataka to witness more than normal number of heatwave days in March; no heatwaves expected over north, central India in March, says IMD
El Niño effect on Antarctica: The potential consequences of Thwaites Glacier’s complete meltdown are particularly dire, with projections suggesting it could raise sea levels by more than 60cm.
Indian students now contribute an estimated $7.14 billion to the US economy. Meanwhile, the total wheat production in India is expected to see a decline this fiscal year
Monsoon patterns are changing every year, and weather forecasters are worried.
The market has already been upended by export restrictions from top shipper India and drier weather from the event threatens to cause more chaos.
Rainfall between 94 per cent and 106 per cent of the long-period average (LPA) is considered normal.
CRISIL MI&A expects power demand to increase 9-10 percent on-year in the second quarter of fiscal 2024, and to rise 5 percent on-year over the full year.
The drought is forecast to last longer and be more intense because of El Niño climate phenomenon, which inhibits the formation of rain clouds, the civil defence authority said.
In Australia, the 1983, 2003, 2007, 2010 and 2015 fire seasons, some of the most damaging in the country’s history, all occurred during El Niño. With Australia being one of the largest fossil fuel exporters, it cannot really call itself a victim, and is a significant contributor to global warming
Unusual weather conditions have extended the hot months into August-September, causing a strain on the power generating resources of the country. The government has made policy adjustments to meet the shortfall in supply.
Raw sugar if used along with cane for crushing will not only enable mills to attain an economic scale of operation but will help increase net sugar production.
Hit by strengthening El Nino, India had only 161.7 mm of rainfall this month. Never has the country received less than 190 mm of rainfall in August, as per IMD.
With this El Nino impact not fully played out, we still have to watch for the spectre of food inflation, he said. "There will be pressure in terms of food inflation. Headline inflation will get mitigated because of various steps that the government will take but food inflation is still a cause for concern," Narayanan said.
Weather event could raise inflation in poorer countries and put pressure on central banks
Despite weather worries, Chand said that so far there are no “serious shocks” that could crater growth, and that the pricing environment is encouraging for farmers apart from a few pockets in Punjab and Haryana.
The demand that could not be met on August 17, also known as the peak demand deficit, stood at 7,255 MW. The unusually high peak demand deficit reflects that several parts of the country are facing power cuts.
Any decision on rolling back the prohibition can only be considered after the sowing season for kharif crops ends, enabling the government to assess the yield for the current year, the official said.
El Nino, the warming of waters in the Pacific Ocean near South America, is generally associated with weakening monsoon winds and dry weather in India. La Nina, the opposite of El Nino, typically brings good rainfall during the monsoon season.
Rice is vital to the diets of billions of people in Asia and Africa, and the surge in prices could add to inflationary pressures and boost import bills for buyers.