VERIFIEDET Markets·28 Jul 2026neutral

How the rain gods impact the Indian economy

AI Summary

·El Nino and monsoon performance influence India's economic growth and inflation, according to IDFC FIRST Bank Chief Economist Gaura Sengupta.
·Agriculture's direct sensitivity to rainfall deficits has decreased due to expanded irrigation and a growing allied sector.
·Volatile weather and global pressures may still impact rural demand and increase inflation.