Latest News: Indian share markets will be open for trading on Sunday, February 01, as the Union Budget is being presented on that day * Key Highlights of Economic Survey 2025–26: GDP & GVA Growth Estimates for FY 2026: First advance estimates at 7.4% and 7.3% respectively * India’s Core Growth Projection: Around 7%, with real GDP growth for FY 2027 expected between 6.8% and 7.2% * Central Government Revenue: Rose to 11.6% of GDP in FY 2025 * Non-Performing Assets: Declined to a multi-decade low of 2.2% * PMJDY Accounts: Over 552 million bank accounts opened by March 2025; 366 million in rural and semi-urban areas * Investor Base: Surpassed 120 million by September 2025, with women comprising ~25% * Global Trade Share: India’s export share doubled from 1% in 2005 to 1.8% in 2024 * Services Export: Reached an all-time high of $387.6 billion in FY 2025, up 13.6% * Global Deposits: India became the largest recipient in FY 2025 with $135.4 billion * Foreign Exchange Reserves: Hit $701.4 billion on January 16, 2026—covering 11 months of imports and 94% of external debt * Inflation: Averaged 1.7% from April to December 2025 * Foodgrain Production: Reached 357.73 million metric tons in 2024–25, up 25.43 MMT from the previous year * PM-Kisan Scheme: Over ₹4.09 lakh crore disbursed to eligible farmers since inception * Rural Employment Alignment: “Viksit Bharat – Jee Ram Ji” initiative launched to replace MGNREGA in the vision for a developed India by 2047 * Manufacturing Growth: 7.72% in Q1 and 9.13% in Q2 of FY 2026 * PLI Scheme Impact: ₹2 lakh crore in actual investment across 14 sectors; production and sales exceeded ₹18.7 lakh crore; over 1.26 million jobs created by September 2025 * Semiconductor Mission: Domestic capacity boosted with ₹1.6 lakh crore invested across 10 projects * Railway High-Speed Corridor: Expanded from 550 km in FY 2014 to 5,364 km; 3,500 km added in FY 2026 * Civil Aviation: India became the third-largest domestic air travel market; airports increased from 74 in 2014 to 164 in 2025 * DISCOMs Turnaround: Recorded first-ever positive PAT of ₹20,701 crore in FY 2025 * Renewable Energy: India ranked third globally in total renewable and installed solar capacity * Satellite Docking: India became the fourth country to achieve autonomous satellite docking capability * School Enrollment Ratios: Primary – 90.9%, Upper Primary – 90.3%, Secondary – 78.7% * Higher Education Expansion: India now has 23 IITs, 21 IIMs, and 20 AIIMS; international IIT campuses established in Zanzibar and Abu Dhabi * Maternal & Infant Mortality: Declined since 1990, now below global average * E-Shram Portal: Over 310 million unorganised workers registered by January 2026; 54% are women * National Career Service Portal: Job vacancies exceeded 28 million in FY 2025 and crossed 23 million by September 2026

Leftover Warm Water In Pacific Ocean Fueled Massive El Niño


The new research finds easterly winds in the tropical Pacific Ocean stalled a potential El Niño in 2014 and left a swath of warm water in the central Pacific. The presence of that warm water stacked the deck for a monster El Niño to occur in 2015, according to the study's authors.

El Niño and La Niña are the warm and cool phases of a recurring climate pattern across the tropical Pacific Ocean called the El Niño-Southern Oscillation, or ENSO. The warm and cool phases shift back and forth every two to seven years, and each phase triggers predictable disruptions in temperature, wind, and rain across the globe. During El Niño events, water temperatures at the sea surface are higher than normal. Low-level surface winds, which normally blow east to west along the equator, or easterly winds, start blowing the other direction, west to east, or westerly.

In the spring of 2014, strong westerly winds near the equator in the western and central Pacific Ocean created a buzz among scientists - they saw the winds as a sign of a large El Niño event to come in the winter of 2014, said Aaron Levine, a climate scientist at the NOAA Pacific Marine Environmental Laboratory in Seattle, Washington, and lead author of the new study accepted for publication in Geophysical Research Letters, a journal of the American Geophysical Union.

But as the summer progressed, El Niño didn't form the way scientists expected it to: sea surface temperatures in the eastern Pacific never warmed enough to truly be called an El Niño, and the buzz fizzled out.

But then, in the spring of 2015, episodes of very strong westerly wind bursts occurred and became more frequent throughout the summer. Following a pattern set by previous large El Niños, 2015 to 2016 became one of the three strongest El Niños on record, along with 1982 to 1983 and 1997 to 1998, Levine said.

Levine and others wondered whether the stalled El Niño from 2014 and the monster El Niño of 2015 were somehow related, he said.

In the new study, Levine and co-author Michael McPhaden, fellow climate scientist at the NOAA Pacific Marine Environmental Laboratory, examined changes in sea surface and sub-surface temperatures, winds, and volumes of warm water in the Pacific Ocean from 2014 to 2016. They also used a mathematical model to analyze how these factors were related.

"As an El Niño develops and matures into its peak phase, [warm water] gets discharged out of the equatorial regions to the polar regions," Levine said. In 2014, easterly winds prevented that warm water from being transported poleward. The warm water stuck around through the winter and was available as a reservoir of heat that could be tapped into the following year. "Once we started to get some additional westerly winds - unusually strong westerly winds that occurred in the spring and summer of 2015 - an El Niño developed," he said.

Looking further back into the climate record, Levine and McPhaden found a similar event occurred in 1990. That year, easterly winds counteracted a budding El Niño, and leftover warm water fueled El Niño conditions in 1991 to 1992.

"It's nice to see that even in the 35-year record we have something similar that gives us confidence that this was the physical mechanism that was going on," Levine said.

While Levine's research shows what conditions can help to explain past El Niños, predicting future El Niños is much more difficult. For example, warm sea surface temperatures make it more likely for an El Niño to occur, but cannot be used to predict El Niños with absolute certainty, Levine said.

Sea surface temperatures and winds are closely coupled - meaning that they strongly influence each other, said Michelle L'Heureux, a climate scientist at NOAA's Center for Weather and Climate Prediction in College Park, Maryland, who was not involved in the new study. According to L'Heureux, certain winds are predictable to a certain degree, but there are still elements of surprise.

"The wildcard in all of this - the reason this is very probabilistic and we can't say anything with certainty - is that some part of the winds are essentially random," L'Heureux said. "We can predict them five to seven days out, but that's not going to give you much advance information on the growth of ENSO."

These random wind elements are a major limitation to predicting El Niño events, she said. "There's a chance that the winds could turn off in the summertime, and that's what happened in 2014."