The agency emphasises that sovereign ratings have so far remained resilient, but this could change as climate shocks translate into sustained output losses, fiscal weakening, or political instability.
The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.
The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.