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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; India anchors global capability West Asia crisis may push India’s current account deficit to 2% of GDP: Crisil Tax Dept to resume Tiger Global reassessment, says GAAR relief won’t alter SC ruling Ceasefire talks fail to restore vessel movement in Strait of Hormuz, fate of 599 ships remain inconclusive DMRC launches mid-life refurbishment of Blue Line trains to enhance safety and passenger experience Retail inflation likely rose 3.5-4% in March India-UK free trade pact may come into force from second week of May: Official 'West Asia war a good opportunity for energy reforms, lower costs for industry' India’s marine exports surge to ₹62,408 crore in 2024-25, Govt sets ₹1 lakh crore target PM Modi to inaugurate Dehradun-Delhi Expressway on April 14
Oceans nearing record heat globally as El Nino conditions...
2026-05-08 · via Economy News, Latest Economic News Today | The HinduBusinessLine
April saw significant differences in temperature anomalies across the Northern Hemisphere, although they were less marked than earlier this year.

April saw significant differences in temperature anomalies across the Northern Hemisphere, although they were less marked than earlier this year. | Photo Credit: HANDOUT

April 2026 recorded the second highest sea surface temperatures on record for the extra-polar oceans, with record high temperatures across large parts of the tropical Pacific associated with strong marine heatwaves, as El Niño conditions are expected to develop in the coming months.

It was also the third warmest April on record globally, according to the Copernicus Climate Change Service (C3S), implemented by the European Centre for Medium-Range Weather Forecasts (ECMWF).

Temperature anomalies

April saw significant differences in temperature anomalies across the Northern Hemisphere, although they were less marked than earlier this year.

There were strong regional differences across Europe. Much of southwestern Europe was much warmer than average, with Spain having its warmest April on record. In contrast, Eastern Europe was colder than average.

Thus, April 2026 was the 10th warmest such month on record for the continent, although this ranking conceals regional differences.

Sea ice extent in the Arctic was second lowest for April, staying near record lows for the time of year, as it has been since the beginning of the year, the report said.

Atmospheric instability

The month was also marked by extreme weather events, including tropical cyclones in the Pacific, floods in West Asia and south-central Asia, and droughts affecting southern Africa.

Flash flooding swept across large swathes of the Arabian Peninsula, and parts of Iran, Afghanistan, Saudi Arabia and Syria saw widespread flooding and landslides.

Samantha Burgess, Strategic Lead for Climate at ECMWF, commented: “April 2026 adds to the clear signal of sustained global warmth. Sea surface temperatures (SSTs) were near record levels with widespread marine heatwaves; Arctic sea ice remained well below average, and Europe saw sharp contrasts in temperature and rainfall – all hallmarks of a climate increasingly shaped by extremes.”

Rising heat

The ERA5 dataset indicated that April 2026 was one of the three warmest Aprils on record globally, with an average surface air temperature of 14.89°C, 0.52°C warmer than the average for April during 1991–2020.

April 2024 was the warmest April on record, and April 2025 was the second warmest.

Warming waters

In April, the daily average SST in the extra-polar global ocean (60°S–60°N) was incrementally approaching the record values of 2024, showing the shift from ENSO-neutral towards El Niño conditions, which are now expected in the next few months.

The average sea surface temperature (SST) for April 2026 was the second warmest on record for the month, at 21.00°C, across 60°S–60°N. The last El Niño event was in 2024, when the April SST was the highest on record.

SSTs were at record levels for the month over a large area from the central equatorial Pacific to the western coast of the US and Mexico, consistent with ‘strong’ marine heatwave conditions, according to the Copernicus report.

Published on May 8, 2026