We may've a terrible year ahead: Kamath amid oil crisis, El Niño fears

Nithin Kamath has warned of a "terrible year ahead" as a super El Niño could weaken India's monsoon and push up food prices. "This is now layering on top of the unholy mess created by the closure of...Strait of Hormuz," he added. "When food and energy prices rise together...RBI cannot stay quiet....it'll have to start hiking rates," he stated.