Cyclone Arnab stalls close to India's east coast

What happened

Cyclone Arnab has stalled close to India's east coast, with landfall expected to last two more hours, authorities said. More than 180,000 people were evacuated in Andhra Pradesh and Odisha, and power supplies were disrupted.

Confirmed

Global impact / market context

Stalled storms lengthen disruption to transport, power and local business activity, which can delay revenue for companies operating in affected regions. Airport suspensions and cancelled trains and flights raise near-term costs and reduce customer traffic.

Analyst inference

The disruption is regional and tied to Andhra Pradesh and Odisha infrastructure. Investors may weigh temporary hits to transport, power and tourism revenue against repair costs, while the lack of reported deaths limits the immediate human and economic toll.

Analyst inference

What to watch

1. The India Meteorological Department forecasts winds of 115-125 kph and gusts up to 140 kph, plus a storm surge of 1 to 1.5 metres above normal tide in low-lying Andhra Pradesh areas. Confirmed
2. Authorities should confirm when the three suspended Andhra Pradesh airports reopen, because extended closure would keep flight revenue and passenger traffic below normal levels. Proposed
3. Watch whether heavy rain and snow forecast for Nepal from Thursday night through the weekend disrupt tourism and transport there, adding costs beyond India's east coast. Analyst inference

Evidence

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