The central bank governor is of the view that this will provide the Indian economy with ‘greater resilience’ to withstand shocks. However, the downside risks to growth projections remain, especially in case of a prolonged West Asia conflict.
According to RBI governor Malhotra, high frequency indicators till February, 2026 suggest the continuation of strong momentum in economic activity. Growth impulses continue to be supported by robust private consumption and investment demand.
Iran’s proposal to levy transit fees on ships in the Strait of Hormuz, a vital global oil route, is emerging as a new flashpoint. This move, aimed at generating revenue and exerting geopolitical leverage, challenges international maritime law and could disrupt global trade, pushing energy markets into uncertainty. Nations like India have rejected the idea.
Stock market today: Buoyed by the two week US-Iran ceasefire, stock markets rallied strongly on Wednesday. While Nifty50 went above 24,000 intraday, BSE Sensex rose over 3,000 points.
Stock market recommendations: Birlasoft, Bajaj Holdings, and Gujarat Ambuja Exports Ltd are the stocks recommended for buying by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares today (April 8, 2026):
Oil prices plummeted below $100 per barrel following President Trump’s announcement of a two-week ceasefire with Iran, contingent on reopening the Strait of Hormuz. This development eased fears of supply disruptions, leading to the steepest oil decline in nearly six years. Despite the truce, analysts caution that risks to oil supply remain elevated due to
Women’s credit uptake has surged, now representing Rs 76 lakh crore or 26% of total system credit in 2025, a near five-fold increase since 2017. This signifies a major shift with women actively driving credit demand, moving from passive recipients to key financial participants. Their engagement with formal credit and asset ownership is rapidly expanding.
Gautam and Sagar Adani are challenging a US SEC securities fraud lawsuit, arguing the case lacks US jurisdiction and credible bribery evidence. They contend investors suffered no losses from the 2021 Adani Green bond issue, which they claim was conducted entirely outside the US. The Adanis deny wrongdoing and seek dismissal of the SEC’s claims.
