Oil Falls as Hormuz Stays Open
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🗞️ Oil Falls Sharply as Hormuz Stays Open
Global oil prices declined sharply after Iran signalled that the Strait of Hormuz remains open.
The move eased supply concerns and supported global equity markets.
💬 Expert Take — “Lower oil prices act as a tailwind for India by easing inflation and improving macro stability.”
🗞️ RBI Bought $7.4 Billion in Spot Market
The RBI purchased $7.4 billion in the spot market in February.
The intervention reflects active currency management amid global volatility.
🗞️ Real Estate Inflows Rise to $5.1 Billion
India’s real estate sector attracted $5.1 billion in inflows in Q1 2026.
The growth is being driven primarily by domestic capital.
🗞️ Govt Launches ₹203 Cr 6G Innovation Scheme
The government has rolled out a ₹203 crore scheme to boost 6G and telecom innovation.
The initiative aims to strengthen India’s next-generation digital infrastructure.
🗞️ Digital Currency Push Targets Welfare Efficiency
India’s CBDC initiative aims to improve efficiency in welfare distribution.
The e-rupee could help reduce leakages in government transfers.
🗞️ Agriculture Exports Reach $52.5 Billion
India’s agriculture exports rose to $52.5 billion in FY26.
The growth reflects steady global demand for Indian agri products.
🗞️ Amazon Signs $30M Carbon Credit Deal
Amazon has signed a $30 million deal to purchase carbon credits from Indian farmers.
The move creates new income opportunities through sustainability initiatives.
💬 Expert Take — “Carbon credits are emerging as a parallel income stream, especially for agriculture-led economies.”
📊 Market Update
📉 Sensex: 77,664.00 ▼ 852.49 pts (–1.09%)
📉 Nifty 50: 24,173.05 ▼ 205.05 pts (–0.84%)
🪙 Gold (per gram): 24K ₹15,355 ▼ ₹120 | 22K ₹14,075 ▼ ₹110
🥈 Silver (per kg): ₹2,60,000 ▼ ₹5,000