Global Economy
Sensex crashes 1,000 points a day after US-Iran ceasefire: Should you buy the dip as war clouds still linger?
The Sensex fell over 1,000 points, or 1.3%, to 76,557, while its NSE counterpart, the Nifty 50, declined 257 points, or 1.07%, to 23,740, a day after recording their best intraday gains in five years.
2 min read9 Apr 2026Avoid the Yogi Berra trap: Don’t make predictions about the future in a topsy-turvy world
Amid wars of choice, dicey ceasefires, wild currency swings and looming risks in private credit, economic forecasting looks like a fool’s errand. It’s time to take a step back and take a long view. Recall what Zhou Enlai said about the impact of the French Revolution?
4 min read9 Apr 2026How did risks of the Iran war get misread? Kahneman and Tversky’s Prospect Theory may have answers
The behaviour of warring states may seem baffling, but it seems in line with a behavioural model of risk attitudes. Prospect Theory explains why people go for safe gains or take daring gambles—depending on probability and payoff assessments.
4 min read8 Apr 2026Iran war, Oracle layoffs, El Niño worries: What’s keeping the world on edge
Global markets face a precarious crossover of exigencies, as West Asia’s war, AI-led job losses and El Niño’s climate risks are causing nervousness around the world.
4 min read8 Apr 2026Oil prices plunge below $100/bbl after US, Iran agree on 2-week ceasefire
Brent and WTI plunge below $100 as US, Israel and Iran agree to a two-week ceasefire and limited reopening of the Strait of Hormuz, easing global supply fears.
2 min read8 Apr 2026India resilient as global economy shifts from ‘shocks’ to 'permanent volatility'
India has sufficient fiscal space to sustain its asset-creating public expenditure, while the central bank has room to cut interest rates to support growth, aided by the government’s commitment to fiscal prudence, finance minister Nirmala Sitharaman said.
3 min read6 Apr 2026As scams arise and a global shock kicks in, RBI should be prepared to have its regulatory resolve tested
Hidden risks in the private credit market may become threats. Signs of trouble have already arisen in the US. Bank supervision must tighten to curb shady operations. Witness inter-linked scams in Chandigarh. Governance issues need to be fixed.
4 min read5 Apr 2026Let’s mBridge the gap: India mustn’t stand aloof as new digital payment mechanisms emerge
In a world of weaponized dollar-based payment rails, CBDC platforms like mBridge offer an alternative. With its e-rupee and digital prowess, India could help shape their evolution. It’s not about disruption, but sovereignty.
3 min read2 Apr 2026The investors moving early into Venezuela are bullish and ready for risk
American and Colombian firms see an opportunity to get in on the ground floor of the country’s potential recovery.
5 min read2 Apr 2026Nouriel Roubini: The global economy hangs in the balance as a result of the Middle East conflict
War escalation is becoming harder to avoid, but its consequences will hinge on how it ends. A decisive US-Israeli victory could restore stability after a period of turmoil—but anything less risks leaving the global economy more fragile.
4 min read1 Apr 2026