As peace finally appears to be dawning on the world, this volume of the EcoCAPSule discusses the impact on multiple global data. The immediate relief of the clearance of the Strait of Hormuz has eased commodity prices, especially Brent crude oil. The Report answers if this will lead a durable decline in inflation or if second-round effects will cause headaches for Central Banks. Closer home, India seems to have escaped uninjured in Q1FY27. But this victory is not without costs. Elucidating the fiscal weights bearing on the Indian economy, the Report discusses some risks which await the economy in the remainder of the fiscal.
