The RBI’s August report highlights downside risks to the Indian economy due to US trade policies, despite supportive domestic financial conditions. While uncertainties persist, factors like rising rural wages and rate cut transmissions are expected to bolster aggregate demand. The report also notes subdued industrial activity and anticipates headline inflation to remain below target.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.
August 26, 2026