India Edition

Iran War Intensifies, Puts India Market Rebound at Risk

If oil stays above $100 a barrel for a year, the direct terms of trade shock will be $80 billion.
Smoke rises after an explosion in the UAE, on Tuesday, March 3, 2026.Source: Bloomberg

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.

Today, I report on mixed war impact estimates, and my colleague Anup Roy examines what it will mean for inflation.