5116: Credit guarantee scheme, Iran oil imports & RBI MPC’s policy choice

India is recalibrating its economic strategy as it resumes Iranian oil imports under a US waiver, likely settling payments in rupees while managing currency pressures. The RBI may revive crisis-era tools to stabilise the rupee, even as policymakers remain comfortable with a weaker band. To cushion businesses from war-related disruptions, the government plans a ₹2.5 lakh crore credit guarantee scheme. Meanwhile, the Monetary Policy Committee faces a complex decision, balancing inflation risks, liquidity support, and stability in a volatile global environment. All this and more in the latest edition of Moneycontrol Editor’s Picks.