India monthly economic report: The Reserve Bank of India's open market operations could help keep financial conditions balanced and curb demand-side overheating. Government supply-side and market measures could help contain upside risks and cushion transitory price pressures.

Israel's Transportation Ministry said it will conduct a joint investigation with the Defense Ministry into the Dubai airline flight incident.

Indian refiners have started chartering tankers to transit the Strait of Hormuz and load crude in the Persian Gulf, a tactical shift from relying on Gulf producers and traders to bear voyage risk. Since the early stages of the US-Iran conflict refiners avoided using their own ships because of attack risk and paid cost‑plus freight premiums; recent tenders show firms including Indian Oil Corporation, Reliance Industries and HPCL‑Mittal Energy buying Iraqi crude, with Indian Oil buying about 2 million barrels for October delivery. Those purchases require buyers to arrange vessels and handle logistics.