Core Viewpoint - The Reserve Bank of India (RBI) indicates that the global economy is currently experiencing turbulence, while domestic price conditions remain moderate [1] Group 1 - The RBI highlights the ongoing volatility in the global economic landscape, suggesting potential challenges for international trade and investment [1] - Despite global uncertainties, the domestic inflationary pressures in India are described as being under control, reflecting a stable price environment [1]

Core Points - Iran suffered a significant blow from an Israeli attack on June 13, exposing its defense capabilities and leading to the death of several high-ranking officials, including IRGC leaders and nuclear scientists [1] - The attack has prompted Iran to reassess its security measures for sensitive nuclear facilities and consider various retaliation options, including threats against the U.S. and regional allies [1][2] - The ongoing nuclear negotiations in Oman are fragile, with military threats undermining diplomatic efforts [3] Group 1: Retaliation Strategies - Iran's multi-layered retaliation strategy aims to implement strategic strikes, impose substantial costs, and effectively deter future attacks [4] - Potential retaliation measures include disrupting global oil supply routes, particularly through the Strait of Hormuz, which handles nearly 20% of global oil transport [5] - Iran may utilize its naval capabilities to attack commercial shipping or encourage proxy groups to do so, thereby creating a shipping crisis [5] Group 2: Proxy Warfare - Iran has a network of proxy forces across the Middle East, including the Houthis, Iraqi militias, and Hezbollah, capable of launching rocket attacks and covert operations [6][7] - Despite some weakening due to recent conflicts, these proxies remain a significant threat and could be mobilized for immediate retaliation against Israel or its allies [7] Group 3: Military Capabilities - Iran possesses thousands of ballistic missiles and an expanding drone fleet, which are central to its retaliation strategy [8] - The country has previously conducted hundreds of missile and drone attacks against Israel, with ongoing improvements in missile range and precision [8][9] Group 4: Cyber Warfare - Iran's cyber warfare units have targeted U.S. and Israeli infrastructure, causing economic and symbolic damage while maintaining plausible deniability [10] - Recent claims of acquiring sensitive Israeli documents indicate an escalation in cyber operations, focusing on critical infrastructure attacks [10] Group 5: Global Terrorism - Iran may plan attacks in third countries against Israeli targets or citizens, leveraging its extensive experience in orchestrating global terror operations [11] - Despite a reduction in regional influence, Iran maintains a network capable of conducting operations in various regions, particularly in Iraq [11] Group 6: Nuclear Developments - Although Iran claims no intention to develop nuclear weapons, officials warn that external pressures could force a shift in this stance, potentially accelerating uranium enrichment to weapon-grade levels [12] - The upcoming nuclear talks in Oman are critical, as their outcome will influence Iran's potential use of its multi-layered retaliation options and the risk of broader conflict [13]