Sensex +1,500 | Goldman Says 5.9% India Slowing? | Oil Crisis Deepens 5.9% GDP | War, Oil & Kitchens

Good Morning, I'm Nelson John. Welcome to Top Of The Morning. Today, markets are bouncing back hard with Sensex jumping 1,500 points after the US paused strikes on Iran. But behind the rally, Goldman Sachs just slashed India's growth forecast to 5.9% as oil prices and a weakening rupee squeeze the economy. We look at what this means for ONGC, why India's sugar and grain lobbies want ethanol in your kitchen, and TRAI's bold new plan to fine telcos up to 1% of their turnover. Five stories, one thread: oil is reshaping everything. Learn more about your ad choices. Visit megaphone.fm/adchoices