There’s nothing straight about Hormuz | A lifeline for small businesses | The Daily Brief #491

Open a free demat and trading account online at Zerodha: https://zerodha.com/open-account/?c=Z... In today's episode of The Daily Brief, we cover two major stories shaping the Indian economy and global markets: Story 1: Why Hormuz Isn't Back to Normal Yet The Strait of Hormuz may have reopened after the US-Iran conflict, but global trade is far from normal. This story explores how mines, damaged oil infrastructure, high insurance costs, and legal uncertainty continue to disrupt one of the world's most important energy routes, keeping oil markets and global supply chains on edge. Story 2: How India Is Helping Small Businesses Borrow Again India has revived its Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs facing liquidity stress from global disruptions. This story explains how government-backed credit guarantees encourage banks to lend, why the scheme worked during COVID-19, and the risks that come with using public guarantees to fuel business credit. Timestamps 00:00 Intro 00:45 Hormuz's long recovery 11:27 The MSME safety net 21:58 Tidbits Checkout Subtext by Zerodha: https://subtextbyzerodha.substack.com/ Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/ Checkout Markets By Zeodha's Reddit here:   / marketsbyzerodha   Checkout The Chatter here: https://thechatterbyzerodha.substack.... Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/ Listen to this episode on your preferred podcast platform: Spotify: https://open.spotify.com/show/2SJiLdv... Apple Podcasts: https://podcasts.apple.com/in/podcast... Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended. Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.