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Indian rupee banknotes of every denomination, from ten to two thousand rupees, pinned to a clothesline against green leaves

Business

Haryana Pays Every Eligible Woman in a Family, Delhi Pays Only the Eldest

Delhi's new Lakshmi Yojana borrows Madhya Pradesh's exact income cutoff for its cash transfer to women, then adds two eligibility rules that neither Madhya Pradesh nor Haryana's comparable scheme carries.

July 29, 2026

A person sitting on a bed checks stock prices on a smartphone trading app, with a laptop open alongside

Markets

SEBI Bars Brokers From Finfluencers, Not Finfluencers From Giving Advice

A 2024 rule stops brokers from working with unregistered stock tipsters, not the tipsters from giving advice. Only 6 percent of India's finfluencers are SEBI-registered, and the licensed-adviser pool meant to fill the gap is still smaller than it was in 2020.

July 29, 2026

Close-up of Indian rupee banknotes, including a Reserve Bank of India note, and a twenty-rupee coin

Business

Airtel and Fino Turned a Profit While Paytm's Payments Bank Was Wound Up

The Delhi High Court has wound up Paytm's banking arm on the RBI's petition. Of the original eleven payments banks the regulator licensed in 2015, only two, Airtel and Fino, have a confirmed profit to show for it.

July 29, 2026

Mumbai high-rise towers and a construction crane silhouetted at dusk, part of the city's skyline

Business

The Rs 100 Crore Club Is Growing Nearly Four Times Faster Than India's GDP

A record 576 Indians declared gross income above Rs 100 crore in Assessment Year 2025-26, a headcount growing nearly four times faster than the economy that produced it, and far faster than the tax take it fed.

July 29, 2026

Electricity transmission towers silhouetted against a hazy sunrise over an open field in Punjab, India, power lines converging toward the sun

Business

Why India's AI Data Centres Need More Than Renewables Promise

The government's estimate for AI data-centre power demand nearly doubled within months, to 26.3 gigawatts by 2032. Meeting that load with renewables that clear a regulatory floor of 21 to 35 percent capacity utilisation is a very different problem than meeting it on paper.

July 29, 2026

Close-up of illuminated blue data server racks with rows of labeled hard drives, evoking the back-end infrastructure banks store customer data on

Business

Bank of Baroda's Breach Puts India's Data Penalty Law to the Test

Bank of Baroda traces its data leak to one compromised employee email account. The real test is whether that counts as failing India's law on reasonable security safeguards.

July 28, 2026

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