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A pile of Indian five-hundred rupee banknotes issued by the Reserve Bank of India, fanned out to show the printed serial numbers and portrait of Mahatma Gandhi

Business

Indian Banks Are Cleaning Up Their Data to Avoid RBI Scrutiny

RBI's bank data-quality score just posted its sharpest jump in nine quarters. The gain came from the sub-score that measures compliance with the rulebook, not the one that tests whether a bank's own numbers actually hold together.

September 23, 2026

The bronze bull statue on a Mumbai street near the city's stock exchange district, taxis and colonial-era buildings behind it

Markets

Why India's Biggest Stock Exchange Took a Decade to List Itself

NSE's Rs 22,562 crore IPO is India's second-largest ever. What got the exchange here, and where its shares are about to trade, both tell a stranger story than the size of the raise.

September 23, 2026

Rows of empty red seats facing a lit blank screen in a Mumbai-style multiplex auditorium

Business

How a 1949 Law Keeps Mumbai's Movie Tickets Outside GST

BMC wants to raise the tax on a Mumbai multiplex ticket from Rs 60 to Rs 400 a show. The power behind that charge predates the GST by nearly seven decades, and GST was written to leave it standing.

September 23, 2026

Overlapping Indian one-hundred rupee notes bearing the Reserve Bank of India name and Mahatma Gandhi's portrait

Business

Rating Agencies Want India's Central Bank to Raise the Rate It Just Held

Four global forecasters raised India's FY27 growth outlook within the same week. Two of them paired the upgrade with a call for the RBI to raise a rate it has now held four meetings running.

September 23, 2026

A container ship stacked with shipping containers docked at a port terminal in India, with tall gantry cranes overhead

Geopolitics

Apple Makes One in Four iPhones in India While China Barely Invests There

Apple assembles about a quarter of its iPhones in India, yet Beijing itself has barely invested here. Washington is now throwing Xi Jinping a state welcome, and the trade truce behind that warmth expires in weeks.

September 22, 2026

A hand touches the glowing screen of a smartphone in the dark, with blurred red and amber city lights in the background

Technology

RatHat Steals Bank PINs Without Ever Touching the OTP

A new Android banking trojan reads PINs straight off the screen using the accessibility tool built for blind users. India's OTP defense never even sees it.

September 22, 2026

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