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Original analysis, derived from public data. India-anchored.

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A pile of Indian 500-rupee notes bearing the Reserve Bank of India name, photographed close up in dark tones

Markets

Jefferies' Bond Portfolio Holds India's 15-Year Debt While Foreign Funds Sell It

A 7.38% yield on India's 15-year bond looks like a bargain on paper. In September, foreign funds sold FAR bonds for the first time since March, and the RBI's reserves paid for the gap.

October 3, 2026

A petrol pump attendant in a teal uniform fuelling a black and yellow auto rickshaw in India

Geopolitics

India Held Pump Prices Flat and Its Excise Revenue Fell 23 Percent

The UN expects fuel subsidies worldwide to pass $1 trillion in 2026. India's share hides in a tax cut, not the subsidy budget, and the first five months of accounts show the bill arriving.

October 2, 2026

A smiling worker in a hairnet and blue uniform operates a sewing machine on a textile factory floor in India, with colleagues and stacked fabric behind her

Business

India's Factories Added 14 Lakh Jobs, but Output per Worker Rose Just 2 Percent

The 'growth without jobs' take fails for India's registered factories in 2024-25: 14 lakh people were added. The catch is that each added worker produced little extra, and the wage bill grew mostly because of headcount.

October 2, 2026

A man in a blue shirt and sunglasses walks along a tree-lined stone path in Surat, Gujarat

Health

India Has Regained Its Pre-Covid Lifespan, but WHO Cannot Say by How Much

WHO's new estimates say India's life expectancy is back above its 2019 level, ahead of the world. The 95 percent range around the 2023 figure runs 7.1 years, three times as wide as the 2019 range.

October 2, 2026

Oil tankers anchored off a coastline with a row of white fuel storage tanks behind them under a blue sky

Business

India Is Cutting Its Diesel Export Tax Just as America Hunts for Europe's Diesel

India's diesel export levy fell to ₹16 a litre on 1 October, the day Washington reportedly told Europe to release diesel stocks or face a US export ban. The levy is not a tax. It is a dial, and it is being turned toward the exporter.

October 1, 2026

Aerial view of rows of new SUVs parked in a large vehicle storage lot

Business

Maruti Beat the Forecast by Eight Points and Its Shares Still Fell Nearly 5 Percent

Maruti's September sales grew 24.4 percent against a projected 15 to 17, and its shares closed down 4.86 percent. September 2025 was a pre-GST-cut trough, so the growth was a base effect, and Bajaj's domestic sales show what is left once the base is stripped out.

October 1, 2026

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