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

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An overhead traffic camera on a pole watches a lane of cars with headlights on, from the edge of a building

Business

Why India's Satellite-Tolling Plan Is Stalled as NH-48 Goes Barrier-Free

NHAI's satellite-tolling plan has been stuck in committee review since mid-2025 over security and privacy concerns. The barrier-free system now live on NH-48 runs on number-plate cameras and FASTag instead, and it already delivers most of the promised speed.

August 2, 2026

A dense fan of Indian 100 rupee banknotes bearing the Reserve Bank of India name and Mahatma Gandhi portrait, laid out and overlapping

Business

RBI Lets Banks Pay Big Depositors More Than Everyone Else

RBI's new rules let banks price deposits of 3 crore rupees and up against a Basel liquidity formula from October 2026. Three of five bank categories, and every small saver, still get one fixed rate.

August 2, 2026

Aerial view of thousands of new cars parked in matching rows in a vehicle storage lot, awaiting delivery to dealers

Business

India's Record July Car Sales Are Dealer Stock, Not Customer Demand

Maruti and Hyundai just posted their best months ever, but those are factory dispatches to dealers, not cars bought by customers. Dealer lots already hold more stock than the industry's own benchmark allows.

August 2, 2026

A military tracking radar dish mounted on a mobile platform, angled skyward against a clear sky

Geopolitics

America's Scarcest Missile Interceptor Is Also Its Slowest to Build

The Pentagon is asking Congress for $18.2 billion to refill the interceptors the Iran war used up. The Patriot line can be rebuilt fast; THAAD's own fix is already funded too, but it does not land until 2032.

August 2, 2026

A scattered pile of Indian 500-rupee banknotes

Business

India's GST Jump Owed As Much to Imports as to Domestic Sales

July's GST print grew 15.4%, the fastest pace in over a year. Split the number into its domestic and import lines and a smaller, price-sensitive import base added almost as much as the far larger domestic economy did.

August 1, 2026

A woman farmer in a green field in India broadcasting fertiliser by hand from a wide metal pan, with a tree on the horizon

Business

India's Fertiliser Subsidy Rewards the One Nutrient It Wants Farmers to Use Less

Government appeals for balanced fertiliser use keep failing. Parliament's own committee has already explained why: urea's price is fixed and cheap while everything else went to market pricing.

August 1, 2026

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