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

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A grayscale view of the Mumbai skyline seen across the water, the city's high-rise financial district visible along the shoreline

Business

CBI's Second Reliance Chargesheet Names Six Bank Officials, Not Just Executives

CBI's July chargesheet in the Reliance Commercial Finance case named only company executives. Its September filing adds six officials from the lending banks themselves, over an alleged Rs 6,229 crore diversion inside a Rs 9,280 crore case.

September 8, 2026

A row of polished copper pipe fittings catching warm light, showing the raw metal's distinctive reddish sheen

Markets

The Smelter India Shut in 2018 Left It Exposed to a Record Copper Rally

Copper prices just set a record on the London Metal Exchange. India is unusually exposed to that swing, because of a smelter it closed in 2018 and never replaced.

September 8, 2026

Aerial view of a dense Mumbai high-rise skyline in daytime haze, financial district towers rising above the wider city

Business

Indian Companies Are Borrowing Back the Dollars RBI Just Sold to Defend the Rupee

Selling dollars to defend the rupee drained rupee liquidity at home. Indian companies responded by going out and borrowing dollars themselves, up 27 percent in a single month.

September 8, 2026

A foundry worker in a hard hat and respirator pours molten metal from a crucible into a casting mold, sparks flying

Business

The Carbon Tax India Just Escaped Is the Smaller One

The UK just recognized India's domestic carbon credits, sparing about $775 million of exports from its incoming carbon tax. That relief is a rounding error next to what the EU's carbon border tax, already in force, can reach.

September 8, 2026

A person scrolling a grid of photos in a social media app on a smartphone, held in both hands

Technology

The Algorithm Opt Out Reaches the People Who Want It Least

Australia's new law lets adults opt out of algorithmic feeds. The EU already offers that choice, and the users who spend the most time on social media are the ones least likely to use it.

September 8, 2026

A close-up pile of Indian Rs 500 rupee banknotes bearing the Reserve Bank of India seal, lit dramatically from one side

Business

India's Households Are Saving More and Borrowing Even Faster

Household debt has risen every reading since 2021, driven mostly by loans for spending, not homes, even as a one-year dip in new borrowing gets read as an improving balance sheet.

September 8, 2026

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