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A woman harvesting sugarcane by hand in a field in Sangli, Maharashtra, India, gathering cut cane leaves

Business

How India's Bid to Cool Sugar Prices Raised Them Abroad

India opened duty free sugar imports to calm retail prices at home. The FAO's own numbers show that announcement was one of the reasons the world price, the one India will actually pay, jumped instead.

September 5, 2026

Close-up of a stack of sealed one-kilogram gold bullion bars, each stamped with weight and purity marks

Markets

India Brought Its Gold Home While Europe Just Moves It Between Vaults

The Dutch central bank just moved 86 tonnes of gold from New York and Ottawa to London, citing 'geopolitical unrest.' The Reserve Bank of India answered the same question years ago, and did it by bringing the metal home.

September 5, 2026

A judge's gavel being brought down on its sound block

Markets

CCI Found a Debenture Trustee Cartel and Fined No One

The competition regulator held India's debenture-trustee cartel guilty of fixing fees for years. It fined every one of them zero rupees.

September 4, 2026

Overlapping Indian ₹100 banknotes bearing the Reserve Bank of India seal and a portrait of Mahatma Gandhi

Business

RBI's Rupee Rescue Carries a $5.7 Billion Annual Bill

RBI's dollar-deposit facility drew a record $136 billion and closed a month early, its own success outrunning its target. Analysts estimate the bill RBI itself is carrying for that rescue at $5.7 billion a year.

September 4, 2026

A team of surgeons and nurses in masks and gowns working around an operating table under surgical lights, with a tray of instruments in the foreground

Health

A Pig Kidney Kept a Transplant Patient Off Dialysis for Nine Months

A genetically edited pig kidney kept a US patient off dialysis for 271 days before he received a human kidney, the first documented xenotransplant bridge. The result matters most where deceased donors, not surgical capacity, are the binding constraint.

September 4, 2026

The Mumbai coastline at low tide, rocky shore in the foreground and the hazy city skyline visible across the water

Technology

India Has Zero Ships That Can Fix Its Undersea Internet Cables

Up to 95 percent of India's international data to Europe, Africa and West Asia funnels through cables landing on one stretch of Mumbai coast, and India owns no ship that can repair a cut one.

September 4, 2026

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