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The bronze bull statue on Dalal Street outside the Bombay Stock Exchange in Mumbai, with taxis and buildings behind it

Markets

Only Six of the Original 1991 Sensex Companies Are Still Listed

IndiGo's parent replaced Tata Motors on the Sensex in December 2025, closing out a lineage that traced to the 1991 reforms. The index that keeps reshuffling toward finance has, on its own numbers, gone nowhere since.

August 3, 2026

A heavily loaded truck decorated with religious motifs and carrying passengers travels down an Indian expressway, with a row of arched streetlights overhead

Business

India Has Two Official Highway Death Tolls, and They Disagree by 12,000

One government tally says deaths on India's national highways fell for the first time since Covid. A second, older government tally, for the same year, says they hit a record instead.

August 3, 2026

Indian university graduates in caps and gowns celebrating together outdoors after a convocation ceremony

Geopolitics

The $100,000 H-1B Fee Missed the Route Indian Graduates Already Use

OPT, the visa status most Indian STEM graduates use before they ever touch an H-1B, has never carried a fee at all. Washington's next $100,000 proposal is the first attempt to close that gap.

August 3, 2026

Low-angle view of two Mumbai skyscrapers under a clear blue sky, one still under construction with a crane at its top

Business

Zepto's Revenue Doubled While Its Valuation Fell by Two Thirds

Zepto's revenue more than doubled this year, but mutual funds priced its shares at about a third of what late-stage investors paid. The gap traces to a SEBI-mandated valuation rule funds must follow, not to the business turning bad.

August 3, 2026

The bronze charging-bull statue near the Bombay Stock Exchange on Dalal Street, Mumbai, with taxis and street traffic behind it

Markets

SEBI Replaced India's Closing Price Formula and Nifty Broke from Sensex

SEBI's new closing auction went live on August 3, 2026, and the Nifty and Sensex, which draw on the same large-cap names, closed the day nearly a percentage point apart. The regulator had already flagged mechanical side effects a year before launch.

August 3, 2026

A pile of Indian Rs 500 banknotes bearing the Reserve Bank of India seal and Mahatma Gandhi's portrait, photographed in dramatic low light

Business

EPFO's Own Rulebook Let It Lose Rs 1,800 Crore to Anil Ambani's Company

The CBI's Rs 1,816 crore case against Anil Ambani follows an investment EPFO's own mandate permitted, and a debt resolution the NCLT had already closed two years earlier.

August 2, 2026

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