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

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An Art Deco office building in Mumbai seen from below against a blue sky with trees framing the edges

Business

Selling Down to 75 Percent Keeps Four Public Sector Banks Under State Control

Meeting the 25 percent public float rule would take roughly Rs 19,000 crore of government stock across four banks, and it would not end state control. Indian Overseas Bank alone needs about Rs 10,000 crore.

October 23, 2026

A health worker in green scrubs and blue gloves gives an injection into a patient's upper arm

Health

The Malaria Vaccine With a 40 Percent Price Cut Still Costs Twice as Much as Its Rival

Gavi and UNICEF cut the price of the Mosquirix malaria vaccine by about 40 percent to 5.50 euros a dose. Its rival R21 is $2.99, and WHO says neither performs better. The deal is conditional on a manufacturing move to India's Bharat Biotech.

October 23, 2026

Four villagers walk along a flooded paddy field at dusk in rural Bangladesh, with a row of new houses behind them

Health

India's Measles Protection Reads 95 Percent in One Count and 72 in Another

Bangladesh has recorded 1,189 measles deaths this year after a vaccine stockout. India's headline immunisation numbers look safe, but the survey underneath them is less comforting.

October 22, 2026

Three high-voltage electricity pylons and their power lines rising against a cloudy sky in a navy duotone

Business

India's Core Sector Grew 7.9 Percent in a Month When Its Output Fell

The core industries index grew 7.9 percent in September 2026, yet its level was lower than in August. A weak base month did much of the work, and the RBI should read the print that way.

October 22, 2026

Rows of server blades with drive bays in a data centre rack, shown in a blue duotone

Business

India's Data Centre Boom Is 4.5% of GDP on Paper and 0.13% in Moody's Model

Nomura counts IT investment at 4.5% of GDP, up from 0.8% a year earlier. Moody's expects data centres to add just 0.13% by 2030. Announced money and delivered GDP are different things.

October 22, 2026

Daytime aerial view of Mumbai's skyline, with residential towers and low-rise neighbourhoods under a hazy sky

Business

Barclays Is Cutting 5,000 Jobs for AI From a Workforce That Is 36% Asia-Pacific

Barclays says technology will cut 5,000 jobs, and 60% fall in support functions. Its filings show that is where two-thirds of its staff work, and Asia-Pacific now holds 36% of its staff overall.

October 22, 2026

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