
Markets
India's Reserve Peak Was Partly Dollars the RBI Has Promised to Sell Back
India's forex reserves are US$51 billion below their September record. The sharper number is the RBI's forward dollar book, which reached US$200 billion in August, and most of it falls due years from now.
By The Signal Editorial
October 13, 2026 · 6 min read
The Latest

Business
Why India's Growth Upgrade Arrived With a Rate Hike
The IMF lifted India's growth forecast to 7 percent, the RBI lifted its own to 7.1 percent, and the RBI raised rates in the same week. The demand behind the upgrade is the demand behind the inflation.
October 13, 2026

Markets
Why the Sensex Jumped 1,109 Points on a Tax Cut Nobody Announced
The finance minister announced no change to the tax on long-term equity gains. The Sensex still rose 1,109 points, because foreign investors have pulled out more than twice what that tax raises in a year.
October 13, 2026

Markets
Indian Mutual Funds Took In as Much Equity Money as Foreigners Sold in September
Equity mutual funds drew Rs 38,307 crore in September, almost exactly what foreign institutions sold. The same AMFI report shows the wider industry lost more than Rs 1.33 lakh crore.
October 12, 2026

Business
India's Inflation Hit 5.54 Percent, Above the Repo Rate the RBI Just Raised
Five days after the RBI raised the repo rate to 5.50 percent, September inflation came in at 5.54 percent. It was not a miss. The central bank's own forecast has the rate below inflation for the next three quarters.
October 12, 2026

Business
Petrol Cars Are Losing Share, Yet India Is Burning More Petrol
Petrol's share of new car registrations fell 5.5 points in a year. Petrol consumption still grew more than 7 percent. The headline metric measures the mix, not the barrels.
October 12, 2026

Business
India's Official Data Centre Power Forecast Nearly Doubled Between March and July
Three official figures for 2031-32 data centre demand sit between 13.56 GW and 26.3 GW. The grid plan rests on one peak-demand number, and inter-state transmission costs are pooled across the network's users.
October 11, 2026
Business & Markets

Business
Why India's Growth Upgrade Arrived With a Rate Hike
The IMF lifted India's growth forecast to 7 percent, the RBI lifted its own to 7.1 percent, and the RBI raised rates in the same week. The demand behind the upgrade is the demand behind the inflation.
October 13, 2026

Business
India's Inflation Hit 5.54 Percent, Above the Repo Rate the RBI Just Raised
Five days after the RBI raised the repo rate to 5.50 percent, September inflation came in at 5.54 percent. It was not a miss. The central bank's own forecast has the rate below inflation for the next three quarters.
October 12, 2026

Business
Petrol Cars Are Losing Share, Yet India Is Burning More Petrol
Petrol's share of new car registrations fell 5.5 points in a year. Petrol consumption still grew more than 7 percent. The headline metric measures the mix, not the barrels.
October 12, 2026
Technology & Science

Technology
Starlink's Real Rival in India Is Jio's Home Broadband, Not Its Cheap Mobile Data
Mobile data costs Rs 7.51 a gigabyte, a price no dish can match. The exposure is home broadband, where wireless lines now add subscribers as fast as every wired line combined.
October 11, 2026

Technology
India Lost Its Cheapest Phones to the AI Memory Boom, and Almost Nothing Else
India's smartphone market fell 11.1% in Q2 2026. Strip out phones under US$100 and the rest of the market did not shrink at all. AI data centres are repricing one band of buyers, not everyone.
October 6, 2026

Technology
Google's Hardened Framework Cuts XSS Bugs by 250 to 1
Google's AI bug hunter confirmed over 500 exploitable security flaws across its web apps, and only 2 on the hardened framework built to stop exactly that bug. The gap says more about templates than about talent.
September 27, 2026
Health, Culture & Geopolitics

Health
WHO Bars Obesity Drugs for Children Under 10 as Cheaper Versions Reach India
WHO's new guideline rules out obesity drugs and surgery for children aged 0 to 9, on thin evidence. In India, generic semaglutide at Rs 1,300 to Rs 4,200 a month has removed much of the price barrier, leaving guidance as the main one.
October 8, 2026

Health
Two Large Listed Hospital Chains Raised Bills Slower Than Parliament's Inflation Figure
A parliamentary panel wants foreign hospital capital curbed and prices capped, citing medical inflation of 10 to 13 percent. Two large listed chains report bill growth of 5 and 8 percent, and Apollo credits case mix.
October 5, 2026

Health
Serum Institute's HPV Vaccine Cleared WHO While India Vaccinates With Gardasil
WHO prequalified Cervavac on 25 September 2026, the sixth HPV vaccine to clear the gate. India's own free programme, launched in February, runs on Merck's Gardasil.
October 5, 2026