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

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A trader reviews a cryptocurrency price chart on a smartphone during an office meeting, with a laptop and tablet on the desk

Markets

India's New Crypto Self-Regulator Cannot Reach the Traders It Was Built For

A parliamentary panel wants crypto exchanges to police themselves, weeks after the RBI told the same committee virtual digital assets should not be legalised at all. Both proposals arrive years after India's own tax regime pushed most trading beyond either body's reach.

July 25, 2026

A finger pressing the green-lit fingerprint scanner on a wall-mounted biometric access panel

Business

India's New Financial ID Turns One Breach Into an All-Accounts Breach

CKYC 2.0 lets banks, insurers and mutual funds pull one customer's record with a single consent. That convenience is also the risk: one breach, or one coerced consent, can now expose an entire financial profile instead of one institution's slice of it.

July 25, 2026

A young woman studying at a desk in a library reading room in New Delhi, India

Geopolitics

Education's Share of India's Spending Kept Falling Even as the Money Grew

Dharmendra Pradhan resigned as India's education minister this week, forced out by weeks of protest over the NEET-UG paper leak. The system he ran had been losing budget ground to health, and to its own funding target, for years before the leak.

July 25, 2026

Science

Science

LIGO-India Is Being Built to Match a Sensitivity Tier the US Only Reaches This Year

LIGO-India's Aundha detector is designed to match the A+ sensitivity the US network is only months from finishing. India's own construction runs years longer, and the US roadmap already names the tier after A+.

July 25, 2026

Rows of server racks with mesh doors and cabling in a data center, photographed at an angle receding into the distance

Business

RBI's Data Governance Draft Falls Hardest on India's Smallest NBFCs

RBI's new draft data governance rules ask a five-branch NBFC to install the same senior data officer as a nationalised bank. The mandate lands on lenders whose loans are a sixth the market's average size.

July 24, 2026

A dense pile of Indian 100-rupee banknotes bearing the Reserve Bank of India markings and Mahatma Gandhi's portrait

Markets

RBI's Dollar Sales to Defend the Rupee Are Tightening Its Own Banks

Every dollar the RBI sells to defend the rupee pulls a matching sum of rupees out of the banking system. That mechanism is now running into a liquidity surplus already at a three-week low.

July 24, 2026

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