
Business
Dream11 Lost 95 Percent of Its Revenue and Kept 250 Million Users
India's real money gaming ban wiped out Dream11's revenue overnight. A year on, the app, the contests and the 250 million accounts are all still there, just running on ads instead of entry fees.
By The Signal Editorial
August 23, 2026 · 8 min read
The Latest

Business
India's Space Economy Bet Assumes Cheaper Rockets It Doesn't Have
India's rockets cost about four times as much per kilogram to orbit as America's, a Cambridge study finds. The government's $40-45 billion space economy target assumes that gap closes on its own.
August 23, 2026

Business
FSSAI's Maximum Fine Would Not Cover One Day of Nestle's Ad Spending
FSSAI has sent more than 150 notices to Nestle, PepsiCo and Coca-Cola's India arms over misleading ads. The law caps the fine at Rs 10 lakh, a fraction of what Nestle alone spends on advertising in a single day.
August 23, 2026

Geopolitics
The Question That Took India's Top Court Twenty One Years Still Lacks a Majority
A nine-judge Supreme Court bench was convened to settle who counts as an industry under Indian labour law. Its reformulated answer commands the votes of only four of the nine judges who heard it.
August 23, 2026

Business
8.7 Crore Young Indians Count As Neither Employed Nor Unemployed
NITI Aayog's own report counts 8.7 crore Indians aged 15 to 29 as idle: neither working, studying nor training. Most never show up in the unemployment rate at all.
August 23, 2026

Business
India's Housing Bookings Fell 21 Percent While Prices Kept Rising
Listed developers' bookings fell 21% and DLF, India's biggest by market value, barely sold anything. Home prices across India's top cities kept climbing anyway. Cheap credit is why sellers didn't have to blink.
August 23, 2026

Markets
India's Record Forex Reserves Hide a Record Short Dollar Position
Headline reserves are back near their February record. Off that ledger, the RBI's forward dollar book is short a record $106.7 billion, over half of it not due for more than a year.
August 22, 2026
Business & Markets

Business
Dream11 Lost 95 Percent of Its Revenue and Kept 250 Million Users
India's real money gaming ban wiped out Dream11's revenue overnight. A year on, the app, the contests and the 250 million accounts are all still there, just running on ads instead of entry fees.
August 23, 2026

Business
India's Space Economy Bet Assumes Cheaper Rockets It Doesn't Have
India's rockets cost about four times as much per kilogram to orbit as America's, a Cambridge study finds. The government's $40-45 billion space economy target assumes that gap closes on its own.
August 23, 2026

Business
FSSAI's Maximum Fine Would Not Cover One Day of Nestle's Ad Spending
FSSAI has sent more than 150 notices to Nestle, PepsiCo and Coca-Cola's India arms over misleading ads. The law caps the fine at Rs 10 lakh, a fraction of what Nestle alone spends on advertising in a single day.
August 23, 2026
Technology & Science

Technology
India's SIM Cap Can't Reach Rings That Split Connections Across Many Buyers
A new circular blocks anyone who already holds nine connections from getting a tenth. A ring that spreads its SIMs across many separate buyers, each under the limit, never trips it.
August 21, 2026

Technology
India Regulates What Meta Posts, Not How Meta Is Built
A 29-state trial against Meta rests on product-liability law, not speech law, the same route once used against tobacco companies. India's IT Rules and DPDP Act can order a takedown or fine a data violation, but neither can reach the algorithm itself.
August 19, 2026

Technology
A Law Built for Case-by-Case Review Now Blocks Accounts by the Thousand
Section 69A requires a committee to individually judge each blocking order 'justifiable,' with reasons recorded in writing. In practice, one 2025 order blocked 2,355 accounts inside an hour, and the government has not published an annual count since 2022.
August 18, 2026
Health, Culture & Geopolitics

Health
South Asians Are Almost Absent From the Databases That Calibrate Global Medicine
South Asians are close to a quarter of humanity, but the genomic databases that build disease-risk scores and drug-dosing guidance include almost none of them. The gap already shows up in a heart drug that fails more often and a risk score that reads worse.
August 21, 2026

Health
India Has No National Flu Vaccine Plan, So H1N1 Comes Back Every Year
Delhi's H1N1 cases are up sixfold this year, and an unreported death in Indore has triggered a state probe. Both trace back to a program that has never existed: India offers no subsidized flu vaccine to anyone.
August 21, 2026

Health
Congo's Worst Ebola Outbreak Ever Has No Vaccine Behind It
The Democratic Republic of Congo's Ebola outbreak just became the deadliest ever recorded there. The virus behind it has never had a licensed vaccine, and the fastest candidate in testing is still months from proving it works.
August 17, 2026