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Business
Blinkit Added More Stores in a Quarter Than Maharashtra's Hygiene Drive Inspected
Maharashtra's food safety drive flagged 87 percent of the dark stores it checked. That drive covered a sliver of the network Blinkit, Zepto and Instamart have built.
August 15, 2026 · 7 min read
Business
Before This Scheme Existed, Taxpayers Had Already Disclosed Rs 29,208 Crore
A one-time window for small taxpayers with undisclosed foreign assets opens August 16, 2026, framed as a fresh chance at leniency. CBDT's own numbers show a separate disclosure drive had already pulled in more money than the last full amnesty ever raised, years before this scheme existed.
August 15, 2026 · 7 min read
Business
Indian IT's Billing Model Is Breaking Under AI Discounting
TCS just posted its first full-year revenue decline in company history. In the same window, Coforge grew revenue 33 percent. The gap is the billing model, not the technology.
August 14, 2026 · 7 min read
Business
India's Factory Margins Are Being Squeezed by Raw Materials, Not Wages
RBI's FY2025-26 corporate data show manufacturing profit growth cooling because raw material costs jumped 18 percent, not because of wages. IT, which held wage growth to the low single digits, was the only sector to grow its margin at all.
August 13, 2026 · 6 min read
Business
India's Coal Mine Pipeline Nearly Doubled as Non-Fossil Capacity Passed Half
India proposed nearly twice as much new coal mine capacity in 2025 as in 2024, the same window in which non-fossil sources became the majority of its installed power capacity. The mine pipeline is the harder forecast to ignore.
August 13, 2026 · 7 min read
Business
Bank of America Buys Half of Jio Credit Without Buying Control
Bank of America is paying up to $1.9 billion for a stake in Reliance's fast-growing lender that tops out at 49.9 percent, just short of a majority. The number reveals what foreign capital wants from India's shadow-banking boom: exposure, not control.
August 13, 2026 · 7 min read
Business
India's Direct Tax Collections Are Growing Three Times Faster Than the Economy
Net direct tax receipts are up 23 percent so far this fiscal year, while GDP estimates sit at 6.7 to 8 percent. Even the Budget's own growth math cannot explain the gap.
August 12, 2026 · 7 min read
Business
Tata Sons' Next Chairman Answers to the Trusts, Not the Market
Chandrasekaran's exit looks like boardroom drama. The real story is the mechanism behind it: trusts, not any market, pick the chairman of companies worth hundreds of billions in public shareholder money, and this has happened before.
August 12, 2026 · 8 min read
Business
India's Banks Wrote Off Rs 10 Lakh Crore and Recovered a Fraction of It
A Parliament reply puts India's 12-year corporate write-off tally near Rs 10 lakh crore. The government's own recovery data show banks have got back well under half of it, however you slice the window.
August 12, 2026 · 7 min read
Business
India's Rural Female Employment Rate Fell Sharply Even as Participation Held Steady
Rural women's participation in India's labour force held roughly steady this year. The share who actually found work collapsed anyway, and by June 2026 female unemployment had climbed to a 13-month high.
August 11, 2026 · 7 min read
Business
Adani's Charges Were Dropped, Not Disproven
A US judge dismissed the criminal case against Gautam Adani, Sagar Adani and Vneet Jaain on a Justice Department motion, not a trial verdict. The reasoning behind it rides the same enforcement pullback that has shelved other foreign-bribery cases.
August 11, 2026 · 8 min read
Business
India's Flagship Skilling Scheme Missed 90 Percent of Its Own Target
PMKVY 4.0 set out to certify 30 lakh candidates in FY2025-26. It certified 2.87 lakh, and it had spent only 14 percent of its budget.
August 11, 2026 · 7 min read
Business
RBI Now Expects Inflation Well Above What Its New Index Has Printed
MoSPI's new inflation index, rebuilt on a 2024 base year, has climbed at every reading since its January 2026 launch, reaching 4.38 percent by June. The Reserve Bank's own August 2026 forecast already assumes it goes higher.
August 11, 2026 · 7 min read
Business
India's Non-Fossil Power Capacity Overtook Coal, Not Its Generation
India's installed power capacity crossed the halfway mark for non-fossil sources in June 2026. Its electricity generation, and the CEA's own forecast through 2035-36, did not follow.
August 10, 2026 · 8 min read
Business
For Every Chinese FDI Approval in India, Hong Kong Got Thirteen
India approved a single Chinese FDI proposal in FY26, worth Rs 1 crore. Hong Kong, spared the land-border screening China faces, cleared thirteen worth Rs 610 crore.
August 3, 2026 · 7 min read
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 · 7 min read
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 · 6 min read
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 · 7 min read
Business
Why India's Satellite-Tolling Plan Is Stalled as NH-48 Goes Barrier-Free
NHAI's satellite-tolling plan has been stuck in committee review since mid-2025 over security and privacy concerns. The barrier-free system now live on NH-48 runs on number-plate cameras and FASTag instead, and it already delivers most of the promised speed.
August 2, 2026 · 7 min read
Business
RBI Lets Banks Pay Big Depositors More Than Everyone Else
RBI's new rules let banks price deposits of 3 crore rupees and up against a Basel liquidity formula from October 2026. Three of five bank categories, and every small saver, still get one fixed rate.
August 2, 2026 · 7 min read
Business
India's Record July Car Sales Are Dealer Stock, Not Customer Demand
Maruti and Hyundai just posted their best months ever, but those are factory dispatches to dealers, not cars bought by customers. Dealer lots already hold more stock than the industry's own benchmark allows.
August 2, 2026 · 7 min read
Business
India's GST Jump Owed As Much to Imports as to Domestic Sales
July's GST print grew 15.4%, the fastest pace in over a year. Split the number into its domestic and import lines and a smaller, price-sensitive import base added almost as much as the far larger domestic economy did.
August 1, 2026 · 7 min read
Business
India's Fertiliser Subsidy Rewards the One Nutrient It Wants Farmers to Use Less
Government appeals for balanced fertiliser use keep failing. Parliament's own committee has already explained why: urea's price is fixed and cheap while everything else went to market pricing.
August 1, 2026 · 7 min read
Business
IndiGo Doubled Its A350 Order, Then Grounded Its Wide-Body Fleet
IndiGo is handing back every wide-body jet it flies, more than a year before a single owned Airbus A350 lands. The international push was built entirely on borrowed aircraft.
August 1, 2026 · 7 min read
Business
India's Industrial Boom Is Running Ahead of Its Consumers
India's factory output grew 5.1% in May 2026, but capital goods surged 12.9% while consumer non-durables managed just 3.6%. The boom is being built well ahead of the households it is meant to serve.
August 1, 2026 · 7 min read
Business
India Approves Rs 84,084 Crore for Offshore Oil It Still Cannot Convert to Production
The new Samudra Manthan scheme extends an oil-exploration program that awarded 144 blocks and produced from just one. The bottleneck it funds may not be the one keeping India dependent on imports.
July 31, 2026 · 7 min read
Business
Why Private Banks Fine Account Holders Twice as Hard as Public Banks
Private lenders collected Rs 4,949 crore in FY26 minimum-balance penalties, more than double what public sector banks collected. The rule that permits that gap sets no ceiling on it at all.
July 29, 2026 · 7 min read
Business
Haryana Pays Every Eligible Woman in a Family, Delhi Pays Only the Eldest
Delhi's new Lakshmi Yojana borrows Madhya Pradesh's exact income cutoff for its cash transfer to women, then adds two eligibility rules that neither Madhya Pradesh nor Haryana's comparable scheme carries.
July 29, 2026 · 7 min read
Business
Airtel and Fino Turned a Profit While Paytm's Payments Bank Was Wound Up
The Delhi High Court has wound up Paytm's banking arm on the RBI's petition. Of the original eleven payments banks the regulator licensed in 2015, only two, Airtel and Fino, have a confirmed profit to show for it.
July 29, 2026 · 7 min read
Business
The Rs 100 Crore Club Is Growing Nearly Four Times Faster Than India's GDP
A record 576 Indians declared gross income above Rs 100 crore in Assessment Year 2025-26, a headcount growing nearly four times faster than the economy that produced it, and far faster than the tax take it fed.
July 29, 2026 · 7 min read
Business
Why India's AI Data Centres Need More Than Renewables Promise
The government's estimate for AI data-centre power demand nearly doubled within months, to 26.3 gigawatts by 2032. Meeting that load with renewables that clear a regulatory floor of 21 to 35 percent capacity utilisation is a very different problem than meeting it on paper.
July 29, 2026 · 8 min read
Business
Bank of Baroda's Breach Puts India's Data Penalty Law to the Test
Bank of Baroda traces its data leak to one compromised employee email account. The real test is whether that counts as failing India's law on reasonable security safeguards.
July 28, 2026 · 7 min read
Business
Tata Sons Grew Profit While Its Dividend Income Fell
Tata Sons booked a one-off gain to cover a 10% fall in its core dividend income, even as Air India, Tata Digital and Tata Electronics lost a combined Rs 28,823 crore in FY26.
July 28, 2026 · 7 min read
Business
India's Migrant Workers Send Home More Dollars Than Foreign Investors Bring In
Indians working abroad sent home an estimated $129 billion in 2024, the largest remittance inflow to any country and well ahead of what foreign investors put into India. Industrial policy still spends its subsidies chasing factories instead.
July 27, 2026 · 7 min read
Business
India Sells China More Engineering Goods Even as the Trade Deficit Hits a Record
India's engineering goods exports to China grew nearly three and a half times faster than the sector overall in June, even as India's total trade deficit with China set a fresh record. The reversal is real, but it is still small.
July 27, 2026 · 7 min read
Business
India's Rupee Trade With Russia Leaves Moscow Holding Money It Cannot Spend
Russian oil's share of India's imports hit a two-year high in May 2026, cast as proof rupee trade with Russia works. The rupees Russia earns are hard to spend, and Washington just showed it can reopen the tariff question at will.
July 26, 2026 · 7 min read
Business
Why 1.53 Percent of India's Withdrawn ₹2,000 Notes Have Not Returned
RBI says 98.47% of India's withdrawn ₹2,000 notes have returned after three years, a mark that 2016's demonetisation cleared faster and more completely. The difference is that the ₹2,000 note never stopped being legal tender.
July 26, 2026 · 5 min read
Business
Apple Wants Chips From the Chinese Firms Washington Blacklisted
Apple wants memory chips from the Chinese makers Washington restricted, to escape an AI-driven shortage that is enriching Micron. The exception it is asking for tests how fixed that wall really is.
July 26, 2026 · 8 min read
Business
A Paper Leak, Not a Budget Cut, Cost India's Education Minister His Job
Dharmendra Pradhan resigned as education minister citing an exam scandal, not a funding shortfall. The Union budget for his own ministry is already at a record this year, months after a mid-year cut that drew no protest at all.
July 26, 2026 · 7 min read
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 · 7 min read
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 · 7 min read
Business
India's Services Boom Just Became Its Growth Problem
India's composite PMI just hit a four-year low, but split the number in two and manufacturing barely moved. Services, the sector that has carried Indian growth since the pandemic, did nearly all the falling.
July 24, 2026 · 7 min read
Business
The US Tariff on India Did Not Change Its Number, Only Its Legal Basis
Washington let a temporary 10 percent tariff on India expire and replaced it with a permanent one at the same rate, built on a forced labor finding instead of the trade deficit.
July 24, 2026 · 7 min read
Business
India's Fastest Growing Household Loans Are Not for Homes
Household debt is climbing, but the RBI's own numbers show gold loans and small fintech loans are doing the growing, not mortgages. Housing debt is shrinking as a share of the total and getting safer, while the loans replacing it default at far higher rates.
July 23, 2026 · 6 min read
Business
Why AI Hit the Customer Service Job First, Not the Engineering One
Uber cut customer-service jobs and blamed AI for the first time. The tier it cut is the one anchoring India's BPO export industry, not the engineering exports that kept growing.
July 23, 2026 · 6 min read
Business
Bank Recovery Agent Complaints Doubled Even Under RBI's Fair Practices Code
Banks drew more than double the recovery-agent complaints in FY26 than in FY25, even though RBI's rules have banned the underlying conduct since 2015. The lending boom behind the numbers is the real story.
July 23, 2026 · 6 min read
Business
Adani and GMR Could Soon Compete With the Airlines They Host
India may let its biggest airport operators launch airlines to challenge the IndiGo-Air India duopoly. The same operators already set the landing fees and gates every rival carrier depends on.
July 22, 2026 · 7 min read
Business
India's Pharma Stocks Crashed Over a Tariff That Waits Three Years
Washington's new tariff on Indian generics does not reach full strength until August 2029. The three-year delay reveals how dependent American pharmacies already are on Indian-made pills.
July 22, 2026 · 7 min read
Business
Indian Banks Recovered Just 4.5 Percent of Rs 1.42 Lakh Crore Reported Stolen
Banks recovered just 4.5 percent of the Rs 1.42 lakh crore they reported losing to fraud in five years. A fifth of that headline figure turns out to be old cases relabeled, not new losses, and the money that is left behaves nothing like an ordinary bad loan.
July 22, 2026 · 7 min read
Business
India's Electronics Industry Only Adds 18 to 20 Percent in Value
Production sextupled and exports grew eightfold in a decade, and the flagship PLI scheme beat its own targets. The government's own estimate says only 18 to 20 percent of what India's electronics industry makes is actually added in India.
July 22, 2026 · 7 min read
Business
IndiGo's Record CFM Order Is a Hedge Against Its Own Grounded Jets
IndiGo just placed CFM's largest engine order ever. Dozens of its Pratt & Whitney-powered jets are still sitting grounded, and the timing is the real story.
July 21, 2026 · 7 min read
Business
India's UPI Runs in 12 Countries and Barely Moves Money Abroad
The government just told Parliament that UPI is now live for payments in 12 countries, up from one in 2021. Cross-border transaction value in FY25 came to Rs 258.53 crore, against a domestic system moving Rs 314.23 lakh crore a year.
July 21, 2026 · 7 min read
Business
India's Solar Cell Mandate Rested on Just Nine Manufacturing Lines
MNRE has extended a solar-cell sourcing exemption to December, weeks after starting to enforce it. The domestic cell base behind the rule covers a sliver of what the market needs.
July 20, 2026 · 7 min read
Business
Singapore and Tanzania Are Driving India's Export Growth Faster Than the US or EU
New Delhi has spent 2026 closing a two-decade-old trade deal with the EU and framing an interim one with the US. The export growth that actually shows up in the numbers is coming from Singapore, Tanzania, Sri Lanka, South Africa and China instead.
July 20, 2026 · 7 min read
Business
One RBI Rule Change Is Pushing Indian Banks Back to Corporate Loans
India's top private banks are growing corporate loans well ahead of retail this quarter, reversing years of retail-led credit growth. A 2023 RBI rule on unsecured lending explains why banks turned back to companies.
July 20, 2026 · 7 min read
Business
PNB Tripled Its Profit as Lending Income Grew Just 2 Percent and Bad-Loan Charges Doubled
Punjab National Bank's profit almost tripled in the June quarter. The number that is supposed to drive it, its core lending income, grew by just 2 percent, and its bad-loan provisions doubled.
July 19, 2026 · 8 min read
Business
India's Space Budget Grew While Its Private Regulator's Budget Shrank
Skyroot's Vikram-1 reached orbit on money raised from venture investors, not the state. The one budget line built to attract that private capital was the one the government just cut.
July 18, 2026 · 8 min read
Business
RBI's Plastic Currency Push Is a Second Attempt, Not a First
A global tender for polymer banknote material revives a plan RBI shelved a decade ago after plastic Rs 10 notes ran into trouble at ATMs. This time the specification arrives wrapped in security clauses aimed at China and Pakistan.
July 18, 2026 · 7 min read
Business
India's Startup Funding Rose 12 Percent as Deal Count Fell 43 Percent
A single week's funding total nearly quadrupled and AI took most of it. Zoom out to the first half of 2026, and the number of companies getting funded at all is shrinking fast.
July 18, 2026 · 7 min read
Business
India's Financial Inclusion Index Is Rising on Usage, Not Quality
RBI's Financial Inclusion Index hit a record 70.0 for the year to March 2026, and RBI's own statement credits the gain to Usage alone. The Quality leg, the one it just named a five-year strategic priority, drew no such credit.
July 17, 2026 · 7 min read
Business
India's Sharpest Tariff Tool Only Works on Countries Without a Deal
Six government working groups are shortlisting up to 100 products to replace with local output. New trade deals with the UK, EFTA and Australia have just locked in tariff cuts across most of India's tariff book, in categories the list is chasing.
July 17, 2026 · 7 min read
Business
India Is Reviving the UPI Fee It Killed to Beat Credit Cards
India zeroed out the UPI merchant fee in 2020 to beat credit cards, then only ever subsidized the smallest transactions. Now it wants large merchants, who never got the subsidy, to start paying again.
July 17, 2026 · 7 min read
Business
Why India's Current Account Surplus Did Not Survive May
RBI's headline print shows a two-month current account surplus, but May 2026 alone was already back in deficit, and the merchandise trade gap has widened in every window measured since. The financing cushion built to absorb it is thinner than it was three years ago.
July 16, 2026 · 7 min read
Business
India Kept Its Rare Earths in the Ground and Bought Magnets From China
India holds millions of tonnes of an internationally significant rare earth resource and still leaned on China for up to 90 percent of its magnet imports. Beijing's export curbs are now testing what that choice costs.
July 16, 2026 · 7 min read
Business
HP Rigged the Government Marketplace Built to Stop Bid-Rigging
CCI fined HP India Rs 138.85 crore for rigging bids on GeM, the marketplace it partnered with CCI to keep clean. The case came to light only because HP turned on itself.
July 15, 2026 · 7 min read
Business
Why Buying IDBI Bank Requires Breaking RBI's Ownership Cap
Fairfax's bid for IDBI Bank is priced at $5.5 billion, but the number that decides it is 26: the share of voting rights no bank shareholder may hold without a special RBI exemption.
July 15, 2026 · 6 min read
Business
How Naya Safar Cuts Truck Prices But Not Truck Debt
Naya Safar waives the tax and discounts the price on a new truck or bus. The loan needed to cover the rest is still the owner's own problem to finance.
July 15, 2026 · 7 min read
Business
China's Slowing Factories Are Exporting Deflation to India
China's Q2 growth miss looks like a China story. The mechanism behind it is an India story: Chinese factories still discounting finished goods even as factory-gate prices turn positive, and the spillover landing as underpriced steel in Indian ports.
July 15, 2026 · 7 min read
Business
India's Renewable Build Is Concentrating in Fewer Indian Hands
Shell built an Indian clean-power platform, then sold it to Aditya Birla for barely more than it paid four years ago. The winners are not foreign capital chasing India's energy transition, but a shrinking list of Indian conglomerates.
July 14, 2026 · 7 min read
Business
India Insulated Its Oil From Hormuz, Not Its Trade
Trump wants to toll every cargo ship through the Strait of Hormuz, not just tankers. India already rerouted its crude away from the strait. Its LPG and its trade with four Gulf economies have no such detour.
July 14, 2026 · 7 min read
Business
India Just Started Measuring Half the Economy Every Month
MoSPI launched a monthly gauge today for the 54% of GDP that never had one. The index that has run India's growth conversation for decades covers under a fifth of the economy, and is itself mostly one sector.
July 14, 2026 · 7 min read
Business
Most of India's Crude Oil No Longer Sails Through Hormuz
India's oil supply has been leaving the Gulf for years. By June 2026, Russia alone supplied more of India's crude than the entire Middle East did three years earlier.
July 12, 2026 · 7 min read
Business
Why India's Sailors Still Face a War Its Oil Trade Has Mostly Escaped
India has rerouted roughly 70% of its crude imports away from the Strait of Hormuz. Its sailors, about one in eight of the world's seafaring workforce, are still crewing ships through the war zone regardless of whose cargo is on board.
July 12, 2026 · 7 min read
Business
HDFC Bank Shed 3,343 Jobs Even as Its Loan Book Kept Growing
HDFC Bank's branches, loan book and profit all grew in the year to March 2026. Its headcount fell, for the first time in five years of disclosed filings.
July 12, 2026 · 7 min read
Business
India Is Spending Far More on Data Centres Than the Market Is Worth
Government and industry trackers count tens of billions already committed to India's data centres. KPMG's own model values the market they are meant to serve at under $7 billion five years out.
July 11, 2026 · 7 min read
Business
India's First Retail Survey Counts Enterprises, Not Sales
MoSPI's new ASISSE survey samples GST filers to count enterprises, not the sales they ring up. Even that count folds into a GDP line still bundled with hotels and transport.
July 11, 2026 · 8 min read
Business
Cognizant's US Business Runs on the Visas Washington Is Now Investigating
A new federal task force is investigating fraud in the H-1B and PERM visa programs, and its inspector general named Cognizant specifically. The company's own filings show why it has more riding on that inquiry than the assumption that Indian IT firms would sit this crackdown out.
July 11, 2026 · 7 min read
Business
TCS Hired 9,279 Workers as Elara Securities Cut Its Target 17 Percent
TCS's Q1 FY27 results split analysts down the middle: one broker cut its price target, another raised it. The company's own hiring, its fastest pace in four years, says more about AI and Indian IT jobs than either note.
July 10, 2026 · 8 min read
Business
India's Food Prices Have Already Cleared the RBI's Inflation Target
India's food prices are already above the Reserve Bank's 4% inflation target, and the RBI's own forecast shows it. The monsoon risk behind that number is still getting worse, not better.
July 10, 2026 · 7 min read
Business
Russia's Share of India's Oil Imports Hit a Record as the Discount Vanished
Russia's share of India's crude imports broke 50 percent in June, a record, just as the price discount that first justified the switch narrowed to almost nothing. A war that shut the Strait of Hormuz explains why.
July 9, 2026 · 7 min read
Business
India's Credit Card Delinquency Rate Is Falling Because the Risk Moved Elsewhere
Credit card delinquency, the number everyone watches for consumer stress, keeps improving. That is because the riskiest borrowers can no longer get a card at all, so they get a personal loan instead, and the loan book is absorbing the strain the card book used to show.
July 9, 2026 · 7 min read
Business
India's Economy Uses 41 Percent Less Oil for Every Dollar of GDP Than in 1991
India's crude oil import dependency has climbed past 88 percent, the highest on record. But the economy now burns 41 percent less oil per dollar of GDP than in 1991, which is why the 2026 oil shock is landing differently than the one that broke the balance of payments three decades ago.
July 9, 2026 · 7 min read
Business
India's Growth Forecast Implies an Inflation Rate Near 1 Percent
MoSPI's own FY26 growth arithmetic implies economy-wide prices rose by about one percentage point this year. Wholesale prices alone rose almost ten times that in May 2026.
July 9, 2026 · 6 min read
Business
India's Gold Loan Boom Grew Slower Than the Price of the Gold Behind It
NBFC gold loans surged 69.9 percent in the RBI's May 2026 data. The metal backing them had already risen 81 percent in price, and a capital rule NBFCs never lost made gold their cheapest retail loan to write.
July 8, 2026 · 5 min read
Business
The H-1B Crackdown Will Hit Indian Engineers, Not Indian IT Companies
Washington's new H-1B fee and wage rule look aimed at India's outsourcing giants. The giants already walked away from the visa; the bill falls on individual engineers instead.
July 8, 2026 · 7 min read
Business
Why India's Durables Credit Grew 42 Percent When Prices Barely Moved
Personal loan growth hit 15.4 percent and NBFC lending against durables jumped 42 percent, even as official electronics and appliance prices barely moved. The real price shock, from a global chip shortage, is only now reaching the showroom.
July 8, 2026 · 6 min read
Business
India's Real Investment Pipeline Shrank the Year Its FDI Ranking Rose
UNCTAD's World Investment Report 2026 has India climbing the FDI rankings on a 44 percent inflow surge. One Alphabet project explains most of it, and the country's real investment pipeline was shrinking underneath.
July 8, 2026 · 7 min read
Business
The Real Divide in Indian Banking Isn't Public Versus Private
Kotak Mahindra Bank's growth gap between loans and deposits is now nearly as wide as Punjab National Bank's, a state-run lender. Ownership isn't what is splitting Indian banks apart this quarter.
July 7, 2026 · 7 min read
Business
Why the Missing Link's Rockfall Mesh Was Ten Times Too Short
MSRDC built the Missing Link specifically to remove the Mumbai-Pune Expressway's most landslide-exposed stretch. Nine weeks after it opened, a landslide hit it anyway, and the rockfall mesh meant to stop it covered a tenth of the slope above it.
July 7, 2026 · 7 min read
Business
India Raised the Rural Job Guarantee and Cut the Centre's Share of the Bill
VB-G RAM G promises more days of guaranteed work and a higher minimum wage than MGNREGA ever did. To fund it, the law hands states a share of a bill Delhi used to cover alone.
July 6, 2026 · 5 min read
Business
One New Smelter Will Outproduce All of Hindalco's Aluminium Capacity
Adani and Abu Dhabi's IHC are building an Odisha smelter bigger than Hindalco's entire output, the clearest sign yet that India's two-player aluminium market is ending.
July 6, 2026 · 6 min read
Business
Delhi and Goa Already Sit Above the Income Line India Has Missed for 19 Years
The World Bank has kept India in its lower-middle-income group for 19 straight fiscal-year reviews. Convert what Delhi and Goa actually produce per head into the same dollars, and both already clear the line the whole country has not.
July 6, 2026 · 6 min read
Business
India Diversified Its LNG Buyers But Kept Rationing Gas Anyway
India's emergency gas rationing order outlasted its own fix: allocations were back near normal by April, but the order itself stayed live until the Strait of Hormuz reopened in July.
July 5, 2026 · 7 min read
Business
India's Provident Fund Default Just Flipped from Save to Skip
The EPF Scheme 2026 kept the mandatory contribution rate exactly where it was. What it changed is how much of a worker's wage that mandate actually covers.
July 5, 2026 · 7 min read
Business
India's Own Test Data Backs the E20 Mileage Complaints It Calls a Myth
The government's June 2026 rebuttal calls E20 mileage and engine damage complaints unsubstantiated. Its own certifying committee already measured a real, if smaller, loss from the very same fuel.
July 4, 2026 · 7 min read
Business
India's Small-Town Flight Scheme Has Already Grounded Half Its Routes
India just extended UDAN, its regional flight subsidy, for ten more years at Rs 28,840 crore. Its own numbers show nearly half the routes launched since 2016 have already shut down, and the single biggest subsidy check went to the airline that already dominates the sky.
July 4, 2026 · 7 min read
Business
Why Bank of Baroda's NMC Settlement Costs a Full Quarter's Profit
Bank of Baroda's $600 million NMC Health settlement is larger than the profit it earned last quarter. Court evidence about how fast its compliance alerts were cleared explains why the bill got this big.
July 3, 2026 · 6 min read
Business
India's Trade Deals Adopt Every WTO Digital Rule but One
India's newest free trade agreements copy most of the WTO's digital trade rulebook. Not one of them commits India to keep electronic transmissions duty free, the single clause its own trading partners already extend to each other.
July 3, 2026 · 5 min read
Business
India's Own Data Show Half of Japan's First Investment Pledge Arrived
Japan has promised India ever-larger investment sums since 2014, and Tokyo says most of the newest pledge already arrived. India's own official data show a thinner story.
July 3, 2026 · 7 min read
Business
India's Four-FTA Sprint Took Two Decades to Build
Four trade deals look like they landed in one summer. Most of the negotiating happened years earlier.
July 2, 2026 · 8 min read