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Markets
India and Japan's Rupee Trade Push Outruns the Plumbing Built for It
India and Japan renewed a $75 billion currency swap line and want to start settling trade directly in rupees and yen. The plumbing for that shift barely exists, and what does exist wasn't built with Japan in mind.
July 2, 2026 · 7 min read
Markets
Why India Pays Eight Times More for the Same Business
Coca-Cola and Carlsberg are filing to list their India units into one of the market's oddest gaps: subsidiaries in Mumbai trade far richer than the parents that own them.
July 2, 2026 · 7 min read