Also in this newsletter: the bull run in defence stocks, and the car industry’s software problem
He drove radical reform of an anti-market policy regime that was strangling growth
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaring
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantra
With Zaha Hadid on design, Alain Ducasse in the kitchen and a seemingly limitless budget, what could possibly go wrong?
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party stats
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentals
Also in this newsletter: health insurers’ claims record, and how Rishad Premji stays sharp
First major capital raise since US indicted billionaire Gautam Adani and associates in an alleged bribery scheme
The billions who voted in 2024 sent an angry message to incumbents, and warmed to populists on left and right
The country’s climate-neutral GDP forecasts require urgent revision
As finance minister, he paved the way for a transformative liberalisation of the state-controlled economy
Oxford-educated economist liberalised the country’s economy and paved the way for strong growth
Fast-growing Indian market behind only the US in money raised by company listings
Also in this newsletter: Nandan Nilekani’s productivity tip, and my favourites from 2024
Request likely to heighten tensions between Dhaka and New Delhi already raised by toppling of former prime minister
Action films from country’s south have won audience favour while Bollywood has endured string of flops
From bustling cities to encounters with big cats, a tour by train proves an eye-opening holiday for Kate Maxwell and her children
Also in this newsletter: Starlink’s woes in India, and R Ashwin’s brilliant career
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantra
Also in this newsletter: Adani Group’s funding fix and the numbers behind the world’s biggest advertising agency
ReNew has lost over 30% of its market value in three years since US listing
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegations
In this newsletter’s first edition, the CFA’s decline and advice from Uday Kotak
Incoming Reserve Bank of India governor Sanjay Malhotra seen as more likely to cut rates despite rising inflation
