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
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
The country’s climate-neutral GDP forecasts require urgent revision
Oxford-educated economist liberalised the country’s economy and paved the way for strong growth
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
RBI holds rates and says economy has bottomed out
Company already has joint venture with China’s SAIC in world’s third-largest car market
Industrialisation is within the country’s reach, but government has got to get out of the way first
RBI chief Shaktikanta Das believes economic fragmentation, protectionism and tariffs are among the biggest threats
Growing economy sucks up more electricity than its green sources can provide despite billions invested in solar and wind farms
The industrial boom in the southern state of Tamil Nadu offers a model for the rest of the country to emulate
International investors pull out more than $10bn from Indian stocks as indices record largest fall since March 2020
New Delhi will soon recruit a western partner to produce its first world-class jet engine. The decision will be fraught with geopolitical implications
Employment crisis looms over Narendra Modi’s third term as opposition looks to unseat ruling BJP in regional polls
Young Indians are racking up personal loan and credit card debts
Higher incomes encourage more people to travel, echoing similar trend in China
Reliance and Google-backed Dunzo reported to have cut staff as competition intensifies
A drive to attract factories must not overlook the country’s huge potential in services
What does a moon-landing, plethora of scientists and large diaspora say about its potential?
Request comes after global market turmoil pushes currency to record low against the dollar
The country’s restrictions on technology and people from its rival risk stifling its ambitions to become a manufacturing superpower
