Newsletter
Search
India’s Rs 10,000 Cr Container Scheme Doesn't Reduce China Dependence
The subsidy to make shipping containers pays for every box welded in India, without asking how much of it, from corner fittings to floorboards, will actually be made here.
India Wants To Turn Assets Into Tokens. But Land May Be Off Limits
SEBI's bond pilot shows what tokenisation needs, and its first phase is already in the books. Maharashtra's DELTA Act will test it next. The early wins may be grid assets, REITs and state bonds, while direct tokens on private land and farmland stall.
India’s Gold Fund Freeze Revives Memories Of 2013 Crisis
India has stopped new money going into gold funds to protect the rupee, a move that echoes 2013, even as officials call the situation manageable.
India’s Rs 1.86 Lakh Crore Power Grid Plan Tests Its Weakest Utilities
Under PM DHARA, private firms or state utilities may build the new lines, but discoms will pay for them for 35 years. They already carry Rs 6.47 lakh crore of losses, and the Centre's Rs 54,082 crore lightens the bill without fixing the payer.
India's Steelmakers Are Going Green Even As Government Dithers On Funding
A Rs 15,000 crore green steel mission gave way to a narrower Rs 5,000 crore scheme that is still unapproved. The big steelmakers are paying out of pocket, while exports to Europe fall and high-carbon plants get locked in for decades.
Why PLI 1.0 Has Paid Out Less Than A Fifth Of The Promised Rs 1.97 Lakh Crore
Phones have collected nearly half the money set aside for them, cars an eighth, speciality steel under a twentieth and batteries nothing. Some of the gap is not yet due, some was forfeited on missed yearly tests, and some was never collectable.
India's Banks Do The Least In UPI Payments. They Will Now Earn The Most
UPI payments to shops above Rs 2,000 will now carry a 0.4% fee. Banks collect up to 70 paise in every rupee, and the biggest single share goes to the bank that does nothing but debit the account.
India Wants China-Free Magnets. Its Raw Material Plan Says Otherwise
Twenty bidders are competing for five plants to refine rare earth magnets in India, but the tender offers no clear answer to where most of their rare earth oxide will come from.
Why India's Medical-Device Trade Gap Has Widened Despite Years Of PLI Support
India makes what is cheap, imports what is dear, and the PLI pays to assemble boxes whose core parts are still all imported.
How India Inc Paid Three Different Bills For The Same Barrel Of Crude
A crude spike hit fuel retailers, truckers and fertiliser makers in the same quarter. Who bled, who shrugged and who is still waiting was decided by mechanism, not management.
Jal Jeevan Mission Relaunched As 2.0, But Contractors Still Steering New Bids To Central Agencies
India relaunched Jal Jeevan Mission, its rural water scheme, with fresh funding — but contractors are steering new bids toward central agencies, not states. Some now refuse state risk entirely.
India’s Mining Bill Promises States 90%. Here’s The Catch
Delhi says the states' revenue split stays the same. What changes is who writes the rules that split now depends on, and Jharkhand and Odisha are not happy about it.
