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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.
India's New ‘Rs 5.25’ Green Tariff Is ‘Round The Clock’ In Name Only
Solar Energy Corporation of India's new tariff beats new coal on price. But the contract guarantees only 70 to 90% of supply, and is silent about who pays for the hours it doesn't cover.
India's Startups And MSMEs Have No Use For The Data Centre Boom
The customers India's data centre boom is meant to mainly use American services, ultimately billed in dollars and indifferent to what gets built anywhere else.
India's Rs 65,000 Crore Coal-To-Gas Push Has No Disclosed RoI
The government says gasification will replace Rs 1.5 lakh crore of imports a year. It has not said what the gas will cost to make, or a breakdown of the imports it replaces.
India's Early Trade Pacts Failed. The EU Deal Can't Afford To
India's Asian trade deals produced tripled deficits and endless repair talks. The UK and EU papers put at stake what the old ones never had: a surplus.
India’s Data Centre Demand Curve is in California. The Debt Lives Here.
India's speculative AI boom runs on local bank debt, wagering the system on unsigned California demand.
The Hi-Tech Behind India’s Diagnostic Giants’ Premium Valuations
India’s diagnostics giants are racing past routine blood tests into genomics, AI pathology and liquid biopsy, building high-tech moats that discounters cannot copy and the market is already pricing in.
