Even if the feud between the Trump administration and the Fed does not turn out to be catastrophic, the challenge is to transform it into something constructive.
Mohamed A. El-Erian
White House
Nearly ₹30 trillion in bond supply and fragile demand mean yields will remain high in 2026–27 unless the RBI steps in as the buyer of last resort.
Yield Scribe
Finance Ministry
Your weekly rundown of significant judicial rulings and legal battles influencing policy, companies, regulation, and governance
BasisPoint Insight
iStock.com/naveen0301
India’s Securities Code consolidates market laws, enforcement and settlement to reduce friction, while raising questions on discretion, precedent and checks.
Krishnadevan V
Jimmy vikas/cc
From reading habits and urban labour to GCCs and markets, regulation and capital increasingly shape inequality and power in India’s economy and society.
Phynix
iStock.com
Retail inflation edged up but stayed well below the RBI’s tolerance band, while automobile sales recorded their strongest growth in years.
Datametricx
istock.com/natbits
If the public comes to believe that the central bank will tolerate somewhat higher inflation for political ends, firms will start raising prices in advance. The result will just be higher inflation. Breaking this political-monetary cycle is a key reason why Congress created an independent central bank.
Gabriel Chodorow-Reich
RBI’s buy-sell FX swaps are read as rupee signals. They are not. An explainer on why swaps manage liquidity and hedging, not the exchange rate.
V Thiagarajan
A ₹6.3 trillion December credit surge looks dramatic, but history and fundamentals suggest window-dressing and frontloading, not a durable revival in demand.
Dhananjay Sinha
Nadinlargo/Istock.com
India’s insurance reform gives the regulator power to fix broken incentives, cap commissions, curb mis-selling and reset profits towards protection.
IRDAI
Why Trump was never the real anomaly, and how institutions, professionals, and elites slowly learned to treat democratic danger as routine.
R. Gurumurthy
As global order hardens and power dynamics take centrestage, India must master an unforgiving game with higher stakes.
High-frequency indicators in December pointed to some improvement in urban demand, even as rural demand continued to outpace it.
Istock.com
India’s new CPI series with a 2024 base is set to smooth food-driven volatility, keeping 2026 inflation pressures contained. With core inflation stable and costs muted, price signals should become clearer for monetary policy.
Tamil Nadu’s electronics surge is no accident. It reflects deliberate policy sequencing, infrastructure depth, and labour-market alignment that have reshaped the state’s export economy.
Rajesh Kumar*
Electronics Corporation of Tamil Nadu
The New Year opens with geopolitical shocks, weak market performance despite strong fundamentals, regulatory shifts, and policy gaps shaping India’s economic outlook.
SWinxy/Via Wikicommons
Read past the prose in the RBI’s Financial Stability Report and the data tell a different story on stress tests, bond yields, NBFC risks and fiscal constraints.
India’s industrial output grew at the fastest pace in 25 months in November, even as manufacturing PMI fell to the lowest level in 24 months.
istock.com
Michael Patra is an economist and former RBI Deputy Governor.
Arun is a seasoned writer on economic and policy matters.
Abheek is an Independent Economist and the Former Chief Economist at HDFC Bank.
Ajay Srivastava is the founder of the Global Trade Research Initiative.
Vijay Singh Chauhan, a former IRS official, is a Senior Visiting Fellow at ICPP, Ashoka University
Dhananjay, a D-School alum, is CEO and Co-Head of Equities at Systematix Group.
Kriti is a psychologist specialising in mental health, org behaviour, and brand strategy
Srinath is an author, corporate advisor, and independent director on corporate boards.
Ex-civil servant Chavaly held key Railways, Finance roles; specialises in infra & PPPs
Nilanjan Banik, Professor at Mahindra University, specialises in trade and development economics.
Sachin was till recently an MD with Standard Chartered Bank.
Rajesh Mahapatra is the former Editor of The Press Trust of India
Krishnadevan is Editorial Director at BasisPoint Insight.
Chandra advises companies on big-picture narratives on strategy and markets.
Kalyan Ram co-founded Cogencis. He now leads BasisPoint Insight.
Gurumurthy is an ex-central banker who handled markets, and later, financial stability for RBI.
Lt Gen Syed Ata Hasnain is a former Commander of India’s Kashmir Corps.