Most of Adani Energy Solutions’ profit jump came from its newest business

 Adani Energy Solutions more than doubled its quarterly profit. Most of the growth came from a business that barely existed a year ago. It was not from power lines or smart meters,... Read more »

The $105 billion problem India keeps trying to solve politely

India buys three times as much from China as it sells there, and the gap is growing fast. New Delhi’s chosen response, patient negotiation rather than retaliation, is not closing it. The... Read more »

India Economy’s Two Faces Right Now

The International Monetary Fund thinks India will grow faster than any other major economy. Domestic forecasters think wholesale inflation is about to cross 12%. Both can be true, and that combination is... Read more »

Gold steadies near ₹1.48 lakh, but festive buyers face a changing market

Gold has come well off its peak just as the festive season begins. The shift is that Indians may invest in gold, rather than chasing the price. The gold price today is... Read more »

Oil Has Eased to $107. Will It Ease The Pressure?

Brent fell more than 2% on Monday after Washington waived new Russia sanctions, but it is still up about 75% from a year ago. On Friday, Brent crude, the global benchmark, briefly... Read more »

The IMF Sees India Shrugging Off the Oil Shock. Markets Aren’t So Sure.

The fund raised its growth forecast for India to 7%, one of the biggest upgrades among major economies. The irony is that it comes in a year when Indian shares have fallen... Read more »

A Weak Rupee Is Finally Doing What Weak Rupees Are Supposed to Do

Merchandise exports rose 23% in September, the kind of growth India hasn’t seen in years. A cheaper currency, strong electronics shipments and lower gold imports helped. But oil still keeps the trade... Read more »

Companies Are Paying More Tax, and Traders Are Paying a Lot More

Net direct tax collections rose 13% this year, driven by a jump in corporate tax. The surprise is securities transaction tax, up 52%. That number may complicate the government’s new openness to... Read more »

India’s Gold-Loan Boom May Meet Its First Real Test

Gold has fallen about 23% from its early-2026 peak. Lenders that grew rapidly as prices soared now hold loans backed by jewellery worth much less, and the loans made at the top... Read more »

Five Years On, IDBI Bank Finally Has a Buyer

The Cabinet has approved the sale of a controlling stake to Prem Watsa’s Fairfax for ₹52,878 crore. It is the largest foreign investment in an Indian bank and the closest thing India... Read more »