Falling Rupee May Raise Daily Costs and Hit Jobs and Investment in India
The Indian rupee is falling sharply and the Reserve Bank of India (RBI) is struggling to hold it steady even after taking strong steps. The weakening rupee, which is driven by high oil costs, may raise fuel and transport prices, increase prices of goods and services, and reduce business investment, hiring and household spending.
What to Expect as States’ Debt Rises to Record Levels
Indian states are likely to borrow an unprecedented 5 trillion rupees between January and March 2026 to meet their routine government spending, the largest amount ever raised by state governments in a single quarter in India’s history, according to the Reserve Bank of India (RBI). This record debt may push up interest rates on home and business loans, delay government-funded work like school repairs, road construction and public healthcare, and leave less money for job schemes, rural wages and welfare payments.
Biggest Ever Exit by Foreign Investors Hits Indian Markets, Here’s Why It Matters
Foreign investors pulled out a record 1.6 trillion rupees, or 18 billion dollars, from the Indian stock market in 2025, even though share prices kept rising, according to a report. This suggests that global investors see Indian stocks as overvalued and expect weaker profits ahead, which can reduce foreign capital, slow job growth, weaken the rupee and raise everyday prices.
Cobrapost: Public-Funded Loan Firm Routed ₹100 Billion to Insiders Without Disclosure
An investigation by the journalism organisation Cobrapost has alleged that a large, publicly listed finance company, which gives out loans using money borrowed from banks, financial institutions and everyday investors, carried out transactions worth over 100 billion rupees (₹10,000 crore) that appear to benefit family members and senior executives, with many of these deals not properly disclosed as related-party transactions.
India Adds Millionaires Amid Shrinking Wealth and Deepening Inequality, Report Says
India now has 917,000 US dollar millionaires, with 39,000 added in just one year, according to the UBS Global Wealth Report 2025. This rise in high-net-worth individuals has occurred alongside a fall in average adult wealth, marking a sharp divide between visible gains at the top and economic stagnation across the broader population.
50% of Indians Earn 15% of National Income: World Inequality Report
Half of India’s population earns just 15 percent of the country’s total income, according to new findings from the World Inequality Report 2026. The top 10 percent, by contrast, take home nearly 58 percent of all income.
Bhutan’s Rising Debt Crisis Tied to India-Funded Hydropower Projects
At the 70th birth anniversary of Bhutan’s Fourth King Jigme Singye Wangchuck, Indian Prime Minister Narendra Modi announced a Ngultrum 40-billion (roughly $450 million) line of credit for infrastructure and energy development. While the move signalled strong bilateral ties, an uncomfortable truth lies behind the public warmth. Bhutan’s dependence on Indian-funded hydropower has locked it into an escalating debt trap.
India’s Richest 1% Increased Their Wealth Share by 62% in the Last 25 Years
Over the past two decades, a small group of people, including in India, have taken a much larger share of global wealth, while most of the world has seen little gain, according to a new report that links this concentration of wealth not only to personal effort but also to government policies that boosted financial markets at the expense of public resources.
LIC Denies Government Role in $3.9 Billion Adani Investments
The Life Insurance Corporation of India (LIC) has rejected allegations made by The Washington Post that its investment decisions, specifically a $3.9 billion infusion into companies owned by industrialist Gautam Adani, as reported by the newspaper, were directed by the Indian government. What remains unanswered is whether LIC considered the legal and financial risks associated with Adani Group at the time, and how it justified increasing its exposure despite market volatility and public criticism.
Government Routed LIC Investments to Adani, The Washington Post Alleges
An investigative report by The Washington Post alleges that the Indian government directed $3.9 billion in public funds from the state-owned Life Insurance Corporation (LIC) into industrialist Gautam Adani’s companies at a time when global lenders were retreating due to fraud and bribery charges filed against him in the United States. The report presents this as an example of the convergence of crony capitalism, state-enabled financial support and elite consolidation within India’s current political economy.