cooperative banks

Cooperative banks: RBI must fix structure, not issue licences

India’s cooperative banks matter for inclusion, but their governance and capital design clash with modern prudential regulation. #cooperativebanks #financialinclusion Read more »
aviation sector

Duopoly in aviation sector cannot be fixed by CCI action alone

Two airlines dominate India’s aviation sector, but aircraft supply and regulatory coordination now reinforce that dominance. #aviation Read more »
data centres

India’s data centre ambitions hinge on availability of water, power

Data centres are now treated as core infrastructure, signalling a shift in India’s digital policy, but water stress and power constraints may determine its success. #datacentre Read more »
Medical device manufacturing

Medical device manufacturing runs into structural limits

India’s medical device manufacturing strategy is colliding with gaps in regulation, testing, and high-risk manufacturing, and PLI cannot bridge these alone. #PLI #medicaldevices Read more »
DISCOM reform

Discom reform: Why pricing discipline mattered more than bailouts

A December 2022 rule change forced automatic cost pass-through, narrowing the ACS-ARR gap, and kicking off one of the most effective discom reform cycle. #Discom Read more »
India’s airfare surge pricing

Airfare surge pricing tests India’s competition framework

India’s airfare surge pricing shows how algorithms and concentration can undermine competition in essential services. Read more »
corporate dollar borrowing

Corporate dollar borrowing boom carries a familiar risk

India’s surge in corporate dollar borrowing through syndicated loans reflects easy global liquidity, but the currency and refinancing risks remain unresolved. #dollar Read more »
India seeks to emulate Europe’s tourism success

Tourism could become India’s top strategic services export

Europe’s tourism success rests on institutional coordination, a lesson India has yet to apply despite vast assets. Read more »
Indian MSMEs

India’s MSMEs need systems, not more schemes

Europe’s manufacturing success shows that MSMEs thrive not on subsidies, but on strong ecosystems of finance, skills, and clusters. Read more »
PLI, smartphone exports

Smartphone exports surge, but electronics value addition remains thin

PLI delivers smartphone exports success, but concentration risk and low domestic content remain unresolved. #PLI #smartphones #exports Read more »