RBI’s state finance report flags a problem politicians don’t want to name
India’s states are no longer on the same demographic clock — and that is quietly reshaping their fiscal future.
OPINION | The carbon price set by EU that India cannot pay
The relevant question should not be whether India has an economy-wide carbon price matching the EU's €85 per tonne, but whether India's policy mix delivers comparable emissions trajectories adjusted for development stage and capacity
From deficit to debt: FY27 budget signals a new era for fixed income markets
The government is expected to reduce reliance on long tenor bonds given tepid investor appetite and elevated long term yields, keeping supply concentrated in the belly of the curve.
OPINION | Budget 2026 must focus on innovation and deep-tech to drive growth
Budget 2026 must accelerate RDI fund deployment, incentivise climate-tech, strengthen FTAs, and simplify regulations to transform India into a global innovation and investment powerhouse
OPINION | As another budget approaches, judicial finality on the Money Bill’s remit is pending
The passage of the Aadhaar Act triggered a judicial challenge on the Speaker’s power to place a proposed law under the Money Bill, which then removes Rajya Sabha’s power to block it. A definitive verdict on it is still awaited
India’s Hard Choice: Strategic Autonomy or Dependence?
How the AI age is reorganising global power around integrated technology stacks, and why decisions we make in 2026 will determine whether India controls its destiny in 2047.
OPINION | Union Budget 2026: Key tax issues shaping M&A activity
Following Supreme Court’s verdict in the Tiger Global case, budget is an opportunity for government to impart clarity on applicability of GAAR to investments made before April 2017
OPINION | Budget 2026 could redefine India’s trade, tax, and growth strategy
Budget 2026 presents a pivotal opportunity to realign India’s trade, tax, and investment policies, strengthen resilience, attract capital, and sustain high growth in a shifting global order
OPINION | Budget 2026 will test India’s innovation push and its impact
India enters Budget 2026 with growing technology momentum. Decisive R&D investment, industry-led innovation, and large-scale capital can turn intent into lasting global leadership
OPINION | Budget 2026: Turning India’s clean energy ambition into execution
Clean energy value chains need to be free of some tax anomalies and also helped through cleverly designed fiscal incentives
OPINION | The Indian Constitution: A living document for a vibrant republic
The framers deliberately crafted the Constitution as a living instrument, responsive to changing realities. Amended 106 times to date, it ranks among the world's most frequently updated foundational texts, underscoring its inherent flexibility
OPINION: Markets want Budget clarity and growth continuity without compromising fiscal discipline
From a market perspective, the Budget is likely to be incrementally supportive rather than transformative.
The role of the attorney general
Former AG KK Venugopal in an insightful autobiography ‘An Accidental Lawyer’ shines a light on the role of the union government’s chief legal advisor. It’s a constitutional position where holder’s responsibility extends beyond the government of the day to the entire nation
India’s reform express: Stability, sovereignty and a growth story written in data
India’s economic trajectory is a product of direction, discipline, and governance choices. In a world running on uncertainty, India’s message is increasingly clear: reforms are not a phase, they are the platform
Budget likely to target FY27 fiscal deficit at 4.2%, focus on boosting consumption and industrial output
Support for rural consumption in terms of employment guarantee schemes and food/fertilizer subsidies is likely to be sustained.
OPINION: Budget to emphasise targeted consumption support, boost capex amid muted private sector investment
Budget 2026 is less about choosing between capex and consumption and more about getting the mix right.
OPINION | A Club Living On Echoes: The long fade of Manchester United
Michael Carrick’s appointment as manager and the subsequent victory against Manchester City triggered another wave of hope among the faithful. A lesson the fans should have internalised by now is that a swallow doesn’t make a summer
OPINION | What the housing finance sector hopes to see in the budget to boost affordability
It remains the most decisive factor influencing the decision to buy a home. It’s within the realm of the budget to provide a fillip to the economy by incentivising purchases in the affordable housing segment
The Reading List: January 23, 2026
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read
India - A growth pole attracting major investor interest from Davos to Shanghai, shines bright
The Consul General highlighted India's stable policy environment, predictable and reform-oriented investment climate which have ensured India's emergence as the world's fastest growing major economy in recent times.
OPINION | Why hospitality needs a budget sensitive to its unique features
The sector is both people-driven and capital-intensive. Support for patient capital and skilling programs through fiscal incentives will provide India an economic boost
OPINION | Budget 2026: Closing the tax gaps in India’s AIF framework
AIFs have emerged as a preferred platform for more sophisticated investors. To encourage the trend, the budget should bring about neutrality in tax treatment between different categories of AIFs
OPINION | Budget 2026 and India’s accelerated climate and sustainability agenda
Budget 2026 is expected to boost clean-tech, renewables, storage, sustainable finance, critical minerals, and social governance reforms, strengthening India Inc.’s resilience and supporting inclusive, low-carbon growth
Lessons for business in Trumpian uncertainty
Ignoring the upside can be as dangerous as discounting the downside
OPINION | RSS and the Indian Constitution: Separating fact from fiction
RSSFACTS: Examining the RSS’s engagement with India’s constitutional democracy through historical evidence, public statements, and its role during the Emergency, countering long-standing narratives rooted in political prejudice
