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India’s Credit Map: The Hidden Forces Shaping Economic Winners, Survivors and the Next Big Growth Story
An analysis of 17 years of RBI credit data reveals how India’s banking system is quietly reshaping the country’s economic future. Executive Summary Research at a Glance Indicator Finding Largest Winner Personal Loans Largest Loser Industry Fastest Long-Term Growth Personal Loans Fastest Recent Growth Services Hidden Winner NBFCs For nearly two decades, India’s banks have […]
19 Jul 2026

India’s Defence Transformation: From Import Dependence to Industrial Expansion
Across the world, countries have been increasing defence spending due to rising geopolitical tensions, ongoing conflicts in West Asia and Ukraine, and the need to modernise armed forces. Higher defence spending serves two key purposes. First, it strengthens a country’s military capability and preparedness for conflict. Second, it contributes to economic development by stimulating industrial […]
17 May 2026

India Can Heal the World. But Can It Heal Itself?
India has become a global healthcare powerhouse but millions still struggle with access, affordability, and uneven care at home. Healthcare is a critical driver of any economy. A healthy population improves productivity, supports economic growth, and enhances overall quality of life. In India, the healthcare sector is evolving along two parallel tracks. On one hand, […]
16 May 2026

The Rupee and India’s Oil Dependency – India’s Oil Bill: How Rupee Depreciation Amplifies Energy Costs
Oil is the backbone of the global energy system, driving economies and powering everyday life. But in India, the cost of oil is not just about global prices it is also about the rupee. As the currency weakens, the country ends up paying more for the same barrel, turning exchange rate movements into a hidden […]
16 May 2026
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