Introduction On 28 August 2014, Prime Minister Narendra Modi announced the launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY). The promise was simple but ambitious: every household in India should have a bank account. At the time, many economists and bankers were skeptical. Would the poor really use bank accounts? Would they just remain “zero balance”? Was…
What is a sand battery? A sand battery is a big, well-insulated tank filled with ordinary sand (or sand-like rock). When cheap renewable electricity is available, electric heaters warm the sand to about 500–600°C. Later, fans push air through pipes inside the hot sand to pull the heat back out for buildings, hot water, or…
When we talk about investing in gold, most Indian households don’t think of ETFs, sovereign bonds, or digital gold. They think of bangles, necklaces, and earrings — passed down generations, stored in lockers, and bought during weddings. But here’s the reality: not all gold is a good investment.Gold jewellery, despite its sentimental and cultural value,…
India’s clean energy journey is gaining serious momentum. In 2025, the country finds itself at a powerful crossroads — trying to balance booming energy demand, energy security, and climate responsibility. In this article we will take a deep, data-backed look at where India stands today, what’s working, what’s not, and how far we still have…
If you had ₹1 lakh in 2000, where would you be richer today — in Gold or the Sensex?Over the past 25 years, both assets have told a fascinating story of India’s growth, global shocks, and investor sentiment. One shines in crisis, the other compounds in calm. In this data story, we break down how…
Two Indicators, One Nation’s Economic Journey Over the last 25 years, two financial indicators have silently shaped the wealth of millions of Indians: the Sensex, India’s benchmark stock market index, and the INR/USD exchange rate, a reflection of our currency’s strength on the global stage. At first glance, they seem unrelated — one tracks the…
Tracking the Fall of the Rupee – and What It Means From ₹43 to over ₹85 per dollar — in the last 25 years, the Indian Rupee has seen a steady slide against the US Dollar. But is this devaluation always a sign of economic weakness? Or does it reflect a global shift, inflation adjustment,…
The Permanent Account Number (PAN) is not just a 10-digit alphanumeric identity — it’s India’s foundational link between individuals, businesses, and the tax system. As of 31st March 2025, more than 80 crore PANs have been issued in India. But who exactly holds them? How does it break down by age, gender, and entity type?…
India’s love affair with gold isn’t just cultural—it’s financial. Over the last 14 financial years, the country has imported a staggering ₹37,08,920 crore worth of gold. That’s more than India’s total annual budget in 2024! Let us dive into a year-by-year breakdown of India’s gold imports, where it comes from, and what the numbers reveal…
India’s fascination with gold isn’t just cultural — it’s economic. From weddings to investments, gold plays a central role in Indian households. But how much has gold grown in India? In 1983, it was just ₹1,858 per 10g. In 2025, it’s ₹97,070+. Backed by RBI data, this 42-year journey of gold price history in India…