Insights

Over the last eight years, the Union Budget’s implied audience has narrowed, sharpened, and become more economically specific

Over the last seven years, the Union Budget has evolved from near-term fiscal steering to a Covid-19 crisis-response instrument to a long-horizon system-design document

Labour code-driven charges reveal a lasting reset in how Indian companies price labour, manage workforce risk, and protect margins

Food prices declined, gold and silver surged, and the CPI flattened a deeply uneven inflation experience.

UPI’s evolution to a hyper-scale and frequent usage, suggests India’s digital payments system is reshaping the rhythm of consumption, not merely its volume

Two NowCast case studies from the past year—one macro, one corporate—highlight where real-time modelling added clarity, and where discipline mattered most

What building institutional AI has taught us about data, discipline, and the future of financial workflows in India

Load factor for IndiGo remained resilient through December even as on-time performance deteriorated, underscoring the operational nature of the shock

Job listings, EPFO flows, and PLFS indicators together point to rising employer activity and deeper formal labour absorption

Demat custody value has grown far faster than GDP, reshaping how financial assets are held and measured.

Macro signals, micro behaviours, and what the alternative data tells us about what comes next

EPFO’s payroll trail shows a quiet but decisive shift: young workers are entering formal jobs earlier, while mid-career and older employees are being pulled into the formal system at a scale India has not seen before.