Insights

Across years, a consistent set of sectors anchors the Union Budget’s economic imagination

Over the last eight years, the Union Budget has spoken more about work systems than about jobs themselves

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

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.