Numbers That Surprised Me
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Did 50 crore Indians really escape poverty? What the World Bank's new numbers say
The World Bank says 49.6 crore Indians crossed its $4.20-a-day poverty line between 2011 and 2023. Extreme poverty fell to 2.6%. But wages barely moved, youth unemployment is rising, and some of the fall may come from better measurement.
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Zudio's owner made ₹64 crore a day. So why do its profit numbers disagree?
Trent, the company behind Zudio and Westside, made ₹5,873 crore from sales between July and September 2026, up 22%. Zud…
Jio lists today. How much tax if you sell your shares?
Jio Platforms' shares list on BSE and NSE on 28 October 2026. Sell them within a year and the profit is a short-term ga…
How does Bihar's rooftop solar subsidy reach ₹98,000?
Bihar now adds up to ₹20,000 on top of the Centre's PM Surya Ghar subsidy for rooftop solar on homes. The state governm…
Gaya's 1,670-acre factory city has 12 companies signed. How much is really decided?
On 24 October, Bihar launched the company that will build a 1,670-acre manufacturing city in Gaya's Dobhi block, and 12…
Why are cheap phones disappearing from Indian shops?
Shipments of phones under ₹20,000 fell 47% from July to September 2026, and India's whole phone market fell to a 10-yea…
India's three new trade deals: what do New Zealand, the UK and the EU really change?
Three big trade deals are in the news: New Zealand started on 20 October, the UK in July, and the EU is still being sig…
Jio IPO: if you applied, will you get shares?
India's biggest IPO closed on 23 October 2026. Small investors have room for at most about 70 lakh people, and they bid…
Is Swiggy's loss shrinking or growing?
Swiggy lost ₹922 crore from July to September 2026, or about ₹10 crore a day. That loss is smaller than a year ago but …
Jio IPO: what does it take to apply, and who is bidding?
Jio Platforms' ₹30,213-crore IPO is open from 21 to 23 October 2026. The smallest bid costs about ₹13,428, and on day o…
India's festive car rush has a second-hand lane, and it still runs on petrol
One used-car company's best-ever day says less about electric cars and more about where India's car buyers are really s…
Royal Enfield just had its best month ever. It still lost ground
A record 1,33,958 motorcycles in September, but India's two-wheeler market grew twice as fast. The company's real stren…
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