15 May 2026
Gautam Adani's $6M SEC Settlement: DOJ Drops Fraud Charges
SEC settled its fraud case against Gautam Adani for $6 million. The DOJ is dropping criminal charges over $265M in alleged bribes. The math is wild.
Markets, companies, startups, and economic policy affecting India.
SEC settled its fraud case against Gautam Adani for $6 million. The DOJ is dropping criminal charges over $265M in alleged bribes. The math is wild.
India raised gold import duty from 6% to 15% on May 13. Gold surged ₹9,206 per 10 grams the same day. The rupee still hit a record low of 95.80.
Modi asked Indians to skip gold, work from home, cut fuel. The rupee hit 95.17 anyway. Reserves are down $38B in 10 weeks. The math doesn't close.
Aramco says 1 billion barrels are gone from world supply. Its Q1 profit jumped 25% to $32.5B. India imports 89% of its oil — and is paying the bill.
Indians invested $2.2 billion abroad in FY26, up 60% from last year. Sensex fell 4%. Korea's Kospi jumped 50% in two months. RBI data tells the story.
"title": "The Rupee Just Hit 95.43. ₹2 Lakh Crore Left India in 4 Months. The Fix Involves NRIs and a Tax the Government Hated.",
Exit polls favoured BJP. Sensex fell anyway. With May 4 counting near, here's what each election outcome means for the rupee, FPI flows, and inflation.
A month into the Hormuz blockade, panic ended and adaptation began. What India's energy economy actually learned — and what stayed broken.
India's top 5 IT firms cut 7,389 jobs in FY26, reversing FY25's 12,718 additions. AI didn't take the jobs — it quietly killed the hiring pipeline.
OMCs lose ₹100/litre on diesel. Kotak warns of ₹25-28/litre fuel price hike after elections. Govt calls it 'mischievous.' The math doesn't care.