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INSIGHTS
Our latest thinking on the issues that matter most in Finance, Business and Strategy


Paytm Turns Payments Growth Into Profit
Paytm's Q2 FY27 net profit rose to ₹225 crore on revenue of ₹2,648 crore, up 28.5%. Plus Tata Communications' AI fibre plan, SoftBank's Ola Electric sale and funding.


Banks Take a Strategic Stake in AI
Indian banks are becoming investors and co-builders with AI startups. With 890+ GenAI startups and 90% of institutions prioritising AI, what it means for founders.


The Retention Gap
India's gross FDI reached a 15-year high of $30.7 billion in April–June 2026, but $22.8 billion flowed back out, leaving net FDI of $7.8 billion. Plus PhonePe's UAE approval.


Still Baa3
Moody's raised India's FY27 growth forecast to 7% from 6% after 8.2% growth in H1 2026, while keeping the Baa3 sovereign rating. Plus Protean's CKYC launch.


The UPI Monetization
NPCI introduced a 0.4% merchant discount rate on UPI merchant payments above ₹2,000 from 15 October 2026, capped at ₹300, with 95%+ of volume exempt. Plus funding rounds.


The Commission Squeeze
India has 717 InsurTech companies, 185 funded and 5 unicorns, with $4.22 billion raised. How Bima Sugam could reprice insurance distribution. Plus Graph AI's Series A.
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