The reading room
news
-

The MM Brief • Issue #01
Read the story ↗: The MM Brief • Issue #01The Signal Behind the Noise
-

India’s services sector slows but stays strong as price pressures ease
Read the story ↗: India’s services sector slows but stays strong as price pressures easeOctober’s services PMI dipped to a five-month low of 58.9, but easing inflation and steady demand signal a resilient economy heading into the festive season.
-

Canada’s study permit wall hits Indian students hardest
Read the story ↗: Canada’s study permit wall hits Indian students hardestThree in four Indian student visa applications to Canada were rejected in August 2025 as Ottawa tightens rules to curb fraud.
-

India’s deep tech dream just got an $850 million upgrade with Nvidia on board
Read the story ↗: India’s deep tech dream just got an $850 million upgrade with Nvidia on boardNvidia joins a growing coalition of investors backing India’s high-impact deep tech startups with $850 million in new commitments.
-

India’s Innovation Engine Races Ahead, but the Battle for IP Ownership Intensifies
Read the story ↗: India’s Innovation Engine Races Ahead, but the Battle for IP Ownership IntensifiesAs global capability centres and AI firms expand, experts warn that India must retain intellectual property value to secure its innovation dividend.
-

RBI’s Rupee Defense Drains Liquidity, Fuels Bond Purchase Expectations
Read the story ↗: RBI’s Rupee Defense Drains Liquidity, Fuels Bond Purchase ExpectationsThe central bank’s dollar sales to stabilize the rupee are tightening liquidity and prompting calls for open market support.
-

Fintech Industry Warns of Growing Monopoly in India’s UPI Network
Read the story ↗: Fintech Industry Warns of Growing Monopoly in India’s UPI NetworkWith PhonePe and Google Pay handling over 80 percent of UPI payments, the India Fintech Foundation has called for immediate policy action to prevent systemic risks.
-

IndiGo CEO Says India’s Aviation Policy Remains Open and Balanced
Read the story ↗: IndiGo CEO Says India’s Aviation Policy Remains Open and BalancedIndiGo chief Pieter Elbers rejects claims that India restricts bilateral flying rights, saying the country’s aviation sector continues to grow through global partnerships and sustainable expansion.
-

Jio Crosses 50 Crore Subscribers, Leads Telecom Growth in September
Read the story ↗: Jio Crosses 50 Crore Subscribers, Leads Telecom Growth in SeptemberReliance Jio added over 32 lakh mobile and 2.1 lakh wireline users in September 2025, while BSNL outpaced Airtel in new mobile additions, according to the…
-

India Plans to Allow Up to 49 Percent Foreign Investment in State-Run Banks
Read the story ↗: India Plans to Allow Up to 49 Percent Foreign Investment in State-Run BanksThe government is considering doubling the FDI limit for public sector banks from 20 to 49 percent to attract global capital and bring regulations in line…
