C.S. Krishnamurthy

The Centre’s ‘Aapki Poonji, Aapka Adhikar’ campaign seeks to reunite citizens with unclaimed wealth lost in the labyrinth of banks, insurers and bureaucracy. There exists, somewhere deep in the maze of India’s financial system, a treasure that belongs to everyone and no one at once. Imagine a vault containing Rs. 1.84 lakh crore - not stolen, not misplaced, but forgotten. This is the story of India’s unclaimed funds - money lying idle in banks, insurance companies, mutual funds, provident...

Pharmaceutical negligence and a hollowed-out regulatory state have made tragedy routine in India. Earlier this month, India confronted a familiar nightmare. Children in Chhindwara, Madhya Pradesh, began falling ill after taking a simple cough syrup. Before toxic batches were identified, at least 20 young lives were lost. They were victims not of disease, but of a pharmaceutical industry unchecked by conscience and a regulatory system weakened by neglect. Tests revealed the culprit to be...

As India’s 1.4 billion consumers trade thrift for aspiration, private consumption now drives nearly 60 percent of the GDP, fuelling a transformation that investors can scarcely afford to ignore. Think about your own life over the past five years. You would have probably ordered food from Swiggy, bought something on Amazon or Flipkart, upgraded your phone, or subscribed to Netflix or Spotify. Your parents might have bought an air-conditioner or even a new car. Someone in your family has likely...