All writing

Long-form notes on markets, macro, policy, and the way capital moves.

Filter

Find a thread worth pulling.

Feb 26, 2026•10 min read

India’s IPO Boom Was Real. The Wealth Creation for Retail Investors? Not So Much.

India became the #1 IPO market in the world by volume in 2024.

IPOsIndiaMarketsRetailInvesting

Feb 09, 2026•7 min read

Budget 2026: The Middle Class Nightmare

Budget 2026 pushes capex and fiscal consolidation, but leaves the middle class with higher costs, fewer deductions, and a stark contrast against corporate tax holidays.

BudgetIndiaPolicyTaxesMarkets

Feb 04, 2026•5 min read

Blinkit: How They Aced 10-Minute Delivery

Why Blinkit’s speed is a logistics and proximity story, not a rider-speed story, built on dark-store design alone

LogisticsIndiaConsumerPlatforms

Feb 03, 2026•8 min read

The Money Rails: Why Your Bank Stopped Being a Vault

Modern banks are less about storage and more about transaction rails, fee velocity, and hidden liquidity risk.

BankingIndiaPaymentsCreditRisk