KIWARO NOTES / EDITIONS
The 3 October 2026 edition.
Original reporting and analysis of Indian business, markets and economic consequences.
3 October 2026
25 articles ↗Capital & Markets
India’s closing auction changes the economics of a hedge
Policy & Business
The EPF increase will test who can pass on a higher wage bill
Policy & Business
The UPI protest has ended. The argument over who pays has not.
Capital & Markets
A bank buys Embassy’s debt and widens the REIT funding contest
Consumer & Healthcare
Food labels put the product portfolio on trial
Consumer & Healthcare
The medicine-margin debate runs beyond the hospital counter
Industry & Energy
Captive power becomes a public obligation
Policy & Business
Insurance’s commission squeeze reaches the cost of making a sale
Consumer & Healthcare
Cheaper imported oil meets the stock bought at yesterday’s price
Consumer & Healthcare
A dark-store licence is part of the delivery network
Industry & Energy
A larger fertiliser subsidy still leaves a financing question
Industry & Energy
India gives fuel exporters more room per litre
Policy & Business
Voice-only plans test the price of the telecom bundle
Infrastructure
PNC’s debarment tests the value of the next order
Capital & Markets