Small businesses are finding it easier to afford working capital as the traditional practice of lending against assets is being replaced by loans based on information—cash flows digitally captured by tracking financial data. This is accelerating the formalisation of the Indian economy and a larger social transformation
Development and access to basic amenities are moving voters away from the traditional draw of caste and religion in India’s most politically significant state
TCA Raghavan is a former Indian High Commissioner to Pakistan and Singapore. His first book, Attendant Lords: Abdur Rahim and Bairam Khan: Courtiers and Poets in Mughal India, was awarded the Mohammad Habib Prize by the Indian History Congress. He is also the author of The People Next Door: The Curious History of India’s Relations with Pakistan and History Men: Jadunath Sarkar, G S Sardesai, Raghubir Sinh and Their Quest for India’s Past. His latest book is Circles of Freedom: Love, Friendship and Loyalty in the Indian National Struggle