TFD Economic Research Desk

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TFD Economic Research Desk covers the latest economic trends and developments, delivering in-depth analysis and reporting to help readers navigate the economic landscape, both Indian and global, with clarity and insight.

Exclusive articles:

Mutual funds vs fixed deposits in India: what 20 years of data actually says

Mutual funds vs fixed deposits in India is no longer a lazy personal-finance comparison. Over 20 years, the data shows a clear return gap - but also a clear role for certainty, taxation, inflation protection, and investor behaviour.

Green hydrogen India: export dream, industrial reality

India's green hydrogen push is finally moving from speeches to auctions. The real opportunity lies in refineries, fertilisers, steel and ports - not in a universal-fuel fantasy or instant export windfall

EV cost India: when does an electric car actually become cheaper than petrol?

Electric cars in India are already cheaper to run than petrol models in many use cases. The harder question is when lower running costs actually outweigh the higher upfront price.

Rooftop solar India: why the boom still hasn’t exploded

India’s rooftop solar market is finally scaling, but the real bottlenecks sit in discom workflows, net-metering execution, apartment economics, financing friction and trust in vendors.

India semiconductor policy: roadmap or subsidy race?

India’s semiconductor push has moved beyond slogans into fabs, packaging units and a bigger components strategy. The real question now is whether subsidies can create durable industrial capability.

Breaking

Auditor Independence Gets a Cooling-Off Clause: MCA’s Cross-Selling Squeeze on the Big Four

MCA’s proposed auditor independence reform would extend non-audit service restrictions for three years after audit tenure ends, targeting the cross-selling economics that have long strengthened large multidisciplinary networks.

Audit Quality Maturity Model and the Big Four Question Returns

ICAI has widened the mandatory reach of the Audit Quality Maturity Model to group audits and other public-interest engagements. The move sharpens India's audit-quality architecture, but it also reopens the harder question of whether domestic firms can build credible scale against the Big Four.

NFRA inspection reports put Big Four-linked audit networks on notice

NFRA’s March 2026 inspection reports have turned audit quality into the central governance story around India’s Big Four-linked audit networks, with independence, group controls and evidence quality all under pressure.

IBC Amendment Act 2026 Moves Insolvency Out of the Waiting Room

The IBC Amendment Act 2026 is India’s clearest attempt yet to cut insolvency delays where they actually begin—at admission, in liquidation and in the messy afterlife of resolution-plan implementation.