Models can illuminate the economy, but when they overlook financial behaviour, trade credit and business realities, policy can diagnose the wrong problem
BL Chandak
September 1, 2026 at 6:13 AM IST
istock.com
A ₹6.3 trillion December credit surge looks dramatic, but history and fundamentals suggest window-dressing and frontloading, not a durable revival in demand.
Dhananjay Sinha
January 14, 2026 at 2:21 AM IST
iStock.com
