Show Notes
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
1. Indian Steel: Too Much Protection? We’ll cover: Why Indian steel is cheaper to produce but still sells at a premium How iron ore export duties and import barriers support steelmakers What could happen if steel protection is gradually reduced
2. India Finalises CAFE 3 Norms We’ll cover: Why Maruti’s proposed small-car concession was dropped How the new weight-based formula affects Maruti, Mahindra and Toyota How EVs, hybrids, CNG and compliance credits can help carmakers meet targets
Audio Timestamps 00:04 Intro 00:30 The cost of protecting steel 13:06 CAFE 3: The new rules 20:16 Tidbits
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More from The Daily Brief
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets: 1. Breaking down the Nobel Prize for Economics 2026 We’ll cover: How Robert Hall and Michael Woodford’s economic theories became the operating manual for modern central banks. The mechanics of "forward guidance" and the "natural rate of interest," and why the new US Fed Chairman is actively pushing back against them. The fatal flaws in their models, including the failure to account for real-world credit markets and the inability to predict the 2008 financial crisis. 2. IDBI’s Long Road to Privatisation We’ll cover: How Prem Watsa’s Fairfax won the bid to acquire a 60.72% stake in IDBI Bank for ~₹53,000 crore in India's first true bank privatisation. IDBI’s turbulent history, from an industrial lender crippled by bad loans to a profitable bank rescued by LIC. The massive regulatory hurdles still ahead, including the RBI’s strict rules on voting rights, promoter stake dilution, and the mandatory fixes for CSB Bank. Audio Timestamps 00:04 Intro 00:29 Understanding the economics nobel 13:17 IDBI bank’s road to privatisation 21:32 Tidbits