Author | Lightnews

Basispoint Insight

Basispoint Insight

@basispointinsight.bsky.social

12 followers 3 following 1.1K posts

Thought-provoking insights on the #economy & #markets | Deep research, actionable analysis.

Posts Media Videos Starter Packs

Basispoint Insight @basispointinsight.bsky.social · 1d

3/3 🔹Can lower taxes really sustain higher revenues in the long run?
🔹Is India’s fiscal mindset shifting from revenue maximisation to growth maximisation?
🔹Could this be the quietest tax reform success in years?

Read Nilanjan Banik’s column for BasisPoint: Lower Taxes, Higher Trust 👇

BasisPointInsight.com - Lower Taxes, Higher Trust by Nilanjan Banik

GST rationalisation is quietly reshaping India’s fiscal philosophy, from taxing more to trusting more. by Nilanjan Banik, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

2/3 September’s ₹1.89 trillion collection came after rate cuts. That’s the Laffer Curve at work — and a signal that India’s tax system is maturing from coercion to compliance, from taxing more to trusting more.

BasisPointInsight.com - Lower Taxes, Higher Trust by Nilanjan Banik

GST rationalisation is quietly reshaping India’s fiscal philosophy, from taxing more to trusting more. by Nilanjan Banik, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

1/3 India’s GST rationalisation may be doing more than simplifying rates, it’s rewriting the country’s fiscal philosophy.

#FiscalReform #GST #IndiaEconomy #PublicFinance #TaxTrust #EconomicPolicy #GrowthAndGovernance #ReformEconomics

BasisPointInsight.com - Lower Taxes, Higher Trust by Nilanjan Banik

GST rationalisation is quietly reshaping India’s fiscal philosophy, from taxing more to trusting more. by Nilanjan Banik, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

4/4 Read Babuji K’s Briefing for BasisPoint:
Why RBI’s ECL Mandate Puts Banks on a New Prudential Frontier 👇

BasisPoint Briefing — Explainers from seasoned practitioners for readers who want more than the basics.

BasisPointInsight.com - Why RBI’s ECL Mandate Puts Banks on a New Prudential Frontier by Babuji K

The new expected credit loss framework signals a shift in RBI’s supervisory philosophy, from reactive cleanup to forward-looking prudential control. by Babuji K, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

3/4 Questions to ponder:
🔹Will smaller banks struggle to meet the data and modelling demands of ECL?
🔹Can this framework truly prevent boom-bust credit cycles in India?
🔹Is the RBI signalling the start of “prudential intelligence” — supervision driven by data, not discretion?

BasisPointInsight.com - Why RBI’s ECL Mandate Puts Banks on a New Prudential Frontier by Babuji K

The new expected credit loss framework signals a shift in RBI’s supervisory philosophy, from reactive cleanup to forward-looking prudential control. by Babuji K, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

2/4 By 2027, every Indian bank must move from the old “incurred loss” model to a forward-looking regime that provisions for potential defaults before they occur.

#RiskGovernance #RegulatoryShift

BasisPointInsight.com - Why RBI’s ECL Mandate Puts Banks on a New Prudential Frontier by Babuji K

The new expected credit loss framework signals a shift in RBI’s supervisory philosophy, from reactive cleanup to forward-looking prudential control. by Babuji K, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

1/4 When prudence becomes prediction.

The RBI’s new ECL framework marks India’s biggest prudential shift in two decades, turning banks from reactive clean-up crews into predictive risk managers.

#RBI #PrudentialSupervision #ExpectedCreditLoss #FinancialStability #IndiaBanking

BasisPointInsight.com - Why RBI’s ECL Mandate Puts Banks on a New Prudential Frontier by Babuji K

The new expected credit loss framework signals a shift in RBI’s supervisory philosophy, from reactive cleanup to forward-looking prudential control. by Babuji K, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

3/3 🔹And in a world drowning in “luxury,” can meaning still be your moat?

Read and comment on Kirti Tarang Pande’s column for BasisPoint: Why Piyush Pandey’s Identity Ladder Works and Why Luxury Brands Fail 👇

BasisPointInsight.com - Why Piyush Pandey’s Identity Ladder Works and Why Luxury Brands Fail by Kirti Tarang Pande

Customers don’t buy your product; they buy a better version of themselves. Purpose, not price, makes a product truly aspirational. by Kirti Tarang Pande, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

2/3 When purpose fades, price can’t hold attention. That’s Emotional Inflation — when everything looks premium, but nothing feels personal.

🔹So, what are you really selling — a product, or a transformation?
🔹When did your brand last make someone feel something?

BasisPointInsight.com - Why Piyush Pandey’s Identity Ladder Works and Why Luxury Brands Fail by Kirti Tarang Pande

Customers don’t buy your product; they buy a better version of themselves. Purpose, not price, makes a product truly aspirational. by Kirti Tarang Pande, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 1d

1/3 Cadbury didn’t sell chocolate. It sold joy, belonging, and the right to feel free.

Luxury brands, meanwhile, keep selling perfection — but perfection doesn’t connect.

#BrandIdentity #LuxuryBrands #PiyushPandey #MarketingInnovation #BrandStrategy #IdentityLadder

Basispoint Insight @basispointinsight.bsky.social · 2d

4/4 🔹And can regulatory tweaks ever substitute for timely monetary action?

Comment on Barendra Kumar Bhoi’s analysis for BasisPoint: RBI Sitting on 100 bps of Policy Space 👇

BasisPointInsight.com - RBI Sitting on 100 bps of Policy Space by Barendra Kumar Bhoi

If inflation stays near 2.5% and growth around 6.7%, the Taylor rule implies nearly 100 basis points of policy space for the RBI to cut rates. by Barendra Kumar Bhoi, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

3/4 With inflation projections repeatedly overshooting and borrowing costs rising for consumers, investors, and the government alike, the question now is whether caution is costing growth.

🔹Should the RBI act before the policy window closes?
🔹Is India overpaying for its inflation stability?

BasisPointInsight.com - RBI Sitting on 100 bps of Policy Space by Barendra Kumar Bhoi

If inflation stays near 2.5% and growth around 6.7%, the Taylor rule implies nearly 100 basis points of policy space for the RBI to cut rates. by Barendra Kumar Bhoi, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

2/4 Yet, the Monetary Policy Committee continues to hold at 5.5%, keeping real interest rates high and credit growth sluggish.

#PolicySpace #FinancialStability #CreditGrowth

BasisPointInsight.com - RBI Sitting on 100 bps of Policy Space by Barendra Kumar Bhoi

If inflation stays near 2.5% and growth around 6.7%, the Taylor rule implies nearly 100 basis points of policy space for the RBI to cut rates. by Barendra Kumar Bhoi, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

1/4 India’s inflation has cooled faster than the RBI anticipated, falling to around 2.5% even as growth holds near 6.7%. That combination gives the central bank nearly 100 basis points of policy space for rate cuts under the Taylor rule.

#MonetaryPolicy #CentralBank #IndiaEconomy #InterestRates

BasisPointInsight.com - RBI Sitting on 100 bps of Policy Space by Barendra Kumar Bhoi

If inflation stays near 2.5% and growth around 6.7%, the Taylor rule implies nearly 100 basis points of policy space for the RBI to cut rates. by Barendra Kumar Bhoi, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

2/2 🔹Is SEBI’s discretion starting to overshadow its deterrence?
🔹Can investor faith survive when settlements seem lighter than the misconduct?
🔹Should the pursuit of regulatory speed come at the cost of transparency and trust?

Share your comments on Indra Chourasia’s analysis for BasisPoint 👇

BasisPointInsight.com - When SEBI’s Discretion Overshadows Deterrence and Investor Trust by Indra Chourasia

SEBI’s settlement framework, designed for swift justice, risks eroding market faith as discretion eclipses discernment and leniency replaces deterrence. by Indra Chourasia, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

1/2 When Enforcement Looks Negotiable, Trust Becomes the Casualty

SEBI’s settlement framework was meant to deliver swift justice, but growing discretion now risks diluting deterrence.

#RegulatoryOversight #InvestorProtection #SEBI #CorporateGovernance #IndiaMarkets #MarketIntegrity

BasisPointInsight.com - When SEBI’s Discretion Overshadows Deterrence and Investor Trust by Indra Chourasia

SEBI’s settlement framework, designed for swift justice, risks eroding market faith as discretion eclipses discernment and leniency replaces deterrence. by Indra Chourasia, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

(4/4)
Behind both strategies lies Bihar’s old constant — caste arithmetic.
Every ticket, a calculation.
Every face, a signal.
The verdict will decide not just who governs —
but whether Bihar chooses memory or momentum.
#BiharElections2025 | via @basispointinsight.bsky.social

BasisPointInsight.com - Bihar Election 2025: NDA Banks on Experience, RJD Bets on Change by Amitabh Tiwari

BJP-JDU is backing experience and RJD betting on change, as caste dynamics drive ticket distribution across key social groups in Bihar elections. by Amitabh Tiwari, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

(3/4)
Meanwhile, BJP–JDU have kept 74–80% of incumbents, banking on governance and delivery to outweigh fatigue.
For them, experience is the message.
For RJD, renewal is the gamble.

BasisPointInsight.com - Bihar Election 2025: NDA Banks on Experience, RJD Bets on Change by Amitabh Tiwari

BJP-JDU is backing experience and RJD betting on change, as caste dynamics drive ticket distribution across key social groups in Bihar elections. by Amitabh Tiwari, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

RJD has dropped 44% of its sitting MLAs, the sharpest shake-up in Bihar politics.
A recent VoteVibe survey showed 53% of voters wouldn’t re-elect their current MLA.
That number forced a rethink — new faces, new energy, new hope.

BasisPointInsight.com - Bihar Election 2025: NDA Banks on Experience, RJD Bets on Change by Amitabh Tiwari

BJP-JDU is backing experience and RJD betting on change, as caste dynamics drive ticket distribution across key social groups in Bihar elections. by Amitabh Tiwari, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

(1/4)
Bihar 2025: When Renewal Meets Risk.
Two alliances, two playbooks.
The BJP–JDU bloc is betting on trust and experience.
The RJD is wagering everything on change and fresh faces.
A battle between continuity and reset has begun.

BasisPointInsight.com - Bihar Election 2025: NDA Banks on Experience, RJD Bets on Change by Amitabh Tiwari

BJP-JDU is backing experience and RJD betting on change, as caste dynamics drive ticket distribution across key social groups in Bihar elections. by Amitabh Tiwari, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

4/4 🔹Will this be India’s next industrial moat?
🔹Can others match Reliance’s balance sheet and execution scale?
🔹And will energy become the part that finally binds the Reliance “sum of parts”?

Read Krishnadevan V's analysis for BasisPoint:
Reliance is Turning Its Energy Bill Into a Business Model 👇

BasisPointInsight.com - Reliance is Turning Its Energy Bill Into a Business Model by Krishnadevan V

RIL rewires its future as solar and storage power its expansion, shifting energy from its biggest bill to its boldest competitive advantage. by Krishnadevan V, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

3/4 Now it’s building the capacity to produce it: 10 GW of solar, 40 GWh of storage, and 3 GW of electrolyser output by 2027-28.

Reliance rewired telecom. Then retail. Now it’s quietly trying to rewire electricity.

BasisPointInsight.com - Reliance is Turning Its Energy Bill Into a Business Model by Krishnadevan V

RIL rewires its future as solar and storage power its expansion, shifting energy from its biggest bill to its boldest competitive advantage. by Krishnadevan V, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

2/4 Mukesh Ambani’s empire, once a massive consumer of electricity, is turning into a power generator. From refineries and data centres to retail logistics, Reliance consumes nearly 18 GW of power, more than some countries.

BasisPointInsight.com - Reliance is Turning Its Energy Bill Into a Business Model by Krishnadevan V

RIL rewires its future as solar and storage power its expansion, shifting energy from its biggest bill to its boldest competitive advantage. by Krishnadevan V, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

1/4 Reliance Industries’ latest results didn’t surprise the market, but what’s happening beneath the surface might reshape India’s energy map.

BasisPointInsight.com - Reliance is Turning Its Energy Bill Into a Business Model by Krishnadevan V

RIL rewires its future as solar and storage power its expansion, shifting energy from its biggest bill to its boldest competitive advantage. by Krishnadevan V, BasisPointInsight.com

basispointinsight.com

Basispoint Insight @basispointinsight.bsky.social · 2d

4/4 “The Diagnosis” is Part 1 of a three-part series. In Part 2, “The Prescription” will set out a vision for a new “Arterial Grid,” and in Part 3, “The Implementation” will show how to finance it; faster, cheaper, and more equitably than propping up the failing status quo.

BasisPointInsight.com - The End of the Centralised Grid, the Dawn of a New Power Order by Sharmila Chavaly

The Diagnosis: A one-way grid built for the industrial age can no longer power the digital one. The shift to a decentralised, adaptive network is already underway. by Sharmila Chavaly, BasisPointInsig...

basispointinsight.com