Welcome to the Thursday issue of India Edition; I’m Menaka Doshi. Each week, I bring you a ringside view of the billionaires, businesses and policy decisions behind India’s rise as an emerging economic powerhouse. You can subscribe here, and share feedback with me here.

Happy new year dear readers. This week I look at what 2026 brings for Modi and India, the A-Z of 2025 and a chart to remember.