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Monday, March 16, 2026
TopicMerchants of Virtue

Topic: Merchants of Virtue

It’s the Merchants of Marwar who gave a new meaning to being Hindu—before the British came

In her book, Merchants of Virtue: Hindus, Muslims, Untouchables in Eighteenth-Century South Asia, Divya Cherian studies the mercantile class as agents of social and legal change.

On Camera

India must allow citizens to invest beyond its borders. It’s risk management, not luxury

The financialisation of Indian household savings is one of the most important economic shifts of the past decade. But financialisation without international diversification creates fragile balance sheets.

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.