Lalcap Ltd

India Report

The first issue was produced by Deepak Lalwani on March 6, 1995 at the request of The Indian High Commission, London, for an investor meeting that it was hosting.

Since then he has produced The India Report on a regular basis, up to thrice monthly, with over 1000+ reports having been written in this time. It is probably the most long standing, consistent and influential report prepared and published in the West on the unfolding India story since the economy started to open up to foreign investors.

The India Report does not offer investment advice, and does not comment on individual shares or portfolios. Rather, its aim is to tell the unfolding India economic story at a macroeconomic level in an unbiased, measured, succinct and lucid way. In a busy day with many interruptions it objectively provides in just two pages a sharp and analytical snapshot of news and trends in India.

The readership is worldwide and includes financial institutions and global influencers.

On a paid subscription you can receive the India Report by e mail. Enquiries to: info@lalcap.com

Sample copies can be downloaded below.

August 2026
Interview with Prestel and Partner “Personal Wealth Voices” Special 15th Anniversary Edition August 2026
Credit: Prestel and Partner

16 September 2026
Economic News + From 1980s: The unfolding Indian economic story and changing drivers of wealth creation in India over the last 40 + years

4 September 2026
Economic News + Equity Foreign Direct Investments into India – Top 10 countries + 2026 Annual London conference details of the Indian IoD

14 August 2026
Economic News + India’s Stock Exchanges: From Bombay to GIFT City + Background to the 31-year journey of these India Reports

28 July 2026
Economic News + China and India : How one economy grew five times faster 

6 July 2026
Economic News + India’s Bilateral Investment Treaty (BIT) and its importance post the UK-India CETA 

5 June 2026
Economic News + Whisky in India: The Lasting Charm of Scotch and the Global Recognition of Indian Single Malts 

24 April 2026
Economic News + Exchange Rate of the Indian Rupee vis-à-vis US$, GB£, Euro and Yen from 1992-93 to 2025-26

23 January 2026
Economic News + Table of returns for 2025 in selected Asia Pacific and Western equity markets. Shown in local currency, US$ and GB£ + Background to the 30 years journey of the India Reports

17 October 2025
Economic news + UK-India Trade Agreement + Story behind “Diwali”, the Hindu New Year

29 April 2025
Economic news + Table of Indian states (L-Z): Key highlights, including comparable economy in the world to that state, languages spoken, literacy rate and key industries

24 April 2025
Economic news + Table of Indian states (A-K): Key highlights, including comparable economy in the world to that state, languages spoken, literacy rate and key industries