On 2 October 2026 I reposted Capitalmind Mutual Fund’s “🌐 Macros by Capitalmind | October 2026” LinkedIn post, which highlighted four separate macro‑economic stories for September 2026 in India.
India is paying a lot more for crude even though the quantity of crude oil we import has barely changed.
Inflation is rising across food, fuel and manufactured goods.
Bond yields are rising, which is pushing up the real cost of money.
Kharif planting has stayed close to normal even after a weaker and uneven monsoon.
These four separate stories illustrate divergent trends that I treat independently in my macro analysis, as also noted in the October 2026 macro snapshot.