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In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets: 1. India’s ₹6.4 Lakh Crore Hydropower Shift We’ll look into India’s massive new ₹6.4 lakh crore hydropower master plan for the Brahmaputra basin — a plan that doesn’t build new dams, but instead focuses entirely on transmission. This marks a big shift in India’s energy strategy, prioritising grid readiness and pumped storage to unlock clean power from the Northeast. 2. Why India Still Imports Most of Its Coking Coal We’ll talk about why India, despite being the world’s second-largest steel producer, still imports 90% of its coking coal. From poor domestic quality and mining hurdles to long-term alternatives like hydrogen-based steelmaking — this is the hidden challenge behind India’s steel industry. Timestamps: 00:00 Intro 00:31 India has a new plan for hydropower 12:10 The Cost of India's Steel Ambition 21:41 Tidbits Get smarter every day with our daily newsletter. Subscribe here: https://thedailybrief.zerodha.com/ Checkout Markets By Zeodha's Reddit here: / marketsbyzerodha Checkout The Chatter here: https://thechatterbyzerodha.substack.... Check out our latest newsletter "Aftermarket Report" here: https://aftermarketreport.substack.com/ Every day, each team member shares something they've learned, not limited to finance. It's our way of trying to be a little less dumb every day. Check it out here: https://onethingwelearned.today/ Listen to this episode on your preferred podcast platform: Spotify: https://open.spotify.com/show/2SJiLdv... Apple Podcasts: https://podcasts.apple.com/in/podcast... Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended. Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.