Library & Vote
Each headline measures a different thing. We show you what.
RAOSCAFF is research-grade decision intelligence across markets, sectors, jurisdictions, and policy regimes. We read published industry data against what each publisher actually measured, and trace every figure to its source. Predict-not-recommend voice. Defamation-disciplined. The library is bounded by the world’s disclosures — never by ours.
RAOSCAFF sets the editorial agenda; the vote is a reader signal we weigh, not a poll that decides — and the count stays quiet by design.
— Flagship Reports
01 published
— The Prediction Series
350 locked
Or see the running score on the live track record.
— Mirror Briefs
23 published
- #AIFFunnelDecode
India's Rs 15.74 Lakh Crore AIF Industry — What the Headline Conceals
SEBI's published AIF commitments headline is Rs 15.74 lakh crore as of December 2025. Decomposed by funnel stage and category: only 41% is deployed into investments, one category (Cat II) holds 74% of all commitments, and the blended 41% deployment rate hides two structurally opposite category behaviours.
Rs 15.74L crAIF commitments · Dec 2025 (41% deployed)2026-06-05·8 min - #PowerLossDecode
India's Power Distribution Losses — What 15.04% Conceals
India's electricity distributors lost 15.04% of all units to AT&C leakage in FY25 per the MoP Integrated Rating. That national mean is a weighted average of a 16.15-point state spread (RAOSCAFF arithmetic) from Kerala 6.61% to Madhya Pradesh 22.76%, two economically distinct failure modes, and three publishers reporting three different correct values for the same concept.
15.04%national AT&C loss · FY25 (16.15-pt state spread)2026-06-05·8 min - #ListedMarketDecile
The Listed-Market Top Decile — What 'Rs 472.1 Lakh Crore' Conceals
The NSE reported total listed market capitalisation of Rs 472.1 lakh crore as of 30 November 2025. Rank the exchange's 2,904 companies into deciles and the top 10% hold 82.4% of the total while the bottom 50% hold just 0.90% — a hidden-cohort chasm inside one aggregate number.
82.4%top-decile share of NSE market cap · Nov 20252026-06-05·8 min - #AutoRetailGap
The Auto Retail Gap — What One Month's 'PV Growth' Conceals
In April 2026 SIAM reported India passenger-vehicle wholesale dispatches up +25.4% (437,312 units) while FADA reported retail registrations up +12.21% (407,355 units) — a 13.2-percentage-point gap for the same category and month. SIAM counts factory-gate dispatches into the dealer channel; FADA counts registrations out to end-buyers. Two different defined quantities measuring one market.
13.2 ppwholesale-vs-retail PV growth gap · Apr 20262026-06-05·8 min - #WarehouseConcentration
The Warehouse Tenant Concentration — Decomposing India's Grade-A Industrial Leasing by Tenant Category
India's warehousing posted record 2025 absorption — Knight Frank 72.5 mn sq ft, CBRE 36.9 mn, Colliers 11 mn in Q1 2026. Decomposed by tenant category, three categories — third-party logistics, e-commerce, and manufacturing — take roughly two-thirds to three-quarters of all Grade-A leasing. The concentration is buried in the single national absorption number.
~76%top-3 tenant categories · CBRE 20252026-05-21·10 min - #REITDistributionMirage
The REIT Distribution Mirage — Decomposing Indian Office-REIT FY26 Growth by NOI vs DPU
Every listed Indian REIT — Embassy, Mindspace, Brookfield India, Nexus Select — published an FY26 net-operating-income growth headline and a slower distribution-per-unit number. Brookfield's +52% Q4 NOI against +11% FY26 DPU is the widest gap — acquisition arithmetic, not payout engineering. The four REITs' own Q4 FY26 disclosures are the anchor.
+52% → +11%NOI headline vs distribution · Brookfield FY262026-05-21·10 min - #MortgageKCurve
The Mortgage K-Curve — Decomposing India's Home-Loan Growth by Ticket vs Volume
RBI says housing loans grew 11.1%; CRIF says portfolio value grew 10.5% while volume grew 4.1%; SBI retail +17%, Bajaj Housing +23%. Nine readings across six measurement universes. The K-curve becomes legible only when value and volume are isolated to the same publisher — CRIF Q3 FY26 — where value grows 2.5× faster than volume.
2.5×value-vs-volume gap · CRIF Q3 FY262026-05-21·12 min - #OneCrorePlus
Decomposing the One Crore Plus — India Residential CY 2025 by Publisher-Definition Divergence
Knight Frank says premium housing crossed 50% of CY 2025 sales; CREDAI–Liases Foras says ₹1Cr+ is 78% of value; ANAROCK says the premium band is 52% of new supply. All three are factually correct — the divergence is publisher definitions: units vs value vs supply, different city sets, different rupee thresholds. Knight Frank India H2 2025 is the anchor.
50–78%premium-share range · 3 publishers2026-05-21·12 min - #EdtechAfterByjus
Decomposing PhysicsWallah's Listing — India Edtech Before-and-After Byju's
PhysicsWallah listed Nov 2025 at ₹44,382 crore market cap (+42% debut), against the ₹15-16 trillion underlying Indian education market that always existed. PW RHP + Business Standard listing coverage are the announcement anchor.
₹44,382 crPW market cap · listing day2026-05-20·10 min - #EPFOMeanMedian
Decomposing the EPFO Corpus — India Pensions FY26 Mean-vs-Median
EPFO over ₹28 lakh crore, 7 crore active subscribers, 8.25% FY26 interest. EPFO is the announcement anchor. PFRDA, RBI (Brief M-05), AMFI (Brief M-03), CRISIL Pension supply the verified-core decomposition.
₹28 L crEPFO corpus · 7 cr active2026-05-20·10 min - #SmartphoneKCurve
Decomposing 31 Million Units — India Smartphones Q1 2026 Value-vs-Unit
IDC India Q1 2026 shipment report — ~31 million units (-4.1% YoY), Apple value share at 28% despite a 9.4% unit share. Counterpoint, Canalys, CMR + Mirror Briefs M-02 + M-09 K-curve cross-references supply the verified-core decomposition.
28% / 9.4%Apple value vs unit share2026-05-20·10 min - #IndiaHotelKCurve
Decomposing the Hotel-Sector Surge — India Tourism FY26 by Tier × Pricing
FY26 hotel-sector RevPAR + ARR surge. IHCL Q3 FY26 is the announcement anchor. FHRAI, Hotelivate, HSIE, ICRA, STR Global India, MoT, OTA investor data + Brief M-05 RBI cross-reference supply the verified-core tier decomposition.
ARR · tier-splitIHCL Q3 FY26 · STR Global2026-05-20·10 min - #IPLMediaMath
Decomposing IPL 2026 Media Economics — Four-Actor Breakdown
₹48,390 crore 2023-2027 broadcasting rights cycle, JioHotstar's 70 million concurrent reach, ad revenue slowing to 7% CAGR. BCCI media-rights audit + JioStar, Pitch Madison, GroupM, FICCI-EY M&E supply the verified-core decomposition.
₹48,390 crrights cycle · 2023-272026-05-20·10 min - #RetailFnOTransfer
Decomposing the Retail F&O Wealth Transfer — SEBI FY25 Study
SEBI FY25 Retail F&O Trading Study — 91% loss-makers, ₹1.06 lakh crore net retail losses, 16% of traders wiped their entire capital. NSE Pulse, CDSL+NSDL demat data, broker reports + Brief M-03 AMFI cross-reference supply the verified-core wealth-transfer decomposition.
91%loss-makers · SEBI FY252026-05-20·10 min - #TelecomARPUTier
Decomposing Telecom ARPU — India Telecom TRAI March 2026 Tier Split
TRAI India Telecom Subscription Data March 2026 + carrier ARPU trajectory. TRAI is the announcement anchor. Jio, Airtel, Vi quarterly results, S&P Global Market Intelligence + Brief M-05 RBI household-savings cross-reference supply the verified-core ARPU-tier decomposition.
₹256 · ₹211 · ₹167Jio · Airtel · Vi ARPU2026-05-20·10 min - #HurunIndiaRich
Decomposing 308 Billionaires — Hurun India Rich List 2026 Sector × Concentration
Hurun India Rich List 2026 — 308 billionaires, ₹112.6 trillion aggregate wealth. Hurun Research Institute is the announcement anchor. Forbes India, Bloomberg Billionaires Index, Knight Frank Wealth Report 2026 + Brief M-05 RBI household-savings cross-reference supply the verified-core decomposition.
308billionaires · Hurun 20262026-05-20·10 min - #ITServicesQ4FY26
Decomposing the Big-5 — India IT Services Q4 FY26 by Company × Segment
India IT-services Big-5 Q4 FY26 results — TCS, Infosys, Wipro, HCLTech, Tech Mahindra. Each company's quarterly disclosure is the announcement anchor. NASSCOM, brokerage research, ISG/Everest deal-data + Brief M-01 CBRE GCC cross-reference supply the verified-core decomposition.
5 cosTCS · Infosys · Wipro · HCL · TechM2026-05-20·10 min - #GoldFormatMath
Decomposing Q1 2026 Gold Demand — WGC India by Format × After-Tax IRR
World Gold Council Q1 2026 India Gold Demand Trends. WGC is the announcement anchor. IBJA daily rates, AMFI Gold ETF AUM, RBI SGB outstanding + Income Tax LTCG provisions supply the verified-core format decomposition. ₹1.37 lakh difference per ₹5 lakh sticker — at zero price movement.
₹1.37 Lformat IRR gap · ₹5 L sticker2026-05-20·10 min - #HouseholdRotation
Decomposing the Multi-Decade Low — India Household Savings FY24 Rotation
RBI India 'household financial savings at a multi-decade low' headline. RBI is the announcement anchor. MoSPI National Accounts, SBI Ecowrap, Motilal Oswal AMC + Jefferies tracker, and Brief M-03 AMFI cross-reference supply the verified-core rotation decomposition.
5.1 %net financial savings / GDP · FY242026-05-20·10 min - #InsuranceProductIRR
Decomposing ₹4 Trillion — India Life Insurance FY26 Product × IRR
IRDAI India record FY26 life-insurance new-business-premium headline. Listed-insurer disclosures, independent personal-finance research + Brief M-03 SEBI/AMFI cross-reference supply the verified-core product-IRR decomposition. ₹3.2 crore corpus difference on the same outlay and the same cover.
₹3.2 crcorpus delta · same outlay2026-05-20·10 min - #SIPDecomposition
Decomposing the Record SIP — India Mutual Fund March 2026 by Category × Plan
AMFI India March 2026 record SIP inflow ₹32,087 crore + 9.72 crore SIP accounts. AMFI is the announcement anchor. Value Research, Morningstar, SEBI MF data, NSE MFI tracker supply the verified-core category × plan decomposition.
₹32,087 crSIP March 2026 · AMFI2026-05-20·10 min - #ResidentialKCurve
Decomposing the Eight Percent — India Residential Q1 2026 by Ticket-Size Cohort
JLL India Q1 2026 residential decomposition. JLL is the announcement anchor. Knight Frank, ANAROCK, PropTiger, Liases Foras + listed-developer disclosures supply the verified-core ticket-size cohort decomposition.
63 %₹1 cr+ launch share · Q1 20262026-05-20·10 min - #GCCOfficeAbsorption
Decomposing 9.1 Million Sq Ft — India Office GCC Absorption Q1 2026 by REIT Cohort
CBRE Research India Q1 2026 — 9.1 mn sq ft GCC office absorption announced. CBRE is the announcement anchor. Embassy + Mindspace + Brookfield REIT investor decks supply the verified-core REIT-portfolio decomposition. The 2.11 mn sq ft methodology-gap is the editorial finding.
9.1 mn sqftGCC absorption · Q1 2026 · CBRE2026-05-20·10 min
— The Student-Abroad Series
09 published
- #EducationLoanMortgage
The Money Trail Abroad — How Indian Students Are Financed
Three publishers, three measurement universes for financing India's 18-lakh-plus outbound students. RBI LRS studies-abroad head: USD 2.92B FY2025 (down from USD 3.48B FY2024). Avanse FY2025 disbursement: ₹6,914 crore. Credila AUM: ₹41,810 crore (+48% YoY). Each figure true under its own definition. Decomposed here, not adjudicated.
₹41,810crCredila education-loan AUM March 2025 (+48% YoY)2026-05-25·7 min - #IndiaUSA2025
USA · Indian-Student Cohort Decoded — Enrolment, Work-Visa, Permanent Residency
363,019 Indian students in the US in AY 2024/25 (+10% YoY, IIE Open Doors 2025). STEM-OPT extensions reached 95,384 — India held 48% of all STEM-OPT participants. Three-stage enrolment-to-permanent-residency funnel decomposed across IIE, ICE SEVIS, USCIS H-1B, and DoS Visa Bulletin.
363,019Indian students USA AY 2024/25 (+10% YoY)2026-05-25·7 min - #IndiaCanada2025
Canada · Indian-Student Cohort Decoded — Study Permits, PGWP, Permanent Residency
510,235 active Indian study-permit holders in Canada at end-CY2024, down from 533,305 in 2023. New permit grants to Indians collapsed from 76,930 in Jan–Aug 2024 to 9,955 in Jan–Aug 2025. Three IRCC disclosure stacks decomposed against the 2020-2026 rule changes.
510,235Indian study-permit holders Canada CY20242026-05-25·7 min - #IndiaUK2025
UK · Indian-Student Cohort Decoded — Sponsor Visa, Graduate Route, Settlement
HESA SB271 + Home Office YE Dec 2025 + MAC Graduate Route Rapid Review + Earned Settlement consultation. New HESA India-domiciled entrants fell 15.1% in AY 2023/24 while sponsored study visas reached 95,231 in YE Dec 2025 — the enrollment and visa measures diverged. Full enrolment-to-settlement funnel decomposed.
95,231Indian sponsored study visas UK YE Dec 20252026-05-25·7 min - #IndiaAustralia2025
Australia · Indian-Student Cohort Decoded
107,038 Indians held a Subclass 500 student visa in-country on 30 June 2025 — ahead of China at 102,990 for the first time. The three-stage enrolment-to-post-study funnel, the 2024-25 age-35 cap and commencement ceiling, decomposed across five Australian publisher universes.
107,038Indian student visa holders in-country 30 June 20252026-05-25·7 min - #IndiaGermany2025
Germany · Indian-Student Cohort Decoded — Student Visa, Blocked Account, Post-Study Work
59,420 Indian students enrolled in German universities in winter 2024/25, up 20% year-on-year, now the largest source country ahead of China. DAAD census vs MEA consular estimates produce different universe sizes. Sperrkonto blocked-account requirement, FEG 2023 Chancenkarte, §16b work-authorisation rules decomposed.
59,420Indian students enrolled Germany winter 2024/25 (+20% YoY)2026-05-25·7 min - #StudentAbroadSecondTier
Second-Tier Destinations: Ireland, France & New Zealand — Indian-Student Cohort Decoded
HEA Ireland, Campus France, and ENZ New Zealand three-way decomposition. Ireland approximately 9,200 Indians (20.6% of all international students, ranked No. 1 source), France 9,100 (+17% YoY), New Zealand approximately 12,000 (stable). All three growing concurrent with Tier-1 tightening. Measurement definitions differ across all three.
~30,300Indians across Ireland + France + NZ 2024/252026-05-25·7 min - #StudyAbroadConsultancy
India Outbound Education Consultancy — The Invisible Middleware Decoded
The intermediary sector that routes Indian study-abroad applications has no central licensing body, no statutory disclosure obligations, and no cultural representation. 40,989 registered educational consultants, 85% single-owner micro-enterprises. IDP Education (ASX: IEL) is the only publicly listed operator with India exposure.
40,989registered educational consultants India (April 2026)2026-05-25·7 min - #18LakhDecisions
18 Lakh Decisions: The Architecture of India's Outbound Student Economy
Series master brief synthesising all 9 Student-Abroad Mirror Briefs. Three machines — the exam gate, the debt apparatus, and the destination routing layer — convert India's 18,82,318 students abroad into a structured economy. Four Tier-1 destinations carry at least 1,087,772 of them. IDP Education's placement-volume decline of 29% in FY2025 is the forward indicator.
18,82,318Indian students abroad · 153 countries · MEA Jan 20252026-05-25·13 min
— Weekly Intelligence
17 published
- #TariffResetWash
The Tariff Reset Wash — What Each Indian Export Sector Realises After the 18% Reciprocal Reset
Three composite export operators. Three tariff-exposure pathways. One reset India doesn't decompose.
18%reciprocal tariff · Feb 2026 reset2026-05-20·9 min - #RealisedRupee
USD/INR Realised-Rate Gap: The Rupee India Inc Actually Pays
Three composite Indian corporates. Three operating-rupee gaps. One disclosure pattern.
~₹98operating rupee · modelled2026-05-20·9 min - #LogisticsInvITYield
Logistics InvIT Yield: When the Toll Concession Meets the Investor Cost-of-Capital
Three composite InvIT stakeholders. Three concession-vs-yield scenarios. One ₹2.5 LCr AUM map.
7-9%distribution yield · SEBI2026-05-15·9 min - #RenewableAuctionCollapse
Renewable Auction Collapse: When Sub-₹2.5 Tariffs Meet Project Reality
Three composite renewable stakeholders. Three auction-vs-PPA failure modes. One sub-₹2.5 tariff curve.
~₹2.5/kWh solar bid · SECI2026-05-15·9 min - #DefenceExports
Defence Exports: When the Pipeline Meets the Production Line
Three composite defence-export stakeholders. Three production-line scenarios. One ₹22K Cr export pipeline.
₹22K CrFY24-25 exports · MoD2026-05-15·9 min - #OTTPricingWars
OTT Pricing Wars: When the Ad-Tier Pivot Meets the ARPU Math
Three composite OTT operators. Three ARPU-vs-content failure modes. One ad-tier pivot.
₹50-180ARPU range · TRAI2026-05-15·9 min - #InsurancePenetrationIndia
Insurance Penetration India: When the Premium Meets the Reach
Three composite insurance stakeholders. Three persistency failure modes. One penetration target.
~3.7%penetration · IRDAI2026-05-15·9 min - #DPDPRulesCompliance
DPDP Rules Compliance: When the Act Meets the Notification
Three composite Data Fiduciaries. Three compliance failure modes. One DPDP rollout.
₹250 Crmax penalty · DPDP §332026-05-15·9 min - #PLISchemeReality
PLI Scheme Reality: When the Outlay Meets the Disbursement
Three composite PLI-cohort operators. Three disbursement failure modes. One ₹1.97 lakh crore policy.
~25%outlay disbursed · DPIIT2026-05-15·9 min - #CreditCardDefaultCycle
Credit Card Default Cycle: When the Unsecured Curve Turns
Three composite consumer-credit stakeholders. Three NPA failure modes. One turning unsecured curve.
~2.2%card NPA · RBI FSR2026-05-15·9 min - #IndiaAIMissionEconomics
IndiaAI Mission Economics: When the Allocation Meets the Compute
Three composite AI-stack stakeholders. Three GPU-allocation failure modes. One ₹10,372 Cr Mission.
₹10,372 CrMission outlay · MeitY2026-05-15·9 min - #CoachingCentreReckoning
The Coaching Centre Reckoning: When the State Regulates the Industry It Outsourced To
Three composite stakeholders. Three regulatory failure modes. One ₹58,000 crore industry under reform.
~₹58K Crindustry size · sector reports2026-05-14·9 min - #MSMECreditGap
The MSME Credit Gap: When the Announcement Meets the Underwriting Model
Three composite MSMEs. Three credit failure modes. One underwriting model deciding the line.
~50%formal coverage · RBI FSR2026-05-14·9 min - #QuickCommerceSqueeze
Quick Commerce Squeeze: The Ten-Minute Math
Three composite operators. Three margin profiles. One ten-minute math. Metro density works; Tier-2 does not yet.
₹460metro AOV · sector blend2026-05-15·9 min - #TheHybridHoldout
The Hybrid Holdout
India's Powertrain Patience. The transition is real. The substitution is not.
18.5%CNG PV share · Q1 FY25 · SIAM2026-05-12·10 min - #ReelVsReality
Reel vs Reality: India's Performance Gap
Three lives. Three performance gaps. One architecture.
0.75 / 100Kpsychiatrists · WHO rec 32026-05-12·9 min - #KheloIndiaReality
Khelo India: What the Public Numbers Don't Show
Three composite athletes. Three failure modes. One scheme.
3.4 / 10panel buy-likelihood2026-05-12·8 min
— Vote
Closes 22 May 2026
What should RAOSCAFF research next?
Five fresh investigation topics — none overlapping the artefacts already published in the Intelligence Library. RAOSCAFF sets the editorial agenda; your vote is a signal we read, not a poll that decides. Briefs publish when the investigation is ready. Quiet count — no live numbers by design.