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Starting in the late nineteenth century, colonial rule in India took an active interest in regulating financial markets beyond the bridgeheads of European capital in intercontinental trade. Regulatory efforts were part of a modernizing project seeking to produce alignments between British and Indian business procedures, and to create the financial basis for incipient industrialization in India. For vast sections of Indian society, however, they pushed credit/debt relations into the realm of extra-legality, while the new, regulated agents of finance remained incapable (and unwilling) of serving their needs. Combining historical and ethnographic approaches, the book questions underlying assumptions of modernization in finance that continue to prevail in postcolonial India, and delineates the socioeconomic responses they produced, and studies the reputational economies of debt that have emerged instead – extra-legal markets embedded into communication flows on trust and reputation that

We live in cities whose borders have always been subject to expansion. What does such transformation of rural spaces mean for cities and vice-versa? This book looks at the spatial transformation of villages brought into the Delhi's urban fray in the 1950s. As these villages transform physically; their residents, an agrarian-pastoralist community - the Jats - also transform into dabblers in real estate. A study of two villages - Munirka and Shahpur Jat - both in the heart of bustling urban economies of Delhi, reveal that it is 'rent' that could define this suburbanisation. 'Bhaichara', once a form of land ownership in colonial times, transforms into an affective claim of belonging, and managing urban property in the face of a steady onslaught from the 'city'. Properties of Rent is a study of how vernacular form of capitalism and its various affects shape up in opposition to both state, finance capital and the city in contemporary urban Delhi.

Nationalism is among the most influential ideas that has shaped the 'Metamorphoses of the Political' in the long twentieth century. This book focuses on exclusivist Indian nationalism and identifies its distinction from inclusivist nationalism. It highlights shifts in 'another Indian nationalism' over the last two centuries as the geopolitical context has transitioned from the Pax Britannica to the Pax Americana and its war on terror. The books braids the following three strands together: first, a majoritarian nationalist ideology called Hindutva; second, the making of popular history as a precolonial epic is highlighted, depicting the defeat of the last Hindu Emperor by a conquering Muslim Sultan purportedly leading to eight centuries of Hindu enslavement and third, the 'reconversion' of a community by the Visva Hindu Parishad with consequences for Lived Hinduism and Indic civilisation with its complex identities.