Today's Edition

The hidden cost of India’s derivatives obsession

Saudi Arabia wants more disclosures from private equity and venture capital

As part of a wider push to encourage transparency in the market, the CMA’s latest proposal seeks more clarity on how private capital moves around in the country.

Maanav D J

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Explore Archive

In Brief

SEBI to tweak how its new closing norms impact F&Os · 03 Sept

Navi raises $100 million from Prosus in its first institutional funding round · 19 Aug

NCDEX moves beyond farms with equities, MFs and non-agricultural contracts · 20 May

Emaar posts solid Q1 financials amid Iran war · 11 May

The Middle East Edition

Dispatches from our Gulf desk

Dubai real estate: ‘it’s a buyer’s market now’

A Saudi OpenAI engineer and a covert recording device

Can the UAE stay ahead in the AI data centre race?

Introducing Bad Hangover, a new book that captures the rise and collapse of Bira.

Bad Hangover is a behind-the-scenes story of how India's most-loved craft beer company came about and lost it all. It chronicles a decade of unchecked ambition, extravagance, relationships going south, and hustle culture taken too far. An avoidable, bitter collapse that offers lessons in startup culture and entrepreneurship. An Indian startup story told in a way you've never read before.

Pre Order

Latest Stories

Business

Prem Watsa’s second bite at Indian banking opens a can of worms

The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.

Furquan Moharkan

Business

PERM curbs force Indian IT to dabble in the GCC business

Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.

Anas Ali

Internet

India’s new battery plan runs into the same old problems

A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.

Ananya Upadhyaya

Business

The surge in loans against mutual funds—who wins and who pays the price

Lenders stand to gain a lot more than borrowers in the current challenging market environment

Charu Singh

Business

Dubai real estate: ‘it’s a buyer’s market now’

Falling sales, a price correction and more cautious buyers mark a sharp shift in Dubai’s property market as regional conflict drags on.

Maanav D J

Business

Prem Watsa’s second bite at Indian banking opens a can of worms

Furquan Moharkan

Business

PERM curbs force Indian IT to dabble in the GCC business

Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.

Anas Ali

The Middle East Edition

Dispatches from our Gulf desk

Dubai real estate: ‘it’s a buyer’s market now’

A Saudi OpenAI engineer and a covert recording device

Can the UAE stay ahead in the AI data centre race?

In Brief

SEBI to tweak how its new closing norms impact F&Os · 03 Sept

Navi raises $100 million from Prosus in its first institutional funding round · 19 Aug

NCDEX moves beyond farms with equities, MFs and non-agricultural contracts · 20 May

Read All Stories

On The
Record

Essential perspective on journalism from one of its best practitioners.

Explore Stories

Fountain pen on annotated manuscript — On The Record

Demystifying the world of freelance journalism

In a failing news ecosystem, independent journalists keep the story alive. A sneak peek into how they do things to get the best results and the challenges they face.

Think editing is a waste of time? Think again

In the fast-changing world of news, editors at the copy desk continue to be gatekeepers of quality and accuracy.

What’s the best way for newsrooms to handle corrections?

At a time when journalism is rotting away, corrections are truly a saving grace. How newsrooms handle them says a lot about their credibility.

Latest Newsletters

A wealth of knowledge from India's top writers curated for you by The Morning Context.

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Internet

A Saudi OpenAI engineer and a covert recording device

The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.

Harveen Ahluwalia

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Internet

A Saudi OpenAI engineer and a covert recording device

Harveen Ahluwalia

Explore Newsletters on

Startups

Public Markets

World Affairs

Love & Family

Technology

Agriculture

Economy

Science

Public Policy

Environment

Sports

Personal Finance

Conflict

Get Started

Spotlight

Internet

Pocket FM’s AI washing

Look around you. It’s on audio, it’s on video, it’s all AI.

Ashish K. Mishra

Business

Speciality needs a new Mainland China. Can the next generation deliver it?

The restaurant company is refurbishing older outlets and launching new brands, but the biggest test for the new CEO, Avik Chatterjee, will be scaling them up amid intensifying competition.

Devika Singh

Internet

Pocket FM’s AI washing

Look around you. It’s on audio, it’s on video, it’s all AI.

Ashish K. Mishra

Business

Speciality needs a new Mainland China. Can the next generation deliver it?

Devika Singh

Middle East

Business

Dubai real estate: ‘it’s a buyer’s market now’

Falling sales, a price correction and more cautious buyers mark a sharp shift in Dubai’s property market as regional conflict drags on.

Maanav D J

Internet

A Saudi OpenAI engineer and a covert recording device

The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.

Harveen Ahluwalia

Internet

Can the UAE stay ahead in the AI data centre race?

From India to Europe, governments are piling in to build centres to support (and profit from) the AI boom. What does the UAE have that others don't?

Maanav D J

Business

Dubai real estate: ‘it’s a buyer’s market now’

Falling sales, a price correction and more cautious buyers mark a sharp shift in Dubai’s property market as regional conflict drags on.

Maanav D J

Internet

A Saudi OpenAI engineer and a covert recording device

Harveen Ahluwalia

Internet

Can the UAE stay ahead in the AI data centre race?

Maanav D J

Best of Internet Coverage

Internet

Urban Company is forced to play both defence and offence

The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.

Hiral Goyal

Internet

India’s new battery plan runs into the same old problems

A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.

Ananya Upadhyaya

Internet

A Saudi OpenAI engineer and a covert recording device

The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.

Harveen Ahluwalia

Internet

Unraveling Finance Buddha and India’s privacy hellhole

The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.

Lokesh Choudhary

Internet

Rebel against AI-generated food slop

India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.

Hiral Goyal

Internet

Urban Company is forced to play both defence and offence

The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.

Hiral Goyal

Internet

India’s new battery plan runs into the same old problems

Ananya Upadhyaya

Internet

A Saudi OpenAI engineer and a covert recording device

Harveen Ahluwalia

Internet

Unraveling Finance Buddha and India’s privacy hellhole

Lokesh Choudhary

Internet

Rebel against AI-generated food slop

Hiral Goyal

Explore by Theme

Startups

Fintech

Retail

E-commerce

Media

IT

Aviation

Telecom

EdTech

Banking & Finance

Environment

Best of Public Markets coverage

Business

The hidden cost of India’s derivatives obsession

Charu Singh

Business

Saudi Arabia wants more disclosures from private equity and venture capital

As part of a wider push to encourage transparency in the market, the CMA’s latest proposal seeks more clarity on how private capital moves around in the country.

Maanav D J

Business

Two IPOs and a war year

Harveen Ahluwalia

Business

Prem Watsa’s second bite at Indian banking opens a can of worms

Furquan Moharkan

Business

PERM curbs force Indian IT to dabble in the GCC business

Anas Ali

Business

The surge in loans against mutual funds—who wins and who pays the price

Charu Singh

Business

The hidden cost of India’s derivatives obsession

Charu Singh

Business

Saudi Arabia wants more disclosures from private equity and venture capital

Maanav D J

Business

Two IPOs and a war year

Harveen Ahluwalia

Business

Prem Watsa’s second bite at Indian banking opens a can of worms

Furquan Moharkan

Business

PERM curbs force Indian IT to dabble in the GCC business

Anas Ali

Business

The surge in loans against mutual funds—who wins and who pays the price

Charu Singh

Best of Chaos Coverage

Chaos

For a stronger India, reverse this institutional capture

The ruling party’s control over state institutions has come to look like ordinary governance. Reversing this capture is essential to restoring India’s constitutional democracy.

Sushant Singh

Chaos

RSS chief's North America visit did not go well. Its problems run deep

Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.

Sushant Singh

Chaos

UAE cuts economic ties with Iran as tensions flare up again

Fresh attacks in the country appear to have triggered another escalation in the Mideast conflict; Saudi Arabia wants tighter oversight on UAE transfers; and other important updates.

Harveen Ahluwalia

Chaos

China’s view of India has changed. It’s time New Delhi recognized that shift

Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.

Sushant Singh

Chaos

India’s jet engine gap turns into a strategic fault line

The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.

Sushant Singh

Chaos

For a stronger India, reverse this institutional capture

The ruling party’s control over state institutions has come to look like ordinary governance. Reversing this capture is essential to restoring India’s constitutional democracy.

Sushant Singh

Chaos

RSS chief's North America visit did not go well. Its problems run deep

Sushant Singh

Chaos

UAE cuts economic ties with Iran as tensions flare up again

Harveen Ahluwalia

Chaos

China’s view of India has changed. It’s time New Delhi recognized that shift

Sushant Singh

Chaos

India’s jet engine gap turns into a strategic fault line

Sushant Singh

Corporate Subscription

Give your team the knowledge of independent, deeply researched and well written stories with our unique team subscription plans.

Learn More

Startups

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Internet

Urban Company is forced to play both defence and offence

The instant house help business has become the centre of focus and investment at the home services company. But another fight may be brewing in its core business.

Hiral Goyal

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Internet

Urban Company is forced to play both defence and offence

Hiral Goyal

Internet

Rebel against AI-generated food slop

Hiral Goyal

Internet

The Snapdeal problem now belongs to public investors

Hiral Goyal

Internet

Can Ankush Grover take Rebel Foods to the IPO finish line?

Hiral Goyal

Internet

IPO-bound Flipkart is trying to do everything everywhere all at once

Hiral Goyal

Internet

VCs put $86 million into FirstClub. But is it venture fundable?

Hiral Goyal

Education Technology

State of the Unicorns

Gaurav Munjal loses his faith

Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.

Muskaan Gupta

Internet

Alakh Pandey’s uphill task to dominate the south

Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.

Muskaan Gupta

State of the Unicorns

Gaurav Munjal loses his faith

Muskaan Gupta

Internet

Alakh Pandey’s uphill task to dominate the south

Muskaan Gupta

Internet

Can Eruditus get foreign universities to work in India?

Muskaan Gupta

Internet

Allen Career Institute is in flux and nowhere close to an IPO

Muskaan Gupta

Internet

Physics Wallah’s aggressive offline strategy is in limbo

Muskaan Gupta

Internet

Can Bhanzu break India's edtech curse?

Muskaan Gupta

Internet

With Gemini in test prep, India’s education businesses have little time to lose

Muskaan Gupta

Gift a Subscription

Give the gift of in-depth and beautifully written stories to your family and friends.

Learn More

State of Unicorns

State of the Unicorns

We take a look at the company’s trajectory from a messaging platform to a super app and its rise to prominence.

Sethu Pradeep

State of the Unicorns

How ShopClues faded without a fight

Muskaan Gupta

State of the Unicorns

Drools has come a long way. Just not long enough to beat Pedigree

Muskaan Gupta

State of the Unicorns

Porter just became a unicorn. Now comes the hard part

Muskaan Gupta

State of the Unicorns

India’s pre-owned vehicle startups fail the internet business test

Muskaan Gupta

State of the Unicorns

The forgotten lessons of Hike-Part III

Harveen Ahluwalia

State of the Unicorns

The forgotten lessons of Hike—Part II

Sethu Pradeep

Conglomerates

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Business

Reliance takes its discount playbook to ice cream. Will it work?

Bombay Creamery, the conglomerate’s latest consumer bet, is banking on aggressive pricing and retailer margins to crack a market dominated by dairy companies and regional brands.

Devika Singh

Business

Two IPOs and a war year

The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.

Harveen Ahluwalia

Business

Reliance takes its discount playbook to ice cream. Will it work?

Devika Singh

Business

External capital for Abu Dhabi’s youngest sovereign fund unit

Harveen Ahluwalia

Business

A $12 billion UAE project in the Maldives

Harveen Ahluwalia

Business

Birla’s wire bet, Ultravolt, runs into resistance