In May, India's law ministry refused to serve the SEC's legal summons to Adani, citing “the absence of an ink signature on the SEC’s cover letter and a seal”, which the US regulator argued was not required.
www.ft.com/content/64f0...
“Private Indian energy giants could make a killing from refining more Venezuelan heavy crude, and India could achieve its goal of better diversifying its sources of foreign oil — and especially if it continues to scale back Russian oil imports.”
ft.com/content/5d0f...
www.ft.com/content/8070... India’s turbulent year in aviation: “In the US and China, there are several peer-sized airlines that can step in to ease shocks. India doesn’t have that.” @christopherkay.ft.com
RBI governor Sanjay Malhotra tells the @financialtimes.com that he expects India's interest rates to remain low for a “long period”.
He also admitted that the blistering 8.2% GDP figure “was surprising” and the central bank had to “improve” its forecasting
ft.com/content/55cd...
Earlier this year, IndiGo's CEO told the @financialtimes.com that the airline's rise was “one of the most incredible aviation stories in the world”.
But that triumphant narrative has been devastated after a major air travel meltdown - www.ft.com/content/e3f7...
India’s airports in chaos as largest airline IndiGo cancels over
1,000 flights on Friday following days of turmoil.
The airline's CEO says cancelling more than half the its flights would help it to “start afresh” - www.ft.com/content/6451... via @financialtimes.com
The costs of India’s hunger for cheap steel-The scale of that growth, however, comes with significant costs. Despite its essential role in engineering and construction, steel is one of the world’s dirtiest materials…
www.ft.com/content/c9f4... @christopherkay.ft.com @financialtimes.com
Today's FT Big Read: India's steel production has boomed in the past decade. But that growth comes with significant costs.
“We are creating a big carbon monster that we will not be able to tackle in the future,” says @globalenergymon.bsky.social's Henna Khadeeja - on.ft.com/4oVZzWI
Only 4.4% of India's workforce aged 15 to 29 is formally skilled, according to the government, which has acknowledged that just over half of the country's graduates have the “skills needed by a modern economy” - on.ft.com/3LMDICt via @financialtimes.com
Inside the war over Bangalore Palace.
Since India's independence, the Mysore maharajas have waged a slow battle for control over their historic real estate, flitting between political parties and attempting to protect their legacy.
My latest for the @ftweekend.com magazine - on.ft.com/3JXqphR
PM Narendra Modi heralded India’s growing “concert economy” after Coldplay gigs. But India still struggles with a scarcity of venues and opaque red tape.
“We always had a gun to our head in terms of who’s the next guy going to be coming to ask for a piece of the action” | www.ft.com/content/fea1...
India’s grid deadlock threatens green power rollout - on.ft.com/4p0PYNW via @financialtimes.com
India is estimated to spend less than 0.7% of GDP on R&D, less than half what it needs to spend.
‘Shoestring’ R&D budgets force India to rely on Chinese tech, steel tycoon Sajjan Jindal tells the @financialtimes.com - on.ft.com/4nbBwBm
Tata “fighting multiple fires” after cyber attacks and boardroom splits.
“A lot of the day-to-day issues are coming from the operational level . . . but there’s also stuff coming from the top with the disagreement between Noel Tata and some of the other trustees” | on.ft.com/4ofUA2p
Electric scooter makers find opportunity on India’s clogged streets - on.ft.com/3KCRXct via @financialtimes.com
Trump’s H-1B visa turmoil threatens Indians’ American dream.
“This is going to crash the number of foreign students applying to the US,” says a recruiter at a US tech company. "They’re going to be saddled with astronomical student loans and no way to work in the US.”
www.ft.com/content/0f84...
‘Massive’ oil reserves? Trump baffles Pakistanis, who have mocked his claims and shared images of oil-filled cauldrons used to cook fatty samosas, suggesting the US president may have confused lipids for fossil fuels - on.ft.com/4pfUBVB
Today's FT Big Read: The unsustainable boom in India’s Silicon Valley.
Bangalore has become one of the starkest illustrations of India’s struggles to build the infrastructure needed to keep its economy growing at a brisk rate - on.ft.com/3HTISej
China and India seek to repair strained ties ahead of Modi-Xi meeting on.ft.com/45qPFFr
Trump tariffs threaten Modi’s ‘Make in India’ manufacturing drive.
“It’s been insane,” says an executive at a garment exporting firm, which has been fielding calls from US clients. “At 50 per cent tariff there is no business to be done.”
www.ft.com/content/7b22...
Indian whisky has come a long way but now faces disruption after the UK-India trade deal - great column by @christopherkay.ft.com www.ft.com/content/e0a0...
India’s award-winning whisky industry is bracing for disruption. The UK–India trade deal slashing import tariffs on Scotch, “will pose some challenges for us,” says the head of Amrut Distilleries.
www.ft.com/content/e0a0...
India’s IT services giants race to reinvent themselves for the AI age - on.ft.com/45lnms1
My essay for @ftweekend.com on the grand refurb of the Indian capital's government quarter - and the extent to which Delhi does and doesn't serve India's people. Happy Saturday from the megacity! on.ft.com/3HscD5D
US-India trade war throws spotlight on Mukesh Ambani’s Russian oil windfall - on.ft.com/3UkjrW0
‘Never compromise’ or ‘Narendra Surrender’? India’s Modi navigates showdown with US - on.ft.com/4frQqRX via @financialtimes.com @johnreedwrites.ft.com
In a @financialtimes.com interview, the chair of India's market regulator calls for “structural reform” of derivatives market & rejected Jane Street's defense in manipulation probe.
“I know these guys are brilliant mathematicians and PhDs, but we can have PhDs from our side” ft.com/content/ccac...
on.ft.com/3ITyeED Donald Trump slams India and Russia as ‘dead economies’ after tariff stand-off
Trump announces 25% tariffs on India - on.ft.com/40KMh5w via @financialtimes.com
