🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

As income inequality gets worse in India, sales of luxury cars is touching new highs. Mercedes Benz for instance recorded its highest ever sales in the country. Indians want to show they are affluent and can afford luxury. themorningcontext.com/yesterday/why-…

Zoho’s investment plans along with the Indian government’s nod to set up 3 new semiconductor facilities this year, tie in well with the country’s goal to speed up progress in the chip industry—mostly a laggard so far. Why India needs to up its game. themorningcontext.com/yesterday/why-…

With over 90% of the global market share in search engines, Google Search cannot afford to let people’s trust erode because of its AI hiccups. I write in today’s edition of News Explainer The Morning Context themorningcontext.com/yesterday/goog…

Eight years after setting foot in India, Stripe, one of the world’s most valuable fintech startups, is pulling back from the country. Why? Ujjaini Dutta explains The Morning Context themorningcontext.com/yesterday/why-…

Never a better day.

Adani group shares lost a cumulative $45 billion today, even more than their biggest single day loss after the Hindenburg report.

Adobe's latest terms of service update requires users to grant the company access to their materials for “content review”. Should you be worried? themorningcontext.com/internet/shoul…

Adobe's new terms of service and the concerns it has sparked. Ujjaini Dutta writes The Morning Context themorningcontext.com/internet/shoul…

Apple’s late to the AI party, but could still be the life of it Ujjaini Dutta writes The Morning Context themorningcontext.com/internet/apple…

When asked how they handled strange in-flight situations, several women told TMC that they would inform the cabin crew, discreetly. Some just try to move away. Ujjaini Dutta writes what may have prompted #IndiGo's seat selection feature for #women. themorningcontext.com/business/is-in…

A projected 4,300 millionaires are set to leave India this year. And UAE has emerged as the destination of choice for high net-worth individuals to relocate to. Ujjaini Dutta takes a look into India’s millionaire drain. themorningcontext.com/business/why-a…

Last week, the RBI sent out a SMS - “Before using fingerprint for any transaction, ensure no transparent film is on the device. Verify operator’s ID. Ask for receipt of the transaction.” Ujjaini Dutta decodes it. The Morning Context themorningcontext.com/internet/why-i…

My first for Reuters Breakingviews!

Tobacco giant’s value push is running out of puff - Ujjaini Dutta - bit.ly/3WeWOU5

My latest for Reuters Breakingviews

India's money-losing Zepto, which specialises in 10-minute grocery deliveries, has deferred IPO plans as it struggles to cut costs. Rival services from Zomato and Swiggy are bleeding cash as well. With profitability elusive for all, prospects for the $10 bln market look grim.

Shares of $28 bln Eternal and Swiggy have shrugged off the entry of Rapido, an upstart taking aim at their high take rates. That looks complacent. It has disrupted ride hailing with a similar approach. High fees in a price-sensitive market is an open invitation to competition.

My latest for Reuters Breakingviews: #Tesla is opening its first showroom in the world’s third-largest car market. High import duties and modest incomes are likely to keep sales relatively low. But India offers Musk an opportunity too good to drive past.

Shares of $130 bln #TCS fell after it announced a plan to cut 2% of its 613,000 staff, double its usual rate. The tepid reaction of investors, however, underscores fears that efficiencies led by #AI will reshape rather than trim costs.

For Reuters Breakingviews this week: