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Economy

StayUncle, an app for couples to book hotel rooms

Before breaking even, these Indian start-ups are breaking taboos

Judgement free hotel stays for couples, and easier dating options for the LGBT; the new startups of India are making profits by catering to nonconformists.
Pedestrians

Bankruptcies are booming in India, but where are the judges?

Ten benches with a combined 26 judges and technical staff are hearing more than 2,500 insolvency cases. A streamlined bankruptcy process is crucial for Prime Minister Narendra Modi’s attempts to come to grips with a simmering banking crisis. 
The Reserve Bank of India (RBI)

Core not headline inflation seen influencing India’s interest rate setters

Globally, focus on core inflation is par for course. But in India’s context, it’s the headline inflation that matters.
Representational image | Bloomberg

Trump’s trade war spurs India to import more oil, drones from US

India is among partner countries seeking to allay U.S. trade deficit fears by increasing imports as the Trump administration redraws bilateral trade plans and seeks to alter world trade norms.
A customer at a Walmart India Pvt. Best Price Modern Wholesale store in Chandigarh

Flipkart willing to sell 80 per cent to US giant Walmart

An investment in Flipkart will be Walmart's biggest deal in almost two decades and strike a blow against rival Amazon
A customer holds a SIM card packet while waiting to connect his mobile phone to the carrier Reliance Jio | Dhiraj Singh/Bloomberg

How long is a quarter? 6 months if you’re Reliance Jio

When it posted results for July through September last year, Jio’s operating earnings were $220 million. Overall, it had a loss of $41 million, and subscriber numbers were growing 12 percent a quarter.  But, Jio packed six months of sales into one quarter while counting only 3 months of expenses. 

What India can learn about smartphone manufacturing from Vietnam

More than 10,000 foreign companies—including major global players such as Samsung, Intel, and LG—operate in Vietnam today, mostly in export-oriented, labor-intensive manufacturing. 
RBI logo

Minutes of RBI policy meeting indicate an interest rate increase, not a cut

Despite lowering inflation projections just two weeks ago, the tone of the minutes show the debate was veering toward a possible interest rate increase and...
Pearls

Pearls imports fine print hint at capital flight from India

Trade deficit widened by $1.7 billion in March with jewelry and stones driving a large part of the increase.
File photo of people lining up outside an HDFC Bank ATM| Bloomberg

‘Risky’ cash crunch pushes the government to defend scam-hit banks

Reasons for the squeeze range from farm spending to looming elections, but its roots lie in Modi’s 2016 decision to overnight void 86 percent of currency in circulation?

On Camera

Sri Lankan soldiers inspect the damage inside St. Sebastian's Church, Sri Lanka | Tharaka Basnayaka/Bloomberg

Sri Lanka attacks mark birth of terrorism 3.0

Terrorism 3.0 is defined by the Islamic State — a globally dispersed, highly lethal, financially capable, deeply innovative organisation.

Sri Lanka terror attack: Did the world let its guard down on ISIS?

The Islamic State has claimed responsibility for the serial suicide bombings in Sri Lanka, which have killed more than 300 people till last count.

Defence

Indian Coast Guard

Indian Coast Guard increases maritime surveillance following Sri Lanka blasts

More ships and aircraft have been deployed to ensure India faces no security threat after a series of blasts killed 290 in Colombo, a Coast Guard official said.
Graphic by Soham Sen | ThePrint

Modi & Shah have turned India into ‘Jingostan’ & are out to conquer the paranoid country

The Modi-Shah BJP has resurrected dangers & the enemy from the past, and built a scary jingoism. It’s a great diversionary tactic, but it never ends well.