A decade ago, Vidit Aatrey and Sanjeev Barnwal quit their salaried careers and began a tour of family-run stores in the southern Indian city of Bengaluru, attempting to work out why the country’s legion of small shopkeepers did not sell their cheap clothes and goods online. It was a challenge that would inspire the Delhi … Read more
Air India long languished under government ownership while cash-rich Middle Eastern rivals siphoned off travellers. Now the airline is trying to even the score with cheaper fares, fresh cabins and lounges as well as shorter layover times. The multi-year turnaround programme will initially focus on the airline’s 27 Boeing 787-8 Dreamliners that are more than … Read more
The Lower House of India’s parliament early on Thursday passed a controversial bill moved by Prime Minister Narendra Modi’s Hindu nationalist government to amend laws governing Muslim land endowments. The bill would add non-Muslims to boards that manage waqf land endowments and give the government a larger role in validating their land holdings. The government … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s economic growth has rebounded after bountiful harvests boosted rural consumption and the government of Prime Minister Narendra Modi ratcheted up spending. Government data on Friday showed India’s GDP grew 6.2 per cent in the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s government is under pressure to turn around a slowing economy but with little room to manoeuvre as it prepares to present one of the most consequential budgets since Prime Minister Narendra Modi came to power … Read more