/
•
•
Detailed stories on technology startups, business and economic current affairs.
Current hype would have us believe that India is on the cusp of a green industrial revolution. The reality of an energy transition will likely be far more complicated and messy.

For much of late March through May, many parts of India were reeling under power shortages in the middle of an oppressive, historic heatwave. Daylong power cuts to industry and households became common for a few weeks and passenger trains were—and still are—being cancelled to facilitate the movement of coal from the mining belt to power plants.
There were multiple reasons behind these shortages, but much of it came down to perpetually cash-starved power generators not being able to pay for coal to arrive at their plants on time. Prices of imported coal trebled after Russia invaded Ukraine, killing the …

The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
The most valuable Mideast fintech is expanding beyond buy-now, pay-later into financial services across Saudi Arabia and the UAE.
August was the best month this year for Dubai hotels, a crisis in the kingdom, and Mubadala gets a piece of Luckin.