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Detailed stories on technology startups, business and economic current affairs.
India has 66,000 public buses when it needs 188,500. Even in the existing fleet, the ridership is falling. What’s going wrong?

For 30 years, Vidyadhar Date took a bus to work. His boss did too, as did many other colleagues. “Many of them didn’t need to,” says Date. “My boss owned a four-storey building in Bandra. He still preferred the bus.”
Date worked at the Mumbai bureau of The Times of India till he retired in 2004. For him, the bus was more than a mode of commute. “It was a joyride,” he says. “I know people who’ve got married after meeting on a bus. Even Rosa Parks’s role in the civil rights movement in the US started from a bus.” …

The framework reads less like an agreement between partners and more like a probation order written by the stronger side.
It’s never a good sign when your foreign minister needs a lobbyist to meet US officials. The recent events signal a breakdown in the Modi government’s ability to operate in today’s Washington through its own machinery.
Revenue growth slows for the footwear company as consumption skids and rivals crowd the market.