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Detailed stories on technology startups, business and economic current affairs.
The Trump administration’s unprecedented kowtowing to corporate power poses an existential question for democracy worldwide

The intertwining of political power and corporate influence is not a novel phenomenon, but its scale and brazenness in the 21st century pose existential questions for democracies the world over.
On an official visit to the US, Prime Minister Narendra Modi held a meeting with Elon Musk, an engagement that was part of Modi’s meetings with top officials of the Trump administration. On Modi’s left were all the top Indian officials while Musk had two women and three toddlers present. The casual nature of Musk’s interaction was a demonstration of the power the Tesla and X owner wields in the …

The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Influence cannot be manufactured through diaspora networks, carefully branded events or political donations. It requires honesty and credibility.