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Detailed stories on technology startups, business and economic current affairs.
In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.

If you are in India, some of you, few rich brats are going to drive a Tesla car soon. Yes, very many congratulations on that! If you can hold on to that excitement and indulge me a little, I’d like to draw your attention to how you are getting to own one and why it is such a big deal. Stay with me because it will only compound your bragging rights.
See, import duties make for a dull subject but are an important tool for economic development. In India, a 110% duty on the import of a completely built unit …
India’s second-largest brokerage by active clients wants to handle IPOs as a merchant banker. But gaining a foothold in the highly competitive sector is easier said than done.