Andy Mukherjee

Prime Minister Narendra Modi and a key ally have chalked up a landslide poll victory in Bihar, India’s poorest state. Their secret sauce? Cash. At the last minute, the ruling alliance stuffed money into bank accounts of millions of women under the guise of an employment program. That was enough for it to return to power, winning 202 out of the state’s 243 assembly seats.

Is 2025 a possible “ChatGPT moment” for stablecoins? It might be, though given the glacial pace at which the new payment technology is making inroads into everyday shopping, it might be easy to miss the change.

Amazon.com Inc.’s latest global layoffs should come as a singular warning to India. For policymakers dealing with the world’s largest youth population, AI suddenly poses a very real risk to jobs, wages, and a white-collar future.

US sanctions on Rosneft and Lukoil may have finally succeeded in weaning India off Russian crude oil, a trade the Trump administration has blamed repeatedly for financing Vladimir Putin’s war in Ukraine. But Washington, boosted by an emerging tariff truce with China, is far from done twisting New Delhi’s arm.

Stablecoins aren’t allowed to pay interest, but can’t an early adopter or a loyal user at least expect a free toaster as a gift?

Stablecoins aren’t allowed to pay interest, but can’t an early adopter or a loyal user at least expect a free toaster as a gift?

In just two years, India has gone from being the best-loved emerging market to the most sold, and now investors are bracing themselves for yet another quarter of disappointing corporate earnings.

In just two years, India has gone from being the best-loved emerging market to the most sold, and now investors are bracing themselves for yet another quarter of disappointing corporate earnings.

“Digital arrests” are bilking Indians out of millions, leaving trauma and distrust in their wake.

A decade ago, stablecoins were conceived as a bridge for speculators to travel between risky digital assets like Bitcoin and the less turbulent world of fiat money. That is changing fast. In the hands of a crypto-loving Trump administration, these dollar clones are shaping up as a highway that will carry America’s influence around the world. China’s President Xi Jinping is not taking this new front of geopolitical competition lightly.