The Ken

Daybreak

News EN ↓ Episoade: 865

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.

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28 oct. 2026

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Episoade

India's mango paradox 10.06.2026

This week, Nepal sent Indian mango shipments back to the border after inspectors found excessive pesticide residues . A few weeks earlier, Japan had suspended all Indian mango imports after a biosecurity inspection failure at a treatment facility in Uttar Pradesh. Two bans in one season and this was before the war in Iran tripled freight costs and shut the Gulf route entirely. Mirza Ghalib, the fa...

Analysts say gas prices are about to crash. India still can't afford to celebrate 10.06.2026

India just found natural gas off the Andaman coast. The energy minister called it "an ocean of energy opportunities." Considering India's energy vulnerabilities, this is a significant find, even if commercial production is a decade away. Because in the meantime, the war on Iran has doubled LNG prices, cut off Qatar (which supplied nearly half of India's imports) and pushed India into buying six ti...

LIC has lost its throne to SIPs. It’s still the smartest investor in the room 09.06.2026

Every month, millions of Indians pay their LIC premium without a second thought. What they don't realise is that money is quietly buying up India's most beaten-down stocks — the ones foreign investors are dumping, the ones mutual funds won't touch, the ones everyone else is running from. For decades, LIC was the only institution large enough to hold Indian markets together during a sell-off. That...

NEET’s switch from pen-and-paper to computer: damned if you do, damned if you don’t 07.06.2026

Two million students. One lakh twenty thousand seats. And a paper that leaked before anyone sat down to write it. This is the second NEET leak in two years. The National Testing Agency was created specifically to prevent this. A parliamentary panel had already warned, after last year's controversy, that the NTA was too dependent on private vendors and lacked the institutional capacity to run exams...

Why Big Tech is tokenmaxxed out 04.06.2026

Amazon built a leaderboard to track how much AI its engineers were using. Employees gamed it. Costs exploded. Last week, the leaderboard was gone. Uber burned through its entire annual AI budget in four months — after telling staff to use AI "as much as possible." Microsoft cancelled most of its Claude Code licences six months after rolling them out. Three companies, the same couple months, the sa...

Google is now Andhra Pradesh's first private electricity company. You'll be paying for that 04.06.2026

Andhra Pradesh wants to be India's data centre capital. Google, Meta, and Reliance have all been promised space in Vizag. To make it work, the state did something it has never done before — handed Google its own electricity licence, letting it bypass the state grid entirely. The logic is straightforward. The consequences are not. When large consumers leave the grid, electricity gets more expensive...

The AI gold rush is over. The emperors are cashing out 02.06.2026

Anthropic raised $65 billion last week making it the largest funding round in AI history. It also filed for an IPO days later. So did OpenAI and SpaceX after its merger with xAI. Three of the most powerful AI companies in the world are heading to public markets in the same window. They're flush with capital but burning through more than they earn.  Meanwhile, the startups that were supposed to be...

Why Swiggy wants to stay out of the Flipkart-Amazon spending war 01.06.2026

Swiggy CEO Sriharsha Majety told Bloomberg in an interview last week that his company would stay out of the spending war being waged by Amazon, Flipkart, and Reliance in India's quick commerce market. He invoked the Airtel-Jio price war as a precedent, argued that chasing market share through discounts only postpones the problem, and said Swiggy has Rs 15,000 crore in the bank to play the long gam...

Inside foreign universities’ desperate attempts to woo indifferent Indians 01.06.2026

Seventeen foreign universities have set up campuses in India in two years. Most can't fill their seats. And a Rs 1,000 crore scholarship push launched last month is the most visible sign yet that something isn't working. The pitch is this: a western degree without the visa hassle, at Rs 15 to 25 lakh a year, which is roughly what Ashoka and Plaksha charge, but without the research environment or t...

India spent $33 billion trying to fix BSNL. It forgot the most important part 28.05.2026

India has pumped over $33 billion into BSNL since 2019. But the person running the company finds out every three months if they still have the job. Multiple candidates have been interviewed for the full-time position but no one has been hired yet. The finances have improved in the last two years but the telco's market position has kept sliding. And the decisions that actually matter — where to lau...

Why SIPs are not always right 27.05.2026

A mutual fund executive told our colleague something shocking: "SIPs are a problem." Part of the shock came from the fact that it  was coming from someone in an industry that was basically built on "SIP sahi hai." Now a new research paper backs up that controversial take—and the findings contradict what millions of Indian investors have been told about systematic investment plans. Turns out the ma...

Microsoft called Copilot "entertainment only." Then killed it on Xbox 26.05.2026

In 1998, a Metal Gear Solid villain named Psycho Mantis read your memory card out loud and made your controller vibrate on its own. Players were stunned. It felt like a genuine invasion. And they loved it. In 2026, Microsoft built an Xbox assistant that could do roughly the same thing. Plus some more. Track your history, read your screen, coach you through the game. Players were stunned. It felt l...

India's "family" problem 25.05.2026

From airports to cricket broadcasts, India's family conglomerates keep turning up everywhere. According to the 2024 Barclays-Hurun report, one family's wealth alone equals nearly one-tenth of everything India produces in a year. India is running a version of the economic playbook that South Korea and Indonesia once ran — protect your conglomerates and let them do the building. South Korea came thr...

District isn’t even 2% of Eternal’s business. But it’s enough to rattle Bookmyshow 24.05.2026

Bookmyshow has spent two decades building India's live events business. It organised Coldplay's India tour, controls 70% of online movie ticketing, and has long-term exclusive deals with nearly every major multiplex chain. Then Zomato launched District in August 2024. In its first full year, it quadrupled revenue, edged past Bookmyshow on app downloads, and became the exclusive ticketing partner f...

Meta fires 8,000 on a record quarter. Unacademy sells for 90% less than its peak 21.05.2026

On Wednesday, Meta began firing 8,000 people. This makes up 10% of its global workforce. The cuts started at 4am on 20 May, rolling across time zones. People found out by email. Meta's quarterly revenue that same week: $56 billion. It's capex guidance for 2026: up to $145 billion, almost all of it going into AI. This is the current trend in Big Tech: record profits, mass layoffs, redirect to machi...

Adani’s big plan to own Indian aviation: invest in everything but an airline 21.05.2026

Adani Group has spent the last decade building India's largest private airport empire. But owning nine airports turned out to be only the beginning. From aircraft maintenance to pilot training to ground handling, the group is now reaching into every corner of the aviation business. Airlines operating at Adani airports are already feeling the squeeze — on pricing, on vendor choice, on the terms of...

Meta x Oakley and an ad starring Virat Kohli say “Athletic Intelligence is here”. Is it? 20.05.2026

Virat Kohli's new Meta Oakley ad has 40 million views in two weeks — more than every other athlete in the global campaign, including the one that aired during Superbowl.  The tagline says Athletic Intelligence is here.  But the ad shows the glasses answering questions, playing music, and recording a slow-motion shot. The athletic part is mostly just Kohli. India's smart wearables market is set to...

How one merger left FIFA with no game to play in India 18.05.2026

Three weeks before the FIFA World Cup kicks off in the US, India still does not have a broadcaster for the tournament. JioStar offered $20 million. FIFA said no. Sony did not bid at all. A petition has reached the Delhi High Court asking that matches at least air on Doordarshan. The easy explanation is that FIFA got greedy.  But that does not explain how the world's biggest sporting event ends up...

What does Zoho offer as India’s new official email provider: security or Indianness? 17.05.2026

The Indian government just moved two million email accounts off NIC's servers onto Zoho's cloud.  The reason the government decided to leave behind a system it had built and run for 40 years? A list of issues; including ransomware attacks, power outages, and even a blackout on a New Year's Eve that knocked out Parliament's website. The fix was a seven-year, 200 crore rupee contract with a private...

Bollywood invented the studio model, then abandoned it. Reliance brought it back — on steroids 14.05.2026

Jio Studios is now the largest production house in India by revenue, catalogue, and box-office share. It got there fast. Stree 2, Laapataa Ladies, Dhurandhar, all Jio. The Dhurandhar franchise alone is closing in on Rs 3,000 crore worldwide. Meanwhile, Dharma, Excel, Maddock, and Bhansali have all sold significant stakes just to stay in the game. Jio simply does not need to. It has Reliance's tele...

AI did what it promised. And that's a problem for Gen Z 13.05.2026

Gen Z was supposed to be AI's most enthusiastic adopters. For a while, they were. Then the hiring froze, the jobs disappeared, and the tools got good enough to make the question uncomfortably personal. Excitement about AI among Gen Z is down 15% since last year. Anger is up 9%. But the more interesting story isn't the sentiment shift — it's what's happening underneath it. Writing skills degrading...

The jet fuel crisis is only the most convenient explanation for what’s happening to Air India 12.05.2026

Air India’s board met in Mumbai last week to discuss cost cuts, CEO succession, and whether to start charging business class passengers separately for meals and lounge access. The airline is projecting losses exceeding ₹22,000 crore for the financial year just ended, nearly double the year before. Campbell Wilson is stepping down as CEO. International flights are being cut by over 20%. Jet fuel co...

Meta to get the world’s longest internet cable to India. It’s 100% exposed 11.05.2026

On a Wednesday morning in April, The Ken's Mrunmayee Kulkarni went to Rushikonda beach in Visakhapatnam looking for a manhole. She found it — a concrete chamber with a reinforced lid, no armed guard, no exclusion zone, no legal protection. In a few years, it will be one of the landing points for the world's longest undersea cable. 95% of India's internet — every payment, every message, a $341 bill...

Maruti, Tata are caught between conflict, EV delays, and emission rules. They found an unlikely fix 10.05.2026

India's carmakers are staring down a deadline.  In less than a year, new emission norms will require them to dramatically cut their carbon output — or pay hundreds of millions of dollars in fines. Electric vehicles were supposed to be the answer. But the batteries aren't ready, the infrastructure isn't there, and adoption has been slower than anyone predicted. So the industry has quietly pivoted t...

This startup ranked AI models. They all landed in the danger zone 07.05.2026

India's best AI models are confidently wrong. Not occasionally — structurally. If you put two unrelated ideas into a prompt, the model will usually invent a connection rather than admit that none exists. In this piece, The Ken's Debanjali Biswas traces what a five-month study of leading AI models — from OpenAI, Anthropic, and Google — actually found about how they reason. The results landed almost...

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