The Morning Brief

India has opened insurance to 100% foreign ownership. But Sun Life CEO Kevin Strain says ownership is less important than building the right business—and that the company currently works better alongside the Aditya Birla Group than alone. In this conversation from the Economic Times World Leaders Forum, Strain explains to ET’s banking editor Sangita Mehta why Sun Life’s India insurance business is growing 25% annually, where its $100-billion asset manager goes next, and how private credit and infrastructure could power its expansion. He also discusses bancassurance, AI’s inability to replace empathy, and a stark longevity challenge: 40 working years may now need to finance 40 years of retirement.Listen inYou can follow Sangita Mehta on her social media: Twitter and LinkedinCheck out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Every morning in Mahim, Vijay Raut sold cutting chai to taxi drivers, construction workers and bank staff, until the BMC's pavement drive took away his stall. Now he serves from a flask. He's not alone: across Mumbai, Bengaluru and Thiruvananthapuram, street vendors are caught between clean-city drives and a system that never gave them secure space. In this episode, we look at India's Rs 8,000 crore-a-day street food economy, the real hygiene risks, why regulation without infrastructure backfires, and what Singapore's hawker centres might teach us about keeping street food safe and visible. Lijee Philip and Nirmal John report, Anirban Chowdhury narrates for audioSee omnystudio.com/listener for privacy information.

Volkswagen is one of the world’s largest carmakers, yet has less than 2% of India’s passenger vehicle market. Its proposed partnership with JSW could mark a striking reversal: JSW may own 51% of the venture, leaving the German giant as the junior partner. Anirban Chowdhury speaks to ET’s Arijit Barman and Shally Seth Mohile about what each side gains, why JSW wants European technology alongside its Chinese partnerships, and whether the deal can accelerate Volkswagen’s painfully slow India journey. They also examine JSW’s audacious automotive ambitions—and the risk that its three ventures could eventually compete with one another.Listen inYou can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

UPI is no longer entirely free. From October 15, merchant payments above ₹2,000 will attract a 0.4% MDR, while smaller transactions and person-to-person transfers remain exempt. But if merchants cannot surcharge customers directly, where does that cost go? IIT Bombay’s Professor Ashish Das tells The Morning Brief why businesses may quietly fold it into prices, forcing small-ticket shoppers to subsidise larger purchases. He also explains why online platforms are different, whether high-value payments could drift back to cash, and the policy question: should UPI be treated as commercial infrastructure—or as a public good funded by the government?See omnystudio.com/listener for privacy information.

The multinational is giving way to the multi-local, as tariffs, geopolitics and supply-chain risk force companies to rebuild around regional roots rather than one global blueprint. In the latest Corner Office Conversation from The Economic Times World Leaders Forum Bain & Company Global Chairman Manny Maceda tells Anirban Chowdhury what this fragmentation means for India's shot at becoming the world's factory, why AI's payoff still eludes most companies deploying it, and whether costlier capital is quietly forcing private equity to build better businesses instead of just cheaper deals. He closes with a leadership lesson for this moment: companies that lose their talent will eventually lose their customers too. Listen inYou can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Chhattisgarh has declared an end to armed Maoism in Bastar, but the ground reality is far more complicated than a deadline. Over 1,000 surrendered cadres remain in rehabilitation centres while 1,800 others have already returned to their villages — some welcomed, others met with deep, unhealed anger. In this episode, based on Shantanu Nandan Sharma's on-ground reporting, we travel through Sukma's former conflict zones, from a courtyard once used for Maoist gatherings to a café run by surrendered women fighters, to understand what genuine reintegration looks like in a region reshaped by decades of insurgency, loss, and fragile hope.Anirban Chowdhury narrates for audioSee omnystudio.com/listener for privacy information.

HDFC Bank's Shashidhar Jagdishan is stepping down, Kotak Mahindra is searching for Ashok Vaswani's successor, and ICICI's Sandeep Bakshi has taken just a two-year extension. In this episode, Anirban Chowdhury talks to ET's Banking Editor Sangita Mehta about the wave of CEO exits hitting India's biggest banks through 2028, what really went wrong at HDFC, whether Deputy MD Kaizad Bharucha can take over given RBI's 15-year board cap, and why RBI's tenure and age rules may be quietly ending the era of the long-serving Indian bank CEO.See omnystudio.com/listener for privacy information.

AI is reshaping how businesses work, but the biggest shift may be how humans and technology work together. At The Economic Times World Leaders Forum, Nigel Vaz, CEO, Publicis Sapient, joins Dia Rekhi to break down the “Iron Man” approach to AI, why enterprises need to reimagine how work gets done, and where agentic AI can create real business value.Listen InYou can follow Dia Rekhi on social media: Linkedin & X Check out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

India’s latest GDP estimate shows the economy growing at 7.8%. Rajeswari Sengupta, associate professor of economics at the Indira Gandhi Institute of Development Research is unconvinced. She tells Anirban Chowdhury why weak job creation, subdued investment, falling import volumes and an unresponsive stock market sit uneasily beside the headline number. She also explains why a low GDP deflator is economically logical, how double deflation is supposed to improve measurement, and why India’s new producer price indices raise questions. The government may have corrected important weaknesses in the earlier GDP series. But without detailed sources, methods and historical comparisons, Sengupta argues, economists cannot independently establish what changed—or whether the new number is credible.See omnystudio.com/listener for privacy information.

ET opens its World Leaders Forum podcast series with Anu Aiyengar, global chair of investment banking, J.P.Morgan. In conversation with Anirban Chowdhury, she explains why uncertainty is driving—not deterring—big-ticket deals, and why companies are buying scale, stability and resilience. She examines the risks posed by rising yields, inflation and oil, the curious leeway investors are giving AI spending, and how automation is reshaping entry-level investment-banking work. Aiyengar also makes the case for India as an under-owned market and reveals her contrarian bets on old-economy businesses, healthcare and cross-border dealmaking over the next five years.See omnystudio.com/listener for privacy information.

Climate change is making extreme weather more frequent and unpredictable. But are we making its consequences worse? Across the Himalayas and the Western Ghats, glaciers are collapsing, rainfall patterns are shifting and landslides and flash floods are becoming increasingly destructive. At the same time, roads, hotels, hydropower projects and settlements are pushing deeper into fragile landscapes. Reported by Alenjith K Johny, narrated by Anirban ChowdhurySee omnystudio.com/listener for privacy information.

What does one of India’s original venture capitalists see coming next? Accel’s Subrata Mitra speaks to Anirban Chowdhury about a funding market moving from exuberance to discipline—and an AI boom whose economics remain deeply uncertain. He explains why India cannot fight a trillion-dollar foundational-model battle with a fraction of that capital, and where its more credible opportunities lie. The conversation explores Accel’s interest in AI-enabled services, deeptech, spacetech and advanced manufacturing, the logic behind keeping funds relatively small, and the long process of developing investors. Mitra also shares lessons from failure, reinvention and the unpredictable journeys of successful founders.Listen In You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like -Sarvam AI on NVIDIA's Investment, Voice AI Economics, and India's AI Strategy, Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more.Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

HDFC Bank is staring at an unusual leadership vacuum. CEO Sashidhar Jagdishan is set to leave in October, even as India’s largest private sector bank grapples with slowing profit growth, squeezed margins and the lingering impact of its mega merger with HDFC Ltd. Who could take over — internal heavyweight Kaizad Bharucha or an outsider? And can a successor even be found in time? Anirban Chowdhury speaks to ET’s banking editor Sangita Mehta about the names in contention, a wider leadership crunch across Indian banking, what has gone wrong with HDFC Bank’s financial engine, and the challenges awaiting its next chief.Listen inYou can follow Anirban Chowdhury on his social media: X and LinkedinYou can follow Sangita Mehta on her social media: Twitter and Linkedin Check out other interesting episodes like India’s Costly Crude Problem Who Must File Their ITR by August 31?-Sarvam AI on NVIDIA's Investment, Voice AI Economics, and India's AI Strategy, Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more.Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Subhash Chandra’s latest insolvency battle has produced a startling equation: ₹22,006 crore in admitted claims against just ₹6.25 crore for creditors. But the headline hides a more complicated story. These claims largely arise from personal guarantees for corporate borrowings, even as major lenders question the repayment plan, creditor voting and what happened to Chandra’s once-vast personal wealth. Meanwhile, Zee is rebuilding after the collapse of its Sony merger, and its promoters are seeking to increase their stake again. Anirban Chowdhury talks to Shiram Subramanian, founder and MD of InGovern about the Essel debt crisis, the controversial NCLT order and what a promoter’s personal guarantee is really worth.See omnystudio.com/listener for privacy information.

ET’s Swathi Moorthy cannot code. Yet she has built four web applications using AI. That is the seductive promise of vibe coding: describe what you want and let the machine build it. The reality involves muddled prompts, unreliable advice, stubborn bugs, confusing backends, hosting headaches and subscription bills. In this episode, Moorthy joins Anirban Chowdhury to explain how a non-coder can create and publish an app, which tools make it easiest, and where human expertise remains indispensable. It is a candid account of what AI has democratised and what it still cannot do on its own for ordinary aspiring app builders.Listen inYou can follow Anirban Chowdhury on his social media: X and Linkedin Check out other interesting episodes like India’s Costly Crude Problem Who Must File Their ITR by August 31?-Sarvam AI on NVIDIA's Investment, Voice AI Economics, and India's AI Strategy, Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more.Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Trilegal began as an outsider in a legal industry dominated by closely held, family-run firms. More than two decades later, it has become one of India’s largest law firms—and part of the establishment it once challenged. Partners Nishant Parikh and Sridhar Gorthi talk to ET’s Vinod Mahanta and Maulik Vyas about the model behind that rise, the founder-rainmaker trap holding back midsized firms, competition from global firms and the Big Four, and why AI could reshape both fees and the traditional associate pyramid. They also confront two deeper questions: whether elite credentials still determine who enters corporate law, and whether Trilegal’s founders can truly surrender power when success arrives.Tune inYou can follow Maulik Vyas on his social media X and Linkedin You can follow Vinod Mahanta on his social media: X and LinkedinCheck out other interesting episodes like India’s Costly Crude Problem Who Must File Their ITR by August 31?-Sarvam AI on NVIDIA's Investment, Voice AI Economics, and India's AI Strategy, Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more.Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Love can arrive at any age. But when it arrives after 60, it often comes with decades of accumulated wealth, grown-up children and expectations about inheritance. As more Indians seek companionship, remarry or choose live-in relationships later in life, families are confronting difficult questions around homes, wills, trusts and succession. Based on Lijee Philip’s report, this episode explores India’s emerging world of silver romance—and the financial negotiations that accompany it. Can older Indians build a new life without unsettling the families and fortunes built in the old one? And can love and inheritance peacefully coexist? Lijee Philp reports, Anirban Chowdhury narrates.See omnystudio.com/listener for privacy information.

Brent above $90 doesn’t tell the full story of India’s oil bill. Tight physical supplies have pushed some Gulf crude to a hefty premium, while the Russian discounts that helped Indian refiners after the Ukraine war have largely vanished. Disruptions in West Asia have also forced India to source more oil from farther-flung suppliers, adding freight costs. Anirban Chowdhury speaks to ICRA’s, senior VP and Co-Group Chair Prashant Vasisht about why the physical crude market has diverged from benchmark prices, what it means for refinery and marketing margins, whether consumers could eventually feel the pain, and what could bring India’s crude costs down. Listen inSee omnystudio.com/listener for privacy information.

India’s tax calendar looks different this year. While most salaried taxpayers wrapped up their returns by July 31, taxpayers with certain business or professional income have until August 31. But who exactly qualifies? What happens if you earn a salary alongside income from F&O trading, consulting, freelancing or content creation? Which ITR should you file, and how is F&O turnover calculated? In this episode of The Morning Brief, ET Wealth’s Preeti K talks to with Aarti Raote, Partner, Deloitte about ITR-3 versus ITR-4, presumptive taxation, reconciling AIS and brokerage statements, and the expensive mistakes taxpayers should avoid before the deadline. Listen in.See omnystudio.com/listener for privacy information.

For Indian professionals chasing a US green card, even the fast lane is getting harder. Approval rates for EB-1A — the category reserved for people with extraordinary ability — have fallen sharply, from 49% to 35% in a year. That compounds an already punishing green-card backlog for Indians on H-1B visas, many of whom face waits stretching decades. So what is driving the tougher scrutiny? Can legal challenges change the trajectory? And are Canada, the UK or the investment-linked EB-5 route credible alternatives? On The Morning Brief Swathi Moorthy joins Anirban Chowdhury to unpack America’s tightening immigration maze.See omnystudio.com/listener for privacy information.

For 75 days, an Indian oil tanker captain and his 23-member crew were stranded in the Strait of Hormuz as war raged around them. Missiles flew overhead. Explosions shook the ship. Supplies dwindled, families waited anxiously and the crew faced pressure to carry out a risky cargo transfer. Through it all, the tanker remained loaded with 110,000 tonnes of cargo. This episode is a first-hand account of life aboard a merchant vessel caught in a conflict it had no part in — and of the seafarers who keep global trade moving while remaining largely invisible, unarmed and vulnerable.Raman Kapoor’s first person account, narrated by Anirban ChowdhurySee omnystudio.com/listener for privacy information.

N Chandrasekaran’s decision not to seek another term as Tata Sons chairman brings an extraordinary year of tensions inside the Tata Group to a head. Behind the succession question lies a deeper struggle over how Tata Trusts exercises control over Tata Sons, how much capital the group should commit to businesses such as Air India, digital and semiconductors, whether Tata Sons should remain private, and how the Shapoorji Pallonji Group gets liquidity from its stake. Anirban Chowdhury speaks to governance experts Amit Tandon, founder and MD IiAS and Shriram Subramanian, founder and MD, InGovern about what Chandra leaves behind and the problems awaiting Tata’s next chairman. Listen in You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Sarvam AI began with an ambitious proposition: build foundational AI models in India. It must now prove that those models can support a viable business. Co-founder Pratyush Kumar explains to Himanshi Lohchab the company’s expansion into compute, inference, customised models and enterprise applications, while Peak XV Partners MD Rajan Anandan lays out the investment case. They discuss NVIDIA’s backing, the economics of voice AI, Sarvam’s enterprise adoption and why specialised models could be cheaper than global frontier systems. The conversation also confronts the capital required to remain competitive, India’s weak R&D spending and the central question facing Sarvam: can technical capability translate into durable revenue?Tune in.You can follow Himanshi Lohchab on her social media: X and Linkedin Check out other interesting episodes like - Cognizant’s Surya Gummadi on How AI Can Deliver Returns, The Future of Insurance in India | Sarbvir Singh of PB Fintech, Groww’s ₹6,600 Cr Leap - Fintech’s Big Market Test Begins , OML CEO on the Creator Economy’s Next Wave & much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Indian exporters are facing a fresh shipping squeeze. Congestion at major transhipment hubs such as Singapore and Colombo is delaying cargo, disrupting schedules and pushing up costs, just as global trade routes are being reshaped by geopolitical tensions and shifting freight demand. But the disruption exposes a deeper weakness in India’s export infrastructure. Despite its vast coastline — and the arrival of the Vizhinjam transhipment port — much of India’s cargo still relies on overseas hubs before heading to global markets. Anirban Chowdhury speaks to ET’s Twesh Mishra about what’s causing the jam, what exporters are losing, and whether India can finally bring its transhipment business home.See omnystudio.com/listener for privacy information.

LinkedIn CEO Dan Shapero says the platform’s data points to a more complicated story. In this Corner Office Conversation, Shapero joins Anirban Chowdhury and Dia Rekhi to discuss why hiring has slowed, how AI is rewriting skills, and why India is seeing a surge in AI roles, R&D hiring and new founders. He also explains LinkedIn’s fast-growing AI Hiring Assistant, the possibility of recruiters’ AI agents talking to jobseekers’ agents, the platform’s crackdown on “AI slop,” and why LinkedIn wants to remain a trusted professional network.You can follow Anirban Chowdhury on his social media: X and Linkedin You can follow Dia Rekhi on social media: Linkedin & X Check out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. See omnystudio.com/listener for privacy information.

India’s humble autorickshaw is getting its biggest reinvention in decades. Electric three-wheelers are surging because the economics work: lower running costs, less maintenance and better predictability for drivers and fleets. But the real disruption goes deeper. As Bajaj Auto defends its turf and Mahindra, TVS and others push harder, competition is shifting from price and mileage to range, comfort, software, financing, service and uptime. Lijee Philip reports, Anirban Chowdhury narrates how electrification is rewriting the rules of India’s three-wheeler industry—and why the winners may be those who rethink the autorickshaw itself.See omnystudio.com/listener for privacy information.

In this candid interview, ET's tech editor Surabhi Agarwal and Subhayan Chakraborty sit down with India's IT Secretary to discuss ISM 2.0, the government's $13 billion second phase of the India Semiconductor Mission. He breaks down lessons from ISM 1.0's 12 approved projects, the new market-linked funding model for chip design startups, and why silicon fabs now get differentiated incentives over other packaging units. The conversation also covers the government's approach to regulating social media platforms under the IT Act, recent friction with Meta and X over content takedowns, and where India stands in the intensifying global AI race between the US and China. Listen in You can follow Surabhi Agarwal on her Linkedin, X profiles and read her Newspaper Articles. See omnystudio.com/listener for privacy information.

Prashant Kishor has spent years shaping election victories for others. Now, he has delivered one of his own. In this episode of The Morning Brief, Nidhi Sharma speaks with Economic Times’ Kumar Anshuman to unpack Jan Suraaj Party’s stunning victory in Bankipur, a BJP bastion for more than three decades. How did Kishor engineer a massive electoral swing just months after his party failed to win a single Assembly seat? What does this upset reveal about the BJP’s vulnerabilities, the RJD’s shrinking space, and the changing political mood in Bihar? And should this bypoll be seen as an anomaly—or an early warning?See omnystudio.com/listener for privacy information.

In the second part of the series, Ratna Bhushan, ET's FMCG Editor, brings in two industry voices to dissect the impact of FSSAI and Maharashtra FDA's crackdowns. Anjan Chatterjee, founder of Speciality Restaurants, argues surprise audits are overdue but says license suspension should be a last resort, not a first response. Ashwin Bhadri, founder of Equinox Labs, backs the enforcement push while calling for improvement notices before suspensions, faster novel-ingredient approvals, and mandatory food-safety education in schools. With the Cricket Club of India already in Bombay High Court challenging its suspension, and more legal disputes brewing, this episode asks: can India's food and drink industry clean up fast enough, without the crackdown becoming counterproductive? Listen in:You can follow Ratna Bhushan on her social media: Twitter and Linkedin. Link to Part 1 https://m.economictimes.com/news/morning-brief-podcast/morning-brief-podcast-no-place-to-hide-inside-maharashtras-food-drug-crackdown-part-1/podcast/132753100.cms Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

AI adoption is soaring, but where are the financial returns? Surya Gummadi, President, Americas at Cognizant, argues that enterprises are consuming tokens without always choosing the right use cases. He joins Anirban Chowdhury to explain why companies remain trapped in pilot mode and what it takes to scale AI successfully. Gummadi discusses the coming transformation of coding, testing, talent models and IT contracts; Cognizant’s approach to acquisitions; the evolution of GCCs; and AI’s potential in healthcare. He also reveals how Cognizant used context agents to identify $200 million in new opportunities within three to four months. Listen in:You can follow Anirban Chowdhury on his social media: X and LinkedinCatch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Private equity is expanding into India’s K-12 school sector, following the same playbook it used to reshape private hospitals. Since Indian schools must legally operate as not-for-profit trusts, PE firms like KKR, Blackstone, and Kedaara invest indirectly through separate for-profit “OpCo” service companies that charge trusts for management, infrastructure, and operations—mirroring hospital structures. The appeal: predictable, long-term cash flow from families who rarely withdraw children mid-cycle, rising fees, and unmet demand for quality private education. Regulatory hurdles, fee caps, and mandated free seats for low-income students complicate profitability. Unlike hospitals, no major PE-backed education platform has yet achieved a successful exit, leaving the model’s long-term viability untested. Alenjith K Johny and Mohit Bhalla report; Anirban Chowdhury narrates for audio. You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Since late May 2026, Maharashtra has been in the middle of one of its most aggressive food and drug enforcement drives in years — adulterated prasad seized near Shirdi, synthetic milk units shut down, the license of Mumbai’s Parsi Dairy Farm suspended, hospitals pulled up for forcing patients to buy from in-house pharmacies, and over 1,100 raids conducted statewide in just two months. The trigger: a widening gap between food safety standards on paper and enforcement on the ground, rising antimicrobial resistance from unchecked antibiotic sales, and a regulator willing to finally use the full force of the law. This is the first of a two-part series on that crackdown. In this episode, ET’s pharma editor Vikas Dandekar speaks to the man driving it: Tukaram Mundhe, Commissioner of Maharashtra FDA. A 2005-batch IAS officer transferred 25 times in 21 years, Mundhe is known for his uncompromising style. They discuss what’s fueling the crackdown, whether it can survive political pressure, and if this enforcement is sustainable. Listen inSee omnystudio.com/listener for privacy information.

In this conversation with ET's editor technology Surabhi Agarwal, Google Cloud CEO Thomas Kurian discusses the company's expanding footprint in India, including bringing Gemini Flash 3.5 and Gemini Enterprise to sovereign infrastructure, and scaling local engineering talent through forward-deployed teams and partnerships like Mission Karmayogi. Kurian addresses the $15 billion investment with Adani and Airtel, India's growing role as an AI export hub, and ambitions around server manufacturing. He also weighs in on sovereign AI becoming a global norm, Google Cloud's $460 billion order backlog, competition with AI-native challengers, and how the company plans to strengthen its position against larger rivals like Microsoft and Amazon. Listen inSee omnystudio.com/listener for privacy information.

We look back at the Jantar Mantar protests through the lens of media, technology and youth agency. What began as a Chief Justice’s jibe calling unemployed young Indians “cockroaches” turned into a movement that forced a Union minister’s resignation — powered by satire, memes and a 26-day hunger strike, and a social media following that outgrew the ruling party’s own. As the government rolls out fast-track courts, a tougher anti-cheating law and a Nilekani-led task force, the question is whether this marks a genuine break from the past or a repeat of 2024 — when a similar paper leak led to the Radhakrishnan committee's 101 recommendations, many of which remain only partially implemented two years on. Anirban Chowdhury speaks to Dr Anindya Kundu, sociologist, best-selling writer, Assistant Professor at Florida International University, Dr Usha Raman, former professor, Dept of Communication, University of Hyderabad and ET’s Anubhuti Vishnoi on virality, power, protest and reforms.See omnystudio.com/listener for privacy information.

For decades, Northeast India was seen mainly as a corridor for drugs flowing out of Myanmar’s Golden Triangle. That has changed. The transit route is becoming a destination. In this episode of ET Deep Dive, we travel to the Assam–Arunachal Pradesh border, speaking to recovering heroin users, anti-drug volunteers and communities confronting a crisis that is quietly tearing families apart. From schoolchildren drawn into addiction to tribal justice systems stepping in where institutions struggle, this is a story of shifting narcotics networks, broken lives, and remarkable resilience. The battle against drugs is no longer only at the border— it is inside homes.Shantanu Nandan Sharma reports, Anirban Chowdhury narrates for audio.See omnystudio.com/listener for privacy information.

Glenmark Chairman and Managing Director Glen Saldanha joins Vikas Dandekar and Rica Bhattacharyya to discuss the company’s 25-year innovation bet, and why it’s finally paying off. At the center is ISB2001, a tri-specific antibody partnered with AbbVie, born out of Glenmark’s IGI platform after fifteen years of R&D. Saldanha talks through the platform’s pipeline, why Glenmark stays out of ADCs and CAR-T, how it’s building “Glenmark 3.0” across oncology, dermatology and respiratory, and why he still rates the US well ahead of China on innovation. The conversation also covers India’s licensing deals with Chinese biotechs, AI in drug discovery, and the GLP-1 market. Listen in You can follow Vikas Dandekar on his social media: X or Linkedin and Rica Bhattacharyya on her X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

ISRO is losing people faster than it can hire them. Around 100 scientists and engineers have resigned or taken voluntary retirement recently, with the bulk of the exits from URSC, ISRO's satellite hub, and VSSC, its rocket-making centre. More worryingly, the agency's on-roll strength is now lower than it was in 2001-02, even as its workload has multiplied with Gaganyaan, Chandrayaan-4 and-5, and Venus and Mars missions on the table. TOI's Chethan Kumar, who broke both stories, joins Anirban Chowdhury to unpack what's really driving the attrition, why the private space boom is only part of the story, and what it means for India's space ambitions.You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

On the first day of Parliament’s Monsoon Session, two very different upheavals converged in Delhi. Outside Parliament, young protesters demanding accountability over examination failures faced barricades, detentions and police force. Inside the political establishment, the BJP was pursuing a quieter but equally consequential project: building the numbers needed to reshape India’s constitutional and electoral future. One conflict is being fought through slogans, crowds and public anger. The other through alliances, arithmetic and long-term strategy. Anirban Chowdhury speaks to Jatin Takkar and Pratishtha Bagai to examine the pressures confronting the government and ask whether India’s future will be shaped by the unrest on its streets or the numbers inside Parliament. You can follow Anirban Chowdhury on his social media: X and LinkedinCatch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

India’s insurance industry is changing faster than ever. New regulations, 100% FDI, AI-powered underwriting, rising medical inflation and Policybazaar’s expansion into healthcare through PB Health are reshaping how Indians will buy—and use—insurance. In this episode of The Morning Brief, ET’s Anirban Chowdhury speaks with Sarbvir Singh, Joint Group CEO of PB Fintech, on why India remains underinsured, how health insurance is evolving, whether claims can become less painful, the future of retirement planning, and the biggest reforms set to transform the sector over the next five yearsSee omnystudio.com/listener for privacy information.

Indian IT built its empire on one formula: throw armies of low-cost engineers at repeatable work, and scale relentlessly. That formula survived Y2K, the dot-com crash, and cloud computing. But AI attacks the model’s foundation itself — the cheap, standardized labor that made the industry’s pyramid structure work. In this episode, we trace how Indian IT industrialized itself, why its biggest strength is now becoming a liability, and what happens when top AI talent refuses to work inside rigid, hierarchical systems. We hear from industry analysts and former CEOs on whether IT giants can rebuild their culture fast enough — or whether this disruption is one wave they can’t ride out. Jochelle Mendonca reports, Anirban Chowdhury narrates for audio.See omnystudio.com/listener for privacy information.

Virat Kohli's slick Oakley Meta ad made smart glasses look effortless. But behind the "Hey Meta" voice commands lies a growing privacy crisis. From Nairobi outsourcing workers reviewing graphic footage to women being filmed without consent on beaches and in stairwells, the harms are real and disproportionately gendered. Host Dia Rekhi talks to Dr Milica Stilinovic, Postdoctoral Research Associate at the University of Sydney, and ET's tech expert Suraksha P, who break down how these devices erode democratic privacy norms, Meta's controversial pilot with the Gujarat government to aid visually impaired citizens, and why experts call it closer to coerced consent than genuine choice.You can follow Dia Rekhi on social media: Linkedin & XCheck out other interesting episodes like: Why Every Influencer Has a Lawyer on Speed Dial, ET Deep Dive: The Water in the Vial, Corn Man: The Man Who Quietly Cornered Half of India's Popcorn Market, ET Deep Dive:The DNA Fix and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.Credits: Oakley | Meta, Meta Glasses, CBS19, FRANCE 24 EnglishSee omnystudio.com/listener for privacy information.

India rolled out E20 ethanol petrol five years ahead of schedule, and consumer complaints followed just as fast: mileage drops, rusted tanks, replaced parts. But how much of that is the fuel, and how much is old fuel systems never built for it? Government and industry voices point to savings, farmer income, and lower emissions; consumers point to unchanged prices and vague warranty coverage. Neither side fully answers the other. What's missing is clarity: who tested what, who pays when parts fail, and whether the timeline moved faster than the safeguards meant to accompany it. In this episode of The Morning Brief, ET's energy and auto experts Kalpana Pathak and Shally Seth Mohile speak to Randheer Singh, former Director at NITI Aayog and CEO of ForeSee Advisors and Bharati Balaji, Deputy Director General of the All India Distillers Association about the concerns, economics, trade-offs and future of India's ethanol programme.|You can follow Kalpana Pathak on her social media: Linkedin and XYou can follow Shally Seth Mohile on her social media Linkedin and XCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more.Credits@The24hrsPolitics @carki.kakshaMO@supppulkit@motoroctane@shubhamgaur09@ackodrive@TheHinduOfficialCNN-News18CNN-News18@abpmajhatvCNBC-TV18Bks.ofc.@aryakintelligence@BusinessToday@moneycontrol@cnnnews18Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

When a recommendation system pushes child sexual abuse material to a user, who answers for it: the algorithm or the company behind it? Host Anirban Chowdhury speaks with Supreme Court of India lawyer Sajan Poovayya, who breaks down India's evolving liability framework for platforms, from the strict liability standard around CSAM ( Child Sexual Abuse Material) to the tricky question of proving corporate intent through POCSO, the IT Act and the Bharatiya Nyaya Sanhita. He unpacks the Supreme Court's take on constructive possession, why safe harbor may not apply when engagement-driven design pushes harmful content, and how India's dark pattern penalties could offer a blueprint for regulating platform accountability.You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like: Mythos Blocked: When AI Becomes a Weapon of State, India wants manufacturing at 25% of GDP — will AI in factories help?, The Gold That Wasn't There: Inside SEBI's Case Against Rajesh Exports, Hills of Brew, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Gold has always been India’s emotional anchor — heirlooms passed down for weddings, festivals, and hard times. But soaring prices are rewriting that relationship. This episode looks at why Gen Z and millennials are increasingly selling or exchanging inherited jewellery: a Mumbai couple who funded their first home, a Bengaluru banker who redirected proceeds into equities, a family that turned gold into a son’s US master’s degree and his father’s new business. We unpack the data behind the shift — jewellery demand falling as investment demand in bars and coins rises — and ask who really benefits when old gold gets recycled: the customer, or the jeweller.Lijee Philip and Shantanu Nandan Sharma report, Anirban Chowdhury narrates.See omnystudio.com/listener for privacy information.

Influencer marketing has exploded into a serious revenue stream, but legal awareness hasn't kept pace. Hosts Anirban Chowdhury and Rajesh N Naidu speak to Ishan Johri, Partner, Khaitan & Co, who breaks down who actually bears responsibility when a promotional post goes wrong: the brand, the influencer, or the agency in between. He explains why disclosing a free product matters just as much as disclosing a cash payment, why beauty and health content attracts the most legal complaints, and how SEBI is cracking down on unqualified finfluencers. From copyright grey zones to what a legal notice actually looks like, this is a masterclass in the risks creators overlook.See omnystudio.com/listener for privacy information.

Foreign capital is back in India — but not the way it used to be. In June, overseas funds poured a record Rs 41,773 crore into Indian government debt, even as they pulled nearly Rs 49,340 crore out of equities. What's driving this split? A stabilising rupee, tax breaks on bond returns, and hopes that India will finally enter Bloomberg's global bond index. But risks remain — a hawkish Fed, a deferred index decision, or weak Q1 earnings could change everything fast. ET's Rozebud Gonsalves breaks down what this debt-versus-equity divide really means for India's markets and the rupee. You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Five young mothers in Kota died within twelve days after a routine oxytocin shot. The vials meant to stop bleeding after childbirth had no drug in them at all, just water. What followed was an investigation that tore open a Punjab manufacturer's records: fabricated test data, tampered machines, missing safety checks, and a company that had been ordered to stop production three years ago and simply ignored it. Reported by Teena Thacker narrated by Anirban Chowdhury this epiosde traces the deaths, the daily-wage families left behind, and how a tiny, poorly regulated oxytocin market let a repeat offender keep supplying hospitals until it turned fatal.Listen in.You can follow Anirban Chowdhury on his social media: X and Linkedin and follow Teena Thacker on X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

The Indian government has issued a notice to Meta over WhatsApp’s planned username feature, warning that it could fuel impersonation and online fraud. Meta maintains usernames are a privacy feature designed to let users connect without sharing phone numbers. But the dispute runs much deeper. In this episode, host Anirban Chowdhury talks to Apar Gupta, co-founder, Internet Freedom Foundation about the government’s concerns, Meta’s response, the first-originator rule, end-to-end encryption, the limits of India’s IT Rules and DPDP Act, and why the bigger question is whether governments will ever lead—rather than merely react to—the future of digital identity.You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.

Europe's latest heatwave is expected to leave behind a staggering human toll. But beyond the immediate crisis, it is raising a broader question: are countries prepared for a world where extreme heat becomes routine? While much of the conversation around climate change focuses on emissions, a parallel challenge is emerging around adaptation. From city design and public health systems to early warning mechanisms and heat action plans, governments are being forced to rethink how they prepare for rising temperatures.In this episode of The Morning Brief, Anirban Chowdhury sits down with Karsten Haustein, a Research Scientist at Leipzig University, and Vishwas Chitale, Chairman of the GHHIN South Asia Heat Health Hub. Together, they discuss the science behind Europe's heatwave, why humidity and warm nights are making heat more dangerous, and what lessons other countries can learn from India's growing experience in managing extreme heat."You can follow Anirban Chowdhury on his social media: X and LinkedinCheck out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. See omnystudio.com/listener for privacy information.

India’s startup ecosystem is sending mixed signals. Funding deals are at a decade low, yet tech IPOs are breaking records. Investors are writing bigger cheques but backing fewer companies, while deep tech, AI and space tech are quietly reshaping the next phase of innovation. Host Anirban Chowdhury talks to Tracxn co-founder Neha Singh about what the data really reveals: why average deal sizes have doubled, whether the era of growth-at-all-costs is over, why India’s AI funding still lags global peers despite its talent pool, and what founders, investors and policymakers should watch as the country’s startup ecosystem enters a more disciplined phase.Listen in:See omnystudio.com/listener for privacy information.

One in two popcorn kernels eaten in India comes from one man's farms. He built the crop from nothing, the processing plant that rivals anything in North America, and a farmer network no competitor can crack. When COVID killed every client overnight, most founders would have cut and run. He doubled his acreage. He has 50Xed his revenue in 5 years, build a moat few can crack and plans to now indigenise other crops and commodities like oats and palm oil with host Anirban Chowdhury.You can follow Anirban Chowdhury on his social media: X and Linkedin Check out other interesting episodes like:ET Deep Dive: Swipe Left on Reality,India wants manufacturing at 25% of GDP — will AI in factories help?, Tanay Kothari Wants To Kill The Keyboard, From Doer to Director: The LinkedIn Playbook for the AI Agea, Semaglutide Goes Generic: Big Pharma’s Moat Breaks and much more. Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.