Billion-Dollar Trade Blues


THE CHAI BRIEF

India’s business, tech, and political news — packed into 5 minutes or less. No fluff, just the stuff that matters.

Read more from THE CHAI BRIEF

Good morning. Imagine cybercrime meets medieval torture: Indians duped by "dream jobs" in Myanmar face a grim reality—sold for $5,000, forced to run crypto scams, and punished with nail-pulling for missing quotas. It’s *LinkedIn* meets *Saw*, where recruiters trade tech skills like Pokémon cards. As scams go global, this dystopian gig economy shows why swiping right on overseas “opportunities” might leave you scrolling through hell. MARKET ▼ SENSEX 83216.28 -0.11% ▼ NIFTY 50 25492.3 -0.07% ▼...

Good morning. In a plot twist fit for political theater, Bihar’s roadside VVPAT slips turned out to be mock ballot debris, not voter fraud confetti. While officials suspended a presiding officer for botching the paperwork cleanup, the Election Commission assured everyone that the real votes are safer than a magician’s secret. Cue opposition demands: “Encore investigation, please!” MARKET ▼ SENSEX 83216.28 -0.11% ▼ NIFTY 50 25492.3 -0.07% ▼ NASDAQ 23004.537 -0.21% ▲ USD to INR 88.66 0.01% ▲...

Good morning. Singtel is selling a sliver of its Bharti Airtel stake—just 0.8% for ₹10,300 crore—like downsizing from a bucket of popcorn to a large soda but keeping prime cinema seats. The move funds data centers and infrastructure bets, hinting they’re prepping for India’s 5G marathon. Shares wobbled, but analysts say it’s less "exit strategy," more "strategic snack break." MARKET ▼ SENSEX 83311.01 -0.18% ▼ NIFTY 50 25509.7 -0.34% ▼ NASDAQ 23053.992 -1.90% ▲ USD to INR 88.648 0.00% ▲ Asian...