Over the last year, NFT has been praised as a tool for revolutionizing the entertainment, music, and gaming industries. Indians have participated in this technology to see if it is an insane attempt to become a crucial component of the digital age for the future? or is it just a passing fad? We decode whether is NFT losing its steam in India? How do NFT collectors and artists are keeping this space alive? Is there any taxation or legal system around it?  Apoorva Mittal speaks to: Cyber Shakti, NFT Artist and Entrepreneur to understand the NFT as an art;  Ramesh Gopal, Blockchain Developer and NFT Collector to hear how he landed Amitabh Bachchan's NFT;  Kameshwaran Elangovan, COO & Co-Founder - Guardianlink to explore how his company turned NFT into in-game assets and  Ankit Wadhwa, Co-founder and CEO - RARIO to understand how NFT operators are sustaining in the current market Credits: Jensen Tung, CoinDesk, NDTV and Oneindia Hindi,  You can follow our host Apoorva Mittal on her social media: Twitter & Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

The Morning Brief

Is the NFT fad dead?

Almost all of us have been at the receiving end of incessant WhatsApp calls, texts and videos from anonymous international numbers in the last couple of months. They come from across the world-Indonesia to Vietnam, Malaysia to Kenya—with job offers, money-making opportunities, or lurid invites and compromising videos. Why have the calls increased so much? Who’s behind them? How are they using WhatsApp business accounts so easily? How big and dangerous is the con? What legal recourse do you and I have? And can WhatsApp afford this menace in its biggest market with a user base of 488 million?  In this episode of The Morning Brief, host Dia Rekhi unravels the scam by talking to: Sachin Taparia, Chairman and Founder of LocalCircles about the results of the recent survey on this issue Kanishk Gaur, Cyber Security Expert on all the whys and hows of a WhatsApp scam Credits: WhatsApp If you like this episode from Dia Rekhi, you can check out her episodes - Twitter Tales, India vs Europe: Regulatory Rift, ChatGPT Explained and Explored, Band, Baaja, Billions and more.  You can follow our host Dia Rekhi on her social media: Twitter & Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

The WhatsApp ‘Con’ Calls

Pakistan is on the brink of bankruptcy and a civil war. With less than a month of reserves to continue importing fuel and food, Pakistan is at dire risk, with the highest inflation and the second lowest economic growth among 46 Asian nations. With the IMF playing hardball, what is the endgame for its economy?  Host Kiran Somvanshi talks to S. Akbar Zaidi, Executive Director of the Institute of Business Administration, Shahbaz Rana, Economic Correspondent, The Express Tribune. Anchorperson at Express News. and Pranabdhal Samantha, Associate Executive Editor, The Economic Times.Credit: DW News, Al Jazeera English, WIONYou can check out more episodes of The Morning Brief on: The Uncertain Fate Of Asia’s Largest Refinery, Has milk politics turned sour in Karnataka?, El Niño: Little Boy, Big Trouble, E-20 Explained: The blender’s pride or bane? And more.  You can follow our host Kiran Somvanshi on her social media: Twitter & Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Pakistan in Penury

ONDC (Open Network for Digital Commerce) is being touted as the government’s next big digital initiative after UPI (Unified Payments Interface). The ambitious open-source network aims to connect all buyers and sellers in the e-com space and to more than treble the country’s e-commerce penetration to 25% of its 1.4 billion population. ONDC has recently been part of the internet chatter for the discounts on online food delivery that is massively undercutting Swiggy and Zomato. Are the discounts sustainable? Who’s funding them? Will more people take to this vast cluttered network? Is ONDC here to stay?  Anirban Chowdhury and Mugdha Variyar speak to:  T Koshy, CEO, ONDC to understand the potential and the next big plans of the platforms.  Anshoo Sharma, Co-Founder & CEO of magicpin  Credits: NDTV, Aaj Tak, India Today, Money Control If you like this episode from Anirban Chowdhury, check out his other interesting episodes on El Niño: Little Boy, Big Trouble, Will music streaming platforms survive in India?, Lufthansa CEO on its turnaround, India and Air India, and much more! If you like this episode from Mugdha Variyar, check out her other interesting episodes on Angel Tax, The Demon that haunts startups, Saving Face On Social Media: The New Era of Brand Protection, The Gig Economy Gets Grimmer and more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin You can follow our host Mugdha Variyar on her social media: Twitter and Linkedin  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Will ONDC eat Swiggy, Zomato’s lunch?

Nestle India has delivered its highest growth in a quarter in the last decade, but a lot more is brewing at the Maggi maker. Host Ratna Bhushan catches up with Suresh Narayanan, CMD, Nestle India, as they engage in  a healthy debate on nutrition and the upcoming competition.If you like this episode from Ratna Bhushan, check out her other episodes on Millet Mania, From Bite to Flight: Varun Berry’s Big Plans Ahead, From Bikaner to BSE: Snacking Away and more! You can follow our host Ratna Bhushan on her social media:Twitter - https://mobile.twitter.com/ratnabhushanETLinkedin - https://www.linkedin.com/in/ratna-bhushan-aa83aa21 Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Corner Office Conversation With Nestle India CMD, Suresh Narayanan

Embark on a captivating exploration with The Morning Brief as we delve into the intriguing decision-making process behind Wadia's choice to navigate the treacherous skies of insolvency through the NCLT route. Uncover the motives and intricacies behind this daring flight path, where a seemingly perilous journey could ultimately lead to a flawless landing in the realm of insolvency. In this episode, we hear from  Rajesh Sharma, a former technical member of the National Company Law Tribunal (NCLT), explains the legal ramifications of this insolvency. Anirban Chowdhury, ET’s Aviation Journalist, describes the Pratt & Whitney troubles and the factors that led to Go First's demise.  Sangita Mehta, Banking Journalist at ET outlines the history of corporate insolvency in India. Mohit Bhalla, Senior Editor at ET, examines how Mauritius-based Wadia Group, received a $300 million loan from Deutsche Bank. Credits: Spanner Films, First Post, WION and Republic TV  If you like this episode from Anirban Chowdhury, check out his other interesting episodes on El Niño: Little Boy, Big Trouble, Will music streaming platforms survive in India?, Lufthansa CEO on its turnaround, India and Air India, and much more! If you like this episode from Anupriya, check out her other episodes on Survivor Island: The Startup Finale, Downsizing to Down Rounds, Nirav Modi: Extradition or Asylum - The Scam Explained, Call of Duty: The Inflation Warzone and more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin.You can follow our host Anupriya on her social media: Twitter and Linkedin   Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Go First: The Insolvency Flight Path

Team TMB traveled 400 kilometers to a site that was unknown to many but soon became famous for its protest. The site was proposed for setting up Asia's largest oil refinery, but soon became the epicenter of protests. In this episode we hear from villagers about why they don't want this refinery in Ratnagiri. Do they think the refinery will bring development and job creation to the region? They discussed the adverse effects that the refinery may have on the environment and much more. Host Kalpana Pathak talks to the villagers about their demands and expectations in this ground report episode. . Credits: ABP MAJHA, The Indian Express, LOKMAT If you like this episode, check out Kalpana Pathak’s episode on Are we also living in a Joshimath?, Industry 4.0: Enterprise vs Employee?, Can diamonds be for every pocket? and more!  You can follow our host Kalpana Pathak on her social media: Twitter and Linkedin  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

The Uncertain Fate Of Asia’s Largest Refinery

Apple is clearly building a footprint in a new Asian area following the recent inauguration of the Apple Store in India, while the political and logistical obstacles in China have intensified. Apple's manufacturing activities have been migrating away from China and towards Vietnam and India. Apple prefers India over the other two countries since it expects at least 25% of all Apple products to be manufactured there by 2030, but in reality, will it be a cakewalk or an arduous task? Host Arijit Barman speaks to - Steven Tseng, Senior Equity Analyst at Bloomberg Intelligence, to identify how much of the supply chain will migrate out over the next 5 -8 years, - Mark Zetter, Founder and Management Consultant - VentureOutsource.com, outlines the first obstacles anticipated by Apple, and - ET's Senior Editor - Writankar Mukherjee analyses the real exports and manufacturing issues.  Credits: Apple Earnings Call and Editorji If you liked this episode from Arijit Barman, check out his other episodes on ET Awards 2022: India Inc Debates The Capex & Growth Commitment, Breaking The Taboo: Time To Regulate And Bet On Betting?, Anil Agarwal's billion woes of Vedanta and much more!   Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

How fast can Apple bite into India?

India’s $20 billion dollar beauty market has many suitors for the crown and it may not be a pretty or a petty bout. With the latest contestant Tira, arriving from the Reliance camp, the rules of the BPC business look to be getting a makeover with e-commerce firms setting up shops and veteran retailers looking to grab a piece of online sales. But looking at Nykaa’s not-so-pretty performance at the stock market one questions the business behind the buzz.  Host Shabori Das talks to: Biju Kassim, President (Beauty) at Shoppers Stop, on balancing the online and offline market simultaneously Dharmarajan K, Chief Business Officer (Beauty) at Tata CLiQ on the unit economics of a retail store Arjun Anand, Managing Director & Head of Asia at Verlinvest on how the economics of beauty retails works in India Arvind Singhal, Chairman at Technopak Advisors on the relevance of beauty as a category Credits: Glamrs By Purple, Khushmag, Preity Prerna, Vogue INDIA  You can follow our host Shabori Das on her social media: Twitter and Linkedin If you like this episode from Shabori Das, check out his other interesting episodes on The Dating App Paradox: Low Success Rate, Booming Business, The Business of Whiskey and much more! Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Beauty Battles: Who will be crowned the retail royalty?

Milk has become a boiling political issue in Karnataka ahead of the elections. Amul's potential entry is seen as a threat to the local brand Nandini. But what is the economics behind dairy politics? Host Mugdha Variyar travels through the milk belt of Karnataka in Mandya district to do a ground check on farmers' troubles, and to find out what the Amul-Nandini issue means for them.We speak to: Anitha Ramlingegowda, director of the women's dairy cooperative in Sunnadadoddi in Mandya district,  HK Putamma, women’s president of the Mandya District Bharatiya Kisan Sangha,  H Sudhakar, general manager of Mandya Milk Union, and  Madhu Chandan, founder of Organic Mandya, who is the Mandya candidate for the Sarvodaya Karnataka Party. Credits: NDTV, Narendra Modi Youtube Channel,  NewsFirst Kannada 1 and NewsFirst Kannada 2.  If you like this episode from Mugdha Variyar, check out her other interesting episodes on Angel Tax, the demon that haunts startups, Saving Face On Social Media: The New Era of Brand Protection, The Gig Economy Gets Grimmer and more! You can follow our host Mugdha Variyar on her social media: Twitter and Linkedin  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google PodcastsSee omnystudio.com/listener for privacy information.

Has milk politics turned sour in Karnataka?

Reliance Capital was the last big bastion to fall in Anil Ambani’s business empire. Once competing with the likes of ICICI and HDFC, it has been, for the last year, languishing in India’s bankruptcy court. The complex resolution process is a two-horse race between Gujarati pharma giant Torrent Group and auto-hospitals-banking conglomerate Hinduja Group. The prize is RCap’s lucrative insurance business with assets worth Rs 56,000 crore.  Host Anirban Chowdhury speaks to: Sudip Bandyopadhyay, Group Chairman of Inditrade Capital and Former MD of Reliance Money on the rise of Reliance Capital Sangita Mehta, ET’s Senior Editor on the fall and the challenges faced by the company over the years G Chokkalingam, Founder of Equinomics Research & Advisory on the opportunities that came along the way of Reliance Capital Sugata Ghosh, ET’s Associate Editor on what will the winner get once they buy the RCap.   Credits: CNBC-TV18 1, CNBC-TV18 2, Business Standard, CNBC-TV18 3, CNBC-TV18 4, CNBC-TV18 5, CNBC-TV18 6, Reliance Capital If you like this episode from Anirban Chowdhury, check out his other interesting episodes on El Niño: Little Boy, Big Trouble, Will music streaming platforms survive in India?, Lufthansa CEO on its turnaround, India and Air India, and much more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin.  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Reliance Capital: ADAG’s Dust, Hinduja’s Dreams?

A revival in private sector capex is key to driving economic growth, creating jobs, and strengthening competitiveness. While most companies said they have the appetite to invest, some others are still in a wait-and-watch mode. At the ET Awards for Corporate Excellence India's top leaders discussed ways of increasing capital investment. If you liked this episode from Arijit Barman, check out his other episodes on Where does Gautam Adani Go From Here? Part 1, Gautam Adani: Dharavi's New Dada and Vodafone Idea: Any Idea Sirji? You can follow our host Arijit Barman on his social media: Twitter and Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

ET Awards 2022: India Inc Debates The Capex & Growth Commitment

Candid Conversation with Fareed Zakaria & Hemant Taneja, CEO and managing director of global VC firm General Catalyst on how changing geopolitics are changing the game for VCs as well. In a new world order of lowered liquidity and a tsunami of tech transcending borders host Anupriya Nair & Apoorva Mittal question where Indian startups stand in the new global funding landscape? Do founders need to face the new reality of valuations? And how are VCs balancing patience and profitability in an era of tech disruption? Hemant Taneja is CEO and MD of VC firm General Catalyst, backers of legendary companies like Stripe, Snap, Samsara, Airbnb, Kayak and Gusto. Hemant is also a best selling author and advocate for Responsible Innovation.Fareed Zakaria is the host of Fareed Zakaria GPS on CNN and a columnist for The Washington Post. He is the author of four New York Times bestselling books. If you like this episode from Anupriya, check out her other episodes on Survivor Island: The Startup Finale, Downsizing to Down Rounds, Nirav Modi: Extradition or Asylum - The Scam Explained, Call of Duty: The Inflation Warzone and more! You can follow our host Anupriya on her social media: Twitter and Linkedin   Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

The Changing World Order For VCs with Hemant Taneja & Fareed Zakaria

A recent social media influencer video about the sugar content of Bournvita caused an uproar. Influencer Revant Himatsingka withdrew the video after receiving a legal notice from the firm that owned the health drink brand, which rejected claims that it had a high sugar content. Around 12 million people had watched the video, which several well-known people also shared on social media. This raised the issues of health and, more crucially, what MNCs are doing to maintain consumer faith in their brands. Was this the case always? Exist any rules for the current brand communication situation? In order to address everything, host Kiran Somvanshi speaks to: Dr. Arun Gupta, a paediatrician and representative of NAPI, seeks to understand the truth about numerous companies that make claims to be "healthy." Revant Himatsingka, a health coach and content creator known as "FoodPharmer," discusses how he decoded various so called ‘nutritious’ brands and what are his findings.  Ratna Bhushan, ET’s Senior Editor and TMB Co-Host, describes how Mondelez India and other MNCs circumvent the system to their advantage.  If you like this episode from Kiran Somvanshi, you can check out her other episodes on - Dividends from Drones, World Cancer Day: India’s Growing Cancer Bill, Royalty Raj: HUL reopens Pandora's Box and more! You can follow our host Kiran Somvanshi on her social media: Twitter & Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

Watch Before You Eat

El Niño, the climate force that warms up the Pacific and disrupts weather across the world, is back. Scientists fear it will contribute to 2024 being the hottest year in recorded history. For India, which is reeling under massive heat waves, it’s particularly worrisome. 60% of the country’s droughts in 130 years have coincided with El Nino events. The jury is out on how severe the imminent bout will be. But El Nino can disrupt rains; which has knock-on effects on food prices, consumption, markets, and public health. How worried should you be? And as the world heats up and climate shocks become more frequent, how long before India becomes truly climate-proof?  Host Anirban Chowdhury speaks to: - Dr. Kim Cobb, an American climate scientist and Professor at Brown University on how El Nino has evolved over the years and its links with industrialization - Kamiar Mohaddes, Associate Professor in Economics at the University of Cambridge about how El Nino impacts some countries negatively, and benefits others.  - Saransh Bajpai, Associate Director - Climate Program at WRI India on the impact of such events in India and how states are coping.  - Saugata Bhattacharya - Senior Vice President and Chief Economist at Axis Bank on El Niño’s cascading impact on various sectors of the Indian economy  -  Pankaj Pandey, Head Research at ICICI Securities on which stocks are vulnerable to El Nino and which do well on such occurrences. Credits: CNBC, MoneyControl, WION, Julien Miquel, Emma Saying, National Geographic, BQ Prime, Fox 11, Seeker, NDTV, NDTV 2, WION 2 and The El Nino Song If you like this episode from Anirban Chowdhury, check out his other interesting episodes on Will music streaming platforms survive in India?, Lufthansa CEO on its turnaround, India and Air India, Can Air India be an Emirates? and much more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin.  Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

El Niño: Little Boy, Big Trouble

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.

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The Morning Brief

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