India, the world’s largest democracy, will go to polls next year as it struggles to remedy a faltering economy and rising social unrest. What better…
STAR WARS
Quartz Daily Brief—Asia Edition—Merkel victorious, Kenya’s terror siege, Usagi Vs. China, audacious oil thieves
What to watch for today Angela Merkel wins third term as German chancellor. Exit polls showed that Merkel’s Christian Democratic Union won 42% of the…
CENTRAL PRANKSTERS
Raghuram Rajan is the latest central banker to pull a Bernanke surprise
Just when the world was starting to expect more transparency from central bankers, two of the world’s most watched technocrats unleashed big surprises. When Raghuram…
TOO MANY INDICES
India doesn’t actually know if its food-price inflation is going up or down
Stubbornly high inflation has for long beguiled Indian policy-makers. Now there’s an added dilemma: The two main inflation indexes are painting different pictures about price…
The Indian government is making state oil firms lose $77 million a day
India subsidizes diesel, cooking gas and kerosene. It’s a heavy burden on the government in the best of times, as it has to compensate state-run…
STAR WARS
Quartz Daily Brief—Larry Summers, Syria deal, US debt ceiling standoff, affordable rockets
Good morning, Quartz readers! What to watch for today Japan will halt its only working nuclear reactor. Reactor 4 at Ohi in western Japan will…
DIVISION OF LABOR
Finally, the Indian government agrees to leave the central bank alone
In India, the central bank is widely considered one of the country’s best-run institutions, balancing the financial interests of both rich industrialists and the 826…
UNFASTEN YOUR SEATBELTS
The rupee is looking a little less doomed
What a difference a month makes. In early August, the Indian rupee was falling like a rock, prompting panicky policy reactions and predictions of doom.…
In India, Apple is actually willing to play the “cheap” card to sell iPhones
Apple made it clear yesterday that it isn’t interested in the low end of the smartphone market. But in India, where the company trails its…
STAR WARS
Quartz Daily Brief—Asia Edition—UK unemployment, Apple’s not-so-cheap iPhones, investing monkeys
What to watch for today Diplomatic wrangling over Syria shifts to the UN. The US, Britain and France are working on a resolution to create…
DOWN WITH THE JONESES
Jaguar deigns to offer cheaper cars and SUVs that rival BMW and Mercedes
![during the first press day of the 65th Frankfurt Auto Show in Frankfurt, Germany, Tuesday, Sept. 10, 2013. More than 1,000 exhibitors will show their products to the public from Sept. 12 through Sept.22, 2013. (AP Photo/{serialnum])](https://qzprod.files.wordpress.com/2013/09/jaguar-main.jpg?quality=80&strip=all&w=270)
With its C-X17 sport utility vehicle prototype unveiled at the Frankfurt Auto Show, luxury carmaker Jaguar is breaking with its uppity past to enter the…
THE PRICE IS RIGHT
India’s government may finally cut its mobile carriers and consumers a break
Chalk it up, in part, to the Indian government’s desperation for cash: The country’s telecom regulator is finally kowtowing to telecom companies’ demands for cheaper…
