Daybreak - podcast cover

Daybreak

The Kenthe-ken.com
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.
Last refreshed:
Download Metacast podcast app
Podcasts are better in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

Is banning social media for children a cure or a cop-out?

This week, Goa said it is actively considering a ban on social media for children under 16, inspired by Australia’s new law. Andhra Pradesh has also set up a panel to examine whether similar restrictions could work there. The push reflects rising anxiety around teen mental health, cyberbullying, and exposure to harmful online content. Supporters argue platforms are unsafe by design and impossible to regulate through guardrails alone. Critics question whether bans can keep up with technology or a...

Jan 29, 202632 minEp. 675

The "mother of all trade deals" promises cheaper imports. Prices are another story

This week, India and the European Union signed a sweeping trade deal that cuts or removes tariffs on over 90% of goods traded between them. The headlines quickly focused on what might get cheaper, from wine and cheese to cars and chocolates. But trade deals do not change prices overnight. Tariff cuts roll out over time and work their way through importers, distributors, taxes, and markets before they ever reach consumers. In this episode, host Snigdha Sharma looks at what past trade deals show a...

Jan 28, 202611 minEp. 674

Why Gita Gopinath says pollution hurts more than tariffs

Every winter, Delhi chokes. Masks become mandatory, air purifiers work overtime, and life somehow goes on. But beyond the health crisis lies an economic catastrophe most people ignore—until now. Gita Gopinath's recent warning at Davos sparked controversy, but the numbers don't lie: pollution is costing India 1.67 million lives and nearly 3% of GDP annually. Meanwhile, China turned its pollution crisis around in just a few years with ruthless accountability. India has the knowledge and technology...

Jan 28, 202615 minEp. 673

India’s data law is giving rise to a new consent economy for banks

India’s new data protection law is reshaping how companies talk to customers on WhatsApp. Messages that once felt routine now carry legal weight and are tied to consent, security, and user rights. Since the Digital Personal Data Protection Act became operational, businesses have begun reworking how they collect and manage personal data. That shift has created a fast-growing market for compliance tools, drawing startups and established firms into the same space. As companies rush to avoid heavy p...

Jan 26, 202612 minEp. 672

The rivalry between hospitals and insurers will always be heated

When your insurance card suddenly stops working, it is not just a glitch. It is the symptom of a deeper crisis in Indian healthcare. Hospitals say insurers have failed to update reimbursement rates despite medical inflation. Insurers say hospitals are inflating bills and resisting standardization. Millions of policyholders are caught between them, forced to pay out of pocket for care they thought was covered. How did India’s healthcare system end up in this deadlock. And who really decides what ...

Jan 25, 202610 minEp. 671

Your E-Bus Will Be Fixed. Eventually. Probably.

When a public electric bus breaks down in India, three agencies get notified. None of them can actually fix it. The buses don't belong to the cities that run them. The contracts sit with central agencies. The warranties belong to manufacturers. When a four-year-old bus stalls because its battery management system glitched, the city logs a complaint, calculates a fine for the manufacturers, and takes the bus off the route. Commuters are left slim pickings. And India's about to deploy thousands mo...

Jan 23, 202614 minEp. 670

Why India’s data centre boom is heading for water bankruptcy

India is building data centres at unprecedented speed to support cloud services, AI, and digital growth. At the same time, cities across the country are struggling with water shortages and repeated contamination of drinking-water supplies. A new United Nations report describes this condition as water bankruptcy. It is the stage where water systems continue to function, but only by drawing down reserves that cannot recover fast enough. In this episode, host Snigdha Sharma looks at how India’s dat...

Jan 22, 202613 minEp. 669

Sam Altman said ads were a "last resort." Welcome to last resort

Sam Altman called ads a "last resort" in late 2024. That day has arrived. OpenAI just announced ChatGPT is running ads—personalised ones based on your conversations. The company spent $8 billion in 2025 alone with zero profit, and an essay predicted they'll burn through cash by 2027. Meanwhile, Google's Gemini is betting on staying ad-free, preserving user trust while ChatGPT strains it. Host Rachel Varghese breaks down the enshittification playbook, why OpenAI's "code red" memo signals desperat...

Jan 21, 202612 minEp. 668

Make in India pushed electronics to deliver volume. Depth is still loading

India has become one of the world’s largest electronics manufacturers, powered by scale, assembly lines, and global contracts. But much of the design, components, and technology still sit elsewhere. In this episode, we look at why the government is now backing electronics components, what India’s EMS firms built first, and what they postponed. As India pushes deeper into the supply chain, the question shifts from volume to ownership. What does it take to move from assembling electronics to truly...

Jan 19, 202612 minEp. 667

Gandhinagar vs Delaware: Are India's next 1,000 startups ready to live in Gift City?

For over a decade, Indian startups have chosen to be incorporated in Delaware and Singapore when raising venture capital. Now India wants to change that with Gift City—a financial enclave designed to compete globally. But can it? We explore why founders still choose Delaware's speed and legal certainty, what Gift City offers to funds but not startups, and the structural gaps that need fixing. Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news ...

Jan 18, 202614 minEp. 666

AI is learning healthcare from a broken system

AI is learning healthcare from systems that are stretched and uneven. In this episode, hosts Snigdha Sharma and Rachel Varghese discuss what tools like ChatGPT Health and Claude for Healthcare could mean in India. We talk about how people already use AI to understand symptoms and reports, how hospitals deal with data and paperwork, and how bias and privacy shape these tools. Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscrib...

Jan 15, 202624 minEp. 665

How Reliance's price war made Pepsi and Coke love 'zero sugar'

India’s soda shelves have changed almost overnight. Coke and Pepsi now sell zero-sugar versions of their drinks at prices as low as 10 rupees. The move came after Reliance launched Campa Cola with its own budget zero-sugar option. Now, they are taking over in big cities and small towns alike. But what looks like a health trend is really a business strategy. What is really inside those bottles? And what does it mean for consumers? Tune in. Daybreak is produced from the newsroom of The Ken, India’...

Jan 14, 20269 minEp. 664

Meta has an illegal gambling ads problem. It doesn't really care

Four months after India's nationwide ban on online gambling ads, Meta platforms were still running them—140 in December alone. A Reuters investigation into leaked internal documents reveals this isn't an oversight. Meta made specific calculations about how much enforcement it could afford, and governments worldwide are hitting the same wall. From Malaysia to the Philippines, removal requests pile up while the ads keep running. What happens when a platform decides compliance is negotiable? Host R...

Jan 14, 202613 minEp. 663

Where to invest Rs 1 lakh, Rs 10 lakh, Rs 1 crore

Investing extra money can be confusing, no matter how big or small the amount. What works for someone with Rs 1 crore is very different from what suits someone with Rs 1 lakh or Rs 10 lakh. Experts say everyone should first take care of basic needs before investing. There are many simple, logical, and even unconventional ways to invest. Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, ...

Jan 12, 202618 minEp. 662

Only 30% invested from a Rs 10,000 cr startup fund. Yet India obsesses over a new fund

India's Fund of Funds for Startups 1.0 is winding down this March—but it's falling short of its goals. Of the ₹10,000 crore mandate, only ₹6,500 crore has been disbursed, and just ₹3,200 crore has actually reached startups. Meanwhile, FFS 2.0 remains stuck in limbo with no guidelines released yet. Despite catalyzing India's startup boom—from 3,000 startups in 2016 to over 200,000 today—the program faces criticism over cheap terms for fund managers, delays, and transparency issues. As the governm...

Jan 11, 202613 minEp. 661

Friday Round-up: Who pays when Grok fails, Venezuela's crisis is Reliance's win, and more

In this episode we fill you in on four standout stories from the past week. First, a quick look at how the Venezuela crisis is benefiting Reliance and ONGC; Next, why the quick fashion promise stands on shaky ground; Third, how AI has been filling up Indian shopping carts; And finally, why the discourse about Grok AI is starting to sound a little lopsided. Tune in. Read The Ken's story on quick fashion here . Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only busine...

Jan 08, 202618 minEp. 660

The case against 10-minute delivery

10-minute delivery has quickly gone from novelty to expectation. In this episode, through conversations with delivery workers and the gig workers’ union leader, host Snigdha Sharma argues how the 10-minute delivery model intensifies existing problems in gig work. Is it is a promise we really need to be kept for us? Tune in. Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical busines...

Jan 07, 202612 minEp. 659

Can Apollo Hospitals fix its digital cash burn with Rs 299 from 10M users?

Apollo 24/7 has bled money for five years. But its loyalty program, Apollo Circle, might be the cure. For 299 rupees yearly, members get free teleconsultations, priority access, and discounts—locking them into Apollo's ecosystem of hospitals, pharmacies, and diagnostics. The strategy is working: average orders doubled, losses shrank, and Apollo Health Co turned profitable. Now the company wants Circle to drive breakeven next year while funneling customers away from neighborhood clinics into its ...

Jan 06, 202613 minEp. 658

The Shanti Bill opens India’s nuclear sector. An American firm is first in line

India wants to generate 100 GW of nuclear power by 2047. As of now, it produces less than 9 GW. For decades, nuclear energy in India was built, owned, and run only by the state. That is now changing. In December, Parliament passed the Shanti Bill, opening the sector to private players. And an American nuclear company, Holtec International, wants to build 200 small modular reactors across India, mostly close to industrial hubs. Supporters say smaller reactors can be built faster and closer to dem...

Jan 06, 202616 minEp. 657

How Indigo ran out of pilots—gradually, then suddenly

India's largest airline crisis made headlines for weeks. Last month, Indigo cancelled nearly 4,000 flights over 10 days, forcing the government to cut 10% of its schedules until March. The culprit? A severe pilot shortage that the airline had two years to prepare for. While Air India doubled its pilot strength ahead of new flight duty rules, Indigo ended up with fewer pilots than before. The airline's response has been less than encouraging. Cut leaves, slash night allowances, and even telling u...

Jan 04, 202613 minEp. 656

The mystery fund that played God and wreaked havoc on the stock market

This episode revisits one of The Ken's most consequential stories from 2025. When journalist Anand Kalyanaramn started investigating unusual patterns in India's options market, he uncovered alleged manipulation on a massive scale. Someone was controlling market movements to guarantee profits—making billions while regular traders lost everything. SEBI identified Jane Street as the culprit; and the firm is appealing the allegation. Today, Anand explains how the alleged scheme worked, why India was...

Jan 01, 202620 minEp. 655

Why teaching at India’s public universities now looks like gig work

Teaching at India’s public universities no longer offers the certainty it once did. Permanent jobs have become scarce, while short term contracts have quietly filled the gap. Many teachers are now hired semester by semester, paid per lecture, and required to reapply for their jobs again and again. This shift has reshaped academic careers and changed how universities function day to day. What caused this shift? And what does it say about the future of higher education and university teaching as a...

Jan 01, 202612 minEp. 654

How surging property prices are turning dream homes into pipe dreams

Property prices across Indian cities have gone through the roof, up by nearly 30% in the last two years. This along with ever increasing rent and general cost of living has made planning for the future quite challenging for those in their 20s and 30s. So has the idea of home ownership changed among the younger generations, like in many Western countries where more and more people are choosing to rent rather than buy? Or are we still attached to the idea of owning a home? And what’s behind these ...

Dec 30, 202533 minEp. 653

Daybreak 2025: Four stories we slowed down for

This episode is a look back at four Daybreak, The Ken stories that stayed with us in 2025. After three years of making the show, a few episodes each year stand out because they captured something shifting beneath the surface. These four did exactly that. Host and producer Snigdha Sharma revisits a conversation feat. Waterfield Advisor's Soumya Rajan about why even India’s wealthiest women still fight for financial control, how China’s rare earth dominance exposed the fragility of India’s EV push...

Dec 30, 202515 minEp. 652

When private equity acquires schools, the price may be quality education

Private equity is reshaping India’s schools. A relaxed New Education Policy and rising demand for international curricula have opened the doors for global operators to buy up chains across the country. The promise is scale, better infrastructure, and tighter governance. But the reality looks a little different—lean budgets, shrinking salary hikes, and a growing focus on cost-cutting. And the fallout? Increasing staff attrition, decreasing academic quality, and schools trading their founder-led e...

Dec 29, 202512 minEp. 651

Can Duolingo keep India speaking when AI can translate everything?

AI is changing how people learn languages and India is where the shift is showing up first. Duolingo has scale here but very little conversion. At the same time AI tools now offer practice, feedback, and even conversation for free, while Indian platforms focus on jobs, exams, and real outcomes. In this episode, we look at how language learning is being reshaped in India, why translation is no longer the whole story, and what Duolingo is really defending. Tune in.

Dec 25, 202512 minEp. 650

The super consultants saving India’s elite from themselves

From the very public Ambani family feud to the private struggles of the Raymond family, the transfer of wealth and power has often been messy. With over 850,000 millionaires in India, and many of them looking to transition their wealth in the next decade, there's a growing, yet largely unaddressed market for a specific type of expert: the succession coach. Part mediator, part therapist, part strategist—they do more than just advise. They keep dynasties from tearing themselves apart. Tune in. * T...

Dec 25, 202510 minEp. 649

The Ken: Stories that shaped 2025

In this episode, we bring you two reported stories from The Ken's newsroom that stayed with us this year. The first, reported by Nuha Bubere, looks at Flipkart at a moment of pressure and at how its CEO Kalyan Krishnamurthy is running the company as competition intensifies and expectations remain high. In the second, Atul Krishna tells us about India’s decision to allow foreign universities to set up campuses in the country, and what that shift says about the state of higher education and public...

Dec 23, 202517 minEp. 648

Orange is the new healthcare bet Amazon won't commit to

Buried deep in Amazon's app is a partnership with Orange Health Labs for at-home diagnostics—it's third healthcare experiment in India after pharmacy and telemedicine. The strategy? Target existing customers with zero advertising spend, keeping the bet low-risk while competitors like Bigbasket and Blinkit capture other categories. With its U.S. healthcare playbook built on insurance infrastructure that doesn't exist in India, Amazon is playing a cautious waiting game. The question: is this genui...

Dec 22, 202513 minEp. 647

The disruption playbook is now open source

Traditional case competitions are boring theater—companies toss out fake problems, students present cookie-cutter solutions nobody uses. The Ken flipped the script. It revealed something interesting: no company is safe anymore. Students attacked more than a 100 incumbents—from McKinsey to temple economies—and built working prototypes showing exactly how they'd do it. The insight? AI hasn't just lowered the cost of building to near-zero; it's fundamentally changed who can be a disruptor. Even est...

Dec 22, 202523 minEp. 646
Hosted on Transistor
For the best experience, listen in Metacast app for iOS or Android