Railways Need 600 Crore, Pharma Wants a Billion, and Indians cleaning Russian Streets cover art

Railways Need 600 Crore, Pharma Wants a Billion, and Indians cleaning Russian Streets

Railways Need 600 Crore, Pharma Wants a Billion, and Indians cleaning Russian Streets

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This week: Indian Railways announces its second fare hike of the year, adding 10 to 28 rupees on long-distance trips. India's capital formation slumps to a decade low as households pour money into gold instead of productive investments. IndiaRF looks to exit Synthimed Labs at a billion-dollar valuation. Defence and aerospace startups like Skyroot are now competing with Big Tech for IIT engineers. And in St. Petersburg, 17 Indians including a former software developer are cleaning streets, earning 1.1 lakh rupees a month in a country desperate for labour. Learn more about your ad choices. Visit megaphone.fm/adchoices
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.