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India has quietly revised Press Note 3, easing restrictions on Chinese capital in the country’s startup and technology sectors while keeping telecom and security‑sensitive areas closed. The amendment comes as foreign direct investment has plateaued and institutional investors have withdrawn billions, prompting New Delhi to seek new sources of growth. By allowing Chinese venture funding, the government hopes to revitalize its tech ecosystem without compromising national security. The change was discussed on a Morning Brief podcast featuring economists and trade experts who debated indirect investment routes and broader investor confidence.
The Morning Brief podcast examines an unprecedented oil shock triggered by the effective closure of the Strait of Hormuz, cutting more than 10 million barrels of crude per day—about twice the 1956 Suez disruption. With virtually no spare production capacity, Brent crude...
