Big business bets on Modi

Netflix profits surged during the first quarter, global markets had a rocky week due to worries over US inflation, and India’s prime minister is getting a big boost from the business class in his re-election campaign. 

Mentioned in this podcast:

Netflix profits surge on strong subscriber growth

The great bet on rate cuts is off

European stocks suffer worst day in nine months

US to grow at double the rate of G7 peers this year, says IMF

Jay Powell says US inflation ‘taking longer than expected’ to hit target

Businesses bank on Narendra Modi election win to ease India’s bottlenecks

Luxury automakers hit by Korea’s new neon green licence plate rule for company cars

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Denise Guerra, Cara Shillenn, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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