Daybreak

The Ken

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 Rahel Philipose, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists. read less
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Episodes

Daybreak Special: What do women really want? A 'f*** off fund'
Jul 11 2024
Daybreak Special: What do women really want? A 'f*** off fund'
Have you ever heard of a 'f*** off fund'? Or better yet, do you have one?For the uninitiated, it is a sum of money that women should ideally set aside to get out of a difficult situation – think toxic job, abusive relationship or family situation, you get the drift. The term was coined by freelance writer, Paulette Perhach, in 2016. We recommend that you read her powerful essay on financial independence. The idea is for it to give you enough power, confidence and control to literally be able to say “f*** off” and walk away. You are probably thinking, ‘great in theory, but how do I actually build one for myself?’. We have got you covered. In this special episode of Daybreak, Chaitra Chidanand, the co-founder of Salt, a financial services platform for women, demystifies f*** off funds and how you can get one. Tune inWe would also love to hear your take on f*** off funds. Please take our survey. Suggested readingA F*** Off Fund: the most important female prep, Reddit"The FOF has saved me and my kids a few times.  Health crisis. Unemployment. Violence.  S**t happens.  But just as important—having a FOF means you can act from a position of power, not fear, not subservience." Warren Buffett Invests Like A Girl? Forbes"Buffett has always said that it’s temperament--not intellect--that makes you a great long-term investor. When you look at studies that have been coming out in the last 10 years about how men and women invest, what you see is that women tend to naturally have this temperament that creates long-term investing success."For Women With Money Issues, an A.D.H.D. Diagnosis Can Be Revelatory, NYT'But because activities like planning or budgeting don’t usually give people with A.D.H.D. a dopamine hit, they can find it harder than neurotypical people to get started or stick to accounting activities. This results in extra costs — paying cancellation fees for missed appointments or late fees for not opening a bill on time, or losing refunds because we missed the deadline for returning an unwanted purchase.'For feedback, write to us at podcasts@the-ken.com
Daybreak Special: Why crazy rich Asians are buying one way tickets out of China
Jul 4 2024
Daybreak Special: Why crazy rich Asians are buying one way tickets out of China
More than 15,000 millionaires are most likely leave China for good this year, according to the latest report by Henley and Partners, a UK-based investment migration consultancy. This largely has to do with the fact that being a multi-millionaire in China is almost like living with a target on your back. Multiple cases of the wealthy disappearing, the most well-known of which was Alibaba's Jack Ma, are testament to this. Basically one can be rich but not too rich, especially when the Chinese economy is struggling with a slowdown. So if millionaires are not disappearing under mysterious circumstances, they are desperately trying to protect their assets at all costs.India too happens to be the third on the Henley list of top countries facing a millionaire exodus. It is expected to lose about 4,000 millionaires this year. But unlike China, this isn’t very concerning because this number has dropped since last year and also because India is also generating more millionaires than it is losing. In many ways, you could say, India stands today where China was 10 years ago. And that’s exactly why we need to understand what is happening in China. In this episode, Daybreak hosts Snigdha and Rahel speak to The Ken's Southeast Asia editor Brady NG about what's going on in our neighbourhood. Tune in.Brady’s book recommendation: House of Leaves  Mark Z. Danielewski  Artwork by Adhithi Priya RajagopalDaybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Zomato and Zepto are doing for EV battery swapping what the govt isn't
Jul 4 2024
Zomato and Zepto are doing for EV battery swapping what the govt isn't
For quick delivery apps like Zomato and Zepto that are often questioned for their carbon footprint, switching to electric vehicle or EV fleets is not just a matter of being environmentally conscious, it is also economically more feasible.But here’s the thing. While takes about four hours to charge an electric scooter from zero to full using a slow charger and approximately 15 minutes for a fast charger, battery swapping which literally takes two mins.Which is why delivery company drivers for whom speed means money, battery swapping is a better option than charging. Quick commerce companies have understood this and they’re partnering with these companies. For example, Zomato and Zepto have both partnered with Battery Smart, a Delhi-based network of battery-swapping stations for EVs. Plus, this comes at a great time because these battery swapping companies are attracting a lot of VC money despite the general VC funding crunch lately. And VCs are loving the fact that quick commerce giants are tying up with these battery swapping companies.So, you’d think that that government must be doing everything it can to give battery-swapping service providers support to expand right?Turns out, that is not really the case.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 business stories.