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India’s next budget may rely on some bogus numbers

In a few weeks, India’s finance minister will present what’s called an “interim budget” — the accounts of the year gone by, as well as his plans for the year to come. It isn’t supposed to be a regular budget because the government faces reelection in a few months; the convention is that the next finance minister gets to make ...

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Grab can’t afford to fail the finance test

After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. set itself a stiffer target. It wants to be a regional super-app. Think of it as a digital conglomerate that hooks customers for one thing, only to promise them value for several others, sort of like a Netflix Inc. subscription that ...

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Europe’s next two fronts in its war on Google

Despite its lobbying, Google can’t seem to win in Europe. The French privacy watchdog has blown through the US internet giant’s claim to comply with data-protection legislation, and its threat to pull its news-aggregation service in the region will likely prove far less effective than the company expects. Google’s troubles with the European Union’s antitrust authorities are well-known: the company ...

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