UK’s Tihar Jail Inspection | Physics Wallah IPO | India Hires Trump Ally | Tharoor Calls Out US Bluff
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Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories.
Tariffs, Oil & Trump’s India Puzzle
Trump doubled tariffs on India to 50% over Russian oil purchases, hoping Delhi would bend. It hasn’t. Ex-diplomat KP Fabian says Trump’s “Triple T – Trumped-up Trump Tariffs” failed. Modi and Trump still call each other “friends,” but beneath the smiles, India is sticking to its long game: dealing with the US, Russia, and China without picking sides.
Tharoor Fires Back
Congress MP Shashi Tharoor dismissed US Commerce Secretary Howard Lutnick’s claim that India will “say sorry” to Trump. “We have nothing to apologize for,” he said, pointing out that past US governments encouraged India to buy Russian oil. With Trump’s team threatening harsher sanctions, Tharoor warned against his “mercurial temperament,” stressing India’s right to protect its energy security.
Physics Wallah’s $437M Leap
As Byju’s and Unacademy crash, Physics Wallah is preparing a $437 million IPO. Revenue jumped 49% to $330 million, losses shrank, and the founders are betting on affordable, quality learning and physical coaching centers. Proof that content beats hype.
Tihar’s Image Makeover
To overcome UK courts blocking extraditions, India let British officials inspect Tihar Jail. They were “largely impressed,” and Delhi even offered a special enclave for fugitives. With 178 extradition cases pending, including Mallya and Nirav Modi, India is desperate to fix its global image.
India’s $1.8M Trump Whisperer
India hired Trump’s ex-strategist Jason Miller for $1.8M a year to lobby in Washington. Miller recently posed with Trump at the White House, signaling Delhi now has a direct line into Trumpworld—an investment already paying off.
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