
Three Wishes at Midnight: India Turns Seventy-Nine
India's 79th Independence Day: two nations born a day apart, three decisions that split them, and three wishes for the 80th year.
Non-obvious insights on finance, tech, power, and purpose.
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India's 79th Independence Day: two nations born a day apart, three decisions that split them, and three wishes for the 80th year.

Homer’s oldest lesson in self-restraint, watched on a very big screen in Singapore, and the machine nations have built to actually practise it.

They own 60 per cent of America's hotels, employ more people than FedEx and Home Depot combined, and could not eat, drink, or check into a single room of the empire they built.

Wealth management’s quiet confession: what asset managers buy with their own money, and why fear does not scale with net worth.

A valediction in verse, written at the border between decades.

Turning 50, Victor Hugo’s border crossing, the arc of a life, and the sunscreen in between.

America's masterpiece was never on the list of things it invented. At 250, the only question is whether it can keep the conditions that made the list

The gods of ancient Greece and India turn out to be one family, separated by five thousand years. A child’s remark in an Athens museum, a father’s last rites, and everything two civilisations shared.

A Father's Day tribute to my father, Ajit Narain: what an ordinary man taught me about cricket, character, and never once swinging for the boundary.

India’s tourism punches far below its weight while Thailand monetises the gods, epics and serenity that India itself once exported.

Prediction markets stopped being a politics business. Eighty per cent of the volume is sport, and ICE just paid $1.6bn to buy the sensor, not the casino. (📚 ~13 min read)

What thirty years of friendship looks like at 35,000 feet

How the Royal Pop frenzy, a lapsed patent, and a quieter wearable revolution rearranged the wrist in one weekend.

What ten days of riding the Tube and the New York Subway reveal about the most civilising piece of infrastructure any city ever builds.

Agentic commerce shipped while the world was still arguing about the buy button. The 4 protocols, the 4 horsemen, and why China already won the first lap. Part 2 of 2 Stripe special. (📚 ~12 min)

Singapore Airlines built the most psychologically sophisticated caste system in the modern world. Last week, my five-year membership ends.

From seven lines of code to indexing the economy. Inside Stripe's 288 launches at Sessions 2026 — Tempo, Bridge, Privy, the Agentic Commerce Suite, the Machine Payments Protocol — and the structural argument that Stripe is no longer a payments processor. It is the next Google.

Two boys from Calcutta, thirty years on: one builds systems, one makes fun of them

India's move from non-alignment to multi-alignment. The first was a principle dressed as a strategy. The second is a strategy dressed as a principle.
The Q1 2026 scorecard: four wins, three close calls, one spectacular flop. Plus four new predictions for the rest of the season. (📚 ~11 min read)