FirstFT: India orders government-developed app to be installed on all smartphones
Also in today’s newsletter: Demand for Japanese bonds reassures jittery markets, and OpenAI declares ‘code red’ over ChatGPT
Related reading
India demands installation of government app on all smartphones
Privacy advocates raise concerns about potential snooping
India reverses order to install government app on all smartphones
Communications minister says use of state-run cyber security app is ‘completely voluntary’ following public outcry
India slowly opens up banking sector to foreign investors
Also in this newsletter: the AI race for Indian users, and Aparna C Iyer’s mantra for work and life
India taps homegrown digital payments network to widen access to credit
Infrastructure will let banks deliver short-term loans more easily but encouraging take-up could prove difficult
India overhauls goods and services tax system to boost growth
Also in this newsletter: Jane Street appeals market regulator’s order
Japanese investment in Indian finance hits record as business ties tighten
Tokyo drawn to vast market where Chinese competition is limited by geopolitical tensions