Murder allegations: Canadian Prime Minister Justin Trudeau’s shocking allegations that India orchestrated the murder of a separatist leader leaves Biden caught between one of the US’s closest allies and an increasingly important partner in countering China. https://tinyurl.com/4ebc2jpu

Expanding payment services: Meta is expanding its WhatsApp payment feature in India, letting users in the country purchase goods and services directly from local businesses via chat. https://tinyurl.com/5n7bpbe3

Finance ambitions: Billionaire Mukesh Ambani's new partnership with BlackRock combines insurance, lending and stock trading into a single offering. But details remain scarce, and investors have been less than enthusiastic. https://tinyurl.com/4k3u2867

Naira crashes to record low: The Nigerian currency plunged to a record low on the parallel market as shrinking dollar supply from the central bank forced buyers to the street for hard currency. https://bloom.bg/48qdOLx

Africa's newest oil find: The giant oil discovery off Namibia’s shores could be a game changer, but officials worry about corruption, social tensions and instability. https://bloom.bg/3ZrAsiP

Rwanda president seeks fourth term: Paul Kagame will run for a fourth term at elections expected in 2024, Jeune Afrique reported following an interview. https://bloom.bg/3PMvFF6

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Indonesia’s leader Joko Widodo sees a key role for the US in Indonesia’s green transition.

He tells Bloomberg TV’s Haslinda Amin he will make a critical-minerals trade deal a top priority at his upcoming talks with US President Joe Biden. Read more from the interview here: https://trib.al/PdbRZuI

Breaking: India stops visa services for Canadian nationals, while Canada’s High Commission will cut the number of diplomats in India as a diplomatic row escalates. https://tinyurl.com/3pjcs3nk

Earlier: India warned its citizens to “exercise utmost caution” in Canada, hinting that their safety is threatened. The country is the number one source of immigrants, foreign students to Canada. https://tinyurl.com/363pt57r

Quicktake: The late Hardeep Singh Nijjar is the man at the center of the escalating dispute between Canada and India. Read The QuickTake to understand Sikh separatism and why it is raising alarms in India. https://tinyurl.com/h6a4rexs

Free to read: Who will audit India’s new assets? A veteran of the country’s auditing and corporate scene is sounding the alarm bells. Read more in the latest India Edition newsletter. https://tinyurl.com/3xhmu6uw

Rate hold: South Africa’s central bank kept its benchmark interest rate unchanged, while signaling that borrowing costs are likely to stay higher for longer because of persistent inflation risks. https://bloom.bg/3RuM2HW

Rate delay: Nigeria’s central bank postponed a rate-setting meeting after the nation’s president overhauled its leadership and as the local currency plunged to record lows. https://bloom.bg/3LwTwGG

Next top currency: Gambia’s currency is poised to extend its run as Africa’s best-performing currency this year, supported by stronger remittance and tourism inflows. https://bloom.bg/3LyWJFv

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Canada has accused India of masterminding the assassination of Canadian citizen, Hardeep Singh Nijjar, a Sikh separatist activist.

India has called the allegations "absurd." Here's what you need to know: https://trib.al/tljKchf

Index inclusion: JPMorgan will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation’s debt market. https://tinyurl.com/3ufwe8ky

Travel difficulties: India's suspension of visa applications in Canada amid escalating diplomatic row has left tourists, business travelers and even some former Indian citizens in a limbo. https://tinyurl.com/3yha9xhy

The Apple craze: Chinese customers flocked to Apple stores to buy the latest iPhone 15 despite government restrictions and local competition, an encouraging sign for the world's most valuable company. https://tinyurl.com/yhedf7xe

Bird flu: South African poultry companies are facing losses following the outbreak of a highly pathogenic avian influenza. https://bloom.bg/3PQusNn

Naira rout deepens: Nigerians’ stampede for dollars shows no sign of abating, with a leadership vacuum at the central bank seen hampering any effort to lift the currency from record lows. https://bloom.bg/3EPFKLy

Cautious rate hold: Egypt kept interest rates unchanged amid signs of softening inflationary pressures, likely refraining from further monetary tightening. https://bloom.bg/3PuuqZT

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Thailand's new leader Srettha Thavisin says he's "saddened" by US-China conflicts and that one of his "greatest fears" is being forced to choose sides.

“I would like both the Chinese and the Americans to benefit from Thailand being open for business to both countries,” he says. Read more from his interview: https://trib.al/RIYnuj3

Thailand will end the free use of cannabis, a year after becoming the first in Asia to decriminalize the drug, its new leader Srettha Thavisin says.

Weed can be used for medical purposes only, he says.

Read more on how he plans to “rectify” the nation's cannabis policy: https://trib.al/T6ktflf

Global high table: India’s $1 trillion government bond market has struggled for years to rise above the criticism of being insular. That's set to change. https://tinyurl.com/54td2fya

More inflows: JPMorgan's mergers and acquisitions head is predicting investors are looking to pour up to $150 billion more in India. https://tinyurl.com/5n6syhaz

Surging popularity: Apple’s basic iPhone 15 model is taking almost twice as long for deliveries this year than its predecessor, signaling high demand for the company’s latest handsets. https://tinyurl.com/bdhuhdsx

Tailwinds: JPMorgan CEO Jamie Dimon in an interview says optimism on India is "completely justified." Click to find out more. https://tinyurl.com/bd99kfbh

He also warned the world may not be prepared for a worst-case scenario of Federal Reserve interest rates hitting 7% along with stagflation. https://tinyurl.com/du5t92mj

Hiring trends: The year after Black Lives Matter protests, the S&P 100 added more than 300,000 jobs — 94% went to people of color. Read The Big Take. https://tinyurl.com/4rdpysk3

With millions of Indians pursuing careers abroad and sending cash home to their parents, families have money to spend but can no longer depend on their offspring to care for them as they age. That has sparked a boom in retirement communities.

Compared to Japan and the UK, India's retiree industry is still in its infancy, but is expanding aggressively. Retirement communities in India have increased to roughly 60 from 36 in 2020, and the market is expected to expand at 10% annually over the next five years. Read more: https://trib.al/ZcwNUfa

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Naira’s new low: Nigeria’s currency fell to the psychologically important threshold of 1,000 per dollar on the parallel market on Tuesday as lawmakers prepared to vet Olayemi Michael Cardoso as the new head of the nation’s central bank. https://bloom.bg/3talOQZ

Energy transition challenges: South Africa’s main coal producing province of Mpumalanga, the focus of the country’s $8.5 billion Just Energy Transition Partnership, has received no government funding to help workers and communities find alternative livelihoods. https://bloom.bg/3PRZK6p

Anti-LGBTQ law impact: Uganda expects the World Bank to rescind a decision to halt new loans because of its passage of anti-LGBTQ legislation before it concludes budgeting for the next fiscal year. https://bloom.bg/3RBOZX9

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

India’s top diplomat accused Trudeau’s government of not taking action against extremists living in Canada because it was politically inconvenient. https://tinyurl.com/yxudpmmb

Here's how the diplomatic standoff threatens to spill over into their economies. https://tinyurl.com/5n8jwbv6

China's gold market is commanding a record premium over international prices as a weakening yuan and a property crisis spark a flight to safe assets. https://tinyurl.com/28sfmuy4

Digital rupee: The Bank of Mauritius said plans to launch a central bank digital currency are making strides and it will begin a pilot project. https://bloom.bg/3ZvTVyM

Forex blunders: The Kenyan shilling’s sharp slide against the dollar follows years of policy missteps at the central bank, according to the treasury secretary. https://bloom.bg/3ZyrjVy

Stats chief arrested: The Zimbabwe Anti-Corruption Commission arrested the head of the national statistics agency over allegations of corruption and corporate misconduct. https://bloom.bg/458ekuL

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.

Trading halt: Chinese property giant Evergrande and its units suspended trading in Hong Kong, a day after its founder was placed under police control. https://trib.al/KdSyhcg

Here’s all you need to know about the rise and fall of its detained rags-to-riches founder Hui Ka Yan. https://trib.al/MLIgSPz

Apple woes: Some of the first owners of Apple’s iPhone 15 Pro and Pro Max are complaining that the new devices get too hot during use or while charging. https://trib.al/VtuoOWT

Free to read: Does the India-Canada clash benefit China the most? Here's what’s at stake for India after the political standoff with Canada. https://trib.al/FpwgRz6

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The rivalry between Asia’s two biggest countries has gone extraterrestrial.

After India landed its Chandrayaan-3 rover on the moon last month — becoming the first country to put a spacecraft near the lunar south pole, and breaking China’s record for the southernmost lunar landing — a top Chinese scientist says claims about the accomplishment are overstated.

Ouyang Ziyuan, lauded as the father of China’s lunar exploration program, told a science newspaper the rover actually landed 619 kilometers (385 miles) from the polar region. Read more here: https://trib.al/Tqqa3Kq

Diplomatic row: US Secretary of State Antony Blinken met with his Indian counterpart as tensions between two of Washington’s key allies, Canada and India, grow over the killing of a Sikh leader. https://tinyurl.com/mr2weuww

New hire: Ambani's JioCinema plans to appoint former Google general manager as CEO, sources say, leading the streaming service's efforts to broaden its reach among mobile customers. https://tinyurl.com/5es8yucz

Falling beer sales: Vietnam’s sluggish economy is hitting many where it hurts the most: their thirst for beer. https://tinyurl.com/ycxjtcd3

As the Paris Fashion Week unfolds this week, pressure is growing for brands like Dior to do more to recognize the highly skilled artisans in Mumbai and suppliers elsewhere — the hidden hands shaping red carpet looks for Cannes and the Met Gala, and gowns worn by celebrities. https://trib.al/95yNLyc

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