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Mamdani's New York rise: Welfarism versus populism

Mint Chennai

|

July 01, 2025

There's a crucial difference between the two and his plan for the city might be just what it needs

- AJIT RANADE

The 33-year-old Uganda-born son of immigrants, Zohran Mamdani, defeated 67-year-old Andrew Cuomo, three-term governor of New York state, in the city's mayoral primary poll for a Democratic party candidate. Mamdani's thumping victory has sent shockwaves in the party and exposed a divide between moderates and progressives. Cuomo has name recognition. He represents a powerful political dynasty, is a well-funded establishment figure and was backed by national heavyweights and endorsed by labour unions. Mamdani is a relatively unknown democrat socialist with a left-wing vision for the city, focused on issues of affordability, fairness and redistribution. If elected, he would be New York City's first Indian-American mayor and also the first Muslim to hold that office. His win made news in the US as a major upset that has overturned expectations and perhaps signaled an ideological shift. Mamdani was careful to assert that if elected, he would duly represent all New Yorkers.

FLERE HISTORIER FRA Mint Chennai

Mint Chennai

Mint Chennai

Govt plans mkt platform for AI startups

The next phase of India’s AI Mission will pivot toward building a marketplace to commercialize the models and applications built by the startups that were funded in its initial tranche, Abhishek Singh, additional secretary at the ministry of electronics and IT (MeitY) and chief executive of the IndiaAl Mission, said in an interview.

time to read

1 mins

February 19, 2026

Mint Chennai

Good rain, GST cut, early Chaitra Navratri to drive record tractor sales

Tills ringing

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2 mins

February 19, 2026

Mint Chennai

Mint Chennai

Medikabazaar eyes ₹450-cr fundraise after audit fallout

Medical supply chain platform Medikabazaar—which is seeking to steady itself after a governance scandal three years ago that led to a board overhaul—is looking to raise around ₹450 crore (about $50 million) in a fresh round of funding from existing and new investors as it plans to expand its footprint, the company's chief executive told Mint.

time to read

1 mins

February 19, 2026

Mint Chennai

Mint Chennai

Ola's changing tunes shake investor trust

Ola Electric Mobility Ltd’s ever-changing commentary on every aspect of the business has left industry observers and analysts questioning the company’s future.

time to read

1 min

February 19, 2026

Mint Chennai

India-UK task force to boost wind capacity

Union minister for new and renewable energy Pralhad Joshi and David Lammy, the deputy prime minister of UK, launched a task force for the development of offshore wind energy in India on Wednesday.

time to read

1 min

February 19, 2026

Mint Chennai

Mint Chennai

India's climate adaptation gap: Address it for the sake of growth

Let’s start early: Our economic strategy must adapt the country to climate adversity well before warming reaches 2° Celsius

time to read

3 mins

February 19, 2026

Mint Chennai

Humain invests $3 bn into Elon Musk's xAI

Saudi Arabian artificial intelligence company Humain has invested $3 billion into Elon Musk’s xAI, deepening ties between the world’s richest man and the kingdom as it pushes to become a global AI powerhouse.

time to read

1 min

February 19, 2026

Mint Chennai

Mint Chennai

JM Financial's new ₹1,500 crore fund eyes pre-IPO bets

JM Financial Asset Management has launched a ₹1,500-crore category II alternate investment fund (AIF) to invest in pre-IPO companies, according to a top executive at the firm.

time to read

1 mins

February 19, 2026

Mint Chennai

Mint Chennai

Can a data centre boom catapult us to Al glory?

A proliferation of data centres may serve some purposes but we can't expect it to make much of a difference to India's cause of emerging as a sovereign player in artificial intelligence

time to read

2 mins

February 19, 2026

Mint Chennai

Mint Chennai

NDA set to be top bloc in Rajya Sabha by year end

Biennial elections to fill 37 Upper House seats will conclude on 16 March

time to read

2 mins

February 19, 2026

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