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Saturday, October 11, 2025
TopicBloomberg

Topic: Bloomberg

Meant to tackle pirated DVDs, ‘Ashok Kumar orders’ are now potent weapon in defamation cases

John Doe injunctions, known as ‘Ashok Kumar orders’ in India, were meant to stop piracy, but are now being weaponised to silence journalists, publishers and activists.

Michael Bloomberg to cover US financial obligation to UN’s climate framework after Trump exits Paris pact

The media mogul who served as NYC mayor is America’s UN special envoy on climate change.

Ministry of Corporate Affairs orders inspection into Byju’s account books, reports Bloomberg

Troubles have been mounting for the edtech company, with the company falling behind in payments to a national pension fund.

India pushes for $7.7 billion value for IDBI Bank in stake sale, says reports

Potential investors, ranging from domestic and foreign banks to non-banking financial firms and private equity funds, have shown initial interest, Bloomberg reported.

Chai Pani, which serves Indian chaat in North Carolina, voted America’s best restaurant

The Ashville eatery was named America’s most Outstanding Restaurant at the James Beard Foundation Awards in Chicago on Monday, topping nominees such as Brennan’s in New Orleans.

Millennials in India making riskier investments, in bid to boost returns rocked by inflation

More Indians are venturing into volatile territory by pouring money into new and lightly controlled assets, investing in peer-to-peer lending and cryptocurrencies.

Rupee falls to a record low at 78.28 per dollar, stocks slide amid global risk-off fears

The rupee slid as much as 0.6% on Monday, after having hit a series of recent lows. The benchmark S&P BSE Sensex Index slid about 2.8%, and bonds also declined.

China issues private warnings to US over Taiwan Strait status, US officials concerned

While China regularly protests US military moves in the Taiwan Strait, the legal status of the waters previously wasn’t a regular talking point in meetings with US officials.

Loan demand at SBI rising despite inflation, higher borrowing costs, says chairman

Loan growth at India's biggest lender is expected to be robust, underpinned by demand from businesses after two straight years of credit contraction.

Oklahoma lawmakers pass US’s ‘strictest’ abortion bill for near-total abortion ban

If signed by governor Kevin Stitt, the law would ban nearly all abortions at conception and would allow civilians to sue those they believe have performed or aided an abortion.

On Camera

If fundamental right to property can be taken away, so can all the others: AG Mulgaokar

If this step even partially achieves its desired results, there will be so much dislocation in the country’s economic structure as to prove a national calamity, advocate AG Mulgaokar wrote in 1969.

Niti Aayog recommends fully decriminalising 12 offences under new I-T Act to ‘foster more trust’

Recommendations appear in Niti Aayog’s Tax Policy Working Paper Series–II. It says there is a need to shift away from fear-based enforcement to trust-based governance.

India, UK sign £350 mn deal for Martlet. What are these Lightweight Multirole Missiles

In service with the British military since 2019, it is also known as the Martlet missile. Ukrainians have also deployed these missiles against Russian troops.

CJI, IPS, IAS & Homebound: A wake-up call 75 years in the making

Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.