scorecardresearch
Wednesday, August 27, 2025
TopicBloomberg

Topic: Bloomberg

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.

Cases of Monkeypox confirmed in UK and US: Experts discuss if it is a cause for concern

The disease, contracted from infected wild animals, spread from an infected man who had recently travelled to Canada. However, health officials say the case poses no public risk.

On Camera

India will absorb Trump tariff impact due to its Achilles’ heel

Like China, India remains a big domestic market, which will continue to attract investment, but the US tariffs will make India unattractive for future investments.

New insolvency frameworks to shorter timelines, how 2025 amendment bill proposes to transform IBC

New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.

Op Sindoor lesson: IAF chief bats for joint planning & coordination centre in Delhi, not theaterisation

Contrary to claims regarding implementation of theaterisation, ThePrint first reported on 17 June 2021 that it will be delayed. Now, ACM Singh bats for different structure.

That Oval Office picture for ages deserves closer Indian reading, with a geopolitical lens

Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.