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Saturday, November 1, 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

Game on in Gujarat — Ahmedabad is building India’s new sports economy

The massive success of the IPL is a watershed moment in Indian sports. It proved that sports could be an incredibly profitable commercial venture. The glamour, the glitz, and the spectacle of it didn’t go unnoticed.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.