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Saturday, February 28, 2026
TopicBloomberg wire

Topic: Bloomberg wire

The many woes of Keir Starmer are mainly self-inflicted

A Politico poll finds 52% want Starmer to quit over Epstein-linked Mandelson’s appointment and arrest. Slow growth, high taxes and strained services add to doubts about his leadership.

New GDP series may lift FY growth to 7.6%, above govt’s 7.4% estimate

New Delhi remains optimistic on growth this year and next. A recent US trade deal may lift estimates, but uncertainty looms after the US Supreme Court struck down Trump’s tariffs.

Jack Dorsey’s Block slashes 4,000 roles in AI-driven overhaul

After the announcement, Block’s stock jumped up to 27% in extended trade. The layoffs add to fintech and tech cuts, with firms from Amazon to Salesforce citing AI to trim staff.

AI to disrupt India’s software sector but ‘doomsday fears’ overstated, says Raghuram Rajan

The ex-RBI governor, in an interview, said many firms globally have yet to implement AI at scale, leaving opportunities for the Indian software firms. The transition will be gradual and a large scale displacement is unlikely.

Global funds return to India as stabilising corporate earnings, US trade deal lift outlook

Global funds have bought nearly $2.1 billion of local shares so far in February, putting inflows on track for the strongest since June.

India is the AI world’s most valuable unpaid intern

More than building foundation models, setting equitable data policies is where India has the biggest opportunity to truly lead the Global South in the AI era.

Indian banks speed up bond purchases as holdings near regulatory minimum threshold

State-owned banks bought $2.5 billion of bonds in February, the biggest monthly purchase since 2006, after selling heavily over the past year as the RBI injected liquidity.

Carney’s India visit to seal diplomatic reset after Nijjar row. AI, uranium, critical minerals on agenda

Dinesh Patnaik, India’s high commissioner in Ottawa, said the trip will span an “immense” agenda that may be formalized in cooperation agreements covering research, AI, and education.

Cricket could rescue a lot more than Imran Khan

Whatever you say about Imran, his imprisonment appears inhumane and unfai, and an offence to the spirit of fair play and decency cricket claims it upholds most.

How India’s economy really rivals Japan’s

On 27 February, India will shift its GDP base year to 2022-23 from 2011-12. The update could lift output estimates and signal India overtaking Japan as the fourth-largest economy.

On Camera

Modi mainstreamed Israel like no Indian PM before. Delhi must stay alert to regional realities

Four broader factors will shape the trajectory of India-Israel relationship. Failure to anticipate these possible unintended consequences now may complicate its future direction.

Indian economy to grow faster than expected at 7.6% in FY26, shows govt data under new series

Under new base year, FY2025-26 GDP growth revised up to 7.6 percent; Chief economic advisor revises growth for FY 2026-27.

India orders more Polish drones, Indian firm keen to set up plant to fill ‘empty’ arsenal—Warsaw’s envoy

New Delhi: India is right to pursue and strike terrorists where they are, as during Op Sindoor, Poland’s Ambassador to India Dr Piotr Antoni...

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.