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Tuesday, June 9, 2026
TopicBloomberg wire

Topic: Bloomberg wire

Xi visits North Korea to boost influence over emboldened Kim

Xi's first trip to North Korea since 2019 underscores efforts to remind Kim that Beijing remains Pyongyang's most important political patron, amid its deepening alliance with Russia.

Ukraine targets St Petersburg on final day of Russian investment forum after Putin rejects talks

These strikes came hours after Zelenskyy's open letter to Putin for face-to-face talks were rejected by Moscow and also ahead of the Zelenskyy-Europe talks

Top White House AI adviser Sriram Krishnan to step down from post

Pentagon warned senior American officials could become targets of surveillance. An official also told NBC that US already implements strict safety measures during Israel visits.

India scraps taxes, caps on bond ownership for foreign investors in bid to attract overseas capital

India scrapped taxes and removed caps on the ownership of some bonds for foreign investors to attract overseas capital and stabilize the rupee, which...

Iran allows Bushehr inspections but blocks checks on enriched uranium stockpile

Iran allowed IAEA inspectors to visit Bushehr nuclear plants but has not disclosed the status of its enriched uranium stockpile, raising concerns over monitoring and safeguards.

SEBI says Rajesh Exports, owner of Swiss gold refiner Valcambi, overstated revenue

Rajesh Exports prima facie misrepresented about $159 bn—equaling 99.8% of its revenues from subsidiaries over five fiscal years through March 2025—SEBI said in its order.

Modi’s high-stakes push for sovereign AI faces reality check

India’s ambition to build and export a sovereign AI template across the world is colliding with structural constraints.

US & Five Eyes intelligence warn of Chinese spy recruitment drive on LinkedIn & job sites

FBI, Britain's MI5 and intelligence agencies of Australia, Canada & New Zealand issued joint statement, stating China is using online job platforms to target Five Eyes personnel.

India considering tax cut plans to draw more foreign investments

Cabinet, Wednesday, is expected to consider whether it should eliminate the 20% levy on interest earned from bonds, or reduce it to a bare minimum.

RBI says report on selling gold incorrect, physical stock remains unchanged

Bloomberg Economics had reported that the central bank likely sold gold reserves worth about $12 bn in the two weeks through May 22, while buying $7.5 bn of foreign-currency assets.

On Camera

Maa Behen and the sleeveless blouse—a lazy symbol to stage a real conflict

Suresh Triveni’s Netflix film wants viewers to believe that a sleeveless blouse attracts judgement in an urban neighbourhood today. Have we all time-travelled to the 1970s?

OMCs losing Rs 600-700 cr daily despite LPG price hike, diesel under-recovery at Rs 30 a litre

Difficult to assess any substantial impact of price hike as Saudi Contract Price benchmark for LPG continues to remain elevated due to strong demand, says a senior official.

Rajnath’s stern message to HAL—stick to your commitment, don’t overpromise

Defence minister helmed a review meeting of HAL projects which was attended by CDS Gen N S Raja Subramani, IAF chief Air Chief Marshal A P Singh, CMD of HAL Ravi Kota and others.

Three destroyers of Brand India. It’s all in our cities

The central curse of our urban governance isn’t that more voters live in these slummified villages. It’s that the political class panders to them instead of improving their quality of life.