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Wednesday, June 26, 2024
TopicBloomberg wire

Topic: Bloomberg wire

WikiLeaks Assange accused of conspiring with ‘Anonymous’ hackers

According to the US Justice Department, the indictment doesn’t add new charges against Assange but broadens the conspiracy allegations against him.

Coronavirus races through US, now predicted to kill 1.8 lakh by October

The spike in cases comes as states across the US have either already lifted or are easing lockdown orders, many at the behest of President Donald Trump.

Australia records largest spike in Covid-19 since April

Australia managed to limit its number of Covid cases to about 7,550, but as restrictions eased, Victoria saw a double-digit increase for nine straight days.

India’s petrol, diesel demand yet to recover fully despite end of Covid lockdown

Operations across 23 refineries nationwide were at 77% of capacity in May & amount of crude processed was almost 25% lower year-on-year.

Trump’s HCQ push still keeps US door open for India’s banned Ipca Labs

US FDA Tuesday reversed its chloroquine import waiver for Ipca but still allowed it to import hydroxychloroquine into the US.

Why Modi’s goal to make India ‘Atmanirbhar’ is going to be anything but easy

India is simplifying labour laws & has cut corporate tax rates but cumbersome land acquisition rules, forex controls & lethargic bureaucracy are challenges.

Virus disruption will push rupee to record 80/dollar, says Reliance forex head

Rupee has stronger link with growth & metrics like current account, balance of payments & global dollar dynamics have marginal impact, says Venkat Thiagarajan.

Kim Jong Un’s erratic behaviour shows North Korea is stuck

Two years since a flurry of summits with South Korean President Moon Jae In, US President Donald Trump and China’s Xi Jinping, Kim still hasn’t achieved relief from sanctions.

Amazon, Flipkart to show Made-in-China labels for India amid border tension

The e-commerce giants joined about a dozen other online retailers including Jio Platforms in agreeing to the move as anti-China sentiment has escalated since Galwan Valley clash.

Sweden’s Covid expert says ‘world went mad’ with lockdowns

Sweden epidemiologist Anders Tegnell said he advised against restricting movements as it can create problems including increased domestic abuse and mass unemployment.

On Camera

China activates ‘freedom in Tibet’ propaganda triggered by US-Dalai Lama meet in Dharamshala

India has avoided using the so-called Tibet card in the past but even this issue isn't off the table now as New Delhi works with the US to address the China factor.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

India’s 15-yr quest for anti-tank missile: Israeli Spike, DRDO option, back to US for Javelin talks

Recent high-profile visit was of US National Security Adviser this month during which a number of key issues, including military cooperation, was discussed by both sides.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.