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Monday, June 17, 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

No insult to Ayurveda. AIIMS an attempt to bring good standards of medical education—Amrit Kaur

On 18 February 1956, 'Rajkumari' Amrit Kaur, India's first health minister, moved the Bill in Lok Sabha for the establishment of AIIMS in Delhi. She wanted it to have the powers and functions of a university because it will 'probably make revolutionary changes in curriculum as well as in modes of teaching'.

Cash-strapped Karnataka hikes fuel tax by Rs 3/l, could earn Rs 2,500-3,000 cr more per yr

Move to bring down differences in commodity prices with neighbouring states, says government. Oppn, dealers blame it on welfare, Congress's guarantees.

With an eye on China, IAF expands taxi track at Leh airport, new shelters being built

Expanded taxi track is smaller than those meant for civilian operations, but is long enough for fighters & military transport aircraft to operate.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.