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Thursday, November 20, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Pentagon names 20 ‘Communist Chinese military companies’ operating in US, sanctions likely

The list of companies, which includes Huawei, is mandated under the Defense Authorization Act, 1999. No US govt, though, has ever put out the required report.

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.

On Camera

Indira Gandhi sought to enlarge freedom while pursuing peace: Michelle Bachelet Jeria

The ex-Chilean president was awarded the 2024 Indira Gandhi Prize for Peace, Disarmament and Development for her work on gender equality, human rights, and democracy.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.