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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

How to start solving America’s gun culture problem

America’s gun scourge is not about mental illness. It is, and always has been, about the 400 million guns that remain largely unregulated on the streets.

Modi govt to allow duty-free import of soybean, sunflower oil, cool surging prices

The government will permit purchases of 2 million tons each of the two vegetable oils per annum this fiscal year and the next, according to a notification by the finance ministry.

US unveils 13-nation economic pact to assert Asia leadership

The Biden administration announced that a dozen Indo-Pacific countries will join US in an economic initiative designed to counter China’s influence in the region.

India stalls privatisation of state-owned Bharat Petroleum as bidders exit

There was only one potential buyer left in the fray for purchasing the government’s 53% holding in the company. India didn’t want to proceed with a single bidder, official said.

Asian refiners to ramp up gasoline exports to US as sky-high prices beckon

In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.

Gautam Adani and Mukesh Ambani reap benefits from surging oil & coal

Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. While Ambani is snapping up distressed crude-oil cargoes at discounts to feed Reliance's refining complex.

Climate change is making India and Pakistan heat more intense

'Spells of heat have always been a feature of the region’s pre-monsoon climate during April and May,' Nikos Christidis, the scientist who produced the report, said in a statement.

Sri Lanka sees inflation touching 40% after holding rates

Governor Weerasinghe said retail inflation, which quickened to almost 30% in April, will accelerate further amid a shortage of dollars to pay for imports to ease shortages.

Ronojoy Dutta to step down as IndiGo CEO, KLM president Pieter Elbers to take over

Pieter Elbers will join the carrier on October after Dutta's retirement in September. Elbers' term as the head of KLM Royal Dutch Airlines is ending on 1 July.

Elon Musk’s talks with Twitter started with Jack Dorsey and Egon Durban

During the course of 26 March, Musk chatted to Dorsey and Durban about his plans for the social media platform, including that he had taken a 'significant stake' of more than 5% in the company.

On Camera

SC order on stray dogs is like Tughlaq’s march to Daulatabad—grand in tone, empty in substance

SC’s order asks institutions to breed unnecessary panic and build fortresses, when they are yet to achieve basic safety or dignity.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.