scorecardresearch
Friday, August 15, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India soaks up major Russian oil variety as flows persist

India is doubling down on Russian crude oil purchases despite warnings from the US, snapping up every major grade from the OPEC+ producer as its war in Ukraine nears a third month.

Russian billionaires face fresh blow after Putin bans firms from foreign stock listings

Putin signed off on legal amendments that require Russian companies to delist their overseas shares, winding up a process that has gathered pace with the annexation of Crimea in 2014.

Rape is a war crime that goes unpunished

What’s happening in Ukraine is one of the worst large-scale campaigns of sexual violence in war since Islamic State’s attacks on the Yezidi minority in Iraq in 2014.

JSW Group plans to switch majority of its bonds to green instruments

There is a 'high-probability' the company will switch to only selling sustainability-linked bonds or green bonds over the next five years, group CFO Seshagiri Rao said.

SC reserves verdict on mining companies’ pleas to lift ban on iron ore export from Karnataka

The Indian Steel Association has opposed the petitions by mining companies, saying allowing exports will benefit Chinese steelmakers.

Pakistan’s political crisis that toppled Imran Khan’s govt has been an energy crisis too

Successive governments have failed to back renewables, cutting the country off from the cheapest source of indigenous energy. The new PM Shehbaz Sharif could change all that.

Holcim considering sale of $9.6 billion stake in Ambuja cements

The Swiss giant is considering a potential sale of businesses in India including Ambuja Cements Ltd. Holcim controls 63.1% of Ambuja, which has a market value of about $9.6 billion.

Indian backdoor for Russian oil weakens calls for European ban

India’s diesel exports in March were highest since April 2020 when it hit 847,000 barrels a day, according to Jane Xie, a senior oil analyst at data and analytics firm Kpler in Singapore.

Infosys sales forecast trend lower than expert estimates as demand for IT services cool down

Revenue this fiscal year ending in March 2023 will increase 13% to 15% in constant currency terms, lagging the 17% growth analysts had projected on average.

With only 1.5% rise in prices last month, China can teach the West a lesson on inflation

The US reported 8.5% year-on-year jump in March, while inflation in the UK soared to 7%, a 30-year high.

On Camera

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

Be ‘atmanirbhar’ and go ‘swadeshi’: PM Modi’s clarion call to nation on 79th Independence Day

New Delhi: 'Atmanirbharta' and a call for 'swadeshi' were the mainstay of Prime Minister Narendra Modi’s longest Independence Day address Friday, at a time...

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.