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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Russia is right. US is waging ‘proxy war’ in Ukraine

Proxy wars are longstanding tools of great-power rivalry because they allow one side to bleed the other without a direct clash of arms.

SEBI probes Schroders, Axis AMC partner, for alleged ‘front running’ by officials

Axis AMC, country's seventh-largest asset manager with $32 billion in assets, Friday said it had suspended 2 fund managers pending an investigation due to potential irregularities.

Foreign institutional investors shun LIC’s IPO over market risks

LIC has been seeking to drum up interest with newspaper advertisements since the start of the year, seeking to take advantage of a retail investment boom in the country.

Hong Kong’s hardline next leader John Lee shows flexibility behind scenes

Lee, a former cop and security minister, emerged as a leading advocate for cracking down on Hong Kong’s pro-democracy opposition over the past three years.

India’s dependence on coal is unaffordable

Federal minister in charge in 2017 complained that a third of India’s coal-based capacity depended on imports, while cheaper Indian coal isn’t of the quality plants are designed to handle.

Covid killed one out of every 500 people globally, WHO report shows

The WHO’s new estimate is more than twice the figures from individual governments’ reports showing about 6.2 million Covid deaths.

Modi govt plans to cut taxes on edible oils to cool surging prices

India, the world’s top importer of vegetable oils, is looking to cut the agriculture infrastructure and development cess on crude palm oil imports.

Gautam Adani seeks to boost his media investments in ambitious expansion plan

Scaling up the media business will give Adani a meaningful presence in an industry where Mukesh Ambani has already made his mark through his Network18 Media & Investments Ltd.

Govt turns to expensive foreign LNG to ease power crisis

Torrent Power & GAIL India bought LNG for May delivery in the last week, with the fuel set to be used to help power plants boost generation.

India’s surprise rate hike spurs aggressive tightening bets

The Reserve Bank of India stunned markets Wednesday with a 40 basis point rate increase and a move to suck out billions from the banking system.

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.