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Sunday, November 23, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Modi govt has been forced to rescue small businesses as banks are refusing to lend

Indian banks are accepting penalty rates & hoarding cash with the Reserve Bank of India, choosing safety as the pandemic cripples economic activity.

Coronavirus could cost global economy $8.8 trillion – that’s almost 10% of global GDP

The new estimates by ADB are more than twice the range of $2 trillion to $4.1 trillion the development bank gave 3 April.

Trump says he doesn’t want to talk to Xi as coronavirus tensions with China rise

Trump has sought to blame China for the coronavirus pandemic as public confidence in his handling of the US outbreak has sunk.

One Delhi bar makes it to list of Asia’s 50 Best Bars

From New Delhi to Tokyo, here’s where to have a drink in style. When many of the bars open, that is.

IAF to buy 83 more Tejas fighters from HAL instead of foreign jets, CDS Rawat says

The induction of Tejas will help India emerge as a key defence exporter due to its ‘relatively low price’, Rawat says.

Serbia kicks off campaign to woo Chinese tourists all the way from Europe

For China, Serbia is one of the biggest successes in its quest to build economic ties with Europe, while the Chinese made up the bulk of tourists in Serbia last year.

World Trade Organisation chief Roberto Azevedo plans to step down early

The 62-year-old Brazilian has served as the WTO’s director-general since September 2013 and his second four-year term began in September 2017.

You can’t put a price on face masks in this crisis. Italy did, and it’s learning a hard lesson

With Italy capping the price at a low mark, pharmacists say they are struggling to replenish stocks as foreign producers prefer to sell their goods elsewhere.

Israel to swear in govt led by Netanyahu days before his corruption trial begins

Netanyahu clinched another stint in office after Israel's highest court rejected a plea claiming he was unfit to govern given the criminal charges against him.

How second Covid waves are hurting recovery in China, South Korea and Hong Kong

After containing outbreaks, Hong Kong, South Korea and China are now facing resurgences that underscore how it may be nearly impossible to eradicate it.

On Camera

In Tejas Dubai crash, the harm goes beyond the loss of an aircraft and pilot

Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.

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.

From a small Kangra village to Tejas cockpit: IAF fighter pilot Namansh Syal’s journey cut short

Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.