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Monday, November 24, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Indian states face a double whammy: Spend more to fight virus, pay more to borrow funds

Indian states already face severe revenue pressures because of delayed payouts from central government & a halt in economic activity due to lockdown.

How a WhatsApp ‘Hi’ can transform India’s $1 trillion digital payments market

WhatsApp gives the Jio-Facebook deal a big edge in India’s fast-growing cashless payments market which is estimated to be worth $1 trillion by 2023.

Modi needs to give migrant workers a ‘New Deal’ to get them back to the cities

Migrant workers tossed out of cities with no food, shelter or transport won't return without a New Deal: Nest eggs for old age and healthcare.

China’s virus response shows it’ll do anything to see me lose elections, Trump says

Trump said he was considering various ways to punish the Chinese government, which he has blamed for allowing coronavirus to spread across the world.

Remdesivir trial shows Covid-19 patients recover faster, could be first effective drug

The US trial looked at whether Gilead’s remdesivir helped people with Covid-19 recover faster than without it.

British Airways to slash almost 30% work force as aviation industry worsens

These steps are likely to be repeated by other airlines in days to come, after flight restrictions threw the industry into its steepest downturn ever.

How Kim Jong Un’s uncle has become suddenly relevant after 4 decades abroad

Kim Pyong Il, 65, is the last known surviving son of North Korea’s founder, Kim Il Sung. He spent about four decades overseas in diplomatic posts abroad.

Coming soon on Netflix: ‘Social Distance’, a Covid show from ‘Orange Is the New Black’ maker

Jenji Kohan, creator of ‘Weeds’ & ‘Orange Is the New Black’, is producing ‘Social Distance’, a comedy in which actors will film themselves from their homes.

With $600 billion bet on infrastructure, China plans to build its way out of virus slump

China plans to issue special bonds and splurge their proceeds like it did after the 2008 global financial crisis – on roads, airports, and railways.

How coronavirus vaccines can reach the market faster with the right incentives

Vaccine makers need to be encouraged to develop coronavirus vaccines and get them widely distributed as soon as possible. And it has to be worth their while.

On Camera

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.

US pilot says his team pulled out of Dubai Air Show after Tejas crash out of respect for IAF pilot

Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.

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.