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Monday, November 24, 2025
TopicBloomberg wire

Topic: Bloomberg wire

New wave of anger against Muslims threatens to hurt India’s virus fight

In Mumbai’s Dharavi, a Covid hotspot, Muslims are afraid to self-report because the rising discrimination has made them afraid, authorities say.

Zoom Shaadi Mubarak! Even Covid can’t stop these Indian couples from tying the knot – online

Nuptials fixed on dates dictated by astrological charts have been hurriedly transformed into digital ceremonies over Zoom, YouTube & Google Hangouts.

Coronavirus lockdown subdued ‘animal spirits’ of Indian economy in March

A sharp contraction in exports & decline in services sector activity weighed on the economy, with half of 8 high-frequency indicators showing weakness.

Vietnamese hackers targeted key Chinese officials to access coronavirus information

Chinese officials & diplomatic missions have come under repeated attack online from hackers trying to gain access to pandemic information.

Credit Suisse signals worst may not be over after $1 billion-hit due to Covid-19

Credit Suisse, Switzerland’s second-largest lender, is giving the first window into how European lenders fared after Covid-19 crisis began worldwide.

Bond yields plunge as RBI readies to redeploy debt operation

The yield on 10-year bond dropped 20 basis points, the most since 27 March, to 6.02%, after RBI said it would buy long-term debt while selling bills.

South Korea’s economy suffers worst contraction since 2008

According to Bank of Korea, the country's GDP shrank 1.4% in the three months through March from the prior quarter, due to fall in consumption.

Global markets will punish India for fiscal excesses: Former RBI governor Duvvuri Subbarao

Duvvuri Subbarao believes acting on calls for the RBI to directly fund the government borrowing will dent the central bank’s credibility.

Why some Covid-19 tests are more meaningful than others

Testing to detect the coronavirus is improving but the results can lead to wildly different conclusions.

The coronavirus recession has all the ingredients to beat the Great Depression

Let's hope this depression won’t last a decade, but an unprecedented slump followed by years of pain seems inevitable.

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.