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Monday, November 24, 2025
TopicBloomberg wire

Topic: Bloomberg wire

US FDA says smokers could have higher risk of catching coronavirus

FDA had earlier said smokers may have worse outcomes from Covid-19, but hadn’t been explicit about whether that included chances of infection in the first place.

NBFC crisis is a big hurdle in India’s path out of the pandemic

If bad loans rise as many expect, banks & NBFCs are set to become ever more cautious just when credit is most needed to keep the economy going.

RBI stops defending the rupee as forex reserves rise and volatility falls

Slowdown in RBI intervention has come since US Fed launched temporary facility allowing other central banks to swap treasuries for dollars.

Resist loading up on stocks, it’s too uncertain, Kotak says as markets return to bull zone

Indian equities entered technical bull market zone last week as policy makers ramped up stimulus to contain the fallout of virus pandemic.

Netflix promises it won’t run out of TV shows anytime soon, so keep bingeing

Netflix has already finished production on almost all of its slate for this year, and has also finished filming many programmes for next year.

India’s large young population could actually make Covid herd immunity strategy work

The herd immunity strategy could result in less economic devastation and human suffering than restrictive lockdowns designed to stop the virus’s spread.

India’s lockdown sees clean energy sources gain at the expense of coal

Nuclear & hydropower made up 27% of India’s total generation, up from 22%, and coal shrank to 65% from 71%, as of 15 April.

Facebook to invest $5.7 billion in Mukesh Ambani’s Jio Platforms

Facebook will buy about 10% of Jio Platforms & the deal will bring together JioMart, an e-commerce venture of Mukesh Ambani, and WhatsApp.

How Singapore flipped from virus hero to cautionary tale

Singapore is a cautionary tale of how even countries experienced in handling epidemics can be wrong-footed by this elusive disease.

Japan and IOC make conflicting statements about Tokyo Olympics

Questions about the timing of the 2020 Summer Olympics have come back to the forefront as the Covid-19 outbreak worsens in Japan and elsewhere.

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.