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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

JSW Group plans to switch majority of its bonds to green instruments

There is a 'high-probability' the company will switch to only selling sustainability-linked bonds or green bonds over the next five years, group CFO Seshagiri Rao said.

SC reserves verdict on mining companies’ pleas to lift ban on iron ore export from Karnataka

The Indian Steel Association has opposed the petitions by mining companies, saying allowing exports will benefit Chinese steelmakers.

Pakistan’s political crisis that toppled Imran Khan’s govt has been an energy crisis too

Successive governments have failed to back renewables, cutting the country off from the cheapest source of indigenous energy. The new PM Shehbaz Sharif could change all that.

Holcim considering sale of $9.6 billion stake in Ambuja cements

The Swiss giant is considering a potential sale of businesses in India including Ambuja Cements Ltd. Holcim controls 63.1% of Ambuja, which has a market value of about $9.6 billion.

Indian backdoor for Russian oil weakens calls for European ban

India’s diesel exports in March were highest since April 2020 when it hit 847,000 barrels a day, according to Jane Xie, a senior oil analyst at data and analytics firm Kpler in Singapore.

Infosys sales forecast trend lower than expert estimates as demand for IT services cool down

Revenue this fiscal year ending in March 2023 will increase 13% to 15% in constant currency terms, lagging the 17% growth analysts had projected on average.

With only 1.5% rise in prices last month, China can teach the West a lesson on inflation

The US reported 8.5% year-on-year jump in March, while inflation in the UK soared to 7%, a 30-year high.

Pakistan needs IMF bailout fast to stave off crisis

With just enough foreign reserves to cover two months of imports, the clock is ticking. Pakistan faces a funding requirement of $14.1 bn, more than the central bank’s $11.3 billion in reserves

The Great Chinese white elephant of Sri Lanka

Sri Lanka now has Asia’s fastest inflation rate of almost 19%, power outages & nearly $5 billion borrowings due with just a little over $2 billion left in the foreign-exchange kitty.

Ukraine’s most potent war weapon may be the cellphone

Winning requires telling the stories from the bloody battlefields to diplomatic boardrooms. Videos have to be crisp, showing in graphic detail the war crimes being committed daily.

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.