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Tuesday, November 25, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India’s GDP is headed for a rare quarterly contraction in April-June quarter

With two of the three-week shutdown falling in April, GDP growth in the quarter to June could contract about 5%, the first in at least two decades.

Chaos hits Indian ports as coronavirus lockdown hurts operations

Shipping ministry has advised ports they may consider Covid-19 as grounds for invoking force majeure, absolving companies from meeting contractual commitments.

RBI is weighing opening a new credit line for mutual funds hit by crash crunch

RBI & finance ministry are in favour of proposal from industry regulator to open a cash window that fund houses can tap via their banks.

India’s lockdown is hurting medical supply deliveries that are key to fight virus

Strict movement curbs being enforced by state govts are hampering supplies of medical devices & those trying to meet the growing demands for health workers.

Biyani family of Future Group breaches terms of loans it took by pledging shares

Biyani family is in talks with creditors to fix the problem. It’s exploring sale of stakes in firms to pay down debt in exchange for forbearance.

Netflix market cap surpasses Disney amid ‘stay at home’ orders

Netflix has seen a spike in downloads for its app in regions that have been hit hard by Covid-19 outbreak, a trend that could point to higher international demand.

How to help Iran fight coronavirus

The US should acknowledge that helping Iran by relieving some sanctions would in no way change the overall posture of its maximum-pressure policy.

Trump wants the lockdown to end by Easter. Big mistake.

Easing restrictions and letting people get back to work won't simply restore the economy to its former health as the disease would come roaring right back.

Women in New York are delivering babies alone as there is no hand to hold in hospitals

Tight restrictions on visitors, even for those giving birth, are one of many dramatic measures New York hospitals have taken to prepare for the crush of incoming Covid-19 patients.

Doctors turn to social media to develop Covid-19 treatments in real time

Isolated by a highly contagious virus, doctors across the globe are trying to fill an information void online.

On Camera

New labour codes make India’s workforce competitive with China—and build Viksit Bharat

By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.

India has a low inflation problem. What can it do?

It will be tough for Reserve Bank of India Governor Sanjay Malhotra to get right. Rupee is the worst-performing Asian currency this year against the dollar.

India and France to jointly manufacture HAMMER air-to-surface missile

Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.

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.