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Tuesday, November 25, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Some good news for Italy: Coronavirus deaths fall for second day

Total cases in Italy rose to 63,927 but it reported only 601 new deaths Monday, posting a decline for a second day.

Indian business leaders want big rate cut to survive coronavirus damage

India’s top entrepreneurs & bankers want govt to slash interest rates, transfer cash to the poorest citizens, and suspend loan-repayments.

US FDA lifts curbs on India’s Ipca Labs to source malaria drug for COVID-19 treatment

Ipca Laboratories has been allowed to supply tablets as well as raw materials for making chloroquine phosphate & hydroxychloroquine sulphate.

How Indian IT firms and BPOs are staying online to serve the world

Nasscom is asking state govts to give special exemptions for IT industry to ensure some workers can go to office, where they have access to essential databases.

Indian property developers promise to feed workers despite lockdown

India’s construction sector is the nation’s biggest job-creator, employing large numbers of workers who are typically paid a daily wage in cash.

Indian stocks and rupee convulse as the country locks itself down

Stock market indexes crashed 13% as they tripped circuit breakers in the morning. The rupee slid 1.2% after retreating to an all-time low of 76.1550.

Joe Biden says no need to postpone US presidential elections due to coronavirus

The former US Vice-President said the US has held elections through World War I and II, and even civil war, and hence saw no reason to postpone the November elections.

With Iran ravaged by coronavirus, US is coming under pressure to ease sanctions

Iran has reported more than 1,650 deaths and its leaders & aid groups say America’s crushing ‘maximum pressure’ campaign is worsening a humanitarian disaster.

Global airlines carnage deepens as Singapore Airlines, Emirates slash flights

Airlines, estimated to be facing more than $100 billion in lost revenue this year, are being forced to make unprecedented groundings and furloughing staff.

Social distancing is a luxury Indians earning just Rs 150 a day cannot afford

Quandary facing India’s informal workforce is one of starkest examples of how social inequality threatens to undermine virus containment efforts around the world.

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.

Vehicles, TVs, mobile phones—PM EAC report shows Rural India is catching up with urban consumers

Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.

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.