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Friday, December 19, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India has enough food to feed its poor if there is a prolonged shutdown

India will have 100 million tons of grains by April-end, compared with annual requirement of 50-60 million tons under welfare schemes for the poor.

After coronavirus deaths, Chinese begin calling for clean air to breathe

Cutting of carbon emissions due to factories shutting down and grounding of airlines, has taken out the equivalent of almost 1.5 billion tons of carbon dioxide in China.

China to lift restrictions in Wuhan after 2-month lockdown due to coronavirus

Recently, Wuhan's Hubei province reported zero new cases, a dramatic plunge of the pandemic which infected more than 80,000 and killed over 3,200 Chinese people.

Coronavirus traces lingered in vacated cruise cabins for 17 days

Another study found that the virus remained viable on plastic and stainless steel for up to three days, although levels fell dramatically over time.

Now, Chinese factories are working 24×7 to make ventilators for Italy, US

As the global death toll from coronavirus crosses 15,000, doctors from Milan to New York are desperately seeking ventilators.

This recession will surely be as bad as 2008 global financial crisis, if not worse: IMF

Institute of International Finance projects a 1.5% contraction in global economy this year, with advanced economies shrinking 3.3%.

Tokyo Olympics set to be the first one to be postponed in the history of the games

Japan PM Shinzo Abe said the Olympics will have to be postponed if safety can’t be guaranteed for spectators and athletes due to the pandemic.

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.

On Camera

Why India fell off the global middle-class map

A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.

India’s financial reforms target a wave of foreign money

Up to 100% foreign ownership of insurance firms, and overhauled rules for banks, pension funds and capital markets aim to shift savings from idle assets toward equities, bonds and long-term investments.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.