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Thursday, November 6, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Global oil use is heading for biggest fall in history due to coronavirus restrictions

Travel bans, work-from-home, cancelled vacations and disrupted supply chains all mean reduced demand for fuel.

Probe finds Rs 2,000 crore missing at Café Coffee Day after founder Siddhartha’s suicide

The probe examined financial transactions of Coffee Day and its dealings with dozens of private companies owned by V.G. Siddhartha.

Coronavirus shock can be contained and reversed

Government, corporate and household leaders should help draw the path ahead that acknowledges the inconvenient reality of further economic damage before the bottom is reached.

Why closing schools due to the Coronavirus pandemic may not be feasible

Elders are more at risk of contracting COVID-19 than children and closing schools may be inconvenient for single parents, the self-employed or those in the gig economy.

India should use Yes Bank debacle to launch official rupee cryptocurrency

If RBI doesn’t make digital rupees available, people could end up storing their wealth in Silicon Valley-sponsored tokenized money or Beijing’s digital yuan.

Yes Bank rescue is like Hotel California – You can enter but can’t exit

Yes Bank bailout comes with an unusual rider: Investors with more than 100 shares can’t sell 75% of holding for at least 3 years.

Iran’s resilience is being tested as coronavirus delivers a devastating blow

Despite evidence of significant pressure on Iran, there’s little to suggest that either the Revolutionary Guard or the clerical leadership in Tehran are going anywhere soon.

Give Iran help, not cash, to fight the virus

Iran is the third-worst coronavirus-hit country after China and Italy. With its overwhelmed medical system, and 429 people dead, Iran's population may be most vulnerable to the pandemic.

UK says coronavirus needs to infect 60% of Britons to save lives

The estimate of 60% equates to about 40 million cases of coronavirus in the UK and 800,000 deaths, assuming a fatality rate of 2%.

Mass tests are vital to contain coronavirus spread in India, experts say after first death

Mass testing in a densely populated country helps identify patients early, isolate them & curb mortality as well as slow down pathogen’s rate of transmission.

On Camera

Why Indian and American Hindus must adapt in a proselytising world

Indian sampradayas have to institutionalise their knowledge and boil it down to essentials for transmission and proselytisation if they are to compete with the major Abrahamic sects.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘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.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.