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Tuesday, April 21, 2026
TopicBloomberg wire

Topic: Bloomberg wire

Indian truckers brace for diesel price hike, first in four years

Much of India’s cargo moves by road — trucks account for nearly 70% of freight — making diesel the lifeblood of the economy in the world’s third-largest oil importer.

Jeff Bezos nears $10 billion funding for his AI start-up Project Prometheus—FT report

Bezos co-founded the start-up with scientist Vik Bajaj, which will use artificial intelligence to accelerate engineering and manufacturing in fields like aerospace and automobiles.

Apple CEO Tim Cook’s 15-Year legacy by the numbers

The outgoing chief executive officer, who’ll stay on as executive chairman, built up an unprecedented record of success over his tenure.

John Ternus set to take over as Apple CEO, Tim Cook to transition to executive chairman

Cook will hand over the reins to Ternus on 1 September, capping a 15-year tenure that turned the company into a $4 trillion business spanning watches, video streaming & financial services.

Fertiliser prices may rise further as Hormuz disruption chokes supply

Nitrogen prices have nearly doubled since the Iran war, with about a third of seaborne fertiliser trade blocked and Gulf urea exports plunging to 300,000 tons from 1.7 million.

New Zealand PM seeks backing for India FTA, hits back at ‘butter chicken tsunami’ criticism

Legal verification of free trade agreement has been completed, with both countries agreeing it will be signed on 27 April in New Delhi.

After delimitation bill fails in Lok Sabha, Modi now using women card in poll-bound Bengal

He is accusing his rivals, especially West Bengal’s Chief Minister Mamata Banerjee, of betraying women by opposing the move to increase their representation in Parliament.

Hormuz traffic at standstill as US’ seizure of Iranian vessel widens risk

A fragile US-Iran ceasefire is due to expire Tuesday-end. It is unclear if the truce will be extended, or whether peace talks in Islamabad will go ahead later this week.

Iran declares Strait of Hormuz ‘completely open’ as Lebanon ceasefire kicks in

“In line with ceasefire in Lebanon, passage for all commercial vessels through Strait of Hormuz is declared completely open for remaining period of ceasefire,” Iran's Foreign Minister Araghchi said.

Centre clears gold, silver import confusion ahead of Akshaya Tritiya festival

The government listed banks that are authorized to bring in bullion in the release Friday, resolving the import problems.[5:23 PM]

On Camera

University townships — India’s chance to build its own version of what America got right

India’s university towns initiative is an opportunity to do something we have never managed at scale: build knowledge ecosystems rather than knowledge silos.

FTA partners drive India’s trade surge as reliance on non-FTA countries dips, says NITI Aayog report

Share of trade with FTA partners rose from 4.6% in 2006 to 28.8% in 2024. India is currently negotiating or advancing agreements with US, Israel, GCC, Canada & Mexico.

Japan overhauls post-World War II pacifist military approach, lifts restrictions on defence exports

Since October last year, Japan PM Sanae Takaichi has planned to increase defence spending target to 2 percent of GDP.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.