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Tuesday, January 13, 2026
TopicBloomberg wire

Topic: Bloomberg wire

India current account gap widens as Trump tariff hits exports

The wider current account gap may put additional pressure on the rupee, which slid to a record low of 89.64 per dollar on Monday.

More questions on Trump’s health, White House says President had ‘preventive’ MRI

The MRI of his heart and abdomen showed “normal” organ functions, White House said. It has previously declined to explain why Trump had an MRI during a physical exam.

New megacities lie in the path of devastating floods

Bangkok, Delhi, Karachi, Lagos, Luanda and Manila were are of the fastest growing among metropolises of more than 10 million.

Modi government seeks Parliament nod for sweeping reforms to boost growth

Removing limits on FDI in the insurance sector, opening up atomic energy industry to non-state firms, and accelerating resolution in bankruptcy cases – are on government agenda.

India plans to pitch arms deal with Russia during Putin’s visit

India has over 200 Russian fighter jets and several batteries of the S-400 defence shield, which were used during the four day conflict with Pakistan in May.

After Australia’s social media ban, Singapore to curb students’ smartphone use during school hours

Malaysia, too, is planning to ban social media accounts for children under 16 to protect them from online harm.

In cess Bill, govt plans new levy on some tobacco products

The Bill, to be introduced during the Winter Session of Parliament, proposes a levy on the machines installed for production of pan masala.

Net migration to UK drops 70%, but Indians still largest group to immigrate to country

Some 204,000 more people came to the UK for a long-term stay than departed in the 12 months through June. That’s less than a third of 649,000 for the same period a year earlier.

Leonardo unveils AI-driven ‘Michelangelo Dome’ system to defend cities

The system aims to coordinate warfare platforms to neutralise threats from hypersonic weapons to drone swarms and naval attacks.

In the art market, old is cool once again

There’s growing faith that the worth of historical artists is more robust. Last week, Gustav Klimt’s Portrait of Elisabeth Lederer (1914–1916) was sold for $236.4 million, the second-most-expensive artwork ever sold at auction.

On Camera

Don’t mistake India’s economic recovery for a new era of rapid growth

The underlying issue is that there hasn’t been enough of a structural change in the economy since the launch of reforms in 1990-91, despite per capita incomes multiplying nearly five-fold.

Grounded no more: Andhra govt revives no-frills Dagadarthi airport near Nellore to boost south coast link

As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.

Oreshnik, ATACMS & Storm Shadow: All about the missiles Russia and Ukraine are firing

Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.