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Friday, November 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Citi abandons day-old ‘buy’ call as bonds in India face a ‘perfect storm’

Investors had been betting that Sitharaman would unveil a path toward inclusion of debt in global indexes, which would bring foreign inflows. But that didn’t materialise.

India data centres set for cheap loans after infra classification, in boost for Adani, Mittal

The tweak, effective from 1 April, comes as India seeks to keep its data within its borders as well as stoke a boom in online payments, e-commerce and quantum computing.

Nirmala Sitharaman’s plan for post-pandemic economy is risky ploy

By the time Modi’s Gati Shakti plan charges up the transportation sector, today’s young workers would be middle-aged. Missing out on a generation would be a tremendous waste.

LIC IPO draft prospectus, final regulatory approval aimed for next week

Move comes after FM Sitharaman sharply reduced asset-sale targets at budget announcement, raising questions about how much she plans to raise from the LIC IPO.

Questions over LIC IPO as FM Sitharaman slashes asset sale target in Budget 2022

FM Sitharaman announced that she estimates Rs 78,000 crore from divestment in FY22, much lower than the Rs 1.75 lakh crore budgeted earlier.

Bonds in India tumble as Modi govt unveils record borrowing plan in Budget

Elevated bond sales will worsen debt supply worries in a year when the RBI is expected to wind back on its monetary stimulus.

Modi govt plans record Rs 14.5 lakh crore borrowing in Budget 2022 to fund growth ambitions

The looser spending puts India on track to post one of the deepest budget deficits among major economies as nations spend their way out of the Covid-induced downturn.

Sony buys ‘Halo’ and ‘Destiny’ video game’s developer Bungie for $3.6 billion

Buying Bungie will give Sony one of the most popular first-person shooter games to compete with Call of Duty series, which Sony’s main rival, Microsoft, now owns through Activision.

Covid response has generated thousands of tonnes of extra medical waste in health threat: WHO

To get a sense of the scope of the issue, WHO examined the fate of 87,000 metric tonnes of PPE that were shipped via a UN initiative between March 2020 and November 2021.

Why Joe Rogan isn’t Spotify’s only podcast problem

Raging controversy began when singer Neil Young demanded his music be removed from the platform over concerns that its most popular podcaster, Joe Rogan, is spreading vaccine misinformation.

On Camera

Virat, Anushka, Bumrah selling sarias & cement, dentists, vets, Bihar walls painted in ‘rurbanisation’

Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.