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Saturday, March 21, 2026
TopicBloomberg wire

Topic: Bloomberg wire

Israel’s ‘model ally’ image risks becoming a cautionary tale

Early in 2003, with the US still in shock over Al Qaeda’s 9/11 terrorist attacks, Washington called on allies to join it in going...

Japan’s Takaichi avoids Iran clash with Trump, shrugs off Pearl Harbor comment

Takaichi had warned her first Trump summit would be “extremely difficult” over US calls to send warships to Iran, but she instead highlighted strong Japan-US ties and deft diplomacy.

Dozen drugmakers line up Ozempic copies, triggering price crash in India. Generic GLP-1 Era begins

At least a dozen large drugmakers are set to roll out copies of Novo Nordisk A/S’s blockbuster weight-loss drugs in India, crashing prices as...

AI Tinder fakes need a fix, blockchain IDs can help

AI systems have evolved so quickly they are now fooling humans even in the emotion-laden world of online dating.

‘Defies logic’: HDFC Bank chair’s abrupt resignation over ‘ethics’ rattles investors

His resignation letter alleged that practices within the bank were not in congruence with his personal values and ethics led to HDFC shares slumping to their lowest since June 2024.

Why the US shouldn’t try to outsmart the oil market

Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.

$7 billion wiped off market value after HDFC Bank chairman steps down citing ethical concerns

Atanu Chakraborty’s sudden exit over “ethical differences” has rattled investors, erasing billions in value, as RBI steps in with rare public defence of the lender.

RBI assessing how Russian entities can use rupee funds in Indian markets

Moscow accumulated large rupee reserves from selling discounted crude to India in aftermath of 2022 Russian invasion of Ukraine, with part of the trade settled in the local currency.

LNG emerges as acute pain point in West Asia war. ‘We’re on our way to doomsday gas crisis scenario’

Three weeks of conflict in the Middle East have upended the entire energy supply chain. With the vital Strait of Hormuz all but closed, gasoline and jet fuel prices are surging.

US carrier leaves Iran fight after fire onboard, at least 2 sailors injured

US Navy declined to comment on condition of USS Gerald R Ford aircraft carrier, or whether the guided-missile destroyers that accompany it will stay on in the region.

On Camera

Iran and Israel weren’t always enemies. In fact, they were allies

Israel even helped source American defence equipment for Iran, who learnt from Tel Aviv about drones against Soviet air defences in Syria.

Telangana’s Rs 3.24 lakh crore budget bets on rural push, welfare and infra ahead of GHMC polls

With eye on rural votebank, Telangana budget raises allocations for farmers, power & welfare schemes, while introducing new initiatives and relying on borrowings to fund growth.

Tracked: How a sailor’s 35-minute workout on deck gave away exact location of French aircraft carrier

A fitness run logged on a Strava‑linked watch by a French sailor has revealed the movement of nuclear‑powered Charles de Gaulle in the Mediterranean

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.