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Wednesday, November 19, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Rupee goes from best performing Asian currency to worst as oil, Kashmir puncture sentiment

The rupee’s losses have deepened in recent days amid escalating tensions between India and Pakistan.

Death threats, a spiritual sect & a $2 billion empire: Singh brothers feud gets murkier

Billionaire Malvinder Singh claims that his brother Shivinder acquired 6 companies to write off debts of their spiritual guru, who allegedly threatened him.

‘Not saying it’s not true’: Abe’s cryptic reply on Trump’s Nobel nomination

Did he nominate Trump or didn't he? Japan's PM Shinzo Abe walked a fine line when asked if he nominated Trump for the Nobel Peace Prize.

In boost to Modi govt, RBI to consider Rs 280 billion early payout to Centre

RBI's profit transfer could be key to funding Modi government’s income support program for farmers ahead of the Lok Sabha election due by May.

Hedge fund operator plans $1 billion India-focused ESG fund

Avendus expects to raise $1 billion over two years with its ESG fund and sees around 70 percent of that money coming from overseas investors.

Public sector firms join tech giants to keep share buyback alive

Rush to return excess cash to investors is driven by tax efficiency of buybacks over dividends, declining share values & a slowing global economy.

Saudi Arabia signs investment MoUs worth $20 billion in Pakistan

Prince Mohammed's investment plans may help Imran Khan's efforts to revive an economy hurt by widening current account & fiscal deficits.

India is sleepwalking to trouble on debt of real estate developers

A lack of project cash flows, combined with costlier refinancing, could force property assets to head straight to the morgue after moratorium.

Saudi Crown Prince MBS delays Asia trip amid India-Pakistan tension

Mohammed Bin Salman will arrive in Pakistan Sunday, a day late. He is also scheduled to visit India and China.

It’s the moment of truth for Afghanistan

There are distinct signs of progress in Afghanistan, thanks to Zalmay Khalilzad, who last year took over as US special representative to the reconciliation process.

On Camera

Don’t blame Lamborghini driver. Indian toll plazas are for Maruti 800 era, not supercars

Who knows the Lamborghini guy escaped the toll on purpose. After all, they could not test the beast by touching the odometer to 200 kmph. Most highways in India do not have the speed limit beyond 120 kmph.

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.