scorecardresearch
Thursday, October 3, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Was Djokovic a health risk in Australia? What did the country’s govt gain from his deportation

A federal court in Australia Sunday upheld the government’s decision to revoke the tennis player's visa, ending a 10-day saga in on the issue.

India adds to billionaires’ list, even as Covid worsens poverty in country, says Oxfam report

According to the global Oxfam Davos report of 2022, India added 40 billionaires to 142 last year during Covid crisis, whose combined fortune is more than the poorest of the population.

Why domestic consumers may not be enough to power India’s economy

The Covid pandemic has hollowed out India’s middle class by destroying 10 million manufacturing jobs. For the second time in history, self-reliance might prove to be a costly mistake.

‘Correct mistake’: China tells US to take responsibility for Iran nuclear deal

Chinese Foreign Minister Wang Yi said that Beijing firmly opposes the 'illegal unilateral sanction' and withstand the 'gross interference' in Iran's internal affairs by the US.

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

Polish scientists ‘discover gene that more than doubles risk of severe Covid, even death’

Research from Medical University of Bialystok estimates gene could be present in 27% of Indians. It’s the 4th most important factor determining severity of illness, it says.

North Korea fires suspected missiles after new threat at US

Latest missile launch could be the 3rd possible rocket-volley test in less than 10 days. Earlier today, North Korea had warned US over new sanctions imposed by the Biden administration.

Netflix needs new subscribers. It’s hoping to ride ‘Squid Game’-led Korean surge

Investors expect Netflix to continue its track record of adding 20 mn or so customers each year. To do so, Asia Pacific represents its greatest growth opportunity.

North Korea vows stronger response to US sanctions over hypersonic missile tests

The heightened tensions between the US and North Korea come after Pyongyang tested two missiles in less than a week.

WHO approves Glaxo and Eli Lilly drugs to treat Covid amid Omicron surge

Eli Lilly’s rheumatoid arthritis drug and GlaxoSmithKline's monoclonal antibody won the WHO nod.

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


Even as SEBI lays down new curbs on F&O market, discount brokerages are changing business models

SEBI Tuesday unveiled rules to curtail retail participation in derivatives market. Options premia to be collected upfront from options buyer effective 1 Feb 2025.

‘No drone bombs or infiltration’, Army Chief says ‘battle of narratives’ must be controlled in Manipur

Chief of Army Staff General Upendra Dwivedi says the Manipur conflict was triggered by a rumour and that the situation may be ‘stable today, but it is tense’.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?