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Tuesday, November 18, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Fixer asked sheikh to pay $1.5 million to meet Bollywood stars, including Shah Rukh Khan

Now the Bahraini sheikh is accused of reneging on the agreement to pay.

Kumar Mangalam Birla’s billion-dollar battle reshapes India’s bankruptcy focus

The order will probably set a precedent for other companies in insolvency proceedings and may jeopardise the 270-day timeline laid down to resolve such cases.

Yes Bank director quits, saying he’s unhappy with ‘developments’

Yes Bank has seen a spate of resignations in the past week as it continues its search for a new CEO to replace the incumbent, Rana Kapoor.

Maldives set to pull out of free trade pact with China as it moves closer to India

Former president Abdulla Yameen had signed the free trade agreement with China in Beijing in December last year.

RBI signals a compromise with Modi govt after marathon meet

The Reserve Bank of India will form a panel to study the transfer of its surplus reserves to the government.

For little fault of its own, Dubai is losing its shine

Dubai prospered as a kind of Switzerland in the Gulf, a place to do business walled off from the often violent rivalries of the Middle East.

This Asian nation might revive faith in democracy

Malaysia shows that demagoguery doesn’t have to be the inevitable consequence of elite misrule.

New flu shot far more powerful than the 1940s breakthrough in preventing flu-like illnesses

Flucelvax, produced by Melbourne-based CSL’s Seqirus unit, is 36.2 % more effective than conventional shots in preventing flu-like illness that killed almost 200 American children last winter.

Shared concern about China’s rise helped the Quad come together

Many had written off the idea of building an Asia-Pacific coalition between Australia, India, Japan and the U.S. - a group informally known as the Quad.

RBI and Modi govt are set for a Monday face-off

S. Gurumurthy, Modi govt's nominee on RBI board, may be key to whether a compromise can be found or whether already ugly public spat turns even uglier.

On Camera

We celebrate Harappa excavation—and dismiss Keeladi, Sinauli archaeological digs as politics

In the storm around Sinauli, many academics dismissed claims of chariots being found. And the public misinterpreted the chariots as a device planted by the govt to fortify Hindutva.

Naidu matches Jagan’s Rs 13L crore investment playbook, with a ‘speed of doing business’ caveat

Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.

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.