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Wednesday, April 24, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Ahead of earnings season, stock market rebounds from a 6-month low

After Sensex dropped to 23.4 Tuesday, some investors judged the selloff as excessive which rebounded Indian stocks. Mumbai: Indian stocks rebounded as some investors judged...

Saudi Arabia’s ‘Vision 2030’ may not see very far unless it deals with journalist’s disappearance

Turkish police allege the journalist, Jamal Khashoggi, who was critical of the Prince, was tortured and killed by a team from Saudi Arabia.

Farm exports to China can help India cut its current account deficit

India can fill the gap left by the US in export of soybeans & cotton to China and help cut its own deficit, say experts.

Domestic logistics challenges drive steel mills in India to tap global market for iron ore

Transporting key raw materials from local mines has become difficult as freight and passenger trains jostle for space on the same tracks.

Nikki Haley’s exit gives Trump another opportunity to reshape his team in his image

Haley’s overarching goal was to avoid tying herself too closely to Trump personally without incurring his ire or that of his base.

For most internet tech companies like Google, venturing into hardware will remain a hobby

Google technology is already everywhere, Android is an example. It didn’t need its own hardware product offering to achieve the same.

Unlike Trump, Nikki Haley wasn’t a transactionalist but an exceptionalist

There were moments when Haley’s foreign policy differed with Trump’s and even UN’s philosophy. She did not think all countries are equal.

Investors seem complacent about impending financial shock, IMF says

Investors are underestimating the risk of a sharp tightening of financial conditions the IMF says in its latest Global Financial Stability Report.

New lenders to fill in cash crunch triggered by IL&FS defaults

Alternative lenders are looking to fund companies that are too small to borrow from banks & have relied on NBFCs.

The falling rupee has a surprising new reason: The Reserve Bank of India

The rupee is seen sliding to 75 per dollar by year-end, according to median of 10 analysts surveyed by Bloomberg.

On Camera

Climate change doesn’t just affect poor people, farmers. Cities and banks aren’t safe either

In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India, Oman hold 5th annual high-level meeting to boost maritime security

Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.