Wednesday, 26 January, 2022
TopicBloomberg wire

Topic: Bloomberg wire

Chanda Kochhar just left the building– but who’s the new ICICI boss?

As Kochhar’s current term ends in March, the new COO Sandeep Bakhshi may become the next ICICI boss.

Dust storms worsen Delhi’s air as part of deadly ‘new normal’

Worsening pollution has been complicated by gridlock in India’s capital, where AAP leaders have been protesting inside the L-G's office. 

Google is training machines to predict when a patient will die

Google creates a new algorithm which can predict the survival chance of patients. It can even show the records that helped it arrive at the conclusion.

HDFC Bank may have to rely on Indian market for its $2.3 billion share sale

HDFC Bank is weighing seeking all the capital through a qualified institutional placement in India.

India seeks to jump-start debt demand again as borrowings loom

With more than 2 months into the fiscal, the lack of appetite from state banks and foreigners is starting to weigh.

Democracy is good for the economy

Data shows democratisation even in low-income and low-education countries appears to lead to faster growth.

Offshore funds want relaxed rules, tax sops to trade in Gift City

They are seeking the same concessions given to foreign firms based in the upcoming financial hub, like exemption from transaction taxes. Brokerages representing offshore investors...

How costly is the World Cup? That’s complicated

According to our estimate, a total of $14.5 billion in gross domestic product worldwide could be at risk in the first two weeks of the tournament.

Trump approves $50 billion tariff on Chinese goods

The US is scheduled to release an updated list of tariff targets Friday, with the duties to be implemented 'shortly'.

The tiny ad that will stop IAS officers from believing they are superior human beings

The opening up of the civil service to qualified outsiders has brought down one of India's stoutest walls.

On Camera

YourTurn

Badhaai Do poster | Zee Studios

Badhaai Do shows a lavender marriage. It hurts LGBT+ fight in post-377 India

‘Badhaai Do’ starring Rajkummar Rao and Bhumi Pednekar shows a gay man marrying a lesbian woman to get their families off their backs.
A foreign currency dealer speaks on a telephone in a dealing room of Hana Bank in Seoul | Representational image | Bloomberg

Foreigners cash out of key Asian emerging markets ahead of Federal Reserve meet

Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India this week. That follows $4.9 billion of withdrawals last week, highest since August.

Defence

The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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