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Saturday, November 15, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Raghavan to replace Ramaswamy as head of Google’s most important business

Search & AI veteran Prabhakar Raghavan will take over as Google’s top advertising executive from Sridhar Ramaswamy on Friday.

Gita Gopinath promises to bring dynamic new thinking to IMF

Gita Gopinath’s work has tended to challenge conventional wisdom and push the collective thinking forward in a beneficial way.

Modi govt vows to ensure IL&FS won’t default again

The dramatic move to take control of IL&FS underscores Modi govt's concern that more defaults may spread to other lenders.

Modi govt should find a way for private firms to use Aadhaar for KYC purposes

It may be feasible for govt to own and operate a KYC utility. That way, India could balance the concerns of privacy and trust.

Modi govt approaches Company Law Tribunal in an attempt to rescue IL&FS

The government may seek a management change and look to supersede the existing board, said reports.

RBI will go slow on raising rates, says investor who foresaw liquidity crisis

Suyash Choudhary of IDFC says RBI will risk financial stability and seriously hurt growth if it adds to the two rate increases since June.

Tax iPhones, don’t raise interest rates to support rupee, says Modi’s advisor

PM’s Economic Advisory Council member Rathin Roy says imports of iPhones & spending on foreign education has gone up.

Overeating may not cause people to be overweight

Doctors pester their patients to eat less but they may be advocating something that doesn’t work and causing unhealthy stress in the process.

Bitcoin uses healthy paranoia & not threat of violence to maintain online security

Despite the potential for abuse, no case of outsize influence has been reported in the decentralised Bitcoin network.

Facebook’s security breach a major blow to the company’s effort to rebuild trust with users

Hackers exploited several software bugs at once to obtain login access to as many as 50 million Facebook accounts.

On Camera

Bihar is now BJP’s responsibility. Double-engine governance must bring progress

The opposition was unable to erase the image of 'Jungle Raj' and leadership-by-birth remarks. Rahul Gandhi's 'vote chori' campaign added more trouble.

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.