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Friday, November 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Modi govt wants RBI to step up efforts to support falling rupee

Government officials communicated last week with RBI on the need to intervene more aggressively in the market to support the rupee.

Modi govt is now considering tapping overseas Indians to help lift the falling rupee

RBI has been selling dollars to redeem the rupee's value, but this has led to a drop in foreign exchange reserves by $26 billion.

The worst is yet to come for India’s rupee as crude oil bill jumps by 76%

The current-account deficit is also said to widen by 2.5% of the GDP as prices of commodities continue to rise.

Alibaba’s co-founder Jack Ma on leadership: Intelligent people need a fool to lead them

The billionaire who has dispensed Yoda-like wisdom over the years has become a role model in China.    

Indian bond traders shouldn’t be fooled by a fall in inflation

A currency that’s been slipping to a new record almost every day is ensuring that the optimism doesn’t last too long.

Modi govt & RBI should allow rupee to fall, not lose nerve by the fear-mongering

The rupee's current rout can be seen more as an overdue recalibration than a flash in the pan.

Mergers & acquisitions in India cross a blockbuster $100 billion in 2018

With more deal-making expected, the tally is likely to surpass $100 billion in 2019 too.

The echo chamber is the enemy of democracy

New Yorker editor's move to withdraw invitation to former White House strategist Steve Bannon has sparked a huge controversy.

India’s economic woes increase as declining rupee adds the burden of short-term foreign debts

With the currency losing more than 11 per cent to the dollar, India will need to pay an extra $9.5 billion when repaying the short-term debts.

Social networks set to face more regulation as political pressures mount

To manipulate public opinion and meddle in elections, govts will inevitably monitor Facebook and Twitter, says Facebook co-founder Eduardo Saverin.

On Camera

From Virat & Anushka selling sarias to dentist ads, Bihar walls tell a ‘rurbanisation’ story

Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.

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.