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Thursday, November 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Rupee has become hostage to oil price as India’s crude import bill surges

Subhadip Sircar -
India's crude import bill has jumped 76% in July, pushing up dollar demand & forcing analysts to revise their Rupee forecasts.

US says it’s ready to sign defence agreement with India

Tony Capaccio -
The US has been threatening India with economic sanctions unless it reduces trade with Iran and Russia.

US, Pakistan vow to ‘reset’ relations from scratch after ugly spat over fighting terror

Nick Wadhams -
In the 17-year conflict in Afghanistan, American officials have often accused Pakistan of supporting militant groups that undermine the war effort.

RBI’s rate-setting panel member questions growth figures of 8.2% for June quarter

Vrishti Beniwal -
According to Ravindra Dholakia, new GDP series showed higher growth rate because corporate financial data was used for estimating manufacturing value added.

India’s services index expands at slowest pace in 3 months, signals cooling off in demand

Anirban Nag -
RBI believes that companies are passing on higher input costs to consumers and fanning inflation, which is at its highest in nine months.

Trump’s face cannot stop America’s receding economic power from shifting to Asia

Daniel Moss -
His lack of attendance at Asia-Pacific summits reflects a trend that has been building for years.

Profit-making and commercial biases influence news feeds on Google, Facebook and Twitter

Cathy O'Neil -
Big tech companies must reinvent their business models with clear emphasis on policy and responsibility, and hold powerful algorithm creators accountable.

China’s lead in the race for 5G could depend on the mega-merger of these two mobile carriers

Bhuma Shrivastava -
South Korea, the U.S., and Japan are the top competitors hoping to launch commercial 5G subscriptions.

Google could be in trouble as US Congress rejects low-level testimonials on election meddling

Ben Brody -
US Congress wants Larry Page, CEO of Alphabet Inc. to testify in front of the intelligence committee which will include the chiefs of Twitter and Facebook as well.

More pain in store for rupee as India braces for external headwinds

Anirban Nag -
While foreign currency debt has zoomed, various external vulnerability indicators paint a rather mixed picture, according to RBI's annual report.
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Opinion

Trump stoked the Epstein scandal. It’s come back to bite him

Bloomberg Opinion -
The disgraced financier also seemed to allege in documents that Trump kept company for hours with one of Epstein’s victims.

India’s much-maligned intelligence agencies are our only hope against terror attacks

TV reporters wandered through Delhi blast debris like a Sunday market. ‘Oh, there’s a hand’

Economy

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

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

Defence

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

Snehesh Alex Philip -
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.

National Interest

Bihar is where politics moves, and everything else stands still

Shekhar Gupta -
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.

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