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Thursday, November 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India, China & Turkey may continue to buy Iranian oil even after US sanctions

With sanctions to resume in November, Iran may resort to bartering and smuggling to keep its oil exports to almost 800,000 barrels a day. 

Highest number of Indian bonds sold in seven months, but inflow fails to rescue rupee

A rout in emerging-market currencies, high oil prices and fears of fiscal slippage before 2019 general election have made weakened the rupee.

China’s growing GDP won’t change the fact that the only currency and bank that matter are American

The newest OECD paper finds that China's growth will have to reconcile with its soon-to-be aging demographic.

India’s racing stock rally may slip on oil price & stretched valuations

Record economic growth could power stocks further but some investors think the market has already run up a lot & faces risks

More risks than rewards seen for Indian economy after record GDP growth

High oil prices, emerging market stress & policy paralysis ahead of polls mean the economy isn't out of the woods yet.

Would you trust a banking system that can be closed down on a prime minister’s whim?

The idea that demonetisation would leave banks flush with household savings that they could lend to productive parts of the economy has been debunked. The Indian central...

Union Bank of India pulls out of ‘fraud-hit’ diamond hub Antwerp

The viability of the branch isn't established because of low business, particularly from the diamond sector, says CEO Rajkiran Rai Gundyadka.

Rupee drops past 71 to a dollar, biggest monthly fall in 3 years

With weakening developing-market currencies and elevated oil prices, rupee has fallen by over 10% this year, making it Asia’s worst performer.

India, world’s fastest growing economy, isn’t growing fast enough to create enough jobs

Glacial economic reforms, fragile banking sector, rigid labor laws and a spotty educational system are holding India back.

Yes Bank shares plunge after RBI defers CEO Rana Kapoor’s extension

Kapoor has received RBI approval to continue as managing director and CEO of the Mumbai-based lender until “further notice” from the regulator.

On Camera

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

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

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.