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Thursday, November 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Delinquent power sector loans of Rs 700 billion to be resolved soon, says SBI

RBI had in February introduced new rules and a 6-month period for banks to recast loans in case payments are missed.

SpiceJet completes its maiden flight using blended bio-fuel

Airlines using bio-fuels can fulfil Modi's goal of cutting 10% of oil imports by 2022 and make it affordable for more Indians to fly.

US examiner’s findings on Nirav Modi likely to bolster India’s case

Examiner John J. Carney has found evidence that three US firms were directly involved in the Nirav Modi fraud case. 

The RBI’s last attempt to clean up banks puts close to 70 firms on the brink of bankruptcy

The central bank predicts that by March 2019, the country's bad-loan ratio will increase by 0.6 per cent to 12.2. 

Floods in Kerala, India’s top gold buyer, may affect wedding season demand

The usual spend of 200 grams to 1 kilogram of gold per wedding in Kerala may drop 50 per cent in the next month.

Apple & Google are controlling online free speech, privacy & collecting taxes too

App developers are sick of the ‘tax’ but its defenders say they are effectively paying to help keep phones current & app stores curated.

Indian bond rout seen coming to an end

With RBI unlikely to raise interest rates again, investors are expected to return to the bond market. 

Facebook’s business model could be putting democracy in danger

No amount of cyber security can stop the distribution of information on Facebook — fake or real.

Raghuram Rajan now raises warning against toxic mix on trade

The foreseer of the last global financial crisis says global growth has been strong in recent years but the concern is how long can it continue.

Modi govt’s wants to make handyman jobs an attractive career option

The skills programme aims to change perceptions toward handyman jobs and increase training capacity in India.

On Camera

Inflation plunges to a 10-yr low of 0.25% in October. Here’s why

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

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.