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Thursday, November 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

RBI has been on the sidelines after the rupee hit 70

A finance ministry official indicated last week that it would not be a concern even if the rupee fell to 80 given the decline in peers.

More flood damage: India’s coffee output dips to 21-year low

Starting 1 October, the output will be 25 % lower than the estimated 316,000 metric tons, the lowest since 1997-98. 

Pioneer sees gene-editing therapy in your local clinic in five to 10 years

Concerns remain about the safety of disrupting or repairing defective genes, but experts say they are not a 'show-stopper'

Facebook has suspended 400 dodgy apps

After the Cambridge Analytica scandal, Facebook is enhancing privacy standards, especially with regard to developer relationships.

Western countries don’t care about the rest of the world anymore

Today's hostile nationalism was commonplace in 19th century America, where politics was driven by strong external enemies.

The deaths of these 4 leaders could change the Middle East forever

When the leaders of Iran, Saudi Arabia, Iraq, and Oman pass away, their regimes could fade with them.

Apple and Google face growing revolt over App Store ‘tax’

The companies charge 30 per cent of subscription dollars and in-app purchases. However, about two years ago, they lowered the cut to 15 per cent in some cases.

As demand picks up Indian companies pass on higher prices to consumers

More than 1,200 manufacturing firms polled by the Reserve Bank of India reported input price pressures and an increase in selling prices.

Loss-riddled Jet Airways to hold a board meeting next week to consider turnaround plan

Jet Airways has been under pressure from budget carriers and surging fuel prices.

Xiaomi struggles to live up to IPO despite scale-up in India & Russia

China-based manufacturer of mostly cheap smartphones has sunk 19% from its post-IPO peak despite a spate of positive ratings.

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.

Doctor-led terror module behind Delhi blast was in phase 2 of ops, planned serial bombings in December

While main elements behind terror module have been nabbed, more arrests will take place, including some professors & academicians who were part of the ring, it is learnt.

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.