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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Indian rupee, Asia’s worst performing currency, crashes past the 70 level to new low

The rupee dropped to 70.08 per dollar before recovering to 69.85 as state-run banks sold dollars, probably on behalf of RBI. There’s not a moment...

Economic Cold War between US and China may define next generation of American life

Ramifications of growing rivalry between US and China likely to be far-reaching. Trade spat just the beginning of an economic cold war.

Jet Airways lenders want it to sell shares before considering fresh credit

India’s biggest full-service carrier is carrying a debt that is 55.4 times more than its earnings before interest and tax.

India can’t afford to turn its back on free trade

Chances are, the other 15 countries of Regional Comprehensive Economic Partnership will move ahead if New Delhi continues to be obstructionist.

Facebook wins deal to broadcast premier Spanish league soccer in India

In 2017, Facebook bid $600 million to stream Indian cricket but Rupert Murdoch’s 21st Century Fox Inc acquired the deal instead. 

Weak rupee makes it difficult for RBI to fight inflation

RBI's plans are in trouble as rupee hits a new low after turmoil in Turkey. Inflation may stay around projections until next year. 

Google, Facebook, Twitter don’t know how to tame the monsters they’ve created

The world expected more from these companies whose CEOs neither knew nor cared enough for the problems they created.

2019 polls: Election Commission to monitor Facebook, WhatsApp, YouTube for hate speech

EC Ashok Lavasa says loopholes will be plugged to ensure social media isn't misused in run-up to Lok Sabha polls.

Once a frontrunner, Jet Airways is now crumbling under pressure of the aviation boom

Facing competition from airlines like IndiGo, GoAir, and SpiceJet, the airline is facing the probability of failing to repay its obligations next year.

Gujarat’s bitcoin-based Ponzi scheme could lead to India’s largest banking scandal

A $3 billion scam could be unfolding in Gujarat as probe into an alleged Ponzi scheme reveals tax evasion, police corruption and a fugitive politician. 

On Camera

SC order on stray dogs is like Tughlaq’s march to Daulatabad—grand in tone, empty in substance

SC’s order asks institutions to breed unnecessary panic and build fortresses, when they are yet to achieve basic safety or dignity.

No more text-heavy ads, wider scope of services—ICAI’s ethics code overhaul to promote Indian CA firms

Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

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.