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Monday, November 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

RBI raises repo rate by 25 bps to 6.5% in bid to curb inflation

RBI governor Urjit Patel says the reason for the the hike was to ensure and maintain the 4% inflation target. 

RBI may hike interest rates to rein in inflation, boost the rupee

Inflation has been rising steeply, as it peaked at 5% in June, especially in the backdrop of a weak rupee and higher oil prices, India’s primary import commodity.

Politicians aren’t relying on economists as economists are not solving their problems

Populist upsets such as Brexit and Trump’s election suggest that traditional economic prescriptions are not working on ground.

IndiGo stares at lean phase over rising fuel prices, weaker rupee

IndiGo shares fall to 16-month low after profit dropped 97% to Rs 27.8 crore, its worst-ever quarterly profit.

In a bid to counter China, US and allies to invest in infrastructure projects in Indo-Pacific

The pact will mobilise investments in energy, transportation, tourism and technology infrastructure to curb China's rising influence with plans like the Belt and Road Initiative.

This is how the decline and fall of the American empire will look like

Driverless cars, unprecedented invasion of privacy, 3 per cent GDP. Just some of what the decline of America will comprise of.

Outgoing Bank of Baroda chief tells Modi govt: Stay Out, you’re hurting us

According to Ravi Venkatesan, greater powers over management and decision making will enable banks to tap capital markets and strengthen their balance sheets.

World’s biggest nationwide toilet building campaign is creating new markets in India

The campaign to promote latrines has resulted in a market for toilet-related products and services predicted to double to $62 billion by 2021.

MH370 crashed due to system manipulation, not system failure: Report

The Malaysian Airlines flight disappeared in 2014. A 449-page report says the plane was steered off course deliberately.

Emerging markets investor Mark Mobius warns RBI against raising interest rates

Mobius further said that a cut in borrowing rates would increase investments and help Indian states with diverse economic situations.

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.