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Saturday, November 15, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Oil demand recovery in India poised to weather Covid surge

India’s total oil demand is expected to grow 4% to 5% over the 12 month ending 31 March compared with a year earlier.

Why UAE has turned to old foe Turkey as its potential trade link to world

The UAE is looking to benefit from Turkey’s huge investments in the industrial sector, its skilled labor and existing logistical network, especially with Africa.

High coal prices to intensify India’s efforts to curb imports, lift domestic supplies

The government expects a sharp rise in production from Coal India’s mines as well as from captive producers — companies that produce coal for their own use.

Tek Fog shrouds an escalating political war, firms need to retake control of technologies

Tim Culpan and Andy Mukherjee write that govts may be able to combat misinformation if they tried, but they aren't reliable, so social media firms need to take the lead.

UK, India start negotiations on post-Brexit free trade agreement

UK Trade Secretary Anne-Marie Trevelyan is set to meet her Indian counterpart, Piyush Goyal, starting talks on a deal that Britain hopes will help double its trade with India by 2030.

Elon Musk says Tesla isn’t in India yet due to ‘challenges with the govt’

Tesla CEO and Modi’s administration have been in talks for years, but disagreements over a local factory and the country’s import duties of as much as 100% have led to an impasse.

Vodafone Idea says govt doesn’t want to run company post bailout

Aiming to reassure investors, Vodafone Idea CEO & MD Ravinder Takkar said the govt wanted three private players in the market and promoters to run the company.

Modi govt is seeking Rs 15 lakh crore valuation for LIC as it sets up India’s biggest IPO

If investors agree, LIC would join the league of India’s biggest companies — RIL and TCS — which have a market capitalisation of Rs 17 lakh crore and Rs 14.3 lakh crore, respectively.

Rupee won’t keep up its strong start to 2022, ICICI Bank says

With foreign inflows that have helped it appreciate at the start of the year beginning to ebb in coming months, rupee is likely to weaken.

Novak Djokovic breaks silence over Covid ‘error of judgment’, says it wasn’t deliberate

In a statement on Instagram, Djokovic admits to breaching isolation norms after testing positive for Covid last month. He calls it an 'error of judgement'.

On Camera

Bihar is now BJP’s responsibility. Double-engine governance must bring progress

The opposition was unable to erase the image of 'Jungle Raj' and leadership-by-birth remarks. Rahul Gandhi's 'vote chori' campaign added more trouble.

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.