scorecardresearch
Wednesday, October 2, 2024
TopicBloomberg wire

Topic: Bloomberg wire

China says it complained to UN after space station’s near-misses with SpaceX satellites

Two satellites from the US company founded by Elon Musk came close to the station in July and October, forcing astronauts on board to take evasive action, China said.

Around Rs 180 cr of illegal cash, 23 kg of gold seized from UP businessman Peeyush Jain

The seizures were carried out at the premises of Trimurti Fragrance, Odochem Industries and a transport company called Ganpati Road Carriers, all based in Uttar Pradesh.

Gold steady as traders weigh record US stocks, Omicron risks

The S&P 500 notched its 69th record close this year, led by the energy and technology sectors, though volumes were lower than average.

Investment bankers set to collect bumper Rs 2,600 crore fees from record IPOs this year

A little over 110 firms listed their shares in Mumbai this year, raising almost $18 billion. The fees raked in by banks are more than four times the previous record in 2017.

Foxconn to restart factory in southern India after protests by workers

Foxconn, the main assembler of Apple Inc.’s iPhones, has agreed to all demands made by the employees and will resume production soon, the Tamil Nadu government said in a statement.

Taliban looks to dodge economic crisis by boosting Afghan exports as foreign aid ends

The letter alleged that the speeches delivered during the events were not mere hate speeches but amounted to an open call for murder of an entire community.

Adani Group set for 1st coal exports from controversial Australia mine decade after takeover

The project, proposed in 2010, has become a global emblem for opposition to fossil fuels. It has been impeded by legal challenges and a sustained campaign by climate activists,

Global bond winners this year are all from emerging markets

According to data, sovereign bonds issued by developing nations like South Africa, China, Indonesia, India and Croatia topped the rankings of 46 markets around the world in 2021.

RBL Bank shares see record drop of 25% after RBI appoints director to its board

The stock tumbled to its lowest level since listing in 2016 after Yogesh Dayal, a career central banker, was appointed by the Reserve Bank of India for a period of two years from 24 December.

India’s renewables boom set to lift power exchange spot trading, says Indian Energy Exchange

More than a quarter of the nation’s electricity could be purchased through spot deals within a couple years, quadruple the current level.

On Camera

Indian industry in Bangladesh is staring at a void. New Delhi must give line of credit to Dhaka

For New Delhi, SAFTA and CEPA will be critical. Such frameworks could institutionalise economic ties with Bangladesh, making them resilient to political disruptions.


You can’t ‘wish away’ China, India must balance economic & security considerations, says Sanjeev Sanyal

Sanyal, an economist & member of the Economic Advisory Council to PM, also suggests that if India is to import parts from China, why not allow Chinese companies to manufacture in India.

Compete, coexist, confront & contest: Army chief General Dwivedi says on dealing with China

Referring to current situation, General Upendra Dwivedi says it is stable but not normal; instead, sensitive. He adds the diplomatic side can only come up with certain options.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?