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Wednesday, August 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Pakistani leaders to meet to discuss response to Nawaz Sharif’s mea culpa on terrorism

 The army spokesman said the National Security Committee, headed by Prime Minister Shahid Khaqan Abbasi, will discuss the “misleading media statement” by Sharif.

Cricket races to save itself from years of declining popularity

The challenge for cricket – How to make a deeply complicated game palatable to a new audience, at a time of increasing competition from e-sports and video games?

Tata power plans $5 billion push to boost renewable capacity

The bulk of the increase is expected to come from solar, both large projects and rooftop says CEO Praveer Sinha. 

Bitter court battles bog down Arcelor, Tata as bankruptcy law is tested

The successful resolution of stressed loans, which holds nearly 90 percent of impaired assets is crucial for Modi to clean up the balance sheets...

Adnoc announces a 2-million barrel cargo of oil destined for Ratnagiri refinery

Abu Dhabi National Oil Company intends to store 5.86 million barrels of crude at the Ratnagiri refinery. India is targeting support from both Saudi Aramco and Adnoc for the $44 billion Ratnagiri project.

Facebook wants to swipe right, thinks likes can lead to love

Facebook Dating may not be such a bad idea considering the existential questions the company is facing about its purpose in life. But making...

Flipkart investors could force Walmart to take company public

Walmart Inc., the world’s largest retailer, could be forced to publicly list its newly acquired Indian e-commerce company, Flipkart Group, within four years at the request of a small minority of Flipkart shareholders, a public filing shows.

Myanmar fishing port may double as $10 billion Chinese debt bomb

CITIC, China’s first state-owned investment corporation, has proposed taking a 70 percent stake in the project, with the remainder split between the Myanmar government and a consortium of local firms. The Chinese company would run the zone for up to 75 years and would finance Myanmar’s stake.

$19 billion fund head favours investing against the crowd in Indian poll season

Nilesh Shah says Karnataka polls will impact national elections in 2019. But hard to predict if India will re-elect majority govt.

Indian banks with record frauds to boost insurance sales

While the number of fraud cases has halved over the five years through March 2018, the amount involved has tripled, culminating in the record...

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.