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Thursday, August 14, 2025
TopicBloomberg wire

Topic: Bloomberg wire

India’s oil import addiction is the slick to the economy

The country’s reliance on monsoon and oil prices equals a not so sunny current account deficit.

India among world’s top five defence spenders, thanks to tensions with China

New Delhi saw an increase of 5.5 per cent in defence spending in 2017. However, this doesn't mean the armed forces are deploying state-of-the-art equipment.

Acquiring Flipkart is one of the many big risk & reward global games Walmart is playing

Walmart is venturing into other ambitious deals in the international market, but the payoff will take patience. 

India’s $35 billion government pension fund sees stock boost

While India's appetite for risk may be less, with the risk, comes the potential for oversized gains - a gamble that is worth it.

Biggest Indian cargo company wants to build an Uber for shipping

Mumbai based Allcargo, reported a drop in profit in four of the past five quarters and is betting on technology to revive volumes and take on overseas rivals such as DHL Worldwide Express. 

As fuel prices touch the sky, Modi govt doesn’t have any pretty options in poll year

Diesel, the most-used fuel in India is more expensive than ever before, and petrol prices also are hovering around record levels in several cities. Controls on diesel pricing were lifted four years ago, after freeing petrol rates first.

China, India agree to avoid military dispute on tense border

Modi and Xi agreed to coordinate more closely so that stability between Asia’s largest and third-largest economies could help boost prosperity in the region.

Dutch car lessor plans more EVs in India amid push for clean air

The company anticipates a five-fold increase in battery-driven cars, says they could comprise more than 10 per cent of India's total vehicles. Dutch car lessor...

How long is a quarter? 6 months if you’re Reliance Jio

When it posted results for July through September last year, Jio’s operating earnings were $220 million. Overall, it had a loss of $41 million, and subscriber numbers were growing 12 percent a quarter.  But, Jio packed six months of sales into one quarter while counting only 3 months of expenses. 

India turns a bad-loan tragedy into a bankruptcy farce

It'll be unfortunate if India's next steel king is decided not on the wrestling mat  — but via walkovers.

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.