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Wednesday, October 2, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Coronavirus can persist for months after traversing entire body: Study

The coronavirus that causes Covid-19, SARS-CoV-2, can spread within days from the airways to the heart, brain and almost every organ system in the body, where it may persist for months, a study found.

Indian stocks’ winning run sputters as foreign investors exit over tighter policy, low spending

Since reaching a record high in October, BSE has approached a technical correction, with foreign investors pulling out over $4 billion from market over the past three months.

Why shopping is going to be a lot more painful in 2022

Even if cases peak relatively soon, there are other perils ahead — from lockdown savings being exhausted just as prices are rising to tighter monetary policy & higher borrowing costs.

Ola’s dream of world’s biggest e-scooter factory hits a hurdle

Mass production of Ola's e-scooters is likely to be pushed back until at least January. The firm is struggling with manufacturing and is able to make only as many as 150 units a day.

How Covid arbitrage became trade of the year, be it in India or Taiwan

The choice of where to live, how to work and which schools to attend provided relative comfort for the rich, while billions of others scrambled for vaccines and work-life balance.

SEBI wants better price disclosures amid IPO frenzy by money-losing tech start-ups

Equity markets rally this year has encouraged at least half-a-dozen tech start-ups to seek public listings but the valuations commanded by these firms is often criticised.

Vacation operator Mahindra downplays Omicron concern, eyes domestic growth

Mahindra has gained from a surge in so-called 'revenge' domestic travel following a brutal second wave of infections. Occupancy is now back to pre-pandemic levels.

Instant grocery delivery start-up Zepto doubles value to Rs 4,300 crore

The start-up’s newest funding comes 45 days after a previous capital raise of Rs 450 crore at Rs 1,700 crore valuation.

Rupee set to be worst Asia currency after global funds shun India

The currency declined 2.2% this quarter as global funds pulled Rs 30,000 crore of capital out of India's stock market, the most among regional markets where data is available.

Hyundai to offer six EVs in India by 2028, seeks first-mover advantage

The vehicles will comprise different styles, and cater to segments including the mass market and mass premium. Hyundai also plans collaborations for charging stations.

On Camera

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?