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Saturday, November 15, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Citi, ICICI lower India’s growth projections due to surge in Covid cases

New Delhi: A sharp rise in coronavirus cases in India is seen hurting the economy’s growth prospects, albeit milder than during the previous waves. Economists,...

Novak Djokovic released from detention after Australian court overturns visa cancellation

Australian immigration minister could still exercise his power to push ahead with visa cancellation, despite court ruling. Djokovic has been confined to a Melbourne hotel since Thursday.

Amazon moves SC to appeal stay on arbitration against Future-Reliance deal

New Delhi: Amazon.com Inc.’s Indian unit petitioned the country’s Supreme Court against a halt on an arbitration case against Future Retail Ltd.’s asset sale...

2022 oil market won’t be serene as supply panic will replace fears over demand

The potential oil market weakness comes from rampant supply, which OPEC sees exceeding 104 million barrels a day before the end of the year.

Airlines are going to need big data to recover from Covid

Airlines’ debts have grown to unimaginable levels over the pandemic, and must ultimately be paid down. Reducing that leverage will require growing revenues faster than ever before.

New Covid restrictions set to slow down India’s economic growth in FY22 by 25 bps, HSBC says

India is due to release its first official estimate for annual GDP later Friday. A Bloomberg survey forecasts it to show an expansion of 9.3% as against RBI's predicted 9.5%.

Global brands in India have a mutiny at hand

The trusted middlemen that consumer goods brands have traditionally relied on to reach millions of small neighborhood stores in 8,000 towns and 660,000 villages are in revolt.

Mumbai won’t go into lockdown even if Covid cases rise, BMC chief Iqbal Chahal says

Although fresh cases of the Omicron variant have soared, 'only 5%' of patients required medical help and most recovered faster, the BMC commissioner notes.

WHO emphasises risks of Omicron even with less-severe symptoms

Low vaccination rates in countries without widespread access to vaccines could foster the evolution of further variants, says WHO chief Tedros Adhanom Ghebreyesus.

Ghislaine Maxwell judge to consider new trial over juror comments

Maxwell has been convicted on 5 counts tied to sexual abuse, including the most serious charge of sex-trafficking of a minor, which carries a maximum sentence of 40 years.

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.