scorecardresearch
Add as a preferred source on Google
Wednesday, December 17, 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

Top 10 picks of Serendipity Art Festival 2025 by Rohit Chawla

Through film, textile, scent, sound, and gesture, spectators are invited to descend into an immersive environment where inherited knowledge seeps through material and form.

India’s merchandise exports to US rising month-on-month despite Trump tariffs, govt data shows

November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.