scorecardresearch
Wednesday, October 2, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Banks, NBFCs keen to offer easy credit to fuel consumer spending in festive season

Businesses in Indi are expecting sales during Diwali will pick up to levels seen before the pandemic struck early last year. That is in part because banks are eager to lend.

G-20 continues to be deadlocked as China won’t budge on climate goals

Some countries singled out China, saying it is refusing to beef up commitments to limit temperature increases and digging in over coal, with Russia and India also dragging the chain.

How emerging economies can afford the transition to cheaper, greener power

Delaying the switch to zero-carbon power isn’t giving developing countries a chance to catch up with richer nations — it’s retarding their development.

Plan to privatise Bharat Petroleum delayed as bidders struggle to find partners

The sale of state-run refiner-cum-fuel retailer BPCL would have fetched about $13 billion for the exchequer and other shareholders.

Bitcoin rallies above $66,000 to fresh all-time high in Crypto’s ‘validating moment’

Bitcoin has climbed to its latest high atop a tide of pandemic-era liquidity, speculative bets and expectations of wider adoption by institutional investors.

Donald Trump plans to launch new social media platform ‘Truth Social’

The company also plans a subscription video on-demand service. Trump has long signaled aspirations to start a social media company after he was booted from Twitter & Facebook.

Jack Dorsey tweets ‘705742’ and sets Crypto Twitter abuzz

Dorsey frequently tweets about crypto market. Last week he said his firm Square Inc would follow a hardware wallet model and 'build in the open in collaboration with the community'.

Squid Game shows how Netflix has mastered the art of keeping its subscribers

The enticement of a bizarre plot, mysterious title and hefty degree of FOMO has fueled "Squid Game" curiosity around the world, making it Netflix’s biggest series ever.

‘Squid Game’ beats high-profile American shows, becomes Netflix’s biggest series launch ever

Netflix said 'Squid Game' has attracted 111 million views since its release on 17 September, which surpassed its previous top show 'Bridgerton' that hit 82 million households.

Air India’s privatisation comes two decades late, but taxpayers should be relieved

It won’t be an easy integration, but international investors should be thrilled to get the deal they have always equated with a clear signal that India wants less govt in commerce.

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?