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Sunday, November 9, 2025
TopicReuters

Topic: Reuters

PhonePe in talks to raise funds at $12 billion valuation led by General Atlantic

General Atlantic is likely to lead the round with an investment of $450- $500 million, making PhonePe the most valuable Indian financial tech firm, surpassing Razorpay and Paytm.

Inox, PVR bank on festive season to bring cheer back as occupancy rates stay under 25% in Q2

Occupancy rates at Inox were 17% and PVR at 24% this quarter, analysts at a research firm said, while blaming lackluster attendance, Bollywood fatigue and rise of streaming services.

Singapore seeks to prevent court challenges to laws & policies on marriage in constitution

The government filed bills in parliament on Thursday to decriminalise sex between men, & to amend the constitution to prevent court challenges to laws & policies concerning marriage.

First time in 32 years, Japanese yen dips past 150 per dollar

This comes as the greenback was supported by Treasury yields trading at multi-year highs, keeping markets on high alert for any signs of an intervention from Japanese authorities.

UK PM Truss clings to power as approval ratings tank to historic low for a British leader

6 weeks into the job, Truss has seen a bond market rout, suffered the lowest approval ratings of a British leader, and has now lost her interior minister who quit on Wednesday.

Without Bumrah & Jadeja, India’s middle order holds key to winning T20 World Cup

India will need batters to find an extra gear to compensate for their bowling limitations to win the T20 trophy, as they open their campaign against Pakistan Sunday.

Rupee falls to record low of 82.77 per US dollar, down from 82.36 in previous session

Traders from two private banks said that large dollar demand from two public sector companies had contributed to the rupee's fall to record low.

India has sufficient foreign reserves & deficit to remain sustainable, as per Fitch Ratings

The ratings agency added that India's public finances remain the key driver of the country's sovereign rating and its limited reliance on external financing helps.

UN seeks India’s support to mobilise G20 to help ailing countries saddled with debt

The G20 President, India's neighbours Sri Lanka, Pakistan and Bangladesh have recently sought IMF loans due to high oil prices, and the economic damage from the pandemic.

Govt should stop ‘chasing high divestment targets’, says finance ministry official

The finance ministry official says to focus on privatisation of state-run companies instead, pointing to market volatility and investors' shaky appetite for risk.

On Camera

I am a dog lover, but we don’t know how to win the war on strays

We have failed terribly at two important things. One, we are reacting to this issue only emotionally, not logically. And two, we are not asking the right questions.

In NCLAT’s WhatsApp ruling, reminder of India’s cautious view of competition disputes involving Big Tech

WhatsApp privacy policy case is among a string of matters involving practices like restrictive platform rules, pricing & billing policies, reflecting India’s tight scrutiny of market dominance.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

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.