Page 198 - Bloomberg

Temasek in talks to pick minority stake in Haldiram's at $11 bn valuation

The Singapore state investor is holding preliminary talks to buy from 10 per cent to 15 per cent in Haldiram's

World Food Price Index registers biggest increase since March 2022

An index of food-commodity prices created by the United Nations' Food and Agriculture Organization rose to the highest level since August last year, according to data released

Meta unveils AI tool that can generate, edit videos based on text prompts

Meta's product, Movie Gen, can create a new video up to 16 seconds long based on a text prompt. It can also use such prompts to generate audio for or edit an existing video

BofA expects India's forex reserves to reach $745 billion in March 2026

RBI Governor Shaktikanta Das has repeatedly stressed the need to build a forex buffer to act as a shield during periods of market volatility

India, EU regulators in negotiations as October deadline on oversight looms

The Reserve Bank of India denied European Securities and Markets Authority's request to co-supervise Indian transactions, citing concerns over "extra-territorial reach"

Iran's nuclear breakout nears, raising likelihood of Israeli strike

What hasn't changed in recent weeks is that Iran spent the last decade hardening its nuclear program against attack

Israel-Iran war would be a deadly, dangerous mess for Middle East

If Israel proceeds with air attacks, the Iranian response would be significant

Make in India needs a reset. It won't work unless we focus on exports

The trouble is that Indian manufacturers appear less and less interested in becoming export powerhouses

Antarctica's winter sea ice in 2024 was lowest ever, except for 2023

In the Antarctic, sea ice typically covers the largest expanse of ocean at some point in September

Israel strikes Hezbollah targets in Beirut as G-7 calls for restraint

The air strikes targeted weapons depots, command centers and intelligence operatives, according to the Israeli Defense Forces

US to spend $1.2 billion to restock arms after Iran, Houthi attacks

The largest chunk of projected Pentagon spending from a year's worth of Middle East operations is $300 million for unplanned depot maintenance

GQG Partners' Rajiv Jain unimpressed by China stock mania sweeping globe

The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12 per cent

G-7 countries to hold emergency meeting as Israel-Iran conflict escalates

Italy, which holds this year's G-7 presidency, will host the extraordinary call on Wednesday. Foreign Minister Antonio Tajani told Parliament time was of the essence to avoid further escalation

Adani Group plans to invest $900 mn in Tanzania power lines in PPP mode

Adani Group has expressed its interest to the East African government, according to David Kafulila, executive director of Tanzania's Public-Private Partnership Centre

Bitcoin falls 4.7% as West Asia tension spurs caution across markets

The digital asset fell 4.7 per cent on Tuesday, the most in nearly a month, after Iran fired about 200 ballistic missiles at Israel in a sharp but brief escalation of hostilities between 2 adversaries

Airlines squeeze into Saudi airspace as West Asian conflict flares

Flying more circuitous routes increases flight times and fuel expenses for airlines, and complicates schedules that depend on aircraft being in the right place at the right time

Japanese investors' $4 trillion 'carry trade' begins to slowly unwind

In the first eight months of the year, Japanese investors snapped up a net ¥28 trillion ($192 billion) of the nation's government bonds, the largest amount for the time frame in at least 14 years

Stock brokers in Hong Kong swamped by 'once in a century' stock frenzy

Brokers across Hong Kong are experiencing a similar euphoria as the stocks of Chinese companies soar in the wake of landmark stimulus moves by Beijing last week

Adani's airport project spark protests, lawsuits, hearings in Kenya

Adani would also be allocated land to build hotels and businesses to compliment the airport, as well as being granted favorable tax treatment from the Kenyan government

CCI approves Mankind Pharma's purchase of Bharat Serums for $1.6 bn

Mankind Pharma, which has brands including Manforce condoms and Prega News pregnancy tests, signed an agreement to acquire Bharat Serums