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Bloomberg

Bloomberg

Page 41 - Bloomberg/reuters

Indian auto stocks add $33 bn in value as GST cut boosts demand, profits

BSE Ltd's measure of 20 auto firms has added about $33 billion in market value since August 15 when Prime Minister Narendra Modi first announced the government's plan to lower goods and services tax

Indian auto stocks add $33 bn in value as GST cut boosts demand, profits
Updated On : 09 Sep 2025 | 10:58 AM IST

RBI cut US debt, boosted gold reserves even before Trump's tariffs

India's finance minister said last week the RBI was taking a "very considered decision" to diversify reserves - which currently stands at about $694 billion dollars, the fourth-biggest in the world

RBI cut US debt, boosted gold reserves even before Trump's tariffs
Updated On : 09 Sep 2025 | 8:38 AM IST

Macron looks to appoint new French PM after Bayrou loses confidence vote

While Macron doesn't lack for people who might accept the role, selecting someone who can find common ground among the groups is far from obvious

Macron looks to appoint new French PM after Bayrou loses confidence vote
Updated On : 09 Sep 2025 | 8:17 AM IST

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show

The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show
Updated On : 08 Sep 2025 | 11:09 PM IST

EU considers fresh set of sanctions on Russia to hit banks and oil trade

The bloc is hoping to coordinate some of its latest measures with the US, said the people, who spoke on the condition of anonymity to discuss private deliberations

EU considers fresh set of sanctions on Russia to hit banks and oil trade
Updated On : 08 Sep 2025 | 10:51 PM IST

US proposes annual China chip supply approvals for Samsung, Hynix

The VEU system granted Samsung and SK Hynix perpetual approval to ship estimated quantities of supplies, based on up-front security and monitoring commitments, to factories in China

US proposes annual China chip supply approvals for Samsung, Hynix
Updated On : 08 Sep 2025 | 1:08 PM IST

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy

India's oil demand growth set to outpace China in 2025: Trafigura
Updated On : 08 Sep 2025 | 12:21 PM IST

Trump's ultimatums to Putin face reality as Russia escalates war in Ukraine

Since taking office, Trump has largely sided with Putin, blaming the US, cutting Kyiv's aid, and limiting intelligence, aiding Russia in regaining lost territory

Trump's ultimatums to Putin face reality as Russia escalates war in Ukraine
Updated On : 08 Sep 2025 | 11:22 AM IST

Empowering women could be Pak's key to recovery after devastating floods

Pakistan faces a second major flood in three years, and experts say empowering women and investing in grassroots initiatives could be the key to resilient recovery and long-term growth

Empowering women could be Pak's key to recovery after devastating floods
Updated On : 08 Sep 2025 | 10:45 AM IST

Mercedes-Benz launches electric version of top SUV to boost luxury push

Unveiled at the Munich auto show on Sunday, the GLC sport utility vehicle competes with BMW AG's iX3 and Tesla Inc.'s Model Y

Mercedes-Benz launches electric version of top SUV to boost luxury push
Updated On : 08 Sep 2025 | 10:02 AM IST

China may ease crypto curbs as stablecoins challenge dollar dominance

With the, apparently coincidental, four-year anniversary of the last big tightening coming up this month, expect the next move by authorities to be a change of heart, a relaxation

China may ease crypto curbs as stablecoins challenge dollar dominance
Updated On : 08 Sep 2025 | 9:57 AM IST

India treads with caution as Trump softens rhetoric after trade tensions

Trump said at the White House on Friday there was nothing to worry about with US-India ties and the two countries had a special relationship

India treads with caution as Trump softens rhetoric after trade tensions
Updated On : 08 Sep 2025 | 9:51 AM IST

Taiwan's Pacific influence dwindles as China gains ground in island nations

From six diplomatic alliances in the region in 2019, Taiwan now only has three: The Marshall Islands, the Republic of Palau, and Tuvalu

Taiwan's Pacific influence dwindles as China gains ground in island nations
Updated On : 08 Sep 2025 | 9:43 AM IST

AstraZeneca's lung cancer combination boosted survival in key study

The combination helped patients with a specific type of advanced non-small cell lung cancer live for 47.5 months at the median, the longest survival benefit ever reported

AstraZeneca's lung cancer combination boosted survival in key study
Updated On : 07 Sep 2025 | 12:19 PM IST

Thai cannabis industry eyes revival under new PM who backed its rise

Since Anutin decriminalised marijuana in 2022 as health minister, making Thailand the first Asian nation to do so, the industry has been whiplashed by a series of policy reversals

Thai cannabis industry eyes revival under new PM who backed its rise
Updated On : 07 Sep 2025 | 9:36 AM IST

Modi-Xi handshake, fresh tax cuts boost case for lagging Indian stocks

Improving trade links with the world's second-biggest economy add to a string of positives for India, including the prospect of further central bank interest-rate cuts

Modi-Xi handshake, fresh tax cuts boost case for lagging Indian stocks
Updated On : 07 Sep 2025 | 7:23 AM IST

Opec+ agrees in principle to raise oil output in Oct, easing supply cuts

Key alliance members said they expect to approve adding about 137,000 barrels during a video call on Sunday, as the group led by Saudi Arabia and Russia begins unwinding next layer of halted supplies

Opec+ agrees in principle to raise oil output in Oct, easing supply cuts
Updated On : 07 Sep 2025 | 6:55 AM IST

Trump to skip G20 summit in South Africa, V-P Vance to attend in his stead

The president's fight with South Africa reached a boiling point in May when he ambushed President Cyril Ramaphosa with a video purporting to back up his claims White farmers are being targeted

Trump to skip G20 summit in South Africa, V-P Vance to attend in his stead
Updated On : 06 Sep 2025 | 2:25 PM IST

US appeals court blocks Trump from withholding billions in foreign aid

A 2-1 ruling by a three-judge appeals panel on Friday dealt Trump another setback in his effort to block spending of billions in foreign aid already approved by Congress for global programmes

US appeals court blocks Trump from withholding billions in foreign aid
Updated On : 06 Sep 2025 | 9:51 AM IST

Trump names Hassett, Warsh and Waller as top three finalists for Fed chair

Earlier, Trump indicated that while he had some idea of who he wanted to pick for the position, he was committed to an interview process

Trump names Hassett, Warsh and Waller as top three finalists for Fed chair
Updated On : 06 Sep 2025 | 9:41 AM IST