India admits gold data error that pushed trade gap to record high
The miscalculation led to a four-fold increase in gold imports to a record $14.8 billion in Nov, causing the trade
All posts by Bloomberg
Read More »
Bloomberg
13:27
Vedanta seeks $450 million to repay top-performing junk bonds
Vedanta's notes maturing in April 2026 were among the top performers in India's high-yield sector last year, delivering an 80%
Bloomberg
19:23
Apple’s $1 billion offer not enough to lift Indonesia’s ban
Domestic content rules require Apple to produce part of its smartphones or components onshore, while the AirTag is only an
Bloomberg
19:21
JSW Steel’s $74 million coal deal frozen amid Mozambique legal row
The thwarted transaction with Minas de Revuboè is a blow to India’s largest steelmaker’s plans to mine more of the
Bloomberg
17:21
India fixing record trade deficit after overstating gold imports
India’s widening trade deficit has put pressure on the currency, which weakened almost 3% over the past year and hit
Bloomberg
12:24
India’s new RBI chief faces rupee policy dilemma amid surging dollar
As the rupee continues to decline and India’s foreign-exchange reserves diminish, the financial community is closely monitoring how Malhotra will
Bloomberg
10:22
Government considers lifting ban on trade in some crop futures
SEBI-commissioned study concludes that the ban on agricultural commodities, including chickpeas, rapeseed, soybeans, green gram and crude palm oil, harmed
Bloomberg
00:20
Berkshire-owned lender sued by CFPB over ‘unaffordable’ loans
Vanderbilt Mortgage & Finance Inc. is accused of knowingly issuing “unaffordable” home mortgages...
Bloomberg
01:19
Elon Musk turns on UK populist Farage after attacking Labour
It’s an abrupt about-face by Musk, who just days ago said “only” Farage’s Reform UK can “save” Britain while calling for fresh
Bloomberg
23:28
Musk is a majority-maker, and he won’t let Congress forget it
Musk's political action committee spent $19.2 million in the final six weeks of the 2024 election to back Republicans in
