Advait Palepu

India-Bound Tanker Carrying Russian Crude U-Turns in Baltic Sea An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between the two countries after the US tightened sancti...

www.bloomberg.com/news/article...

"An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential disruption in oil trade between the two countries after the US tightened sanctions on Moscow."

Modi Skipped Summit Due to Worries Trump Would Mention Pakistan Indian Prime Minister Narendra Modi stayed away from a regional leaders summit in Malaysia this week to avoid meeting US President Donald Trump and having a possible discussion about Pakistan, people ...

www.bloomberg.com/news/article...

Officials in the Indian government were apprehensive that Trump would repeat his claim that he mediated a ceasefire between India and Pakistan after a four-day armed conflict in May.

India has consistently denied Trump’s involvement.

✍️Sudhi Ranjan Sen

Indian State Refiners Aim to Buy More LPG From US as Part of Planned Deal India’s state-owned refiners intend to buy more liquefied petroleum gas from the US at the expense of Middle Eastern supplies as part of a planned trade deal, people familiar with the companies’ plans...

www.bloomberg.com/news/article...

India’s state-owned refiners intend to buy more liquefied petroleum gas from the US at the expense of Middle Eastern supplies as part of a planned trade deal, people familiar with the companies’ plans said.

Indian Tax Authorities Raid Proprietary Trading Firm Graviton India’s tax authorities have raided the local offices of Graviton Research Capital LLP as the country steps up scrutiny of trading firms.

www.bloomberg.com/news/article...

India’s tax authorities have raided the local offices of Graviton Research Capital LLP as the country steps up scrutiny of trading firms.

LG India’s Bankers Hauled in Higher Fees Than Tata’s Bigger IPO Tata Capital Ltd. just completed India’s biggest initial public offering of the year but it turns out that LG Electronics India Ltd.’s smaller deal was the more lucrative job for the banks.

www.bloomberg.com/news/article...

LG's bankers got paid 450 million rupees each for arranging its IPO on the Indians stock exchanges, almost triple the average for bankers behind Tata Capital's IPO

Indian Rupee Bears Crushed by Central Bank's Surprise Intervention Ten months into his tenure, India’s central bank head Sanjay Malhotra has sent a clear signal to currency traders: the rupee can move a little more freely, but speculators risk getting crushed.

www.bloomberg.com/news/article...

Ten months into his tenure, India’s central bank head Sanjay Malhotra has sent a clear signal to currency traders: the rupee can move a little more freely, but speculators risk getting crushed.

Citadel Securities Plans India Push as Watchdog Seeks Liquidity Billionaire Ken Griffin’s Citadel Securities LLC is mulling an entry into commodity markets in India and sees the country as a key growth driver over the next decade as its market watchdog tries to im...

www.bloomberg.com/news/article...

Billionaire Ken Griffin’s Citadel Securities LLC is mulling an entry into commodity markets in India and sees the country as a key growth driver over the next decade as its market watchdog tries to improve liquidity in the cash market.

India Regulator to Upgrade HFT Rules to Ensure Fair Play India’s securities regulator will upgrade its algorithmic and high-frequency trading framework to ensure a level playing field for all market participants, its chief said on Thursday.

www.bloomberg.com/news/article...

India’s securities regulator will upgrade its algorithmic and high-frequency trading framework to ensure a level playing field for all market participant, Tuhin Kanta Pandey, chairman of the SEBI told Bloomberg

Shark Tank Judge Peyush Bansal Nears Billionaire Status With Lenskart IPO Peyush Bansal founded eyewear-maker Lenskart Solutions Ltd. more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar business. Now the 41-year-old entrepreneur a...

www.bloomberg.com/news/article...

Peyush Bansal founded eyewear-maker Lenskart Solutions Ltd. more than 15 years ago with partners he met on LinkedIn and grew it into a multi-billion dollar business. Now the 41-year-old entrepreneur and Indian television star is in line for a windfall.

Billionaire Nirmal Jain Hiring 60 Bankers for India Wealth Boom Tycoon Nirmal Jain is aggressively hiring bankers and pivoting his brokerage to wealth management, underscoring how Indian firms are racing to tap the nation’s swelling ranks of rich clients.

www.bloomberg.com/news/article...

"Tycoon Nirmal Jain is aggressively hiring bankers and pivoting his brokerage to wealth management, underscoring how Indian firms are racing to tap the nation’s swelling ranks of rich clients."

How to Invest 10 Lakh Rupees Keep it simple and play the long game. Experts share strategies on where to invest in India as Trump tariffs rewrite the global trade rulebook.

www.bloomberg.com/features/how...

Where to Invest 10 Lakh Rupees?
We asked Four experts on the best opportunities for Indian investors as global uncertainty reigns

✍️w/ Savio Shetty & Preeti Singh

India Signals Tougher US Trade Stance as China’s Tactic Pays Off Indian officials said trade talks with the US remain on track, although there are signs that New Delhi is adopting a tougher approach in negotiations, following China’s defiance of US President Donald...

www.bloomberg.com/news/article...

"...India threatened to impose retaliatory tariffs on the US in response to Trump’s higher duties on steel and aluminum. New Delhi’s move was likely a negotiating tactic..."

✍️Shruti Srivastava and Ruchi Bhatia

Jane Street Trading Investigation Closed by India’s NSE India’s largest stock exchange has closed an investigation into irregular trades by Jane Street Group, one of the most active foreign players in the country’s derivatives markets, according to people ...

www.bloomberg.com/news/article...

"India’s largest stock exchange has closed an investigation into irregular trades by Jane Street Group, one of the most active foreign players in the country’s derivatives markets"

✍️Chiranjivi Chakraborty, Alex G Simon & Anto Antony

Pakistan Says Five Indian Planes Shot Down Pakistan said it shot down five Indian airplanes in retaliation to Indian military strikes early Wednesday.

www.bloomberg.com/news/article...

Pakistan said it shot down five Indian airplanes in retaliation to Indian military strikes

The downing of the jets are not “hostile acts” and Pakistan was defending its territory, Pakistan Defense Minister Khawaja Muhammad Asif told Bloomberg TV

India, Pakistan Trade Military Strikes After Kashmir Attack India conducted targeted military strikes against Pakistan, which said it shot down five Indian jets in retaliation, in widely expected tit-for-tat blows after a militant attack last month in Kashmir ...

www.bloomberg.com/news/article...

"India conducted targeted military strikes against Pakistan, which said it shot down five Indian jets in retaliation, in widely expected tit-for-tat blows after a militant attack last month in Kashmir that killed 26 people."

Pakistan Says It Has Shot Down Five Indian Planes India Strikes Pakistan After Kashmir Attacks: Live News and Updates

bloomberg.com/news/live-blog/2025-05-06/india-strikes-pakistan-after-kashmir-attack?srnd=homepage-asia

The military strikes by India comes exactly two weeks after suspected militants killed 26 people at a popular tourist spot in Kashmir

SMFG Is Said in Talks to Buy Minority Stake in India’s Yes Bank Sumitomo Mitsui Financial Group Inc., Japan’s second-biggest lender, is in talks to buy a significant minority stake in India’s Yes Bank Ltd., according to people familiar with the matter.

www.bloomberg.com/news/article...

"Sumitomo Mitsui Financial Group Inc., Japan’s second-biggest lender, is in talks to buy a significant minority stake in India’s Yes Bank Ltd"

✍️Baiju Kalesh

India Risks Losing a $120 Billion Lifeline as US Curbs Migration Around the world, cash remittances from workers abroad are vital to local economies.

www.bloomberg.com/news/feature...

"For years, money from diasporas globally has powered developing countries like India, where many villages are almost entirely dependent on remittances from abroad."

✍️Swati Gupta, Saijel Kishan, and Kelsey Butler

Pakistan Says India Chokes River Flow as Fears of Conflict Rise Pakistan alleged that India has almost entirely stopped the flow of water across the border through the Chenab river as fears of a clash between the two neighbors mount following a deadly attack in Ka...

www.bloomberg.com/news/article...

"Since Sunday morning, the water flow has been throttled by almost 90% of the usual volume that passes to Pakistan.... The nation will be forced to slash water supplies to farms by a fifth if the flow remains curtailed"

✍️Kamran Haider and Rajesh Kumar Singh

India and Pakistan Edge Toward a Conflict Neither Can Afford India and Pakistan are the closest they’ve been to military conflict in years following last month’s devastating attack on Indian tourists in Kashmir. The turmoil couldn’t come at a worse time for the...

www.bloomberg.com/news/article...

"The turmoil couldn’t come at a worse time for the economies of the two nuclear-armed nations"

✍️Dan Strumpf, Sudhi Ranjan Sen, and Faseeh Mangi

Ambani’s 12-Cent Cola Is Eroding Coke, Pepsi Dominance in India Mukesh Ambani's 12-cent Campa Cola is beginning to erode the dominance of US giants Coke and Pepsi in India's beverage market

www.bloomberg.com/news/article...

"Asia’s richest man is challenging the decades-long dominance of Coca-Cola Co. and PepsiCo Inc. in the most-populous country using a playbook he has practiced to perfection in other sectors: price disruption."

✍️Satviki Sanjay

India Offers Zero-for-Zero Tariffs on Auto Parts, Steel From US India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the US, people familiar with the ...

www.bloomberg.com/news/article...

"India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the US"

✍️Shruti Srivastava and Mihir Mishra

Adani Camp Meets Trump Officials in Push to End US Bribery Cases Representatives for Indian billionaire Gautam Adani and his companies met Trump administration officials about dismissing the criminal charges levied against him in an overseas bribery probe, accordin...

www.bloomberg.com/news/article...

"Representatives for Indian billionaire Gautam Adani and his companies met Trump administration officials about dismissing the criminal charges levied against him in an overseas bribery probe"

✍️Tom Schoenberg, Sanjai P R, and Ava Benny-Morrison

Empty Airports and Half-Finished Highways Plague India After Boom Dozens of India’s big ticket infrastructure projects have underperformed, echoing China’s problems of the past.

www.bloomberg.com/news/feature...

"Indian officials are now questioning whether too much was built too quickly — and if the nation’s growth story is starting to show signs of wear and tear"

✍️Mihir Mishra

www.bloomberg.com/graphics/202...

Must Read

While there's no immediate flashpoint comparable to Taiwan or the South China Sea in the Pacific Ocean, India’s foreign minister and military officials have expressed alarm over the steady increase of China’s naval presence in the Indian Ocean

An Investor’s Guide to India From tech to infra, these are five hot sectors to watch in India in 2025

www.bloomberg.com/features/202...

Bloomberg News spoke to dozens of bankers, financial analysts and entrepreneurs to dig into five of the industries shaping modern India.

✍️@Kai_Schultz and Preeti Singh

India’s Family Office Boom Is Littered With Deals Gone Bust India’s rise — and ensuing wealth boom — has minted more than 868,000 millionaires and some 185 billionaires.

ICYMI

India’s rise has minted a new class of wealthy individuals and new family offices - it's also created a growing list of complaints about unscrupulous practices by people helping the newly rich to invest

www.bloomberg.com/news/article...

India’s Family Office Boom Is Littered With Deals Gone Bust India’s rise — and ensuing wealth boom — has minted more than 868,000 millionaires and some 185 billionaires.

An emerging class of wealthy Indians and family offices has encouraged a rise in wealth managers, alt funds, portfolio managers and intermediaries of shapes and colours. As a result, there is a rise in bad investments and misselling

www.bloomberg.com/news/article...

Finance Reporter - Mumbai

Bloomberg News is hiring reporters in Mumbai:

1: Finance
2: Investment and Real Estate
3: Equity Capital Markets

bloomberg.avature.net/careers/JobD...
bloomberg.avature.net/careers/JobD...
bloomberg.avature.net/careers/JobD...

Asia’s 20 Richest Families of 2025 Asia’s 20 richest families are collectively worth $558.1 billion. Here’s who made the list.

www.bloomberg.com/features/202...

Half a world away from Washington, Asia’s corporate titans are coming to grips with the new, or perhaps all too familiar, reality of Donald J. Trump.

Anders Melin, Bernadette Toh and Pui Gwen Yeung