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Adani says US legal issues behind it, bets on AI-driven infrastructure boom

May 31, 2026 revoi editor 0

New Delhi, May 31: Billionaire Gautam Adani said the Adani Group has moved beyond its US legal challenges and is accelerating investments across energy, transport, logistics and digital infrastructure, positioning itself to benefit from rising demand for artificial intelligence-led growth. In his annual letter to shareholders, Adani said the conglomerate remained committed to expansion despite heightened […]

Business

Wow: America, Pakistan bhai, bhai, says US Defense Secretary Pete Hegseth!

May 30, 2026 revoi editor 0

Virendra Pandit New Delhi: United States Defense Secretary Pete Hegseth on Saturday said a “true friendship” was developing between Washington and Islamabad, crediting Pakistan’s army chief “Field Marshal” Asim Munir and Prime Minister Shehbaz Sharif, in that order, for their role as peace negotiators. To refurbish Pakistan’s tarnished global image and end international isolation—even […]

Business

Roving Periscope: Broke, Pakistan hires expensive lobbying firm to impress the US!

May 30, 2026 revoi editor 0

Virendra Pandit New Delhi: Despite its sinking economy, hyperinflation, mounting debts, and its millions of citizens fighting for basic needs, Pakistan is burning American dollars for an image makeover in the US and end its international isolation as a pariah state, the media reported on Saturday. For this, the Islamist nation, the global terror […]

Business

Markets: Geodynamic uncertainties drag Sensex, Nifty down over 1.4%

May 29, 2026 revoi editor 0

Virendra Pandit New Delhi: Fears of a fresh US-Iran war, uncertainties over a peace deal between them, and deepening market anxiety dragged Indian equity benchmarks down by more than 1.4 per cent on Friday. While the Nifty 50 fell 359.40 points (1.5 per cent) to close at ⁠23,547.75, the BSE Sensex shed 1092.06 points […]

Defence

Plastic currency: RBI revives idea of polymer notes, says report

May 29, 2026 revoi editor 0

Virendra Pandit New Delhi: India may soon get plastic currency notes as the Reserve Bank of India (RBI) has revived a decade-old plan, the media reported on Friday. The central bank is considering a pilot project for polymer banknotes, citing longer shelf life, lower replacement costs, and rising demand for cash despite the growth […]

Business

Growth: India’s outlook for FY27 remains positive, says RBI report

May 29, 2026 revoi editor 0

Virendra Pandit New Delhi: Despite the ongoing West Asian conflict and the attendant risks, which could pose headwinds to growth and inflation in the short run, the overall growth outlook for India in the financial year 2026-27 remains positive, the Reserve Bank of India (RBI) has said. The central bank’s Annual Report for FY26 […]

Business

Politics: Siddu agrees to resign; DK Shivakumar to be next Karnataka CM

May 28, 2026 revoi editor 0

Virendra Pandit New Delhi: Karnataka Congress chief and Deputy Chief Minister DK Shivakumar will replace incumbent Siddaramaiah as the next Chief Minister of the only major state where the Congress party is currently in power. After hectic parleys and politicking, two-time Chief Minister Siddaramaiah, 77, also known as Siddu, will submit his resignation to […]

Business

Roving Periscope: Chasing a peace deal, the US launches fresh strikes on Iran

May 28, 2026 revoi editor 0

Virendra Pandit New Delhi: With no headway in the stalemated peace talks, the US late on Wednesday launched fresh ‘defensive’ strikes on an Iranian military facility, after drone threats near the Strait of Hormuz, the media reported. Reports quoted two US officials saying that the US military forces shot down four Iranian drones and […]

Business

Adani Firms Extend Rally to Recoup Losses Sparked by Hindenburg

May 28, 2026 revoi editor 0

Shares of billionaire Gautam Adani’s group companies have erased all losses triggered by a scathing short-seller report in 2023, as the conglomerate overcomes regulatory challenges. The group’s nine listed firms have recovered about $150 billion in market value wiped out after US-based Hindenburg Research accused the ports-to- power conglomerate of widespread corporate misconduct. All nine […]

Business

Pakistan: Its role as mediator between the US and Iran “problematic!”

May 27, 2026 revoi editor 0

Virendra Pandit New Delhi: A day after Pakistan ruled out joining the “Abraham Accords 2.0”, US Senator Lindsey Graham, a close President Donald Trump ally, questioned the South Asian country’s commitment to brokering peace between the United States and Iran. Islamabad, which Trump asked to mediate between Washington and Tehran, unambiguously rejected the US […]