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Business

Trump tariffs: India well-positioned to deal with negative effects, says Moody’s Ratings

May 21, 2025 revoi editor 0

Virendra Pandit New Delhi: Dispelling fears in some quarters, Moody’s Ratings said on Wednesday that India is well-positioned to deal with the negative effects of the current US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the Indian economy. The media reported that government initiatives to boost […]

English

EAM Jaishankar meets Danish PM in Copenhagen, discusses green partnership, anti-terror cooperation

May 21, 2025 revoi editor 0

External Affairs Minister S. Jaishankar, currently on an official visit to Denmark, met Danish Prime Minister Mette Frederiksen in Copenhagen, conveying Prime Minister Narendra Modi’s personal greetings and reaffirming India’s commitment to deepen its Green Strategic Partnership with Denmark. Taking to X, EAM Jaishankar wrote, “Thank PM Mette Frederiksen for warmly receiving me in Copenhagen […]

English

Airstrikes kill dozens in Gaza, international criticism of Israel grows

May 21, 2025 revoi editor 0

Israeli forces killed at least 55 Palestinians in airstrikes in Gaza on Tuesday, local medics said, continuing to bombard the enclave despite mounting international pressure to halt military operations and allow unimpeded deliveries of aid. Britain announced it was suspending trade talks with Israel and summoning its ambassador over “egregious policies” in the occupied West […]

Business

Fundamentally Flawed: Nvidia CEO Huang on U.S. Export Policy Fueling China’s Own Chip Development

May 21, 2025 revoi editor 0

U.S. export controls on artificial intelligence chips to China were “a failure,” Nvidia Chief Executive Jensen Huang said on Wednesday. “All in all, the export control was a failure,” Huang said, adding, “The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, have been proven to be fundamentally […]

English

EU, Britain go ahead with new Russia sanctions without waiting for Trump

May 21, 2025 revoi editor 0

The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump’s phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions. London and Brussels said their new measures would zero in on Moscow’s “shadow fleet” of […]

English

PM Modi pays tributes to Rajiv Gandhi on his 34th death anniversary

May 21, 2025 revoi editor 0

Prime Minister Narendra Modi on Wednesday paid tributes to former Prime Minister Rajiv Gandhi on the occasion of his 34th death anniversary. Rajiv Gandhi, who served as India’s Prime Minister from 1984 to 1989, assumed office following the assassination of his mother, then Prime Minister Indira Gandhi. At the age of 40, he became the […]

Business

Indian stock market opens higher amid mixed global cues and sectoral buying

May 21, 2025 revoi editor 0

The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank, and financial service sectors in the early trade. At around 9.35 am, Sensex was trading 296.53 points or 0.37 per cent, up at 81,482.97 while the Nifty added 88.90 point or 0.36 per […]

Business

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

May 21, 2025 revoi editor 0

Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 percent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State Bank of India’s Economic Research Department has built a ‘Nowcasting Model’ with 36 high frequency indicators associated […]

English

Amazon fires drive unprecedented global forest loss in 2024, report says

May 21, 2025 revoi editor 0

Massive fires fuelled by climate change led to global forest loss smashing records in 2024, according to a report issued on Wednesday. Loss of tropical pristine forests alone reached 6.7 million hectares (16.6 million acres), an 80% spike compared to 2023, and an area roughly the size of Panama, mainly because Brazil, the host of […]

Business

Torrent Pharma : Aman Mehta appointed as Managing Director

May 20, 2025 revoi editor 0

Torrent Pharma said, Aman Mehta, currently Whole-time Director, Torrent Pharmaceuticals Limited, holds a degree in Economics from Boston University and an MBA from Columbia University, New York. During his journey with the Group, he has held leadership roles across both Power and Pharma verticals. In his role as Executive Director at Pharma, he was primarily […]