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Business

Roving Periscope: Russia demands frozen assets worth USD 229 bn from Europe

December 16, 2025 revoi editor 0

Virendra Pandit New Delhi: Russia has filed a lawsuit seeking 18.2 trillion rubles (USD 229 billion) in damages from Europe’s largest securities depository, Euroclear, the Interfax news agency said. The legal move comes as the European Union (EU) debates how to use frozen Russian sovereign assets to support war-ravaged Ukraine. Euroclear holds around 185 billion euros (USD […]

Business

Depreciation: Indian rupee falls 23 paise to close at 91.01 per US dollar

December 16, 2025 revoi editor 0

Virendra Pandit New Delhi: The Indian rupee fell 23 paise against the US dollar to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, the lack of a breakthrough in the India-US trade deal, and persistent US dollar buying. During the Tuesday session, the rupee […]

English

Adani Foundation’s Bhagwat Katha Draws Massive Crowd in Kutch; Dr. Pritiben Adani Stresses Human Development

December 16, 2025 revoi editor 0

Siracha, 15 December 2025: The second day of the seven-day Shrimad Bhagwat Katha, organized by the Adani Group with the sacred objective of “Sarvajanhitaya Sarvajansukhay” (for the welfare and happiness of all), witnessed an overwhelming response. The massive turnout caused the Kathamandap (dome/pandal) to fall short of space. Adani Foundation Chairperson Dr. Pritiben Adani began her […]

Business

Trade: Despite steep US tariffs, Indian exports grow, says govt

December 15, 2025 revoi editor 0

Virendra Pandit New Delhi: Driven by a fall in gold, oil, and coal imports, and despite steep US tariffs, India’s trade deficit narrowed from USD 41.68 billion in October to USD 24.53 billion in November 2025, according to the official data released by the government on Monday. Trade, including merchandise and services, recorded exports […]

Business

Roving Periscope: Chinese billionaire fathers ‘hundreds’ of US-born kids!

December 15, 2025 revoi editor 0

Virendra Pandit New Delhi: For decades, the media reported how those aspiring for an American green card or citizenship employed various tactics to sneak into the USA. But this Chinese billionaire may have used weaknesses in surrogacy laws to create his own progeny in the USA! Is it China’s silent coup in the US, […]

Business

H-1B visa: California, other states challenge Trump’s steep fee hike

December 13, 2025 revoi editor 0

Virendra Pandit New Delhi: California and 19 other US states filed a fresh lawsuit on Friday seeking to block President Donald Trump’s USD 100,000 fee on new H-1B visas for highly-skilled foreign workers, the media reported on Saturday. The states joining California in the lawsuit include New York, Massachusetts, Illinois, New Jersey, and Washington. […]

Business

Roving Periscope: How a US firm smuggled out Venezuelan woman to receive the Nobel Peace Prize?

December 13, 2025 revoi editor 0

Virendra Pandit New Delhi: It may become the stuff of a Hollywood movie: an American company, with support from the US military, smuggling out a Nobel Peace Prize awardee from Venezuela, against which President Donald Trump is waging a war! Even after months of multiple ceasefire claims, manipulated nominations, and an active campaign, Trump […]

Defence

Pakistan: With gains fragile, IMF tightens noose, slaps 11 more conditions

December 12, 2025 revoi editor 0

Virendra Pandit New Delhi: The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan under its USD 7 billion bailout programme to crack down on corruption in the South Asian country. The move raised the total compliance requirements on Pakistan to 64 over 18 months, according to the Fund’s staff-level report for […]

Business

Weather: After Asia, heavy rains and flood pound America as well

December 12, 2025 revoi editor 0

Virendra Pandit New Delhi: Days after heavy rains, floods, and landslides killed hundreds and severely affected life in Sri Lanka, Indonesia, China, and other Asian countries, Nature’s fury is now focused on the Americas. Historic floods in Washington State have washed away several homes and left families stranded, early media reports on Friday said. […]

Business

Automobiles: Record sales of two, three & four-wheelers in November 2025

December 12, 2025 revoi editor 0

Virendra Pandit New Delhi: With Diwali bonanza offers and GST rate cuts, India’s automobile industry registered record sale of two, three and four wheelers in November 2025, the media reported on Friday. According to the monthly data gathered by the Society of Indian Automobile Manufacturers (SIAM), the domestic total two-wheeler dispatches grew by more […]