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Business

India’s forex reserves rise by $2.7 billion to $698.19 billion

August 2, 2025 revoi editor 0

India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by foreign currency assets, which went up by $1.31 billion to $588.93 billion. These assets, expressed in dollar terms, include […]

Business

Indian Army inks Rs 223 crore deal for nextgen Tank Transporter Trailers

August 2, 2025 revoi editor 0

The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace and Technologies Private Limited for the procurement of 212 next-generation 50-tonne Tank Transporter Trailers to speed up logistics in battle situations. These hi-tech trailers feature hydraulic and pneumatic loading ramps along with steerable and liftable axles. These capabilities will enable the […]

English

India and Russia have steady, time-tested partnership: MEA

August 2, 2025 revoi editor 0

Lauding ties between India and Russia, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Friday said that the two nations have a “steady and time-tested partnership”. While addressing a weekly media briefing in New Delhi, Jaiswal noted that India’s ties with any nation stand on their own merit and should not be seen through […]

Business

PM Modi to visit Varanasi, launch development projects worth Rs 2,200 crore today

August 2, 2025 revoi editor 0

Prime Minister Narendra Modi today is scheduled to visit Varanasi, Uttar Pradesh, on Saturday to inaugurate and lay the foundation stone for a wide range of development projects worth approximately Rs 2,200 crore. During his visit, PM Modi will address a public gathering at around 11 a.m. and will release the 20th instalment of the […]

Business

Over 1.97 lakh entities registered under ‘startup’ category on BHASKAR platform

August 2, 2025 revoi editor 0

The government has informed us that 197,932 entities are registered under the ‘startup’ category on the BHASKAR platform (till June 30). The Bharat Startup Knowledge Access Registry (BHASKAR) enables collaboration among the entrepreneurial ecosystem, including startups. BHASKAR is currently in the pilot phase, wherein key features are being tested, including peer-to-peer interaction, partnerships, and collaborative […]

Business

Adani Agri Fresh Digital Mandi Set to Revolutionise Apple Trade in Himachal Pradesh

August 1, 2025 revoi editor 0

In a pioneering move to modernise India’s agri-commerce landscape, Adani Agri Fresh launched the country’s first Digital Mandi for apples in Bithal-Rampur, Himachal Pradesh, on Wednesday. The platform blends cutting-edge automation with a farmer-first approach to overhaul how apples are graded, priced and sold—ushering in a new era of transparency and trust. The Digital Mandi […]

Business

Roving Periscope: Trump’s tariff terror hits many nations, but markets resilient

August 1, 2025 revoi editor 0

Virendra Pandit New Delhi: US President Donald Trump’s latest wave of import duty on exports from several trading partners, including India, Brazil, Canada, and Taiwan, on Friday slightly impacted markets on Friday as some countries tried to clinch better deals, the media reported. His new tariff rates include a 35 percent duty on many […]

Business

Trump issues executive order formalising India’s tariff at 25 percent

August 1, 2025 revoi editor 0

As the deadline for tariffs neared, US President Donald Trump imposed the threatened tariff of 25 percent on India starting Friday as the prolonged negotiations appeared to have stalled. His executive order, issued late Thursday, did not include penalty tariffs on buying Russian energy or for BRICS membership, which he had also threatened. When Trump […]

Business

Japanese banks’ investments in India growing stronger: Envoy

August 1, 2025 revoi editor 0

Japanese Ambassador to India, Ono Keiichi, on Friday said he had a detailed conversation with Reserve Bank of India (RBI) Governor Sanjay Malhotra on the expanding role of Japanese banks in India’s economy. In a post on social media platform X (formerly Twitter), the envoy highlighted that the meeting focused on the expansion of Japanese […]

Business

Indian stock markets end lower as India-US trade deal stalls

August 1, 2025 revoi editor 0

Indian stock markets ended in negative territory on Friday after the announcement of fresh tariffs by the United States on imports from India. The 25 per cent tariff declaration by US President Donald Trump impacted investor sentiment, leading to broad-based selling across sectors. The BSE Sensex declined by 585.67 points, or 0.72 per cent, to […]