Economy

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Markets: As the US, Iran pause war, crude prices fall; Indian indices end in green

July 27, 2026 revoi editor

Virendra Pandit   New Delhi: With the US and Iran taking another shot at a likely ‘ceasefire’ in their five-month-long conflict, crude oil prices fell and markets, including Indian, looked up, ending in the green. According to media reports, crude oil futures traded lower on Monday morning after the US and Iran halted strikes against […]

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Business

Roving Periscope: The US and Iran pause war for another round of ‘ceasefire’ talks

July 27, 2026 revoi editor

Virendra Pandit   New Delhi: With their ongoing conflict since February 28 yielding zero tangible and net results, both the US and Iran paused their war, again, on Saturday for another round of likely diplomatic talks for a ‘ceasefire,’ the media reported on Monday. Since the US has halted attacks for the past two nights, […]

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Business

Roving Periscope: Hormuz, Mandeb blockades push Brent above $100; energy crisis may deepen

July 24, 2026 revoi editor

Virendra Pandit   New Delhi: Brent oil prices hovered above USD 100 per barrel on Friday while heading for their fourth week of gains, driven by concerns about disrupted energy ​flows in the Red Sea and fears of further escalation in the ​US-Israeli war on Iran to the Bab el-Mandeb, where Tehran-supported, Yemen-based Houthi militants […]

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Business

Trump tariffs: The US imposes 10% tariff on Indian goods over “forced labour” concerns

July 24, 2026 revoi editor

Virendra Pandit   New Delhi: Ahead of the proposed India-US trade deal, America has imposed a 10 per cent tariff on goods imported from India and 16 other countries as part of a wider action against products made using “forced labour,” the media reported on Friday. Of the 60 countries facing the tariffs, the 10 […]

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Business

Energy security: India may face risk with crude prices nearing $100/bbl, says experts

July 23, 2026 revoi editor

Virendra Pandit   New Delhi: Geopolitical tensions because of the US-Iran war in West Asia and the Russia-Ukraine war, supply risks and OPEC+ production discipline are expected to keep oil prices elevated, posing challenges for India’s growth and corporate earnings, experts said on Thursday. Brent crude was trading near USD 98 per barrel on Thursday, […]

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Business

Economy: Despite monsoon concerns and Iran war, RBI sees resilient growth

July 23, 2026 revoi editor

Virendra Pandit   New Delhi: Amid the ongoing war in West Asia and concerns about the impact of uneven monsoon rains, the Reserve Bank of India has said the country’s ongoing growth is expected to continue, the media reported on Thursday. India’s central bank has reiterated that the South Asian country’s economy remains resilient. However, […]

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Business

Roving Periscope: Pak tries to ‘encash’ Iran MoU, seeks $10 bn from the US!

July 22, 2026 revoi editor

Virendra Pandit   New Delhi: Broke Pakistan does what it can do best: beg or blackmail. It tries to encash everything, everywhere, by whichever means available. This time, Islamabad has targeted Washington, seeking USD 10 billion in return for facilitating the US-Iran ‘peace agreement’, or MoU, which, in any case, is now in tatters with […]

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Business

Roving Periscope: India condemns death of 4 sailors in Russian strike against Ukraine

July 21, 2026 revoi editor

Virendra Pandit   New Delhi: In a rare case, India on Tuesday condemned a Russian attack on a commercial ship near Ukraine’s coast, killing 10, including four Indian seafarers, the media reported. This is the first instance of the death of Indian seafarers in the Russia-Ukraine conflict. India said on Tuesday that it summoned a […]

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Business

Roving Periscope: After death of its 3rd soldier, the US launches fierce strikes on Iran

July 20, 2026 revoi editor

Virendra Pandit   New Delhi: After the death of its third soldier, the US on Monday launched another round of strikes against Iran as the second phase of their war entered the ninth consecutive day, the media reported. As the number of confirmed American military deaths in the renewed fighting rose to three and ​concerns […]

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Business

Economy: With reforms, India can achieve 8-9% growth, says ex-CEA

July 20, 2026 revoi editor

Virendra Pandit   New Delhi: Former Chief Economic Advisor KV Subramanian has said India can unlock 8-9 per cent economic growth by accelerating structural reforms to reduce the costs of doing business and financing, the media reported on Monday. He called for implementing factor market reforms in land, labour, and capital, as well as judicial […]

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