Economy

Business

19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce

May 8, 2026 revoi editor

Geneva: The U.S. and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday launched their own pact to not impose duties on e-commerce after no agreement was reached to end deadlock with Brazil, a document showed. Brazil upheld its opposition to a four-year extension of a global deal at […]

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Business

Odisha secures Rs 48,330 crore investment commitments during CM Majhi’s Gujarat visit

May 8, 2026 revoi editor

New Delhi: Odisha Chief Minister Mohan Charan Majhi on Thursday returned to Odisha after his three-day visit to Gujarat, securing investment commitments worth Rs 48,330 crore that are expected to generate more than 67,838 employment opportunities across multiple sectors in the state. Addressing the Odisha Investors’ Meet Roadshow in Vadodara on Thursday, CM Majhi said, […]

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Economy

US trade court rules Trump tariffs illegal, but issues narrow block

May 8, 2026 revoi editor

New Delhi: A U.S. trade court dealt another blow to President Donald Trump’s tariff strategy, ruling that his latest 10% temporary global duties are unjustified under a 1970s trade law, but blocked the levies only for two private importers and the State of Washington. The U.S. Court of International Trade’s 2-1 decision leaves the temporary […]

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Economy

Global Oil higher on Mideast hostilities; AI drives Asian stocks to sparkling weekly gains

May 8, 2026 revoi editor

New Delhi: Oil prices were higher on Friday and stocks a little bit lower as the U.S. and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand has swept up chipmakers. Benchmark Brent crude futures were up 1.3% at $101.60 a barrel […]

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Business

India’s Real Estate Sector Projected to Touch USD 5.8 Trillion by 2047: FICCI-KPMG Report

May 7, 2026 revoi editor

New Delhi: India’s real estate market is projected to expand nearly nine-fold to USD 5.8 trillion by 2047 from USD 650 billion in 2025, while artificial intelligence adoption in the corporate real estate sector has surged to 91 per cent in 2025 from less than 5 per cent in 2023, according to a joint report […]

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Economy

PMEGP generates 36.33 lakh jobs, helps set up over 4 lakh micro-enterprises: Govt

May 7, 2026 revoi editor

New Delhi: The Prime Minister’s Employment Generation Programme (PMEGP), the flagship self-employment scheme of the Ministry of MSME, has generated an estimated 36.33 lakh jobs and helped establish more than 4 lakh micro-enterprises during the 15th Finance Commission period between FY2021-22 and FY2025-26, according to government data released on Wednesday. Implemented through the Khadi and […]

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Business

Incubators are key pillar of successful startup ecosystem: NITI Aayog

May 7, 2026 revoi editor

New Delhi: Incubators are one of the key pillars of a successful startup ecosystem, playing a vital role in nurturing and scaling innovative ideas, said Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Aayog. At the Atal Innovation Mission (AIM), “we are focused on strengthening this pillar by enabling incubators with better infrastructure, mentorship, funding […]

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