Economy

Business

Roving Periscope: Now, Israel fears Iran could launch ‘surprise attack!’

May 22, 2026 revoi editor

Virendra Pandit New Delhi: For a change, Israel now fears that Iran could launch a ‘surprise attack’ on the Jewish state, amid ongoing, fluctuating ceasefire talks between Tehran and Washington, the media reported on Friday. According to the Jerusalem Post, Iran could be planning a surprise missile and drone attack targeting Gulf countries as […]

Business

Trade: The US looking forward to BTA with India, says Sergio Gor

May 22, 2026 revoi editor

Virendra Pandit New Delhi: The US is looking forward to sealing the proposed bilateral trade agreement (BTA) with India that will facilitate expanding market access, reduce barriers, and create greater certainty for businesses, US Ambassador to India Sergio Gor said on Thursday. The expected trade deal will strengthen supply chains and drive sustained inclusive […]

Business

Energy: The US wants stronger partnership with India, says Rubio

May 22, 2026 revoi editor

Virendra Pandit New Delhi: On the eve of his first India visit, and amid the growing energy insecurity worldwide due to the West Asian war, US Secretary of State Marco Rubio has said Washington wants a strong energy partnership with New Delhi, the media reported on Friday. Ahead of his four-day visit from May […]

Business

Roving Periscope: In his Venezuela II attempt, Trump targets Cuba’s Raul Castro

May 21, 2026 revoi editor

Virendra Pandit New Delhi: Before annexing a “pro-China” Venezuela in January 2026 and capturing its President Nicolas Maduro and his wife, Donald Trump plotted meticulously against the Latin American strongman, indicting him in alleged narco-terrorism cases, running covert operations against him, and more. Now, following the same script, the Trump administration has accused former […]

Business

Putin in China: Xi may do unto Vladimir what he did to Donald!

May 20, 2026 revoi editor

Virendra Pandit New Delhi: Days after US President Donald Trump returned from China rather ‘disappointed’ Chinese President Xi Jinping may be doing to his Russian counterpart Vladimir Putin, who arrived in Beijing for a three-day visit on Tuesday, as well. In recent months, America and Russia have come closer than before; Washington no longer […]

Business

Economy: The UN lowers India’s growth to 6.4%; still among fastest growing economies

May 20, 2026 revoi editor

Virendra Pandit New Delhi: Citing global uncertainties and economic shocks arising from the ongoing West Asia crisis, the United Nations has revised downward India’s economic growth forecast for 2026 to 6.4 per cent from its earlier projection of 6.6 per cent, but the South Asian nation remains among the fastest-growing major economies, the media […]

Business

Roving Periscope: Befuddled, Trump sends Rubio to India to repair ties

May 20, 2026 revoi editor

Virendra Pandit New Delhi: His threats to NATO and Iran remained empty. His much-publicized visit to China yielded little. His poodle, Pakistan, has been sneezing in hot summer. Few now take him seriously even at home, and his popularity ratings have plummeted to just 37 percent. Even the Supreme Court has junked many of […]

Business

Roving Periscope: UPI the winner; debit cards lose sheen; RTGS the boss!

May 19, 2026 revoi editor

Virendra Pandit New Delhi: Within a decade of its launch, India’s Unified Payments Interface (UPI) has almost pushed out the ‘traditional’ debit card from general use and the new, QR code-based system now powers 85 per cent of all payments, the media reported on Tuesday. While the UPI dominates daily transactions, debit cards are […]

Business

The Rupee: External headwinds plunge the Indian currency to Rs. 96.53/USD

May 19, 2026 revoi editor

Virendra Pandit New Delhi: On the sixth consecutive day, as external headwinds continued to roil world markets, the Indian rupee plunged further to a record low of Rs.96.53 per US dollar on Tuesday. Since the US and Israel attacked Iran on February 28, starting the poly-crises in West Asia and elsewhere, the Indian currency […]

Business

Roving Periscope: After Trump’s ‘failed’ China visit, Putin to meet Xi

May 18, 2026 revoi editor

Virendra Pandit New Delhi: Four days after US President Donald Trump ended his rather ‘unproductive’ visit to China, Russian leader Vladimir Putin will meet Chinese President Xi Jinping in Beijing this week, the media reported on Monday. Ahead of the Russian President’s two-day visit from Tuesday, Xi and Putin exchanged “congratulatory letters” on Sunday, […]