Economy

Book Review

Roving Periscope: Is Trump trapping both China and Taiwan?

May 16, 2026 revoi editor

Virendra Pandit New Delhi: In recent months, the USA approved a record USD 11 billion arms package for Taiwan, and is currently reviewing an additional USD14 billion deal. In March 2026, President Donald Trump welcomed Japan’s Prime Minister Sanae Takaichi to the White House, although she strongly supports Taiwan’s independence. But now he has […]

Business

Sensex, Nifty end lower amid surge in crude oil price

May 15, 2026 revoi editor

New Delhi: Indian benchmark equity indices ended lower on Friday as late-session selling pressure dragged the markets down due to rise in crude oil prices. The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined 160.73 points, or 0.21 per cent, to settle at 75,237.99. The surge in […]

Business

India, UAE ink major pacts on energy, defence, AI; Abu Dhabi commits $5 billion investment

May 15, 2026 revoi editor

New Delhi: India and the United Arab Emirates on Friday signed a series of agreements across energy, defence, maritime infrastructure and emerging technologies during Prime Minister Narendra Modi’s visit to Abu Dhabi, with the Gulf nation announcing investments worth $5 billion in India. According to the Ministry of External Affairs (MEA), the two sides reviewed […]

Economy

India’s total exports rise 13.59% to $80.80 billion in April 2026

May 15, 2026 revoi editor

New Delhi: India’s total exports, including merchandise and services, are estimated at 80.80 billion US dollars in April 2026, registering a growth of 13.59 per cent compared to 71.13 billion US dollars in April last year, according to data released by the Commerce Ministry on Friday. Total imports during April 2026 are estimated at 88.61 […]

Business

Trump in China: Xi hails “historic visit”—sans unresolved tensions, major deals!

May 15, 2026 revoi editor

Virendra Pandit New Delhi: Chinese President Xi Jinping on Friday hailed the outcome of his meetings with visiting US counterpart Donald Trump and touted an agreement on a new relationship for their countries, projecting optimism—despite unresolved tensions and limited deals announced so far—the media reported. “This visit is a historic and landmark visit. Thus […]

Business

Roving Periscope: “Iran is finished,” Trump claims, praises Xi during China visit

May 15, 2026 revoi editor

Virendra Pandit New Delhi: On the last day of his China visit, US President Donald Trump claimed “Iran is finished,” and it must either negotiate a deal to end the ongoing conflict or face destruction. “Deal or annihilation for Iran,” he stated during an interview with Fox News on the final day of his […]

Business

Iran war: India ready to help restore peace in West Asia, says PM Modi

May 15, 2026 revoi editor

Virendra Pandit New Delhi: Prime Minister Narendra Modi on Friday said India is ready to extend all possible support to bring peace in West Asia, the media reported. On the first leg of his five-nation visit, PM Modi, who reached Abu Dhabi, said this during his talks with UAE President Sheikh Mohammed bin Zayed […]

Economy

Centre hikes petrol, diesel prices by Rs 3 per litre each

May 15, 2026 revoi editor

New Delhi: The Centre on Friday increased petrol and diesel prices by Rs 3 per litre each across the country. With the latest revision, petrol prices in New Delhi rose from Rs 94.77 to Rs 97.77 per litre, while diesel prices increased from Rs 87.67 to Rs 90.67 per litre. The hike comes after state-run […]

Business

Indian markets trade flat amid mixed global cues, oil prices rise

May 15, 2026 revoi editor

New Delhi: Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets. Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at 75,251, lower by 0.2 per cent or 147 points in the morning session. On […]

Economy

PM Modi begins five-nation tour, UAE leg to focus on energy and strategic ties

May 15, 2026 revoi editor

New Delhi: Prime Minister Narendra Modi on Friday emplaned for Abu Dhabi, beginning a five-nation tour covering the United Arab Emirates (UAE), the Netherlands, Sweden, Norway and Italy from May 15 to 20. The visit aims to deepen India’s strategic partnerships across energy, trade, investment, technology, innovation and green growth.. In Abu Dhabi, the Prime […]