Business

Business

“Friends:” Iran permits India, five others safe passage through the Strait of Hormuz

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: In a major diplomatic move, Iran has said the strategically critical Strait of Hormuz will remain open for vessels of India and five other “friendly” nations for safe passage, amid the escalating conflict in West Asia (Middle East), the media reported on Thursday. The crucial waterway, the narrow mouth of […]

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Business

Roving Periscope: Trump talks peace, prepares for war—as Iran waits for the next phase

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: US President Donald Trump, who lamented in 2025 that he didn’t get the Nobel Peace Prize despite what he claimed ending over half-a-dozen wars, is now preparing for ground invasion of Iran which is fiercely retaliating across West Asia (Middle East) against Israel, the US, and pro-US Arab nations since […]

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Business

War impact: Nayara Energy raises petrol prices by Rs. 5, diesel Rs. 3 per litre

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: Nayara Energy, India’s largest private fuel retailer, on Thursday increased petrol prices by Rs. 5 per litre and diesel by Rs. 3 a litre, indicating the likelihood of a similar step by the country’s state-owned oil marketing companies (OMCs) to raise prices to pass on part of the recent surge […]

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Business

Markets: Hoping for a Mideast ceasefire, Sensex, Nifty climb over 1.6%

March 25, 2026 revoi editor

Virendra Pandit   New Delhi: India’s equity benchmarks gained for a ​second session on Wednesday, as prospects of a West Asia (Middle ‌East) ceasefire pulled crude oil prices lower and eased concerns ​around growth in the world’s third-biggest crude and gas ⁠importer. Brent crude oil price tanked 5.07 percent to USD 99.19 per barrel. On […]

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Business

Iran shocks Pakistan: Watching its double-game, Tehran returns Karachi-bound ship!

March 25, 2026 revoi editor

Virendra Pandit   New Delhi: Pakistan, which had signed a bilateral defence pact with Saudi Arabia in September 2025 and was now trying to broker peace between Iran and the US, was shocked on Wednesday when Tehran turned back a Karachi-bound ship at the Strait of Hormuz, saying it had “no approvals.” With Turkiye and […]

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Book Review

Roving Periscope: With the US’ 15-point ‘ceasefire’ plan v/s Iran’s 5 conditions, no peace likely soon

March 25, 2026 revoi editor

Virendra Pandit   New Delhi: No peace, or even a ‘ceasefire,’ looks likely soon in the ongoing US-Israel war against Iran, what with Tehran pushing for its own five demands in response to Washington’s proposed 15-point ceasefire plan as US President Donald Trump continued with his boasts and rhetoric and strikes, and Iran stopped ships […]

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Business

Mideast conflict: India’s growth to be lower at 5.9%, says Goldman Sachs

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: Investment banking firm Goldman Sachs on Tuesday cut India’s growth forecast by 60 basis points to 5.9 percent for calendar year 2026. This is the first forecast revision by any agency after beginning of the Iran war on February 28. In its report, A Tighter Squeeze on Asia’s Energy Supply, […]

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Business

Mideast war impact: India’s pvt sector growth hits 3-yr low on reduced demand

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: Less than a month into the ongoing conflict in West Asia, its impact on India’s private sector is being felt as it expanded at its weakest pace in over three years in March 2026 because of diminished demand, the media reported on Tuesday. Price shocks from the ​ongoing US-Israeli war […]

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Business

Markets: Hope for Mideast ceasefire lifts Sensex, Nifty 1.8% up

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: After a sharp broader sell-off on Monday, bulls returned to bourses on Tuesday as benchmark indices Sensex and Nifty50 rebounded in the hope that the raging war in West Asia may soon see a ceasefire and cool off crude oil and gas prices. The Indian rupee opened 34 paise higher […]

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Business

Roving Periscope: Not even a fragile ceasefire, as war continues unabated in the Mideast

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: Despite claims and counterclaims, the conflict in West Asia continued on Tuesday, the 25th day, as the US-Israel duo and Iran relentlessly struck each other’s targets, the media reported. According to a news platform Semafor report, citing an unnamed American official, the US will continue striking on ​Iran, with the […]

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