Business

Business

Sensex, Nifty jump about 1 per cent in early deals over easing West Asia tensions

May 6, 2026 revoi editor

New Delhi: Indian equity markets traded higher on Wednesday in early deals, with benchmarks jumping almost 1 per cent each on global cues, amid hopes of de-escalation in the West Asia conflict. Sensex rose 0.85 per cent or 657 points to hit an intraday high of 77,675 in morning trade, while Nifty was trading at […]

Business

India pitches Bharat Innovates 2026 in Paris ahead of Nice conclave

May 6, 2026 revoi editor

New Delhi: India pitched its deep-tech startup programme ‘Bharat Innovates 2026’ to global investors and stakeholders at a roadshow in Paris, building momentum ahead of the conclave scheduled to be held in Nice next month. The roadshow showcased India’s deep-tech startup ecosystem and higher education-led innovation landscape to global investors, corporates, universities and research institutions. […]

Screenshot 2026-05-06 at 12,08,19-Picsart-AiImageEnhancer

Business

Asia markets hit records on AI euphoria, Iran peace hopes

May 6, 2026 revoi editor

New Delhi: Stocks leapt, oil prices sank, and the dollar dropped in Asia on Wednesday morning after U.S. President Donald Trump touted “great progress” toward a “final agreement” with Tehran, while momentum in AI-driven trades accelerated. Trump said he would briefly pause an operation escorting ships through the Strait of Hormuz, which carries about a […]

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India signs three MoUs with Jamaica, expands cooperation in key sectors during Jaishankar visit

May 6, 2026 revoi editor

New Delhi: India and Jamaica signed three Memoranda of Understanding (MoUs) in health cooperation, solarisation of the Hugh Lawson Shearer Building, and broadcasting during External Affairs Minister S. Jaishankar’s official visit to the Caribbean nation from May 2 to 4. During the visit — the first by an Indian foreign minister to Jamaica —Jaishankar called on Prime Minister Andrew […]

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Hantavirus outbreak: Three dead, 150 stranded on luxury ship in the sea

May 5, 2026 revoi editor

Virendra Pandit New Delhi: Three people were reported dead and some others infected, while nearly 150 remain stranded on the MV Hondius that is currently off the coast of West Africa, the media reported on Tuesday. Some human-to-human transmission may have occurred on board the cruise ship hit by the virus outbreak, the World Health […]

Business

Bank credit growth hits 15.9% in FY26, signals strong economic momentum

May 5, 2026 revoi editor

New Delhi: Scheduled Commercial Banks (SCBs) recorded a robust year-on-year non-food credit growth of 15.9 per cent in the financial year 2025–26, reflecting sustained economic activity and strong demand for credit across sectors. According to official data released on Tuesday, total outstanding credit reached ₹212.9 lakh crore at the end of March 2026, marking an […]

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Roving Periscope: Iran will be “blown off the face of Earth,” threatens Trump

May 5, 2026 revoi editor

Virendra Pandit New Delhi: A day after launching “Project Freedom,” US President Donald Trump on Monday said Iran will be “blown off the face of the Earth” if it attacks US vessels escorting stranded ships through the Strait of Hormuz. Trump’s statement to Fox News came as Iran reportedly attacked some ships being guided […]

Business

Sensex, Nifty end lower as geopolitical tensions drag markets

May 5, 2026 revoi editor

New Delhi: Indian equity benchmarks ended lower on Tuesday, as rising geopolitical tensions in West Asia weighed on investor sentiment, pulling down banking, realty, and oil and gas stocks. The Nifty slipped 86.50 points, or 0.36 per cent, to close at 24,032.80, while the Sensex declined 251.61 points, or 0.33 per cent, to settle at […]

Business

IMF chief Georgieva warns of ‘much worse outcome’ if Middle East war drags into 2027

May 5, 2026 revoi editor

New Delhi: The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a “much worse outcome” if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director Kristalina Georgieva said the continuation of […]

Business

NSE launches Electronic Gold Receipts to bring transparency, boost participation in gold market

May 5, 2026 revoi editor

Mumbai: National Stock Exchange of India (NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India’s gold market, according to an official statement. In an official statement, NSE stated that the launch, effective from May 4, 2026, is expected to bridge the gap […]