Business

Business

Roving Periscope: On Ukraine, the US-Russia ‘productive’ talks far from a deal—yet

March 25, 2025 revoi editor

Virendra Pandit New Delhi: When Russia invaded Ukraine on February 24, 2022, it believed the war would be over in “48 hours.” Likewise, Donald Trump, during his presidential campaign in 2024, declare that he will put an end to the Ukraine war in “two days.” More than three years on—exactly after 1,125 days—the war […]

Business

Canada: PM Carney orders snap parliamentary poll on April 28

March 24, 2025 revoi editor

Virendra Pandit New Delhi: Amid several crises it is facing, both internal and external, Canada will go to snap parliamentary elections on April 28, the media reported on Monday. Prime Minister Mark Carney on Sunday triggered the vote as he seeks to build on his Liberal Party’s momentum since the start of the year, in the […]

Business

Markets: Sensex, Nifty surge more than 1.3% on positive global clues

March 24, 2025 revoi editor

Virendra Pandit New Delhi: Amid the looming Trump tariffs potentially kicking off next week, the US Federal Reserve retaining interest rates, and the inflow of the FIIs, Indian indices on Monday reflected investors’ positive sentiments and continued their upward journey as Sensex surged past the psychological 78,000-mark while banking stocks led the rally. Benchmark […]

Business

Renewable growth surges as global fuel demand rises

March 24, 2025 revoi editor

Global energy demand grew at an above-average pace in 2024 as electricity consumption increased worldwide — with the increased supply of renewables and natural gas covering the majority of additional energy needs, a new IEA report said on Monday. The latest edition of the IEA’s Global Energy Review is the first global assessment of 2024 […]

Business

Roving Periscope: Turkiye’s Erdogan finds his nemesis in Istanbul Mayor

March 24, 2025 revoi editor

Virendra Pandit New Delhi: Recep Tayyip Erdogan was the powerful Mayor of Istanbul (1994-98) before he became Turkey’s Prime Minister (2003-14) and then President (2014…). Increasingly, he became Islamist, then Pan-Islamist, and even tried to resurrect the Ottoman Empire which died in 1924, and, in 2022, unite non-Arab Muslims—including Pakistan, Bangladesh, Indonesia, and Malaysia—to […]

Business

PM VIKAS scheme targets skill development, financial inclusion for minority communities

March 24, 2025 revoi editor

The Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme, launched by the Ministry of Minority Affairs, is aimed at promoting skill development, education, and economic empowerment among six notified minority communities. This Central Sector scheme integrates five previous initiatives—‘Seekho Aur Kamao,’ ‘Nai Manzil,’ ‘Nai Roshni,’ ‘USTTAD,’ and ‘Hamari Dharohar’—to provide comprehensive support. The scheme focuses […]

Business

Roving Periscope: Trump revokes parole; to deport 5 lakh back to nearby nations

March 22, 2025 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump revoking their parole, more than half a million people from neighboring countries such as Cuba, Haiti, Nicaragua, and Venezuela face deportation in the next few weeks, the media reported on Saturday. Effective April 24, this decision will end a two-year “parole” granted by the preceding […]

Business

Roving Periscope: 3.2 mn Americans, aged 120+, disappear from SS database in 10 days

March 21, 2025 revoi editor

Virendra Pandit New Delhi: The Indian media has often reported dead people ‘voting’ or fake persons receiving benefits of government schemes. Now the US has also discovered 3.2 million people, aged more than 120 years—or nearly one percent of the total US population of 340 million—potentially receiving government benefits, and promptly removed their names […]

Business

INR: At 85.98/USD, Indian Rupee’s best weekly performance in 2 years

March 21, 2025 revoi editor

Virendra Pandit New Delhi: Amid concerns over the ongoing global economic volatility and the potential impact of Trump tariffs, the Indian rupee strengthened significantly, vis-à-vis the US dollar on Friday, logging its best week in more than two years. The domestic currency closed 39 paise stronger at 85.98 against the greenback after closing at […]

Business

Aviation: Over 1,200 flights disrupted due to Heathrow Airport power outage

March 21, 2025 revoi editor

Virendra Pandit New Delhi: A major fire in an electrical substation at London’s busy Heathrow International Airport on Friday forced the authorities to close the facility for at least 24 hours, disrupting more than 1,200 flights, including 37 from and to India, the media reported. The Heathrow Airport, one of the busiest in the […]