Business

Business

Roving Periscope: Now, even Raghuram Rajan slams UPA govt for NPAs; praises Jaitley

December 21, 2024 revoi editor

Virendra Pandit New Delhi: In the ongoing season of discontent against India’s Grand Old Party (GOP), even former RBI Governor Raghuram Rajan, known for his proximity to the Congress leadership, has slammed the UPA government (2004-14) for corruption and mounting debts, and applauded the next Finance Minister Arun Jaitley for endorsing clean-up measures in […]

Business

26/11: The US may extradite Tahawwur Rana to India to face the law

December 20, 2024 revoi editor

Virendra Pandit New Delhi: With the US government urging the Supreme Court to dismiss a petition filed by Tahawwur Rana, a key mastermind convict in the November 26, 2008, terror attack in Mumbai, the likelihood of his extradition to India has brightened, the media reported on Friday. Rana, a Canadian national of Pakistani origin, […]

Business

Roving Periscope: Open to Ukraine talks, compromise with Trump, Putin says

December 20, 2024 revoi editor

Virendra Pandit New Delhi: Already war-fatigued and with the universal law of diminishing returns making his own stay in power vulnerable, Russian President Vladimir Putin is likely to climb down on Ukraine and make a ‘compromise’ after a potential meeting with Donald Trump, whose second non-consecutive term as the 47th US President will begin […]

Business

Remittances: India tops the world with a $129 billion inflow in 2024

December 19, 2024 revoi editor

Virendra Pandit New Delhi: With an estimated inflow of remittances worth USD 129 billion in 2024, India has topped the world, the World Bank said on Thursday. The growth rate of remittances this year is estimated to be 5.8 percent, compared to 1.2 percent in 2023, the media reported. India was the topmost recipient […]

Business

Markets: Post-US Fed rate cuts, global, Indian stocks sink more than 1%

December 19, 2024 revoi editor

Virendra Pandit New Delhi: With the US Federal Reserve cutting its benchmark interest rates by 25 basis points on Wednesday, to a target range of 4.25 to 4.50 percent, several stocks in global markets sank on Thursday, with Sensex and Nifty shares losing 1.2 and 1.02 percent of their values in India. Amid the […]

Business

Adani Unveils a Bold, Narrative-Driven Approach to take forward the “Hum Karke Dikhate Hain” Campaign

December 19, 2024 revoi editor

19 Dec 2024, Ahmedabad: The Adani Group, India’s largest and fastest-growing integrated infrastructure portfolio of companies, has announced a powerful new chapter in its “Hum Karke Dikhaate Hain” campaign. Building on the success of its previous edition, this multi-media, multi-platform campaign moves beyond the conventional corporate strategy of emphasizing statistics and figures to focus on […]

Business

Ukraine: Uzbek youth held for killing top Russian general with a “scooter bomb”

December 18, 2024 revoi editor

Virendra Pandit New Delhi: Amid the ongoing Russian-Ukrainian conflict, which will enter the third year in February 2025 sans a peace deal, Moscow detained an Uzbek youth suspect for allegedly killing a top Russian general using only a “scooter bomb,” at his home, the media reported on Wednesday. According to reports, Russia has detained […]

Business

Growth: Indian economy to grow 6.6% in FY26, says Ind-Ra

December 18, 2024 revoi editor

Virendra Pandit New Delhi: Driven by fresh investments and likely easing interest rates, India will grow at a 6.6 percent rate in the next financial year, 2025-26, a leading rating agency said on Wednesday. The Indian economy has witnessed a cyclical growth slowdown in the past three quarters this year, which it expects to […]

Business

Roving Periscope: China smiles at India, and captures Bhutan’s territory!

December 18, 2024 revoi editor

Virendra Pandit New Delhi: Even as India’s National Security Advisor (NSA) Ajit Doval is in Beijing for the 23rd round of bilateral talks on the Sino-Indian border issues, reports stated that China has captured two percent of Bhutan’s territory and established at least 22 villages and settlements there since 2016. This territory has been […]

Business

Sanghi Industries and Penna Cement Industries merged with Ambuja Cements

December 18, 2024 revoi editor

Ambuja’s Big Move: A Unified Future for Ambuja, Sanghi, and Penna with the merger of Sanghi Industries and Penna Cement Industries into Ambuja Cements, creating a single, unified governance structure. This strategic move boosts efficiency, enhances competitive strength, and simplifies compliance processes for Ambuja. For Sanghi Industries’ shareholders, this is a game-changing opportunity! Moving from […]