Revoi.in

Business

Agriculture: For small farmers, RBI raises the collateral-free loan limit to Rs. 2 lakh

December 14, 2024 revoi editor

Virendra Pandit New Delhi: The Reserve Bank of India (RBI) has enhanced the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh, effective January 1, 2025, ahead of the next crop season, the media reported on Saturday. This important move will bring relief to small and marginal farmers amid rising […]

Business

Muslims’ ‘appeasement’: Biden releases plan to combat “Islamophobia”

December 13, 2024 revoi editor

Virendra Pandit New Delhi: Packing bags to leave the White House a day before his bete noire and predecessor-cum-successor Donald Trump re-occupies it on January 20, 2025, outgoing US President Joe Biden has released a 64-page ‘Muslim appeasement’ plan on how to combat “Islamophobia,” the media reported on Friday. Amid Washington’s strong and continuing […]

Business

Roving Periscope: Trump 2.0 may launch pre-emptive strikes to ‘de-nuke’ Iran

December 13, 2024 revoi editor

Virendra Pandit New Delhi: US President-elect Donald Trump, whom Time Magazine has selected as the Person of the Year 2024,” is weighing options, including “pre-emptive strikes,” to stop Iran from going nuclear, the media reported on Friday. The report came when Israel is also said to be drawing up plans for a potential attack on […]

Business

Colombo Port: Adanis’ funding to continue, says Sri Lankan minister

December 13, 2024 revoi editor

Virendra Pandit New Delhi: Sri Lanka’s Ports Minister Bimal Rathnayaka has said the Adani Group will continue to fund the Colombo Port as the island nation has no issues with the Indian conglomerate, the media reported on Friday. The Sri Lankan government wanted to go ahead with the development of the deep-water container terminal […]

Business

Inflation: CPI-based retail inflation was down to 5.48% in Nov

December 12, 2024 revoi editor

Virendra Pandit New Delhi: The Consumer Price Index (CPI)-based retail inflation slowed down to 5.48 percent in November from a 14-month high of 6.21 percent in October, data released by the Union Ministry of Statistics and Programme Implementation (MoSPI) said on Thursday, indicating persistent price pressures across sectors. The media reported that the data […]

Business

East Pakistan: Under global pressure, Dhaka admits 88 attacks on Hindus

December 11, 2024 revoi editor

Virendra Pandit New Delhi: As pressure on Bangladesh mounted on the issue of ongoing atrocities on the Hindu minorities, Dhaka has confirmed at least 88 attacks on the community, its shrines, and properties, since August 5 when Islamists ousted elected Prime Minister Sheikh Hasina Wajed and installed Mohammed Yunus as “chief advisor” to the […]

Business

Crude: Oil prices surge as China’s monetary policy changes, demand may rise

December 11, 2024 revoi editor

New Delhi: Oil prices rose on Wednesday, with market players expecting demand to rise in China, the world’s biggest crude importer, after Beijing announced that it would relax monetary policy to stimulate economic growth. The OPEC+1’s recent meeting led to a 1 percent price hike amid oil dynamics in a fast-changing geopolitical scenario because of […]

Business

RBI: Stability, trust, and growth to be in focus, says new Governor Malhotra

December 11, 2024 revoi editor

Virendra Pandit New Delhi: Former Union Revenue Secretary Sanjay Malhotra, who took charge as the 26th Governor of Reserve Bank of India (RBI) on Wednesday, said, the central bank, in its mandate, has given itself the theme of stability, trust, and growth. “All these three are very important pillars which we need to continue […]

Business

The Syrian effect: Putin ‘supports’ Trump’s call for Ukraine ceasefire

December 10, 2024 revoi editor

Virendra Pandit New Delhi: Call it the impact of the sudden collapse of the Bashar al-Assad regime in Syria, a worried Russia may agree to an early ceasefire in its almost three-year-old ongoing war in Ukraine, as Moscow also sought to blame Kyiv for “rejecting” peace proposals, the media reported on Tuesday. After US […]

Business

Trade & tariff war: Trump greets Trudeau, again, as the “Governor” of Canada!

December 10, 2024 revoi editor

Virendra Pandit New Delhi: Is President-elect Donald Trump setting in motion a move to ‘annex’ Canada as the United States’ 51st state, and appointing its vulnerable Canadian Prime Minister Justin Trudeau as the “Governor?” Or is he pressuring an embattled Trudeau to sign on the dotted lines to the fresh US conditions on trade […]