Business

Business

Tariffs: The US proposes more import duties on 54 countries, including India

June 3, 2026 revoi editor

Virendra Pandit New Delhi: The United States Trade Representative (USTR) has proposed slapping 12.5% additional import duties on 54 countries, including India, for allegedly “failing to prohibit the import of goods produced with forced labour.” The action follows investigations launched against 60 countries over what the USTR described as their failure to impose and […]

Business

Forex reserves: FinMin denies reports that RBI sold gold worth $12 bn

June 3, 2026 revoi editor

Virendra Pandit New Delhi: The Union Finance Ministry on Wednesday rejected reports in a section of the media that the Reserve Bank of India (RBI) sold gold reserves worth USD 12 billion to shore up the country’s foreign exchange reserves. Official data from the RBI’s Annual Report for 2025–26 shows that gold holdings actually […]

Business

Weather: El Nino is warming oceans rapidly, says WMO

June 2, 2026 revoi editor

Virendra Pandit New Delhi: The World Meteorological Organisation (WMO) sees 80% chance of El Niño’s impact unfolding by August, and the chances of the drought-bearing weather persisting beyond November exceed 90%, the media reported on Tuesday. The WMO is a specialized agency of the United Nations responsible for promoting international cooperation on atmospheric science, […]

Business

Performance: Adani Group capex Rs. 2.53 trillion; all-time EBIDTA at Rs.94.8k crore in FY26

June 2, 2026 revoi editor

Virendra Pandit New Delhi: Ahmedabad-based conglomerate Adani Group’s companies have reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, underscoring an accelerating infrastructure expansion cycle while maintaining leverage below its stated target. The […]

Business

Adani Portfolio Reports Highest Ever Capex by Any Indian Corporate

June 2, 2026 revoi editor

Ahmedabad, 2 June 2026: The Adani Portfolio—India’s leading infrastructure and utilities portfolio—today announced its FY26 financial performance and released the Credit and Results Compendium, providing an overview of performance and insights into its credit strength and long-term resilience. FY26 marks an important inflection point for the Adani Portfolio, as Adani Portfolio companies began its next […]

Business

Roving Periscope: Trump’s ‘mock fight’ with Bibi; Iran war, talks, on

June 2, 2026 revoi editor

Virendra Pandit New Delhi: Confusion confounded in West Asia. Iran, which called off peace talks with the US, is not buying the ‘mock fight’ between President Donald Trump and Israeli Prime Minister Benjamin “Bibi” Netanyahu and is ready to target more American allies in West Asia, even as it resumed both attacks on the […]

Business

Wow: America, Pakistan bhai, bhai, says US Defense Secretary Pete Hegseth!

May 30, 2026 revoi editor

Virendra Pandit New Delhi: United States Defense Secretary Pete Hegseth on Saturday said a “true friendship” was developing between Washington and Islamabad, crediting Pakistan’s army chief “Field Marshal” Asim Munir and Prime Minister Shehbaz Sharif, in that order, for their role as peace negotiators. To refurbish Pakistan’s tarnished global image and end international isolation—even […]

Business

Roving Periscope: Broke, Pakistan hires expensive lobbying firm to impress the US!

May 30, 2026 revoi editor

Virendra Pandit New Delhi: Despite its sinking economy, hyperinflation, mounting debts, and its millions of citizens fighting for basic needs, Pakistan is burning American dollars for an image makeover in the US and end its international isolation as a pariah state, the media reported on Saturday. For this, the Islamist nation, the global terror […]

Business

Markets: Geodynamic uncertainties drag Sensex, Nifty down over 1.4%

May 29, 2026 revoi editor

Virendra Pandit New Delhi: Fears of a fresh US-Iran war, uncertainties over a peace deal between them, and deepening market anxiety dragged Indian equity benchmarks down by more than 1.4 per cent on Friday. While the Nifty 50 fell 359.40 points (1.5 per cent) to close at ⁠23,547.75, the BSE Sensex shed 1092.06 points […]

Business

Growth: India’s outlook for FY27 remains positive, says RBI report

May 29, 2026 revoi editor

Virendra Pandit New Delhi: Despite the ongoing West Asian conflict and the attendant risks, which could pose headwinds to growth and inflation in the short run, the overall growth outlook for India in the financial year 2026-27 remains positive, the Reserve Bank of India (RBI) has said. The central bank’s Annual Report for FY26 […]