Business

Business

Trump tariffs: The US imposes 10% tariff on Indian goods over “forced labour” concerns

July 24, 2026 revoi editor

Virendra Pandit   New Delhi: Ahead of the proposed India-US trade deal, America has imposed a 10 per cent tariff on goods imported from India and 16 other countries as part of a wider action against products made using “forced labour,” the media reported on Friday. Of the 60 countries facing the tariffs, the 10 […]

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Energy security: India may face risk with crude prices nearing $100/bbl, says experts

July 23, 2026 revoi editor

Virendra Pandit   New Delhi: Geopolitical tensions because of the US-Iran war in West Asia and the Russia-Ukraine war, supply risks and OPEC+ production discipline are expected to keep oil prices elevated, posing challenges for India’s growth and corporate earnings, experts said on Thursday. Brent crude was trading near USD 98 per barrel on Thursday, […]

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Economy: Despite monsoon concerns and Iran war, RBI sees resilient growth

July 23, 2026 revoi editor

Virendra Pandit   New Delhi: Amid the ongoing war in West Asia and concerns about the impact of uneven monsoon rains, the Reserve Bank of India has said the country’s ongoing growth is expected to continue, the media reported on Thursday. India’s central bank has reiterated that the South Asian country’s economy remains resilient. However, […]

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Roving Periscope: Pak tries to ‘encash’ Iran MoU, seeks $10 bn from the US!

July 22, 2026 revoi editor

Virendra Pandit   New Delhi: Broke Pakistan does what it can do best: beg or blackmail. It tries to encash everything, everywhere, by whichever means available. This time, Islamabad has targeted Washington, seeking USD 10 billion in return for facilitating the US-Iran ‘peace agreement’, or MoU, which, in any case, is now in tatters with […]

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Roving Periscope: India condemns death of 4 sailors in Russian strike against Ukraine

July 21, 2026 revoi editor

Virendra Pandit   New Delhi: In a rare case, India on Tuesday condemned a Russian attack on a commercial ship near Ukraine’s coast, killing 10, including four Indian seafarers, the media reported. This is the first instance of the death of Indian seafarers in the Russia-Ukraine conflict. India said on Tuesday that it summoned a […]

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Roving Periscope: After death of its 3rd soldier, the US launches fierce strikes on Iran

July 20, 2026 revoi editor

Virendra Pandit   New Delhi: After the death of its third soldier, the US on Monday launched another round of strikes against Iran as the second phase of their war entered the ninth consecutive day, the media reported. As the number of confirmed American military deaths in the renewed fighting rose to three and ​concerns […]

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Economy: With reforms, India can achieve 8-9% growth, says ex-CEA

July 20, 2026 revoi editor

Virendra Pandit   New Delhi: Former Chief Economic Advisor KV Subramanian has said India can unlock 8-9 per cent economic growth by accelerating structural reforms to reduce the costs of doing business and financing, the media reported on Monday. He called for implementing factor market reforms in land, labour, and capital, as well as judicial […]

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Andy Burnham: Seventh PM in 10 years in UK’s turbulent politics

July 17, 2026 revoi editor

Virendra Pandit   New Delhi: Andy Burnham, who was elected the new leader of the Labour Party on Friday, will have the dubious distinction of becoming the seventh Prime Minister of the United Kingdom in just 10 years. The centre-left party—viewed as clueless, leaderless, rudderless– announced its ‘selection’ to lead the country, until…! He is […]

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Markets: Defying Hormuz impact, Indian markets soar over 1%

July 17, 2026 revoi editor

Virendra Pandit   New Delhi: Showing resilience and almost shrugging off the Hormuz crisis, the markets on Dalal Street on Friday jumped over 1 per cent as experts speculated that ‘displaced’ capital from countries like South Korea could anchor in India, the media reported. While the 30-share BSE Sensex surged 1,096 points or 1.42 per […]

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Roving Periscope: Befuddled, Gulf nations rush to bypass Hormuz, divert routes to export oil

July 16, 2026 revoi editor

Virendra Pandit   New Delhi: With no early end in sight for the raging war in West Asia, the oil-producing Gulf nations are looking for alternative routes to export their crude as the conventional waterway, the Strait of Hormuz, has turned hostage to the US blockade and the counter-blockade by Iran, the media reported on […]

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