Business

Business

Wealth: India’s richest 1% grew their wealth by 62% since 2000, says G-20 study

November 4, 2025 revoi editor

Virendra Pandit   New Delhi: After India rolled out economic liberalization, privatization, and globalization in 1991, the richest 1 percent saw their wealth grow by 62 percent between 2000 and 2023, the media reported on Tuesday. According to a study commissioned by the South African Presidency of the Group of 20, the richest 1 percent […]

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Ambuja Cements achieves robust Q2 FY26 Performance, Q2 PAT @ Rs. 2,302 Cr, up 364% YoY

November 3, 2025 revoi editor

Ahmedabad, 3 November 2025: Ambuja Cements, part of the diversified Adani Portfolio and the 9th largest building materials solutions company globally, delivered a robust performance in Q2 FY26, A comprehensive focus on market share gains and R&D-led premium cement offerings has enabled differentiated performance both in volume growth and improved realizations. Mr. Vinod Bahety, Whole Time Director […]

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N-tests: Pakistan, China, Russia, N. Korea testing—so is the US doing, says Trump

November 3, 2025 revoi editor

Virendra Pandit   New Delhi: Trying to justify his recent orders on US resuming nuclear tests, and in an apparent attempt to pressurize India, US President Donald Trump has now claimed that Pakistan is also conducting nuclear test. “Pakistan, China, Russia, and North Korea are conducting nuclear tests. So, the US also needs to,” he […]

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Roving Periscope: Japan to invest $300 mn in Pakistan’s terror-threatened copper and gold mines

November 3, 2025 revoi editor

Virendra Pandit   New Delhi: With America warming Pakistan up again—if only to keep China at bay—its Western allies are also boarding the bandwagon. Japan became the latest entrant in this pro-Pakistan club, announcing an investment of USD 300 million in the nearly bankrupt and failed state’s biggest copper and gold mines in Reko Diq, […]

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Roving Periscope: ‘80% of Pakistan’s agriculture depends on waters from India!’

November 1, 2025 revoi editor

Virendra Pandit   New Delhi: Eighty percent of agricultural land irrigation in Pakistan depends entirely on water from the Indus River system, an Australian think tank has said. Australia’s Sydney-based nonprofit Institute for Economics and Peace (IEP), one of the world’s most respected think tanks, just dropped a ‘water bomb’ Pakistan has been fearing for […]

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Ukraine war: Indian refiners prepare to buy less Russian crude

November 1, 2025 revoi editor

Virendra Pandit   New Delhi: With geoeconomics becoming a tool of geopolitics, India’s oil processors, the top buyers of seaborne crude from Russia, have been weighing up their options since the US last week blacklisted two of Russia’s biggest fuel producers, Rosneft PJSC and Lukoil PJSC, the media reported on Saturday. War economics is strange. […]

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Deepawali bonanza: Festival demand lifts GST collection 4.6% to Rs. 1.96 lakh crore in October

November 1, 2025 revoi editor

  Virendra Pandit   New Delhi: India’s gross GST collection rose 4.6 percent year-on-year to Rs. 1.96 lakh crore in October 2025, buoyed by festive spending spree, despite a broad GST rate cut on 375 items, the media reported on Saturday. Goods and Services Tax (GST) rates on 375 items, including kitchen staples to electronics […]

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Ukraine: Trump cancelled Budapest meeting with Putin due to his “maximalist demands”

October 31, 2025 revoi editor

Virendra Pandit   New Delhi: After their August 15 summit in Alaska, US President Donald Trump had hoped that his Russian counterpart Vladimir Putin will take steps to end the ongoing war in Ukraine. Nothing happened. The war continues. Then Trump sought to negotiate a peace deal with Putin at another meeting, expected to be […]

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Roving Periscope: The US smiles at China and Pakistan; then inks defence pact with India!

October 31, 2025 revoi editor

Virendra Pandit   New Delhi: Amid fast-changing geodynamics, temporary alliances and coalitions, and the emergence of a New World Order—or is it Chaos?—no country wants to put all its bags in one basket. Friends and enemies now seamlessly merge into frenemies. Nothing demonstrates this better than how US President Donald Trump has, in his second […]

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N-arms race, again: Russia denies, America prepares

October 30, 2025 revoi editor

Virendra Pandit   New Delhi: Amid fears of a renewed nuclear arms race, three decades after they stopped it, Russia has clarified that its fresh tests were “not nuclear” while President Donald Trump said on Thursday he is ordering the US to restart nuclear tests as a response to actions by ‘other countries.’ Russia and […]

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