Business

Business

Aviation: Loss-making Pakistan International Airlines up for sale

February 2, 2024 revoi editor

Virendra Pandit   New Delhi: As Islamabad braces for the General Elections to the National Assembly next week, its caretaker government has fast-tracked a plan to sell loss-making state-owned Pakistan International Airlines (PIA), the media reported on Friday. In the past, the South Asian nation’s elected governments shied away from undertaking unpopular reforms, including the […]

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Roving Pericope: As India promotes Lakshadweep, broke Pakistan assures help to the Maldives!

February 2, 2024 revoi editor

Virendra Pandit    New Delhi: Amid a diplomatic row, as New Delhi slashed the financial aid to the Maldives by 22 percent in the Interim Budge 2024 on Thursday, and a large number of Indian tourists shunned the island nation last month, a nearly bankrupt Pakistan has assured it of help, showing renewed interest in […]

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Adani Enterprises Ltd announces Q3 and 9M FY24 Results, Consolidated EBIDTA for 9M FY24 increased by 58% to Rs. 9,592 cr

February 1, 2024 Vinayak Barot

Ahmedabad, February 1, 2024: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the quarter and nine months ended December 31, 2023. The emerging core infra businesses under the incubation pipeline of AEL have shown strong operational performance and consistently reflected significant contribution to the growth journey during the last 9 […]

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Budget highlights: Good news on fiscal deficit, infra, SHGs, green energy…and more

February 1, 2024 revoi editor

Virendra Pandit   New Delhi: The following are the key takeaways from the Interim Budget 2024 that Finance Minister Nirmala Sitharaman tabled in Parliament on Thursday. The Interim Union Budget for the financial year 2024-25 focused on fiscal consolidation, infrastructure, agriculture, green growth, and railways. However, no changes were made in the tax rates, disappointing […]

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Interim Budget: Ahead of LS polls, the NDA govt sticks to ‘social justice’ theme

February 1, 2024 revoi editor

Virendra Pandit   New Delhi: As India gears up for the ensuing Lok Sabha elections in April-May, the Interim Budget 2024 has stuck to the ruling NDA’s theme of ‘social justice’ and gives a counter-secularism pitch to the economic document that Finance Minister Nirmala Sitharaman tabled in the Lower House of Parliament on Thursday. In […]

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BRICS: S. Arabia, and four other nations join the group; 34 others in queue

February 1, 2024 revoi editor

Virendra Pandit   New Delhi: Saudi Arabia and four other nations—the UAE, Iran, Egypt, and Ethiopia—have joined the global power bloc called BRICS, a group of emerging economies, this year. The bloc, founded by Brazil, Russia, India, China, and South Africa, aims to establish a currency framework for inter-BRICS trade, potentially challenging the existing American […]

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Amid the Gaza War: 10,000 Indian construction workers going to Israel, starting next week

January 31, 2024 revoi editor

Virendra Pandit   New Delhi: Facing a severe shortage of workers amid its ongoing all-out war in and around the Gaza Strip, Israel has invited Indian laborers to join its construction industry. Nearly 10,000 Indian workers will reach the Jewish nation soon, starting next week, the media reported on Wednesday. After the conflict started on […]

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Toshakhana case: Court sentences Imran and his wife Bushra to 14 years in jail

January 31, 2024 revoi editor

Virendra Pandit    New Delhi: A day after a “special court” sentenced him to 10 years in prison in the cipher case, another court ordered former Pakistan Prime Minister Imran Ahmed Khan Niazi and his current and third wife Bushra Bibi to spend 14 years in jail in the Toshakhana case, the media reported on […]

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Roving Periscope: China’s ‘threat’ good for US-India ties, FTA, says Issa

January 31, 2024 revoi editor

Virendra Pandit    New Delhi: As the world’s two largest democracies gear up for national elections this year, an influential Republican lawmaker has said the “threat” posed by an aggressive but economically declining China offers an opportunity to India and the US. The two democracies can make strong agreements, including a genuine Free Trade Agreement […]

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Adani Wilmar Limited (AWL) records a strong 13% volume growth in 9M FY24, with broad based growth across all segments

January 31, 2024 Vinayak Barot

Ahmedabad, Adani Wilmar Limited (AWL) records a strong 13% volume growth in 9M FY24, with broad based growth across all segments. The Company’s growth trajectory remained steady with a volume growth of 5% YoY in Q3’24 and 13% YoY in 9M FY’24. Consumer demand in packaged staple foods stayed strong during the festive season of  […]

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