Business

Business

Domestic air passenger traffic likely to touch 176 million in FY26: ICRA

August 28, 2025 revoi editor

India’s domestic air passenger traffic is projected to rise to 172–176 million in FY26, marking a growth of 4–6 per cent over the previous year, according to a report released on Thursday by rating agency ICRA. The moderation in growth comes even as aircraft deliveries are increasing. In Q1 FY26, passenger traffic grew 4.4 per […]

Business

Roving Periscope: America’s conscience keepers, India Inc. against Trump’s tariffs

August 28, 2025 revoi editor

Virendra Pandit New Delhi: Crises test one’s resilience. Braving a piqued US President Donald Trump’s unilateral and discriminatory tariffs, a resurgent India, led by Prime Minister Narendra Modi, is showing its mettle, with strong support from India Inc., and even the sectors most affected. Worried at the adverse outcome of his erratic decisions, several […]

Business

Adani Portfolio Delivers a Record Performance; TTM EBITDA crosses INR 90,000 crore Milestone

August 28, 2025 revoi editor

Ahmedabad, 28 August 2025: The Adani Group, India’s largest infrastructure player, today announced the financial performance of the Adani Portfolio for the Trailing-Twelve-Month (TTM) and Q1FY26, along with its Credit performance. The Adani Portfolio EBITDA has crossed the INR 90,000 crore milestone on a trailing twelve-month basis for the first time, with Q1 EBITDA also […]

Business

Trump tariffs ‘small slice’ of Indian economy, opportunity to broaden markets: expert

August 28, 2025 revoi editor

Richard Rossow, a leading expert on India-US economic ties and the Chair of India and Emerging Asia Economics at the Centre for Strategic and International Studies (CSIS), has said that Washington’s punitive measures would not have a considerable impact on India’s growth but still present the country with a “unique opportunity” to diversify its markets […]

Business

Govt extends import duty exemption on cotton till Dec 31

August 28, 2025 revoi editor

The government on Thursday extended the exemption on import duty for cotton till December 31, 2025, in a bid to ensure adequate availability for the textile industry. The Centre had earlier exempted the duty from August 19 to September 30. “In order to support exporters further, the Central Government has decided to extend the import […]

Business

Adani’s Vizhinjam port hits 1 mn TEUs

August 27, 2025 revoi editor

Thiruvananthapuram (Kerala), Aug 27: In under nine months since commencing commercial operations, Adani Group’s Vizhinjam International Seaport has achieved a significant milestone of handling over 1 million twenty-foot equivalent units (TEUs). The achievement by the port operated by Adani Ports and Special Economic Zone (APSEZ) not only surpasses initial projections but has also redefined India’s maritime […]

Business

Greenland: As Americans ‘infiltrate’, start ‘covert ops’, Denmark summons US envoy

August 27, 2025 revoi editor

Virendra Pandit New Delhi: After remaining on the back burner for weeks as US President Donald Trump was busy firing his tariff missiles left, right, and centre, Greenland bounced back to hit the headlines again as Denmark summoned the US envoy to protest against Americans’ ‘infiltration’ into the Danish territory. According to media reports […]

Business

Tariff terror: Despite trade costs, India Inc. bonds resilient, says Barclays

August 27, 2025 revoi editor

Virendra Pandit New Delhi: On the day that 50 percent US tariffs on imports from India became effective, leading consultancy firm Barclays Research said on Wednesday that while India Inc. will face margin compression, it will be supported by strong leverage, liquidity, and domestic demand as the American tariffs hit USD 55 billion worth […]

Business

Dominant AI trade confronts test as bellwether Nvidia reports earnings

August 27, 2025 revoi editor

The artificial intelligence theme that has propelled markets over the past couple years faces a crucial moment on Wednesday, when bellwether Nvidia Corp reports its second-quarter results. Technology shares, including a number of signature stocks in the AI trade, have wobbled this month with investors pointing to some signs of caution emerging in the AI industry. The declines have taken some of the steam out of […]

Business

Wheels of Change: India’s Electric Leap for Green Mobility

August 27, 2025 revoi editor

India’s swift transition to green mobility has moved from aspiration to action. By February 2025, the nation had already registered 56.75 lakh electric vehicles, underscoring its momentum toward sustainable transport. This electric revolution is fuelled by visionary government programmes like FAME II, PM E-Drive, the Production Linked Incentive (PLI) schemes, and PM e-Bus Sewa, which […]