Business

Business

Passenger Vehicle Dispatches Rise 25.4% in April: SIAM

May 14, 2026 revoi editor

New Delhi: Domestic passenger vehicle dispatches to dealers in India rose 25.4 per cent year-on-year to 4,37,312 units in April 2026, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday. Two-wheeler sales also recorded strong growth during the month, rising 28.4 per cent to 18,72,691 units compared to April last […]

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Business

India signs landmark MoU for first mega greenfield shipyard in Thoothukudi under Maritime Vision 2047

May 14, 2026 revoi editor

New Delhi: India’s maritime sector received a major boost with the signing of a landmark tripartite Memorandum of Understanding (MoU) for the development of the country’s first mega greenfield shipyard at Thoothukudi in Tamil Nadu. The agreement was signed on April 20, between HD Korea Shipbuilding & Offshore Engineering (HD KSOE), National Shipbuilding & Heavy […]

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Business

WPI Inflation Surges to 8.3% on Higher Fuel, Crude Oil Prices

May 14, 2026 revoi editor

India’s wholesale price inflation rose sharply to 8.3 per cent in April 2026 on an annual basis, driven mainly by higher prices of mineral oils, crude petroleum and natural gas, basic metals and manufactured products, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday. The Wholesale Price […]

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Business

India and Uzbekistan discuss bilateral ties, regional and global issues of mutual interest

May 14, 2026 revoi editor

New Delhi: India and Uzbekistan held the 17th Foreign Office Consultations in New Delhi on Wednesday, focusing on strengthening ties in trade, investment, energy, technology and education. In a post on X, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said: “The 17th round of India-Uzbekistan Foreign Office Consultations was held in New Delhi on […]

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Business

Adani Airport Holdings, IHG Hotels & Resorts Sign Five -Hotel Deal; Kimpton Enters India

May 13, 2026 revoi editor

Mumbai, 13 May 2026: Adani Airport Holdings Limited (AAHL), India’s largest private airport operator, and IHG Hotels & Resorts, one of the world’s leading hospitality companies, have signed a landmark managed hotel portfolio agreement to develop five hotels across key airport-linked and high-growth urban destinations in India. The agreement will add close to 1,500 keys across […]

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Business

Kremlin says Russia can do business with US if it stops linking trade to Ukraine

May 13, 2026 revoi editor

New Delhi: Russia is interested in joint economic projects with the United States if Washington stops linking trade ties with a peace deal on Ukraine, the Kremlin said on Wednesday. In his daily briefing call with reporters, Kremlin spokesman Dmitry Peskov also reiterated tough terms for ending the war, which President Vladimir Putin set out […]

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Business

Uber partners with Adani Group to set up first data centre in India

May 13, 2026 revoi editor

New Delhi: Ride-hailing platform Uber has partnered with Adani Group to establish its first data centre in India, marking a major expansion of the company’s technology and innovation presence in the country. Uber Chief Executive Officer Dara Khosrowshahi announced the development on Wednesday following his meeting with Adani Group Chairman Gautam Adani in Ahmedabad. Khosrowshahi said the partnership builds on Uber’s existing collaboration […]

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Book Review

Bullion: To ease pressure on forex, India hikes tariffs on gold, silver to 15%

May 13, 2026 revoi editor

Virendra Pandit   New Delhi: Barely 24 hours after Prime Minister Narendra Modi appealed to the people, twice, to postpone gold buying for a year, the Union Finance Ministry raised import duty on precious metals by 15 percent, effective Wednesday, the media reported. According to a government notification, import duty on gold and silver has […]

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Business

Air India rationalises international flight network till August amid airspace curbs, high fuel costs

May 13, 2026 revoi editor

New Delhi: Air India on Wednesday announced a temporary rationalisation of its international flight network between June and August, citing continued airspace restrictions over certain regions and record-high jet fuel prices affecting international operations. The airline said the adjustments have been introduced to improve operational stability and minimise last-minute inconvenience to passengers amid the challenging […]

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Business

Sensex, Nifty end volatile session marginally higher led by metal stocks

May 13, 2026 revoi editor

New Delhi: Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside. The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day […]

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