Business

Business

Sri Lanka: Former President Wickremesinghe arrested for ‘misuse of state funds’

August 22, 2025 revoi editor

Virendra Pandit New Delhi: Former Sri Lankan President Ranil Wickremesinghe, who helped stabilize the island nation politically and economically after its worst-ever crisis, including a civil war and the overthrow of his predecessor, Gotabaya Rajapaksa, in 2022, was arrested on Friday for allegedly misusing state funds, the media reported. Wickremesinghe, 76, a six-time Prime […]

Business

PM Modi to inaugurate development projects worth over ₹18,000 crore in Bihar, Bengal today

August 22, 2025 revoi editor

Prime Minister Narendra Modi will visit Bihar and West Bengal today to inaugurate and lay the foundation stone of development projects worth more than ₹18,000 crore, covering sectors like power, roads, health, urban development, and water supply. In Bihar, the prime minister will dedicate projects worth around ₹13,000 crore at Gaya, where he will also […]

Business

Ukraine: Europe must share “lion’s share” of guaranteeing security, says JD Vance

August 21, 2025 revoi editor

Virendra Pandit New Delhi: The US on Thursday made it clear that European countries will have to shoulder the “lion’s share” of guaranteeing Ukraine’s security in the event of a deal to end Russia’s war in the country, the media reported. According to Fox News, Vice-President JD Vance said on Wednesday that the US […]

Business

India’s airline industry to see 11-14% operating profit this fiscal: Report

August 21, 2025 revoi editor

The domestic airline industry is expected to witness an operating profit of 11-14% to ₹20,000-21,000 crore this fiscal (FY26), a report stated on Thursday. The second half of this fiscal, which typically accounts for 50-55% of annual traffic, is expected to see faster growth, Crisil Ratings said in its report. However, this fiscal year, the […]

Business

India dominates leasing market in APAC region with 70% share: Report

August 21, 2025 revoi editor

India accounted for around 70% of the commercial leasing demand in the Asia Pacific (APAC) region and 48% of new supply in the first half of 2025 (H1 2025), making it the leading office market in this geography, a report highlighted on Thursday. Mainland China, India, and Singapore accounted for about 80% of the new […]

Business

Roving Periscope: Trump fleecing Earth to pay America’s $ 37 trillion national debt!

August 21, 2025 revoi editor

Virendra Pandit New Delhi: On August 7, President Donald Trump boasted that, with sweeping tariffs taking effect on more than 90 countries, billions of dollars are flowing into the US. Where is all this dollar inflow going? Why are unemployment and inflation rising across America? Turns out that these billions of dollars are currently […]

Business

Bangladesh: India rejects claim of Awami League activities on its soil

August 21, 2025 revoi editor

Virendra Pandit New Delhi: Rejecting Bangladesh’s claims that India has become the hub of Awami League activities, New Delhi has said it was not aware of any anti-Bangladesh activities in the country. Awami League President and former Prime Minister Sheikh Hasina Wajed, whose elected government was overthrown by Pakistan-supported and anti-Hindu Islamic fundamentalists in […]

Business

Tit-for-tat: Beijing shuns Washington, buys costlier soybeans from Brasilia

August 21, 2025 revoi editor

Virendra Pandit New Delhi: With anti-US sentiments unfolding worldwide, China has replaced the import of American soybeans with more expensive produce from Brazil, according to media reports on Thursday. Even if other nations importing US soybeans continue as usual, American exports would still fall by 48 percent—because China is the largest buyer. The US […]

Business

India-Russia trade in goods has increased five-fold in four years, need to address trade imbalance: Jaishankar

August 21, 2025 revoi editor

External Affairs Minister S. Jaishankar has said that bilateral trade in goods between India and Russia has grown more than five-fold, rising from USD 13 billion in 2021 to USD 68 billion in 2024-25, while cautioning that the trade imbalance must be addressed urgently. Speaking at the 26th Session of the India-Russia Inter-Governmental Commission for […]

Business

Stock markets open higher; Nifty above 25,000 amid mixed global cues

August 21, 2025 revoi editor

Equity benchmark indices opened in the green on Thursday, supported by mixed global trends. The Sensex rose 89 points to 81,947, while the Nifty advanced 14 points to 25,064. In broader markets, the Nifty Midcap 100 slipped 0.10 per cent, while the Nifty Smallcap 100 gained 0.22 per cent. Among sectoral indices, Nifty IT fell […]