Business

Business

Energy: China increases Russian oil imports; India cuts down

August 20, 2025 revoi editor

Virendra Pandit New Delhi: While India has recently cut down on the import of Russian crude because of reduced discounts, China has increased oil import, the media reported on Wednesday. China’s oil refineries have placed new orders for Russian crude that will be shipped from ports that typically supply India, as demand from the […]

Business

Education: Foreign student arrivals to the US plunge 46% as visa woes mount

August 19, 2025 revoi editor

Virendra Pandit New Delhi: With the Trump administration’s controversial policies wreaking havoc within the US and without, the number of visitors to America arriving on student visas plunged sharply in July, falling year-on-year for a fourth straight month, the media reported on Tuesday. The declines were most pronounced from Asia, the largest international education […]

Business

India’s GDP growth projected at 6.7% in Q1 FY2026, higher than RBI target of 6.5%: ICRA

August 19, 2025 revoi editor

India’s GDP growth projection is at 6.7 per cent in the first quarter of the current financial year, which is higher than the RBI’s estimate of 6.5 per cent, according to rating agency ICRA. The agency noted, however, that GDP expansion has eased from 7.4 per cent in Q4 FY2025, while it outpaces the Monetary […]

Business

Ukraine: No breakthrough, yet—Trump proposes, but Putin unwilling to dispose!

August 19, 2025 revoi editor

Virendra Pandit New Delhi: It wasn’t unexpected, after all, given what happened in Alaska on August 15. US President Donald Trump returned to the White House, delighted after meeting his ‘old friend,’ Russian President Vladimir Putin. And Putin—some claimed it was one of his multiple body doubles!—also returned home without yielding an inch and, […]

Business

Cabinet clears Rs 8,307 crore 6-lane capital region ring road project in Odisha

August 19, 2025 revoi editor

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the construction of a 6-Lane Access-Controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha at a total capital cost of Rs 8,307.74 crore. The 110.875 km project will be developed in Hybrid Annuity Mode (HAM). At present, the Rameshwar–Tangi stretch […]

Business

Cabinet clears ₹1,507-cr greenfield airport project at Kota-Bundi

August 19, 2025 revoi editor

The government on Tuesday approved the development of a greenfield airport at Kota-Bundi in Rajasthan at an estimated cost of ₹1,507 crore. The proposal, cleared by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, will be executed by the Airports Authority of India (AAI). The Rajasthan government has already transferred […]

Business

Indian stock market rally continues, Sensex jumps 370 points

August 19, 2025 revoi editor

Indian benchmark indices extended their gains for a second straight session on Tuesday, driven by optimism over GST rationalisation and positive global cues. The Sensex closed at 81,644.39, up 370 points (0.46%), after opening higher at 81,439.11 against the previous close of 81,273.75. The index touched an intraday high of 81,755.88, led by strong buying […]

Business

Roving Periscope: China smiles; ready to provide rare earths, fertilizers to India

August 19, 2025 revoi editor

Virendra Pandit New Delhi: As India told the visiting Chinese Foreign Minister that differences must not become disputes, Beijing has agreed to address New Delhi’s requirements for rare earths, fertilizers, and tunnel-boring machines, the media reported on Tuesday. Minister for External Affairs S. Jaishankar, who led the Indian team to discuss various bilateral issues […]

Business

Nifty, Sensex open flat as investors track Ukraine peace talks; oil, metal and media shares gain

August 19, 2025 revoi editor

Indian stock markets opened on a cautious note on Tuesday, with both benchmark indices trading flat in the early session. Investors stayed watchful amid the ongoing Ukraine peace process and awaited global cues. The Nifty 50 index opened at 24,891.35, gaining 14.40 points or 0.06 per cent, while the BSE Sensex started the day at […]

Business

OpenAI rolls out cheapest ChatGPT plan at $4.6 in India to chase growth

August 19, 2025 revoi editor

ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month, its most affordable offering yet, as the company looks to deepen its presence in its second-largest market. Global companies often offer cheaper subscription plans for India’s price-sensitive market, targeting the nearly one billion internet users […]