Business

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 […]

Business

Thailand records Job Growth: The jobless rate improves to 0.91% in Q2.

August 27, 2025 revoi editor

New Delhi: Thailand employment growth remained stable in the second quarter of 2025 compared to a year earlier, which supported marginal growth in the non-agricultural sector, reports Xinhua, citing official data from the National Economic and Social Development Council (NESDC). Thailand’s employment rate stood at 1.07%, down from the same period last year and representing […]

Business

Roving Periscope: To absorb US tariffs, India to diversify textile exports to 40 countries

August 27, 2025 revoi editor

Virendra Pandit New Delhi: As US President Donald Trump’s 50 percent tariff on Indian exports to America became effective on Wednesday, New Delhi has planned an outreach to 40 key countries to boost textile exports, the media reported. The significant move is expected to position India as a reliable supplier of quality, sustainable, and […]

Business

Indian stock market to remain shut on Ganesh Chaturthi

August 27, 2025 revoi editor

There will be no trading at the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday on the account of Ganesh Chaturthi festival. Trading in derivatives, equities, Securities Lending and Borrowing (SLB), currency derivatives and interest rate derivatives will remain shut for the day. The commodity derivatives segment will be closed in […]

Business

Shivraj Singh Chouhan calls for higher wheat, barley productivity, lower farm costs

August 27, 2025 revoi editor

Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan on Wednesday said that while India is self-reliant in wheat and rice production, the focus must now be on reducing cultivation costs and boosting per-hectare productivity to make farming more profitable. Addressing the 64th All India Wheat and Barley Research Workers’ Workshop at Rajmata Vijayaraje Scindia […]