Business

Business

Roving Periscope: Trump has sown the wind; he may soon reap the whirlwind!

August 2, 2025 revoi editor

Virendra Pandit New Delhi: US President Donald Trump’s erratic and radical trade and tariff policies have scared industries, businesses, and investors not only in other countries but also at home where the unemployment rate has increased to 4.2 percent as labour participation weakened, the media, quoting the US Labour Department, reported on Saturday. Panicked […]

Business

India’s economy gains momentum as inflation eases and exports surge

August 2, 2025 revoi editor

India’s economy is showing signs of robust growth, with inflation cooling and exports reaching new heights, offering relief to households and strengthening the nation’s global trade position. The Consumer Price Index (CPI) inflation dropped to 2.10% in June 2025, the lowest since January 2019, well within the Reserve Bank of India’s target range of 4% […]

Business

GST collections rise 7.5% in July to Rs 1.96 lakh crore

August 2, 2025 revoi editor

India’s Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month of the previous year, according to government data released on Friday. The increase was driven by higher revenue from both domestic transactions and imports, reflecting steady economic activity, though the growth pace […]

Business

7 coal blocks auctioned in 12th round, to create 7,098 jobs: Centre

August 2, 2025 revoi editor

The Ministry of Coal successfully concluded the 12th round of commercial coal block auctions, with seven coal blocks awarded through forward auctions held between July 28 and July 31. This round included three fully explored and four partially explored blocks, with a cumulative geological reserve of approximately 1,761.49 million tonnes. The peak rated capacity (PRC) […]

Business

India buys oil based on global market offerings: MEA

August 2, 2025 revoi editor

India sources its oil purchases based on global market offerings to meet its energy needs, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Friday. Commenting on media reports that some Indian oil companies have stopped taking oil from Russia, Jaiswal said, “You are aware of our broad approach to energy sourcing requirements, that […]

Business

India’s forex reserves rise by $2.7 billion to $698.19 billion

August 2, 2025 revoi editor

India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday. The rise was led by foreign currency assets, which went up by $1.31 billion to $588.93 billion. These assets, expressed in dollar terms, include […]

Business

Indian Army inks Rs 223 crore deal for nextgen Tank Transporter Trailers

August 2, 2025 revoi editor

The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace and Technologies Private Limited for the procurement of 212 next-generation 50-tonne Tank Transporter Trailers to speed up logistics in battle situations. These hi-tech trailers feature hydraulic and pneumatic loading ramps along with steerable and liftable axles. These capabilities will enable the […]

Business

PM Modi to visit Varanasi, launch development projects worth Rs 2,200 crore today

August 2, 2025 revoi editor

Prime Minister Narendra Modi today is scheduled to visit Varanasi, Uttar Pradesh, on Saturday to inaugurate and lay the foundation stone for a wide range of development projects worth approximately Rs 2,200 crore. During his visit, PM Modi will address a public gathering at around 11 a.m. and will release the 20th instalment of the […]

Business

Over 1.97 lakh entities registered under ‘startup’ category on BHASKAR platform

August 2, 2025 revoi editor

The government has informed us that 197,932 entities are registered under the ‘startup’ category on the BHASKAR platform (till June 30). The Bharat Startup Knowledge Access Registry (BHASKAR) enables collaboration among the entrepreneurial ecosystem, including startups. BHASKAR is currently in the pilot phase, wherein key features are being tested, including peer-to-peer interaction, partnerships, and collaborative […]

Business

Adani Agri Fresh Digital Mandi Set to Revolutionise Apple Trade in Himachal Pradesh

August 1, 2025 revoi editor

In a pioneering move to modernise India’s agri-commerce landscape, Adani Agri Fresh launched the country’s first Digital Mandi for apples in Bithal-Rampur, Himachal Pradesh, on Wednesday. The platform blends cutting-edge automation with a farmer-first approach to overhaul how apples are graded, priced and sold—ushering in a new era of transparency and trust. The Digital Mandi […]