Business

Business

Indian stock market surges amid value buying, Sensex jumps 540 points

July 23, 2025 revoi editor

The Indian stock market settled in positive territory on Wednesday following buying in banking, financial services, automobiles and healthcare sectors amid positive global cues surrounding the US-Japan trade pact. Sensex closed at 82,726.64, up 539.83 or 0.66 per cent. The 30-share index opened with a decent gap-up at 82,451.87 against last session’s closing value of […]

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Govt clears six semiconductor projects worth ₹1.55 lakh crore, over 27,000 jobs on cards

July 23, 2025 revoi editor

The Centre has so far approved six semiconductor manufacturing projects, entailing a cumulative investment of around ₹1.55 lakh crore. These are expected to generate over 27,000 direct jobs, the Parliament was informed on Wednesday. Minister of State for Commerce and Industry Jitin Prasada said the approvals are part of the government’s ₹76,000-crore ‘Semicon India Programme’, […]

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Tariff: The US gets $550 bn Japan investments, imposes 15% import duty

July 23, 2025 revoi editor

Virendra Pandit New Delhi: After much dilly-dallying, the US has imposed a 15 percent tax on imports from Japan, which will invest USD 550 billion in return! President Donald Trump announced a trade framework with Japan on Tuesday, imposing a 15 percent tax on goods imported from the Asian nation, according to media reports […]

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Trump strikes trade deal with Japan to cut tariffs

July 23, 2025 revoi editor

The United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a $550 billion package of U.S.-bound investment and loans from Tokyo. The agreement will bring immediate relief to Japan’s critical autos sector, with existing tariffs cut to 15% from 25%, and proposed […]

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Cybercrime: Indians lose over Rs.22k cr to cyber criminals in 2024

July 22, 2025 revoi editor

Virendra Pandit New Delhi: Indian citizens lost more than Rs. 22,845.73 crore to cyber criminals in 2024, a staggering increase of nearly 206 percent from the previous year, the Lok Sabha was informed on Tuesday. Responding to a written question, Union Minister of State for Home Affairs Bandi Sanjay Kumar said that, according to […]

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More than 34 crore jobs created in MSME sector since 2014: Centre

July 22, 2025 revoi editor

Over 34 crore people have gained employment through micro, small and medium enterprises (MSMEs) since 2014 via the Udyam and Udyam Assist portals, Union Minister Jitan Ram Manjhi told the Rajya Sabha on Monday. Responding to a question in the Upper House, the minister of MSMEs said there is no shortage of funds or workers […]

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Female participation in skill training rises as govt expands outreach

July 22, 2025 revoi editor

The Centre is expanding its efforts to improve employability among Indian youth—particularly women—through focused skill development programmes under the Skill India Mission (SIM), the Ministry of Skill Development and Entrepreneurship (MSDE) informed the Lok Sabha on Monday. As part of SIM, the government is providing training through schemes such as Pradhan Mantri Kaushal Vikas Yojana […]

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South Korea finance minister, trade envoy to hold tariff talks with US counterparts

July 22, 2025 revoi editor

South Korea’s new finance minister and the country’s top trade envoy will meet in Washington with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday. The country’s foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after […]

Business

IMF’s Gita Gopinath to step down in August, return to Harvard University

July 22, 2025 revoi editor

Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday. IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in “due course, ”the IMF said. Gopinath joined the fund in […]

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Sensex, Nifty open higher as banking stocks continue to gain

July 22, 2025 revoi editor

The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues. At 9.23 am, Sensex was up 152 points, or 0.19 per cent, at 82,359, and Nifty was up 38 points, or 0.15 per cent, at 25,129. Banking stocks were leading the market. Nifty Bank […]