Business

Business

Indian stock market settles lower amid US tariff concerns

August 5, 2025 revoi editor

The Indian stock market closed in negative territory on Tuesday, as investors reacted cautiously to US President Donald Trump’s fresh tariff threat and India’s strong response. The Sensex ended at 80,710.25, down 308.47 points or 0.38%. It opened slightly lower at 80,946.43 compared to the previous close of 81,018.72, and losses deepened through the session […]

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Business

Ukraine: Besides N. Koreans soldiers, Russia even using Chinese, Pak, other mercenaries!

August 5, 2025 revoi editor

Virendra Pandit   New Delhi: After accusing Russia of pushing North Korean soldiers in the Ukraine war, Ukrainian President Volodymyr Zelenskyy has said Moscow is now using even mercenaries from China, Pakistan, and other countries in the ongoing conflict that started on February 24, 2022. These mercenaries are from  China, Pakistan, Tajikistan, Uzbekistan, and African […]

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Dubai welcomes record 9.88 million visitors in 2025, India remains key market

August 5, 2025 revoi editor

Dubai has reaffirmed its status as a global tourism powerhouse, recording 9.88 million overnight international arrivals in the first half of 2025, a 6% increase over the same period in 2024, the Dubai Department of Economy and Tourism announced. This milestone reflects the emirate’s ambitious pursuit of excellence in tourism, infrastructure, and global connectivity, in […]

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Economy: India to become the world’s “most sought-after consumer market”

August 5, 2025 revoi editor

Virendra Pandit   New Delhi: India will play a bigger role in global economy over the coming decades and become the world’s “most sought-after consumer market,” a Morgan Stanley report said on Monday. Morgan Stanley, a leading global financial services firm, specializes in investment banking, wealth management, and investment management. They provide a wide array of […]

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Business

Roving Periscope: India exposes the US-led West’s hypocrisy on Pakistan, Russia

August 5, 2025 revoi editor

Virendra Pandit   New Delhi: Amid worsening relations between the US-led West and India over purchase of oil and arms from Russia and tariff tantrums, India started counter-attacking them, exposing America’s role in arming Pakistan before 1971, indirectly allowing New Delhi to purchase crude from Moscow since 2022, and turning a blind eye on Europe […]

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Business

APSEZ’s quarterly revenue grows 21% YoY driven by 2x jump in Logistics and 2.9x increase in Marine

August 5, 2025 revoi editor

Ahmedabad, 5 August 2025: Adani Ports and Special Economic Zone Limited (APSEZ) announced its results for the quarter ending 30th June 2025. Particulars (₹ Cr) Q1 FY26 Q1 FY25 YoY Revenue 9,126 7,560 21% EBITDA 5,495 4,848 13%# PAT 3,311 3,107 7%* “This quarter’s 21% revenue growth is anchored by extraordinary momentum in our Logistics and […]

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About 54 crore loans worth over Rs 35 lakh crore sanctioned under MUDRA scheme: Centre

August 5, 2025 revoi editor

Since its inception, 53.85 crore loans amounting to over ₹35.13 lakh crore have been sanctioned under the Pradhan Mantri MUDRA Yojana (PMMY), the government informed Parliament on Monday. The PMMY scheme provides collateral-free credit of up to ₹20 lakh to micro and small enterprises, thereby enabling self-employment and income generation. Additionally, the launch of the […]

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Business

NITI Aayog launches report on $200 billion electric vehicle opportunity in India

August 5, 2025 revoi editor

NITI Aayog on Monday launched its report titled “Unlocking a $200 Billion Opportunity: Electric Vehicles in India”, which provides a comprehensive assessment of the current challenges and strategic recommendations needed to accelerate India’s transition to electric mobility. The report was released by Rajiv Gauba, Member, NITI Aayog, in the presence of B. V. R. Subrahmanyam, […]

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MEA defends India’s oil imports from Russia; calls US, EU criticism ‘unjustified, unreasonable’

August 5, 2025 revoi editor

The Ministry of External Affairs (MEA) on Monday defended India’s continued import of oil from Russia amid criticism from the United States and the European Union (EU), terming such objections “unjustified and unreasonable”. Responding to questions over energy trade with Russia since the commencement of the Ukraine conflict, the MEA clarified that India’s imports are […]

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Business

N-power: The US opposes, but Islamabad supports Tehran for “peaceful use”

August 4, 2025 revoi editor

Virendra Pandit   New Delhi: While the US is pressurizing Iran to sign the nuclear deal, fearing it could use it for warfare, Pakistan, keeping its own options open, has supported Iran’s right to develop nuclear capability for “peaceful purposes.” After Iranian President Masoud Pezeshkian, who arrived in Islamabad on Saturday on a two-day official […]

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