Business

Business

India poised to take larger share in global output: Morgan Stanley

August 4, 2025 revoi editor

India is likely to capture a larger share of global output over the next few decades, driven by strong demographic trends, improving infrastructure, and policy stability, according to a report by Morgan Stanley Research. The report highlights a combination of factors — including robust population growth, a functioning democracy, macroeconomic stability, a growing entrepreneurial base, […]

Business

Net direct tax collection surges after reduction of corporate tax rates: Minister

August 4, 2025 revoi editor

The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth, as there has been an overall increase in collections after the reduction of the corporate tax rates with effect from Assessment Year (AY) 2020-21, the Parliament was informed on Monday. Since FY 2021-22, the growth […]

Business

India’s chip market booming, set to hit $100-110 Bn by 2030

August 4, 2025 revoi editor

India’s semiconductor chip market is growing rapidly and is expected to hit $100-110 billion by 2030, as the world moves towards greater digitalisation and automation. Being the backbone of modern electronics, semiconductors act as hidden brains that make devices work. The chips store, process, and transfer information, helping devices perform tasks such as calling, storing […]

Business

Russia cautions: “Be very, very careful with N-rhetoric”

August 4, 2025 revoi editor

Virendra Pandit New Delhi: Sensing unknown trouble ahead, Russia on Monday cautioned the US and the world: “Be very, very careful with nuclear rhetoric.” In its first response to a statement by US President Donald Trump that he had ordered a repositioning of US nuclear submarines, the Kremlin said on Monday that everyone should […]

Business

Roving Periscope: Now, Cambodia also supports Trump’s Nobel quest!

August 4, 2025 revoi editor

Virendra Pandit New Delhi: It appears that some nations have discovered the trick to humor US President Donald Trump and get concessions —support his long-cherished quest for a Nobel Peace Prize! Self-nominations are not allowed, something Trump has been doing indirectly by using lawmakers in other countries. While none of his democratic Western partners, […]

Business

The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India

August 4, 2025 revoi editor

An Adani Group spokesperson said, “We categorically deny Bloomberg’s report on 4 Aug 2025 suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New Energy Technology. This report is baseless, inaccurate and misleading. The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India. Similarly, we […]

Business

Sensex, Nifty open higher amid mixed global cues; auto, metal stocks gain

August 4, 2025 revoi editor

The Indian stock market opened on a positive note on Monday, supported by gains in auto and metal stocks, despite mixed global cues. At 9:29 am, the Sensex was up 221 points, or 0.28 per cent, at 80,821, while the Nifty rose 82 points, or 0.33 per cent, to trade at 24,647. In the early […]

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 […]