Business

Business

Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation

July 16, 2025 revoi editor

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country, and more deals were coming, while offering fresh details on planned duties on pharmaceuticals. Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued […]

Business

India offers help to restore Satyajit Ray’s ancestral home in Bangladesh

July 16, 2025 revoi editor

The Indian government has expressed regret over the reported demolition of the ancestral house of iconic filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh, and has offered its support for its restoration. In a statement issued on Tuesday, the Ministry of External Affairs (MEA) said, “We note with profound regret that the ancestral property of […]

Business

US launches probe into Brazil’s trade practices, digital payment services

July 16, 2025 revoi editor

U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil’s “unfair” trading practices, a week after President Donald Trump threatened a 50% tariff on imports from Latin America’s largest economy. Trump’s trade war, launched since starting his second term in January, sets tariffs on nearly all U.S. trading partners, aiming […]

Business

1.4 lakh new PM Jan Dhan Yojana accounts opened since July 1: Finance ministry

July 16, 2025 revoi editor

Nearly 1.4 lakh new accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have been opened across the country since July 1, the Department of Financial Services (DFS) said on Tuesday. More than 5.4 lakh fresh enrolments under the three Jan Suraksha Schemes have also been recorded during this period. The DFS has rolled out […]

Business

Space: In Shubhanshu Shukla, India gets its second astronaut and a new hero!

July 15, 2025 revoi editor

Virendra Pandit New Delhi: With the return of Shubhanshu Shukla on Earth on Tuesday, India has a new hero, 41 years after the country’s first astronaut, Rakesh Sharma, made the country proud. It has been a giant leap for the Indian Space Research Organization (ISRO), which has funded Rs. 550 crore for the US-led […]

Business

AWL Agri Business posts strong growth, Q1 FY26 revenue jumps 21 pc YoY

July 15, 2025 revoi editor

Ahmedabad, July 15: AWL Agri Business, a leading consumer company, on Tuesday reported its highest-ever Q1 revenue at Rs 17,059 crore for FY26, up 21 per cent from the same quarter last fiscal. The growth was mainly driven by its edible oil business, which grew 26 per cent year-on-year. This segment contributed Rs 13,415 crore, […]

Business

Space: Shubhanshu Shukla-piloted Ax-4 mission returns on Earth

July 15, 2025 revoi editor

Virendra Pandit New Delhi: Signifying a new landmark in the Indo-US cooperation and delighting millions of Indians, SpaceX’s Dragon spacecraft Grace successfully landed in the Pacific Ocean off the coast of California on Tuesday, marking the safe return of the Axiom-4 Mission (Ax-4) crew, piloted by India’s Group Captain Shubhanshu Shukla, the first Indian […]

Business

Automobiles: Elon Musk’s EV maker Tesla enters India; first showroom in Mumbai

July 15, 2025 revoi editor

Virendra Pandit New Delhi: Weeks after India gave the go-ahead to Elon Musk’s Starlink, the high-speed, satellite-based Internet services provider, to operate, his electric vehicle-maker company, Tesla, entered the country with an ‘experience centre’ and the first showroom in Mumbai on Tuesday. A 4,000-square-foot space in Mumbai’s financial district of Bandra Kurla Complex (BKC) […]

Business

Sensex, Nifty edge higher as inflation cools

July 15, 2025 revoi editor

India’s benchmark indices opened higher on Tuesday, staging a mild rebound after four straight sessions of losses, as easing inflation and positive global cues lifted investor sentiment. Consumer inflation dropped to a more than six-year low of 2.10 per cent in June, providing a boost to hopes for future rate cuts and signalling macroeconomic resilience. […]

Business

SCO: Amid ‘complex global situation’, Dr. Jaishankar for “open dialogue” with China

July 14, 2025 revoi editor

Virendra Pandit New Delhi: India’s External Affairs Minister S Jaishankar held a meeting with Chinese Vice President Han Zheng in Beijing on Monday and said New Delhi sought an “open dialogue” with Beijing amid a ‘very complex’ global situation. He also noted the improvement in bilateral ties and expressed confidence that discussions during his […]