Business

Business

Indian stock markets end lower as India-US trade deal stalls

August 1, 2025 revoi editor

Indian stock markets ended in negative territory on Friday after the announcement of fresh tariffs by the United States on imports from India. The 25 per cent tariff declaration by US President Donald Trump impacted investor sentiment, leading to broad-based selling across sectors. The BSE Sensex declined by 585.67 points, or 0.72 per cent, to […]

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Business

India Post Payments Bank launches Aadhaar-based face authentication for digital transactions

August 1, 2025 revoi editor

The India Post Payments Bank (IPPB) on Friday announced the nationwide rollout of Aadhaar-based face authentication for customer transactions, a move aimed at enhancing ease of access and financial inclusion for the elderly, differently-abled, and those facing biometric authentication issues. Developed under the framework of the Unique Identification Authority of India (UIDAI), the feature enables customers […]

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Business

CEO Tim Cook says Apple ready to open its wallet to catch up in AI

August 1, 2025 revoi editor

Apple CEO Tim Cook signalled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centres or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as Microsoft and Alphabet’s Google, both of which have attracted hundreds […]

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Business

Crude: With low discounts, India reducing Russian oil imports

August 1, 2025 revoi editor

Virendra Pandit   New Delhi: With US President Donald Trump slapping high tariffs left, right, and centre, and Russian discounts on crude falling, India is gradually reducing imports from Russia, indicating a calibrated move to look for other resources. Russia is the largest oil supplier to India, accounting for about 35 percent of India’s overall […]

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Cabinet approves ₹2,000 crore grant to NCDC; Amit Shah thanks PM Modi for strengthening cooperative sector

August 1, 2025 revoi editor

Union Home Minister and Minister of Cooperation Amit Shah, on Thursday, expressed gratitude to Prime Minister Narendra Modi after the Cabinet approved a grant assistance of ₹2,000 crore to the National Cooperative Development Corporation (NCDC) for the next four years. The grant will be disbursed at ₹500 crore per year, with the objective of boosting […]

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Business

Mission Karmayogi crosses 1.26 crore users, expands digital training across govt

August 1, 2025 revoi editor

Mission Karmayogi, the central government’s ambitious civil services capacity-building programme, is witnessing robust nationwide adoption. As of July 21, over 1.26 crore govt officials across central and state levels have registered on the iGOT-Karmayogi digital learning platform. In a written reply in the Rajya Sabha, Union Minister of State Dr Jitendra Singh confirmed that all […]

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Manufacturing to research, India playing key role in new foldable series: Samsung

August 1, 2025 revoi editor

From local manufacturing to research and development, India has a significant role in the development of the new foldable series, JB Park, President and CEO, Samsung Southwest Asia, said on Friday. According to him, the company engineers from the Bengaluru R&D facility have contributed significantly to the development of the new Z Fold7 and the […]

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Business

The oil deal: Sharif thanks, Balochs warn on America’s ‘oil discovery’ in Pakistan!

July 31, 2025 revoi editor

Virendra Pandit   New Delhi: Although Pakistan’s Prime Minister Shehbaz Sharif has thanked Donald Trump for a “landmark deal,” many are scratching their head in disbelief on the US President’s claims of “massive oil reserves” in the South Asian country, which America plans to help it tap. Ironically, it is only an oil deal, not […]

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Business

Govt consistently increased budget allocation for science and research in last five years: Jitendra Singh

July 31, 2025 revoi editor

The government has consistently increased the budget allocation for science and research, with the highest allocation made in FY 2025-26 over the last five years, Union Minister of State for Science and Technology Jitendra Singh informed Parliament on Thursday. In a written reply in the Rajya Sabha, Singh said that “more than ₹65,307 crore has […]

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Business

Tata Motors announces euro 3.8 billion acquisition of Iveco Group

July 31, 2025 revoi editor

Tata Motors Limited has announced plans to acquire Iveco Group N.V., a leading European commercial vehicle and mobility company, through an all-cash voluntary tender offer valued at approximately €3.8 billion. The proposed acquisition is subject to regulatory approvals and the successful separation of Iveco’s defence business. The deal aims to create a powerful global player […]

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