Business

Business

Bay of Bengal: French maritime intelligence firm discovers China’s ‘hiding ship’

July 11, 2025 revoi editor

Virendra Pandit New Delhi: An active Chinese vessel was found “hiding” in the Bay of Bengal for several days in June near Indian waters and tried to stay concealed by switching off its Automatic Identification System (AIS), a French maritime intelligence company has revealed. According to media reports on Friday, the French company, Unseenlabs […]

Business

Canada: ‘If you retaliate, tariff will go up beyond 35%,’ Trump warns PM Carney

July 11, 2025 revoi editor

Virendra Pandit New Delhi: Clamping a 35 percent tariff on imports from Canada from August 1, US President Donald Trump has warned its Prime Minister that this levy will be increased if Canada retaliates, the media reported on Friday. In a Thursday (July 10) letter, Trump said he will raise taxes on many imported […]

Business

UPI impact: India now makes faster payments than any other country, says IMF

July 11, 2025 revoi editor

India now leads the world in faster payments, thanks to the widespread adoption of the Unified Payments Interface (UPI), according to a recent note from the International Monetary Fund (IMF). Since its launch in 2016, UPI has witnessed exponential growth, while several indicators of cash usage have shown a declining trend. UPI now processes over […]

Business

India’s economic growth on track despite global challenges: report

July 11, 2025 revoi editor

India’s economic growth continues to remain on track despite global uncertainties, supported by improvements in key high-frequency indicators in both the services and manufacturing sectors, according to a report by Bank of Baroda released on Friday. The report notes that consumption has gained momentum in the first quarter (Q1) of FY26 compared to the previous […]

Business

Security, trade in focus as Australia PM Albanese heads to China

July 11, 2025 revoi editor

Australian Prime Minister Anthony Albanese leaves for Shanghai on Saturday on an official visit to China, where regional security tensions and efforts to grow economic ties are likely to dominate talks. Australia’s exports to China, its largest trading partner, span agriculture and energy but are dominated by iron ore, and Albanese will travel with executives […]

Business

Tariff tantrums: Brazil to match US tariffs after Trump’s threat of 50% levy

July 10, 2025 revoi editor

Virendra Pandit New Delhi: Responding to President Donald Trump’s Wednesday threat to impose a 50 percent import tax on Brazilian goods from August 1, Brazilian President Luiz Inácio Lula da Silva said he is ready to match any tariffs imposed on his country by the US. The US is Brazil’s second-largest trade partner after […]

Business

Sensex and Nifty open flat as market prepares for Q1 FY26 earnings season

July 10, 2025 revoi editor

The Indian benchmark indices opened flat on Thursday amid mixed global cues, with selling pressure seen in the auto and IT sectors during early trade. At around 9:29 am, the Sensex was trading 40.96 points or 0.05 per cent lower at 83,495.12, while the Nifty declined 17.70 points or 0.07 per cent to 25,458.40. Nifty […]

Business

Adani Enterprises’ Rs 1,000 cr bond issue fully subscribed in just three hrs

July 9, 2025 revoi editor

New Delhi : Adani Enterprises Ltd‘s Rs 1,000 crore bond issue was fully subscribed within three hours of opening on Wednesday, stock exchange data showed. The non-convertible debenture (NCD) issue, which opened on Wednesday and was to close on July 22, may see early closure due to the issue being fully subscribed, sources said. NCDs are debt […]

Business

Internet: Elon Musk’s Starlink gets space regulator’s nod for India launch

July 9, 2025 revoi editor

Virendra Pandit New Delhi: Technology czar Elon Musk’s Starlink has received a final regulatory permission for launching its highs-speed, satellite-based, Internet service in India, the media reported on Wednesday. The Indian National Space Promotion & Authorization Centre (IN-SPACe), the regulator, is an independent nodal agency in the Department of Space (DoS) for promotion, facilitation and […]

Business

Roving Periscope: Playing hardball, few countries dance to Trump’s tariff tunes

July 9, 2025 revoi editor

Virendra Pandit New Delhi: US President Donald Trump may not have predicted this. Gone are the days when America’s diktat prevailed worldwide. With globalization, networking, and privatization, geoeconomics is fast replacing geopolitics, and geostrategic goals are a far cry now. His grandstanding and then the inability to perform have earned him a tag: TACO, […]