Business

Business

Adani Power completes the acquisition of 600 MW Vidarbha Power

July 8, 2025 revoi editor

Ahmedabad, July 8, 2025: Adani Power Ltd. (APL), India’s largest private thermal power producer, has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for an aggregate consideration of INR 4,000 crore. VIPL is a 2×300 MW domestic coal-fired power plant located in Butibori, Nagpur district, Maharashtra. VIPL was undergoing […]

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Business

Indian markets open cautiously higher amid Trump tariff concerns; IT and banking stocks lead gains

July 8, 2025 revoi editor

Indian stock markets opened on a cautious note on Tuesday as investors weighed fresh tariff measures announced by US President Donald Trump. While concerns lingered, traders appeared to adopt a “wait and watch” approach, looking for more clarity on the evolving situation. Around 9:30 am, the Sensex was trading 91.57 points, or 0.11 per cent […]

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Ashwini Vaishnaw inaugurates railway development projects at Karpoorigram station in Bihar

July 8, 2025 revoi editor

Union Railways Minister Ashwini Vaishnaw on Monday inaugurated and laid the foundation stone for several infrastructure development projects at Karpoorigram railway station in Bihar’s Samastipur division, marking a significant step toward modernization of the region’s railway facilities. The minister began the day with an inspection of Digha Bridge Halt, where he reviewed key passenger amenities, […]

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Business

China: Is ‘President-for-life’ Xi Jinping on his way out?

July 7, 2025 revoi editor

Virendra Pandit   New Delhi: President Xi Jinping, who has helmed China since 2014, was ‘elected for life’ in 2023, and has been ‘missing’ for weeks, may step down by the end of 2025, the media reported on Monday, after weeks of social media speculation that he is ready to share power, or may have […]

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Business

BRICS Summit: India leads it; Trump threatens “anti-Americans” with 10% extra tariff

July 7, 2025 revoi editor

Virendra Pandit   New Delhi: As the just-concluded 17th BRICS Summit at Rio de Janeiro, Brazil, tried to navigate delicate geopolitical scenario, in the absence of the Russian and Chinese Presidents, India became the focal point of the event which condemned the Pahalgam massacre, and passed several resolutions, but a livid US President Donald Trump […]

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Roving Periscope: “Ridiculous…won’t work,” says Trump on Musk’s political outfit

July 7, 2025 revoi editor

Virendra Pandit   New Delhi: Mocking his friend-turned-foe Elon Musk’s potential political outfit, “The America Party” (TAP), US President Donald Trump on Sunday said it was “ridiculous”, and “won’t work.” Multibillionaire and Tesla CEO Musk, who shifted from the Democrats to support the Republican presidential candidate and donated millions for Trump’s campaign in 2024, was […]

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Oil tumbles as OPEC+ hikes August output more than expected

July 7, 2025 revoi editor

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures LCOc1 fell 47 cents, or 0.69%, to $67.83 a barrel by 0327 GMT, while U.S. West Texas Intermediate […]

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Adani Ports Unveils First Steel Slag Road in Hazira; the first in any private port worldwide

July 5, 2025 revoi editor

Ahmedabad, 5 July 2025 – In a landmark step for green infrastructure, Adani Ports and Special Economic Zone Ltd. (APSEZ) has inaugurated the world’s first steel slag road at any port, setting a new global benchmark in circular economy-led development. Spanning 1.1 kilometres within Hazira Port, this sustainable road connects the Multi-Purpose Berth (MPB-1) to […]

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Roving Periscope: Trump’s ‘BBB’ wins; crises ahead as national debt to mount to $40 trillion

July 4, 2025 revoi editor

Virendra Pandit   New Delhi: For once, he can sleep in peace. After re-entering the White House on January 20, President Doland Trump—after several ups and downs, and twists and U-turns—tasted his first legialstive victory in the US Congress on Friday when the House of Representatives also passed, though with a thin majority, his controversial […]

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World’s biggest climate fund ramps up investment plans

July 4, 2025 revoi editor

The world’s biggest multilateral climate fund said it will make its largest-ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming. The Green Climate Fund’s plan to release about $1.2 billion for 17 projects mostly in Asia and Africa follows approval by shareholders including the United […]

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