Business

Business

Early months of FY26 indicate resilient economy, outlook remains positive: Centre

June 28, 2025 revoi editor

High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, the Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive. The economy demonstrates resilience amid a turbulent global environment, supported by […]

Business

India to celebrate 19th Statistics Day on June 29, highlighting 75 years of National Sample Survey

June 28, 2025 revoi editor

The Ministry of Statistics and Programme Implementation (MoSPI) will mark the 19th Statistics Day on June 29 at the Dr Ambedkar International Centre in New Delhi. This annual event commemorates the birth anniversary of Professor Prasanta Chandra Mahalanobis, a pioneer in statistics and economic planning, and aims to raise public awareness, particularly among the younger […]

Business

Iran: US proposes $30 bn for ‘peaceful’ n-use—the Arabs to foot the bill!

June 27, 2025 revoi editor

Virendra Pandit New Delhi: Days after bombing its three key nuclear facilities, the US is considering helping Iran access USD 30 billion to build a civilian-energy-producing nuclear programme, in what is a surprising twist in the diplomatic ties between the two nations, CNN reported on Friday. The US struck three Iranian nuclear sites last weekend after […]

Business

Trade and tariff: ‘Very big deal soon, to open up India,’ says Trump

June 27, 2025 revoi editor

Virendra Pandit New Delhi: After several blow hot and blow cold statements in the last few months, US President Donald Trump on Thursday said that America is going to have a “very big” trade deal with India, hinting at significant progress in the negotiation process of a long-awaited bilateral trade agreement between the two […]

Business

The US Economy Shrank 0.5 % between January and March 2025, worsening estimates.

June 27, 2025 revoi editor

New Delhi: The U.S. economy shrank by 0.5 from January to March. The main reason for the shrinking economy is President Trump’s disputed trade wars, reported the Commerce Department on Thursday. The U.S. economy has shrunk in a surge of imports as companies in the United States rushed to bring in foreign goods before Mr […]

Business

Roving Periscope: Rajnath stresses China roadmap for solving complex issues

June 27, 2025 revoi editor

Virendra Pandit New Delhi: The day he refused to sign the joint statement after the Shanghai Cooperation Organization (SCO) meeting in China, Defense Minister Rajnath Singh met his Chinese counterpart on Thursday and called for solving complex issues under a structured roadmap between the two countries. He called for structured de-escalation, trust-building, and border […]

Business

Adani is India’s fastest growing brand

June 27, 2025 revoi editor

New Delhi, Jun 27, Adani Group has emerged as the fastest-growing Indian brand, with its aggressive and integrated infrastructure focus driving growth, according to the latest ranking of Most Valuable Indian Brands 2025 by Brand Finance. The value of the brand Adani has risen from USD 3.55 billion in 2024 to USD 6.46 billion, marking […]

Business

Nike plans to reduce reliance on China production for US market to soften tariff blow

June 27, 2025 revoi editor

Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact of U.S. tariffs on imports and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11% in extended trading. U.S. President Donald Trump’s sweeping tariffs on imports from key trading partners could add around […]

Business

EU leaders discuss new US trade proposal as deal clock ticks down

June 27, 2025 revoi editor

European Union leaders discussed new proposals from the United States on a trade deal at a summit in Brussels on Thursday, with Commission President Ursula von der Leyen not ruling out the possibility that tariff talks could fail and saying “all options remain on the table”. Time is running out for the bloc to find […]

Business

Sensex, Nifty rise in early trade amid global cues

June 27, 2025 revoi editor

Indian benchmark indices opened in the green on Friday, supported by favourable global cues. The Nifty 50 hovered near the 25,600 mark, while the Sensex gained over 100 points in early trade. At around 9:15 a.m., the Sensex was trading 150.40 points, or 0.18 per cent, higher at 83,906.27, while the Nifty added 54.50 points, […]