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Business

Roving Periscope: After 3 years, India and UK sign landmark six billion pound FTA

July 24, 2025 revoi editor

Virendra Pandit New Delhi: India and the United Kingdom on Thursday announced a bilateral free trade agreement (FTA), which is expected to boost exports by a multi-billion-pound amount and potentially double them by 2030. Negotiations on the trade deal took three years, having been started by former PM Boris Johnson in 2022. Union Commerce […]

Business

Adani Energy Solutions records solid performance in Q1 FY26

July 24, 2025 revoi editor

Ahmedabad, 24 July 2025: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio and the largest private transmission and distribution company in India with a large smart metering portfolio, today announced its financial and operational performance for the quarter ended June 30, 2025. “We are pleased to report another robust quarter. The […]

Business

India achieves 20% ethanol blending in petrol, five years ahead of schedule

July 24, 2025 revoi editor

India has successfully achieved 20% ethanol blending in petrol in 2025, five years ahead of its original target set for 2030, Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday. Highlighting the country’s clean energy progress, the minister noted that ethanol blending in petrol has risen from just 1.5% in 2014 to 20% […]

Business

India’s media sector booms with regional growth and digital expansion: govt

July 24, 2025 revoi editor

India’s media and broadcasting sector is undergoing a dynamic transformation, driven by steady growth in traditional platforms and rapid advancement in the digital space. In a statement presented in the Lok Sabha, Union Minister of State for Information and Broadcasting Dr L. Murugan highlighted key developments across print, television, and public broadcasting. The number of […]

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Over 2.22 crore SC students benefitted from scholarships in last 5 years: Centre

July 23, 2025 revoi editor

The Union government on Wednesday informed Parliament that more than 2.22 crore Scheduled Caste students have received scholarships over the past five years under two key central schemes aimed at promoting higher education among disadvantaged communities. In a written reply during the ongoing Monsoon Session of Parliament, Union Minister of State for Social Justice and […]

Business

ADB projects India’s GDP to grow at 6.5% in 2025, 6.7% in 2026 amid strong domestic demandion

July 23, 2025 revoi editor

The Asian Development Bank (ADB) on Wednesday projected that India’s GDP will grow at 6.5% in 2025 and a robust 6.7% in 2026, driven by strong domestic demand, a normal monsoon, and monetary easing. Inflation in India is expected to stay well within the Reserve Bank of India’s target range, with headline inflation projected at […]

Business

Indian stock market surges amid value buying, Sensex jumps 540 points

July 23, 2025 revoi editor

The Indian stock market settled in positive territory on Wednesday following buying in banking, financial services, automobiles and healthcare sectors amid positive global cues surrounding the US-Japan trade pact. Sensex closed at 82,726.64, up 539.83 or 0.66 per cent. The 30-share index opened with a decent gap-up at 82,451.87 against last session’s closing value of […]

Business

Govt clears six semiconductor projects worth ₹1.55 lakh crore, over 27,000 jobs on cards

July 23, 2025 revoi editor

The Centre has so far approved six semiconductor manufacturing projects, entailing a cumulative investment of around ₹1.55 lakh crore. These are expected to generate over 27,000 direct jobs, the Parliament was informed on Wednesday. Minister of State for Commerce and Industry Jitin Prasada said the approvals are part of the government’s ₹76,000-crore ‘Semicon India Programme’, […]

Business

Tariff: The US gets $550 bn Japan investments, imposes 15% import duty

July 23, 2025 revoi editor

Virendra Pandit New Delhi: After much dilly-dallying, the US has imposed a 15 percent tax on imports from Japan, which will invest USD 550 billion in return! President Donald Trump announced a trade framework with Japan on Tuesday, imposing a 15 percent tax on goods imported from the Asian nation, according to media reports […]

Business

Trump strikes trade deal with Japan to cut tariffs

July 23, 2025 revoi editor

The United States and Japan struck a deal to lower the hefty tariffs President Donald Trump threatened to impose on goods from its Asian ally that included a $550 billion package of U.S.-bound investment and loans from Tokyo. The agreement will bring immediate relief to Japan’s critical autos sector, with existing tariffs cut to 15% from 25%, and proposed […]