Business

Business

NO: Sovereign, Israel declares it’s “not bound” by the US-Iran peace deal

June 15, 2026 revoi editor

Virendra Pandit New Delhi: Clouding the outcome of what President Donald Trump called memorandum of understanding (MoU) between the US and Iran to ‘permanently’ end the ongoing war in West Asia, Israel has pushed back against the proposed deal, declaring the Jewish state is “not bound” by it. Former Israeli Defence Minister Benny Gantz […]

Business

Roving Periscope: The US-Iran announce draft peace deal; Israel “not bound!”

June 15, 2026 revoi editor

Virendra Pandit New Delhi: After dragging their feet for weeks, the US and Iran announced a draft peace deal to ‘permanently’ end their 107-day-long war in West Asia on Monday, excluding some key contentious issues, but opening the Strait of Hormuz and giving an opportunity to the Group of Seven (G-7) to start their […]

Business

Markets: Hoping for peace in W.Asia, crude prices fall, bourses soar 2%

June 12, 2026 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump claiming, once again, that Washington has reached a “great settlement” with Tehran—although Iran denied it!—and a fall in crude oil prices, Indian benchmark indices took a positive global sentiment clue and jumped nearly 2 percent on Friday, the media reported. Trump, as his Friday statements […]

Business

First trillionaire: If Musk spends $1mn/day, it will take him 2,740 years to spend all his wealth!

June 12, 2026 revoi editor

Virendra Pandit New Delhi: USD 1 trillion is a number so massive that it stretches the limits of human comprehension. Now imagine a man sitting upon this colossal wealth. If Elon Musk spends USD 1 million (Rs. 9,52,96,150) every day, it would still take him 2,740 years to spend his wealth, which is now […]

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Economy: Amid global headwinds, India’s GDP growth to slow to 6.6% in FY27, says BMI

June 11, 2026 revoi editor

Virendra Pandit New Delhi: Amid the ongoing West Asian conflict between the US-Israel, and Iran, and the global headwinds, India’s GDP growth in the current final year, 2026-27, would slow down to 6.6 per cent, as compared to 7.7 per cent in FY26, according to BMI, a Fitch Group company. This projection is in […]

Business

Roving Periscope: Amid ongoing ‘peace talks,’ the US, Iran at it again

June 11, 2026 revoi editor

Virendra Pandit New Delhi: Waiting for the other side to blink first, the US and Iran returned to the war-mode on Thursday with Tehran announcing closure of the Strait of Hormuz in the wake of US attacks, and also started striking America’s allies in West Asia, the media reported. Two ‘violating ships’ attempting […]

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H-1B: Indian diaspora groups welcome US court ruling against $100k visa fees

June 9, 2026 revoi editor

Virendra Pandit New Delhi: Indian diaspora advocacy groups in the United States have welcomed a federal court ruling that struck down the controversial USD 100,000 fee imposed on new H-1B visa applications, describing the decision as a significant victory for skilled professionals, employers and the broader innovation ecosystem, the media reported on Tuesday. The […]

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Roving Periscope: “You better be careful,” Trump cautions Bibi over Iran war escalation

June 9, 2026 revoi editor

Virendra Pandit New Delhi: After a volatile 24-hour period of escalating intense cross-border hostilities, threatening another full-scale war, US President Donald Trump on Monday cautioned Israeli Prime Minister Benjamin Netanyahu that Israel risks international isolation if it resumes extensive military operations against Iran. According to media reports, Trump told Axios, “I said, ‘Bibi, you […]

Business

Adani Energy Solutions to acquire IntelliSmart, one of India’s largest smart meter players

June 9, 2026 revoi editor

Ahmedabad, June 9, 2026: Adani Energy Solutions Limited (“AESL”), India’s largest private transmission company and one of India’s leading energy solutions providers, has executed a binding securities purchase and subscription agreement (“SPSA”) to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited, a leading smart metering JV between National Investment and Infrastructure Fund (“NIIF”) […]

Business

Earthquake: 19 died, over 200 wounded as 7.8 temblor hits the Philippines

June 8, 2026 revoi editor

Virendra Pandit New Delhi: At least 19 people died, and more than 200 were injured after a 7.8-magnitude earthquake hits the Philippines on Monday, the media reported. According to early reports, numerous aftershocks followed the 7:37 am quake, which was also felt in nearby Malaysia. Tsunami waves were also detected in Indonesia and Malaysia. […]