Business

Book Review

Roving Periscope: Is Trump trapping both China and Taiwan?

May 16, 2026 revoi editor

Virendra Pandit   New Delhi: In recent months, the USA approved a record USD 11 billion arms package for Taiwan, and is currently reviewing an additional USD14 billion deal. In March 2026, President Donald Trump welcomed Japan’s Prime Minister Sanae Takaichi to the White House, although she strongly supports Taiwan’s independence. But now he has […]

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Business

Sensex, Nifty end lower amid surge in crude oil price

May 15, 2026 revoi editor

New Delhi: Indian benchmark equity indices ended lower on Friday as late-session selling pressure dragged the markets down due to rise in crude oil prices. The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined 160.73 points, or 0.21 per cent, to settle at 75,237.99. The surge in […]

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Business

India, UAE ink major pacts on energy, defence, AI; Abu Dhabi commits $5 billion investment

May 15, 2026 revoi editor

New Delhi: India and the United Arab Emirates on Friday signed a series of agreements across energy, defence, maritime infrastructure and emerging technologies during Prime Minister Narendra Modi’s visit to Abu Dhabi, with the Gulf nation announcing investments worth $5 billion in India. According to the Ministry of External Affairs (MEA), the two sides reviewed […]

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Business

Trump in China: Xi hails “historic visit”—sans unresolved tensions, major deals!

May 15, 2026 revoi editor

Virendra Pandit   New Delhi: Chinese President Xi Jinping on Friday hailed the outcome of his meetings with visiting US counterpart Donald Trump and touted an agreement on a new relationship for their countries, projecting optimism—despite unresolved tensions and limited deals announced so far—the media reported. “This visit is a historic and landmark visit. Thus […]

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Business

Roving Periscope: “Iran is finished,” Trump claims, praises Xi during China visit

May 15, 2026 revoi editor

Virendra Pandit   New Delhi: On the last day of his China visit, US President Donald Trump claimed “Iran is finished,” and it must either negotiate a deal to end the ongoing conflict or face destruction. “Deal or annihilation for Iran,” he stated during an interview with Fox News on the final day of his […]

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Business

Iran war: India ready to help restore peace in West Asia, says PM Modi

May 15, 2026 revoi editor

Virendra Pandit   New Delhi: Prime Minister Narendra Modi on Friday said India is ready to extend all possible support to bring peace in West Asia, the media reported. On the first leg of his five-nation visit, PM Modi, who reached Abu Dhabi, said this during his talks with UAE President Sheikh Mohammed bin Zayed […]

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Business

Kimberley Process Intersessional 2026 Concludes in Mumbai Under India’s Chairship with Focus on Future of Natural Diamond Sector

May 15, 2026 revoi editor

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organisations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Shri Piyush Goyal […]

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Business

Trump touts business wins as China airs Iran, Taiwan concerns

May 15, 2026 revoi editor

New Delhi: U.S. President Donald Trump entered his final talks with Xi Jinping on Friday touting economic wins that gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and said its war with Iran should never have started. Trump is making the first visit by a U.S. president to China, America’s main […]

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Business

Foxconn projects 30% capex growth in 2026 amid robust AI demand

May 15, 2026 revoi editor

New Delhi: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday said it expects its capital expenditure to grow by more than 30 per cent in 2026, driven by sustained demand for artificial intelligence (AI) and cloud-based infrastructure. The company, globally known as Foxconn, said the increased spending is aimed at strengthening its international […]

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Business

Indian markets trade flat amid mixed global cues, oil prices rise

May 15, 2026 revoi editor

New Delhi: Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets. Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at 75,251, lower by 0.2 per cent or 147 points in the morning session. On […]

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