Business

Business

Indian stock market opens lower amid weak Asian cues

June 17, 2025 revoi editor

Indian benchmark indices opened in the red on Tuesday, tracking weak cues from Asian markets, with early trade witnessing selling pressure in the auto, IT, and pharma sectors. At around 9:28 a.m., the BSE Sensex was down 186.35 points, or 0.23 per cent, at 81,609.80, while the NSE Nifty fell 68.20 points, or 0.27 per […]

Business

India’s Trade Deficit narrows to $21.88 billion in May on lower imports.

June 16, 2025 revoi editor

New Delhi: India’s trade deficit narrows to $21.88 billion, which is a five-month high, from $26.42 billion, which was recorded in April, as per the data released by the Ministry of Commerce and Industry on Monday. The main reason for this difference is lower imports. The recorded Trade Deficit was around $25 billion, according to […]

Business

Cyprus: In a ‘message’ to Turkiye, PM Modi gets clicked next to disputed area

June 16, 2025 revoi editor

Virendra Pandit New Delhi: In what is being viewed as a ‘subtle message’ to the pro-Pakistan Turkiye President Recep Tayyip Erdogan, the visiting Prime Minister Narendra Modi was clicked with Cyprus President Nikos Christodoulides in the backdrop of a Turkish-controlled disputed territory, the media reported on Monday. PM Modi toured the capital city of […]

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The Age of Wars: World may head into a new n-arms race, says SIPRI

June 16, 2025 revoi editor

Virendra Pandit New Delhi: With as many as nine nuclear-armed countries building even bigger nuclear bombs and longer-range delivery missile systems, the world is becoming increasingly unstable and may head into a new nuclear arms race, the Stockholm International Peace Research Institute’s (SIPRI) Yearbook said on Monday. Despite the wishes of humanity, the […]

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Roving Periscope: “If Israel nukes Iran, Pakistan will nuke Israel!”

June 16, 2025 revoi editor

Virendra Pandit New Delhi: Amid volatile situation worsening by the hour in the Middle East, Iran has warned Israel that Pakistan will attack the Jewish state with nuclear weapons if Tel Aviv did likewise in Tehran, the media reported on Monday. Interestingly, this “warning” came five weeks after New Delhi effectively called Islamabad’s own […]

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India Inc’s operating profit margins likely to rise to 18.5% in Q1 FY26: ICRA report

June 16, 2025 revoi editor

India Inc’s operating profit margins are expected to rise by 10 to 40 basis points to 18.2–18.5% in the first quarter (April–June) of FY2026, continuing the sequential recovery seen over the past few quarters, according to a report released by rating agency ICRA on Monday. “This, coupled with a moderation in interest costs due to […]

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Adani’s Haifa port unaffected by Iranian missile strikes, operations normal: sources

June 15, 2025 revoi editor

Jerusalem, June 15 : Indian billionaire Gautam Adani-led group’s Haifa port in Israel was unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered, sources said. Late on Saturday night, Iran targeted Israel’s Haifa port and a nearby oil refinery in response to Tel Avi’s attack on Iranian nuclear and other targets earlier […]

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G-7: PM Modi to attend the Summit in Canada, also visit Croatia and Cyprus

June 14, 2025 revoi editor

Virendra Pandit New Delhi: During his first foreign journey after the launch of Operation Sindoor in May, Prime Minister Narendra Modi will attend the G-7 Summit in Canada and visit Croatia and Cyprus from June 15 to 19, the media reported on Sunday. This will be the first-ever visit by an Indian Prime Minister […]

Business

Roving Periscope: The US “uninvites” Munir to 250th Army Parade, Trump’s 79th b’day!

June 14, 2025 revoi editor

Virendra Pandit New Delhi: Amid a fast-changing geopolitical scenario and a severe backlash in India and the world outside, the US on Saturday hurriedly “clarified” that it has not invited discredited Pakistan Army chief Asim Munir as a guest of honor to the 250th Army Parade in Washington on June 14, which President Donald […]

Business

Trump making millions from crypto and golf clubs

June 14, 2025 revoi editor

New Delhi: US President Donald Trump filed his financial disclosure report of the term on Friday, which reveals his assets, including income from Family and cryptocurrencies, as reported. According to the report, Trump reported $57.35 million in income from token sales at World Liberty Financial, a crypto firm. He also disclosed ownership of 15.75 billion […]