Business

Business

The Divided States: Internet urges Modi for “ceasefire” as Trump, Musk spar in public!

June 6, 2025 revoi editor

Virendra Pandit New Delhi: The Internet was flooded on Friday with social media users requesting Prime Minister Narendra Modi to announce a ‘ceasefire’ between warring US President Donald Trump and his estranged billionaire-funder Elon Musk who have been firing on all cylinders this week, making the world puzzled and the markets panicking. Their memes […]

Business

Markets: With RBI’s significant rate-cut, Sensex, Nifty up 1%

June 6, 2025 revoi editor

Virendra Pandit New Delhi: India’s benchmark equity indices surged on Friday after the RBI cut interest rates by more-than-expected 50 basis points — a third consecutive reduction — and reduced the cash reserve ratio (CRR) for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all […]

Business

Roving Periscope: Now, Russia pounds “almost all of Ukraine” with missiles

June 6, 2025 revoi editor

Virendra Pandit New Delhi: Five days after Ukraine stunned Russia, and the world, with a low-cost destruction of a third of Russian Air Force assets merely by using drones from 4,500 km, Moscow’s missile attack on Friday left Ukrainian President Volodomyr Zelenskyy admitting that “almost all of Ukraine” came under fireballs. Europe’s deadliest war […]

Business

India launches ‘Ayush Nivesh Saarthi’ portal to boost investment in traditional medicine

June 6, 2025 revoi editor

In a landmark initiative to position India as a global hub for traditional medicine and wellness, the Government of India unveiled the ‘Ayush Nivesh Saarthi’ portal on May 29, 2025, during the Ayush Stakeholder/Industry Interaction Meet at Vanijya Bhawan, New Delhi. The portal was jointly launched by Union Minister of Commerce & Industry Piyush Goyal […]

Business

PM Modi to visit J&K today to launch ₹46,000 crore infra projects, inaugurate world’s highest rail bridge

June 6, 2025 revoi editor

Prime Minister Narendra Modi will visit Jammu and Kashmir today to inaugurate several key infrastructure projects worth ₹46,000 crore. These initiatives aim to significantly boost road and rail connectivity across the Union Territory, with a focus on improving accessibility, promoting tourism, and generating employment. In a post on X, PM Modi responded to J&K Chief […]

Business

Sensex, Nifty open flat ahead of RBI’s monetary policy decision

June 6, 2025 revoi editor

Domestic equity markets opened on a cautious note Friday, with benchmark indices trading flat ahead of the Reserve Bank of India’s monetary policy announcement. Investor sentiment remained subdued, even as select buying was observed in IT and PSU bank stocks during early trade. At around 9:23 a.m., the BSE Sensex was down by 82.43 points, […]

Business

Musk-Trump breakup puts $22 billion of SpaceX contracts at risk, jolting US space program

June 6, 2025 revoi editor

About $22 billion of SpaceX’s government contracts are at risk, and multiple U.S. space programs could face dramatic changes in the fallout from Elon Musk and President Donald Trump’s explosive feud on Thursday. The disagreement, rooted in Musk’s criticism of Trump’s tax-cut and spending legislation that began last week, quickly spiralled out of control. Trump […]

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Business

Op. Sindoor: Group of US lawmakers support India’s right to retaliate

June 5, 2025 revoi editor

Virendra Pandit New Delhi: A group of US lawmakers has strongly condemned the April 22 massacre of 26 Hindu-only tourists at Pahalgam, Jammu and Kashmir, and supported India’s right to self-defense and retaliate, as they invoked a shared commitment to zero tolerance against terrorism. At a high-level meeting in Washington with the visiting all-party […]

Business

Roving Periscope: Tharoor invokes Hillary, reminds Bilawal of Benazir’s killing

June 5, 2025 revoi editor

Virendra Pandit New Delhi: In the last leg of his diplomatic tour of the Americas, former diplomat and Congress MP Shashi Tharoor reminded Pakistan of Hillary Clinton’s warning and PPP Chairman Bilawal Bhutto Zardari how the terror snakes are biting their own nation and how Benazir Bhutto was gunned down by terrorists her son […]

Business

Adani Group contributes ₹74,945 crore tax in FY25

June 5, 2025 revoi editor

Ahmedabad, June : For fiscal year 2025, the Adani Group’s total contribution to the exchequer increased by 29 percent to ₹74,945 crore, from ₹58,104 crore in FY 2023–24, through its portfolio of listed entities. Of the total contribution of ₹74,945 crore, direct contributions stood at ₹28,720 crore, indirect contributions stood at ₹45,407 crore, while other contributions […]