Business

Business

Bangladesh resolves Adani’s power purchase pact, payment concerns

July 1, 2025 revoi editor

New Delhi, Jul 1, Bangladesh made its single largest payment of USD 437 million in June, clearing pending dues, including carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate’s asset as a reliable and cost-competitive power source for meeting the country’s growing energy needs, sources said. Bangladesh is now regular […]

Read more

Business

Syria: Trump lifts US sanctions, legitimizes ‘terrorists’ govt

July 1, 2025 revoi editor

Virendra Pandit   New Delhi: Chasing his dream to become a Nobel Peace Laureate, President Donald Trump signed an executive order on Monday ending US sanctions on Syria, following through on his promise to do so. With this, Washington has ‘legitimized’ the interim government led by Ahmed al-Sharaa, former anti-Iran Sunni terrorist whom Trump met […]

Read more

Business

Roving Periscope: In S-2, Trump threatens, Musk dares; more fireworks likely

July 1, 2025 revoi editor

Virendra Pandit   New Delhi: Frenemies, they are irrepressible, and can bounce back when their foes believe they are finished. They found each other in 2024 when Donald Trump campaigned for a second term in the White House, and Elon Musk shifted allegiance from the Democrats to the Republicans and promptly donated USD 288 million […]

Read more

Business

Adani Logistics Unleashes Efficiency: First Double Stack Rake Between ICD Tumb and ICD Patli Set to Transform Vapi–Haryana Freight Corridor

July 1, 2025 revoi editor

In a major leap toward redefining freight mobility, Adani Logistics Ltd (ALL) has launched its first double stack rake service, connecting inland container depot (ICD) Tumb in Vapi (Gujarat) to ICD Patli in Haryana. This marks a significant milestone in India’s journey toward high-efficiency, sustainable logistics — and positions Adani Logistics at the forefront of multimodal infrastructure innovation. The double stack […]

Read more

Business

Health: Trump’s USAID cuts may cause 14 million more deaths by 2030

July 1, 2025 revoi editor

Virendra Pandit   New Delhi: President Donald Trump’s controversial move to cut most of the US’ funding towards foreign humanitarian aid through the USAID could cause more than 14 million additional deaths by 2030, according to research published in The Lancet medical journal. A third of those at risk of premature deaths were children, researchers […]

Read more

Business

Roving Periscope: China, Pak plot a new SAARC-like outfit, exclude India

June 30, 2025 revoi editor

Virendra Pandit   New Delhi: It was expected for a long time. When China started debt-trapping and subtly ‘colonizing’ Pakistan, Bangladesh, Sri Lanka and Nepal, India became aware that the Dragon was plotting to sabotage the very spirit—regional cooperation—in the South Asian Association for Regional Cooperation (SAARC) and replace it with an outfit packed with […]

Read more

Business

Amit Shah inaugurates National Turmeric Board headquarters in Telangana, promises major boost to farmers and exports

June 30, 2025 revoi editor

In a major boost to India’s turmeric farming sector, Union Home Minister and Minister of Cooperation Amit Shah on Sunday inaugurated the headquarters of the National Turmeric Board in Nizamabad, Telangana. The inauguration ceremony was attended by Union Minister of Coal and Mines G. Kishan Reddy, Minister of State for Home Bandi Sanjay Kumar, and […]

Read more

Business

China’s weak factory activity maintains pressure for more stimulus as tariff risks weigh

June 30, 2025 revoi editor

China’s manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders, purchasing volumes, and supplier delivery times signalled that policy support rolled out since late last year is taking effect. But business sentiment remains subdued, Monday’s survey showed, with employment, factory gate prices, and new […]

Read more

Business

Indian stock market opens flat; Sensex holds above 84,000 mark

June 30, 2025 revoi editor

The Indian stock market opened on a steady note on Monday, with benchmark indices trading flat amid positive global cues and selective buying in PSU bank and IT stocks. At around 9:27 am, the BSE Sensex was marginally higher by 1.35 points at 84,057.55, while the NSE Nifty gained 6.50 points, or 0.03 per cent, […]

Read more

Business

Adani Green Energy Sets Record with Over 15,000 MW of Installed Renewable Energy Capacity; India’s Largest

June 30, 2025 revoi editor

Ahmedabad, 30 June 2025: Adani Green Energy Limited (AGEL), India’s largest renewable energy company, has achieved a significant milestone by surpassing 15,000 megawatts (MW) of operational capacity, specifically reaching 15,539.9 MW. This accomplishment marks the fastest and largest capacity addition in India to date. The operational portfolio includes ~11,005.5 MW of solar, ~1,977.8 MW of […]

Read more