Business

Business

China’s Manufacturing Sector Shrinks in May Report :

June 3, 2025 revoi editor

New Delhi : The Chinese manufacturing centre felt shocking in the month of May, according to the data from private purchasing managers on Tuesday, due to the increased pressure of US tariffs. The Caixin Manufacturing PMI slid to 48.3 in May against expectations of 50.8, while falling sharply from the 50.4 seen in the prior […]

Business

98% of ₹2000 banknotes returned to banks: RBI

June 3, 2025 revoi editor

The Reserve Bank of India (RBI) provided an update on the status of ₹2000 denomination banknotes on Monday, confirming that 98.26% of these notes have been returned to the banking system since their withdrawal from circulation was announced in May 2023. As per the RBI, the total value of ₹2000 notes in circulation stood at […]

Business

French energy giant TotalEnergies reaffirms support for Adani Green’s expansion in India

June 2, 2025 revoi editor

Paris [France], 2 June : TotalEnergies is “committed to continue to support the expansion of Adani Green,” Patrick Pouyanné, Chairman and CEO of the French energy giant, said on Monday. With Adani Green Energy Limited (AGEL )’s current capacity of 14 gigawatts and plans for continued expansion, the partnership with TotalEnergies is expected to play […]

Business

Op. Sindoor: CDS Chauhan warns Pak general of the ‘red line’ at Shangri-La

June 2, 2025 revoi editor

Virendra Pandit New Delhi: Nearly 20 days after Pakistan’s panicked Director-General of Military Operations (DGMO) requested his Indian counterpart to stop cross-firing in the ongoing Operation Sindoor, India’s Chief of Defense Staff (CDS) General Anil Chauhan warned a Pakistani general about the ‘red line’ on Sunday in Singapore. According to the media reports, CDS […]

Business

Telangana aims to become $3 trillion economy by 2047: CM Revanth Reddy

June 2, 2025 revoi editor

New Delhi: Telangana is working to become a $3 trillion economy by 2047, as the country aspires to achieve $30 trillion by then, Chief Minister A. Revanth Reddy said here on Monday. Speaking at the Telangana Formation Day celebrations , Reddy said the state government hopes to contribute 10 per percent to the national GDP […]

Business

Torrent Power Ltd set to procure LNG from BP Singapore Pte. Limited

June 2, 2025 revoi editor

Torrent Power Ltd (TPL) has signed a long-term Sales and Purchase Agreement (SPA) with BP Singapore Pte. Limited, a subsidiary of global integrated energy company bp, for supply of up to 0.41 MMTPA of LNG from 2027 to 2036. The LNG procured under this agreement will be strategically utilized by TPL, including to operate its […]

Business

Roving Periscope: Ahead of ‘peace talks’ Ukraine traps Russia in Op. Spider’s Web

June 2, 2025 revoi editor

Virendra Pandit New Delhi: To get a bargaining chip on the eve of the second round of ‘peace talks’ in Turkey, Ukraine on Sunday launched a massive drone attack on Russia, claiming to destroying USD 7 billion worth of its aircraft, representing 34 percent of Moscow’s bomber fleet, the media reported. In a post […]

Business

GIFT Nifty hits record $102.35 billion turnover in May

June 2, 2025 revoi editor

GIFT Nifty recorded its highest-ever monthly turnover of $102.35 billion (₹8,75,098 crore) with 2.10 million contracts traded in May, the National Stock Exchange (NSE) announced on Sunday. Marking a new milestone, GIFT Nifty continues to establish itself as a benchmark in India’s equity market growth story. This achievement surpasses its previous record of $100.93 billion […]

Business

“Will negotiate a fair balance,” Piyush Goyal optimistic of wrapping up FTA with EU by year end

June 2, 2025 revoi editor

Commerce and Industry Minister Piyush Goyal expressed optimism that India could finalise its Free Trade Agreement (FTA) with the European Union (EU) ahead of the year-end deadline, citing minimal divergences between the two economic blocs. Goyal emphasised the complementary nature of the Indian and European economies. “There are not too many issues where we have […]

Business

Roving Periscope: Fake news wasted the Army’s 15% time in Operation Sindoor

May 31, 2025 revoi editor

Virendra Pandit New Delhi: The Indian Armed Forces lost at least 15 percent of their precious time tackling the flood of fake news during Operation Sindoor early this month, Chief of Defense Staff (CDS) General Anil Chauhan said. Highlighting the significant challenge posed by misinformation and disinformation during the Operation, he revealed that approximately […]