Business

Business

Development: ADB to provide $4.5 bn loan to India annually

May 31, 2025 revoi editor

Virendra Pandit New Delhi: Asian Development Bank (ADB) President Masato Kanda on Friday said the multilateral funding agency is ready to provide up to USD 4.5 billion sovereign lending to India each year, the media reported. “Yesterday I met Finance Minister Nirmala Sitharaman in New Delhi to deepen ADB’s partnership with India and advance […]

Business

Gautam Adani congratulated the first female NDA cadets

May 31, 2025 revoi editor

Adani Group Chairman Gautam Adani posted on X and said, Proof. Precedent. Possibility. Congratulations to all the first women NDA cadets as they start their march forward. They carry not just dreams but a nation’s resolve. The path is new. The message is timeless. Jai Hind. https://x.com/gautam_adani/status/1928697800138600943

Business

Myntra creates over 200,000 jobs and employment opportunities.

May 30, 2025 revoi editor

New Delhi : The famous fashion and lifestyle e-commerce platform creates employment opportunities for gig workers, and the figure amounts to 200,000. Myntra’s End of Reason Sale begins this Saturday. There are various roles, which include logistics, customer service, and last-mile delivery operations, to meet the expected surge in demand. The hiring includes approximately 4,500 […]

Business

Bangladesh: Japan to give $1.06 bn support, recruit 100,000 workers in 5 years

May 30, 2025 revoi editor

Virendra Pandit New Delhi: Trying to undercut China’s influence in Bangladesh, Japan has said it would give USD 1.063 billion budgetary support to Dhaka, and also recruit 100,000 Bangladeshi workers over the next five years, the media reported on Friday. The aid package includes USD 418 million as a development policy loan to Bangladesh […]

Business

Economy: India’s GDP grew by 6.5% in FY25; 7.4% in Q4FY25

May 30, 2025 revoi editor

Virendra Pandit New Delhi: India’s economy grew by 6.5 percent in 2024-25, down from 9.2 percent in the previous fiscal, the government data released on Friday said. India’s real gross domestic product (GDP) growth for the fourth quarter (Q4) of financial year 2024-25 (FY25) stood at 7.4 percent, according to data released by the […]

Business

Roving Periscope: As Tharoor slams Pak on IWT, Munir warns water is a ‘red line’

May 30, 2025 revoi editor

Virendra Pandit New Delhi: A day before India conducts the second round of Operation Shield (mock drills) on Saturday in the states bordering Pakistan, as part of preparations during the ongoing Operation Sindoor, Congress MP Shashi Tharoor slammed Islamabad for betraying India’s goodwill on the Indus Water Treaty (IWT) with state-sponsored terror. The media […]

Business

Adani Ports taps its Largest Ever Domestic bond – 5,000 crore 15-year NCD

May 30, 2025 revoi editor

Ahmedabad, 30 May 2025: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has successfully raised INR 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a ‘AAA/Stable’ domestic credit rating, the issue locked in a competitive coupon rate of 7.75% p.a. and was fully subscribed by […]

Business

Indian stock market opens flat amid stable institutional investments

May 30, 2025 revoi editor

ndian benchmark indices opened on a flat note on Friday, tracking weak cues from Asian markets and early pressure in IT and auto stocks. Analysts suggest the market is likely to remain in a consolidation phase in the near term due to the absence of strong positive triggers. At 9:29 a.m., the Sensex was marginally […]

Business

Foreign Secretary Vikram Misri meets business leaders in US, focuses on tech and trade cooperation

May 30, 2025 revoi editor

Indian Foreign Secretary Vikram Misri and Deputy National Security Advisor Pavan Kapoor met with leading U.S. business executives during a roundtable hosted by the U.S.-India Strategic Partnership Forum (USISPF) on Thursday, focusing on bolstering bilateral cooperation in key sectors. The Indian Embassy in Washington, D.C., described the discussions as “engaging.” “They emphasized the importance of […]

Business

Op. Sindoor: Trump claims trade offer led to ‘ceasefire’ between India, Pak!

May 29, 2025 revoi editor

Virendra Pandit New Delhi: Although Donald Trump has publicly lamented that no one was giving him the credit for the ‘ceasefire’ between India and Pakistan, his administration insists that the cross-border firing earlier this month ended only after the US President offered the two neighbours trade benefits. Interestingly, the Trump administration is now using […]