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Business

Indian stock market opens lower amid mixed global cues

May 16, 2025 revoi editor

The domestic benchmark indices opened lower on Friday amid mixed global cues, with selling pressure seen in the IT, financial services, and pharma sectors during early trade. At around 9:29 a.m., the Sensex was trading 231.64 points, or 0.28 percent, lower at 82,299.10, while the Nifty declined 49.95 points, or 0.20 percent, to 25,012.15. The […]

Business

DragonPass customers will no longer have access to lounges at Adani-managed airports: Adani Airport Holdings

May 16, 2025 revoi editor

A spokesperson for Adani Airport Holdings said, Our association with DragonPass, which provided access to airport lounges, has been terminated with immediate effect. DragonPass customers will no longer have access to lounges at Adani-managed airports. This change will have no impact on the airport lounge and travel experience for other customers.

Business

Pakistan: India to have strictly bilateral relations, asserts EAM Jaishankar

May 15, 2025 revoi editor

Virendra Pandit New Delhi: Amid US President Donald Trump’s multiple attempts to take credit for ‘brokering’ peace between India and Pakistan and offers to mediate in the Jammu and Kashmir matter, External Affairs Minister S. Jaishankar on Thursday reiterated that New Delhi’s relations and dealings with Islamabad will be “strictly bilateral,” which is a […]

Business

Roving Periscope: India-Pak hostilities ‘settled,’ claims Trump

May 15, 2025 revoi editor

Virendra Pandit New Delhi: He surely knows how to lose friends and make enemies! Nobody knows who his friend or foe will be the next day! Two days after Prime Minister Narendra Modi announced that Operation Sindoor continues—only the cross-firing has been temporarily suspended—the highly controversial US President Donald Trump claimed on Thursday that […]

Business

Sensex, Nifty open lower on mixed global cues

May 15, 2025 revoi editor

India’s benchmark indices opened in the red on Thursday, with selling pressure seen in heavyweight stocks such as Power Grid, Kotak Mahindra Bank, and Sun Pharma. At 9:26 am, the Sensex was down 208 points, or 0.26 percent, at 81,122, while the Nifty declined by 54 points, or 0.22 percent, to 24,612. Buying was seen […]

Business

Torrent Power FY 2024-25 net profit up by 63%

May 14, 2025 revoi editor

Ahmedabad, May 14, 2025: Torrent Power Limited (the “Company”) today announced financial results for the fourth quarter and year ended March 31, 2025. Company’s TCI (net profit) for the year 2024-25 was ₹ 3,059 crs; increased of ₹ 1,177 Crores over the previous year. The major reasons for higher TCI for the year are: Increase in […]

Business

US President Trump, Saudi Crown Prince sign $142 billion arms deal

May 14, 2025 revoi editor

US President Donald Trump and Saudi Crown Prince Mohammed bin Salman signed a wide-ranging strategic economic partnership agreement in Jeddah yesterday. The deal covers multiple sectors, including a huge arms deal worth nearly 142 billion dollars. Agreements also include significant Saudi investments in artificial intelligence, energy production, and healthcare. President Trump began a four-day tour […]

Business

Canada: Indian-origin leader Anita Anand named Foreign Minister

May 14, 2025 revoi editor

Virendra Pandit New Delhi: Newly-elected Prime Minister Mark Carney has nominated Indian-origin Liberal leader Anita Anand as his Foreign Minister, potentially improving relations with India, the media reported on Wednesday. Carney, who replaced Justin Trudeau earlier this year and won snap parliamentary election in April, named Anand, a former defense minister, in place of […]

Business

Roving Periscope: Undeterred, Trump parrots ‘ceasefire’ credit for a 5th time!

May 14, 2025 revoi editor

Virendra Pandit New Delhi: Even after being trolled worldwide for his false claims that he got India and Pakistan to stop cross-firing, a boastful Donald Trump reiterated it a fifth time, ostensibly to impress his supporters at home where he has earned the dubious distinction of becoming the most unpopular US President-ever within three […]

Business

Fake news: After blocking the Pakistanis’ accounts, India blocks Global Times, too

May 14, 2025 revoi editor

Virendra Pandit New Delhi: For spreading fake news, India on Wednesday blocked the X account of China’s official mouthpiece Global Times, shortly after it falsely reported that Pakistan shot down an Indian fighter jet—claims the Indian Embassy in Beijing quickly dismissed as baseless. India has withheld the X (formerly Twitter) account of Chinese state-run […]