Business

Business

East Pakistan: Hasina man and ex-President Hamid, 81, flees to Bangkok in a lungi!

May 13, 2025 revoi editor

Virendra Pandit New Delhi: Days after Dhaka banned the Awami League, former President Muhammed Abdul Hamid fled Bangladesh in the wee hours last week to Bangkok, Thailand, sitting in a wheelchair and clad in a lungi, the media reported on Tuesday. Hamid, 81, was the 16th President of Bangladesh for two terms between 2013 […]

Business

Op Sindoor: PM Modi debunks Pak claim on S-400; troops kill 3 terrorists in J&K

May 13, 2025 revoi editor

Virendra Pandit New Delhi: Despite Prime Minister Narendra Modi’s fresh warning to Pakistan on Tuesday that any more spilling of Indians’ blood will call for its destruction, the Islamabad-sponsored terrorists intruded at Shopian in Jammu and Kashmir, only to get killed by the alert armed forces. A day after addressing the nation on Monday […]

Business

Automobile: Nissan cuts 15% of the global workforce

May 13, 2025 revoi editor

New Delhi: Facing huge losses this year, Japanese multinational automaker Nissan is reducing 15 percent of its total workforce of nearly 20,000 employees, the media reported on Tuesday. The company has faced a vehicle sales drop in China. Nissan Motor Corp. stated that they will reduce the number of auto plants from 17 to 10 […]

Business

Roving Periscope: India punctures Trump claim for the May 10 ‘ceasefire’

May 13, 2025 revoi editor

Virendra Pandit New Delhi: India on Tuesday denied US President Donald Trump’s suggestion that he used trade as a tool to secure a ‘truce’ between India and Pakistan on Saturday last week (May 10), according to the media reports. In his address to the nation on Monday evening, Prime Minister Narendra Modi asserted that […]

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Maldives thanks India for offering $50 million financial support

May 13, 2025 revoi editor

Maldives, on Monday, expressed gratitude to India for offering a government treasury bill of $50 million, which has supported the island nation in its fiscal reform efforts towards economic stability. Maldivian Foreign Minister Abdulla Khaleel thanked External Affairs Minister (EAM) S. Jaishankar and the Indian government for offering the timely financial assistance. “I express my […]

Business

Indian markets open in negative, experts say will remain volatile

May 13, 2025 revoi editor

Indian equities opened on a tepid note on Tuesday, following a strong rally witnessed in the previous session. The early weakness was attributed to profit booking as the markets attempted to stabilise recent gains. However, the indices soon pared losses and turned positive, reflecting underlying investor confidence. The benchmark indices started marginally lower, with the […]

Business

Malaysia: Employment boom amid investment surge

May 12, 2025 revoi editor

New Delhi: Malaysia’s job market is buzzing as the recorded investment soared to 76 billion ringgits in the first quarter of this year. This surge in investment means that Malaysia’s labour market is showing resilience, with job numbers increasing by 44,500 in March 2025, reflecting a promising 0.3 per percent growth to 16.8 million, the […]

Business

Roving Periscope: Blinking together, the US and China slash tariffs for 90 days

May 12, 2025 revoi editor

Virendra Pandit New Delhi: After a lot of fire and brimstone they spewed against each other for weeks, the US and China blinked together at Geneva, Switzerland, on Sunday and agreed to slash reciprocal tariffs by 115 percent for 90 days, soaring investors’ sentiments around the world markets for the time being. During this […]

Business

Markets: Sensex, Nifty zoom over 3% in their best performance in 4 years

May 12, 2025 revoi editor

Virendra Pandit New Delhi: With a thaw in the ongoing US-China trade talks and the ‘ceasefire’ between India and Pakistan, the benchmark Indian equity indices, BSE Sensex and NSE Nifty50, logged their biggest intraday gains in the last four years on Monday. The Dalal Street investors celebrated the suspension of hostilities between India and […]

Business

Indian economy has potential to surpass China in near future: Jim Rogers

May 12, 2025 revoi editor

India is poised to become one of the most exciting investment destinations in the world and may even outperform China in the coming years, according to ace investor Jim Rogers. In an interaction with IANS, Rogers said, “I have been around the investment world for decades, and for the first time in my life, I […]