Business

Business

‘In-house enemies:’ Ahead of Trump visit, China sentences two defence ministers to death!

May 7, 2026 revoi editor

Virendra Pandit   New Delhi: Ahead of US President Donald Trump’s scheduled visit next week to China, Beijing has sentenced two former defence ministers to ‘suspended’ death sentences on alleged corruption charges, the media reported on Thursday. A military court on Thursday sentenced Wei Fenghe and Li Shangfu to death with a two-year reprieve. This […]

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Roving Periscope: Trump to meet ‘frenemy’ Xi next week in Beijing—with little expectations

May 7, 2026 revoi editor

Virendra Pandit   New Delhi: Amid the ongoing geopolitical circus in West Asia, the US imposing huge tariffs on China last year and blockading the Strait of Hormuz chiefly to halt the flow of Iranian oil to China recently, pulling Islamabad away from Beijing, and the Taiwan tensions, President Donald Trump will meet his Chinese […]

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India’s Real Estate Sector Projected to Touch USD 5.8 Trillion by 2047: FICCI-KPMG Report

May 7, 2026 revoi editor

New Delhi: India’s real estate market is projected to expand nearly nine-fold to USD 5.8 trillion by 2047 from USD 650 billion in 2025, while artificial intelligence adoption in the corporate real estate sector has surged to 91 per cent in 2025 from less than 5 per cent in 2023, according to a joint report […]

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Gold and silver surge up to 1 per cent amid geopolitical uncertainty

May 7, 2026 revoi editor

Mumbai: Gold and silver prices traded higher on Thursday, with prices rising by up to 1 per cent amid a rise in crude oil prices and uncertainty surrounding the US-Iran peace deal. On the Multi Commodity Exchange (MCX), gold futures (June 5) traded at an intraday high of Rs 1,52,887, up 0.49 per cent or […]

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Sensex, Nifty open higher as falling crude, easing geopolitical tension boost market sentiment

May 7, 2026 revoi editor

New Delhi: Indian markets continued their green streak at the opening bell on Thursday, aided by falling crude oil prices, improved global risk sentiment, hopes of easing geopolitical tensions, and strong domestic liquidity absorption by Domestic Institutional Investor (DIIs). Domestic benchmarks traded with modest gains during the early session. The SENSEX stood at 78,033.90 points, […]

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Incubators are key pillar of successful startup ecosystem: NITI Aayog

May 7, 2026 revoi editor

New Delhi: Incubators are one of the key pillars of a successful startup ecosystem, playing a vital role in nurturing and scaling innovative ideas, said Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Aayog. At the Atal Innovation Mission (AIM), “we are focused on strengthening this pillar by enabling incubators with better infrastructure, mentorship, funding […]

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Global stocks hit records on tech earnings, oil slide from prospect of Iran deal

May 7, 2026 revoi editor

New Delhi: Stocks surged to fresh records and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end their war, while momentum in AI-driven trades accelerated. Brent crude, the global benchmark, initially plunged to just below $100 per barrel, its lowest in two […]

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India’s GCC revenue to hit USD 98.4 billion by FY26E: Report

May 6, 2026 revoi editor

New Delhi: The Global Capability Centre (GCC) ecosystem in India is projected to reach a market revenue of USD 98.4 billion by the end of fiscal year 2026 (FY26E). This expansion reflects a significant structural shift as these centers move from being traditional delivery engines to becoming the central nerve centers for global enterprises. According […]

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India, EU launch €15.2 million initiative to boost EV battery recycling and circular economy

May 6, 2026 revoi editor

New Delhi: India and the European Union (EU) have jointly launched a €15.2 million (approximately ₹169 crore) initiative to strengthen electric vehicle (EV) battery recycling and promote a circular economy, marking a significant step in their growing partnership on clean and green technologies. The initiative, announced under the framework of the India-EU Trade and Technology […]

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Apple settles lawsuit over late Siri AI features for $250 million

May 6, 2026 revoi editor

New Delhi: Apple on Tuesday settled for $250 million a shareholder lawsuit brought after the company delayed artificial-intelligence upgrades to its Siri voice assistant. The lawsuit, filed by Peter Landsheft in U.S. federal court in California in 2024, arose after the iPhone maker announced – and started running advertisements for – a bevy of AI […]

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