Business

Business

Kremlin says Russia can do business with US if it stops linking trade to Ukraine

May 13, 2026 revoi editor

New Delhi: Russia is interested in joint economic projects with the United States if Washington stops linking trade ties with a peace deal on Ukraine, the Kremlin said on Wednesday. In his daily briefing call with reporters, Kremlin spokesman Dmitry Peskov also reiterated tough terms for ending the war, which President Vladimir Putin set out […]

Business

Uber partners with Adani Group to set up first data centre in India

May 13, 2026 revoi editor

New Delhi: Ride-hailing platform Uber has partnered with Adani Group to establish its first data centre in India, marking a major expansion of the company’s technology and innovation presence in the country. Uber Chief Executive Officer Dara Khosrowshahi announced the development on Wednesday following his meeting with Adani Group Chairman Gautam Adani in Ahmedabad. Khosrowshahi said the partnership builds on Uber’s existing collaboration […]

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Bullion: To ease pressure on forex, India hikes tariffs on gold, silver to 15%

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Barely 24 hours after Prime Minister Narendra Modi appealed to the people, twice, to postpone gold buying for a year, the Union Finance Ministry raised import duty on precious metals by 15 percent, effective Wednesday, the media reported. According to a government notification, import duty on gold and silver has […]

Business

Air India rationalises international flight network till August amid airspace curbs, high fuel costs

May 13, 2026 revoi editor

New Delhi: Air India on Wednesday announced a temporary rationalisation of its international flight network between June and August, citing continued airspace restrictions over certain regions and record-high jet fuel prices affecting international operations. The airline said the adjustments have been introduced to improve operational stability and minimise last-minute inconvenience to passengers amid the challenging […]

Business

Sensex, Nifty end volatile session marginally higher led by metal stocks

May 13, 2026 revoi editor

New Delhi: Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside. The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day […]

Business

Energy: India to launch a Rs. 37.5k crore coal gasification plan

May 13, 2026 revoi editor

Virendra Pandit New Delhi: In the backdrop of the global energy crisis, the Union Cabinet on Wednesday approved a Rs. 37,500-crore incentive scheme to promote coal gasification projects, aimed at boosting clean energy production and reducing dependence on forex-guzzling imports, the media reported. “An outlay of Rs 37,500 crore has been kept for this […]

Business

Triplicity: How Pakistan tricked the US, the Saudis, and Iran, but lost to the UAE?

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Even after its near bankruptcy, zero credibility, and military-terror diarchy, Pakistan lost none of its cunningness and exhibited its triplicity to the US, Saudi Arabia, and even Iran during the ongoing West Asian crisis, the media reported. But Islamabad lost the game to the UAE which forced it to repay […]

Business

Roving Periscope: Ahead of the Trump-Xi Summit, China draws “Four Redlines”

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Ahead of US President Donald Trump’s two-day China visit, beginning Wednesday, Beijing has reiterated its position on key issues in bilateral relations with Washington, drawing “four redlines” in bilateral relations that must not be challenged during the superpower summit this week, the media reported. According to the Chinese Embassy in […]

S. Jaishankar x Francisco Perez Mackenna

Business

EAM Jaishankar meets Chilean counterpart Mackenna, discusses boosting ties in trade and services

May 13, 2026 revoi editor

New Delhi: External Affairs Minister S. Jaishankar and his Chilean counterpart Francisco Perez Mackenna on Wednesday held wide-ranging talks in New Delhi aimed at strengthening bilateral cooperation across various sectors. Following the meeting, Jaishankar said the two sides discussed ways to diversify markets and sourcing, promote exports and expand cooperation in the services sector. “Delighted […]

Business

US tariff whiplash pushed toy factory in China to brink of collapse

May 13, 2026 revoi editor

New Delhi: Had the United States kept tariffs on Chinese imports at triple digits for just one more day last year, Huntar Company would have collapsed, said David Cheung, who runs the family-owned toy maker with his brother Jason. When Washington and Beijing reached a trade truce in Geneva on May 12 last year, rolling […]