Business

Business

Tit-for-tat: India bans import of all Pakistan-originated goods, stops shipping

May 3, 2025 revoi editor

Virendra Pandit New Delhi: Tightening the noose around Islamabad’s neck, India on Saturday banned the import of all Pakistan-originated goods with immediate effect, the media reported. The Directorate-General of Foreign Trade (DGFT) said the ban will take effect immediately, as per a May 2 notification. “This restriction is imposed in the interest of national […]

Business

Roving Periscope: Now, India has two Pakistan-s on its flanks

May 3, 2025 revoi editor

Virendra Pandit New Delhi: On a day India suspended the exchange of all mail and parcel services with Islamabad through air and surface routes, it emerged that “East Pakistan” (also known as Bangladesh!) fully supports its erstwhile tormentor “West Pakistan” and has even threatened to occupy northeastern India if New Delhi attacked Islamabad. Major-General […]

Business

PM Modi re-launches Amaravati capital works

May 3, 2025 revoi editor

Prime Minister Narendra Modi relaunched Amaravati development works at a massive public meeting on Friday, nearly 10 years after he laid the foundation stone for the new Andhra Pradesh capital. He pressed a button to formally lay the foundation stone for 74 projects worth Rs 49,040 crore in the presence of Governor S. Abdul Nazeer, […]

Business

India and Denmark renew energy partnership to boost clean energy goals

May 3, 2025 revoi editor

India and Denmark have strengthened their commitment to sustainable energy by signing a renewed Memorandum of Understanding (MoU) on Friday, aimed at advancing clean energy initiatives and supporting India’s ambitious target of achieving net-zero emissions by 2070. The agreement was formalised by Pankaj Agarwal, Secretary of the Ministry of Power, Government of India, and Rasmus […]

Business

Roving Periscope: Now, Trump blocks federal funding for “biased” public radios

May 2, 2025 revoi editor

Virendra Pandit New Delhi: With the world focused on his actions and forensic scrutiny by the media, US President Donald Trump has blocked all federal funding the American public media outlets—PBS and NPR—which he considers are “biased.” In an executive order he signed on Thursday, he alleged that the two organizations—the Public Broadcasting Service […]

Business

Jugular Vein: Post-Pahalgam massacre, India asks IMF to review Pak loans

May 2, 2025 revoi editor

Virendra Pandit New Delhi: A week before the Pahalgam massacre, when Pakistan Army chief Asim Munir reinvoked Muhammed Ali Jinnah’s” Two Nation Theory”, and said that Jammu and Kashmir was Islamabad’s ‘jugular vein,’ he may not have realized that he inadvertently gave India a clue: that International Monetary Fund (IMF) was, in fact, Pakistan’s […]

Business

Narendra Modi dedicates Vizhinjam International Seaport in Kerala worth ₹8,800 crore to the nation

May 2, 2025 revoi editor

Prime Minister Narendra Modi dedicated Vizhinjam International Deepwater Multipurpose Seaport worth Rs 8,800 crore to the nation today in Thiruvananthapuram, Kerala. Addressing the gathering on the auspicious occasion of the birth anniversary of Bhagwan Adi Shankaracharya, the Prime Minister highlighted that three years ago, in September, he had the privilege of visiting the revered birthplace […]

Business

PM Modi will dedicate the Vizhinjam International Deepwater Multipurpose Seaport to the nation tomorrow

May 2, 2025 revoi editor

PM Modi will dedicate the Vizhinjam International Deepwater Multipurpose Seaport to the nation tomorrow. The ambitious project of the Kerala government is being developed under the PPP model. The private partner, the Concessionaire Adani Vizhinjam Port Private Limited, commenced construction on December 5, 2015. AS Suresh Babu, former MD & CEO of Vizhinjam International Seaport […]

Business

Sensex, Nifty trade in green amid positive global cues

May 2, 2025 revoi editor

The Indian stock indices opened in the green on Friday following positive cues from the global markets. At 9:22 am, Sensex was up 350 points, or 0.44 percent, at 80,592, and Nifty was up 71 points, or 0.29 percent, at 24,407. Midcap and small-cap indices were trading flat compared to large-cap. The Nifty Midcap 100 […]

Business

Daily UPI transactions rise to 596 million in April; value reaches ₹24 lakh crore

May 1, 2025 revoi editor

The number of daily Unified Payments Interface (UPI) transactions in India climbed to 596 million in April, up from 590 million recorded in March, according to data released on Thursday by the National Payments Corporation of India (NPCI). Despite a slight dip in the overall transaction value—from ₹24.8 lakh crore in March to ₹24 lakh […]