Business

Business

PM Modi to inaugurate projects worth Rs 13,480 crore during Bihar visit today

April 24, 2025 revoi editor

Prime Minister Narendra Modi will visit Bihar today, where he will inaugurate and lay the foundation stones for multiple development projects worth over Rs 13,480 crore. The Prime Minister will also participate in a program marking National Panchayati Raj Day and address a gathering in Madhubani, Bihar. According to an official release, the Prime Minister […]

Business

Sensex, Nifty open lower amid mixed global cues

April 24, 2025 revoi editor

India’s benchmark indices opened in the red on Thursday, tracking mixed trends across Asian markets and early selling pressure in auto, metal, and realty stocks. As of 9:30 am, the Sensex declined 221.03 points, or 0.28 percent, to 79,895.46, while the Nifty slipped 75.55 points, or 0.31 percent, to 24,253.40. In the broader market, the […]

Business

J&K: 90% tourists cancel bookings after terror attack; avoid even Jammu

April 23, 2025 revoi editor

Virendra Pandit New Delhi: After the Pakistan-sponsored Islamist terrorists’ attack at Pahalgam on Tuesday, that claimed at least 26 lives and left around 20 others wounded, almost 90 percent of tourists have cancelled their bookings as Jammu and Kashmir braces for potential uncertainties soon, the media reported on Wednesday. The Union Territory’s economy is […]

Business

India’s DBT system yields Rs. 3.48 lakh crore in savings, boosts welfare efficiency: report

April 23, 2025 revoi editor

India’s Direct Benefit Transfer (DBT) system has resulted in cumulative savings of Rs. 3.48 lakh crore by plugging leakages in welfare delivery, reveals a new report by the BlueKraft Digital Foundation. The findings, endorsed by the Ministry of Finance, underscore the transformative impact of DBT on public spending efficiency, subsidy rationalisation, and social inclusion. The […]

Business

Energy: India largest consumer of Russian oil for 3rd year; OPEC imports slip

April 23, 2025 revoi editor

New Delhi: India has become the biggest consumer of Russian oil for the third year, 2024-25, straight as the South Asian nation’s imports from OPEC countries hit a record low. The share of OPEC oil fell to a record low in FY25 as refiners continued to import cheaper oil from Russia, the top oil supplier […]

Business

Jobs: Formal hirings decline by 10% in Feb 2025, says EPFO data

April 23, 2025 revoi editor

New Delhi: Fresh formal hirings declined by 10 percent in February 2025 for the third straight month, indicating deterioration in the formal markets, according to the data released by the Employees’ Provident Fund Organization (EPFO). Compared to January’s 823,000 monthly new subscriptions, only 739,000 registered in February, the EPFO said on Monday. In February 2024, […]

Business

Trade: India and the US have finalized terms for the proposed BTA, says USTR

April 22, 2025 revoi editor

Virendra Pandit New Delhi: Amid Vice-President J D Vance’s four-day India visit, United States Trade Representative (USTR) Jamieson Greer said on Tuesday that the two countries have finalized the terms of reference (ToR), outlining the roadmap for negotiations, for the proposed Bilateral Trade Agreement (BTR), the media reported. In a statement, he said these […]

Business

Roving Periscope: India-US ties will shape the 21st century, says V-P Vance

April 22, 2025 revoi editor

Virendra Pandit New Delhi: US Vice-President J D Vance, who is in India on a four-day visit with his family, said on Tuesday that the ties between the two largest democracies—India and the US—will shape the 21st century. Speaking at an event hosted by the Rajasthan International Centre (RIC) in Jaipur, he stressed the […]

Business

Gold’s glitter: On fire, yellow metal’s futures breach the Rs. 1 lakh mark/10 gm

April 22, 2025 revoi editor

Virendra Pandit New Delhi: With global financial uncertainties persisting amid ongoing trade war and the American dollar weakening, the media reported that gold futures on Tuesday breached the Rs. 1 lakh mark per 10 gm in a historic first. On the Multi-Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by […]

Business

Indian stock market opens higher, Sensex above 79,500

April 22, 2025 revoi editor

India’s benchmark indices opened marginally higher on Tuesday amid positive global cues, with buying seen in the auto, PSU bank, and financial services sectors during early trade. As of around 9:34 a.m., the Sensex was trading 134.87 points, or 0.17 per cent, higher at 79,543.37, while the Nifty gained 37.65 points, or 0.16 per cent, […]