Defence

Business

Roving Periscope: Chasing a peace deal, the US launches fresh strikes on Iran

May 28, 2026 revoi editor

Virendra Pandit New Delhi: With no headway in the stalemated peace talks, the US late on Wednesday launched fresh ‘defensive’ strikes on an Iranian military facility, after drone threats near the Strait of Hormuz, the media reported. Reports quoted two US officials saying that the US military forces shot down four Iranian drones and […]

Business

Pakistan: Its role as mediator between the US and Iran “problematic!”

May 27, 2026 revoi editor

Virendra Pandit New Delhi: A day after Pakistan ruled out joining the “Abraham Accords 2.0”, US Senator Lindsey Graham, a close President Donald Trump ally, questioned the South Asian country’s commitment to brokering peace between the United States and Iran. Islamabad, which Trump asked to mediate between Washington and Tehran, unambiguously rejected the US […]

Business

Roving Periscope: Amid frozen Iran war, Israel kills new Hamas chief In Gaza

May 27, 2026 revoi editor

Virendra Pandit New Delhi: While US President Donald Trump ‘delays’ a peace deal with Tehran, pushing Saudi Arabia, Qatar, and Pakistan to sign on the “Abraham Accords 2.0” and recognize Israel as a precondition for truce, the Jewish state continued to crush remnants of the Hamas terror group in Gaza City, and Hezbollah in […]

Business

Fuel security: Quad to launch energy forum; China against confrontation

May 26, 2026 revoi editor

Virendra Pandit New Delhi: The Quadrilateral Security Dialogue (Quad) on Tuesday declared that the Indo-Pacific will not be held hostage to the energy volatility reshaping the global economy. The group’s joint statement on Indo-Pacific Energy Security, issued at the close of the Foreign Ministers’ meeting, named the Strait of Hormuz explicitly – an […]

Business

West Asia: With fresh US strikes, the Iran war may restart

May 26, 2026 revoi editor

Virendra Pandit New Delhi: While there is little tangible progress in a potential Washington-Tehran peace deal, the frozen Iran war threatened to boil up again on Tuesday with the US launching fresh strikes on Southern Iran, including its missile launch sites, in “self-defence,” the media reported. The strikes were done “to protect our troops […]

Business

Roving Periscope: To counter China, Quad partners ink deal on critical minerals; to mobilize $20 bn fund

May 26, 2026 revoi editor

Virendra Pandit New Delhi: Amid growing concerns over China’s export controls on rare earth elements and strategic metals vital for global technology supply chains, the four Quad partners on Tuesday firmed up a key framework for cooperation in ensuring steady supplies of critical minerals, the media reported. On the sidelines of the Quadrilateral Security […]

Business

Markets: On West Asian peace hopes, Sensex, Nifty jump over 1.3%

May 25, 2026 revoi editor

Virendra Pandit New Delhi: Indian benchmark indices surged over 1.3 per cent on Monday, with the Sensex soaring more than 1,000 points and the Nifty crossing the 24,000 mark, driven by easing crude oil prices, improving global sentiment, strong financial stocks, and optimism about a potential US-Iran deal. While Sensex surged 1.42 per cent […]

Business

The Indian currency: With RBI support, crude price slump, rupee strengthens vis-à-vis USD

May 25, 2026 revoi editor

Virendra Pandit New Delhi: The Indian rupee strengthened for the third consecutive session on Monday, its longest winning streak in a month, driven by market ‌interventions by the Reserve Bank of India (RBI), and a slump in crude oil prices on hopes of ⁠a US-Iran peace deal to end the West Asian crisis. The […]

Business

Roving Periscope: Either a good agreement, or the US will deal with Iran “another way”

May 25, 2026 revoi editor

Virendra Pandit New Delhi: US Secretary of State Marco Rubio, currently on a four-day maiden official visit to India, ‌said on Monday that Washington will ⁠either have a good agreement with ‌Tehran, or it will deal with the ‌Shia-dominated country “another way.” America ⁠will give ⁠diplomacy every chance to succeed before exploring the “alternatives,” […]

Business

The 3 Fs: PM Modi’s call “very important,” says FinMin Sitharaman

May 25, 2026 revoi editor

Virendra Pandit New Delhi: Union Finance Minister Nirmala Sitharaman on Monday supported Prime Minister Narendra Modi’s call for austerity and pushed for increased focus on 3Fs — fuel, fertiliser, and forex –amid the ongoing West Asian crisis, underlining that the Indian economy remains resilient. Addressing an event to celebrate the 37th anniversary of the […]