Defence

Business

Aviation: Adani Group to invest Rs. 1 lakh cr on airports until 2030

December 19, 2025 revoi editor

Virendra Pandit New Delhi: Gujarat-based Adani Group plans to invest Rs.1 lakh crore in its airports business over the next five years, betting on sustained growth in India’s aviation sector, which is expected to expand at 15-16 percent annually, the media reported on Friday. “On the airport side, Rs. 1-lakh crore in the next […]

Business

Trade: With more imports, India’s deficit with China may rise to $106 bn in 2025

December 19, 2025 revoi editor

Virendra Pandit New Delhi: With imports outpacing exports, despite recent recovery, India’s trade deficit with China is expected to swell to USD 106 billion in 2025, the media reported on Friday. According to a think-tank, Global Trade Research Initiative (GTRI), India’s exports to China fell from USD 23 billion in 2021 to USD 15.2 […]

Business

Currency: The Indian rupee rises 54 paisa, closes at 90/USD

December 19, 2025 revoi editor

Virendra Pandit New Delhi: A day after India and Oman signed a free-trade agreement (FTA), and the likelihood of New Delhi signing deals with the European Union (EU) and the USA in the coming weeks, Indian rupee rose 54 paise on Friday, strengthening past 90 per USD. The media reports, quoting forex traders, said […]

Business

Birth control: Now, IMF rejects Pak’s request for cheaper contraceptives!

December 18, 2025 revoi editor

Virendra Pandit New Delhi: Crisis-prone Pakistan now has a fresh problem to handle. The economy saviour International Monetary Fund (IMF), has rejected Islamabad’s request to waive taxes on condoms, contraceptives, and even sanitary napkins, as part of the government’s efforts at controlling births, the media reported on Thursday. Pakistani Prime Minister Shehbaz Sharif, hoping […]

Business

Roving Periscope: Despite China’s protests, the US to sell weapons worth $11bn to Taiwan

December 18, 2025 revoi editor

Virendra Pandit New Delhi: In one of the largest-ever defence deals, the US on Wednesday announced to sell USD 11.1 billion worth of weapons to Taiwan, which has irked China in what is seen as a fresh cause of tension between the two largest economies, which President Donald Trump had underlined as bipolarity, or […]

Business

Indian currency: Rupee recovers 55 paise, closes at 90.38/ US dollar

December 17, 2025 revoi editor

Virendra Pandit New Delhi: The Indian rupee on Wednesday recovered 55 paise from its all-time low level to close at 90.38 (provisional) against the US dollar after a volatile trade, amid likely aggressive RBI intervention, the media reported. Experts said the rupee’s recent fall against the US dollar was primarily driven by external factors, not […]

Business

Bangladesh: Ahead of Feb polls, anti-India outfits compete with each another

December 17, 2025 revoi editor

Virendra Pandit New Delhi: Ahead of the proposed parliamentary elections in February 2026 in Bangladesh, political outfits’ competitive anti-India stance forced New Delhi on Wednesday to summon Dhaka’s High Commissioner to register its strong protest, the media reported. The Ministry of External Affairs (MEA) summoned Bangladesh High Commissioner M Riaz Hamidullah over concerns regarding […]

Business

Tariffs: Trade is being weaponized, says Nirmala Sitharaman

December 17, 2025 revoi editor

Virendra Pandit New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday said global trade is increasingly “getting weaponised” through tariffs and other measures, and India will have to negotiate its way carefully. She said that the overall strength of the economy will give the country an added advantage, the media reported her as saying […]

Business

Roving Periscope: Russia demands frozen assets worth USD 229 bn from Europe

December 16, 2025 revoi editor

Virendra Pandit New Delhi: Russia has filed a lawsuit seeking 18.2 trillion rubles (USD 229 billion) in damages from Europe’s largest securities depository, Euroclear, the Interfax news agency said. The legal move comes as the European Union (EU) debates how to use frozen Russian sovereign assets to support war-ravaged Ukraine. Euroclear holds around 185 billion euros (USD […]

Business

Depreciation: Indian rupee falls 23 paise to close at 91.01 per US dollar

December 16, 2025 revoi editor

Virendra Pandit New Delhi: The Indian rupee fell 23 paise against the US dollar to settle at a new all-time low of 91.01 (provisional) on Tuesday, weighed down by relentless foreign fund outflows, the lack of a breakthrough in the India-US trade deal, and persistent US dollar buying. During the Tuesday session, the rupee […]