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Markets: With cautious optimism, Sensex, Nifty recover, gain 1.5%

April 8, 2025 revoi editor

Virendra Pandit New Delhi: Sensing that the escalating tariff war between the US and China could benefit India, equity markets, which suffered a massive 3 percent loss on Monday, bounced back on Tuesday as investors tried to heave a sigh of relief amid a raging financial market tsunami worldwide. Benchmark indices Sensex and Nifty, […]

Business

Roving Periscope: Despite Trump’s tariffs, India to push growth story ahead

April 7, 2025 revoi editor

Virendra Pandit New Delhi: While some economists insist that the Trump tariffs could slow down India’s growth by 20 to 40 basis points in 2025-26 amid the ongoing global disruptions, the Union Finance Ministry believes India is likely to meet its projected growth target of 6.3 percent to 6.8 percent in FY26, The higher […]

Business

Markets: Trump tariffs roil world bourses; Sensex, Nifty tank 3% on “Black Monday”

April 7, 2025 revoi editor

Virendra Pandit New Delhi: As the world economy and markets plunged southward after US President Donald Trump’s latest round of ‘reciprocal tariffs,’ the Indian equity markets on “Black Monday” markets reacted negatively with Sensex and Nifty sinking precipitously by 3 percent, the media reported. Even as anti-Donald Trump demonstrations across the US, Europe, and […]

Business

Neighbours: India, Sri Lanka ink pacts for defense, energy cooperation

April 5, 2025 revoi editor

Virendra Pandit New Delhi: For the first time, India and Sri Lanka signed an ambitious defence cooperation pact on Saturday, with Prime Minister Narendra Modi outlining a broader roadmap for deeper bilateral cooperation. The pact asserts that the security of the two neighbours is interlinked and interdependent. According to a media report, the defense […]

Business

Roving Periscope: Trump tariffs trigger market crash; trillions lost, global recession feared

April 5, 2025 revoi editor

Virendra Pandit New Delhi: As the US started collecting the initial ‘baseline’ 10 percent tariff on Friday, the Wall Street crashed, and J.P. Morgan Chase & Co. feared that the American economy could fall into a recession in 2025 itself after accounting for the likely impact of the 10 to 49 percent tariffs announced this […]

Defence

South Korea: Court upholds President Yoon’s impeachment over martial law orders

April 4, 2025 revoi editor

Virendra Pandit New Delhi: South Korea’s Constitutional Court on Friday upheld the ousted President Yoon Suk Yeol’s impeachment over his short-lived martial law declaration, voting unanimously to strip him of office for violating the constitution. Angry South Korean lawmakers had suspended Yoon, 64, over his December 3, 2024, attempt to subvert civilian rule, and […]

Business

Trump tariffs: “It will harm the US more than India,” says former RBI chief Rajan

April 4, 2025 revoi editor

Virendra Pandit New Delhi: After applauding the Narendra Modi government in January 2025, former RBI Governor Raghuram Rajan on Thursday said the reciprocal tariffs President Donald Trump has imposed on India, besides other countries, will impact the US more than the South Asian nation. Speaking about the Trump administration’s decision to impose reciprocal tariffs […]

Business

Bangladesh: In first meeting with Md Yunus, PM Modi pushes for minorities’ safety

April 4, 2025 revoi editor

Virendra Pandit New Delhi: In his first meeting with Mohammed Yunus, following the ouster of his predecessor, Sheikh Hasina Wajed, in August 2024, Prime Minister Narendra Modi on Friday stressed that Dhaka must provide security to the Muslim country’s minorities, according to the media. Bangladesh’s Chief Adviser Muhammad Yunus, 85, met PM Modi on […]

Business

Roving Periscope: China slaps 34% on the US; IMF, WTO warn of threats to global economy

April 4, 2025 revoi editor

Virendra Pandit New Delhi: Hours after US President Donald Trump unveiled his sweeping ‘reciprocal tariffs’ on America’s imports from nearly 100 countries, triggering uncertainties, instability, and confusion worldwide, the International Monetary Fund (IMF) and the World Trade Organization (WTO), among other multilateral institutions, have warned of a serious threat to global outlook. In particular, […]

Business

L-Day: President Trump’s tariff targets include the UK, EU, China, and India

April 2, 2025 revoi editor

Virendra Pandit New Delhi: As US President Donald Trump on Wednesday gave finishing touches to his plans to impose reciprocal tariffs as part of what he believes is America’s “Liberation Day for America trade,” the world waited with bated breath what it would mean for global economy. He is targeting countries with high duty […]