Defence

Business

Crude conundrum: Oil prices fall despite Iran mocking Trump’s end-of-war soon claims

March 10, 2026 revoi editor

Virendra Pandit   New Delhi: Despite the West Asian crisis escalating due to the ongoing Iran war, crude oil prices slumped over 8 percent on Tuesday to USD 87.81 (Rs. 8,069) per barrel in futures trade following comments from US President Donald Trump that the conflict may be nearing its end, easing fears of prolonged […]

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Business

Roving Periscope: Iran insists on war as Trump tries to ‘wriggle out’!

March 10, 2026 revoi editor

Virendra Pandit   New Delhi: Under pressure from his Republican supporters fearing political reverses ahead of the US Congress midterm elections this year, while President Donald Trump appeared to ‘wriggle out’ of it all to minimise losses by declaring the ongoing war in West Asia will “end soon,” Iran insisted that it will determine the […]

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Business

Mideast war: IMF chief asks policymakers to be ready for a “new normal”

March 9, 2026 revoi editor

Virendra Pandit   New Delhi: International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that lengthy hostilities in West Asia would risk hitting markets and economies, while throwing up unexpected challenges that require policymakers to prepare for a “new normal,” the media reported “If the new conflict proves prolonged, it has clear and […]

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Business

West Asia: Nirmala, Jaishankar explain impact of war crisis on India

March 9, 2026 revoi editor

Virendra Pandit   New Delhi: External Affairs Minister S. Jaishankar said on Monday that India advocates de-escalation and return to dialogue and diplomacy in the war-torn West Asia (Middle East), as Finance Minister Nirmal Sitharaman told Parliament that the impact of global crude price rise on inflation is not estimated to be substantial at this […]

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Business

Markets: Bloodbath on Dalal Street as Mideast war, oil crisis, plunge Sensex, Nifty 1.7% down

March 9, 2026 revoi editor

Virendra Pandit   New Delhi: Equity benchmark indices Sensex and Nifty nosedived 1.7 percent on Monday as soaring crude oil prices and weak global trends due to the worsening situation in West Asia triggered a sharp sell-off in the stock market, the media reported. The BSE Sensex tanked 1,352.74 points, or 1.71 percent, to settle at […]

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Business

Roving Periscope: Mojtaba succeeds his slain father Ayatollah Khameini in Iran

March 9, 2026 revoi editor

Virendra Pandit   New Delhi: Despite Israel’s repeated warnings to kill anyone who succeeded slain Ayatollah Syed Ali Khameini, Iran on Monday declared his son Mojtaba as the next Supreme Leader, even as the Mideast’s war involving a dozen countries and creating global energy crisis entered the 10th day, causing wanton destruction and killing of […]

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Business

Nepal: “Deliver”—PM-in-waiting, Balen Shah may face challenges from Gen. Z, others

March 7, 2026 revoi editor

Virendra Pandit   New Delhi: Rapper-turned-politician Balendra Shah, tipped to become Nepal’s next Prime Minister after his reformist Rastriya Swatantra Party (RSP)’s projected landslide victory in general election, is likely to face challenges from his Generation Z-led supporters as well as veteran politicians of the vanquished rival parties. According to Nepal’s Election Commission data, the […]

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Business

Retort to the US: India rising on own strength, not others’ mistakes, says EAM

March 7, 2026 revoi editor

Virendra Pandit   New Delhi: External Affairs Minister S. Jaishankar on Saturday said the direction of India’s rise is clear and will be determined by the country’s own strength. His remarks came two days after US Deputy Secretary of State Christopher Landau said that while the United States would like to partner with India in […]

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Business

War crisis: India gives relaxation to exporters to meet obligations

March 7, 2026 revoi editor

Virendra Pandit   New Delhi: The Government of India has granted certain relaxations to exporters in fulfilling their export obligations, as the trading community is facing difficulties in the movement of goods due to the ongoing West Asia crisis, according to a notification. “In view of the prevailing geo-political developments affecting international shipping routes and […]

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Business

Mideast war: “Significant and long-term impact likely for India,” says Finance Ministry

March 7, 2026 revoi editor

Virendra Pandit   New Delhi: The Union Finance Ministry late on Friday expressed apprehension about a “significant and long-lasting impact” on the Indian economy as the war escalates in West Asia and the Gulf region, the media reported. A ministerial report noted that, in the short term, India has sufficient foreign exchange reserves to provide […]

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