Defence

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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Business

Roving Periscope: Iran defies US demands, continues attacks on Arabs, and says ‘sorry’ to them!

March 7, 2026 revoi editor

Virendra Pandit   New Delhi: On the eighth day of the ongoing fierce conflict in West Asia, Iranian President Masoud Pezeshkian rejected US President Donald Trump’s demand for surrender and apologized for Iran’s continuing attacks on regional countries, the media reported on Saturday. Rejecting the US demand for an unconditional surrender as a “dream that […]

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Business

Roving Periscope: Trump to ‘select’ new Iran leader; offers ‘immunity’ or ‘death’ to IRGC

March 6, 2026 revoi editor

Virendra Pandit   New Delhi: Amid the escalating war in the Middle East, US President Donald Trump has urged Iran’s all-powerful Islamic Republic Guards Corps (IRGC) to surrender and get immunity, while asserting that he must be “personally involved” in picking Tehran’s next leader, the media reported on Friday. His remarks suggested a direct role […]

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Business

Mideast war: With oil prices up, India vulnerable; US’ 30-day reprieve for India

March 6, 2026 revoi editor

Virendra Pandit   New Delhi: Moody’s Ratings on Friday warned that India’s structural exposure to global oil price shock due to the ongoing war in the Middle East (West Asia) is “very high,” the media reported. India, the third largest oil importer worldwide, is among the key Asian economies that rely on crude and LNG […]

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Business

Uncertain times: China lowers GDP target to 4.5% for 2026

March 5, 2026 revoi editor

Virendra Pandit   New Delhi: China on Thursday lowered its GDP target from 5 percent to 4.5 percent for 2026 in the face of US President Donald Trump’s trade tariff war, the worsening global crisis following the US-Israeli attacks on Iran, and headwinds in the domestic economy because of a property market slump and unemployment […]

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Business

Raging conflicts: PM Modi says no issues can be resolved through war

March 5, 2026 revoi editor

Virendra Pandit   New Delhi: Prime Minister Narendra Modi on Thursday called for a “swift end” to the conflicts in West Asia and Ukraine, saying no issue can be resolved through military confrontation. He made these remarks after holding wide-ranging talks with the visiting Finnish President Alexander Stubb, the media reported. “India and Finland, both, […]

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Business

Roving Periscope: Huge cost of raging Mideast war starts biting one and all

March 5, 2026 revoi editor

Virendra Pandit   New Delhi:  As the raging war between Iran, on one side, and the US-Israel duo plus their Arab allies, on the other, continued for the sixth day on Thursday, its aftereffects are beginning to bite not only the combatants but also other countries having little to do with regional or global politics. […]

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Business

Roving Periscope: Trump informs Congress, as US asks staff to leave some Arab nations

March 3, 2026 revoi editor

Virendra Pandit   New Delhi: On the fourth day of the ongoing US-Israel war against Iran, America on ‌Tuesday ordered its non-emergency government personnel ​and their family ⁠members to leave Qatar, Kuwait, Bahrain, Iraq and Jordan and closed several diplomatic ‌missions across the volatile region as tensions with ‌Iran escalated. Also, a day after stating […]

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Business

Iran war: As UK refrains, Trump accuses PM Starmer of “Muslim appeasement”

March 3, 2026 revoi editor

Virendra Pandit   New Delhi: US President Donald Trump has accused British Prime Minister Keir Starmer’s decision to initially keep the UK away from the ongoing war in Iran may be an attempt at “Muslim appeasement,” the media reported on Tuesday. In a telephonic interview with the British newspaper The Sun on Monday, Trump expressed his disappointment […]

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