Defence

Business

Roving Periscope: Amid their wars, Ukraine, S. Arabia sign defence cooperation pact

March 27, 2026 revoi editor

Virendra Pandit   New Delhi: Amid their ongoing wars against Russia and Iran, respectively, Ukraine and Saudi Arabia have signed an agreement on defence cooperation that lays the foundation for future contracts, technological cooperation, and investments, Ukrainian President Volodymyr Zelenskiy said on Friday. During an unannounced visit to the Gulf, he hopes to bolster support […]

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Business

Markets: Prolonged West Asia war drags Sensex, Nifty down over 2%

March 27, 2026 revoi editor

Virendra Pandit   New Delhi: The prolonged war in West Asia (Middle East) because of uncertainties of talks between the US-Israel duo and Iran dragged Indian benchmark indices Sensex and Nifty50 over two percent on Friday. The indices snapped a two-day gaining streak and ended sharply down as mixed signals from the US and Iran […]

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Business

Strategic Importance of Kharg Islands: The Risk of Ground Invasion

March 27, 2026 revoi editor

By Harsh Pargat Strategic Topography: The Kharg Island topographically is a littoral small outcrop in the Arabian Gulf. The island serves as Iran’s main source of crude oil exports accounting for 90% of Iran’s total exports. This is not the first instance were the Kharg island has faced a threat of invasion. The Portuguese and […]

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Business

“Friends:” Iran permits India, five others safe passage through the Strait of Hormuz

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: In a major diplomatic move, Iran has said the strategically critical Strait of Hormuz will remain open for vessels of India and five other “friendly” nations for safe passage, amid the escalating conflict in West Asia (Middle East), the media reported on Thursday. The crucial waterway, the narrow mouth of […]

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Business

Roving Periscope: Trump talks peace, prepares for war—as Iran waits for the next phase

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: US President Donald Trump, who lamented in 2025 that he didn’t get the Nobel Peace Prize despite what he claimed ending over half-a-dozen wars, is now preparing for ground invasion of Iran which is fiercely retaliating across West Asia (Middle East) against Israel, the US, and pro-US Arab nations since […]

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Business

War impact: Nayara Energy raises petrol prices by Rs. 5, diesel Rs. 3 per litre

March 26, 2026 revoi editor

Virendra Pandit   New Delhi: Nayara Energy, India’s largest private fuel retailer, on Thursday increased petrol prices by Rs. 5 per litre and diesel by Rs. 3 a litre, indicating the likelihood of a similar step by the country’s state-owned oil marketing companies (OMCs) to raise prices to pass on part of the recent surge […]

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Business

Markets: Hoping for a Mideast ceasefire, Sensex, Nifty climb over 1.6%

March 25, 2026 revoi editor

Virendra Pandit   New Delhi: India’s equity benchmarks gained for a ​second session on Wednesday, as prospects of a West Asia (Middle ‌East) ceasefire pulled crude oil prices lower and eased concerns ​around growth in the world’s third-biggest crude and gas ⁠importer. Brent crude oil price tanked 5.07 percent to USD 99.19 per barrel. On […]

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Business

Iran shocks Pakistan: Watching its double-game, Tehran returns Karachi-bound ship!

March 25, 2026 revoi editor

Virendra Pandit   New Delhi: Pakistan, which had signed a bilateral defence pact with Saudi Arabia in September 2025 and was now trying to broker peace between Iran and the US, was shocked on Wednesday when Tehran turned back a Karachi-bound ship at the Strait of Hormuz, saying it had “no approvals.” With Turkiye and […]

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Business

Mideast conflict: India’s growth to be lower at 5.9%, says Goldman Sachs

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: Investment banking firm Goldman Sachs on Tuesday cut India’s growth forecast by 60 basis points to 5.9 percent for calendar year 2026. This is the first forecast revision by any agency after beginning of the Iran war on February 28. In its report, A Tighter Squeeze on Asia’s Energy Supply, […]

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Business

Mideast war impact: India’s pvt sector growth hits 3-yr low on reduced demand

March 24, 2026 revoi editor

Virendra Pandit   New Delhi: Less than a month into the ongoing conflict in West Asia, its impact on India’s private sector is being felt as it expanded at its weakest pace in over three years in March 2026 because of diminished demand, the media reported on Tuesday. Price shocks from the ​ongoing US-Israeli war […]

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