Elections

Business

Aviation: Loss-making Pakistan International Airlines up for sale

February 2, 2024 revoi editor

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Virendra Pandit   New Delhi: As Islamabad braces for the General Elections to the National Assembly next week, its caretaker government has fast-tracked a plan to sell loss-making state-owned Pakistan International Airlines (PIA), the media reported on Friday. In the past, the South Asian nation’s elected governments shied away from undertaking unpopular reforms, including the […]

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Business

Roving Pericope: As India promotes Lakshadweep, broke Pakistan assures help to the Maldives!

February 2, 2024 revoi editor

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Virendra Pandit    New Delhi: Amid a diplomatic row, as New Delhi slashed the financial aid to the Maldives by 22 percent in the Interim Budge 2024 on Thursday, and a large number of Indian tourists shunned the island nation last month, a nearly bankrupt Pakistan has assured it of help, showing renewed interest in […]

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Business

Budget highlights: Good news on fiscal deficit, infra, SHGs, green energy…and more

February 1, 2024 revoi editor

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Virendra Pandit   New Delhi: The following are the key takeaways from the Interim Budget 2024 that Finance Minister Nirmala Sitharaman tabled in Parliament on Thursday. The Interim Union Budget for the financial year 2024-25 focused on fiscal consolidation, infrastructure, agriculture, green growth, and railways. However, no changes were made in the tax rates, disappointing […]

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Business

Interim Budget: Ahead of LS polls, the NDA govt sticks to ‘social justice’ theme

February 1, 2024 revoi editor

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Virendra Pandit   New Delhi: As India gears up for the ensuing Lok Sabha elections in April-May, the Interim Budget 2024 has stuck to the ruling NDA’s theme of ‘social justice’ and gives a counter-secularism pitch to the economic document that Finance Minister Nirmala Sitharaman tabled in the Lower House of Parliament on Thursday. In […]

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Business

Toshakhana case: Court sentences Imran and his wife Bushra to 14 years in jail

January 31, 2024 revoi editor

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Virendra Pandit    New Delhi: A day after a “special court” sentenced him to 10 years in prison in the cipher case, another court ordered former Pakistan Prime Minister Imran Ahmed Khan Niazi and his current and third wife Bushra Bibi to spend 14 years in jail in the Toshakhana case, the media reported on […]

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Business

Roving Periscope: China’s ‘threat’ good for US-India ties, FTA, says Issa

January 31, 2024 revoi editor

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Virendra Pandit    New Delhi: As the world’s two largest democracies gear up for national elections this year, an influential Republican lawmaker has said the “threat” posed by an aggressive but economically declining China offers an opportunity to India and the US. The two democracies can make strong agreements, including a genuine Free Trade Agreement […]

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Business

Roving Periscope: The US and Pakistan relax as Imran, and Mehmood get 10-yrs in jail

January 30, 2024 revoi editor

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Virendra Pandit   New Delhi: Ten days ahead of the General Elections to the National Assembly on February 8, the US and Pakistan have heaved a sigh of relief: their ‘sponsored’ candidate, Mohammed Nawaz Sharif, could now safely become the restive South Asian country’s Prime Minister a fourth time. For, his bete noire, former PM […]

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Business

The Maldives: After a chaos in Parliament, Oppn plans to impeach pro-China President Muizzu

January 29, 2024 revoi editor

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Virendra Pandit   New Delhi: Barely two months after assuming power, Maldivian President Mohamed Muizzu, fresh from a state visit to China, found himself facing an irate Opposition moving to impeach him as the House rejected his ministers’ appointments amid unprecedented scuffle and chaos on Sunday. The angry Members of Parliament (MPs) exchanged kicks and […]

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Business

Union Budget 2024: India poised to register 7% economic growth in FY25

January 29, 2024 revoi editor

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Virendra Pandit   New Delhi: Two days before Finance Minister Nirmala Sitharaman tables the Union Budget for 2024-24 in Parliament on February 1, her ministry expected India’s economy to grow around 7 percent in the next fiscal year, despite new geopolitical risks emerging from the Red Sea crisis that could affect supply chains, global inflation […]

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Business

The Maldives: Anti-Indian President Muizzu faces mounting domestic protests

January 25, 2024 revoi editor

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Virendra Pandit   New Delhi: Amid mounting anti-government protests, speculation is rife in the Maldives if its pro-Chinese President Mohamed Muizzu will be able to complete his first year in office in November 2024. His People’s National Congress had won the 2023 elections banking on an anti-India narrative, a departure from his predecessors who pursued […]

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