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Deepawali bonanza: Festival demand lifts GST collection 4.6% to Rs. 1.96 lakh crore in October

November 1, 2025 revoi editor

Virendra Pandit New Delhi: India’s gross GST collection rose 4.6 percent year-on-year to Rs. 1.96 lakh crore in October 2025, buoyed by festive spending spree, despite a broad GST rate cut on 375 items, the media reported on Saturday. Goods and Services Tax (GST) rates on 375 items, including kitchen staples to electronics […]

Business

Alaska: “Understandings” reached with Trump opens way for Ukraine peace, says Putin

September 1, 2025 revoi editor

Virendra Pandit New Delhi: He warned the US-led Europe and thanked India and China, on the ongoing war in Ukraine. Russian President Vladimir Putin said on Monday that “understandings” he reached with US President Donald Trump at a summit in August opened a way to peace in Ukraine, which he would discuss with leaders […]

Business

Roving Periscope: LA’s devastating fires cause $60 bn loss as H’wood celebrities flee

January 10, 2025 revoi editor

Virendra Pandit New Delhi: Several Hollywood celebrities, whose palatial mansions turned into ashes, are reported to have fled the raging fires in Los Angeles where at least 10 people have died and nearly 20,000 acres of forested land have turned into rubble this week, the media reported on Friday. The fires have displaced nearly […]

Business

Social media “scourge”: Australia to legally ban users under 16 years of age

September 10, 2024 virendra pandit

Virendra Pandit New Delhi: Although analysts are doubting its technological feasibility, Australia is considering introducing legislation this year to ban access to social media outlets by users under 16 years of age. Even the Opposition will support it, the media reported on Tuesday. The minimum age for children to log into social media sites including […]

Business

Price rise: CMIE’s inflation projections lower than RBI’s

March 4, 2024 virendra pandit

Virendra Pandit New Delhi: Contrary to the Reserve Bank of India (RBI)’s projections, the leading economic think tank, the Centre for Monitoring Indian Economy (CMIE), said on Monday the country’s inflation may decline for two years in a row. It is likely to fall to 4.3 percent in 2024-25 from 5.4 percent in 2023-24, which […]

Business

An Incomplete Life: Gautam’s separation from his wife erases $180 mn at Raymond

November 22, 2023 Vinayak Barot

Virendra Pandit New Delhi: This is also a family matter. When a family collapses, the business it runs may also follow. India’s business legend Vijaypat Singhania, once synonymous with his company Raymond’s tagline “The Complete Man”, penned his 2021 autobiography “An Incomplete Life”, after his very public spat with billionaire son Gautam Singhania. The […]

Business

Electricity: ‘By 2050, India’s ACs would consume more power than entire Africa’

October 24, 2023 Vinayak Barot

Virendra Pandit New Delhi: India is geographically larger than Europe, minus Russia’s European part, and the British called the South Asian country a ‘subcontinent.’ By 2050, however, the air-conditioners installed in a rising India will alone consume more electricity than an entire continent—Africa—will do. India’s demand for electricity for running household air conditioners is […]

Business

Quick commerce: ‘Indians most impatient online shoppers worldwide; want delivery in 2 hours’

July 25, 2023 Vinayak Barot

Virendra Pandit New Delhi: Many Indians, always in a hurry to catch up with the rest of the world and adapt to novelty, are the most impatient e-commerce shoppers, who want their stuff to be delivered within just two hours, a global survey said. Indians are the world’s most impatient online shoppers, with nearly […]

Business

Roving Periscope: China trying to prevent its own entrepreneurs from fleeing!

June 21, 2023 virendra pandit

Virendra Pandit New Delhi: While China is trying to re-attract foreign capital and laid out a red carpet to American investors like Bill Gates and Elon Musk, it is also making efforts to prevent the departure of its own entrepreneurs who have thrown in the towel because of multiple reasons, the media reported. Regarding […]

Business

JioSaavn Pro: Jio launches plans for music lovers

June 9, 2023 virendra pandit

Ahmedabad: Jio has introduced JioSaavn Pro subscription bundled prepaid plans for its subscribers who love music. The initiative enables customers to consolidate their connectivity and music subscriptions, removing the need for separate purchases, Jio said in a release on Friday. The JioSaavn Pro bundled recharge plans provide a seamless and uninterrupted music experience, with a […]