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Roving Periscope: To arm-twist it, Trump shuts out S. Africa from next G-20 Summit

November 27, 2025 revoi editor

Virendra Pandit New Delhi: South Africa’s President Cyril Ramaphosa on Thursday described as “regrettable” the announcement by US President Donald Trump that South Africa would not be invited to take part in next year’s G-20 Leaders’ Summit in Florida, USA, the media reported. In a social media post, Trump complained South Africa had refused […]

Business

Economy: India’s growth to be robust; GST 2.0 to cushion US tariff impact, says IMF

November 27, 2025 revoi editor

Virendra Pandit New Delhi: India’s economy is estimated to grow at 6.6 percent in the current financial year (2025-26) and the recent Goods and Services Tax (GST) reforms are likely to help cushion the country from the adverse impact of the 50 percent tariffs imposed by the US, the International Monetary Fund (IMF) said […]

Business

Energy security: India to buy 2.2 MT of LPG from the US in 2026

November 17, 2025 revoi editor

Virendra Pandit New Delhi: As India and the US inch closer to finalizing a wide-ranging Bilateral Trade Agreement (BTA), New Delhi has signed a major one-year deal with Washington to import 2.2 metric tonnes (MT) of LPG from America in 2026, the media reported on Monday. This is among the first in a series […]

Business

Energy: With US tariff deal likely ‘soon,’ India cuts Russian crude import

November 11, 2025 revoi editor

Virendra Pandit New Delhi: With the likelihood of a US-India bilateral trade-and-tariff deal in the coming weeks, New Delhi has reduced import of Russian crude, which Moscow is now offering on even higher discounts, the media reported on Tuesday. India’s reduced Russian oil orders came slowly after the US raised tariffs on Indian imports […]

Business

Wealth: India’s richest 1% grew their wealth by 62% since 2000, says G-20 study

November 4, 2025 revoi editor

Virendra Pandit New Delhi: After India rolled out economic liberalization, privatization, and globalization in 1991, the richest 1 percent saw their wealth grow by 62 percent between 2000 and 2023, the media reported on Tuesday. According to a study commissioned by the South African Presidency of the Group of 20, the richest 1 percent […]

Business

Roving Periscope: ‘80% of Pakistan’s agriculture depends on waters from India!’

November 1, 2025 revoi editor

Virendra Pandit New Delhi: Eighty percent of agricultural land irrigation in Pakistan depends entirely on water from the Indus River system, an Australian think tank has said. Australia’s Sydney-based nonprofit Institute for Economics and Peace (IEP), one of the world’s most respected think tanks, just dropped a ‘water bomb’ Pakistan has been fearing for […]

Business

Roving Periscope: Targeting China, Trump ropes in SE Asia with trade, minerals deals

October 27, 2025 revoi editor

Virendra Pandit New Delhi: Aiming at China, US President Donald Trump on Sunday signed a series of deals on trade and critical minerals with four members of the Association of South East Asian Nations (ASEAN), maintaining a tariff rate of 19 percent on goods exports from them to America, with the levy to be […]

Business

Environment: India ninth globally in total forest area, says FAO

October 22, 2025 revoi editor

Virendra Pandit New Delhi: With large-scale afforestation and community-led forest protection efforts, India has climbed to the ninth spot globally in total forest area and retained its third rank in annual forest area gain, the UN Food and Agriculture Organization (FAO) has said. In this respect, India follows Australia, the Democratic Republic of the […]

Business

Roving Periscope: From hotspots, Trump returns to trade war, dollar conundrum

October 15, 2025 revoi editor

Virendra Pandit New Delhi: While hotspots like Gaza and Ukraine are smouldering, and Afghanistan and Pakistan are turning into new battlefields, US President Donald Trump has warned to cut China trade over the ongoing dispute over soybeans. China, on its part, has moved the World Trade Organization (WTO) against India’s subsidies to electric vehicles. […]

Business

Food parks: Reliance Consumers signs MoU with Centre for Rs.40k cr plan

September 25, 2025 revoi editor

Virendra Pandit New Delhi: Reliance Consumer Products Ltd (RCPL) develop integrated AI-driven food parks across India at an investment of Rs. 40,000 crore, the media reported on Thursday. For this purpose, RCPL signed an MoU with the Centre at the World Food India 2025 event. Maharashtra and Andhra Pradesh will host initial sites for […]