Global Indians

Business

Roving Periscope: Another TACO leads to potential ceasefire in West Asia—for two weeks

April 8, 2026 revoi editor

Virendra Pandit New Delhi: In 2025, Financial Times columnist Robert Armstrong coined the financial acronym “TACO” to describe the trade strategy and market reaction to US President Donald Trump’s mercurial trade and tariff policies: Trump Always Chickens Out. It referred to the pattern of announcing severe tariffs, causing market dips, and then reversing or delaying […]

Business

Markets: With W. Asian peace prospects, Indian equity markets jump nearly 4%

April 8, 2026 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump postponing his “stone age” threat against Iran to two weeks, Indian equity markets jumped nearly 4 four percent on Wednesday, as the Reserve Bank of India held repo rate at 5.25 percent and maintained a neutral stance. Meanwhile, the volatility index declined sharply by 21 […]

Business

Martyrdom: Trump threatens extinction; Iran’s 14 mn people ready to die, says Pezeshkian

April 7, 2026 revoi editor

Virendra Pandit New Delhi: As US President Donald Trump’s “48-hour” deadline to Iran—to either reopen the Strait of Hormuz or face annihilation—loomed closer, Iranian President Masoud Pezeshkian on Tuesday declared that 14 million Iranians have signed up to sacrifice their life to defend the nation, the media reported. On Tuesday, Trump wrote on Truth […]

Business

Roving Periscope: After Hormuz, Iran threatens to shut Bab-al-Mandeb Strait as well

April 7, 2026 revoi editor

Virendra Pandit New Delhi: As the inconclusive and intensifying US-Israeli war on Iran entered the 38th day, with attempts to reopen the Strait of Hormuz failing, Tehran has threatened to shut another key waterway, Bab al-Mandeb, the media reported. The Strait of Bab-el-Mandeb is a major global chokepoint between Yemen on the Arabian Peninsula […]

Business

Energy crisis: Moody’s cuts India’s economic growth to 6% in FY27

April 6, 2026 revoi editor

Virendra Pandit New Delhi: Due to the current global energy crisis triggered by the ongoing conflict in West Asia, Moody’s Ratings has slashed India’s economic growth estimates for FY27 from 6.8 percent earlier to 6 percent now, saying the war will moderate growth momentum and raise inflation risks. In its credit opinion report on […]

Business

Roving Periscope: For a 45-day “Islamabad Accord,” Pak waits for US, Iran nod

April 6, 2026 revoi editor

Virendra Pandit New Delhi: In the latest diplomatic push amid intensified war in West Asia, Pakistan on Monday anxiously waited to stay relevant in global diplomacy, for a second time in recent days, as the United States and Iran weighed in what the South Asian ‘mediator’ believed would become basis for an “Islamabad Accord,” […]

Business

Roving Periscope: Amid Iran war, Russia offers more crude to India

April 3, 2026 revoi editor

Virendra Pandit New Delhi: With no early end likely in the ongoing West Asian war, Russia has offered to increase supply of crude oil and natural gas to India as the two sides agreed to further enhance the overall bilateral ties, the media reported on Friday. As energy crisis is driving volatility in the […]

Business

FTA: In Indo-Canadian deal, aviation sector be made more inclusive

April 3, 2026 revoi editor

Ahmedabad: Josh Leslie, Canadian entrepreneur and the National Chair of Indo-Canadian Relations for Corporate Connections, has said that aviation sector’s huge potential should also be considered part of the proposed Indo-Canadian Free Trade Agreement (FTA). The governments in Canada and India are working toward a Comprehensive Economic Partnership Agreement (CEPA), including focus on goods, services, […]

Business

Iran war: Hormuz Strait closed due to “illegal action” of the US, Israel, says China

April 2, 2026 revoi editor

Virendra Pandit New Delhi: Stating that it is communicating “with all parties,” China said on Thursday that the key Strait of Hormuz was closed to an “illegal action” by the United States and Israel, the media reported. China has been the largest buyer of Iranian oil, importing an estimated 1.38 million barrels per day […]

English

Roving Periscope: The US, Iran on the same page—war may intensify!

April 2, 2026 revoi editor

Virendra Pandit New Delhi: For once, both the US and Iran found themselves on the same page on Thursday—they each declared that their 34-day-long ongoing war will continue. As usual, US President Donald Trump reiterated victory and, at the same time, said the war will continue. In response, Iran said the conflict will continue […]