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Iran war: After Shia Iran rejects US proposal, Pak ‘invites’ Sunni nations for meet

March 28, 2026 revoi editor

Virendra Pandit   New Delhi: After the Shia-dominated Iran ‘rejected’ Pakistan’s attempt to become a mediator in the ongoing war with the US-Israel duo, Islamabad has reportedly invited three pro-US Sunni nations in a bid to de-escalate tensions in West Asia, the media reported on Saturday. According to reports, Pakistan has invited foreign ministers of […]

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Business

Geoeconomics: West Asian turmoil puts India’s economy at risk of 3-4 year setback

March 28, 2026 revoi editor

Virendra Pandit   New Delhi: India’s macroeconomic outlook faces rising risks amid escalating US-Iran tensions and a sustained spike in crude oil price could put the country’s economy back by three to four years, according to global equity research and brokerage firm Bernstein. Its latest report cautions that the current geopolitical shock, if it persists, […]

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Business

West Asia crisis: Russia bans petrol exports from April 1; India has stocks

March 28, 2026 revoi editor

Virendra Pandit   New Delhi: Russia on Friday (local time) announced a ban on gasoline (petrol) exports starting April 1, aiming to prioritise domestic supplies and stabilise fuel prices amid global market turbulence due to the ongoing conflict in West Asia. The announcement followed a meeting chaired by Russian Deputy Prime Minister Alexander Novak to […]

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Business

Nepal: Balendra Shah takes oath as new PM; Modi congratulates

March 27, 2026 revoi editor

Virendra Pandit   New Delhi: Nepal’s youngest Prime Minister, Balendra (Balen) Shah, 35, on Friday took the oath of office after his party won a landslide victory in elections earlier this month, ending political uncertainties caused by a youth-led uprising in September 2025 that toppled the KP Sharma Oli government. Balendra, a rapper-turned-politician, led his […]

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Business

War impact: Trump delays Iran attack by 10 days; India reduces petrol, diesel duties

March 27, 2026 revoi editor

Virendra Pandit   New Delhi: As the US-Israel’s war against Iran, and Iranian retaliation against America’s allies in West Asia (Middle East), entered the 28th day on Friday, President Donald Trump said he would delay fresh attacks against Tehran’s energy infrastructure for another 10 days, until April 6, the media reported. Contrary to Iran’s repeated […]

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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

“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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