Global Indians

Business

Impact: Dismayed at the ‘future-looking’ Budget, markets down with over 1%

February 1, 2026 revoi editor

Virendra Pandit New Delhi: Apparently unhappy with ‘fiscally prudent’ budgeting, finding little fireworks, and ignoring the government’s concerns over the fast-changing geoeconomic and geopolitical scenario to safeguard the gains made so far, the Indian stock markets reacted hastily and lost over 1% of their value when Finance Minister Nirmala Sitharaman tabled her ninth consecutive […]

Defence

Budget FY27: With geopolitical challenges around, FM hikes defence outlay by 15.3%

February 1, 2026 revoi editor

Virendra Pandit New Delhi: Giving a significant boost to India’s ongoing defence preparedness in view of the current geopolitical and security-related challenges, Finance Minister Nirmala Sitharaman on Sunday, while tabling in the Lok Sabha her 9th consecutive Union Budget for 2026-27 with a total outlay of Rs. 53.5 lakh crore, hiked the defence budget […]

Business

Mine collapse: Over 200 feared dead in DR Congo

January 31, 2026 revoi editor

Virendra Pandit New Delhi: More than 200 people were feared killed in a mine collapse in the Central African country, the Democratic Republic of the Congo, the media reported on Saturday. Rights groups raised concerns over conditions at the mine, which supplies about 15 percent of the world’s coltan used in advanced electronics. According […]

Business

Pakistan: “Head bowed, self-respect compromised,” admits PM Sharief on IMF loans

January 31, 2026 revoi editor

Virendra Pandit New Delhi: Pakistan Prime Minister Muhammed Shehbaz Sharif has admitted that his nearly-bankrupt country had to bow its head and compromise self-respect to keep the nation afloat. Seeking foreign loan had forced Pakistan to “bow” its head and make compromises at the “cost of self-respect”, he said in a candid admission about […]

Business

Cuba: Havana prepares as Trump blocks oil supply, threatens tariff on suppliers

January 30, 2026 revoi editor

Virendra Pandit New Delhi: As US President Donald Trump moved to block Venezuelan oil supply to Cuba and threatened tariffs on nations selling oil to Havana, the tiny neighbour accused Washington of “brutal act of aggression,” “blackmail and coercion,” the media reported on Friday. After the Venezuelan oil flow stopped, US neighbour Mexico became […]

Business

Roving Periscope: Post-Venezuela, Trump’s next target—Alberta in Canada!

January 30, 2026 revoi editor

Virendra Pandit New Delhi: After President Donald Trump’s repeatedly failed attempts to make Canada the USA’s 51st state, America is likely supporting separatists of resource-rich Alberta to split away from the North American neighbour, the media reported on Friday. Some top US officials are reported to have met Alberta’s separatists who sought funding from […]

Business

Iran: The US warns Americans against travelling to Pakistan

January 29, 2026 revoi editor

Virendra Pandit New Delhi: As tensions run high because of the US and Iran threatening each other with an “all-out war,” and the likelihood of this conflict spilling over into neighbouring Pakistan, Washington has warned Americans against travelling to Pakistan, where they “risk kidnapping, terrorism,” the media reported on Thursday. In a travel advisory, […]

Business

Myanmar mafia: China executes 11 members of a cross-border criminals’ family

January 29, 2026 revoi editor

Virendra Pandit New Delhi: In a fresh crackdown on cross-border criminals and mafia, China has executed 11 members of a notorious family that ran scam centres in Myanmar along its north-eastern border, the media reported on Thursday. The Ming family members were sentenced in September 2025 for various crimes including homicide, illegal detention, fraud […]

Business

Economic Survey: In a ‘structurally-changed world,’ India projects 6.8-7.2% growth in FY27

January 29, 2026 revoi editor

Virendra Pandit New Delhi: Amid fast-changing geoeconomics and a “structurally-changed world,” India’s Economic Survey 2026 has projected an impressive growth of 6.8% to 7.2% in the next financial year (2026-27), and laid down a strategic vision for the country. The Indian economy will be driven by a series of regulatory reforms and strong macroeconomic […]

Business

Mother of All Deals: What it is all about?

January 28, 2026 revoi editor

Dr Jagat Shah, Founder of Global Network, an international trade advisory firm, Ahmedabad. Key advantages (principal pros) 1) Scale plus signal value (a de-risking mega-corridor): • It links two very large markets and sends a strong rules-based trade signal at a time when both sides are trying to reduce over-dependence on any single partner. • […]