Global Indians

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 […]

Business

Indirect taxes: In FY26, govt exceeds targets, collects over Rs. 15.52 trillion

April 2, 2026 revoi editor

Virendra Pandit New Delhi: The Government of India has marginally exceeded the indirect tax collection target for the previous fiscal year (2025-26), the media reported on Thursday. The total indirect tax collection, which includes customs, excise and GST, as per Revised Estimates (RE) was pegged at over Rs.15.52 lakh crores for FY26. This includes […]

Business

Roving Periscope: Trump dubs NATO a “paper tiger,” says the US may pull out!

April 1, 2026 revoi editor

Virendra Pandit New Delhi: Utterly frustrated, even shocked, at European ‘allies’ rejecting his appeal to join the US-Israeli war against Iran, President Donald Trump has criticised the North Atlantic Treaty Organization (NATO) as “cowards” and a “paper tiger,” and said he was considering pulling out of the military alliance formed in April 1949 primarily […]

Business

Markets: Amid war and hope, FY27 begins with Sensex, Nifty gaining over 1.5%

April 1, 2026 revoi editor

Virendra Pandit New Delhi: Hours before US President Donald Trump’s scheduled address to his nation on the ongoing Iran war, the new financial year in India (2026-27) began on an optimistic note on Wednesday, with key benchmark indices, Sensex and Nifty50, gaining over 1.5 percent in tandem with a sharp rally in global markets […]