Global Indians

Business

Markets: Bourses recover a little but the Indian rupee slips further

May 14, 2026 revoi editor

Virendra Pandit New Delhi: Amid hopes of a thaw in the West Asian war in the context of US President Donald Trump’s China visit, the Nifty50 and the Sensex on Thursday ended sharply higher as gains in pharma, healthcare, and metal stocks supported. The Nifty50 settled 277.00 points or 1.18 per cent up at 23,689.60, and […]

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Business

BRICS FMs: “The West’ false sense of superiority must be shattered,” says Iran

May 14, 2026 revoi editor

Virendra Pandit New Delhi: Iran on Thursday called on BRICS member states to condemn what it called violations of international law by the US and Israel, as India underlined the need to find “practical ways” to better navigate the fallout of geopolitical upheavals and trade disruptions while underlining the critical importance of dialogue and […]

Business

Roving Periscope: Abu Dhabi denies Israeli PM met Prez bin-Zayed during Iran war

May 14, 2026 revoi editor

Virendra Pandit New Delhi: Amid media reports that the UAE and Saudi Arabia also ‘secretly’ attacked Iran during its now stalled war with the USA and Israel, Abu Dhabi has denied that Israeli Prime Minister Benjamin Netanyahu visited the UAE and met its President Shiekh Mohammed bin Zayed Al Nahyan. On Wednesday, in a […]

Book Review

Bullion: To ease pressure on forex, India hikes tariffs on gold, silver to 15%

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Barely 24 hours after Prime Minister Narendra Modi appealed to the people, twice, to postpone gold buying for a year, the Union Finance Ministry raised import duty on precious metals by 15 percent, effective Wednesday, the media reported. According to a government notification, import duty on gold and silver has […]

Business

Energy: India to launch a Rs. 37.5k crore coal gasification plan

May 13, 2026 revoi editor

Virendra Pandit New Delhi: In the backdrop of the global energy crisis, the Union Cabinet on Wednesday approved a Rs. 37,500-crore incentive scheme to promote coal gasification projects, aimed at boosting clean energy production and reducing dependence on forex-guzzling imports, the media reported. “An outlay of Rs 37,500 crore has been kept for this […]

Business

Triplicity: How Pakistan tricked the US, the Saudis, and Iran, but lost to the UAE?

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Even after its near bankruptcy, zero credibility, and military-terror diarchy, Pakistan lost none of its cunningness and exhibited its triplicity to the US, Saudi Arabia, and even Iran during the ongoing West Asian crisis, the media reported. But Islamabad lost the game to the UAE which forced it to repay […]

Business

Roving Periscope: Ahead of the Trump-Xi Summit, China draws “Four Redlines”

May 13, 2026 revoi editor

Virendra Pandit New Delhi: Ahead of US President Donald Trump’s two-day China visit, beginning Wednesday, Beijing has reiterated its position on key issues in bilateral relations with Washington, drawing “four redlines” in bilateral relations that must not be challenged during the superpower summit this week, the media reported. According to the Chinese Embassy in […]

Business

Economy: Moody’s cuts India growth forecast for 2026 to 6%

May 12, 2026 revoi editor

Virendra Pandit New Delhi: Citing subdued private consumption, capital formation, and industrial activity amid higher energy costs cited as reasons, global agency Moody’s Ratings on Tuesday slashed India’s GDP growth forecast for year 2026 by 0.8 percentage points to 6 per cent, the media reported. In its Global Macro Outlook May update, it said […]

Business

Roving Periscope: After PM Modi’s austerity appeal, Kotak warns of the “shock” ahead

May 12, 2026 revoi editor

Virendra Pandit New Delhi: After Prime Minister Narendra Modi’s appeal to the people, twice in two days, to take some austerity measures, leading banker Uday Kotak on Tuesday warned that the global economy is on the verge of a significant “shock” as the delayed consequences of the prolonged US-Iran war are set to kick […]

Business

Roving Periscope: Even on ‘peace proposals’ the US clashes with Iran!

May 11, 2026 revoi editor

Virendra Pandit New Delhi: See the irony: on the 73rd day of the West Asian war, the US and Iraan clashed over the latest ‘peace proposals,’ which President Donald Trump found “totally unacceptable,” and, as is his wont, reiterated his threats and warnings to Tehran umpteenth time. Diplomatic efforts to forge a peace deal […]