Important Stories

Business

Roving Periscope: In his Venezuela II attempt, Trump targets Cuba’s Raul Castro

May 21, 2026 revoi editor

Virendra Pandit New Delhi: Before annexing a “pro-China” Venezuela in January 2026 and capturing its President Nicolas Maduro and his wife, Donald Trump plotted meticulously against the Latin American strongman, indicting him in alleged narco-terrorism cases, running covert operations against him, and more. Now, following the same script, the Trump administration has accused former […]

Business

Putin in China: Xi may do unto Vladimir what he did to Donald!

May 20, 2026 revoi editor

Virendra Pandit New Delhi: Days after US President Donald Trump returned from China rather ‘disappointed’ Chinese President Xi Jinping may be doing to his Russian counterpart Vladimir Putin, who arrived in Beijing for a three-day visit on Tuesday, as well. In recent months, America and Russia have come closer than before; Washington no longer […]

Business

Economy: The UN lowers India’s growth to 6.4%; still among fastest growing economies

May 20, 2026 revoi editor

Virendra Pandit New Delhi: Citing global uncertainties and economic shocks arising from the ongoing West Asia crisis, the United Nations has revised downward India’s economic growth forecast for 2026 to 6.4 per cent from its earlier projection of 6.6 per cent, but the South Asian nation remains among the fastest-growing major economies, the media […]

Business

Roving Periscope: Befuddled, Trump sends Rubio to India to repair ties

May 20, 2026 revoi editor

Virendra Pandit New Delhi: His threats to NATO and Iran remained empty. His much-publicized visit to China yielded little. His poodle, Pakistan, has been sneezing in hot summer. Few now take him seriously even at home, and his popularity ratings have plummeted to just 37 percent. Even the Supreme Court has junked many of […]

Business

Roving Periscope: UPI the winner; debit cards lose sheen; RTGS the boss!

May 19, 2026 revoi editor

Virendra Pandit New Delhi: Within a decade of its launch, India’s Unified Payments Interface (UPI) has almost pushed out the ‘traditional’ debit card from general use and the new, QR code-based system now powers 85 per cent of all payments, the media reported on Tuesday. While the UPI dominates daily transactions, debit cards are […]

Business

The Rupee: External headwinds plunge the Indian currency to Rs. 96.53/USD

May 19, 2026 revoi editor

Virendra Pandit New Delhi: On the sixth consecutive day, as external headwinds continued to roil world markets, the Indian rupee plunged further to a record low of Rs.96.53 per US dollar on Tuesday. Since the US and Israel attacked Iran on February 28, starting the poly-crises in West Asia and elsewhere, the Indian currency […]

English

Russia attacks Ukraine’s Danube port city, Ukraine launches drones towards Moscow

May 19, 2026 revoi editor

Moscow: A Russian air attack damaged port infrastructure in Ukraine’s Izmail city in the early hours of Tuesday, while Russian authorities said they had downed four drones launched by Ukraine that were headed towards Moscow. Izmail, home to the largest Ukrainian port on the Danube River, is a frequently hit strategic location. “Port infrastructure facilities […]

Business

Roving Periscope: After Trump’s ‘failed’ China visit, Putin to meet Xi

May 18, 2026 revoi editor

Virendra Pandit New Delhi: Four days after US President Donald Trump ended his rather ‘unproductive’ visit to China, Russian leader Vladimir Putin will meet Chinese President Xi Jinping in Beijing this week, the media reported on Monday. Ahead of the Russian President’s two-day visit from Tuesday, Xi and Putin exchanged “congratulatory letters” on Sunday, […]

Business

Energy: Govt. directs banks, financial bodies, and insurance firms to shift to VCs, EVs

May 18, 2026 revoi editor

Virendra Pandit New Delhi: The Union Finance Ministry has directed state-run banks, insurers and financial institutions on Monday to implement cost-cutting measures, including sharp curbs on travel and a phased transition to electric vehicles and video conferencing, the media reported. The directive, part of a broader austerity push, will cover institutions like the State […]

Business

The Rupee: Amid geodynamic turbulence, the Indian currency slides to 96.34/USD

May 18, 2026 revoi editor

Virendra Pandit New Delhi: As West Asia fears regathering of the war clouds, surging global bond yields, elevated energy prices, and the resultant geoeconomic turbulence, the Indian rupee on Monday hit a fresh low of 96.34 per US dollars, the media reported. With this fresh slide, the Indian currency has slumped 2 per cent […]