International

Business

Markets: Tariff pause, trade negotiations push equity markets up

April 11, 2025 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump pausing his steep ‘reciprocal tariffs’ on all imports for 90 days and India’s ongoing trade negotiations showing positivity, benchmark Sensex and Nifty indices rallied nearly 2 percent on Friday as metal stocks shone, the media reported. The BSE Sensex surged 1,620 points or 2.2 percent […]

Business

Bangladesh: Islamist court issues fresh arrest warrant for Hasina, her daughter

April 10, 2025 revoi editor

Virendra Pandit New Delhi: An Islamist-influenced court on Thursday issued a new arrest warrant against Bangladesh’s ousted Prime Minister Sheikh Hasina Wajed, her daughter Saima Wajed Putul, and 17 others in an alleged case of corruption, accusing them of procuring a residential plot through “fraudulent” means. On Thursday, Dhaka Metropolitan Senior Special Judge Mohammad […]

Business

Roving Periscope: Trump apes Mao to corner China, keep others on tenterhooks

April 10, 2025 revoi editor

Virendra Pandit New Delhi: To corner China, US President Donald Trump, who boasts of making successful deals all his business life, may be following Mao Zedong’s strategy of “two steps forward, one back.” By suddenly pausing implementation of his tariff terror for three months, and pushing the import duty against Beijing further up to […]

English

Tit for Tat: India Cancels Transhipment Facilities for Bangladesh Cargo

April 9, 2025 Editor In Chief

Manas Dasgupta NEW DELHI, Apr 9: In an apparent move to hit back Bangladesh against its chief advisor Mohammad Yunus’ invitation to China to extend its economy into the strategically important Northeast India region, New Delhi has terminated the transhipment facility for Bangladesh’s export cargo to third countries using Indian land customs stations en route […]

Business

Defense: India clears Rs. 63,000 crore Rafale deal with France

April 9, 2025 revoi editor

Virendra Pandit New Delhi: India will buy 26 Rafale M fighter jets for the Indian Navy in a record government-to-government deal worth over Rs 63,000 crore, the media reported on Wednesday. This will be the first significant upgrade of the Indian Navy’s fighter jets (marine variants). The purchase was first considered in July 2023, […]

Business

An eye for an eye: The US, China shoot tariff ‘ICBMs’ against each other

April 9, 2025 revoi editor

Virendra Pandit New Delhi: It was as if written on the Great Wall of China. Almost. When US President Donald Trump slapped an additional 50 percent tariff on China on Tuesday, raising the total import duty to a whopping 104 percent, it was clear Beijing will respond in kind to this latest Washington onslaught. […]

Business

Roving Periscope: India too big for the US to use against China, says UN advisor

April 9, 2025 revoi editor

Virendra Pandit New Delhi: America’s well-known economist and UN advisor Jeffrey Sachs believes India is too large a country for the United States to use its trade adversary China, the media reported on Wednesday. Interestingly, China, which has been dumping its products in India and other countries, and violating the World Trade Organization (WTO) […]

Business

Markets: Amid US-China trade war, RBI’s rate-cut, bourses get bruises, again

April 9, 2025 revoi editor

Virendra Pandit New Delhi: As US President Donald Trump and his Chinese counterpart Xi Jinping intensified their ongoing trade war, India’s central bank cut interest rates and tried to provide some relief to home and automobile loanees, while the volatile equity markets ended, again, in the red, the media reported on Wednesday. Hours after […]

Business

South Korea; Snap polls on June 3 to elect a new President in a ‘headless’ country!

April 8, 2025 revoi editor

Virendra Pandit New Delhi: A virtually ‘headless’ South Korea, on Tuesday, officially set June 3 for a snap presidential election, triggered by last week’s sacking of Yoon Suk Yeol from the highest office and his impeachment upheld by both parliament and the top court for alleged misuse of office and corruption. With the announcement […]

Business

Markets: With cautious optimism, Sensex, Nifty recover, gain 1.5%

April 8, 2025 revoi editor

Virendra Pandit New Delhi: Sensing that the escalating tariff war between the US and China could benefit India, equity markets, which suffered a massive 3 percent loss on Monday, bounced back on Tuesday as investors tried to heave a sigh of relief amid a raging financial market tsunami worldwide. Benchmark indices Sensex and Nifty, […]