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India and Russia have steady, time-tested partnership: MEA

August 2, 2025 revoi editor

Lauding ties between India and Russia, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Friday said that the two nations have a “steady and time-tested partnership”. While addressing a weekly media briefing in New Delhi, Jaiswal noted that India’s ties with any nation stand on their own merit and should not be seen through […]

Business

Roving Periscope: Trump’s tariff terror hits many nations, but markets resilient

August 1, 2025 revoi editor

Virendra Pandit New Delhi: US President Donald Trump’s latest wave of import duty on exports from several trading partners, including India, Brazil, Canada, and Taiwan, on Friday slightly impacted markets on Friday as some countries tried to clinch better deals, the media reported. His new tariff rates include a 35 percent duty on many […]

Business

Trump issues executive order formalising India’s tariff at 25 percent

August 1, 2025 revoi editor

As the deadline for tariffs neared, US President Donald Trump imposed the threatened tariff of 25 percent on India starting Friday as the prolonged negotiations appeared to have stalled. His executive order, issued late Thursday, did not include penalty tariffs on buying Russian energy or for BRICS membership, which he had also threatened. When Trump […]

Business

Japanese banks’ investments in India growing stronger: Envoy

August 1, 2025 revoi editor

Japanese Ambassador to India, Ono Keiichi, on Friday said he had a detailed conversation with Reserve Bank of India (RBI) Governor Sanjay Malhotra on the expanding role of Japanese banks in India’s economy. In a post on social media platform X (formerly Twitter), the envoy highlighted that the meeting focused on the expansion of Japanese […]

Business

CEO Tim Cook says Apple ready to open its wallet to catch up in AI

August 1, 2025 revoi editor

Apple CEO Tim Cook signalled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centres or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as Microsoft and Alphabet’s Google, both of which have attracted hundreds […]

English

CBI secures deportation of fugitive Udit Khullar from UAE in Rs 4.5 crore bank fraud case

August 1, 2025 revoi editor

In a major breakthrough in an ongoing financial fraud investigation, the Central Bureau of Investigation (CBI) has secured the deportation of Udit Khullar, a fugitive wanted in connection with a ₹4.55 crore bank fraud case, from the United Arab Emirates (UAE). Khullar, who had been absconding and was geo-located in the UAE, was brought back […]

Business

Crude: With low discounts, India reducing Russian oil imports

August 1, 2025 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump slapping high tariffs left, right, and centre, and Russian discounts on crude falling, India is gradually reducing imports from Russia, indicating a calibrated move to look for other resources. Russia is the largest oil supplier to India, accounting for about 35 percent of India’s overall […]

Business

Manufacturing to research, India playing key role in new foldable series: Samsung

August 1, 2025 revoi editor

From local manufacturing to research and development, India has a significant role in the development of the new foldable series, JB Park, President and CEO, Samsung Southwest Asia, said on Friday. According to him, the company engineers from the Bengaluru R&D facility have contributed significantly to the development of the new Z Fold7 and the […]

English

Pakistan jails more than 100 members of ex-PM Imran Khan’s party for 2023 riots

August 1, 2025 revoi editor

A Pakistani anti-terrorism court on Thursday sentenced more than 100 members of jailed former Prime Minister Imran Khan’s party to prison terms on charges related to riots that targeted military sites in 2023, a court order said. Fifty-eight of the defendants, who included parliamentarians and senior officials, were sentenced to 10 years in prison, and […]

English

Terror-Funding: FATF Delegation to Visit Pakistan in August

July 31, 2025 Editor In Chief

NEW DELHI, July 31: A delegation from the Financial Action Task Force (FATF), along with the Asia Pacific Group (APG), is likely to visit Pakistan in August for monitoring and evaluation review following multiple complaints to FATF regarding Islamabad’s alleged role in terror financing and the resurgence of grey money markets. A senior FATF source […]