Political

Economy

Monetary policy: RBI retains repo rate at 5.25%, raises NRI, OCI investment limits

June 5, 2026 revoi editor

Virendra Pandit New Delhi: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced the decision of the central bank’s Monetary Policy Committee (MPC), keeping the repo rate unchanged at 5.25%, as it adopted a cautious approach in view of the ongoing West Asian conflict posing challenges for inflation as well as economic […]

Business

Economy: ‘India to remain the fastest growing major economy for 20 years’

June 4, 2026 revoi editor

Virendra Pandit New Delhi: Union Commerce and Industry Minister Piyush Goyal on Thursday said India will continue to remain the world’s fastest-growing major economy for the next two decades, driven by strong fundamentals, manufacturing growth, and rising global investor confidence, the media reported. “I have no hesitation in assuring all the friends at the […]

Business

Roving Periscope: House curbs his powers on $100 bn Iran war; will Trump follow Congress ‘orders?’

June 4, 2026 revoi editor

Virendra Pandit New Delhi: In a perceived setback to President Donald Trump, the House of Representatives, with a roll call of 215-208, approved a war powers resolution on Wednesday to halt the ongoing military action in Iran. The resolution will now go to the Senate, the Upper House of the US Congress, for likely […]

Bengaluru: Swearing-in ceremony of Karnataka CM-designate D.K. Shivakumar

English

DK Shivakumar sworn in as Karnataka CM; New Cabinet Begins Taking Shape

June 3, 2026 revoi editor

Bengaluru[Karnataka]: Congress leader D.K. Shivakumar was sworn in as the 34th Chief Minister of Karnataka on Wednesday at a ceremony held at Lok Bhavan in Bengaluru, marking a significant leadership transition in the state. Senior Congress leader G. Parameshwara also took oath as the Deputy Chief Minister. Shivakumar took the oath of office while carrying […]

Business

Roving Periscope: Iran attacks the US, allies; Russia intensifies Ukraine war; Israel busy in Lebanon!

June 3, 2026 revoi editor

Virendra Pandit New Delhi: As a mourning Iran prepared for the burial of the deceased Supreme Leader Ayatollah Ali Khomeini after nearly three months of his death, the US said his son, Mujtaba, the new Supreme Leader, is alive and ‘increasingly engaging’ while it continued strikes on Iranian assets on the 96th day of […]

Business

Tariffs: The US proposes more import duties on 54 countries, including India

June 3, 2026 revoi editor

Virendra Pandit New Delhi: The United States Trade Representative (USTR) has proposed slapping 12.5% additional import duties on 54 countries, including India, for allegedly “failing to prohibit the import of goods produced with forced labour.” The action follows investigations launched against 60 countries over what the USTR described as their failure to impose and […]

Business

Forex reserves: FinMin denies reports that RBI sold gold worth $12 bn

June 3, 2026 revoi editor

Virendra Pandit New Delhi: The Union Finance Ministry on Wednesday rejected reports in a section of the media that the Reserve Bank of India (RBI) sold gold reserves worth USD 12 billion to shore up the country’s foreign exchange reserves. Official data from the RBI’s Annual Report for 2025–26 shows that gold holdings actually […]

Business

Weather: El Nino is warming oceans rapidly, says WMO

June 2, 2026 revoi editor

Virendra Pandit New Delhi: The World Meteorological Organisation (WMO) sees 80% chance of El Niño’s impact unfolding by August, and the chances of the drought-bearing weather persisting beyond November exceed 90%, the media reported on Tuesday. The WMO is a specialized agency of the United Nations responsible for promoting international cooperation on atmospheric science, […]

Business

Performance: Adani Group capex Rs. 2.53 trillion; all-time EBIDTA at Rs.94.8k crore in FY26

June 2, 2026 revoi editor

Virendra Pandit New Delhi: Ahmedabad-based conglomerate Adani Group’s companies have reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, underscoring an accelerating infrastructure expansion cycle while maintaining leverage below its stated target. The […]

Business

Roving Periscope: Trump’s ‘mock fight’ with Bibi; Iran war, talks, on

June 2, 2026 revoi editor

Virendra Pandit New Delhi: Confusion confounded in West Asia. Iran, which called off peace talks with the US, is not buying the ‘mock fight’ between President Donald Trump and Israeli Prime Minister Benjamin “Bibi” Netanyahu and is ready to target more American allies in West Asia, even as it resumed both attacks on the […]