Political

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 […]

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, […]

Business

Roving Periscope: Despite Trump’s tariffs, India to push growth story ahead

April 7, 2025 revoi editor

Virendra Pandit New Delhi: While some economists insist that the Trump tariffs could slow down India’s growth by 20 to 40 basis points in 2025-26 amid the ongoing global disruptions, the Union Finance Ministry believes India is likely to meet its projected growth target of 6.3 percent to 6.8 percent in FY26, The higher […]

Business

Markets: Trump tariffs roil world bourses; Sensex, Nifty tank 3% on “Black Monday”

April 7, 2025 revoi editor

Virendra Pandit New Delhi: As the world economy and markets plunged southward after US President Donald Trump’s latest round of ‘reciprocal tariffs,’ the Indian equity markets on “Black Monday” markets reacted negatively with Sensex and Nifty sinking precipitously by 3 percent, the media reported. Even as anti-Donald Trump demonstrations across the US, Europe, and […]

Business

Neighbours: India, Sri Lanka ink pacts for defense, energy cooperation

April 5, 2025 revoi editor

Virendra Pandit New Delhi: For the first time, India and Sri Lanka signed an ambitious defence cooperation pact on Saturday, with Prime Minister Narendra Modi outlining a broader roadmap for deeper bilateral cooperation. The pact asserts that the security of the two neighbours is interlinked and interdependent. According to a media report, the defense […]