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Roving Periscope: US may drop out of Russia-Ukraine ‘peace deal’, says Rubio

April 18, 2025 revoi editor

Virendra Pandit New Delhi: One of US President Donald Trump’s pet projects in the last one year—to stop the ongoing, three-year-long conflict between Russia and Ukraine—may have become unviable on Friday with neither Moscow nor Kyiv evincing interest in going ahead, despite a partial Washington-Moscow deal last month in Saudi Arabia. A frustrated US […]

Business

India’s US outreach: PM Modi dials Elon Musk, to host dinner for V-P JD Vance

April 18, 2025 revoi editor

New Delhi: Days before US Vice-President James David Vance and his India-born wife Usha land in the country on a four-day visit starting April 21, Prime Minister Narendra Modi on Friday dialled Tesla and SpaceX CEO Elon Musk to discuss issues related with technological collaboration and others. “Spoke to @elonmusk and talked about various issues, […]

Business

Economy: “Notable markdowns, but no global recession,” says IMF

April 18, 2025 revoi editor

Virendra Pandit New Delhi: The International Monetary Fund (IMF) has, while remarking that despite “notable markdowns,” are likely, there is no possibility of a global recession. Given the ongoing trade war, some economists fear that a global recession is a distinct possibility, especially because of the tariff war between the two largest economies—the USA […]

Business

Roving Periscope: The Eagle may, after all, force the Dragon to blink first!

April 17, 2025 revoi editor

Virendra Pandit New Delhi: With little tangible results emerging in its trade war against the US, a softening China may start a phased climb down and blink first to arrive at a compromise on tariffs with the world’s largest economy, if only to retain its second place. For now, however, Chinese President Xi Jinping […]

Business

Markets: On the BSE’s 150th anniversary, Sensex zooms 1,500 points; Nifty follows up with 414

April 17, 2025 revoi editor

Virendra Pandit New Delhi: Indian indices on Thursday started low but flew over 1.7 percent with Sensex and Nifty closing up by more than 1,500 and 414 points, respectively, keeping their upward mobility in tune with some other world markets. Incidentally, the BSE on Thursday celebrated its 150th anniversary. The Sensex is the benchmark […]

Business

Roving Periscope: Trump tries to flush out Lib-Dem’s vestiges on varsity campuses

April 16, 2025 revoi editor

Virendra Pandit New Delhi: After facing multiple court cases during the Joe Biden presidency, and still winning the election in November 2024, US President Donald Trump, in his second, non-consecutive term, has now trained his guns on America’s elite educational institutions to flush out the vestiges of the Liberal-Democrat politico-economic “Deep State” that infested […]

Business

Trade war: Now, China faces up to a 245% tariff on some exports to the US

April 16, 2025 revoi editor

Virendra Pandit New Delhi: In their ongoing Game of Chicken, the US has now imposed additional levy, to a total of 245 percent of tariff on some imports from China. The White House said on Tuesday that this step was taken as a result of China’s retaliatory actions, according to the media reports. President […]

Business

Singapore: Parliament dissolved, fresh polls on May 3

April 15, 2025 revoi editor

Virendra Pandit New Delhi: After the dissolution of its parliament, the island nation of Singapore will head to the general elections on May 3, in what will be the first electoral test for its new Prime Minister Lawrence Wong, who came to power in 2024. Voting is compulsory for Singapore’s 2.75 million eligible citizens. […]

Business

Roving Periscope: Sensing trouble within, President Xi sacks PLA’s No 2

April 15, 2025 revoi editor

Virendra Pandit New Delhi: Ever since he got the Communist Party scrap the two-term limit on his presidency in 2018, effectively allowing him to remain in power for life, an insecure Chinese President Xi Jinping has been sacking hundreds of officers at different levels of his government on “corruption” charges to shield his own […]

Business

Markets: Hoping for tariff relief, Indian indices zoom over 2%

April 15, 2025 revoi editor

Virendra Pandit New Delhi: With US President Donald Trump pausing the 26 percent tariff on India for three months, and amid ongoing bilateral trade talks showing positivity, the Indian equity market surged over 2 percent on Monday, bringing cheers back to the Dalal Street in Mumbai. Following President Trump’s comments suggesting the possibility of […]