Political

Business

Markets: Promising stability, post-poll results make Sensex and Nifty zoom over 1%

November 25, 2024 revoi editor

Virendra Pandit   New Delhi: After the Maharashtra Assembly results promised political and economic stability in the financial capital of India, which beat anti-incumbency fears, and positive global indications, the South Asian nation’s stock markets zoomed over 1 percent on Monday and the Indian rupee appreciated over 10 paise to the US dollar. The stock […]

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Business

Roving Periscope: ICC’s warrant against Netanyahu divides the West and its allies

November 23, 2024 revoi editor

Virendra Pandit   New Delhi: The International Criminal Court (ICC)’s arrest warrant against Israeli Prime Minister Benjamin Netanyahu and his former Defence Minister Yoav Gallant for alleged war crimes and human rights violations in Gaza has divided the West and its allies, including members of the North Atlantic Treaty Organization (NATO). While some members of […]

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Business

Sri Lanka: IMF approves third review of a $ 2.9 bn bailout, but warns of risks ahead

November 23, 2024 revoi editor

Virendra Pandit   New Delhi: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s USD 2.9 billion bailout package on Saturday but warned that the South Asian nation’s economy remains vulnerable, the media reported.  Cash-strapped Sri Lanka plunged into a severe financial crisis in 2022, the worst since its independence from the […]

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Business

Roving Periscope: Now, Canada says PM Modi, others “not involved” in Nizzar killing

November 22, 2024 revoi editor

Virendra Pandit   New Delhi: After flexing muscles for over a year at the behest of the outgoing US Democrats,’ and political reverses at home, Canada has denied a media report that linked top Indian leaders to criminal activities, including the murder of Khalistan terrorist Hardeep Singh Nijjar on Canadian soil in June 2023. Nathalie […]

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Business

The Gaza War: Hungarian PM supports Bibi, junks ICC’s warrant

November 22, 2024 revoi editor

Virendra Pandit   New Delhi: A day after the International Criminal Court (ICC) issued warrants against Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant, accusing them of crimes against humanity related to the ongoing Gaza War, Hungarian PM Viktor Orban defied the warrant and even invited his Israeli counterpart to Budapest. The […]

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Elections

Markets: Heading into Trump II era, bourses bounce back; Sensex, Nifty up 2%

November 22, 2024 revoi editor

Virendra Pandit   New Delhi: As Thursday’s market tremors, triggered by a report about a US probe into Adani Group in an alleged bribery case, calmed, the Indian bourses bounced back after several days of market corrections and Sensex and Nifty settled more than 2 percent on Friday, demonstrating investors’ overall confidence in the rising […]

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Business

Roving Periscope: Ukraine claims Russia fired n-capable ICBM

November 21, 2024 revoi editor

Virendra Pandit   New Delhi: Ukraine on Thursday claimed that Russia fired a nuclear-capable Inter-Continental Ballistic Missile (ICBM) inside it, but Moscow said it had “nothing to say.” Ironically, Russia did not even deny it! Maybe, it also revelled in the confusion. Did Ukraine, therefore, parrot what its Western handlers asked it to? Russia may […]

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Business

Benefits of digitalization: Drive removes 58 million fake ration cards from PDS

November 20, 2024 revoi editor

Virendra Pandit   New Delhi: India’s massive digitization push has transformed the South Asian country’s Public Distribution System (PDS), setting new benchmarks for food security programs globally, the Union Food Ministry said on Wednesday. The overhaul of the PDS, which serves 80.6 crore beneficiaries, has led to the removal of 5.8 crore fake ration cards […]

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Business

Economy: GDP growth may slip in Q2FY25 but pickup later, says ICRA

November 20, 2024 revoi editor

Virendra Pandit   New Delhi: India’s rating agency ICRA, an affiliate of Moody’s, on Wednesday said the country’s real GDP growth in Q2FY25 is likely to decline to 6.5 percent because of heavy rains and weaker corporate performance during the second quarter (July-September) of 2024-25. The agency, however, maintained its overall FY25 growth estimate at […]

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Business

Roving Periscope: Bibi offers $5m for the release of each Israeli hostage from Gaza

November 20, 2024 revoi editor

Virendra Pandit   New Delhi: Two months ahead of Donald Trump retaking the White House and potentially changing the contours of the ongoing war in the Middle East (and Ukraine), Prime Minister Benjamin Netanyahu on Tuesday announced a USD 5 million reward for the release of each of the remaining Israeli hostages, still held captive […]

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