business

Retail inflation in India eases to 3.16% in April, driven by falling food costs

Retail price growth remained below the RBI’s 4% target for the third straight month, as rural and urban inflation both declined and food categories like vegetables and pulses saw sharp drops.

Markets surge over 2% as India-Pakistan ceasefire and US-China trade agreement fuel investor optimism

India tightens trade noose on Pakistan: $500 million indirect imports blocked in sweeping ban

India hits Pak again, bans all imports from there with immediate effect

ATM charges hiked to ₹23 after free limit from May 1

The new ₹23 fee applies after exceeding monthly free ATM transactions; RBI also allows ATM networks to set interchange fees for cross-bank ATM usage.

Pakistan faces critical drug supply crisis as trade with India suspended

Relying on India for 30-40% of vital pharmaceutical raw materials including crucial Active Pharmaceutical Ingredients (API) and advanced therapeutic products, the country enforces emergency measures to safeguard its drug supply.

RBI acquires 57.5 tons of gold in FY25 amid global financial instability

RBI’s acquisition strengthens its reserves, reflecting a global trend among central banks to hedge against inflation and dollar volatility amid financial market instability.

Gold breaks ₹1 lakh barrier for first time as global turmoil fuels surge

Surging global prices, Trump’s Fed overhaul plan, and a tumbling dollar drive historic rally in the yellow metal.

China raises stakes in trade war, warns nations against striking deals with US

China warns that any nation making trade agreements with the US at its expense will face consequences, stressing that such actions will ultimately harm both sides of the deal.

Maharashtra State Contractors Association

Contractors take Maharashtra Govt to court over ₹89,000 crore in unpaid dues

Petitions will be filed in Mumbai, Nagpur, and Sambhajinagar as critical infrastructure work stalls across the state, according to Maharashtra State Contractors Association.