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business

US President Donald Trump

Trump to Apple: ‘Don’t build in India unless it’s for India’

As Apple eyes India to sidestep China, US President warns against shifting US-bound production, claims India offered to scrap all tariffs to lure American giants.

Trade ban on Pakistan

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

New Delhi is eyeing global financial isolation for Islamabad amid rising tensions over Pahalgam terror attack.

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 drug crisis

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.