The Reserve Bank of India (RBI) is working to improve the financial system by expanding access, improving efficiency, and strengthening resilience in a changing economic landscape, said Governor Sanjay Malhotra on Tuesday.

“We at the Reserve Bank remain fully prepared to meet all challenges and seize all opportunities,” he said at the 90th commemoration ceremony of the central bank in Mumbai.

US President Donald Trump said that India plans to significantly lower its tariffs before the April 2 deadline for reciprocal tariffs. "India is going to be dropping its tariffs substantially," Trump said.


During a press briefing in the Oval Office, Trump said, "I think a lot of them (countries) will drop their tariffs because, you know, they have been unfairly tariffing the United States for years.

Aditya Birla Real Estate Limited (ABREL), the realty arm of the Aditya Birla group, on Monday said it got board approval for selling its pulp and paper businesses to ITC for Rs 3,498 crore via a slump sale.

According to the business transfer agreement, Century Pulp and Paper (CPP), situated in Lalkuan, Uttarakhand, will be divested and sold to ITC, as a value unlocking exercise for its shareholders.

Vodafone Idea (Vi) said on Sunday that the government will convert its outstanding spectrum auction dues into equity shares worth ₹36,950 crore, increasing its stake in the beleaguered telecom company from 22.6 per cent to approximately 49 per cent.

The government is now the single-largest shareholder in the telecom firm.

Commerce and Industry Minister Piyush Goyal on Saturday said a German company from the chemical sector has decided to invest $1.5 billion in India, and a state has identified land for the project.

Though the minister did not disclose the name of the company or the state, he said that the company's head is expected to meet the state's chief minister on Sunday.

As hundreds of party workers staged massive protests across Tamil Nadu on Saturday, Chief Minister and DMK president M K Stalin accused the BJP government at the Centre of being "unconcerned" over the plight of the MGNREGA workers.

Flaying the BJP government for not releasing the salaries due for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers, he said they don't like Mahatma Gandhi and the 100 days work scheme named after him.

US President Donald Trump has once again expressed admiration for Indian Prime Minister Narendra Modi, calling him a “great friend” and a “very smart man.” Speaking at the White House, Trump highlighted the strong relationship between the two leaders and praised India’s economic acumen, even as he reiterated concerns about the country’s high tariffs. Despite ongoing trade tensions, he voiced confidence that negotiations would lead to a positive outcome for both nations.

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.

Both companies are privately held, which means they are not required to disclose their finances to the public.

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.

Customers are eligible for five free transactions (inclusive of financial and non- financial transactions) every month from their own bank Automated Teller Machines (ATMs).

A 7.7-magnitude earthquake struck Myanmar on Friday, killing at least 694 people and injuring over 1,670. With rescue operations still underway, the toll is expected to rise significantly. The earthquake also caused destruction in neighbouring Thailand, where a high-rise building under construction collapsed in Bangkok, killing at least six people.

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