In January, UPI transactions in India reached a record high of 16.99 billion, with a value exceeding Rs 23.48 lakh crore. UPI remains the dominant digital payment method in India, contributing to 80% of retail payments, with over 641 banks and 80 UPI apps participating in the system.
Prices of chana and tur have dropped by about 25% in two months, falling below the minimum support prices due to duty-free imports and increased local crop arrivals. While wholesale prices of pulses have decreased significantly, retail prices have not seen a proportional decline. Retail chana dal prices fell 4.3% and tur dal prices dropped 12%.
Egg prices in the United States hit an all-time average high of $4.95 per dozen this month, officials have said, with the U.S. Department of Agriculture predicting the price could soar even higher as the year goes on due to the impact of bird flu.
Naperville craft brewers say President Trump's tariff on aluminum could hurt their businesses by increasing the cost for the cans in which they sell their products.
European Commission President Ursula von der Leyen and India's external affairs minister S Jaishankar have discussed advancing the free trade agreement and cooperation in sectors like high technology and climate change. They aim to finalize new strategic agreements, especially as Europe seeks to mitigate risks in its relationship with China.
The head of a federal agency investigating the near-collision at Midway Airport between a Southwest plane and a business jet has said the business jet pilot appeared to fail to follow instructions. “We don’t believe that this was an air traffic control issue,” said Jennifer Homendy, chair of the National Transportation Safety Board, in an […]
President Donald Trump announced plans to impose tariffs on Canada and Mexico starting next Tuesday and to double the 10% tariff on imports from China. He cited the smuggling of illicit drugs, such as fentanyl, into the US as a reason for the tariffs. These measures have caused concerns about inflation and potential impacts on the global economy.