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Posted on June 12, 2025

Finance Ministry Junks Reports Claiming Imposition Of MDR on UPI Payments

Digital transactions in India have surged, largely due to the Unified Payments Interface (UPI). Recent reports suggested that the government might reintroduce the Merchant Discount Rate (MDR) for UPI ...

Posted on June 12, 2025

India’s inflation falls to 2.82% in May in longest run below target in 6 years

India’s retail inflation stayed below the Reserve Bank’s 4% target for the fourth straight month in May on easing food prices, reinforcing the case for last week’s surprise 50 basis point interest ...

Posted on June 12, 2025

Trump’s ‘done’ deal with China just brings tariffs back to Liberation Day levels

Trump announced that the U.S. would charge a 55% tariff on Chinese goods, while Beijing would impose a 10% tariff on U.S. goods. He also proclaimed that China will continue to export magnets and rare ...

Posted on June 12, 2025

Trump’s ‘done’ deal with China just brings tariffs back to Liberation Day levels

Trump announced that the U.S. would charge a 55% tariff on Chinese goods, while Beijing would impose a 10% tariff on U.S. goods. He also proclaimed that China will continue to export magnets and rare ...

Posted on June 12, 2025

Map Shows Global Reach of China Aid Money

China has issued over $1 trillion in loans and grants for tens of thousands of projects across the developing world.

Posted on June 12, 2025

Photos from the plane crash site in Ahmedabad, India

An Air India passenger plane bound for London with more than 240 people on board crashed Thursday in India’s northwestern city of Ahmedabad, the airline said.

Posted on June 12, 2025

Live Updates: Passenger Plane Crashes in Western India

Air India Flight 171 crashed in the city of Ahmedabad shortly after taking off for London Gatwick Airport. There was no immediate information about the number of people onboard.

Posted on June 12, 2025

Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India

There were 242 passengers and crew aboard the Boeing 787 Dreamliner. Air India Flight 171 crashed shortly after takeoff from Ahmedabad, according to preliminary flight-path data. An Air India Boeing ...

Posted on June 12, 2025

China ready to drop all tariffs on African imports

China has said it is ready to drop the tariffs it charges on imports from all 53 African countries with which it has diplomatic relations. The move, announced at a China-Africa co-operation meeting, ...

Posted on June 12, 2025

Live Q&A: Unpacking the US-China ‘Done’ Trade Deal

Bloomberg reporters unpack the latest round of high-stakes trade talks between the US and China, exploring why Beijing may still have the upper hand. They answer your questions on what's next in the ...

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