April 25, 2026 8:38 AM

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Government Increases Wheat Procurement Target at Minimum Support Price by 15%

The Central Government has increased its wheat procurement target at the Minimum Support Price (MSP) by 15 per cent to 34.5 million tonnes for the current season, up from the earlier plan of 30 million tonnes. Food Secretary Sanjeev Chopra said the decision aims to support farmers whose crops have b...

April 25, 2026 7:59 AM

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Foreign Exchange Reserves Rise by $2.3 Billion to Cross $703 Billion: RBI Data

Country foreign exchange reserves rose by 2.3 billion US dollars, reaching over 703 billion dollars for the week ending 17th of April. According to the Reserve Bank of India, foreign currency assets, the largest component of the reserves, increased by 1.48 billion to over 557 billion US dollars duri...

April 25, 2026 7:54 AM

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Reserve Bank of India Cancels Banking Licence of Paytm Payments Bank

The Reserve Bank of India has cancelled the banking licence issued to Paytm Payments Bank Limited. In a statement, RBI said the bank is prohibited to conduct any business from immediate effect. The apex bank has however clarified that Paytm Payments Bank Limited has enough liquidity to repay its ent...

April 25, 2026 1:52 PM

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Iran FM Abbas Araghchi Lands in Islamabad with Delegation Amid Renewed Peace Push

Iranian Foreign Minister Abbas Araghchi arrived at Islamabad in Pakistan late last night with a senior delegation, signalling renewed diplomatic efforts to revive stalled negotiations between Tehran and Washington to end the war in West Asia. The Iranian delegation includes spokesperson for Iran’s F...