1. Import ban on Pakistan
India has barred imports and dockings of Pakistani ships citing national security after militants killed tourists in Pahalgam, prompting Pakistan to halt trade and expel diplomats.
2. Temple stampede kills six
A stampede during a crowded festival at a temple in Uttar Pradesh left six dead and dozens injured, as local authorities face calls for improved crowd management.
3. Military strikes blamed on Pakistan
India’s army launched retaliatory operations against militant bases after a deadly Kashmir attack, officially holding Pakistan responsible for cross‑border terrorism.
4. FM urges U.S. to act on Kashmir attackers
India’s Foreign Minister told Senator Rubio that those behind the Pahalgam attack “must be brought to justice,” seeking U.S. support for a neutral probe.
5. SBI pegs loan growth at 12–13%
State Bank of India plans similar loan‑growth targets for 2025‑26 amid global tariff uncertainty, even as Q4 profit fell nearly 10%.
6. EU trade deal by end‑2025
India and the EU reaffirmed their commitment to conclude a free‑trade agreement by year‑end, aiming to boost goods, services, and investment flows.
7. Zoho shelves $700 M chip plan
Software firm Zoho halted its $700 million semiconductor‑manufacturing project, citing lack of a suitable technology partner another setback for India’s chip ambitions.
8. Manufacturing growth hits 10‑month high
India’s PMI for April rose to its strongest level since June 2024, driven by export orders and production gains.
9. Delhi battered by storms
Heavy rains and gusty winds in New Delhi caused flash flooding, killed four people, and injured others as trees and power lines fell.
10. RBI group backs longer trading hours
A central‑bank working group recommended extending interbank money‑market hours to improve liquidity and align with global practices.
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