The Reserve Bank of India’s (RBI) updated guidelines for ATM transactions are set to come into effect on May 1. The new framework will bring changes to the free transaction limits, interchange fee structures, and charges for additional transactions.

RBI’s decision to update these guidelines was first communicated on March 28. Customers will be required to pay a fee of ₹23 after they exhaust their free ATM transaction limit each month.

Prime Minister Narendra Modi will not be attending Russia’s Victory Day celebrations scheduled for May 9 in Moscow, Kremlin spokesperson Dmitry Peskov confirmed to Reuters on Wednesday.

While the Kremlin has not disclosed the exact reason behind the Prime Minister’s decision, multiple media reports suggest that India’s decision comes in the wake of heightened security concerns following the terrorist attack in Jammu and Kashmir’s Pahalgam on April 22.

As global tensions between the US and China escalate, Apple is speeding up its plans to relocate its iPhone manufacturing base from China to India. In India, the tech giant has opened new plants and shipments are already underway.

Sources told Reuters that the company is preparing to make India a central hub for iPhone production, especially for the US market.

IndusInd Bank's Managing Director and Chief Executive Officer Sumant Kathpalia has tendered his resignation, the bank said on Tuesday.

This comes after Arun Khurana, Deputy Chief Executive Officer of IndusInd Bank, filed his resignation from the bank yesterday.

Kathpalia takes responsibility for the derivatives accounting lapses.

Prime Minister Narendra Modi on Tuesday chaired a meeting with the top defence establishment, including Defence Minister Rajnath Singh, National Security Advisor Ajit Doval and the chiefs of three services.

Chief of Defence Staff General Anil Chauhan was also part of the meeting, which was held amid India weighing its options for countermeasures following the Pahalgam terror attack which left at least 26 civilians, mostly tourists, dead.

Bihar Chief Minister Nitish Kumar announced a prize money of Rs 10 lakh for the 14-year-old rising sensation Vaibhav Suyravanshi following his record-breaking ton against Gujarat Titans on Monday at the Sawai Mansingh Stadium.

Suryavanshi left an everlasting impression in the history of the T20 format with his grand spectacle at the Sawai Mansingh Stadium. The 14-year-old, who has recently taken baby steps in his career, toyed with GT's bowling unit, boasting 694 international caps.

As the Election Commission works to purify electoral rolls of duplicate entries, sources in the government asserted on Tuesday that Aadhaar sharing by voters on a voluntary basis as prescribed in the law will remain unaltered.

They underlined that sharing Aadhaar details with poll authorities is voluntary under the Election Laws (Amendment) Act, 2021 and it will continue to remain so.

Prime Minister Narendra Modi on Tuesday congratulated Canadian leader Mark Carney on the electoral success of his Liberal Party, emphasising that India and Canada are bound by shared democratic values and "a steadfast commitment to the rule of law".

"Congratulations @MarkJCarney on your election as the Prime Minister of Canada and to the Liberal Party on their victory. India and Canada are bound by shared democratic values, a steadfast commitment to the rule of law, and vibrant people-to-people ties (sic)," PM Modi said in a post on X.

India's financial crime agency has privately sought sales data and other documents from smartphone players including Apple and Xiaomi as part of an investigation into Amazon and Walmart-owned Flipkart, sources familiar with the matter told Reuters.

The agency's queries come in the backdrop of India and the United States nearing a trade deal.

The father of the RG Kar Medical College and Hospital rape and murder victim expressed deep frustration with the Central Bureau of Investigation (CBI) on Tuesday, alleging discrepancies in the agency's reports.

Speaking to ANI, he said, "CBI has presented two drastically different reports in the Calcutta High Court and the Sealdah district Court...

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