The US Federal Reserve kept benchmark interest rates steady but signalled potential cuts later this year amid concerns over tariffs and a slowing economy.

India gets yet another diabetes and obesity management drug- a popular competitor of Ozempic that has been available in India. Watch the video to know the details.

In a widely expected move, the US Federal Reserve has decided to keep its interest rate target range unchanged at 4.25  to 4.5%.

The United States on Wednesday has condemned any instance of violence against minority communities in Bangladesh, backing the measures taken by the interim government to ensure safety.

D Y Chandrachud
Former Chief Justice of India
at the
Business Standard-Seema Nazareth Award for Excellence in Journalism, 2024
(held virtually on March 19, 2025)

Sensex Today | Stock Market Highlights: Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices settled higher by 0.64 percent and 0.70 percent, respectively

Bull, Stock market

Eli Lilly's much-anticipated drug for diabetes and obesity, that competes with Ozempic globally, is now in India. Here's what you need to know

Mounjaro, ELI Lilly

BIS raids Amazon and Flipkart warehouses at multiple locations, seizing substandard toys, blenders, bottles, electric water heaters, and speakers, violating the BIS Act 2016

Bureau of Indian Standards officials, raid

The funds raised will be utilised to enhance its AI-driven mobile app security platform and accelerate product innovation

(L to R) Manish Mimani, founder and CEO, Protectt with team member Mohan Selvaraj

Here are the best of Business Standard's opinion pieces for today

Global banking crisis. Illustration: Binay Sinha

As many as 62 industrial accidents were reported at ordnance factories across the country in 2024, the government informed Parliament on Monday.
Minister of State for Defence Sanjay Seth said this in a written response to a query from Congress MP Randeep Singh Surjewala who sought to know the number of industrial accidents, including blasts, reported at ordnance factories during the past five years.
In his response, the minister shared that 62 accidents were reported at the 41 Ordnance Factories (now DPSUs) in 2024, 75 in 2023, 83 in 2022, 74 in 2021 and 54 in 2020.
The ministry was also asked about the steps taken to provide compensation and support to the families of the deceased and to the injured workers and whether the government was considering any long-term healthcare or rehabilitation support for the injured, especially those who may suffer long-term physical or psychological trauma.
The compensation and support to the families of the deceased workers and to the injured ...

Parliament, New Parliament

The sudden enthusiasm for the businesses of Trump's head of government efficiency has a clear message for India's  billionaires: They're being cut loose

Donald Trump

Under the scheme, incentives will be provided for UPI transactions up to ₹2,000, specifically benefitting small merchants

An organisation representing depositors of the New India Co-Operative Bank, hit by alleged embezzlement of Rs 122 crore, have submitted a petition to the Reserve Bank of India, seeking immediate measures to revive the bank for ending their financial hardships.
In the petition, the organisation said it suspects that "deeper financial irregularities like undisclosed non-performing assets (NPAs) or additional frauds could be contributing to the crisis".
On February 15, the Economic Offences Wing (EOW) of the Mumbai police arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, for allegedly misappropriating Rs 122 crore from the bank.  Two days prior to that, the RBI had imposed several restrictions on the bank, including on withdrawal of funds by depositors, citing supervisory concerns emanating from the developments in the bank, and to protect the interest of its depositors. A day later, it superseded the cooperative bank's board for a year and .

Mumbai: Customers gather at New India Co-operative Bank, in Mumbai, Friday, Feb. 14, 2025. The RBI on Thursday imposed several restrictions on the city-based bank, including on withdrawal of funds by depositors, amid supervisory concerns (PTI Photo)

New India Co-operative Bank

The plan will represent monthly cuts of between 189,000 barrels per day and 435,000 bpd, according to a table on OPEC's web site. The scheduled cuts last until June 2026

opec

The US president offered to help run Ukraine's electricity supply and nuclear power facilities, according to a statement on the call from Marco Rubio and Mike Waltz

Volodymyr Zelenskyy, Zelenskyy

Russian and US experts are due to discuss ways to ensure the safety of shipping in the Black Sea at talks on a possible peace settlement in Saudi Arabia on Monday

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Opec+ issues new plan for oil cuts to compensate for overproduction

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Stock Market Highlights: Sensex up for 4th day, adds 899pts, Nifty at 23,190; all sectors gain

Eli Lilly launches blockbuster anti-obesity drug Mounjaro in India. Prices here

BIS raids Amazon, Flipkart warehouses; over 10,000 uncertified items seized

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