Consumers in Bengaluru will now have to pay Rs 700 per litre for Nandini ghee after the Karnataka Milk Federation (KMF) announced a price hike of Rs 90 per litre. KMF officials stated that the decision was driven by rising costs in the global market. They added that while international demand continues to push prices upward, Nandini ghee still remains among the most affordable, and the revision was essential to align with global trends and ensure financial sustainability.
RBI likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...
