⭐ HSBC and American Express led foreign banks in net credit card additions in FY25, with HSBC adding 216,997 cards and American Express adding 107,086 cards during the period, Reserve Bank of India (RBI) data shows.

~ During this period, the banking industry added over 8 million credit cards.

# Today's Special

🪧 International Day of Light

📝 Theme - Light, Innovation, Society 

~ International Day of Light is celebrated on 16 May each year, on the anniversary of the first successful laser surgery in 1960 by physicist and engineer, Theodore Maiman

📝 WPI inflation eased to a nine-month low of 0.85% in April, down from 2.05% in March, driven by falling fuel prices and moderated food inflation

# A New Grandmaster is Crowned

🏆 Congratulations to Srihari L R from Tamil Nadu for becoming India’s 86th Chess Grandmaster ! 🇮🇳♟️

# World Food Prize 2025

🏆 Mariangela Hungria, a Brazilian microbiologist, has received the 2025 World Food Prize for her pioneering research in biological nitrogen fixation—a natural method that supports crop growth with reduced reliance on chemical fertilizers. 

🪧 India's April unemployment rate stood at 5.1%, with a slight disparity between men (5.2%) and women (5%). Rural areas outperformed urban centers, showing lower unemployment at 4.5% compared to 6.5%.