Sun May 18 05:10:00 UTC 2025: Okay, here’s a news article summarizing and incorporating the key information from the text:
**Hyderabad Fire Claims 17 Lives; Government Announces Relief**
**Hyderabad, India** – A devastating fire in Gulzar House, near Charminar, Hyderabad, claimed the lives of at least 17 people on Sunday morning. The blaze broke out around 6:30 AM, trapping residents and causing widespread panic.
Prime Minister Narendra Modi expressed deep sorrow over the tragedy, announcing an ex-gratia payment of ₹2 lakh from the Prime Minister’s National Relief Fund (PMNRF) to the families of the deceased and ₹50,000 for the injured.
Telangana Chief Minister A. Revanth Reddy also conveyed his shock and directed officials to prioritize rescue efforts and provide immediate medical assistance to the injured.
Union Minister G. Kishan Reddy, after visiting the site, stated that authorities were still confirming the exact number of casualties, noting that some children were reportedly among the dead.
The incident comes amidst a flurry of business and financial news. Moneycontrol.com reports updates on the stock market, including top gainers and losers, along with insights into the crypto market. The website also highlights India’s Largest Regional Retail Option Traders Summit (BOTS), an event organized by Traders Gurukul held monthly across India’s top cities. BOTS provides users with easy access navigation and enable create a new revenue line by generating leads of potential customers for brokers in a more integrated manner.
Moneycontrol continues to provide real-time updates on business, finance, and the economy, including Budget 2025 news, Sensex and Nifty movements, and personal finance advice.
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