Make `black` compatible with `ruff` configuration

[purva-thakre]

black is a popular formatter for python projects. New contributors will resort to black.

Instead of having to comment black configuration is incompatible with ruff configuration for this project, add a config for black.

https://docs.astral.sh/ruff/faq/#is-the-ruff-linter-compatible-with-black
https://black.readthedocs.io/en/stable/usage_and_configuration/the_basics.html#configuration-via-a-file

[purva-thakre]

Closing this 1 option because the known deviations do cause issues with ruff and pylint.

https://docs.astral.sh/ruff/formatter/black/

For example, when black moved a docstring to the same line, it did not remove the quotes. Currently, linked PR fails due to below:

[purva-thakre]

Closing this due to #397 (comment)