US Federal Reserve chief Kevin Warsh US Federal Reserve Chair Kevin Warsh-led Federal Open Market Committee (FOMC) on Wednesday hiked the key interest rate to 3.75%-4% target range. This is the first interest rate hike since 2023.“The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4...
Category: News
UPI charges row: Chidambaram among 5 Congress MPs who had backed revenue framework
Former finance minister P Chidambaram NEW DELHI: As Rahul Gandhi stepped up his criticism of the government over the MDR announcement and demanded its rollback, calling it a “UPI tax”, a Standing Committee on Finance report had earlier emphasised the need for a viable revenue mechanism to ensure the UPI ecosystem remains financially sustainable without...
88 lakh diyas to light up Gujarat for PM Modi’s birthday today
The main event will be held at Kankaria Lakefront AHMEDABAD/GANDHINAGAR: More than 88 lakh earthen lamps will illuminate over 18,500 locations across Gujarat on Thursday as part of the ‘Aashirvad No Divdo’ programme being organised under the month-long ‘Seva Ane Sankalp Abhiyan’ to mark Prime Minister Narendra Modi’s 76th birthday and commemorate his 25 years...
Houthis claim to have shot down Saudi F-15 jet with ‘locally-made’ missile – video
Houthis Release Claimed Shootdown Footage Yemen’s Houthi rebels on Wednesday released footage allegedly showing a Saudi F-15 being hit by a missile over Marib province, followed by images of what the group claimed was the fighter jet’s wreckage at a desert crash site.The footage came as Saudi Arabia faced heightened security concerns over potential threats...
US officials met Houthi leaders in Oman after Red Sea blitz, got assurances: Report
(Representaive image) A Yemeni source also told Reuters that the Houthis would not attack Israeli ships or any commercial vessels, except those belonging to Saudi Arabia. US officials reportedly met Houthi representatives in Oman on Sunday after the group occupied a significant portion of the strategic Red Sea coast while fighting against Yemen’s Saudi-backed forces.According...
Xi suffered stroke & fainted at Brics Summit, claims China Democracy Party chief
Xi fainted at Brics summit, returned to China for treatment, claims Wanjun Xie Wanjun Xie, chairman of the China Democratic Party, has claimed in a post on X that Chinese president Xi Jinping fainted during the Brics summit hosted by New Delhi and was taken back to China on a special flight for medical treatment.Xie...
He moved to US for work, missed ITR; taxman imposes Rs 8.9L penalty – what ITAT said
The tax department imposed a penalty of Rs 8.29 lakh, alleging misreporting of income. (Image for representative purpose only) You move abroad for your job but forget to file your Income Tax Return. When you remember, you file your ITR but the date for belated return has also passed and after filing self-assessment tax, you...
100% tariff on India? Russia sanctions bill clears key hurdle, final House vote next
100% tariff on India? Russia sanctions bill clears key hurdle, final House vote next US President Donald Trump’s tariff ambitions could soon get a legal pathway to hit India with tariffs as high as 100 per cent if a proposed Russia sanctions bill clears the US House of Representatives and becomes law.The House is scheduled...
‘Is this a joke?’: Being named Narendra Modi isn’t easy for these MP men
For these namesakes, carrying the name Narendra Modi comes at a cost, as they have some explaining to do every time they introduce themselves socially. BHOPAL/INDORE: Imagine sharing your name with the country’s most powerful leader — the prime minister. One would assume that answering to the name ‘Narendra Modi’ would be met with a...
Never met, didn’t know Disha Salian: Shiv Sena (UBT) MLA Aaditya Thackeray
‘I have never met or known Disha Salian,’ said the Sena UBT MLA MUMBAI: Shiv Sena (UBT) MLA Aaditya Thackeray on Wednesday asserted that he had never met or known celebrity manager Disha Salian, whose death in 2020 is now being probed by CBI on Bombay HC’s directive. He said linking him to the case...
