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U.S. job growth blows past forecasts, setting stage for Fed rate hikes

The U.S. economy added 172,000 jobs in May, nearly double economists’ expectations, strengthening the case for Federal Reserve rate hikes this year. The unemployment rate held steady at 4.3%, according to data released Friday by the Bureau of Labor Statistics. Bitcoin BTC$61,036.23 remained under pressure following the report, trading below $62,000 as the broader crypto…

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CBSE extends post-result application deadline after students flag portal issues | India News

NEW DELHI: CBSE on Friday extended the last date for submission of applications for verification and re-evaluation of Class 12 answer sheets after several students flagged issues in accessing the board’s post-result services portal.According to the board, students can now submit their applications till June 7.“In the interest of students, the CBSE has decided to…

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Oil India strikes natural gas in third Andaman offshore well | India News

NEW DELHI: State-run Oil India Limited (OIL) Friday said it has reported the presence of natural gas in its third exploratory well in the Andaman shallow offshore block, further indicating hydrocarbon potential in the region.In a regulatory filing to stock exchanges, the company said natural gas was encountered in the exploratory well Vijayapuram-3, drilled 15…

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