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FOMC policy meeting: Jerome Powell-led US Federal Reserve keeps interest rates unchanged; flags ‘uncertainty’ related to impact of Iran war

Jerome Powell (AP file photo) US Federal Reserve policy: Jerome Powell-led Federal Open Market Committee (FOMC) on Wednesday kept interest rates unchanged within the 3.50%-3.75% band. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent. In considering the extent and timing…

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Kalshi co-founder fights back against Arizona’s ‘overstep’ in what a lawyer calls a federal-state turf war

Kalshi co-founder Tarek Mansour has called Arizona’s criminal case against the company a “total overstep,” casting the move as an attack on a federally regulated exchange rather than a standard gambling enforcement action. Mansour said the charges “have nothing to do with gambling or the merits” and argued that Arizona is trying to short-circuit a…

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Market rebound or relief rally: Sensex gains nearly 3,000 points in three days; should investors stay cautious?

Indian equity benchmarks continued their upward move for a third straight session on Wednesday, with the BSE Sensex adding nearly 3,000 points over the past three trading days, prompting debate on Dalal Street over whether the recent recovery marks a sustainable bottom or just a short-term bounce, according to an ET report.The NSE Nifty ended…

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Direct tax collections rise 7.1% to Rs 22.8 lakh crore till March 17; corporate tax drives growth

India’s net direct tax collection increased 7.1 per cent to about Rs 22.8 lakh crore till March 17 in the current financial year, aided by higher corporate tax mop-up and slower refund outgo, according to official data released on Wednesday.Data shared by the Income Tax Department showed that net corporate tax collection grew by around…

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Delhi govt to present industry-friendly budget, focus on growth, job creation: CM Rekha Gupta | India News

NEW DELHI: Delhi government’s annual Budget for 2026-27 will focus on industrial growth, investment and job creation, chief minister Rekha Gupta said on Wednesday.Interacting with industrialists, Gupta said that her government is preparing an industry-friendly Budget and sought their suggestions on it.Entrepreneurs from various industrial sectors attended the meeting and shared their demands, suggestions, and…

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