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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…
NEW DELHI: Amid government’s big push for next-generation reforms for improving ease of living and ease of doing business, PM Modi has directed all ministries and departments to go back to the intended beneficiaries – citizens and businesses – to assess the impact of policy modifications on their life and work.TOI has learnt that PM…
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Parliament on Friday approved the Finance Bill 2026, with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the budgetary process for the financial year beginning April 1.The Lok Sabha had passed the Bill on March 25 along with 32 amendments. The Rajya Sabha cleared it after a brief discussion…
Talks for a BRICS foreign ministers’ joint statement seemed balanced on a knife-edge on the first day of the meeting, with a consensus on the West Asia situation remaining uncertain. Diplomatic sources said efforts to find common ground between the UAE and Iran were still on, even as the 2 countries held on to their…
West Bengal Governor RN Ravi dissolves Mamata cabinet; paves way for new BJP government formation NEW DELHI: West Bengal Governor R N Ravi on Thursday dissolved the Mamata government cabinet along with the state Legislative Assembly ahead of the formation of a new government following the recently concluded Assembly elections.According to a government release issued…
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