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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India reviews US Section 301 investigations on partners; decision to follow detailed assessment: Report

India is examining the United States’ move to initiate Section 301 investigations against a group of 16 trading partners and will take an appropriate position after analysing the legal and economic aspects, PTI reported citing an official on Friday.On March 11, the Office of the United States Trade Representative (USTR) announced probes into countries including…

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Operation Trashi-I: Gunfight breaks out in J&K’s Kishtwar; 8 Army personnel injured | India News

Security operations following an exchange of fires between security forces and terrorists. (ANI) NEW DELHI: Eight Army personnel were injured on Sunday in a prolonged gunfight with terrorists in a remote forested area of the upper reaches of Jammu and Kashmir’s Kishtwar district.The encounter, which lasted for several hours, erupted when security forces came in…

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Warner Bros-Netflix deal: Is the Tudum effect harmful for Indian cinema? ‘The risk is two-fold’

Netflix’s takeover of Warner Bros Discovery has shaked up not just Hollywood but also caused India’s cinema industry. Multiplex Association of India (MAI) recently warned that the latest bout of consolidation could undermine the country’s theatrical ecosystem. The association has highlighted a worrying trend: global streaming platforms purchasing major studios. According to MAI, the shift…

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