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Fed delivers big rate hike, signals possible smaller increases ahead

The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the "cumulative tightening of monetary policy" it has enacted so far.

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Rajeev Sen takes a dig at estranged wife Charu Asopa



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US Fed meet: Another 75 bps rate hike on cards amid high inflation? Peter Cardillo analyses top concerns



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Karnataka Bank Q2 Results: Net profit at all-time high of Rs 411.5 crore

The net interest income also increased for the quarter by 26 % to Rs 802.73 crore from Rs 637.10 crore reported during the same period last year

from Stocks-Markets-Economic Times https://ift.tt/a0B4iOo

SC commences hearing on retrospective application of immunity granted against arrest

The Delhi High Court said the CBI had started investigation before the arrest, and therefore did not fall under the Section 6A(2) exception. However, this does not mean that Dr Kishore would be discharged and the CBI was directed to seek the Union government's approval and begin reinvestigation.

from News-Economic Times https://ift.tt/yRjhtgc

Blue tick verified Twitter accounts to cost $8 per month: Elon Musk

In a post on the platform he now owns, Musk asserted that "Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit," declaring "Power to the people! Blue for $8/month." The price will be adjusted by country proportionate to purchasing power parity, he added.

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Bengal govt to undertake health check-up of all bridges in state



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