US Fed raises interest rates, leaves door open to another hike

The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest US central bank policy rate in 16 years.The rate hike, the Fed's 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and the accompanying policy statement left the door open to another increase.

July 26, 2023 at 11:37PM

from Times of India

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Brij Bhushan out of WFI poll fray but son-in-law in

Brij Bhushan’s grip over Indian wrestling may finally be history, if the final list of electoral college is anything to go by. TOI is in possession of the voters’ list prepared by the returning officer. Neither Brij nor his younger son Karan – who heads UP wrestling association – are in the list. Both were to represent the state body in the polls, but now Prem Kumar Mishra and Sanjay Singh will vote. Sources said that the former WFI chief and his son withdrew names.

July 26, 2023 at 03:18AM

from Times of India

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Decide anew plea against Mizoram ST quota move, SC tells HC

The Supreme Court has asked the Gauhati HC to decide anew a writ petition filed by Mizoram Chakma Students Union (MCSU) challenging the validity of Mizoram (Selection of Candidates for Higher Technical Courses) Rules, 2016, by which the state had sub-classified Scheduled Tribe ST communities and provided 93% quota to Zo tribe while reducing Chakma tribe’s quota from 4% to 1% in 2021.

July 26, 2023 at 02:31AM

from Times of India

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Parliament logjam on: Oppn’s no-confidence motion in Lok Sabha today

In an attempt to force PM Modi to speak on the Manipur strife that has brought the monsoon session to a standstill, opposition parties of the INDIA bloc on Tuesday decided to move a no-confidence motion against the BJP government, with focus on the northeastern state. Late Tuesday night, Congress leader in LS Adhir Ranjan Chowdhury announced, “Opposition parties will bring a no-confidence motion in Lok Sabha against the government on Wednesday.”

July 26, 2023 at 01:10AM

from Times of India

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Explain basis for LOC against Abhishek & wife, SC tells ED

Observing that travelling abroad is a matter of right that cannot be denied unless a person is going to abscond, the Supreme Court on Monday sought an explanation from the Enforcement Directorate on the lookout circular (LOC) issued against Trinamool Congress MP Abhishek Banerjee and his wife Rujira.

July 25, 2023 at 03:24AM

from Times of India

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Anurag Thakur warns of action on CBFC over ‘Oppenheimer’

As Christopher Nolan’s ‘Oppenheimer’, which released worldwide to critical acclaim last week, faced accusations of religious insensitivity over a controversial scene featuring a copy of the Bhagavad Gita, Union I&B minister Anurag Thakur demanded “absolute accountability” from the Central Board of Film Certification and asked the filmmakers to promptly remove the scene.

July 25, 2023 at 01:47AM

from Times of India

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Rain forces draw in 2nd Test. India take series 1-0 vs WI

Team India's push for a victory on the final day of the second Test against West Indies came to an agonizing end as Day 5 got washed out due to rain in Port of Spain on Monday. Not a single ball was bowled on the final day as torrential rain robbed India a chance for a potential 2-0 series series whitewash. As the rain forced a draw in Trinidad, India settled for a 1-0 series win in their first assignment of the new World Test Championship cycle.

July 25, 2023 at 12:52AM

from Times of India

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2nd Test: India on course for series sweep against West Indies

An ultra-aggressive approach from the batters after Mohammed Siraj produced career-best figures in the morning session gave India a chance to win the second Test as West Indies ended rain-marred Day 4 at 76 for two in chase of an improbable 365 in Port of Spain on Sunday. Claiming figures of 5 for 60, Siraj allowed India to bundle out West Indies for 255 in their first innings after the hosts began the day at 229 for five.

July 24, 2023 at 03:58AM

from Times of India

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EC gets divergent views on Assam delimitation exercise

The Election Commission, during its just-concluded public hearings on the draft delimitation proposal for Assam, was swarmed with conflicting viewpoints from different ethnic groups and sections of opinion but ensured that each of them was patiently heard, while fostering the spirit of consultation, consensus, and participation.

July 23, 2023 at 07:40PM

from Times of India

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75 yrs after Independence, Gadchiroli town gets court

July 24, 2023 at 01:52AM

from Times of India

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