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US Fed Leaves Key Rate Unchanged But Sees Further Hikes Ahead
The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong US economy with more interest rate hikes. The next rate increase is expected in December.
The Fed kept its benchmark rate in a range of 2 percent to 2.25 percent. A statement it issued Thursday after its latest policy meeting portrayed the economy as robust, with healthy job growth, low unemployment, solid consumer spending and inflation near the Fed's 2 percent target.
(Source: AP)
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Fire Breaks Out at Bandra Slum in Mumbai
A fire broke out at a slum in Bandra’s Shastri Nagar area in Mumbai on Thursday night. Fifteen fire tenders reached the spot and successfully doused the fire, reported ANI.
Union Cabinet Approves Amendment to Central Universities Act, 2009
The Union Cabinet approved Amendment to the Central Universities Act, 2009 on Thursday, 8 November, for setting up of Central Tribal University in Andhra Pradesh.
(Source: ANI)
Fire Breaks out in a Fibre Factory Near Bhavani Peth in Pune.
Fire broke out in a fibre factory near Bhavani Peth in Pune.
Nine fire tenders present at the spot.
(Source: ANI)