[ad_1] MUMBAI: Shares of HDFC Bank fell to close 4% lower on Wednesday after the bank revealed in an analyst day presentation that its net worth had taken a Rs 20,000 crore hit due to the merger of HDFC. The Rs 65 drop in the bank’s share price to Rs 1,560 shaved off nearly Rs…
[ad_1] WASHINGTON: The US Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further rate increase projected by the end of the year and monetary policy kept significantly tighter through 2024 than previously expected.As they did in June, Fed policymakers at the median still see the central bank’s benchmark…
[ad_1] Washington: Florida Governor Ron DeSantis, once considered a chief rival of former president Donald Trump, has fallen behind two Indian-American presidential candidates in the latest GOP polls in the crucial early primary state of New Hampshire, a CNN survey showed. According to the CNN/University of New Hampshire poll, Trump continues to be the first…
[ad_1] FDA rejects approval of epinephrine nasal spray – CBS News Watch CBS News The Food and Drug Administration on Tuesday declined to approve Neffy, an epinephrine nasal spray that offers a needle-free alternative for treating severe allergic reactions. The FDA said Neffy needs more research. Be the first to know Get browser notifications for…
[ad_1] The United Auto Workers strike has entered Day 6 as union representatives and Detroit’s Big Three remain at odds over wage increases. UAW President Shawn Fain and other union leaders have argued that Ford, General Motors and Stellantis — parent company of Chrysler, Dodge, Jeep and Ram — can afford to pay workers more…
[ad_1] The Federal Reserve is pausing its extended campaign against inflation, holding its benchmark interest rate steady and giving borrowers a breather after 11 hikes since March 2022. The Fed said it will hold the federal funds rate in a range of 5.25% to 5.5%, the same level as it announced at its last meeting,…
[ad_1] Saudi Arabia will obtain a nuclear weapon if its rival Iran does so first, Mohammed bin Salman said. Riyadh: Saudi Arabia will obtain a nuclear weapon if its rival Iran does so first, Crown Prince Mohammed bin Salman said in an interview released Wednesday. “If they get one, we have to get one,” the…
[ad_1] The Biden administration is preparing to resume taking orders for free at-home COVID-19 tests starting September 25, officials announced Wednesday. The administration is also planning a new infusion of money to boost domestic manufacturing of the test kits. How to order free COVID tests Four free tests will be available for each household to…
[ad_1] Smartphone users eyeing the iPhone 15 won’t have to shell out hundreds of dollars to test out all of the device’s new features. Apple’s iOS 17 update, released on Monday, brings some of the same capabilities to older iPhones. Here’s what to know. Who can download iOS 17? Owners of newer iPhones, such as…
[ad_1] Singer Sufjan Stevens is on the mend after being diagnosed with the rare autoimmune disorder Guillain-Barré syndrome. The Grammy and Oscar-nominated musician shared an update with his fans on his website Wednesday explaining why he hasn’t been able to participate in the promotion of his latest album, “Javelin.” “Last month I woke up one morning…