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US Federal Reserve keeps its key interest rate unchanged at 3.9% despite high inflation

The US Federal Reserve kept its benchmark interest rate unchanged at a target range of 3.75 per cent to 4.00 per cent, keeping the average effective rate at approximately 3.9 per cent despite stubbornly high inflation. In a statement released after its two-day policy meeting, the Fed said, inflation remains elevated and holding off on []

29 Oct 2026 10:58 am
Cabinet approves Dearness Allowance to Central Government employees and Dearness Relief to Pensioners

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2026 representing an increase of 3% over the existing rates of 60% of the Basic Pay/Pension, to compensate against price rise. []

29 Oct 2026 10:53 am
Cyclone Arnab weakens, IMD issues orange alert across several states

Cyclonic storm Arnab weakened into a deep depression on October 28 and is expected to bring heavy rainfall in several parts of the country on October 29. The cyclone crossed the Andhra Pradesh and Yanam coasts early on October 28, leaving a trail of destruction with uprooted trees and electric poles and damaged roads. The []

29 Oct 2026 10:42 am
India backs UN call to end US embargo against Cuba

India has reiterated its rejection of laws that adversely affect the sovereignty of other nations while supporting a United Nations General Assembly resolution demanding an end to the longstanding U.S. embargo against Cuba. Addressing the assembly prior to the vote, Soumya Nair, a counsellor in Indias Permanent Mission to the UN, stated that New Delhi []

29 Oct 2026 10:39 am
Trump says Venezuela could become 51st US state

U.S. President Donald Trump on October 27 suggested that Venezuela could become the 51st U.S. state, citing growing oil cooperation between the two countries. Speaking at the port of Corpus Christi in Texas, President Trump said Venezuela had vast oil reserves and that major oil companies were investing billions of dollars in the country. He []

28 Oct 2026 3:34 pm
Reports: Flavio Bolsonaro flees to U.S. after election loss

U.S. Media reported on October 27 that defeated right-wing presidential candidate Flavio Bolsonaro left the country and is traveling to the United States. Bolsonaro, who has yet to concede to leftist incumbent Luiz Inacio Lula da Silva, left Brazil after refusing to comply with a Supreme Court order to surrender his passport. The location of []

28 Oct 2026 10:00 am
Israel election ends in deadlock, exit polls show

Israels wartime election appeared deadlocked on Tuesday, with exit polls indicating a tight contest between the opposition bloc led by Gadi Eisenkot and the camp of Prime Minister Benjamin Netanyahu. The projections suggested that neither side had secured a clear path to forming the next government. The results point to a potential setback for Netanyahus []

28 Oct 2026 9:49 am