Author: newshens

The main interest rate set by the US Federal Reserve has been lowered by 50 basis points (bps), to range between 4.75% and 5%. The Federal Reserve has not lowered rates since 2020.Concerns about the US economy’s slowing growth and decreasing inflation led to the decision. Although the goal of this action is to stabilize the US economy, concerns have been voiced about how it would affect other markets, particularly India.  Impact of US fed rate cut on Gold prices  The impact on gold prices, which are a popular investment in erratic economic times, is one important area that is…

Rohit Sharma and Rishabh Pant got it wrong as the DRS proved Mohammed Siraj was right all along.There was no shortage of action on Day 2 of the first Test between India and Bangladesh in Chennai. India were bowled out for 376, losing their last four wickets for 27 runs, Hasan Mahmud picked up a consecutive five-wicket-haul, Taskin Ahmed chipped in with three wickets as well, and Akash Deep left Bangladesh struggling at 26/3 at lunch. 120 minutes, 7 wickets, and the possibility of another three-day Test finish. It won’t be an exaggeration to say that there’s only one team…

The Gurugram Police allegedly did not collect video evidence of the crash between a bike and an SUV.One of the friends of a biker, who died in an accident in Haryana’s Gurugram after his bike collided with an SUV, has alleged that the police did not collect video of the accident as evidence despite seeing the footage at the scene of the accident, reported India Today.Pradyuman Kumar, a friend of 23-year-old Akshat Garg, who died in the accident on Golf Course Road, Gurugram, claimed that his friend’s GoPro had recorded the entire accident.“The police saw the recording, but they didn’t…

According to the CBI, the paper was solved at Hazaribagh on the morning of examination of May 5 by a set of solvers studying in MBBS courses. The Central Bureau of Investigation (CBI) has filed a second charge sheet in the ongoing investigation into the NEET UG 2024 question paper leak case. The charge sheet, submitted before the special court for CBI cases in Patna, names six accused individuals involved in the conspiracy, including key officials responsible for the conduct of the exam in Hazaribagh, Jharkhand. The six individuals named in the second charge sheet are Baldev Kumar alias Chintu,…

Mamata Banerjee accused the Damodar Valley Corporation of releasing 5 lakh cusecs of water over three days, flooding 11 districts in southern Bengal.West Bengal chief minister Mamata Banerjee on Friday wrote to Prime Minister Narendra Modi, accusing the Damodar Valley Corporation of releasing 5 lakh cusecs of water and causing floods in the state.  “I would like to draw your kind attention to the fact that as a result of an unprecedented, unplanned and unilateral release of an enormously huge volume of water at nearly 5 lakh cusec from the combined system of Maithon and Panchat dams owned and maintained…

Tirumala Tirupati Devasthanams said lab tests had revealed the presence of animal fat and lard in chosen samples.The controversy over the alleged use of adulterated ghee in the preparation of sacred laddu prasadam for revered Sri Venkateswara Swamy Temple in Tirumala intensified on Friday after the temple trust repeated the allegations levelled by chief minister N Chandrababu Naidu.Tirumala Tirupati Devasthanams (TTD), the body managing the temple’s affairs, said ghee suppliers took advantage of the lack of in-house adulteration testing facility and also not making use of outside facilities. TTD Executive Officer Shyamala Rao said lab tests had revealed the presence…

The Odisha Police has suspended 5 personnel in connection with the alleged assault of the Army officer and “molestation” of his fiancée in Bhubaneswar.Former Odisha chief minister and Biju Janata Dal president Naveen Patnaik on Friday demanded a court-monitored SIT probe and a judicial inquiry into the alleged sexual harassment of an Indian Army officer’s fiancée in police custody.Naveen Patnaik, the leader of opposition in the Odisha assembly, condemned the incident and termed it as “very shocking”. “All have heard of what recently happened to an Army Major and his fiancée at a police station Bhubaneswar. This is very very…

The US Federal rate has lowered its benchmark interest rate to 4.75–5%. It is a reduction of 50 basis points. In response to the US economy’s slowing growth and declining inflation, the Fed has lowered interest rates for the first time since 2020.The action has sparked worries about the US economy’s stability. Markets all around the world, including India, are predicted to be impacted. Effect of us fed rate on Indian stock market  Experts predict that there may be some ups and downs in the Indian stock market in the near future. This is due to the fact that shifts…

As Virat Kohli guns from glory in India’s relatively long Test season ahead, he will have a point to prove to himself more than anybody else. To say that 2024 has been one of Virat Kohli’s leanest international years will be a massive understatement. Fifteen innings across formats have yielded a solitary half-century, admittedly one of the most important of his illustrious career – his multi-geared 76 in the final of the T20 World Cup against South Africa, an effort that netted him the Player-of-the-Match honour in his last 20-over appearance for the country. Kohli was otherwise found wanting during…

Hezbollah and Iran have vowed to respond to recent large scale serial explosions that killed 32 people and injured over 3000. Israel on Wednesday said the “centre of gravity” of the Gaza war is moving towards its northern border with Lebanon, and resources are being allocated in anticipation of any potential escalation of the conflict, news agency AFP reported. More than 11 months into the war that killed 41,272 people and injured as many as 95,551, two serial explosions of pagers and radio devices used by militant group Hezbollah inside Lebanon marks another dangerous escalation that threatens to push the…