Author: Starvision Desk

It is the 11th interest rate increase since the Fed began its aggressive rate hiking campaign in March 2022, taking the federal funds rate to its highest level since early 2001, Xinhua news agency reported.”Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated,” the Federal Open Market Committee (FOMC), the Fed’s policy-setting body, said in a statement on Wednesday afternoon, after a two-day policy meeting.The FOMC “seeks to achieve maximum employment and inflation at the rate of 2…

According to the announcement on Wednesday, the cabinet retains 38 ministers, in addition to the Prime Minister.A total of 23 ministers were tasked with new roles, including Bill Blair as Minister of National Defence, Dominic LeBlanc as Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, and Sean Fraser as Minister of Housing, Infrastructure and Communities, Xinhua news agency reported.The shuffle dropped seven ministers and promoted seven new faces. Eight ministers remain in their portfolio which include Deputy Prime Minister and Minister of Finance Chrystia Freeland, Minister of Innovation, Science and Industry François-Philippe Champagne, Minister of Environment and Climate Change…

The son of the accused – same age as that of the girl – told the police that his father had taken away the girl while she was playing with him. Subsequently, police recovered the girl lying in the field on Wednesday, based on the confession of the accused.Barabanki (North) Additional Superintendent of Police (ASP) Ashutosh Mishra, said that the accused, Rinku Verma, has been arrested after registering an FIR under IPC section 376 (rape) and sections of POCSO Act in the matter.The ASP said that the girl’s parents said that she had gone missing while playing with another child…

Three people also sustained injuries in the incident while a few vehicles were torched.Trouble began on Wednesday when a few workers, involved in mining activity in Rudrapur Majwa village, started playing vulgar songs loudly. When a local, Raj Kishore, 45, objected to the blaring of vulgar songs, an argument ensued between him and the workers.Hours later, around half-a-dozen mining workers, along with their contractor Sunil Yadav, reached Kishore’s house and shot him following an altercation. The 45-year-old died on the spot.Hearing the gunshot, residents of the village came out and started chasing Yadav and his men. The villagers caught hold…

Subhas Sarkar, Union Minister of State for Education, provided the information in response to a written question in the Rajya Sabha.According to the information shared by the Union Ministry of Education, between 2019 and 2023, about 32,000 students studying at institutions like Central Universities, IITs, IIMs and NITs across the country have left their studies midway.So far, in 2023, 20 incidents of suicide by students have been reported in these higher education institutions. Of them, nine incidents were reported from Central universities while seven were from IITs.The minister, while sharing data, stated that the maximum number of suicides reported in…

A woman was found dead in a trailer near Volos where a major wildfire broke out on Wednesday, Xinhua news agency reported, citing Greek national broadcaster ERT. Her husband was seriously injured.Meanwhile, a 45-year-old shepherd was found dead a few kilometres away, according to the report. He had rushed with his brother to move their animals to safety.The body of a man was also found a few hours earlier near the seaside resort of Karystos on Evia island. A water-dropping aircraft had crashed there on Tuesday, resulting in the deaths of the pilot and co-pilot.Although formal identification is still pending,…

The proposal from the Excise Department in this regard was approved by Delhi Chief Minister Arvind Kejriwal on Wednesday.The Delhi government said that there will be a ban on the sale of liquor on Muharram, Independence Day, Janamasthmi and Milad-un-Nabi or Eid-e-Milad.”The Excise Department of the Delhi Government has issued a list of dry days for the period of July 1, 2023 to September 30, 2023. The list includes Muharram on July 29, Independence Day on August 15, Janamasthmi on September 07, and Milad-un-Nabi/Eid-e-Milad on September 28, as dry days,” it said in a statement.The Delhi government issues a list…

Turki Al-Malki, the spokesman of the Saudi Defence Ministry, said that the crash happened on Wednesday near the King Khalid Air Base in Khamis Mushait, around 800 km southwest of the capital Riyadh, Xinhua news agency reported, citing Saudi Press Agency.Al-Malki said that an investigation was underway to determine the cause of the crash.The F-15SA is a two-seat fighter jet. Saudi Arabia has not revealed the exact number of those killed in the crash.–IANSint/sha

The meeting lasted for more than three hours, during which various poll-related issues were discussed. The formation of the proposed committees in view of the elections was also finalised during the meeting. Announcement of these committees is possible on Thursday.BJP sources said that besides discussions on the party’s strategy for the upcoming elections, Shah also reviewed the progress of tasks assigned to state leaders.Earlier Shah reached Bhopal airport on Wednesday evening, where he was received by Chief Minister Shivraj Singh Chouhan and state BJP chief Vishnu Dutt Sharma.Besides Chauhan, and Sharma, Bhupendra Yadav, Narendra Singh Tomar, Jyotiraditya Scindia, Prahlad Patel,…

Currently, more than 40 Ukrainian companies that produce unmanned aerial vehicles (UAVs) have signed contracts with the government, Xinhua news agency reported, citing Shmyhal’s post on social media platform Facebook.The number of drone manufacturing companies in Ukraine increased by more than four-fold in the past year, driven by government investment and incentives, he said.In particular, the government has eliminated customs barriers for importing spare parts for drones and increased the profit share of the UAV manufacturers to 25 per cent, Shmyhal said.According to Shmyhal, in 2022, Ukrainian drone producers attracted about $110 million in investment.–IANSint/sha