December 10, 2023 07:15 (IST)
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Karnataka HC grants bail to accused in Gauri Lankesh case | RBI keeps repo rate unchanged at 6.5%, raises FY24 growth forecast to 7% | India's Aditya-L1 Mission captures first-ever full-disk image of Sun | RBI raises UPI transaction limit for hospitals, educational institutions to Rs. 5 lakh | Former Telangana CM KCR suffers hip injury

US Federal Reserve raises target interest rate by 75 bps, highest since 1994

Wahington: America's central bank Federal Reserve Wednesday increased its target interest rate by three-quarters of a percentage point, and signaled more hikes in the coming months to stem the biting inflation.