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US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. "In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the...

Cuttack: India's Hardik Pandya celebrates with Jitesh Sharma (PTI Photo/Shailendra Bhojak) India opened their T20 World Cup 2026 preparations with a resounding 101-run victory in the first T20I against South Africa at the Barabati Stadium, powered by Hardik Pandya’s strong all-round display and a disciplined bowling performance. The win puts India 1-0 ahead in the five-match series. Chasing 176,...