federal open market committee

US Fed federal open market committee (FOMC) meet: Jerome Powell-led US Federal Reserve on Wednesday kept the interest rates unchanged in the 3.5-3.75% range citing upside risks to inflation in view of the rising global energy prices.

Precious metals gold and silver are poised for continued pressure this week, influenced by US-Iran peace talks, central bank decisions, and key economic data. Analysts anticipate volatility as investors weigh geopolitical shifts, inflation concerns, and a strong US dollar. Domestic gold and silver futures saw significant drops, reflecting global market trends.

Boxers are voicing concerns to the Sports Authority of India regarding the Boxing Federation of India's selection criteria for upcoming international events. Athletes are uneasy with the 'assessment test' format, where bout results aren't immediate, preferring open judging. SAI is monitoring the ongoing trials at NIS Patiala and will review outcomes.

While it may seem that the Central Board of Film Certification restricted it to adult audiences, deeming it unsuitable for all age groups, it turns out the studios themselves applied for this certification.

Roger Federer and Mirka Federer’s combined net worth in 2026 is around $1.1 billion or more, based on Forbes. Most of this wealth comes from brand deals, business moves, and Federer’s On investment. Mirka played a key role in managing his career. Their success shows how smart planning beyond sports can build long-term financial strength.

The Indian rupee hit a record low of 95.20 against the US dollar today. Rising global crude oil prices and a stronger US dollar are pressuring the currency. Concerns over West Asia also impact investor sentiment. Foreign investors continue to sell Indian equities. The domestic stock market also saw a decline.

The Boxing Federation of India (BFI) has commenced its assessment tests for upcoming international events, including the CWG and Asian Games, despite objections from SAI. The BFI insists on the inclusion of head coaches in the selection panel, deeming it crucial for informed, performance-based decisions. Athletes are undergoing rigorous strength and conditioning tests to gauge their readiness for the competition.

In a powerful display of solidarity, non-teaching staff from state universities and colleges in Bihar staged a two-day pen-down strike this Wednesday. Their list of 15 critical demands highlights issues such as equitable salaries and pensions, a boost in the retirement age, and the integration of daily-wage workers into permanent roles.

In the wake of election results favoring the ruling party, Tollywood producers are urgently calling for a meeting with EIMPA. This development marks a decisive move away from politics, as EIMPA proclaims its non-political stance and will cease to support technician mandates from the Federation.