US Fed leaves interest rates unchanged at 5.25 per cent-5.5 per cent again.
US consumer inflation ticked lower last month, according to US government data published Wednesday, giving the US Federal Reserve positive news shortly before it publishes its latest interest rate decision. The annual consumer price index (CPI) came in at 3.3 per cent in May, down 0.1 percentage point from April, the Labor Department said in a statement. The monthly inflation rate was unchanged from a month earlier, which was well below expectations.
Mohan Charan Majhi was sworn in as the Chief Minister of Odisha, marking a historic moment as the BJP forms the state government for the first time in 24 years. The ceremony was attended by Prime Minister Narendra Modi and other prominent dignitaries.
India's retail inflation eased to a 12-month low of 4.75 per cent on an annual basis in May as against 11-month low of 4.83 per cent in the previous month, showed the government data on Wednesday.
"BJP lost in Ayodhya, they lost in Uttar Pradesh. They lost because they were attacking the idea of India," says Rahul Gandhi.
A bomb threat e-mail was received by the Rail Museum located at Chanakyapuri area, police officials said on Wednesday. However, the officials said that nothing suspicious was found after a thorough checking. When they spotted the email in their inbox on Wednesday, the museum officials informed the local police around 11 am. Subsequently, the bomb detection team, bomb disposal squad, fire officials and local police conducted a thorough search after which they declared it a hoax. The sender of the email had sent the same to some more museums, as per PTI sources.
TDP chief N Chandrababu Naidu on Wednesday took oath as the Chief Minister of Andhra Pradesh for the fourth time. His party, along with allies BJP and JanaSena Party, secured a convincing majority in the recently-held assembly polls.
The first session of the 18th Lok Sabha will begin on June 24, said Parliamentary Affairs Minister Kiren Rijiju. BJP-led National Democratic Alliance (NDA) has completed the formalities of government formation with the oath-taking ceremony completed.
BJP's Mohan Charan Majhi will be sworn-in as the chief minister of Odisha today. During the ceremony, Prime Minister Narendra Modi, a number of Union Ministers and chief ministers of several BJP-ruled states are likely to be present. Apart from the VVIPs, about 30,000 people are expected to attend the event to be held at Janata Maidan. TDP supremo N Chandrababu Naidu is also set to take oath as the chief minister of Andhra Pradesh today, marking his fourth term in that role. Preparations are underway at Gannavaram Mandal, Kesarapalli IT Park for the swearing-in ceremony. PM Modi, Union Home Minister Amit Shah, Union Minister and BJP president JP Nadda along with other leaders will participate in the oath-taking ceremony.
Pakistan’s government is set to present its budget Wednesday, June 12, with Finance Minister Muhammad Aurangzeb likely under pressure to hike taxes and boost revenue in order to bolster the chances of clinching a new International Monetary Fund loan, Bloomberg reported. Talking about the economic crisis in Pakistan, Aurangzeb said, “Everyone will have to contribute in this economy because schools or universities or hospitals can run with philanthropy but countries can only run through taxes.”
The Biden administration will send Ukraine another Patriot missile system, two US officials said Tuesday. The US government took the decision responding to Kyiv's desperate calls for more air defences as it battles an intense Russian assault on the northeastern Kharkiv region.
 "News updates: US Fed leaves interest rates unchanged at 5.25%-5.5% again")
