Top headlines: US Fed projects growth, direct tax mop-up, and more

Here are the top business headlines on Thursday

Fed sees growth surge, jump in inflation this year but no change on rates

The Federal Reserve on Wednesday repeated its pledge to keep its target interest rate near zero for years to come after projecting a rapid jump in US economic growth and inflation this year as the Covid-19 crisis winds down. Read More

More banks likely to join RBI's list of 'systemically important banks'

The Reserve Bank of India’s (RBI’s) list of “systemically important banks” may widen, given the changes in the pecking order after the merger of state-run players. As on date, only State