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Top headlines: Fed hikes rate, law firms plan fee hike to retain talent

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US Fed chief Jerome Powell
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US Fed chief Jerome Powell

BS Web Team New Delhi
US Federal Reserve raises policy rate by 25 bps; 9th straight hike

US Federal Reserve raised the policy rate by 25 basis points. The Federal Open Market Committee said in the statement, "The Committee will closely monitor incoming information and assess the implications for monetary policy." Read more

Law firms plan fee hikes to retain talent amid 'foreign entry'

The Centre’s decision to allow foreign law firms to establish offices in the country is set to shake up its legal services industry, with local firms fretting star performers could soon be poached and predicting that fees will

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First Published: Mar 23 2023 | 9:42 AM IST

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