The US Federal Reserve on September 18, reduced its benchmark interest rates by 0.5%. This marked the first rate by the US Fed since 2020. How does the Fed's rate move affect global economies? Watch the video to understand.

The US Federal Reserve on September 18, reduced its benchmark interest rates by 0.5%. This marked the first rate by the US Fed since 2020. How does the Fed's rate move affect global economies?

US Fed cuts interest rates: What does this mean for the global economy?

Move strengthens India-Sri Lanka financial ties and regional commodity trade presence

Business Standard

Jakson Group on Sunday kickstarted its Rs 8,000-crore investment to set up a 6 GW integrated solar manufacturing facility in Madhya Pradesh.
Chief Minister Mohan Yadav on Sunday laid down the foundation for the first phase of the project, which involves setting up 3 GW cell and 4 GW solar module manufacturing capacity, Jakson Group said in a statement.
The overall plan will se 6 GW of ingot, 6 GW wafer, 6 GW cell and 6 GW of solar module manufacturing capacity over the next three years, generating 4,000 new job opportunities.
As per company information, Phase 1 involves investment of Rs 2,000 core to set up up 3 GW cell and 4 GW of module-making capacity. Phase 1 is expected to generate 1,700 employment opportunities.
Yadav said, "The solar manufacturing hub at Maksi will create skilled jobs for our youth and position our state as the manufacturing and logistics centre of India's clean energy transition."
He said the project reflects Madhya Pradesh's strength as a growth-focused s

The overall plan will se 6 GW of ingot, 6 GW wafer, 6 GW cell and 6 GW of solar module manufacturing capacity over the next three years, generating 4,000 new job opportunities

Press Trust of India

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In a major breakthrough in the Red Fort area car bomb blast case, the National Investigation Agency has arrested a Kashmir resident who had allegedly conspired with "suicide bomber" Dr Umar Un Nabi to carry out the terror attack, which claimed 13 lives.
Amir Rashid Ali, in whose name the car involved in the blast was registered, has been arrested from Delhi by the NIA, the federal probe agency said in a release.
The NIA had launched a massive search operation after taking over the case from the Delhi Police.
Investigations by the probe agency had revealed that the accused, a resident of Samboora in Jammu and Kashmir's Pampore, had conspired with the "suicide bomber", Umar, to unleash the terror attack.
Amir had come to Delhi to allegedly facilitate the purchase of the car, which was eventually used as a "vehicle-borne Improvised Explosive Device (IED)" to trigger the blast, the NIA said.
This was the first time the probe agency has described Dr Umar Un Nabi, who was behind the whe

Amir Rashid Ali, in whose name the car involved in the blast was registered, has been arrested from Delhi by the NIA, the federal probe agency said in a release

Delhi Chief Minister Rekha Gupta on Sunday announced that projects worth more than Rs 200 crore are being launched in the Kirari-?Najafgarh belt, which will play a decisive role in resolving long-pending infrastructural challenges in the area.
She was addressing the Tridev Conference of the BJP organised at Dichau Kalan in the Najafgarh area.
Addressing the gathering, the chief minister described the 'Tridevs' -- Panna Pramukhs (in-charges of electoral-roll page), Booth Pramukhs and Shakti Kendra convenors -- as the backbone of the organisation.
She said that the dedication and hard work of these workers over the years have played a pivotal role in accelerating development across the Kirari-Najafgarh region.
Gupta emphasised that the Delhi government has prioritised the development of village and colony areas by providing adequate budgetary resources to all MPs and MLAs.
As a result, major projects related to drains, roads, sewerage and other essential civic facilities have gained

She was addressing the Tridev Conference of the BJP organised at Dichau Kalan in the Najafgarh area

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

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US Fed cuts interest rates: What does this mean for the global economy?

The US Federal Reserve on September 18, reduced its benchmark interest rates by 0.5%. This marked the first rate by the US Fed since 2020. How does the Fed's rate move affect global economies? Watch the video to understand.

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