Trump Praises India's Anti-Drug Efforts Even as US Keeps It on Watch List

US Federal Reserve raises interest rates to 3.75-4% for first time since 2023

The US Federal Reserve has raised its benchmark interest rate to a range of 3.75-4%, marking its first such hike since 2023. The decision was driven by persistently high inflation that has remained difficult to bring under control. Rising global borrowing costs also contributed to the central bank's move. The rate increase reflects the Fed's continued effort to tighten monetary policy in response to broader economic pressures.

UPI charges row: Chidambaram among 5 Congress MPs who had backed revenue framework

Houthis claim to have shot down Saudi F-15 jet with 'locally-made' missile - video

US Officials Met Houthi Leaders in Oman, Secured Assurances on Red Sea Attacks

American officials held a meeting with Houthi representatives in Oman on Sunday, following the group's seizure of a large stretch of the Red Sea coastline. During the talks, Houthi leaders assured the US that they would not target American vessels in the region. The group also pledged to observe a ceasefire through 2025 and committed to halting attacks on Israeli and commercial ships, with the exception of Saudi vessels. The meeting is the result of months of diplomatic negotiations conducted against a backdrop of repeated Houthi strikes on Red Sea shipping.