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Met office has warned. «As we go through the week, the high pressure tends to drift further eastwards; we could waft up some warmer air — some significantly warmer air — by the time we get to Friday and in to Saturday,» Met Office forecaster Alex Deakin said. London, the national capital, is expected to approach the mid-20s on Saturday and Sunday.

US Federal Reserve will likely need to keep interest rates higher for longer in order to firmly bring down inflation, a senior Fed official said Monday. The Fed has raised its key lending rate 11 times since March 2022, lifting rates to a 22-year high as it looks to bring inflation down to its long-term target of two percent. Higher rates lower inflation by raising the cost of borrowing, which can cause financial pain for consumers with mortgages and outstanding loans. Despite falling sharply over the last 12 months, inflation remains stubbornly above target, leading most Fed officials to predict last month that another hike is needed this year. «The most important question at this point is not whether an additional rate increase is needed this year or not, but rather how long we will need to hold rates at a sufficiently restrictive level to achieve our goals,» Fed Vice Chair for Supervision Michael Barr told a conference in New York in prepared remarks. «I expect it will take some time,» he continued, adding that his decision would be guided by «a range of incoming data.» Barr's comments echo the views of the majority of his colleagues, who recently lowered the number of rate cuts they expect in 2024, suggesting a longer period of high rates. In his remarks, Barr said recent data pointed to moderating inflation, but «resilience» in economic data. «I now see a higher probability than I did previously of the US economy achieving a return to price stability without the degree of job losses that have typically accompanied significant monetary policy tightening cycles,» he said. He added that «the historical record cautions that this outcome could be quite difficult to achieve.»

₹1.59 trillion, up 22.3% from a year ago. “Trader interest (rose) in sync with the heightened volatility," said Anindya Banerjee, vice-president (rupee and interest rate derivatives), Kotak Securities. The rupee closed at 83.04 to a dollar on 29 September compared to 82.18 on 31 March.

₹3,500-3,800 crore. “We are on track to generate highest revenue ever. It will be more than all past ICC events, or other sports tournaments this year.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com .

A year ago, billionaire Sam Bankman-Fried, then 30 years old, posted a 14-tweet thread on the balance of “safety vs freedom” in cryptocurrency regulation. Now, a different kind of freedom is on the line when he walks into a Manhattan courtroom to face criminal charges that carry a combined maximum sentence of more than a century in prison.

Tesla shipped 435,059 cars globally in the third quarter, as factory downtime led to its first delivery decline in more than a year.

Australian coal export sales will fall faster than expected because higher volumes over the next two years will not be enough to offset a 46 per cent collapse in shipment values, official forecasts show.

Unseasonably warm and sunny weather has helped push coal power generation to a new low, further undermining the economics of ageing plants that are being forced to ramp down through the day to avoid losses but are still needed to keep the lights on.

Parul Chaudhary and Priti secured silver and bronze medals respectively in the women's 3000m steeplechase but they were left chasing the shadow of Bahrain's Yavi Winfred Mutile, who set an Asian Games record on way to defending her title here on Monday. Parul clocked 9:27.63 seconds, which was more than nine seconds behind the Bahrain runner who took the top podium finish in 9:18.28, a new Games record.

The price of Solana (SOL) has surged by 25% in the last seven days now, with the coin's rise to $24.21 also representing a 6% gain in 24 hours.

Science Advances says. The pollen data showed that warming temperatures supported forests that expanded into Siberia and facilitated early human migration there, researchers from the University of Kansas, US, said in their study. They compared Pleistocene vegetation communities around Lake Baikal in Siberia, Russia, to the oldest archeological traces of Homo sapiens in the region.

Finance Minister Nirmala Sitharaman, apex exporters' body Federation of Indian Export Organisations (FIEO) requested for the extension of Emergency Credit Linked Guarantee Scheme (ECLGS) till March 31, 2024 and restoration of interest subsidy benefit of 5 per cent to manufacturer MSMEs. It said some of the MSME sectors are affected due to a dip in exports on account of a global demand slowdown. FIEO has urged extending the ECLGS «till March 31, 2024» as it will help micro, small and medium enterprises sail through this difficult time and bounce back when the situation improves.

Singapore, Australia, France, and Sweden are witnessing an increasing volume of score reports from Indian TOEFL test takers and emerging as new destinations of interest, according to the Educational Testing Service (ETS). The top two destinations for TOEFL test takers in India since 2017 have been the United States and Canada. Till 2019, Germany was at the third spot and the UK at the fourth spot. However, from 2020 onwards, the two countries have switched positions. «While the top five countries chosen by Indian TOEFL test takers have remained nearly consistent over the last 5-6 years. Apart from the top destination countries, emerging countries for Indian test takers include Singapore, Australia, France, and Sweden. These countries have seen an increasing volume of score reports from Indian test takers,» Sachin Jain, the Country Manager of ETS India and South Asia, told PTI. The Princeton-based ETS, which conducts the Test of English as a Foreign Language (TOEFL) and Graduate Record Examination (GRE), said the trend reflects shifting aspirations of people.

The residential property segment in India remained unstoppable in Q3 2023, despite the usually slow monsoon quarter. According to the latest Anarock Research data, Q3 2023 saw housing sales across the top 7 cities create another new peak with approximately 1,20,280 units sold, against approximately 88,230 units in Q3 2022. Data shows that there has been a 36% annual sales growth in the residential housing segment.

In today’s world, the cost of healthcare continues to rise leaving many individuals and families grappling with hefty medical bills. For those without extensive financial or insurance literacy, navigating the complex healthcare landscape can be a daunting task. However, the digital age has ushered in a wealth of opportunities for consumers to leverage technology and online resources to make well-informed decisions and save on healthcare costs. Individuals can harness the power of health apps and online resources to seek medical advice, compare prices, reduce out-of-pocket expenses and make better choices as to their requirements.

Mumbai office market witnessed healthy leasing activity with 3.5 million square feet  (MSF) gross leasing volume (GLV) in third quarter, a 26.9% quarter-on-quarter growth.

An official Chinese survey says the country's factory activity has recorded its first expansion in six months

Former President Donald Trump says he'll make a rare, voluntary trip to court in New York for the start of a civil trial in a lawsuit that's already resulted in a judge ruling he committed fraud in his business dealings

Ranchi to Delhi, a baby with congenital heart disease, who was experiencing severe breathing difficulties, was rescued by two doctors. One of them is a 1995-batch IAS officer, Nitin Madan Kulkarni, currently serving as the principal secretary to Jharkhand Governor CP Radhakrishnan. Governor Radhakrishnan commended Kulkarni for his noble actions, describing it as an exemplary act of human service. He expressed, «I am proud of your noble work.

The S&P 500 (SPX) recorded the fourth consecutive weekly drop candle after falling 0.7% last week. The index printed the lowest level since the end of May as stocks responded to another bond market selloff.