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renewable energy. Solar energy is generated during the day and wind during the season, but the energy generated goes to waste in case there is low demand. BESS are intelligent systems that use algorithms to coordinate with the grid and decide whether to store or release energy.

US Federal Reserve today announced that it has left its key interest rate unchanged as inflation pressure is easing a bit. The Federal Open Market Committee have though signaled one more rate hike this year. Here is the full text of the policy statement issued by the US Federal Reserve -- Recent indicators suggest that economic activity has been expanding at a solid pace.

Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda, the MEA pointed out. Indian nationals are therefore advised to avoid travelling to regions and potential venues in Canada that have seen such incidents, the MEA advised. «Our High Commission/Consulates General will continue to be in contact with the Canadian authorities to ensure the safety and well-being of the Indian community in Canada. Given the deteriorating security environment in Canada, Indian students in particular are advised to exercise extreme caution and remain vigilant,» it said. (Also read: Justin Trudeau's remarks attempt to shift focus from China links) Indian nationals and students from India in Canada must also register with the High Commission of India in Ottawa or Consulates General of India in Toronto and Vancouver through their respective websites, or the MADAD portal madad.gov.in.

₹10 lakh for details on each. It has also promised ₹5 lakh reward for Parminder Singh Kaira alias “Pattu", Satnam Singh alias “Satbir Singh" alias “Satta" and Yadvinder Singh alias “Yadda".

Check out the companies making headlines in midday trading.

By David Shepardson and Joseph White

Buying or holding stocks with a low Altman Z-score is never a good idea

By Valerie Volcovici

The parliament proceedings witnessed ruckus and uproar throughout the day during the discussion of women's reservation bill on Wednesday. At the end, the bill was passed in a vast majority of 454 votes in Lok Sabha. Before the clearance, the discussion was concluded by Union Home Minister Amit Shah.

acquisition of about 11 per cent stake in TVS Credit Services Ltd by PI Opportunities Fund-I Scheme-II (PIOF-II) and certain individuals.

Sugar industry body ISMA on Wednesday demanded that the government should come out with a long term policy and formula for ethanol pricing in order to encourage mills to expand capacity by around 400 crore litre which will require an estimated investment of Rs 17,500 crore. Briefing media about the demand-supply scenario of sugar for the 2023-24 marketing year starting next month, Indian Sugar Mills Association (ISMA) President Aditya Jhunjhunwala also demanded that the minimum selling price of sugar should be enhanced to Rs 38 per kg from the current Rs 31 per kg in view of an increase in production cost. He said the ISMA will come out with a fresh sugar production estimate for the 2023-24 marketing year (October-September) during November after analysing the satellite image of sugarcane area across major producing states and then only would be able to assess whether there is any surplus for exports after meeting the domestic demand of sugar and ethanol. «At present, the sugar industry has an installed capacity of 700 crore litre for ethanol production and we operate at 80 per cent capacity utilisation.

Omkarm Capital has come up with its recent Alternative Investment Fund (AIF) targeting Rs 300cr including a green shoe option. The fund will focus on infrastructure logistics space and has received significant interest from investors across family offices, ultra-high-net investors, and institutional investors. The fund is a Category II AIF under SEBI AIF Regulations.

Today, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of Economic Projections, which is the Fed's own estimates for GDP growth, the unemployment rate, inflation and the appropriate policy interest rate. 

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: an Outperform initiation for IBM, and upgrades for Pinterest, Royal Caribbean , Carnival, and Methanex.

RBC analysts initiated research coverage on IBM (NYSE:IBM) with an Outperform rating and a $188 per share price target, which is a new Street high target.

Amazon's (NASDAQ:AMZN) seasonal hires are a «bullish leading indicator» for expected continued retail share gains, according to Morgan Stanley analysts.

Leading Chinese layer-1 solution Neo Network (NEO) is on the verge of a break-out as price action battles upper trendline resistance with a +7% pump - is it too late to buy Neo? Find out in NEO price analysis.

high net worth individual (HNI ), a fluid way of life — the freedom to move unfettered worldwide — is the ultimate luxury. It’s the final step to becoming a successful global citizen. Kristin Surak, associate professor of Political Sociology at the London School of Economics, UK, and author of 'The Golden Passport: Global Mobility for Millionaires', says that India has one of the lowest ranks when it comes to visa-free access, so travel for Indian citizens can be incredibly challenging. “And it’s not just entering, even transiting through countries can be a challenge,” she says, recounting how a colleague had to pay an extra 1,000 pounds to fly from Delhi to London because he couldn’t transit through certain countries using only his Indian passport. “An extra thousand pounds multiplied by 100 times — that is the cost of a foreign citizenship.”

Partners in big-four accounting firms could be on the hook for nine-figure payouts from new tax-promoter penalties, although draft legislation released on Wednesday shows the maximum sanctions will be less than the $780 million figure previously flagged by the government.

The stock market declined yesterday, coinciding with a rise in rates on the 5-year and 10-year Treasuries to their highest levels since 2007. Ahead of the Fed meeting, the bond market is signaling that rates will likely remain high for an extended period.

Check out the companies making headlines before the bell.