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The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst outbreak of inflation in 40 years, but signaled future increases in borrowing costs could be made in smaller steps to account for the “cumulative tightening of monetary policy” it has enacted so far.

After the recent viral video of Sanjiv Goenka, the owner of the Lucknow Super Giants Indian Premier League franchise, apparently lecturing player KL Rahul, there has been a heated debate on social media about the boundaries that corporate executives should maintain with athletes. In a recent interview, Kolkata Knight Riders mentor Gautam Gambhir said that team co-owner Shah Rukh Khan maintains a hands-off approach to managing the performance side of the business.

The trailer of John Wick prequel The Continental is unveiled by makers on Wednesday. The clip looks mesmerising and exciting even without Keanu Reeves‘s character. According to Deadline, a US-based media house, the action-packed trailer will add to the fantastic build-up for the John Wick universe. The project is a three-episode long miniseries based on a timeline before the first John Wick movie. The trailer was shared by the production house Peacock on their official Twitter handle.

Sansera Engineering IPO: The Rs 1,283 crore initial public offering (IPO) of auto component manufacturer Sansera Engineering will open on Tuesday, September 14, 2021, and will be available for subscription till Thursday, September 16, 2021. The price band of the IPO has been fixed at Rs 734-744 per share of the face value of Rs 2 each.

Here’s a closer look at all the products Lenovo has announced at CES 2021 (so far).

Yet excluding the volatile categories of food and energy, so-called core inflation jumped last month — a sign that the Fed’s five rate hikes this year have so far done little to cool inflation pressures. Core inflation climbed 0.6% from August to September and 6.6% over the past 12 months. The yearly core figure is the biggest increase in 40 years. Core prices typically provide a clearer picture of underlying price trends.

The CID SIT is probing the alleged hacking of crypto currency exchanges by an international hacker and the alleged siphoning of the stolen funds by corrupt police officers and state officials.

Facebook-parent Meta has appointed Sandhya Devanathan as the new Head and Vice President of its India business after the departure of Ajit Mohan. Devanathan will take over the role on January 1, 2023, and will report to Dan Neary, who is Meta’s Vice President for the APAC region.  Devanathan joined the company in 2016 and helped build its Singapore and Vietnam business while also working on the company’s e-commerce initiatives in South East Asia. She will move back to India to lead the organisation and its strategy in India.