Fed Holds Steady as Tariff Storm Looms

The Federal Reserve’s monetary policy committee left the target range for its policy rate unchanged at 4.25 to 4.50 percent at its May 7 meeting, maintaining the level set in December 2024. Although tariffs have added to economic uncertainty, market participants widely expected the Fed to hold rates steady. At the post-meeting press conference, Fed…

Israel retrofitting DJI commercial drones to bomb and surveil Gaza | Israel-Palestine conflict News

The Israeli military has been altering commercial drones to carry bombs and surveil people in Gaza, an investigation by Al Jazeera’s Sanad verification agency has found. According to Sanad, drones manufactured by the Chinese tech giant DJI have been used to attack hospitals and civilian shelters and to surveil Palestinian prisoners being forced to act…

DPIIT and Hafele India sign MoU to boost manufacturing startups and local sourcing

“The partnership reflects a shared commitment to building resilient local supply chains and accelerating India’s vision of becoming a global manufacturing hub,” the ministry added. In this partnership, Hafele will lend its support to startups and Micro, Small, and Medium Enterprises (MSMEs), providing easy access to infrastructure, supplier development opportunities, technical collaboration, and market.”Hafele has…