Moneycontrol PRO
Black Friday Sale
Black Friday Sale
X

current-affairs

Live: Fed announces 25BPS hike | Jio-BlackRock AMC JV | Galaxy Z Flip phones unveiled | Newspresso

The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001. The quarter percentage point rise lifts the Fed's key lending rate to a range between 5.25 per cent and 5.5 per cent. Jio Financial Services Limited and BlackRock have announced to create "Jio BlackRock," a 50:50 joint venture. From the trends, we bring you visuals of Samsung unveiled its Galaxy Z Flip Phones at Seoul. Samsung has launched two new folding phones that are thinner and lighter than its previous models. Watch this edition of Newspresso with Moneycontrol's Stacy Pereira.

first published: Jul 27, 2023 08:15 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347