After 7-yr delay, Odisha hands over land for Chandikhol oil reserve project | Industry News

After 7-yr delay, Odisha hands over land for Chandikhol oil reserve project | Industry News

After an administrative delay of more than seven years, the Odisha government has finally handed over land for the underground strategic crude oil storage project at Chandikhol in Jajpur district.   Official sources said the Jajpur district administration has executed the lease deed for around 400 acres of land in the Dankari hill…

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US Federal Reserve keeps rates unchanged; cites elevated inflation, stabilising labour market— details

US Federal Reserve keeps rates unchanged; cites elevated inflation, stabilising labour market— details

File photo-Fed Chair Powell The US Federal Reserve on Wednesday left interest rates unchanged, holding its benchmark lending rate at 3.5% to 3.75%.The decision was not unanimous. Governors Christopher Waller and Stephen Miran dissented, favouring a quarter-point rate cut. The decision comes after the central bank cut rates at three consecutive meetings late last year….

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