The Managing Director and Chief Executive Officer of the Central Bank of India has pledged to provide increased support to corporate clients.

For the second consecutive meeting, the Federal Reserve trimmed interest rates by 0.25%, despite opposition from two officials, as the US government shutdown poses growing economic concerns.

The Federal Reserve has cut interest rates for the second time in a row, reducing its benchmark rate to a range of 3.75% to 4.00%. The decision was made despite the ongoing government shutdown, which has left policymakers without key data to guide monetary policy. The...