‘Loot lo, loot lo,’ a man yells while recording scenes after a truck toppled in Andhra Pradesh’s Nellore. His video is now going viral, sparking discussions online over ‘insensitivity’. But what exactly happened? The truck was loaded with bottles of cold drinks (primarily bottles of Thums
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Big price drop on 4K smart TVs: Up to 60% off on Samsung, Sony, LG and moreSmart TVs on Amazon are seeing noticeable price drops, making it easier to upgrade to sharper visuals
NRI installs Statue of Liberty replica atop Jalandhar home after 26 years in New YorkAn NRI installed a Statue of Liberty replica on his Jalandhar home, drawing visitors and going viral online. Published on: Mar 22, 2026 7:39 AM IST By Mahipal Singh Chouhan Share via Copy link A unique
West Bengal Chief Minister Mamata Banerjee on Saturday described Prime Minister Narendra Modi as the “biggest infiltrator” and reiterated her criticism of the Bharatiya Janata Party-led Union government in connection with the special intensive revision of voter rolls, PTI reported
Meet Team USA's ‘giantkillers’ who handed Tom Brady, Joe Burrow brutal losses in Fanatics Flag Football Published on: Mar 22, 2026 4:11 AM IST By Yash Nitish Bajaj Share via Copy link U.S. National Flag team's Isaiah Calhoun reacts after scoring a touchdown against the Wildcats FFC (AP) Key
The US has lifted sanctions on some Iranian oil, as it scrambles to contain the impact of its war in Iran on energy markets. Treasury Secretary Scott Bessent announced the issuing of a narrowly tailored, short-term authorisation permitting the sale of Iranian oil currently stranded at sea
Delhi engulfed in ‘not very common’ dense fog in March; records lowest temperature since February 26Experts attributed the occurrence of fog to a combination of recent rain, high moisture content in the atmosphere and relatively calm winds overnight. Updated on: Mar 22
Chandrasekhar, who is fighting against CPI(M) leader and state Education Minister V Sivankutty, and K S Sabarinadhan from the Congress in the April 9 polls, submitted his nomination papers before the returning officer during the day, accompanied by Rajasthan CM Bhajanlal Sharma.Chandrasekhar
Former Fed chairs condemn criminal investigation into Jerome Powell
Former Fed chairs condemn criminal investigation into Jerome Powell
Three former heads of the US central bank on Monday strongly criticised a criminal investigation into chair Jerome Powell, describing it as a bid to undermine the Federal Reserve's independence.
In a statement, Janet Yellen, Ben Bernanke and Alan Greenspan, along with 10 other eminent former officials, rallied behind Powell.
"This is how monetary policy is made in emerging markets with weak institutions, with highly negative consequences for inflation and the functioning of their economies more broadly," the former officials wrote.
"It has no place in the United States whose greatest strength is the rule of law, which is at the foundation of our economic success," they added.
The move by the Department of Justice (DoJ) comes after a year of relentless attacks on Powell by US President Donald Trump.
As well as criticising Powell's decisions on interest rates, Trump has launched personal attacks, calling the Fed chair a "major loser" and "numbskull".
The president said he did not "know anything" about the investigation. The Justice Department has been contacted for comment.
The DoJ probe was first disclosed by Powell in an unscheduled video statement on Sunday. He said the Justice Department had threatened a criminal indictment over testimony he gave to a Senate committee last year about renovations to Federal Reserve buildings.
Powell called the investigation "unprecedented" and said he believed it stemmed from Trump's anger that the Fed had not brought interest rates down more quickly.
This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings," Powell said. "Those are pretexts.
The central bank lowered the target for its key lending rate three times in the second half of 2025, putting it in a range of 3.50% to 3.75% - its lowest level in three years. But Trump has repeatedly said that the central bank has not cut interest rates as sharply as he would like.
The DoJ probe "should be seen in the broader context of the administration's threats and ongoing pressure", Powell said in his statement.
Monday's public condemnation of the DoJ move has been signed by former federal government officials appointed by both Democratic and Republican presidents.
When asked by Fox News on Monday about the Fed's independence, White House spokeswoman Karoline Leavitt deferred to the Justice Department.
Jerome Powell has proved he's no good at his job," Leavitt said. "As to whether he's a criminal, that's an answer the Department of Justice is going to have to find.
Trump has publicly urged Powell to cut interest rates in order to reduce the US government's hefty borrowing costs and to make it easier for Americans to get mortgages and other loans.
Last year, he spent months attacking Powell on social media and in remarks to reporters. He floated the possibility of firing Powell, only to quickly abandon the idea, which analysts say would rock financial markets and spark a legal battle.
Yellen, who served as Fed chair for a year during Trump's first term before she was replaced by Powell, said in separate comments that the probe was "extremely chilling".
"Knowing Powell as well as I do, the odds that he would have lied are zero so I do believe they're going after him because they want his seat and want him gone," Yellen told CNBC.
She suggested investors should be concerned about the development.
You have a president that says the Fed should be cutting rates to lower rate payments on the federal debt… It is the road to banana republic.
Trump is expected to name someone in the coming weeks to replace Powell, whose term as Fed chairman will end in May.
But the Justice Department investigation and subsequent backlash could disrupt the confirmation process.
North Carolina Senator Thom Tillis, a Republican who is a member of the Senate Banking Committee, said he would oppose the nomination of Powell's replacement by Trump, and any other Fed Board nominee, until the matter was "fully resolved".
Initial reaction in US stock markets was muted on Monday. The S&P 500 was roughly flat in early afternoon trading - a notable contrast to last year, when markets were jolted by perceived threats to the Fed's independence.
Global markets also proved "remarkably resilient" on Monday, said Danni Hewson, head of financial analysis at AJ Bell. She noted that despite the overall calm, financial stocks did slump, as investors weighed the effects of a possible 10% cap on credit card interest rates.
Still, analysts said the market reaction could grow if Trump succeeded in influencing Fed policy.
Some Republican lawmakers also raised concerns about how the Justice Department probe might affect the Fed's work.
Representative French Hill, the Republican chair of the House Financial Services Committee, said in a statement that the investigation was causing an "unnecessary distraction" and it could "undermine this and future administrations' ability to make sound monetary policy decisions".
Senator Kevin Cramer, a Republican member of the Senate Banking Committee, criticised Powell in a statement but added: "I do not believe however, he is a criminal. I hope this criminal investigation can be put to rest."
Source: BBC
Related Posts: US Media Outlets Criticise Pentagon's New Restrictions On Media Coverage Press bodies criticise sedition charges against Siddharth Varadarajan 25 legal luminaries criticise Opposition's VP candidate B Sudershan Reddy for meeting Lalu Prasad Hollywood voices outrage as stars criticise US-Israel strikes on Iran Why R Ashwin Refused To Criticise MCG Pitch Curator Despite 36 Wickets Falling Academicians criticise Youth Congress protest at AI Impact Summit CBI books former Punjab & Sind Bank branch heads in ₹1 Mardaani 3 makers strongly deny ‘missing girls’ reports linked to promotion Will protest strongly with ICC Netizens Strongly React To Sara Ali Khan
In 2018, a young tigress stopped appearing on camera traps in Bandhavgarh Tiger Reserve in Madhya Pradesh. There was no official report of conflict as well as no records of carcass recovery or poaching incidents. This indicated that she had not died within the reserve.In 2018
2 hours ago
The Union government on Saturday allowed an additional 20% allocation of commercial liquefied petroleum gas to states and Union Territories, taking the overall allocation to 50%. Of the total amount, an allocation of 10% will be given on the condition that states undertake measures to ease the
2 hours ago
DICGC risk-based premium: How much will banks pay for deposit insurance?RBP framework provides a bank with a discount of up to 33.33% on the deposit insurance premium based on its rating category and an up to 25% vintage incentive. Updated on: Mar 22
2 hours ago
Maharashtra politics heats up after a state women's commission chief resigns due to her association with a spiritual leader accused of rape. The Uddhav Balasaheb Thackeray Sena now targets Deputy Chief Minister Eknath Shinde. Leaders demand action against political followers of such spiritual
2 hours ago
TikTok star Taylor Frankie Paul sat uneasily in her chair during a live interview on ABC's Good Morning America this week, caught between trying to promote her turn in the network's new series of The Bachelorette and addressing fresh domestic violence allegations lodged against her by her
2 hours ago
West Bengal Chief Minister Mamata Banerjee assured the minority community of her support during her Eid-ul-Fitr address, criticizing the BJP's alleged deletion of minority names from electoral rolls. She vowed to challenge these actions in the Supreme Court
2 hours ago
In the age of convenience, using frozen, deep-fried or processed meats that are brimming with preservatives is the norm. It makes life easier on days when work and life collide. However, a new study has found that eating too much ultra-processed food may significantly increase the risk of serious
2 hours ago
Mohit Suri on eight-hour shift in film industry debate: ‘Emraan Hashmi shot 24 hours with me’Director Mohit Suri feels improved working hours shouldn’t be reserved only for actors, but must also consider the well-being of the entire crew. Mar 22, 2026
2 hours ago
Cuba’s national power grid suffered a nationwide collapse on Saturday, plunging the island into darkness for the second time in a week as the communist government struggles to maintain electricity supplies for its 10 million residents amid a U.S.-imposed oil blockade and ageing infrastructure
2 hours ago
The National Farmers' Union has warned that food prices in the UK are likely to go up as a result of the conflict in the Middle East. NFU President Tom Bradshaw told the BBC that the price of cucumbers and tomatoes could rise over the next six weeks
2 hours ago
Global intelligence agencies, including the CIA and Mossad, were closely watching during Nowruz on Friday to see whether Iran’s new Supreme Leader, Mojtaba Khamenei, would uphold his father’s tradition of a New Year’s address. However, the holiday went by without Mojtaba’s address
2 hours ago
Iran’s Islamic Revolutionary Guard Corps (IRGC) on Saturday claimed it had struck an Israeli F-16 fighter jet over central Iran, even as Israel announced fresh overnight strikes on ballistic missile production facilities in Tehran. In a statement carried by Sepah News
2 hours ago
These have been directed by PNGRB to shorten the timeline between the submission of applications and the commencement of gas supply to consumer households and pursue mass awareness initiatives. Also Read :India set to become rich by 2047? How growth
2 hours ago
The combined wealth of Assam Chief Minister Himanta Biswa Sarma and his wife Riniki Bhuyan Sarma has increased to Rs 35.16 crore in 2026 from 17.27 crore in 2021, showed the affidavit filed by the Bharatiya Janata Party leader on Friday. Himanta Biswa Sarma had filed the affidavit along with his
2 hours ago
When Liverpool came to Brighton last May, the away end was in party mode at the full-time whistle despite the defeat as they sang and celebrated with inflatables and balloons. By then, Arne Slot's side had won the Premier League title and a trip to the south coast was another excuse to enjoy
2 hours ago
The National Highways Authority of India will use advanced AI dashcams on 40,000 km of highways. This initiative aims to improve road maintenance and safety through data-driven operations. High-resolution imagery will help identify over 30 types of defects
2 hours ago
For most office workers in India, the concept of working out like Bollywood’s “New Age Action Hero" Vidyut Jammwal, who is known for his incredible Kalaripayattu-powered feats, seems absurdly unattainable. The actor is believed to exercise for up to nine hours every day
2 hours ago
In the high-stakes arena of the 2026 Assam assembly elections, observers say Chief Minister Himanta Biswa Sarma has deployed a political strategy that is as audacious as it is effective: dismantling the Congress party by absorbing its most influential DNA. On March 19
2 hours ago
Indian man escorted off flight after demanding seat change from US-based techieA United States-based software developer has sparked a discussion on in-flight etiquette after refusing to switch seats with an Indian man on a plane Published on: Mar 22
2 hours ago
India faces an LPG crisis as the US-Israeli war on Iran disrupts shipments through the Strait of Hormuz, which supplies 85-90% of the country’s imports. Tanker delays and safety concerns have caused cylinder shortages, rising prices, and rationing, hitting households and eateries hard
2 hours ago
Comprehensive financial planning: Reflect on FY25 and plan for FY26 and beyondThe annual review of the financial year. Updated on: Mar 22, 2026 4:10 AM IST By Gopal Gidwani Share via Copy link The financial year-end is a good time to reflect on what worked well this year and what did not go as
2 hours ago
With the inauguration of the Noida International Airport in Jewar drawing closer, a key concern for travellers across Delhi-NCR is accessibility. While the airport promises to ease pressure on Delhi’s existing aviation infrastructure, its location in western Uttar Pradesh means commute time will
2 hours ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.7 Running watches that actually help you run better in 2026Running watches have changed how people track every mile. Here are seven options that stand out when it comes to performance
2 hours ago
This Tiramisu Day, indulge in one of the world’s most beloved desserts. With its irresistible layers of espresso-soaked sponge, velvety mascarpone, and a dusting of cocoa, tiramisu continues to inspire chefs and cafés to reinterpret it in both classic and contemporary ways
2 hours ago
Is playing music good for the brain?Studies show music boosts memory, brain function and may slow ageing, offering benefits far beyond performance or talent Updated on: Mar 21, 2026 3:31 PM IST The Economist Share via Copy link THE MEN who raided Joseph Haydn’s grave hoped that his genius would
2 hours ago
Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian, conveying Eid and Nowruz greetings and expressing hope for peace and stability in West Asia. He also condemned attacks on critical infrastructure, warning that such actions threaten regional stability and disrupt global
2 hours ago
The latest hike comes amid rising energy costs, including LPG and crude oil, which have increased operating expenses for restaurants and delivery partners, prompting platforms to adjust pricing. New Delhi: Food delivery platform Zomato has increased platform fee by 19.2 per cent or Rs 2
2 hours ago
