Business

Wall Street closes lower after Fed rate hike

Sep 17, 2026

New York [US], September 17: US stocks closed lower on Wednesday after the Federal Reserve raised its key interest rate by 25 basis points to a target range of 3.75-4 percent.
The S&P 500 fell 34.55 points, or 0.46 percent, to 7,551.81.
The Nasdaq Composite edged down 3.16 points to 25,978.42, while the Dow Jones Industrial Average dropped 631.21 points, or 1.21 percent, to 51,461.90.
Source: Emirates News Agency

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L-R: Dr. Narayanam Srikanth, Dy DG, CCRAS; Dr. Ajay Kumar Meena, Asst. Director, CCRAS; Prof. Vaidya Rabinarayn Acharya, DG, CCRAS; Ameve Sharma, Founder, Kapiva; Dr. R. Govindarajan, CIO, Kapiva

Kapiva Partners with Central Council for Research in Ayurvedic Sciences (CCRAS) to Commercialise Clinically Evaluated Ayurvedic Formulations

New Delhi [India], September 17: Kapiva, one of India’s most trusted science-backed Ayurvedic brands, has entered into a strategic technology transfer and commercialisation alliance with the Central Council of Research in Ayurvedic Sciences (CCRAS), an apex research body under the Ministry of AYUSH, Government of India, to bring clinically evaluated Ayurvedic technologies and formulations to a wider consumer base.

Sep 17, 2026