India's currency, the rupee, has plunged in value. Many local people are feeling the effects of monetary policies from across the world.
The US president has nominated Jerome Powell as the new chair of the central bank. While Trump wants low rates to boost growth and the stock markets, he knows that what Wall Street values most is safe hands.
Federal Reserve Chair Janet Yellen has told the US Congress that interest rates will not have to rise much further. Politicians are concerned that three rate rises have taken place amid an uneven economic recovery.
India's creaky public healthcare system has spawned a network of private hospitals that is driven by profits. Over the years it has led to medical malpractices at the cost of gullible patients. Murali Krishnan reports.
The Federal Reserve has announced the second interest rate hike this year, lifting it by 0.25 percent to 1-1.25 percent. That's the highest level since 2008, when rates were cut in the wake of the financial crisis.
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