Punjab Wire-nail Factory Seeks Protection to Battle High Import Duties and Foreign Competition

September 19, 2025

Punjab Wire-nail Factory Seeks Protection to Battle High Import Duties and Foreign Competition

Khusiram of Punjab Wire-nail Factory says high customs duties on imported wire kill profit, while foreign goods outshine local products. He urges government to give protection to Indian makers!

Government Plans Rs. 100 Crore Flood Relief Fund Using Special Postage Stamps and State Levies

September 19, 2025

Government Plans Rs. 100 Crore Flood Relief Fund Using Special Postage Stamps and State Levies

The Indian government is cooking up a plan to raise Rs. 100 crores for flood-hit Bihar, Orissa, and UP. The secret weapon? A special postal stamp all must use and extra charges on stamp papers and vehicle taxes. But will the states agree? Let’s find out!

Hyundai Workers Protest Over Wage Talks, Cry 'No Consultation' in Sriperumbudur Plant

September 19, 2025

Hyundai Workers Protest Over Wage Talks, Cry 'No Consultation' in Sriperumbudur Plant

About 60 Hyundai workers protested at Sriperumbudur, saying they were left out of wage deals. Police dispersed the crowd, but the plant kept running smoothly.

Bank of Canada Slashes Interest Rate to 2.5% Amid Job Losses and Slowing Economy!

September 18, 2025

Bank of Canada Slashes Interest Rate to 2.5% Amid Job Losses and Slowing Economy!

In a surprise move, the Bank of Canada dropped its key interest rate to 2.5%! Why? Because jobs vanished, the economy slowed, and tariffs hit key industries hard. Governor Tiff Macklem said this bold step aims to balance risks as unemployment rises to 7.1%. What’s next for Canada’s economy? Stay tuned!

SBI Sells 13.18% Yes Bank Stake to Japan’s SMBC for Rs 8,889 Crore in Mega Deal

September 18, 2025

SBI Sells 13.18% Yes Bank Stake to Japan’s SMBC for Rs 8,889 Crore in Mega Deal

State Bank of India has sold a 13.18% stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation for a whopping Rs 8,889 crore. This is the biggest cross-border banking deal in India. SBI Chairman praised the partnership that saved Yes Bank, making history in India’s banking world!