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!

West Bengal Gov to Pay Early September Salaries Before Durga Puja Festivities

September 18, 2025

West Bengal Gov to Pay Early September Salaries Before Durga Puja Festivities

Great news for Bengal’s government staff! The state will pay September salaries early, on September 24-25, just before the grand Durga Puja holidays. This includes wages, stipends, and honorariums. Pensions and welfare payments will come on October 1. Get ready to celebrate stress-free!

Sensex and Nifty Shine Bright After Fed Cuts Rates, Investors Eye RBI Moves

September 18, 2025

Sensex and Nifty Shine Bright After Fed Cuts Rates, Investors Eye RBI Moves

Indian stock markets are all set to roar higher with Sensex and Nifty gaining big, powered by the US Fed's surprise rate cut. With hopes for more foreign money and a possible RBI rate cut in October, investors are all smiles!

GST Shake-Up: Tax Slabs Cut to Boost ₹2 Lakh Crore Into Economy, Say Finance Minister

September 18, 2025

GST Shake-Up: Tax Slabs Cut to Boost ₹2 Lakh Crore Into Economy, Say Finance Minister

Big GST changes are here! Tax rates on many goods fall from 12% to 5% and 28% to 18%, meaning cheaper daily items and more money in your pocket, says Finance Minister Nirmala Sitharaman.