IndiaApr 04, 2025
ED Seizes Assets Worth Rs 22.02 Crore from Congress MLA Rana Gurjit Singh
The Enforcement Directorate (ED) has seized assets worth Rs 22.02 crore belonging to Punjab Congress MLA from Kapurthala, Rana Gurjit Singh, and his son, Rana Inder Pratap Singh, who is an independent MLA from Sultanpur Lodhi. The seized property is linked to their company, Rana Sugars Limited.
This action was taken by the Jalandhar office of the ED in connection with a case involving violations of the Foreign Exchange Management Act (FEMA). The ED alleges that Rana Sugars Limited held funds abroad without informing the Reserve Bank of India (RBI) and the Securities and Exchange Board of Indi
WorldApr 04, 2025
China Imposes 34% Tariff on U.S. Goods Amid Escalating Trade War
China has announced a 34 percent tariff on all goods imported from the United States in response to tariffs imposed by U.S. President Donald Trump. China’s Finance Ministry stated on Friday that the new tariff will come into effect from April 10, condemning the U.S. action as a bullying tactic.
The Ministry criticized the move as a violation of international trade rules that severely undermines China’s legitimate rights and interests. The growing trade tensions have sparked fears of a global recession, leading to a massive sell-off in stock markets worldwide.
Asian markets, including Indi
CanadaApr 04, 2025
Brazil to Require Visas for Canadian Tourists Starting April 10
Canadian tourists will now need a visa to visit Brazil, with the new requirement taking effect on April 10. Canadian passport holders must obtain a visa for stays of up to 90 days for tourism purposes.
However, visas are not required for stays of up to 90 days for business or student purposes. This policy change will also apply to travelers from the United States and Australia.
According to VFS, the company authorized by the Brazilian government to issue e-visas, travelers who already have a valid physical visa in their passport for the purpose of their trip do not need to apply for a new one
CanadaApr 04, 2025
Sharp Job Loss Hits Canadian Economy in March
The Canadian economy experienced its largest job loss since 2022 in March. Statistics Canada reported on Friday that 33,000 jobs were lost last month, causing the unemployment rate to rise by 0.1 percentage point to 6.7 per cent.
The report noted that uncertainty over tariffs has impacted new hiring and triggered some layoffs. The most significant drop in employment occurred in the private sector. Most economists had anticipated signs of weakness in the job market in March, as companies delayed investment and hiring amid ongoing tariff concerns.
According to Statistics Canada, a total of 1.5
BCApr 03, 2025
BC Premier David Eby to Meet Prime Minister Mark Carney Over Trump’s Tariff Threats
BC Premier David Eby announced today at a news conference in Victoria that he will meet with Prime Minister Mark Carney to discuss President Donald Trump's tariff threats against the province's softwood sector.
Eby revealed that he will also meet with forest industry leaders in Prince George tomorrow. His primary concern is that Trump's rhetoric about targeting BC's softwood industry could result in job losses on both sides of the border.
Notably, Eby made strong remarks about Trump, emphasizing that the longstanding relationship between the US and Canada would not be undermined by the wrong
IndiaApr 03, 2025
Punjab Government Allocates Rs 100 Crore for Mukhyamantri Teerth Yojana
Punjab Chief Minister Bhagwant Mann has approved the resumption of the Teerth Yatra scheme for the people of the state. Under this initiative, individuals over the age of 50 will be able to travel to religious places free of cost, with the government covering the entire expense. A budget of Rs 100 crore has been allocated for the scheme.
Finance Minister Harpal Singh Cheema announced that registration for the scheme will begin at the end of April, and the yatra will commence in May. Travel arrangements, including both bus and train options, will be provided for those aged 50 and above. The li
CanadaApr 03, 2025
Quebec government tables bill to combat election disinformation and interference
The Quebec government has introduced a bill to preserve the integrity of the electoral process by tackling deliberate disinformation and election interference.
The bill tabled today by the province's minister for democratic institutions would make it an offence to knowingly spread false information to influence or disturb an election or compromise the public’s trust in the electoral process.
Jean-François Roberge says it would also be an offence to falsely represent the chief electoral officer or a candidate in order to mislead the public.
Roberge says examples of false representations incl
BCApr 03, 2025
B.C. Government Faces Major Setback as Credit Ratings Downgraded
B.C.'s David Eby government is facing a significant setback. Global credit rating agencies S&P and Moody’s both downgraded British Columbia's credit rating on the same day. The agencies cited the province's growing deficit and lack of a clear plan to exit its fiscal crisis.
Moody’s projected that British Columbia's deficit will widen to $14.3 billion this year, which is 31 percent higher than the estimate made by Finance Minister Brenda Bailey in last month's budget and 57 percent higher than the most recent estimate of last year's deficit.
Moody’s stated that B.C.'s credit outlook
CanadaApr 03, 2025
Poilievre Pledges to Scrap GST on Canadian-Made Vehicles
Conservative Leader Pierre Poilievre has pledged to eliminate the GST on Canadian-made cars and light trucks if elected. He stated that this measure would save Canadians up to $2,500 on vehicles priced at $50,000 or less, while also boosting demand for domestic automobiles and protecting auto industry jobs.
During a campaign stop in Kingston, Ontario, Poilievre urged provincial premiers to cut provincial taxes by the same amount, which could result in total savings of up to $7,000 per vehicle for consumers.