Following Diwali celebrations, nearly 300 people in Madhya Pradesh suffered severe eye injuries caused by carbide pipe guns. Majority of victims were children, with many possibly facing permanent vision loss.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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