– Ontario Premier Ford in Washington to talk tariffs – Oil glut for 2025 predicted by IEA – USD trading with bearish bias ahead of PPI data, USDCAD: open 1.4370, overnight range 1.4360-1.4405, close 1.4369, WTI 67.24, Gold 2947.81 The Bank of Canada delivered a widely anticipated 25 bps rate cut, bringing its benchmark rate…
There will be lingering uncertainty over the next 2-3 quarters over more skeletons in IndusInd Bank’s (IIB) closet and management continuity, according to CLSA. The aforementioned observation comes in the backdrop of RBI granting only a year’s extension for the MD (versus three years recommended by the Bank’s board) followed by disclosure of a net…
Canada’s main stock index sank on Thursday, as investors remained risk-averse amid an intensifying trade war with the United States. The TSX Composite Index declined 220.11 points to 24,203.23. The Canadian dollar docked 0.35 cents to 69.29 cents U.S. Alimentation Couche-Tard’s founder said the retailer could bolster its $47-billion offer for…
The federal government will not place trade sanctions on the US in retaliation to the US placing tariffs on Australian products. Source link
Private sector banks have emerged as the key drivers of credit disbursement to Micro, Small, and Medium Enterprises (MSMEs) under the Priority Sector Lending (PSL) framework, with their lending soaring nearly threefold over the past five years. The total credit extended by private banks to MSMEs surged from ₹4.56 lakh crore in 2019 to ₹12.64…
Advertisment Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The Dow Jones Industrials crumbled 537.36 points, or 1.3%, to 40,813.57, its fourth day of declines. The S&P 500 sank 77.78 points, or 1.4%, to 5,521.52,…
Sam Jones and Nadia Budihardjo discuss the seat of Curtin ahead of the looming federal election. Source link
The fourth meeting of Andhra Pradesh State Investment Promotion Board (SIPB) on Thursday, chaired by Chief Minister N Chandrababu Naidu in Amaravati, approved investments worth ₹1,21,659 crore from 10 companies in diverse industries including power and tourism. The approved investments included Premier Energies in Naidupeta (₹1,742 crore), Dalmia Cement in Kadapa (₹2,883 crore), Lulu Global International…
Meta (NASDAQ:META) is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, including allegations of sexual harassment by the company’s policy chief. An emergency arbitrator ruled Thursday that Sarah Wynn-Williams is prohibited from promoting “Careless People,” her book that…