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Canada’s standard of living is in decline, both in absolute terms and compared to our southern neighbour and other wealthy countries. A Fraser Institute analysis shows that real GDP per capita was lower during the pre-recession period 2016-19 than in any similar period since 1985. As of the last quarter of 2023 it was below its value for 2019:Q2. It’s no surprise that 44 per cent of Canadians now say money is their leading source of stress.

night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities.

Federal Reserve Bank of Cleveland President Loretta Mester said the US central bank should consider ways to better communicate to the public how economic conditions will affect future policy decisions.

Out of 20 funds assessed in the year to 31 December, 12 received a Green rating, seven funds an Amber rating and one fund received a Red rating due to performance challenges.  Managed by Archibald Ciganer since 2013, the Japanese Equity fund is down 18.9% in the last three years, while the TOPIX index has gained 18.1% over the same period, according to the fund's factsheet. After receiving an Amber rating in 2022, the strategy «failed to demonstrate improved performance last year», T. Rowe Price stated in its analysis. It said that despite delivering a positive annualised return in...

AbleCredit, a credit underwriting company, has raised $1.25 million in the seed round led by Merak Ventures, with participation from Venture Catalysts and Helios Holdings. The investment from Merak Ventures will enable the startup to scale its operations, along with business growth and expansion, it said.

₹1,600 - 1,700 , Olectra Greentech share price has successfully broken out of a bearish trendline that had persisted for 3 - 4 months. “Olectra Greentech stock is now comfortably maintaining its position above this trendline, indicating a strong upward movement.

Oil prices perked up in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 76 cents at $82.88 a barrel by 1411 GMT. The more active August contract rose 80 cents to $82.64. U.S. West Texas Intermediate (WTI) crude futures were up 78 cents at $78.50.

₹242, the NTPC Ltd stock fell out of favour with investors, just ahead of the initial public offering (IPO) of Reliance Power. What then followed seemed like a never-ending lull until recently. Over the past one year, NTPC’s shares have more than doubled to ₹370 per share on the back of talk about the unlocking of value in NTPC Green Energy, its renewable (RE) power generation subsidiary.

Apple Inc faced a significant challenge recently: declining iPhone sales. This trend, a stark contrast to the company’s record of rapid growth and dominance in the global smartphone market, raises critical questions about the future of one of the most iconic products in consumer electronics. A recent Bloomberg article highlights Apple’s woes, listing 10 reasons why it is in trouble (bloom.bg/3wKhj1z).

top 10 cybersecurity courses, helping aspirants narrow their choices and find the ideal course to advance their careers.1. Advanced Executive Program in Cybersecurity from IIITB and NPCI2. Bachelor of Science Cyber security3.

Mint analysis of the last seven years of data for PMAY-G (2017-18 to 2023-24), spanning both terms of the government, indicates the scheme was starkly back-loaded. Of the sanctioned 25.3 million houses in this period, 22 million have been built. Striking, nearly 68% of them were built in just three years —2019-20 to 2021-22 – and the pace has been slow in the past two fiscal years.

stolen goods on the road, the thieves use some perilous stunts to sit back on the moving bike, and the truck driver has no idea what happened.The social media users looked impressed with the bravery and drama of the thieves as they drew parallels with the plot of the Dhoom series and Fast and Furious. “So this is what happens when you combine dhoom and Fast n furious," one user said. Some even questioned why the truck driver is driving slow on a empty road.

Buy or sell stocks: Despite finishing the week flat, the domestic benchmark indices, the Nifty 50 and the Sensex, had their best week since the beginning of February thanks to increases in metal and financial sectors.During the session, the Sensex reached a new all-time high of 75,636.50, but it was unable to maintain its gains and ended the day 8 points lower at 75,410.39. The Nifty 50 reached a new all-time high of 23,026.40 during the session, but finished the day 11 points down at 22,957.10.According to Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, the Nifty 50's 23,000 milestone is something to celebrate, and the positive takeaway was that the benchmark ended a choppy session just a tad below the dotted lines, most importantly, shrugging off extremely weak overnight Wall Street cues.Buyers are seen confident amidst investors hoping or expecting continuation of the current regime in the general elections, and oil prices tumble towards $76 a barrel, said Tapse.

Foreign Institutional Investors (FIIs) have been consistently selling in the Indian markets, withdrawing their funds for 11 consecutive days. In fact, in May 2024 alone, they have pulled out Rs.27,938 crore, marking the highest monthly outflow since January 2023. But, how are Indian markets affected by this?

political battle in the country is set to end soon as voting for the sixth and penultimate phase of Lok Sabha polls will be held on May 25, Saturday. The phase will be polling across 58 constituencies in six states and two Union territories, including all the seven seats in Delhi and the Jangal Mahal region in Bengal. Besides the national capital, polling will be held Saturday in 14 seats in Uttar Pradesh, all 10 seats of Haryana, eight seats each in Bihar and West Bengal, six seats in Odisha, four seats in Jharkhand and one seat in Jammu and Kashmir. Simultaneously, polling will be held for 42 assembly constituencies in Odisha. Click here to participate in our Lok Sabha Elections Survey to gauge the mood of the nation

Earlier this month, the Election Commission of India ordered repolling at a polling station in Gujarat’s Dahod Lok Sabha constituency. The reason? A man had gone viral live-streaming while voting at the booth on 7 May, after which the poll body deemed the votes that had already been cast as worthless, and decided to repeat the process. The digital era may throw up new reasons for repolls, but the phenomenon isn’t new.

₹2.1 trillion, the surplus (note, not dividend, since RBI is not a commercial entity) is the highest-ever payout by the central bank, and more than double the previous year’s ₹86,416 crore. This is good news. Especially since the transfer has been done after beefing up RBI’s contingency risk buffer (CRB) to the upper end of the band (5.5-6.5% of its balance sheet) suggested by the 2019 Bimal Jalan committee.

stocks, as the central bank's record dividend to the government kindled hopes of a reduction in the country's fiscal deficit. Stocks that were in focus include names like ITC, which rose 0.068%, KPI Green, which jumped 0.82%, and Grasim, whose shares rose 0.010% on Thursday.

₹90,000-mark, fuelled by a parallel rise in gold and copper prices, but market watchers warn of a pullback. India Inc's corporate results have been a mixed bag so far with banking and financial services firms dominating much of the topline growth and profits. The price of silver on India's commodity exchange, MCX, has surged past ₹90,000 per kg.

Retirement account balances have reached their highest levels in over two years, driven by record-high contributions and favorable market conditions, according to Fidelity Investments’ first-quarter 2024 retirement analysis.

Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) declared their January-March quarter results for fiscal 2023-24 (Q4FY24) this month and have received bullish-to-neutral rating from domestic brokerage firms. Earlier this year, the CGDs announced a reduction in their respective compressed natural gas (CNG) prices across all locations.MGL, the city gas operator in Mumbai and its adjoining areas, announced a ₹2.5 per kg reduction in the CNG price on March 6.