Country Financial News

One in three Canadians say they are living in a household that is experiencing financial hardship, a new Statistics Canada report has found.

Mamata Banerjee wished Virat Kohli his 35th birthday expressing her joy in the fact that legendary Indian batsman will be playing in Kolkata on his big day. Mamata wrote on X, 'Happy that the legendary Indian batsman Virat Kohli is there in Kolkata on his birthday to play a historic match for our country. I wish him and his family success.' Along with this post, Mamata also posted a picture of Virat on Twitter. Since his early years, Virat Kohli has been a constant presence in the world of cricket.

Vinay Paharia, CIO, PGIM India MF, says “financials is an area of opportunity, to be very frank because there are lots of good quality companies or private banks or NBFCs with very strong structural growth ahead of them. These are the companies which have much higher than average return on equity and they have clearly been stable businesses. We are clearly overweight private banks and non-bank financial companies and see this as a great source of opportunity.” What is your market outlook in terms of how the valuations stack up versus the earnings growth that we have seen in the quarter gone by? Definitely the valuations currently are at a premium and are seemingly capturing most of the fundamentals for the next six months to one year. We have borrowed some returns from the future and hence, for the near term we are a little bit cautious purely on valuation reasons.

Vivek Karwa, Chief Executive Officer — Vridhi Investment, says “the first thing to look at is how long the company has been in business. That is one important point. And is there any more? For example, when you talk about paints, which company comes to your mind? When you talk about theatres, which company comes to your mind? So there are companies which have extremely high moat and brand recall. Those companies always tend to do better.” What is fundamental analysis and what should one keep in mind while analyzing companies based on fundamentals? There is no one fixed formula even in fundamental analysis. There are so many things. And anytime you analyze a company, there are so many revolving parts and you have got to put everything together and then come to a conclusion whether you want to buy or not.

Economic Times, Sweden's Saab will set up a new facility in the country that will manufacture shoulder-fired rockets. Citing sources, the English daily added that the ₹500 crore FDI proposal was cleared last month. Mint could not independently verify the report.

Reuters reported. Police in countries around the world have reported a surge in anti-Semitic and Islamophobic offenses in the wake of Hamas' attack on Israel on October 7. The war between the two nations has entered its 30th day with Israel continues to batter Gaza with airstrikes.

Canada, External Affairs Minister S Jaishankar said on Saturday as the ties between the two sides remained strained following Canadian Prime Minister Justin Trudeau's allegations of a «potential» involvement of Indian agents in the killing of a Khalistani separatist. The external affairs minister said both sides have been in touch and hoped that a way would be found to resolve the row. At the same time, he asserted that «sovereignty and sensitivity» cannot be one-way streets.

work-life balance in a post-pandemic world. Their preferred destinations: the UK, Dubai and Singapore. Improved airline connectivity and technology have made it convenient to travel and be in constant touch with colleagues and family in India, helping the transition. Key reasons stoking this trend include better infrastructure, quality of life, wealth preservation and growth. Many of these promoters told ET on the condition of anonymity that India is important as a growth market, but many countries outside offer ease of living. Having a professionally run business has helped promoters and their next generation focus on growing their operations and wealth, experts say.

World Health Organization. Expressing concern about the expected deterioration in air quality in the coming days due to Diwali and stubble burning in neighbouring states, Delhi Environment Minister Gopal Rai shot off a letter to Union Environment Minister Bhupender Yadav urging that only CNG, electric and BS VI-compliant vehicles be permitted in Delhi-NCR. He also requested for an emergency meeting with NCR states to address the issue.

SYDNEY (Reuters) — Australia's Treasurer Jim Chalmers said on Sunday he planned to name a new Reserve Bank of Australia deputy governor in the next month, after Michele Bullock vacated the role to take the reins as RBA governor.

By Helen Coster

India Mobile Congress 2023 was buzzing with cutting edge-technology. At the largest telecom and technology forum in Asia, tangible use-cases and innovative products on display truly sparked excitement and captivated the attention of attendees. Mixed reality glasses Jio showcased its upcoming JioGlass, a mixed reality (MR) headset in the shape of an unassuming pair of spectacles at the gigantic Jio booth, along with a more affordable JioDive VR headset. This unobtrusive piece of wearable tech promises to bridge the gap between our physical world and the limitless possibilities of augmented and virtual reality.

earthquake occurred at 1 am on 5 November and the epicentre of the quake was 215 km north of Ayodhya at a depth of 10 km. Taking to X (formerly Twitter), NCS wrote, “Earthquake of Magnitude:3.6, Occurred on 05-11-2023, 01:07:22 IST, Lat: 28.73 & Long: 82.26, Depth: 10 Km, Location: 215km N of Ayodhya, Uttar Pradesh." NCS is the nodal agency of the Government of India for monitoring of earthquake activity in the country. Earlier on Friday, tremors were felt in the Delhi-National Capital Region (NCR) and some other parts of north India as earthquake of 6.4 magnitude hit Nepal.

IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, November too sees strong market buzz - similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. In the primary market last week, mainboard IPO of Cello World, Honasa Consumer and ESAF Small Finance Bank opened to raise ₹4,064 crore.

(Reuters) — Canada's police probe into the June murder of a Sikh separatist in British Columbia has been damaged by a high-level Canadian official's public statements, India's High Commissioner to Canada, Sanjay Kumar Verma, told the Globe and Mail in an interview published on Saturday.

By Gloria Dickie and Valerie Volcovici

MADRID (Reuters) — More than 500 migrants were rescued in the Atlantic Ocean off Spain's Canary Islands, the Spanish coastguard said on Saturday, as the number of people arriving on the archipelago so far this year neared an all-time record posted in 2006.

Narendra Modi asserted on Saturday that his government has broken many real, perceived and exaggerated barriers, laying the foundation for building a developed, grand and prosperous India. Speaking at the Hindustan Times Leadership Summit here, he referred to the theme of the event — 'Beyond Barriers' — and said the 2024 Lok Sabha poll results will see people supporting the ruling BJP «beyond barriers». The media group's theme of its 2047 summit will be "Developed Nation: What Next", he said in a lighter vein in reference to his government's call for making the country developed by the centenary of its independence.

love jihad" and cow smuggling in Chhattisgarh after the Bharatiya Janata Party comes to power, Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday. Addressing a poll rally in Kawardha Assembly seat, Adityanath termed the Congress as a «problem for the country, society and public». Referring to the victory of the Congress in the 2018 polls in the state as a «mistake», he claimed Ram Navami processions were banned, while a worker opposing «love jihad» was brutally murdered.

KYIV: President Volodymyr Zelensky denied on Saturday that Ukraine's war with Russia had reached a «stalemate», pushing back at suggestions Western leaders were lobbying for peace talks. The sprawling frontline between the two warring sides has barely moved in almost a year, with one senior Ukrainian official warning this week that the conflict was deadlocked. «Time has passed, people are tired… But this is not a stalemate,» Zelensky told a news conference in Kyiv with EU Commission chief Ursula von der Leyen. The Ukrainian leader also rejected the idea Western countries were putting pressure on Kyiv to enter talks with Russia, amid reports US and EU officials had discussed what such negotiations would entail. «No one among our partners is pressuring us to sit down with Russia, talk to it, and give it something,» he said. With the war now in its 20th month and Ukraine struggling to gain ground in its counteroffensive, Zelensky has regularly met Western leaders to try to stave off fatigue with the conflict. Zelensky said the war between Israel and Hamas had also drawn attention away from Ukraine, and said that this was «Russia's goal». «Of course, it's clear that the war in the Middle East, this conflict, is taking away the focus,» Zelensky said. «We have already been in very difficult situations when there was almost no focus on Ukraine,» he said, but added: «I am absolutely sure we will overcome this challenge.» Ukraine's backers, including the United States, have maintained they are ready to support Kyiv with military and financial support for as long as it takes to defeat Russia. Zelensky's comments came as EU Commission chief von der Leyen visited Kyiv to discuss Ukraine's progress toward joining the

Hindustan Times Editor-In-Chief R Sukumar, Jaishankar said, “I feel that there is room for diplomacy here. I know that my counterpart in Canada has also expressed that same position. So, we have been in touch.