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Bank of Canada governor Tiff Macklem said policymakers may have done enough to tame inflation, reinforcing market and economist expectations that short-term rates have peaked.

Canada’s housing market is in “recessionary” territory, and it’s going to get worse before it gets better, economists warned this week.

A new charter codifying the relief that lenders must offer financially strapped mortgage borrowers is drawing mixed reviews from market watchers, with some warning that elements of the policy will prolong overheated housing market conditions and add upward pressure on interest rates.

Formula One (F1) racing season for this year, the 22-race circuit will conclude this month with the Abu Dhabi Grand Prix. Here is everything you need to know about Abu Dhabi Grand Prix 2023: When is the Abu Dhabi Grand Prix? The race will start on November 26 at 7:55 a.m. ET.

Siddaramaiah on Thursday announced that under the program, the state had ferried 100 crore women across the state in government owned buses free of charge. Till now, the corporations have provided around Rs 2,200 worth of free tickets in the five months since the scheme was launched, according to data released by the transport department. Taking to social media platform X, the CM called the scheme a boon for women travelling regularly.

The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates

Pricing for the average new car continues to rise, with the latest reports pegging the average new vehicle transaction price around $48,000

₹72,990, with an instant discount of ₹5,000 available through HDFC Bank Cards and other exchange offers. Additionally, there is a 7.5 percent instant discount, up to Rs. 7,500, for HSBC Bank Credit Card EMI transactions on a minimum purchase of Rs.

₹25,000 that offers a good camera, fast processor and at least 8GB RAM. Here are some of the top phones currently available in this price range. This smartphone is up for grabs at ₹21,999.The device features a 6.5-inch Super AMOLED display with FHD+ resolution, protected by Corning Gorilla Glass 5.

Uttarkashi Tunnel LIVE Updates In his recent post on X, formerly Twitter, the 68-year-old business tycoon expressed his confidence in the National Disaster Response Force (NDRF) personnel, and called them “heroes". “Our collective, national prayers for their rescue. The @NDRFHQ are heroes & I know they will bring them out as soon as possible," wrote Mahindra on X.

Reserve Bank has imposed monetary penalties on five co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Shri Mahila Sewa Sahakari Bank Ltd, Porbandar Vibhagiya Nagarik Sahkari Bank Ltd, Sarvodaya Nagarik Sahakari Bank Ltd, The Khambhat Nagarik Sahakari Bank Ltd and The Vejalpur Nagarik Sahkari Bank Ltd.

NBA official Scott Foster ejected Warriors star Chris Paul just before halftime during the Golden State Warriors' 123-115 loss to the Phoenix Suns on Wednesday night. The contentious decision unfolded at the Footprint Center, with Paul receiving two quick technical fouls for disputing a foul call made by Foster in the closing seconds of the first half. The clash intensified when Paul, known for his history with Foster, argued over the call that sent Kevin Durant to the free-throw line. Unyielding in his protest, Paul's defiance prompted Foster to issue the ejection, eliciting pointed and colorful language from the Suns player. The situation escalated further, leading to Stephen Curry stepping in to separate the heated exchange. Paul's ejection marked a turbulent quarter for the Warriors, who were limited to just 16 points and five field goals, allowing the Suns to surge to a 20-point lead in the third quarter.

extraterrestrial space may not be as far away as we think. A group of researchers in China have seemingly created a miracle — a way to make oxygen on Mars. The team, based at the University of Science & Technology of China has come up with an AI-powered ‘robot chemist’ that might be able to extract oxygen from water on the red planet. According to a Nature.com report, the robot uses material found in the Mars soil to produce catalysts that break down water and release oxygen. “If you think about the challenge of going to Mars, you have to work with local materials,” TOLD Andy Cooper, a chemist at the University of Liverpool, UK in an interview with Nature. “So I can see the logic behind it.” The study was published in the Nature Synthesis journal and was led by Professor Jung Jiang. Jiang and his team used a mobile machine which was shaped like a refrigerator with a robotic limb to assess five meteorites that had originated on Mars or even if found on Earth, were believed to have resembled those on Mars. The team set out to discover if the machine could form catalysts from the material. The AI-powered tool used acid and alkali to dissolve the material and evaluate the compounds. This formed the basis for inventing a one-of-a-kind formula that could break down water and produce oxygen.

Also Read: Government proposes new law to regulate OTTs like Netflix, Amazon, Disney+ Hotstar. Details here Filmmaker Carl Rinsch had received $11 million from streaming giant Netflix for his sci-fi series. Later, he deposited $10.5 million into his Charles Schwab trading account and lost over half of it by trading options, according to the NYT report.

Ben Stokes recently took part in the ODI World Cup 2023, which he came out of retirement for. “The Chennai Super Kings management is supportive of Ben in his decision to manage his workload with England playing a 5-Test series in India before the IPL and then the T20 World Cup in June 2024," CSK said in a statement. The 32-year-old, who was picked by CSK for a whopping ₹16.25 crore in the last mini-auction, could participate in only two games in 2023 after suffering a toe injury.

₹5 lakh and will be valid for a five-year period. Renewals for another five years can be acquired before the expiry by paying ₹2,500. No licence fee will be levied on electric buses.

Amit Shah held mega roadshows in Chittorgarh, Nathdwara constituencies on the last day of campaigning for the Rajasthan assembly election. He expressed confidence that the BJP will form the government in the state, reported ANI Thursday. The Union Home Minister said people of Rajasthan have suffered due to the appeasement policies under the Congress government in the state and people are ‘very upset’ with this.

Supreme Court on Thursday adjourned by eight weeks the hearing on pleas seeking reconsideration of its July 27, 2022 verdict, which had upheld the Enforcement Directorate's (ED) powers to arrest and attach property under the PMLA. A three-judge bench headed by Justice Sanjay Kishan Kaul deferred the hearing, which continued since Wednesday, after Solicitor General Tushar Mehta, appearing for the Centre, sought time to address the arguments raised by the petitioners in detail.

Anil Kothuri, MD & CEO, Fedbank Financial Services, says RBI’s intent is to clamp down on unsecured lending which is used to fuel consumption and that is what they seek to moderate and put guardrails around. “The loans that we do are loans for working capital for self-employed customers. To the best of my understanding, that is outside the ambit of the circular that the RBI has recently issued. Almost all the loans that we do in Fedfina qualify for priority sector lending by banks.” In terms of your loan book, I believe, 86% of the portfolio is backed by the assets for the company. Where do you see this target going up? Do you expect this to be at these levels in terms of the secured loan book or could this vary and maybe see a bit of a reduction? We are in business to empower emerging India with easy access to loans. We serve the working capital requirements of the small self-employed customer. We do that against the pledge of gold, mortgage of property and we do unsecured loans too. Our unsecured book is about 14% of the overall portfolio. But it has the lowest behavioural tenor. Unsecured loans get repaid within 30 months as opposed to secured mortgage loans which get repaid in about eight years. Which is why with each passing month, the proportion of secured loans in the portfolio keeps increasing. So, this 14% that you see will keep coming down with the passage of time and we will move to a greater proportion of secured assets in our book.

Denmark is making it easier for some foreign workers to work in the country. On November 17, Denmark implemented new regulations enabling certain foreign nationals to work within its borders for short durations without the need for a residence and work permit. To qualify for this exemption, applicants must be employed by a foreign company affiliated with a Danish establishment, and the Danish company should have a workforce of at least 50 employees.

As the teams prepare themselves for next year, let's take a look at the teams which has been able to lift the prestigious cup in the past. List of past winners: