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Brookfield Asset Management is cashed up and hunting big-ticket infrastructure debt deals down under.

By Luc Cohen and Jody Godoy

This article is part of Global News’ Home School series, which gives Canadians the basics they need to know about the housing market that they never learned in school.

Dabur India Ltd on Thursday reported a 3.3% year-on-year increase in September quarter profit to ₹507.04 crore. Revenue from operations grew 7.27% to ₹3,203.84 crore. India FMCG volumes grew 3% y-o-y during the quarter, the maker of Vatika shampoo and Dabur Red toothpaste said in a stock exchange filing.

Canadians anxious for lower interest rates, especially those looking to renegotiate their mortgages in the near future, will likely have to wait until the middle of next year for the Bank of Canada to start to cut, CIBC economist Benjamin Tal believes.

Jamie Dimon said Texas risks undermining its business-friendly reputation with laws designed to punish Wall Street banks for policies that limit work with the gun and fossil fuel industries.

Two meetings in Bismarck this week are receiving public comment on the draft environmental review of the controversial Dakota Access oil pipeline

World Cup match to leave themselves eyeing an unwanted record. All the first three Sri Laka batsmen dismissed were out for nought, with both openers falling for golden ducks at the Wankhede Stadium. Sri Lanka created an unwanted record as they were bundled out for 55 runs.

Shami, Siraj and Bumrah on Thursday and lost by 302 runs in the ongoing ICC World Cup. With this thumping victory India became the first team to qualify for the semi-finals of the tournament.

Peter Craig Dutton — has expressed concerns around Beijing’s “level of aggression” in the Indo-Pacific. Dutton himself is in India for a four-day visit for the ongoing Economic Trade Delegation Summit which began on November 1, 2023.

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₹20,000 crore were signed during a roadshow organized in Ahmedabad. The MoUs were signed with 50+ industrial groups in the presence of Uttarakhand Chief Minister Pushkar Singh Dhami and include sectors like health, logistics, education, hospitality, etc. The chief minister is holding back-to-back meetings with investors inviting them to the investors summit to be organized at the state's capital Dehradun.

HCL Tech founder Shiv Nadar retained his position of most generous Indian for the third year in a row on the EdelGive Hurun India Philanthropy List 2023 by giving away Rs 2042 crore, or Rs 5.6 crore a day. Wipro’s Azim Premji came next, with an annual donation of Rs 1,774 crore. Nadar’s donation, 76% higher than a year ago, came to more than the amount donated by the rest of the philanthropists in the top 10, barring Premji. Mukesh Ambani was third on the list, with donations amounting to Rs 376 crore, a fall of 8% from a year ago. Seven women made it to the list, with philanthropist Rohini Nilekani donating the most at Rs 170 crore. Indian philanthropists seem to be giving more than ever before – in the 2023 list, 119 philanthropists contributed Rs 8445 crore, a jump of close to 60% from a year ago, and a 200% surge from three years ago. Fourteen Indians donated over Rs 100 crore according to the 2023 list, from 2 in 2018 while the number of Indians who donated over Rs 50 crore doubled from 2019, at 24. “This is a record year for big philanthropy… Given India’s potential for wealth creation and assuming a continued commitment to philanthropy by billionaires, I anticipate these figures to double over the next five years,” Hurun India MD and chief researcher Anas Rahman Junaid said in a statement.

Americans are living longer but the downside is that many will require assistance from family members, who may in turn face a financial burden.

GST) revenue hit ₹1.72 trillion in October, the second-highest since the rollout of this indirect tax regime. The average monthly GGST collection during the first half of 2023-24 has been ₹1.65 trillion, which has become a new benchmark. This monthly revenue figure has been tracked in recent years as an indicator of economic growth.

PRNewswire. The event will take place in Paris in association with GIFEN, the French Nuclear Industry Association. It will witness over 650 exhibitors and around 20,000 participants from over 76 countries, reported PRNewswire.

Air pollution linked to higher incidence of type 2 diabetes: Report With a persistent smog blanketing Delhi for the third consecutive day, many parts of the city recorded their air quality in the 'severe' zone on Thursday. Scientists have warned of a further spike in the national capital in the coming days due to the surge in farm fires and unfavourable weather conditions.

By Stephen Nellis

Attempting to pinpoint the optimal moments for buying or liquidating a fund is probably a fruitless endeavour, according to a recent research report by Morningstar. Even funds that surpass the benchmark typically tend to closely follow or lag behind it for the most part. The stock market’s superior performance compared to cash in the long run can be attributed to only a handful of pivotal months. Several factors contribute to this:

Maneesh Dangi, Founder, Macro Mosaic Investing, says “it is very unlikely that the US would have a 2008 play out because the US balance sheets are pretty clean in terms of household balance sheets and corporate balance sheets are not levered. But that cannot be said for Europe, cannot be said for China, it cannot be said for many other emerging markets. So I do not know and I do not think a GFC kind of liquidation or credit events are going to play out in the US but then it is more likely that it could pay out in some other places. Thankfully, Indian balance sheets look as clean as they were in 2007. So India is out of the picture as far as that sort of balance sheet stress is concerned.” Do you think everything is moving on expected lines? The Fed was not supposed to increase rates, they have not increased rates. The Fed was supposed to say that they are keeping the interest rate window open, which is what they said. The Fed was supposed to increase their outlook for the US economy, which they did. So, the Fed is becoming rather easy to call now. Yes, it is a sensible Fed because having taken the rates higher by about 550 basis point, Fed is deeply aware as we all are, that interest rates work with a lot of lag and incidentally I was reading a research report today early that perhaps today's interest rates operating in US could be of last Diwali.

Tyring to find the best time to buy or sell a fund is most likely futile. Most of the time, even outperforming funds basically track or trail the index, according to research by Morningstar.