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The Bank of Canada is widely expected to cut its policy interest rate by 25 basis points on Wednesday and there are few indications that it will stop there, economists say.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Infosys on Tuesday issued more appointment letters to the remaining engineering graduates who are awaiting onboarding for the last two years. The move comes a day after the Bengaluru based IT major sent more than 1,000 appointment letters on Monday. People close to the development said that Infosys is seeing a better demand environment and the appointment letters will be sent gradually to everyone who is waiting to onboard by December of this year. They said that with Infosys revising its revenue guidance upward to 3-4% for the full year against its earlier guidance of 1-3%, the company now requires more headcount than earlier. Meanwhile, last week, Infosys’ chief executive, Salil Parekh, in an interview to PTI, said, “We changed some dates but beyond that everyone will join Infosys and there is no change in that approach.”

Another death is being linked to dangerous Takata air bag inflators by U.S. regulators, the 28th in the United States

Karnataka is expected to pitch for GST exemption on health and life insurance only on such products used by the working and lower middle classes at the upcoming GST Council meeting. The Congress-ruled state is not in favour of a blanket exemption on premium insurance products bought by the higher income groups, according to Krishna Byre Gowda, the state’s revenue minister who represents the southern state on the GST Council. “We are open to the issue,” he told ET, responding to queries on demands for the removal of 18% GST on life and health insurance premium. “We will suggest health and life insurance, which are more of a working class and lower middle class issue, should be looked at positively, regardless of revenue considerations,” Gowda said.

The Shiba Inu price has gained by 2% today, rising to $0.00001358 as the cryptocurrency market as a whole posts a 1% return in 24 hours.

A former top official at South Africa’s state-owned passenger railway company has received a 15-year concurrent prison sentence for faking his engineering qualifications and other cases of fraud

Netflix will reportedly stream 'Barbie' director Greta Gerwig's Narnia movie. Even though the OTT streaming giant is yet to make it official, there are reports that claimed first major casting for the film has been undertaken. This came six years after Netflix publicly announced in 2018 that Narnia Books will be adapted. In 2023, there were reports that Gerwig will helm the project, as per a report on WhatsOnNetflix. Netflix so far has not divulged any details regarding release date of Narnia movie, or who will feature as main cast.

loan loss provisioning by publicly listed banks in the June quarter increased to a four-quarter high led by a select banks including public sector banks (PSBs) such as State Bank of India (SBI) and Central Bank of India and private sector banks such as Axis Bank, Kotak Mahindra Bank, and Bandhan Bank. The sequential increase can be attributed to seasonal weakness in collections and higher delinquencies in the retail segment. For a sample of 29 banks, provisioning for non performing assets (NPAs) reached Rs 25,737.1 crore in the June 2024 quarter. On a sequential basis, these provisions rose by 11.3%, following an 18.3% increase in the previous quarter. The increase in provisioning in the June quarter was driven largely by the private sector banks, which posted a 38% sequential jump whereas the PSBs reported 2.9% drop in provisions.

₹48,000 crore to J.C. Flowers Asset Reconstruction Pvt. Ltd in December 2022 for ₹11,183 crore.

Bloomberg’s Mark Gurman has reported that Apple is concentrating on reducing production costs for the entry-level iPad. It remains uncertain whether these cost-saving measures will translate into a price drop for consumers, or if Apple will simply improve its profit margins.Reportedly, the current 10th generation iPad is powered by the A14 Bionic chip.

Oil prices dropped more than 3% on Tuesday after Bloomberg News reported that a deal was imminent to resolve a dispute that has halted Libyan production and exports, pushing prices to their lowest since around the beginning of the year. The news of more crude supply possibly returning to the market came as prices had already fallen on the belief that demand was being undercut because of sluggish economic growth in China, the world's biggest crude importer.

Wall Street's main indexes opened lower on Tuesday as investors moved to the sidelines ahead of a slew of economic data reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year. The Dow Jones Industrial Average fell 73.41 points, or 0.18%, at the open to 41,489.67.

ActiVote poll conducted between August 25 and September 2 indicates that Kamala Harris's lead over Donald Trump has decreased to just 1.6 points. Trump currently holds 49.2 percent of the vote, while Harris has 50.8 percent. This narrow advantage is within the 3.1 percent margin of error for the poll, suggesting a close contest. This represents a considerable decline from Harris's 5-point advantage in the previous ActiVote survey, which was completed by 1,000 potential voters between August 15 and August 23, as per the reports of MSN.

Trai's massive crackdown against pesky calls and unregistered telmarketers. The move came after Telecom Regulatory Authority of India (Trai) asked telcos to blacklist and disconnect unregistered telemarketers. In a statement issued on Tuesday, Trai said it has observed a significant rise in spam calls, with more than 7.9 lakh complaints reported against unregistered telemarketers in the first half of 2024. In a bid to put a check on this, Trai had issued stringent directives to all access providers on 13th August 2024, and mandated access providers to immediately stop promotional voice calls from unregistered senders or telemarketers using SIP, PRI, or other telecom resources, according to the statement.

The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United States border.

British financial technology firm Zilch on Tuesday reported its first-ever month of profit, marking a key milestone for the company as it looks toward an eventual initial public offering.

The Israeli military says it has killed a Hamas militant who appeared in a widely viewed video from Oct. 7, where he was seen drinking from a bottle of cola in front of two children wounded in a grenade attack that had just killed their father

Nitin Gadkari said. Speaking at the second edition of Tunnelling India conference by the Federation of Indian Chamber of Commerce and Industry (Ficci) on Tuesday, Gadkari underlined technology upgradation and cost-effective solutions to tackle the unique challenges of India’s diverse terrain while maintaining high-quality standards. “We need to find out exactly which is the best technology that is cost-effective without compromising on quality,” he said, suggesting the need for adopting global best practices in infrastructure development.

MakeMyTrip's ‘How India Travels Abroad’ report for the period of June 2023 to May 2024. Rajesh Magow, co-founder and Group CEO, MakeMyTrip, said with rising disposable incomes, greater exposure to global cultures, and the increasing ease of travel, more Indians are exploring both domestic and international destinations for leisure as well as business. «Our data attests to the growing confidence in exploring new destinations and indulging in different/ luxury experiences, which is also transforming the travel industry,» he said. «While domestic tourism remains buoyant, as noted in our previous report, our latest findings highlight the notable changes in international travel behaviour driven by macroeconomic factors that are fuelling the surge in travel among Indians. These trends present an exciting opportunity for the travel and tourism industry to innovate and cater to the evolving needs of Indian travellers,» he added.