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The Canadian dollar has been steadily declining over the past couple of months — a drop many economists and currency experts have linked to the rising expectations of a Donald Trump victory in the lead up to the U.S. election. The loonie is down just over four per cent against its U.S. counterpart since late September, and 1.5 per cent since Nov. 5. It slumped nearly a half per cent after Trump announced that, on day one of his presidency, he would impose a 25 per cent tariff on all goods entering the United States from Canada and Mexico.

TORONTO — The Healthcare of Ontario Pension Plan (HOOPP) has named Annesley Wallace as its new president and chief executive, effective April 1.

Economists from the Bank of Baroda, ICICI Bank, HSBC and Standard Chartered now expect a CRR cut later this week as the Reserve Bank of India (RBI) would rely on the CRR lever, instead of the policy rates, to support growth through liquidity injection. CRR refers to the cash lenders must set aside as part of prudential norms. These funds, kept with the RBI, don't earn any interest. The pressure on the rupee, lower government cash balance and foreign portfolio (FPI) outflows have combined to cast a shadow on growth, although concerns over inflations haven't yet receded.

Bryana Bana Bongolan has eventually filed a lawsuit against Sean Diddy Combs in Los Angeles while alleging him of sexual battery, emotional distress and false imprisonment, reported Daily Beast. According to Daily Beast, the 17 page lawsuit which was submitted in the month of November claimed that Sean Diddy Combs left her fearing for her life after an incident on September 26, 2016, where he allegedly dangled her off a 17 story balcony and sexually assaulted her at the luxury apartment of his then-girlfriend, Cassie Ventura. Bryana Bana Bongolan is seeking nearly $10 million in damages for the emotional trauma she has endured. Also Read: Parthenope: A24 film’s trailer, plot, cast and release date

Parents who want to help jumpstart their kid's credit score and credit history can take one fairly easy step, money experts say: Add your child as an authorized user to your credit card account.

MicroStrategy (MSTR) bought another $1.5 billion worth of bitcoin (BTCUSD) last week, the company said Monday.

White House on Monday defended President Joe Biden's decision to pardon his son, Hunter, and said the president believed his political opponents would have kept persecuting his son going forward. «They would continue to go after his son,» White House spokesperson Karine Jean-Pierre told reporters on Air Force One during a trip to Angola. Jean-Pierre said this was not the first time a president had pardoned a family member.

The Department of Supervision, RBI, recently conducted an analysis, which revealed that the number of inoperative accounts/unclaimed deposits in several banks was on the higher side vis-a-vis their total deposits as well as in absolute terms, it said. «The banks are ...advised to take necessary steps urgently to bring down the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle free,» a notification to chiefs of all the banks said.

Insolvency and Bankruptcy Board of India (IBBI) on Monday extended the deadline for filing forms to monitor liquidations by a month to December 31. The extension follows a request by liquidators and Insolvency Professional Agencies, citing technicalities and issues involved in the submission of the forms, the regulator said in a communication to stakeholders. Earlier, the deadline was extended from September 30 to November 30.

Maharashtra but there is no end to the suspense on who the next chief minister will be. For the second time in the last four days, a meeting of the Mahayuti leaders had to be cancelled on Monday due to the unavailability of caretaker chief minister Eknath Shinde. He was taking rest at his Thane residence as per doctor's advice. Shinde on Sunday had said that he and the two deputy CMs (BJP's Devendra Fadnavis and NCP chief Ajit Pawar) would take forward the discussions on the CMs post, distribution of portfolios and party-wise berths in the new Cabinet on Monday. The three Mahayuti leaders held their first meeting in Delhi last week in the presence of Union home minister Amit Shah and BJP chief J P Nadda but failed to reach a consensus on power-sharing agreement. The much-awaited second meeting of the Mahayuti leaders last Friday was put on hold after Shinde suddenly flew to his native village Dare in Satara district citing ill health.

Missing You, a gripping adaptation of Harlan Coben’s novel. The story combines romance, mystery and unresolved secrets.

wheat and rapeseed. India is expected to experience above-normal minimum and maximum temperatures from December to February, with fewer «cold wave days expected», the India Meteorological Department said in a statement. Winter-sown crops such as wheat, rapeseed, and chickpea are planted from October to December and need cold weather during their growth and maturity stages for optimal yields.

financial influencers, capital market regulator Sebi has cracked down on Baap of Chart, a popular social media influencer in the trading community, and asked its operators to refund investors who had availed advisory services. In its order, the regulator barred Nasiruddin Ansari and his associates, who operated the Baap of Chart platform, from accessing the securities market for allegedly providing unregistered investment advisory services and violating market regulations.

Bank of America has picked up more than 160,000 sq ft office space in a commercial complex in Mumbai’s Powai locality through a long-term lease of 12 years, with provisions for future scalability to accommodate growth, said people with direct knowledge of the development. Bank of America will be paying rentals of over Rs 350 crore for this new office spread across three floors. As per the agreement, it holds an option to pick up additional 1 lakh sq ft spanning two floors taking the total size of the deal to 250,000 sq ft and rental payout to Rs 600 crore. The investment bank has entered into the lease agreement with K Raheja Corp’s Chalet Hotels for this office space at Cignus Powai through its subsidiary BA Continuum India.

«The two families knew each other but it was only a month ago that everything was finalised. This was the only possible window as her schedule will be hectic from January,» Sindhu's father, PV Ramana, told PTI. «So that is the reason the two families decided to have the marriage ceremony on December 22. The reception will be held in Hyderabad on December 24. She will start her training soon after as the next season is going to be important.»

The improvement reported by the Institute for Supply Management (ISM) on Monday tracked similar increases in other sentiment surveys, which have risen on hopes of more business-friendly policies from the incoming Trump administration. Still, manufacturing is not out of the woods yet. ISM Manufacturing Business Survey Committee Chair Timothy Fiore noted that «production execution eased in November,» consistent with demand sluggishness and weak backlogs, and that suppliers continue to have capacity, with lead times improving but some product shortages reappearing.

Subscribe to enjoy similar stories. In the race to become a national brand, Puravankara Ltd, a Bengaluru-based real estate company, will set aside up to ₹2,000 crore for acquiring land in the next 12 months. The group plans to triple its land bank to about 45 million square feet from the current 15 msf of net developable area in the next three years.

Baillie Gifford's and Schroders' decisions coincides with the deadline for the SDR naming and marketing rules today (2 December), while asset managers that filed a request to adopt one of the FCA's four labels before October 2024 will have until 2 April 2025 to comply. The ‘Sustainability Impact' label will be taken up by the Baillie Gifford Positive Change fund and a pair of Schroders strategies: the Schroders Capital Real Estate Impact fund and the Schroder BSC Social Impact Trust, both of which had already revealed their intention to adopt the label.  Schroder and Victory Hill beco...

The finance ministry had projected inflation would slow to 5.8%-6.8% in November and ease to 5.6%-6.5% in December, in a monthly economic report published last week. The South Asian country slashed interest rates by 250 basis points earlier in November to help revive a sluggish economy amid a big drop in the rate of inflation.

IIT Kharagpur students received 750 offers, including pre-placement offers, till the end of Day 1 of Phase-I of the 2024-25 placement process, the institute said in a statement on Monday. Most of the companies have extended roles to students in software, analytics, finance, banking, consulting, and core engineering. Nine students have secured international offers and 11 students have received compensation packages exceeding Rs 1 crore in Day 1. The highest package received so far is 2.14 Cr. Apple, Capital One, DE Shaw, Glean, Google, Graviton, Microsoft, Optiver, Quantbox, Databricks, Squarepoint Capital, Ebullient Securities, Samsara and many more companies participated on Day 1. Few companies such as Capital One, Microsoft, Qualcomm, American Express, Flipkart, Meesho, Mastercard have given significantly large number of offers, the institute said.

Union Minister of State for Food Processing Industries Navneet Singh Bittu shared the data of organic food products exported during the last five years and current year in a written reply to Lok Sabha. As per the data, 6,38,998 tonnes were exported in 2019-20 for USD 689.10 million; 8,88,179.68 tonnes for USD 1,040.95 million in 2020-21; 4,60,320.40 tonnes for USD 771.96 million in 2021-22; 3,12,800.51 tonnes for USD 708.33 million in 2022-23; and 2,61,029 tonnes for USD 494.80 million in 2023-24 financial year.