Breadcrumb Trail Links Economy Areas of the economy most sensitive to rates already seem to be in recession Bank of Canada governor Tiff Macklem hiked rates by 25 basis points at the June 7 meeting. Photo by Sean Kilpatrick/Canadian Press/Bloomberg Article content There are lies. There are damned lies. And then there are statistics. To […]
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Breadcrumb Trail Links News Economy An excerpt from Everybody’s Business: How to ensure Canadian prosperity through the twenty-first century Canada could be on the cusp of the greatest potential for individual opportunity and wealth creation in history. Photo by National Post Article content The following is an excerpt from Everybody’s Business: How to Ensure Canadian […]
About 88 per cent of wage payments under the Mahatma Gandhi National Rural Employment Scheme (MGNREGS) was made through the Aadhaar Based Payment System (ABPS) in May, the Union rural development ministry said.In a statement, the ministry also said that out of the total 14.28 crore active beneficiaries, Aadhaar has been seeded for 13.75 crore. […]
Debt-ridden Pakistan‘s Finance Minister Ishaq Dar on Saturday said that his country would not default on any sovereign commitments and overcome the current economic problems through long-term reforms.Speaking to a delegation of the Karachi Chamber of Commerce and Industry (KCCI), which called on him here ahead of the finalisation of budget 2023-24, Dar also said […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
The government on Friday imposed stock limits on tur and urad dals held by wholesalers, retailers, importers and millers till October to prevent hoarding and check price rise. An order in this regard was issued with immediate effect by the Union Food and Consumer Affairs Ministry. All India average retail price of tur has increased […]
Citing a better-than-estimated global growth outlook, lower global crude oil prices and robust services exports, a foreign brokerage has revised upwards its India growth forecast by 70 bps to 6.2 per cent for the current fiscal.House economists at Swiss brokerage UBS have already revised global growth projections upwards by nearly 50 bps to 2.6 per […]
Article content TORONTO — Canadians’ combined outstanding debt hit a new record in the first quarter, reaching $2.32 trillion, TransUnion said Wednesday. Article content As the cost of living rose with high inflation and interest rate hikes, many Canadians turned to credit to alleviate financial pressures, the credit reporting agency said in its latest industry […]