CBC - Business (4 minutes ago)
Superior Court Justice Donald Bisson limited the class action to Quebec residents because the case hinges on that province's consumer protection laws. In 2024, hundreds of thousands of customers were told via email they had won a boat, Montreal-based firm LPC Avocats says, in what Tim Hortons has called a technical error.
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A long-awaited liquified natural gas (LNG) export facility in Kitimat, B.C., is up and running and there are several more projects in various stages of development. Global appetite for LNG is on the rise, but some caution Canada faces significant challenges in becoming a significant industry player.
ReadThe Times of India - Business (19 minutes ago)
Post Office Small Savings Schemes Interest Rate July-September 2025: The government has announced that interest rates for small savings schemes, including PPF, NSC, SCSS, and SSY, will remain unchanged for the July-September 2025 quarter, marking the sixth consecutive quarter of static rates.
ReadThe Times of India - Business (19 minutes ago)
Reserve Bank of India reports that the Indian economy grows steadily. It remains a key global growth driver. This is due to strong economic principles and careful planning. The financial system is stable. Banks and financial firms are healthy. The central bank highlights global uncertainties. These include geopolitical issues and trade problems....
ReadThe Times of India - Business (An hour ago)
A recent report suggests India should consider allocating 3% of its GDP to military expenditure and establishing a permanent defence modernisation fund. This move aims to bolster domestic manufacturing and create a resilient defence framework. The proposal aligns with a previous recommendation to create a Modernisation Fund for Defence and Internal...
ReadThe Times of India - Business (An hour ago)
TDS and TCS are vital mechanisms under the Indian tax system for early tax collection. TDS involves payers deducting tax on payments like rent and salary, while TCS requires sellers to collect tax on specific goods, including minerals and overseas travel packages.
ReadThe Times of India - Business (An hour ago)
India's industrial output growth plummeted to a nine-month low of 1.2% in May 2025, significantly lower than the 6.3% growth in May 2024. This downturn was primarily due to the weak performance of the manufacturing, mining, and electricity sectors. While infrastructure and capital goods showed positive growth, consumer goods experienced a decline.
ReadABC News - Business (An hour ago)
The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis,...
ReadThe Times of India - Business (2 hours ago)
As India's GST completes eight years, PwC India advocates for reforms like a simplified three-rate structure and the phased inclusion of petroleum products, starting with ATF, to align with global trade dynamics. While GST collections have surged, the report highlights challenges like inverted duty structures and cascading tax effects due to the...
ReadThe Times of India - Business (2 hours ago)
Infosys is actively promoting work-life balance among its employees. The IT giant is monitoring remote work hours and cautioning staff against extended periods, citing potential health concerns. Personalized emails are sent to employees exceeding the prescribed 9.15 hours a day, five days a week.
ReadThe Times of India - Business (2 hours ago)
The rise of remote work has spurred the creation of digital nomad visas, enabling professionals to live and work abroad legally. Over 50 countries now offer these permits, catering to remote employees, freelancers, and business owners seeking a change of scenery. While offering flexibility and cultural exposure, these visas require careful planning...
ReadThe Times of India - Business (2 hours ago)
IndusInd Bank has proposed three candidates to the Reserve Bank of India for the role of managing director and CEO. Rajiv Anand is the board's top choice. This decision follows the resignations of the previous CEO and deputy CEO. The bank faced a financial setback due to accounting errors. The RBI instructed IndusInd Bank to nominate candidates by...
ReadThe Times of India - Business (4 hours ago)
Indian equities show resilience with the Sensex nearing peak levels, driven by strong large-cap performance and positive market sentiment. The RBI's rate cuts and consistent retail investment, alongside renewed foreign investment, fuel optimism. While small-caps recover, experts advise caution due to stretched valuations and the need for careful...
ReadThe Times of India - Business (4 hours ago)
Mid-market global capability centres in India are projected to create 40,000 new jobs by 2026, expanding their workforce to over 260,000. Around 120 new centres, primarily in software, BFSI, and retail, are expected, driven by firms with $300M-$2B in revenue. Recruitment will target key talent hubs, focusing on AI/ML, data analytics, and...
ReadThe Times of India - Business (4 hours ago)
Despite geopolitical tensions impacting long-haul travel, short-haul Asian destinations remain popular among Indian travelers. Thailand, Malaysia, Vietnam, and Indonesia are particularly attractive due to visa-free entry, reasonable airfares, and robust tourism infrastructure. Maldives also continues to draw Indian tourists seeking luxurious...
ReadThe Times of India - Business (5 hours ago)
Tax authorities are scrutinizing agricultural land transactions used to conceal unaccounted money. A recent ITAT verdict, addressing a tax evasion case, could disrupt this practice. The ITAT's interpretation of 'immovable assets' to include agricultural land may hinder money laundering through undervalued land purchases if endorsed by the High...
ReadThe Times of India - Business (6 hours ago)
India's diaspora sent a record $135.46 billion home in the last fiscal year, solidifying its position as the world's top recipient of remittances for over a decade. This surge, a 14% increase, is fueled by skilled workers migrating to the US, UK, and Singapore.
ReadThe Times of India - Business (7 hours ago)
Adani Enterprises is planning to raise 10 billion rupees through retail bond offerings, following a successful initial debt offering of 8 billion rupees in September 2024. The proposed issuance includes a greenshoe option of Rs 5 billion, with Nuvama Wealth Management and other firms managing the process.
ReadThe Times of India - Business (7 hours ago)
Canadians are preparing for Canada Day with various celebrations. Government offices and Canada Post will be closed, while retail hours differ by region, with some malls open and others closed. Grocery store hours vary, and public transit will operate on holiday schedules. Schools and banks are closed, but parks and outdoor facilities are generally...
ReadThe Times of India - Business (8 hours ago)
Gold price prediction today: Gold prices experienced a slight decline due to easing geopolitical tensions and reduced demand for safe-haven assets, although a weaker US dollar limited further losses. Market participants are closely monitoring Federal Reserve's rate path and any potential escalation in geopolitical risks. Experts predict a sideways...
ReadThe Times of India - Business (8 hours ago)
SSI recipients will receive their July payment on July 1, 2025, following May's double disbursement. The schedule continues in August with payments on August 1 and August 29, meaning no September SSI payment. Social Security retirement benefits in July are paid based on birth date, while SSI supports 7.4 million Americans with limited income.
ReadThe Times of India - Business (8 hours ago)
President Trump indicated he won't extend the tariff pause beyond July 9, even as India's delegation extended its stay in Washington to negotiate a trade deal. India seeks exemption from additional tariffs, while the US presses for market access in agriculture and other sectors.
ReadThe Times of India - Business (9 hours ago)
Dharavi's redevelopment will feature a dedicated commercial business district, aiming to transform the area into a dynamic urban hub. The project, led by the Adani Group, allocates a significant portion of land for Grade-A office spaces, retail outlets, and hospitality services.
ReadThe Times of India - Business (9 hours ago)
Asian stock markets rose on Monday. This was due to positive US-Canada trade talks and strong tech demand. Japan's Nikkei led gains. South Korea also saw increases. Chinese markets were mixed. Investors are watching US jobs data. A weaker report could mean Federal Reserve rate cuts. The dollar fell. Gold and oil prices also decreased.
ReadThe Times of India - Business (9 hours ago)
Stock market recommendations: Motilal Oswal Financial Services recommends Federal Bank and Prince Pipes as top stock picks for the week starting June 30, 2025. Federal Bank is expected to sustain strong loan and deposit growth, driven by strategic portfolio rebalancing and a focus on CASA.
ReadThe Times of India - Business (15 hours ago)
Torrent Pharma is set to acquire a controlling stake in JB Chemicals & Pharmaceuticals for approximately Rs 18,000 crore, marking the second-largest pharma deal in India. The acquisition involves purchasing a 46.4% stake from KKR, followed by an open offer to public shareholders. This deal will create India's second most valued pharma company, with...
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