Srisailam temple receives over ₹4.17 crore in hundi offerings
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
an hour ago
- Mint
TSX adds to weekly gains as technology shares climb
(Updates at market close) TSX ends up 0.5% at 27,494.35 Eclipses Wednesday's record closing high July 25 (Reuters) - Canada's main stock index rose to a record high on Friday, with technology shares leading gains as investors turned attention to key events next week, including a Bank of Canada policy decision. The S&P/TSX Composite Index ended up 122.09 points, or 0.5%, at 27,494.35, eclipsing Wednesday's record closing high. For the week, the index was up 0.7%. The move has been supported by trade optimism "as negotiations have progressed on the U.S. side and also corporate profits that are coming in pretty strong," said Angelo Kourkafas, senior global investment strategist at Edward Jones. Policy decisions are due from both the BoC and the Federal Reserve on Wednesday, while an August 1 deadline looms for Canada to reach a trade deal with the United States. "That summer calm may be tested," Kourkafas said. "We are seeing some signs of complacency, which raise the risk of near-term volatility, but fundamentals remain supportive." The Canadian central bank will hold its overnight interest rate steady at 2.75% for the third consecutive meeting, thanks to a recent rise in inflation and a fall in unemployment, according to a Reuters poll of economists that still found many expect at least two more cuts this year. The technology sector rose 1.8%, boosted by a 4.7% gain for the shares of Lightspeed Commerce, which is due to release earnings next Thursday. Shares of e-commerce company Shopify added 2.5%. Industrials were up 0.7% as railroad shares notched gains and heavily weighted financials ended 0.5% higher. Energy was a drag, dipping 0.5%, as the price of oil settled 1.3% lower at $65.16 a barrel. (Reporting by Fergal Smith in Toronto and Sanchayaita Roy in Bengaluru; Editing by Tasim Zahid and Rod Nickel)
Time of India
2 hours ago
- Time of India
US-led forces kill IS commander in Syria's Aleppo
Damascus: A raid by US-led forces in northwestern Syria Friday killed a senior member of Islamic State militant group, the US military said. US Central Command said it had killed IS member Dhiya Zawba Muslih al-Hardan and his two adult sons, who were also affiliated with the group, early Friday in a raid in the town of al-Bab, in Syria's Aleppo province. It said the men "posed a threat to US and Coalition Forces, as well as the new Syrian Govt." The Syrian Observatory for Human Rights, a UK-based war monitor, said the raid was carried out through an airdrop of forces, and that ground forces from the Syrian govt's forces and the Kurdish-led Syrian Democratic Forces participated.
Time of India
2 hours ago
- Time of India
'Tarrif, not negotiation': Trump says he doesn't expect Canada trade deal; August 1 deadline set for 35% duty
Donald Trump (AP file photo) US president Donald Trump has said he does not expect a trade deal with Canada before his 1 August deadline, warning of heavy tariffs if talks fail. Speaking before flying to Scotland on Friday, Trump said, "We haven't really had a lot of luck with Canada. I think Canada could be one where there's just a tariff, not really a negotiation. " Canadian prime minister Mark Carney, however, made it clear this week that Ottawa won't be rushed. 'Canada will not accept a bad deal,' he said, pushing back against US pressure. — Tablesalt13 (@Tablesalt13) Trump has threatened a 35% tax on Canadian goods if no agreement is reached. But the tariff won't apply to products that fall under the existing North American trade pact between the US, Canada, and Mexico. Washington has already imposed a 25% blanket tariff on certain Canadian goods, a 50% tariff on aluminium and steel, and a 25% duty on all non-US-built cars and trucks. Trump claims these steps will protect American jobs and industry. Canada, which sends about 75% of its exports to the US, could take a major hit — especially its auto sector, which is closely tied to the American market. Talks between the two sides have been ongoing since Carney took office in May, but progress has been slow. Meanwhile, Trump has announced trade deals with other countries, including Japan, which agreed to a 15% tariff in exchange for a $550 billion investment in the US.
