A significant shift is reshaping the investment landscape, signaling a potential end to traditional fund management. Investors are increasingly moving toward passive index funds, which automatically follow market indexes using computer algorithms. This trend has caused a decline in actively managed funds, which rely on investment managers to outperform the market. In the U.S., the…
HAL Granted ‘Maharatna’ Status: Shares Surge, Market Cap Crosses ₹3.2 Lakh Crore Hindustan Aeronautics Limited (HAL) received the prestigious ‘Maharatna’ status, boosting its shares by over 2%. The stock hit ₹4,544.80 on the NSE following the announcement. In the past year, HAL’s stock has seen a 129% rise, with a 526% increase in three years….
A confidence vote on a government budget motion may not happen on Wednesday after all, but the Liberals are still under pressure as they face a vote on a Bloc Québécois ultimatum. The ways and means motion that paves the way to legislate a change to capital gains taxes was initially scheduled for this afternoon…
Canadians are set to receive goods and services tax or harmonized sales tax credits this week from the federal government — the last such payments of the year. These tax-free quarterly payments will go out to eligible Canadians who earn low and modest incomes on Friday. They are meant to help individuals and families offset…
Young Canadians are still striving to enter the housing market even as affordability barriers persist, a new report from Royal LePage suggests. The survey released Tuesday gauged how young Canadians — broadly including those born from 1986 to 2006 — feel about their homeownership prospects. A little over half (54 per cent) of those in…
Finance Minister Chrystia Freeland says owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year. The Finance Department says the federal government will send more than $2.5 billion to about 600,000 Canadian businesses in December. The payments will return a portion of the carbon price…
