Business Archives - Page 31 of 34

07 Apr

Markets Crash: Nifty Hits 1-Year Low, Sensex Tanks Over 3,900 Points Amid Global Selloff

Rajeev Sharma0 CommentsBusinessNifty 50, Sensex

Mumbai (National Times): Indian stock markets witnessed a massive rout on Monday morning, echoing a sharp global selloff. Triggered by escalating trade tensions and sweeping tariff announcements from the United States, both benchmark indices – Nifty 50 and BSE Sensex – opened with steep losses, each plunging around 5% at the opening bell. The Nifty 50 opened at 21,758.40, dropping 1,146.05 points or 5%, marking one of its steepest single-day opening declines since the COVID-19 pandemic. Similarly, the BSE Sensex slumped by 3,984.80 points, or 5.29%, to open at 71,379.80. Global Panic Hits Indian Markets This crash follows a widespread…

04 Apr

Liberal Party Drops Edmonton Gateway Candidate Rod Loyola

Rajeev Sharma0 CommentsBusinessEdmonton, Liberal Party, Rod Loyola

Alberta ( Rajeev Sharma): The revocation of Rod Loyola’s candidacy certainly adds another layer of controversy and complexity to the federal race in Edmonton Gateway. The resurfacing of that 2009 video and Trudeau's past ideological stances have triggered a rapid response from the Liberal Party, especially given the sensitivities around Hamas and Hezbollah—both of which are officially listed as terrorist entities by the Government of Canada. This decision also leaves the Liberals scrambling in a key riding, especially as they gear up for a heated contest against seasoned Conservative candidate Tim Uppal. Given the proximity to the election date (April…

04 Apr

Farewell to ‘Bharat Kumar’: Veteran Actor Manoj Kumar Dies at 87

Gurpreet Singh0 CommentsBusinessManoj Kumar

Mumbai (National Times): Bollywood has lost one of its most iconic figures. Manoj Kumar, revered for his deeply patriotic roles and powerful performances, has died at the age of 87 in Mumbai. The actor passed away peacefully early Friday morning at Kokilaben Hospital, due to heart complications and liver cirrhosis. Known as 'Bharat Kumar' for his memorable roles in Upkaar, Kranti, and Purab Aur Paschim, Manoj Kumar was more than an actor—he was a symbol of national pride. His work inspired generations, blending cinema with a strong sense of social responsibility. Prime Minister Narendra Modi expressed his condolences on X,…

03 Apr

1 in Canada: Albertans recycle more than other Canadians

Rajeev Sharma0 CommentsBusinessAlberta, Canada, Recycling

National Times Bureau, April 3, 2025: After narrowly being beaten out by Prince Edward Island in 2022, Alberta is back on top, regaining the highest beverage container return rate in all of Canada. In 2024, Albertans returned more than two billion cans, bottles and other containers, or 85 per cent of all non-refillable beverage containers. The national average was a paltry 76 per cent. Runners-up include Saskatchewan at 84 per cent, British Columbia at 83 per cent, Ontario at 75 per cent and Quebec at 68 per cent. Alberta also continues to rapidly gain in the North American rankings, going…

03 Apr

Why Russia, Canada, and Other Countries Were Left Out of Trump’s Tariff List

Rajeev Sharma0 CommentsBusinessCanada, Donald Trump, Russia

New Delhi (National Times): Former U.S. President Donald Trump recently unveiled a new wave of tariffs, targeting countries with rates as high as 50%. However, some nations—including Russia, Canada, Mexico, North Korea, and Cuba—were notably absent from the list, sparking discussions about why they were spared. Exemptions for Canada and Mexico While Canada and Mexico were not included in Trump’s April 2 tariff announcement, this doesn’t mean they’ve escaped trade restrictions altogether. The U.S. had already imposed a 25% tariff on imports from both countries earlier this year, while Canadian energy and potash were subject to a lower 10% rate.…

03 Apr

India Responds to Trump’s Tariff Decision, Calls It a ‘Mixed Bag’ Not a Setback

Rajeev Sharma0 CommentsBusinessDonald Trump

New Delhi (National Times): In response to former U.S. President Donald Trump’s recent announcement of a 26% retaliatory tariff on Indian exports, a senior official from India's Commerce Ministry has stated that the move is a "mixed bag" rather than a major setback. India Evaluating the Impact Speaking anonymously to news agency PTI, the official explained that the new tariff structure consists of a universal 10% duty on all U.S. imports from April 5, with an additional 16% charge applying from April 10. Despite concerns over trade relations, the official assured that India is closely analyzing the potential effects on…

03 Apr

Donald Trump Praises PM Modi but Criticizes India’s Trade Policies While Announcing New Tariffs

Rajeev Sharma0 CommentsBusinessDonald Trump, Narendra Modi

Washington, D.C. (Rajiv Sharma): Former U.S. President Donald Trump recently announced a fresh set of tariffs on India, stating that the U.S. would impose "discounted reciprocal tariffs" of 26% on Indian imports. While making the announcement, he referred to Prime Minister Narendra Modi as a "great friend" but criticized India’s high tariff rates on American goods. Trump Calls for Fair Trade Practices During his speech, Trump pointed out what he sees as imbalances in trade relations between the two countries. Holding up a chart listing various countries' tariffs, he remarked: "India is very tough when it comes to trade. The…

29 Mar

Chandigarh Resident Duped of ₹1.08 Crore in Online Trading Scam

Rajeev Sharma0 CommentsBusinessChandigarh Police, Cybercrime, Investment Fraud, Online Trading Scam

Chandigarh, March 29, 2025 – Cybercrime related to online trading and investment scams is on the rise, with a fresh case in Chandigarh exposing a major fraud. A Sector 21 resident, Kanav Khanna, lost ₹1.08 crore after being lured with promises of high investment returns.Khanna filed a complaint at the Cyber Crime Police Station, Sector 17, detailing how an unidentified fraudster convinced him to invest gradually in a bogus online trading scheme. Based on his complaint, police registered a case under multiple sections of the BNS and IT Act.Surge in Cyber Fraud CasesMore than 500 online fraud cases have been…

24 Mar

Punjabi Language Receives Historic Recognition in Georgia, USA

Rajeev Sharma0 CommentsBusinessgeorgia, Punjabi Language, USA

Georgia (National Times): In a landmark decision, the Georgia State Assembly has unanimously passed House Resolution 430, officially recognizing the Punjabi language and celebrating the significant contributions of the Sikh and Punjabi communities in the state. This groundbreaking move marks the first time a U.S. state has granted legislative recognition to Punjabi, a language spoken by over 600 million people worldwide. The resolution cements Punjabi's status as an essential cultural and linguistic force, both in the United States and globally. Surinder Singh Lalli, a prominent Atlanta-based businessman and president of the Sikh American Society of Georgia, praised the resolution as…

24 Mar

Punjab Agriculture Minister Denied Permission to Visit the USA

Gurpreet Singh0 CommentsBusinessGurmeet Singh Khuddian, Punjab, USA

Chandigarh (National Times): Punjab's Agriculture Minister, Gurmeet Singh Khuddian, has been denied permission to travel to the United States. In a statement to the media, Minister Khuddian revealed that he was scheduled to lead an official delegation to the USA from March 29 to April 6. The delegation, which included officials from the Animal Husbandry Department, was set to study dairy farming practices in the US with the aim of promoting similar initiatives in Punjab. While the Ministry of External Affairs has not provided a specific reason for the denial, it was communicated that the delegation's request for travel to…