Business Archives - Page 22 of 56

25 Feb

Toronto Man Arrested After Year-Long Online Child Exploitation Probe

Rajeev Sharma0 CommentsBusiness

Toronto (Rajeev Sharma): Niagara Regional Police have apprehended a 50-year-old Toronto man following an extensive undercover investigation into child exploitation that lasted nearly a year. The probe, spearheaded by the Niagara Internet Child Exploitation (ICE) Unit, was launched in March 2025 as a proactive measure to identify individuals utilizing the internet to target children for sexual purposes. By February 2026, the investigation expanded to include the Peel Regional Police ICE Unit after authorities determined the suspect was continuing his illicit online activities. On Tuesday, February 24, 2026, officers arrested Joseph Michael Mortillaro and charged him with two counts of luring…

25 Feb

Strategic National Expansion Drives Profit Surge for National Bank of Canada

Rajeev Sharma0 CommentsBusiness, CanadaCanadian Western Bank acquisition, CWB integration update, National Bank of Canada earnings Q1 2026, National Bank profit growth

Montreal (Rajeev Sharma): National Bank of Canada reported a robust increase in its first-quarter earnings on Wednesday, February 25, 2026, largely credited to the successful integration of the Canadian Western Bank (CWB). The Montreal-based financial institution, which ranks as Canada’s sixth-largest lender, outperformed market expectations by leveraging its newly expanded footprint in Alberta and British Columbia. This strategic acquisition has transitioned the bank from a regional powerhouse in Quebec to a formidable national player, providing a significant lift to its bottom line during a period of economic transition. Financial disclosures indicate that the CWB deal accounted for a nearly 20%…

24 Feb

Union Cabinet Approves Renaming Kerala to ‘Keralam’ Ahead of Assembly Polls

Gurpreet Singh0 CommentsBusiness

New Delhi (Gurpreet Singh): In a historic move, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Kerala government’s proposal to officially rename the state as ‘Keralam’. This decision aligns the constitutional name of the state with its Malayalam nomenclature and follows a persistent demand from the state’s legislative body. The cabinet’s nod initiates the formal constitutional procedure required for a name change under Article 3. The process will involve the introduction of the Kerala (Alteration of Name) Bill, 2026. Union Minister Ashwini Vaishnaw confirmed that the bill will now be referred by the President to…

24 Feb

US Supreme Court Curbs Presidential Power on Tariffs, Sparks Political and Market Reactions

Rajeev Sharma0 CommentsBusiness

Washington (Bureau): In a landmark development, the U.S. Supreme Court has reinforced that the constitutional authority to impose taxes and broad tariffs lies with the U.S. Congress, not with the president acting unilaterally under emergency powers. The ruling, delivered by a 6–3 majority, underlined that while the president can act in limited trade matters under specific statutes, sweeping “global tariffs” cannot be justified solely on the basis of national emergency declarations. The decision is seen as a setback to the protectionist trade approach long advocated by President Donald Trump, whose economic agenda relied heavily on tariffs as a tool to…

22 Feb

PM Modi Launches India’s First RRTS Corridor: A ₹12,930 Crore Boost for “New Uttar Pradesh”

Gurpreet Singh0 CommentsBusiness

Meerut (Gurpreet Singh): In a landmark event for India's urban infrastructure, Prime Minister Narendra Modi officially dedicated the entire 82 km Delhi-Meerut Namo Bharat (RRTS) corridor to the nation on Sunday, February 22. Flagging off the final sections from Meerut’s Shatabdi Nagar station, the Prime Minister signaled the completion of a project designed to revolutionize travel between the national capital and its neighboring industrial hub. Accompanied by Chief Minister Yogi Adityanath, the Prime Minister undertook a ride on the new metro system, inspecting the high-speed infrastructure that now links Sarai Kale Khan in Delhi directly to Modipuram in Meerut. The…

22 Feb

Trump Defies Supreme Court with 15% Global Tariff Hike, Reversing India Trade Gains

Rajeev Sharma0 CommentsBusiness

Washington DC (Rajeev Sharma): In a swift escalation of transatlantic and transpacific trade tensions, U.S. President Donald Trump has increased his newly proposed global tariff to 15%, just 24 hours after initially setting it at 10%. This defiant move follows a landmark 6-3 Supreme Court ruling on Friday, February 20, which struck down the administration’s previous emergency-based tariff regime as unconstitutional. The Court ruled that the President exceeded his authority by using national emergency laws to impose broad taxes on imports—a power that belongs exclusively to Congress. President Trump sharply criticized the judicial decision as "ridiculous" and "anti-American," immediately pivoting…

21 Feb

India and Brazil Target $20 Billion Trade Milestone Following Modi-Lula Summit

Rajeev Sharma0 CommentsBusiness, India, World NewsDigital Public Infrastructure, Global Biofuel Alliance, India Brazil Bilateral Trade, MERCOSUR Trade Expansion, Modi-Lula Summit 2026

New Delhi (Rajeev Sharma): Prime Minister Narendra Modi and Brazilian President Luiz Inácio Lula da Silva have charted an ambitious economic roadmap, setting a bilateral trade target of $20 billion over the next five years. During a high-level summit in New Delhi on Saturday, the two leaders held extensive discussions aimed at elevating their strategic partnership. Highlighting Brazil’s status as India’s primary trading partner in Latin America, Prime Minister Modi characterized the burgeoning economic ties as a "reflection of trust" between the two emerging global powers. The bilateral talks focused heavily on technological integration and the expansion of the MERCOSUR…

21 Feb

Canadian Dollar Slides as Markets Weigh Retail Slump and Landmark U.S. Tariff Ruling

Rajeev Sharma0 CommentsBusiness

Ottawa (Rajeev Sharma): The Canadian dollar edged lower, capping a volatile week as investors balanced disappointing domestic retail data against a high-stakes U.S. Supreme Court decision that invalidated President Donald Trump’s broad emergency tariffs. The loonie fell 0.1% to trade at 1.3687 per U.S. dollar, ending a week that saw the currency lose 0.5% of its value. While a cooling inflation trend in Canada had already weakened the currency, a strengthening U.S. dollar and geopolitical uncertainty in the Middle East further pressured the exchange rate. A major driver of market sentiment was the U.S. Supreme Court's 6-3 ruling, which struck…

21 Feb

Stars of “Tu Juliet Jatt Di” Add Television Glamour to Chandigarh’s 54th Rose Festival

Gurpreet Singh0 CommentsBusiness

Produced by Sargun Mehta & Ravi Dubey (Dreamiyata Entertainment), ‘Tu Juliet Jatt Di’ airs daily at 07:00pm on COLORS & JioHotstar! Chandigarh (Gurpreet Singh): Television glamour found a vibrant new address at Chandigarh’s iconic Rose Festival as the stars of COLORS’ ‘Tu Juliet Jatt Di’ stepped into the city’s most cherished celebration with their distinctive Punjabi swag. Riding high on the popularity of its refreshing narrative twist, where marriage comes first, college follows, and love finds its way last - Nawab aka Syed Raza, Heer aka Jasmeet Kaur, and Gulab aka Sangita Ghosh marked their presence at the 54th edition…

19 Feb

Veteran Director MM Baig, Father of Child Artiste Baby Guddu, Found Dead in Mumbai

Gurpreet Singh0 CommentsBusiness

Mumbai (Gurpreet Singh) – The Indian film industry mourns the loss of veteran filmmaker MM Baig, who was found dead at his Mumbai residence on Thursday, February 19, 2026. Baig, who was in his 70s, was best known as the director of the 1994 film Chhoti Bahu and as the father of Baby Guddu (Shahinda Baig), one of the most prominent child stars of the 1980s. The tragic discovery was made after neighbors alerted the police regarding a foul odor emanating from Baig’s home. Local authorities entered the premises to find the filmmaker’s body, which was subsequently sent to Cooper…