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Qualifying rate starting as of Jan 01, 2018 will be either contract rate + 2% OR 5-year benchmark rate set by the Bank of Canada.

Objective: To slow down the housing market and ensure long-term stability, according to the Government.

Implication: Clients with exactly the same income before will be qualified for less starting next year. 132 more words

Market News

Ayurveda market size seen at $8 billion by 2020

Emphasising that Ayurveda will provide affordable healthcare, Union Minister for State for AYUSH Shripad Yesso Naik on Monday said a three-fold increase in market size of Ayurvedic products from $2.5 billion to $8 billion is expected by 2022. 241 more words

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Stock Markets – Daily Note – 17 Oct

Ger30, UK100 and SP500 are CFD’s, written over the Dax30, Footsie100 and S&P500 Index futures:

In the pre-opening, the European indexes rehearsed without major fluctuations. One of the best sectors in recent weeks has been the miner. 444 more words

Market News

Options Trading To Help Formalise Gold Trade, Says Arun Jaitley

New Delhi: Finance Minister Arun Jaitley Tuesday launched gold options trading on the leading commodity bourse MCX and said this is one of the steps towards formalising trade in the yellow metal. 224 more words

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Ready-to-cook Food Brand Fingerlix Raises Rs. 45.5 Crore

New Delhi: Ready-to-cook food brand Fingerlix has raised $7 million (approx Rs. 45.50 crore) from Accel Partners and Zephyr Peacock in a Series B round of fund raise. 120 more words

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