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Time of India
17 hours ago
- Business
- Time of India
Canada's TSX hits record high as investors assess economic data
Canada's main stock index inched up to an all-time high on Friday, but losses in heavyweight mining shares kept gains in check, while investors assessed domestic and U.S. economic data. The S&P/TSX composite index was up 0.1% at 26,790.18 points, surpassing Tuesday's record intraday high of 26,780.19. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like CUPRA Born Impulse+ CUPRA Undo Healthcare stocks led the sectoral gains with a 1.7% rise. Bausch Health Companies, the parent company of contact lens maker Bausch + Lomb, rose 3.1%. On the flip side, mining shares dropped 2.8%, tracking gold that fell to a near one-month low. Gold miners were among the top losers with Lundin Gold falling 7% to the bottom of the main index. Kinross Gold lost 5.7%. Economic data on Friday showed Canada's economy contracted in April on a monthly basis as sectors exposed to tariffs negated a boost from services. Live Events The GDP figures are "being driven by weaker exports to the US ... I don't think that's being reflected in the market though," said Philip Petursson, chief investment strategist at IG Wealth Management. "It raises the potential for further interest rate cuts." In the U.S., consumer spending unexpectedly fell in May, while monthly inflation increases remained moderate. Among individual stocks, TC Energy rose 3.3% after the pipeline operator started collecting tolls for the Southeast Gateway natural gas pipeline in Mexico. Miner Wesdome Gold finished its acquisition of Angus Gold. Shares of Wesdome Gold were down 2.9%.
Time of India
3 days ago
- Business
- Time of India
Shaking off dust, Bhopal stn turns new leaf with lounges
Bhopal: Often known for neglected and shabby amenities and waiting areas among passengers, the Bhopal railway station now seems to be turning a new aesthetic leaf with the launch of executive and VIP lounges. Situated on platform number-1, these lounges were inaugurated by CM Mohan Yadav on Wednesday. The facility, spanning 10,693 sq. ft, offers premium amenities for travellers. The executive lounge accommodates 200 visitors, while the VIP Lounge has a capacity of 100 people. The facilities include luggage storage, dedicated rest areas, and various conveniences. Primarly for passengers, visitors can also rest, dine, or conduct work here. Entry fees are Rs. 50 hourly for the executive lounge and Rs. 100 hourly for the VIP Lounge. Additional facilities include baggage assistance and massage services. The executive lounge features contemporary amenities with designated service sections. Visitors have access to plush seating arrangements and reading areas with periodicals and newspapers. The space is climate-controlled with entertainment systems and internet connectivity. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like CUPRA Born Impulse+ CUPRA Configura Auto Undo It includes secure storage and complete washing facilities with toiletries. The spacious facility comprises the executive lounge for 200 people and the VIP Lounge for 100 visitors. It features 48 storage racks for luggage. Three private rest areas are equipped with reclining beds for those seeking rest. The entry requires payment. The executive lounge charges Rs. 50 per hour per person with a Rs. 100 returnable deposit, including a complimentary welcome beverage (tea/coffee). The VIP Lounge costs Rs. 100 hourly per person with a Rs. 200 returnable deposit, offering enhanced services including recliners, snacks, and recreational activities. Supplementary services are available at additional costs. Luggage handling ranges from Rs. 30-80 for 3-48 hours. Personal care kits cost Rs. 40. Rest area usage is Rs. 150 per person, including bedding and furniture. Document services cost Rs. 15 per page. Massage facilities are available at Rs. 50 for 5 minutes. Washing facilities cost Rs. 100 per person for 30 minutes, including bathing amenities. Conference room usage is Rs. 200 per person, featuring air conditioning, furniture, connectivity, and refreshments. Porter service costs Rs. 100 for two bags, including assistance.
