CALGARY – To avoid wasting clean-technology research and development funding, the Canadian government should adopt a carbon price and encourage other countries to follow suit, a new report from the CD Howe Institute argues.
The report, published Tuesday, notes that Ottawa has earmarked $2 billion for the Low Carbon Economy Trust, the Ontario government has pledged $375 million for clean-tech research and development and the Alberta government plans to use some of the proceeds from its carbon tax to fund technology research to reduce emissions.
Tata Consultancy Services, the country's largest IT services company, is closely monitoring the impact of Brexit though it has not set up any dedicated team to deal will the situation, company CEO N Chandrasekaran says. In an interview with ET Chandrasekaran also expressed hope that TCS would be able to continue its first quarter's strong performance in consulting business and India market. Rival Infosys had reported woeful performance in both these areas in the first quarter. Edited excerpts: You have stated that you will have to wait and watch to gauge the impact of Brexit.
By Renu Singh:Off-price retailer TJX Companies (NYSE:TJX) has not done well this year, but the stock has started gaining momentum after the company reported its second-quarter results a month ago. In fact, since the middle of August, TJX shares have around 10%.
MUMBAI: Major property markets including Mumbai, New Delhi and Bangalore are likely to witness more appetite from foreign investors for real estate investment in 2016 as shown by rankings of these cities as perceived by investors, showed a perception study conducted by PricewaterhouseCoopers and Urban Land Institute. The study ranks Bangalore, Mumbai and New Delhi at 12th, 13th and 16th positions for investment prospects and at 15th, 13th and 11th positions for development prospects respectively, in the list of the 22 markets covered in the report.
OTTAWA — When it comes to monetary policy, there appears to be few limits to innovation, before and after the most recent global economic and financial meltdown.
“Confident as we are in how we do things,” says Canada’s No. 2 monetary policymaker, the Bank of Canada “keeps its eyes on the future.”
“One important challenge for central banks now is that conventional monetary policy is stretched to its limits in some countries, where policy interest rates are at, or below, zero,” Carolyn Wilkins, the central bank’s senior deputy governor, said Friday.
Jessica Breen submits:Below is TBR’s commentary on CA Technologies' (CA) 3Q10 results. Security and virtualization management initiatives drove new revenue growth for CA Technologies during the quarter.