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A guaranteed investment certificate (GIC) may seem like your grandfather’s kind of savings product. After all, his generation was fond of similar investment tools, like government savings bonds and treasury bills, and benefited from periods where interest rates were high enough to make these low-r.... More »
The best GIC rates in Canada for 2024 + MORE Jun 10th
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Despite what you may witness on Twitter, people generally see the good in others, whether that’s their friends, colleagues or the executives running the companies they invest in. We want to believe a business we’re buying into is on the up-and-up, that what they’re saying about their operation.... More »
Chaos as millions in India crowd banks to exchange currency
– canadianbusiness.com
NEW DELHI – Long lines have grown longer, scuffles have broken out and chaotic scenes are being seen across India as millions of people wait to change old currency notes that have become worthless after the government demonetized high-value bills.
Angry scuffles broke out Saturday in New Delhi after ATM machines ran out of bills. Minor stampedes occurred in two places when thousands of people waiting in line surged forward to enter the building.
Paramilitary troops posted at banks in some of the most congested areas of the city walked among the crowd urging people to stay calm.
Earlier in the week, India’s government made a surprise announcement that all 500- and 1,000-rupee notes had no cash value in an effort to tackle corruption and tax evasion.
The post Chaos as millions in India crowd banks to exchange currency appeared first on Canadian Business – Your Source For Business News.
Angry scuffles broke out Saturday in New Delhi after ATM machines ran out of bills. Minor stampedes occurred in two places when thousands of people waiting in line surged forward to enter the building.
Paramilitary troops posted at banks in some of the most congested areas of the city walked among the crowd urging people to stay calm.
Earlier in the week, India’s government made a surprise announcement that all 500- and 1,000-rupee notes had no cash value in an effort to tackle corruption and tax evasion.
The post Chaos as millions in India crowd banks to exchange currency appeared first on Canadian Business – Your Source For Business News.
Chaotic scenes played out across India on Saturday, with long lines growing even longer and scuffles breaking out, as millions of anxious people tried to change old currency notes that became worthless days earlier when the government demonetized high-value bills.
