‘Will completely devour it’: Trump threatens 100% tariffs if Canada makes deal with China; warns ‘governor’ Carney

US President Donald Trump delivered a pointed ultimatum to Canada, threatening to impose 100% tariffs on Canadian goods should Prime Minister Mark Carney pursue partnerships with China. "If Governor Carney thinks he is going to make Canada a “Drop Off Port” for China to send goods and products into the United States, he is sorely mistaken," said Trump on Truth Social.

EU chief Ursula von der Leyen arrives in Delhi to firm up trade, defence and mobility deals

European Commission President Ursula von der Leyen is in New Delhi for a four-day visit aimed at strengthening India-EU ties. The trip precedes summit talks where a free trade agreement, a defense partnership, and a mobility framework for professionals are expected to be finalized. The visit underscores the deepening engagement between the two major democracies.

Mala Gaonkar’s hedge fund assets hit $6 billion in three years

Mala Gaonkar's SurgoCap Partners experienced a rapid ascent, tripling its assets to $6 billion within three years of its 2023 launch. This marked one of the fastest-growing debuts in hedge fund history, with Gaonkar leveraging data science to invest across various sectors. She emphasizes a small, collaborative team size for idea generation, drawing parallels to Jeff Bezos's "two-pizza-box" team concept.

Dhanlaxmi Bank Q3 net profit surges 20% to ₹24 crore; gross NPA falls

Dhanlaxmi Bank reported a 20% YoY rise in Q3 FY26 net profit to ₹24 crore, driven by higher total income and net interest income. Total income increased to ₹456 crore, and NII rose to ₹154 crore. Asset quality improved with gross NPA moderating to 2.36%, though net NPA edged up to 1.11%. The bank’s capital adequacy ratio strengthened to 17.19% from 12.79% a year ago.