The Punjab government is preparing to borrow an additional ₹1,000 crore from the market in June during the 2026–27 financial year, according to information from the state’s finance department plan. With this proposed borrowing, the total market borrowing in the first three months of the financial year would rise to ₹6,300 crore. The government had earlier raised ₹2,800 crore in April and ₹2,500 crore in May. According to the borrowing plan, the ₹1,000 crore loan will have a tenure of seven years and is intended for capital expenditure, development projects, and the implementation

Global crude oil prices continued to decline Tuesday as markets reacted to signs of easing tensions between the United States and Iran following the announcement of a temporary peace agreement. Market data showed Brent crude fell 2.4 per cent to US$81.15 per barrel, its lowest level since March 4. The decline follows a nearly five per cent drop on Monday after U.S. President Donald Trump announced an interim agreement aimed at ending the conflict between the two countries. According to market reports, investors are increasingly confident that oil supplies will remain stable as concerns over di

Calgary police are searching for two suspects following an incident in which three vehicles were vandalized last week in northeast Calgary. Investigators believe the incident may be connected to ongoing extortion-related activity targeting members of the city's South Asian community. According to the Calgary Police Service, the vandalism occurred at approximately 5:15 a.m. on June 12 in the 300 block of Skyview Parkway N.E. Officers responded to reports that three vehicles had been damaged. The investigation remains ongoing. Police said the incident took place at the same location where an ext

Prime Minister Mark Carney says the Group of Seven can no longer claim exclusive leadership on major global issues, pointing to the growing influence of countries such as India and Brazil in shaping international policy and cooperation. Speaking at Trinity College Dublin during a visit to Ireland, Carney said the participation of non-G7 countries reflects a changing global order in which emerging and middle-power nations play an increasingly important role in addressing international challenges. According to Carney, broader engagement with countries outside the traditional G7 framework can hel

Burnaby Traffic Services caught up with 170 drivers over the month of May who were found to be speeding excessively, as part of a high-risk driving enforcement campaign. Enforcement was carried out at various locations and times of day. The drivers were all travelling over 40 kilometres above the posted speed limit, and had their vehicles impounded for seven days. They also received a $368 violation ticket. In one incident, a 19-year-old new driver was travelling at 146 kilometres an hour in a 50-kilometre zone. “When our officer indicated the driver needed to pull over, the vehicle was trav