Skip to main content

Featured

5 Things to Know Today: BoC Hike Odds Near 80%, Oil Tops US$100, Loonie Hits 5-Week High

  Canadian Money Brief  |  Saturday, October 24, 2026 The Bank of Canada is expected to raise rates on Wednesday, oil is back above US$100 and stocks slipped on AI worries. Here are the five things to know this Saturday, and what each one means for your wallet. 1 The Bank of Canada is widely expected to hike on Wednesday Markets are putting roughly an 80% chance on a quarter-point increase at the Bank of Canada’s Oct. 28 decision, which would lift the policy rate from 2.25% to 2.50%. A majority of economists polled by Reuters also expect a second hike by the end of March. The shift followed hawkish comments from Governor Tiff Macklem about a higher inflation outlook driven by oil. What it means for you Every 0.25-point increase adds about $250 a year (roughly $21 a month) for each $100,000 of prime-linked debt, such as a variable-rate mortgage or HELOC. Fixed-rate holders are not hit directly, but renewals are being priced off higher bond yields. Savers may see HISA and...
Post a Comment
Read more

article

Labels

Ayodhya Illuminates the World: 26 Lakh Diyas Set New Guinness Records at Deepotsav 2025

        Unbelievable! 26 Lakh Diyas Light Up Ayodhya On Diwali 2025, Two Guinness World Records Set In Divine Spectacle


The holy city of Ayodhya glowed brighter than ever this Diwali as it etched its name into history with a record-breaking spectacle. During the grand Deepotsav 2025 celebrations, more than 26.17 lakh oil lamps (diyas) were lit simultaneously along the banks of the sacred Saryu River, creating a breathtaking sea of light visible for miles.

The event, officially certified by the Guinness World Records, marked not just one but two global milestones. Alongside the largest display of oil lamps, a record 2,128 devotees performed aarti together, adding to the spiritual grandeur of the evening. Drones were used to verify the count of diyas, ensuring the achievement was meticulously documented.

The celebrations included a dazzling light-and-sound show, fireworks, and symbolic rituals reenacting the return of Lord Ram to Ayodhya. Uttar Pradesh Chief Minister Yogi Adityanath received the Guinness certificates, calling the event a symbol of India’s enduring spiritual heritage and cultural pride.

With millions of lamps shimmering in unison, Ayodhya once again reaffirmed its place as a beacon of devotion, tradition, and unity during the Festival of Lights.



Labels:

Comments

Post a Comment