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Kerala to declare nine cities as drought-hit due to poor monsoon, water shortage


Kerala to declare nine cities as drought-hit due to poor monsoon, water shortage
Kerala to declare nine cities as drought-hit due to poor monsoon, water shortage
The Nine Cities Are Being Declared As Drought-hit Based On Several Parameters Like Lack Of Monsoon, Unavailability Of Surface Water, Groundwater, And Salt Water In The Region, And Many Others.
News Nation Bureau | Edited By : Aishwarya A
| Updated on: 27 Mar 2018, 08:35:00 PM
New Delhi:
Kerala, known as God’s own country, has decided to declare nine cities as drought-hit in the wake of poor monsoon and water shortage.
The states to be declared as drought-hit are Alappuzha, Kannur, Idukki, Kasargod, Kozhikode, Malappuram, Palakkad, Thrissur, and Wayanad. ....

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Market movers: Stocks seeing action on Wednesday - and why


Market movers: Stocks that saw action on Wednesday - and why
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A roundup of some of the North American equities making moves in both directions today
On the rise
Laurentian Bank Financial Group (LB-T) soared after beating expectations as it reported a first-quarter profit rose compared with a year ago even as its provision for credit losses edged higher.
The Montreal-based bank says it earned $44.8-million or 96 cents per diluted share for the quarter ended Jan. 31, up from a profit of $32.2-million or 68 cents per diluted share a year ago. ....

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Small cap to watch: Why AutoCanada shares are up 20% in 2021 and have doubled since the summer


The Globe and Mail
Published January 14, 2021
Shares of vehicle seller and repair company 
AutoCanada Inc. (ACQ-T) continue to accelerate amid growing demand for automobiles, including from some consumers nervous about using public transit due to the pandemic.
The Edmonton-based company’s stock is up about 20 per cent so far this year and has soared by about 160 per cent over the past year. Analysts say shares of the company, which sells new and used vehicles and parts and repair services across North America, are benefitting from consumer demand as well as operational improvements and a move into digital services.
AutoCanada’s stock reached $30.65 on Nov. 18, its highest level in more than five years, days after reporting it had exceeded $1-billion in sales in the third quarter, a first for the company for a single quarter. It was a dramatic recovery from its price of $4.60 in March, the stock’s lowest level in about a decade. The stock was hit hard, ....

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