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Indo-Canadian Anita Anand and Delhi-born Kamal Khera, one of the youngest women ever elected to the Canadian Parliament, are part of new Prime Minister Mark Carney's cabinet. Liberal Party's Carney, a former central banker, was sworn in alongside members of the 30th Canadian Ministry on Friday at a ceremony presided over by Governor General Mary Simon here. Anand, 58, is the Minister of Innovation, Science and Industry while Khera, 36, is Minister of Health, both among the few retaining their ministerial posts, albeit with different portfolios, from former prime minister Justin Trudeau's cabinet. Delhi-born Khera's family shifted to Canada when she was still in school. She later earned her Bachelor of Science degree from York University, Toronto. The Prime Minister of Canada's website mentions that Khera was first elected as a Member of Parliament for Brampton West in 2015. "Minister Khera is one of the youngest women ever elected to Parliament. A registered nurse, community volunteer, and political activist, she is passionate about improving the lives of those around her," it said. "As a nurse, my top priority is to always be there to support my patients and that's the same mentality I'll bring every day to the role of Minister of Health. Extremely grateful for the confidence of PM @MarkJCarney. Now, it's time to roll up our sleeves and get to work," Delhi-born Khera said in a post on X. Khera has previously served as Minister of Seniors, as Parliamentary Secretary to the Minister of International Development, as Parliamentary Secretary to the Minister of National Revenue, and as Parliamentary Secretary to the Minister of Health. Before entering politics, she worked as a registered nurse in the oncology unit at St Joseph's Health Centre in Toronto. "During the first wave of the COVID-19 pandemic, she went back to her roots as a registered nurse to volunteer at a hard-hit long-term care facility in her hometown of Brampton," the website adds. Anand, who was a front-runner in the race to be the next prime minister to replace Trudeau, had in January declared that she is backing out from the race and also that she would not be seeking re-election. However, she had reversed the decision on March 1 saying, "Canada is facing a crucial moment in our nation's history." Born and raised in rural Nova Scotia, Anand moved to Ontario in 1985. "I am honoured to be sworn in as the Minister of Innovation, Science, and Economic Development in @MarkJCarney's Government. We know that negativity won't pay the rent or the mortgage. Negativity won't bring down the price of groceries. Negativity won't win a trade war. We are united and strong and we will immediately get to work, to build the Canada and the Canadian economy of tomorrow," she said in a post on X. The Prime Minister of Canada's website mentions that Anand was first elected as a Member of Parliament for Oakville in 2019 and previously served as President of the Treasury Board, as Minister of National Defence, and as Minister of Public Services and Procurement. "Anand has worked as a scholar, lawyer, and researcher. She has been a legal academic, including as a Professor of Law at the University of Toronto, where she held the J R Kimber Chair in Investor Protection and Corporate Governance," it said and listed her other academic achievements too. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team. "Canada, meet your new cabinet. We've built a smaller, focused, and experienced team that is made to meet this moment," Carney said in a post on X along with the photo of his cabinet after the swearing in ceremony.

BSE Smallcap's 2% weekly slide had 821 culprits to blame for as they fell up to 43% in the truncated week that ended on Thursday. In this, 116 counters plunged in double-digits as the overall sentiments remained subdued on US recession fears and tariff wars, unleashed by President Donald Trump.The top 10 laggards in the week gone by include BMW Industries, Triveni Turbine, Veranda Learning Solutions, Jai Corp, Orchid Pharma, Coffee Day Enterprises, Max Estates, EKI Energy Services, Gensol Engineering and K&R Rail Engineering which fell between 16% and 43%. <iframe title="BSE Smallcaps: 10 biggest laggards " aria-label="Bar Chart" id="datawrapper-chart-Ni2g6" src="https://et-infographics.indiatimes.com/graphs/Ni2g6/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="306" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}();</script>Others with double-digit decline include Sapphire Foods India, Aditya Birla Real Estate, Balu Forge Industries, Swan Energy, Birlasoft, Hindustan Construction Company, Texmaco Rail & Engineering, Vakrangee and Senco Gold.Smallcap PSU stocks like Housing & Urban Development Corporation (HUDCO), Bharat Dynamics, Cochin Shipyard, NBCC (India), BEML, Railtel Corporation Of India, The Jammu & Kashmir Bank, Shipping Corporation Of India (SCI), RITES and Garden Reach Shipbuilders & Engineers fell between 0.82% and 5.80%. Among the private names which are widely tracked, Tata Chemicals(-2.31), Sobha Motherson Sumi Wiring India, Fortis Healthcare, Natco Pharma, Honasa Consumer (mamaearth) and PVR Inox fell in the range of 2.31% and 6.59%.Also Read: BSE500 slumps 1.3% week-on-week led by IndusInd Bank crash. IT worst sectoral performerSmallcaps have been under immense pressure for the past six months and are now dangling in the bear territory. The BSE Smallcap index has fallen by over 23% in this period. In contrast, the BSE Sensex has fallen 11%.Expert Sunil Koul, Goldman Sachs sees further risk in the mid and smallcap segment, especially if one looks at from the positioning standpoint. "As we all know, those are the pockets wherein we had domestic institutions and retail positioning got into very extreme or elevated levels over the last few years and there we have not seen any major signs of moderation yet," he said."There is still quite a bit of retail/domestic institutional positioning in mid and smallcaps and so there could be more risk there. And so in terms of the preference within caps, we still have a preference of largecaps versus kind of mid and smallcaps in our allocation," he added. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)