City Kolkata Financial News

Despite rising property prices and interest rate hikes in the last one year and more, demand for mid-range and premium homes remains high. The ANAROCK Consumer Sentiment Survey (H1 2023) indicates that at least 59% of the 5218 survey participants will buy mid-range and premium homes (priced from Rs 45 lakh to Rs 1.5 crore). This is a 10% sentiment increase for homes in this budget category over the survey’s H1 2020 edition.

JLL India. Real estate consultant JLL India on Monday released its report 'India Retail: Evolving to a new dawn' that highlighted the operational retail real estate space in shopping malls stood at 89 million square feet. The operational retail stock as of H1 2023 in the top seven cities (Delhi-NCR, Mumbai, Pune, Bengaluru, Kolkata, Chennai, and Hyderabad) stands at 89 million square feet as of June-end this year. Out of the total retail stocks in malls, Delhi NCR has the maximum 28 million square feet, followed by Mumbai with 17 million square feet and Bengaluru 14 million square feet. «The physical retail space segment has an expected supply pipeline of over 38 million sq ft of retail developments between H2 2023 and 2027, across the top seven cities,» JLL said.

photographer named Lala Deen Dayal took a picture of Frederick Temple-Blackwood, First Marquess of Dufferin and Ava. The men were in Shimla, in the foothills of the Himalayas, because the British colonial government in India moved there every summer to escape the heat of Kolkata.

Jawan has set the record for the highest opening day of all time for an original Hindi movie, clocking ₹65 crore on Thursday. The Atlee-directed film has beaten the record set by Khan’s own Pathaan which had mopped up ₹55 crore when released this January.

Landmark Cars share price rallied nearly 8% in early trade on Friday after the company signed a dealership agreement with Mahindra and Mahindra (M&M). Landmark Cars shares jumped as much as 7.94% to ₹782.75 apiece on the BSE. In an exchange filing on Thursday, Landmark Cars said it signed a Letter of Intent with M&M for opening a dealership in Howrah in the state of West Bengal.

₹1,000 for the passport to be brought back to Delhi. He could even authorize someone in Kolkata to collect it. But none of these options made sense since the mariner would lose time.

Kolkata Metro Rail Corporation (KMRC) has taken a significant step towards advancing the long-awaited East-West Metro's Sector V-Haldiram extension project. KMRC has applied to the railway ministry, requesting full funding amounting to Rs 2,265 crore for this critical undertaking. Over the years, the progress of this 6.6km extension has been impeded due to disagreements between the state government and the railway ministry concerning cost-sharing.

₹75 crore on its opening day across all language versions in India, and it's noteworthy that this release falls on a Thursday. In terms of early shows, the Hindi version exhibited an initial 46% occupancy, a figure that is projected to increase throughout the day. On the film's opening day, morning show occupancy stood at 43%, with the NCR region recording a 42% occupancy rate.

₹ 59043 per 10 gm on Multi Commodity Exchange (MCX). MCX Gold for October 5 delivery went on to hit an intraday high of 59056, and a low of ₹59017.

CRPF) head constable found himself in hot water on Sunday when he was apprehended for smoking a beedi in the restroom of a Kolkata-Bengaluru flight. The incident unfolded on IndiGo flight 6E-487, which had taken off from Netaji Subhas Chandra Bose International Airport in Kolkata at 9:30 pm on September 3. Karunakaran J, the CRPF head constable deployed in Jharkhand, was reportedly on the flight for medical treatment due to his health issues.

New Delhi has gotten a makeover ahead of this week’s summit of the Group of 20 nations

₹112,419.33 per kilolitre, marking a 14.12% increase from August’s ₹98,508.26. The same trend was observed in other major cities like Mumbai, Kolkata and Chennai. This recent surge in airline fuel prices is the highest seen since December 2022.

Vikas Gupta and Aswath Venkataraman from WestBridge Capital, Ecoworld, Bengaluru, have clinched the winner position in a corporate quiz organized on India’s glorious past, vibrant present and promising future. Commercial real estate developer and operators, Brookfield Properties conducted the quiz across Bengaluru, Chennai, Delhi, Gurugram, Kolkata, Mumbai and Noida for employees at its tenant companies across these cities.

₹ 59,347per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,384, and a low of ₹59,336. Around 9.10 a.m., MCX Gold for October 5 delivery traded 0.05% per cent lower at ₹59364 per 10 grams.

Jawan is set to shake up the traditional cinematic timetable. For the first time in Bollywood history, shows will commence as early as 5 AM on the film's opening day. This has caught the attention of residents across various Indian cities who have been clamouring for similar early screenings.

In a major reshuffle, the UK’s Opposition Labour Party leader Sir Keir Starmer on Monday demoted Indian-origin shadow ministers Lisa Nandy and Preet Kaur Gill among others. Nandy, the member of Parliament for Wigan and daughter of Dipak Nandy – a Kolkata-born academic well-known for his work in the field of race relations in Britain, was removed as a shadow secretary of state and handed an international development ministerial post, which was previously held by Gill. Gill is the first British Sikh female member of Parliament in the House of Commons.

Shree Cement Ltd was inaugurated by Chief Minister Mamata Banerjee in West Bengal's Purulia district on Monday. This is the first such unit of the company in the state, and has a capacity of 3 million metric tonne per annum (MTPA).

New Delhi has gotten a makeover ahead of this week’s summit of the Group of 20 nations

Shah Rukh Khan’s upcoming film Jawan has seen a robust momentum in its advance bookings so far. Over 7 lakh tickets of the action-thriller film excluding blocked seats have been sold as of Monday.

Kolkata is emerging one of the major real estate market in the country with growth across segments like Industrial and logistics and office space amongst others. The city has emerged among top three cities for I&L leasing activity in April-June of this year accounting for 8-12% industrial leasing in the country. “The city's strategic location, transportation infrastructure, economic trends, and demand for warehousing contribute to this leasing trend.

Prime Minister Narendra Modi's government hopes the elaborate effort to make New Delhi sparkle — a “beautification project" with a price tag of $120 million — will help showcase the world’s most populous nation’s cultural prowess and strengthen its position on the global stage. But for many street vendors and those crammed into New Delhi's shantytowns, the makeover has meant displacement and loss of livelihood, raising questions about the government's policies on dealing with poverty. In a city of more than 20 million people, the 2011 census had the homeless at 47,000 but activists say that was a vast underestimate and that the real number is at least 150,000.