City Kolkata Financial News

Also read: Tomato prices soar to ₹155/kg! Highest in Kolkata among metros; check latest rates here The surge in vegetable prices can be attributed to a combination of factors, including the prevailing heatwave in key tomato-growing areas and heavy rainfall, which has disrupted the supply chains. Additionally, tomatoes have a relatively shorter shelf life, further impacting their prices.  SEBI Registered Investment Adviser, Aditya Saha tweeted that McDonald's in Delhi had put up a notice stating that even McDonald's cannot afford tomatoes now. To this, many social media users replied with sarcasm.

The move can be linked with a potential surge in the demand for homestay properties from certain cities such as Ahmedabad, Dharamshala, and other metros across the country due to ICC world cup 2023. This year India will be hosting the ICC world cup from October 5 to November 19 across 10 venues in Hyderabad, Ahmedabad, Dharamsala, Delhi, Chennai, Lucknow, Pune, Bengaluru, Mumbai, and Kolkata. “Cricket fans are more willing than ever to explore homestays as an accommodation option,” said Parikshit Choudhury, Chief Business Officer of Alternate Accommodation and Customer Contact Group, MakeMyTrip. Furthermore, the company has also developed a new feature where users can track the distance of the accommodation from the cricket stadium in the city.

tomato prices remained highest at Rs 152 per kg in Kolkata, followed by Rs 120 per kg in Delhi, Rs 117 per kg in Chennai and Rs 108 per kg in Mumbai, according to the data maintained by the Consumer Affairs Ministry. The all-India average retail tomato price was ruling at Rs 95.58 per kg on Thursday.

Crisil Market Intelligence and Analytics report. Crisil's monthly indicator of food plate cost said that soaring tomato, pulses, and staple grain prices have added pressure on the platter. Per plate veg thali, as per Crisil estimates, increased from Rs 25.1 in April to Rs 26.3 in June.

Godrej Properties Ltd soared to a 52-week high of ₹1,616 on the National Stock Exchange on Thursday, driven by promising new land acquisitions. The real estate giant recently acquired approximately 15 acre of land in Gurugram, Haryana, and plans to develop for premium residential properties. Additionally, a 7.44 acre parcel in New Alipore, a high-end residential area in Kolkata, will soon be under Godrej's ownership, acquired from the West Bengal Housing Infrastructure Development Corp.

backdoor entry to invest in the steel sector. HEG does not directly manufacture or trade steel, but it manufactures furnaces in which steel is manufactured. Hence, its performance is directly linked with the performance of the entire steel sector.

₹4,900 in July from ₹7,200-plus in the previous month, down by around 50%. Likewise, spot fares for Mumbai-Goa dipped to around ₹1,500 from over ₹3,200, declining 112%. For Mumbai-Lucknow, last-minute fares have contracted to almost ₹5,000 from ₹9,000 earlier, while Delhi-Kolkata shrunk to around ₹5,200 as compared to over ₹8200 in June.

₹100 per kilogram, it has breached the petrol and diesel prices in major cities of the country. In comparison to Mumbai and Delhi's petrol prices -- i.e.

₹1248.37 crore. The agreement was inked through the company's wholly-owned subsidiary. The stock ended in the green following the development.  The share price closed at ₹1,306.20 on 5th July, up by 0.20% from its previous close of ₹1,303.55.

India, July 5, 2023: Goa, known for its picturesque landscapes and vibrant culture, has become the latest addition to the Housewise family as the property management startup extends its operations to this popular tourist destination. With a successful launch in Pune and Bengaluru back in 2017, Housewise has steadily expanded its presence to several major cities across India, including Hyderabad, Chennai, Delhi, Noida, Gurugram, Mumbai, Thane, Ahmedabad, Kolkata, and now Goa.

It is useless to speculate on the origins of the controversial ‘no students from vernacular schools’ admission policy that was exercised by the prestigious Loreto College in Kolkata. However, the good news is that this discriminatory policy has been revoked once and for all.

Narendra Modi received clean chit from the Supreme Court in the Gujarat Riot cases. Her arrest also sparked sharp criticism from groups like Amnesty International India and human rights groups.

shopping/booking/hiring of products and services. One such interesting finds of the survey is that a smartphone consumer in India benefits by ₹6 for every Re 1 spent. The study also states that the economic value of smartphones for the rich is almost 50% higher in India as compared to the middle class.

ITC on Wednesday rallied 3% to hit a fresh 52-week high level on reports that the process of demerger of its hotel business is underway. The Kolkata-based company is said to be exploring alternate structures for its hotel business in line with industry dynamics, according to a TV channel. Following the news, ITC shares rallied over 3% to hit a fresh high of Rs 480.60 on BSE.

«Essentially, if we see last financial year was a very exciting year for us because we saw an amazing set of opportunities at the right price point as well as the micro markets and locations. We were very clear we wanted to take our presence stronger,» says Gaurav Pandey, MD & CEO, Godrej Properties.Specifically talking about Godrej Properties, given the spate of land acquisitions you have done recently, how is business development expected to pan out for the full year? And also, do you think your business development guidance would be a bit conservative as opposed to last year?Essentially, if we see last financial year was a very exciting year for us because we saw an amazing set of opportunities at the right price point as well as the micro markets and locations. We were very clear we wanted to take our presence stronger.

₹1 crore account for nearly 30% market share of sales as compared to 25% in H1 2022, the report said. It also said that H1 witnessed second-highest half-yearly residential sales volume in 9.5 years.

NEW DELHI : Government laboratories have received around 300 cough syrup samples for quality testing after the embarrassment of toxic syrups causing deaths abroad. Indian-made cough syrups have been linked to the death of dozens of children in Uzbekistan and Gambia, prompting the government to tighten the export policy for cough syrups.

₹155 per kg across major cities in the country due to the supply disruption caused over heavy rains amid monsoons in the producing region, according to official data. In metro cities, retail tomato prices were ruling in the range of ₹58-148 per kg, with the highest in Kolkata at ₹148 per kg and lowest in Mumbai at ₹58 per kg. In Delhi and Chennai, prices were ruling at ₹110 per kg and 117 per kg, respectively.

New Delhi: Dream Sports-backed FanCode’s shop has become an merchandising partner to the ICC for the upcoming Men’s Cricket World Cup. The company will have a licensing and merchandising partnership with the International Cricket Council to curate official fan merchandise and accessories for the tournament. The digital broadcaster's shop will operate official in-venue outlets at host venues for merchandise of all ten 10 participating teams.

Airchains, a Web3.0 middleware SaaS platform, has announced partnership with West Bengal’s New Town Kolkata Development Authority (NKDA) to transform land ownership and mutation systems through blockchain. This initiative aims to reshape land mutation by introducing 500,000 non-fungible tokens (NFTs) deployed on Polygon Supernets. Reportedly, the blockchain model will facilitate property ownership. 

Pincode, a shopping app developed on the government-backed Open Network for Digital Commerce (ONDC), on Tuesday announced that it has gone live in 10 cities across India. The cities include Mumbai, Delhi, Nodia, Gurugram, Chennai, Hyderabad, Ahmedabad, Pune, and Kolkata.