Citi Financial News

Rural consumption was hit by inflation and low wage growth, and it was the urban consumers who kept the spending ship afloat. No wonder, the Reserve Bank of India’s consumer confidence index is back at pre-pandemic levels: it is based on an urban survey. But digging deeper into the data made some fault lines apparent.

FOX Business' Lauren Simonetti reports on the latest market and political news surrounding Target, child care costs and rapper Cardi B.

Foz do Iguaçu, Brazil Fifteen miles upstream from this city, built where the Iguazu River meets the larger Paraná, are the towering Iguazu Falls. The largest of the falls and the main attraction is the “Devil’s Throat," an exhilarating and terrifying site. For a real thrill tourists can view the cascade of rapids, 492 feet wide and 269 feet high, tumbling over the precipice from a catwalk in the river.

ARCs) in India are projected to see an increase in recovery rates for stressed residential realty projects, rising to 16-18% by March 2025 from 11% in March 2024, owing to healthier demand, price appreciation in the housing property market and greater interest from investors and promoters, said CRISIL Ratings.

The recent announcement by the Yamuna Expressway Industrial Development Authority (YEIDA) to sell around 6,500 plots (6000 smaller plots and 500 bigger plots) in the region will add yet another wing to the region’s growth. These plots will range from the smallest, that is, 30 square metres (sq m), to large and very large residential plots between 200 sq m and 4,000 sq m. The plots will be allotted in three sectors located near the upcoming Noida International Airport at Jewar. Commenting on the same, Manoj Gaur, President-CREDAI NCR and CMD-Gaurs Group, said, “This will indeed boost Yamuna Expressway’s potential. As the proposed scheme will bring more people to live in the region, it will add a new thrust to the Yamuna Expressway potential. The valuation of properties at Yamuna Expressway has already risen sharply since the announcement of the international airport. In the last two years, the prices have risen by 30-40%, and reputed developers have residential and commercial projects here. Besides, the holistic infrastructure is already in place in the region. This announcement also showcases the state government’s commitment to develop an international city in the region.”

gold in the last one week has been -1.06%. Whereas in the last month it has been -0.25%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73567.0/10 grams. Yesterday’s Gold Price on 09-06-2024 was ₹74286.0/10 grams.

Emergency officials in Calgary say it’s still too early to determine when water restrictions will be lifted following a feeder main break in the city’s water system.

My recent stay at the Ritz Carlton Bengaluru was nothing short of transformative. As an editor constantly immersed in deadlines and the hustle of city life, I desperately needed a retreat that would offer both luxury and tranquillity. The Ritz Carlton provided exactly that, and so much more.

Water is essential to life. So, while it needs to be politicised — in the sense of its universal availability being part and parcel of the state's delivery bouquet — playing politics with water is, to put it mildly, bad form. Last week, the Supreme Court underscored this fact again when it ordered the BJP-ruled Haryana government to facilitate the flow of 137 cusecs of surplus water from Himachal Pradesh to AAP-ruled Delhi 'without any hindrance'. The order is welcome. Delhi had approached the top court earlier, stating that record-high temperatures have led to an excessive surge in water demand, leading to shortage. It also claimed that though it had taken all administrative measures to ensure optimised, rationed and targeted water supply across the city, shortage remained acute.

Richard Linklater has recently sparked excitement among fans of his acclaimed «Before» trilogy by hinting at the possibility of a fourth installment. During a promotional interview for his latest film «Hit Man» with ComicBook, Linklater's statement «never say never» suggested an openness to revisiting the beloved characters Jesse and Celine.

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree.

₹445 crore, while losses declined by 20% to ₹551 crore.Backed by marquee investors such as Temasek, Chiratare Ventures and Kalaari Capital, it has raised over $670 million to date, including a $10-million round led by existing investor Valecha Investments in February.Launched in 2019, Cultsport seeks to expand its footprint in India. According to a growth-stage investor, seeking anonymity, Cult.fit’s foray is a smart call, potentially creating an entire ecosystem of fitness products and services.In recent years, India's booming fitness products sector has witnessed the launch of several brands offering athleisure wear, at-home workout equipment, and fitness trackers such as weighing scales and smartwatches.

City of Glass(1985), the first volume of his New York trilogy, which I first read as a teenager, and Hand to Mouth(1997), a memoir that bore the subtitle, A Chronicle of Early Failure, which I discovered in the throes of an extended mid-life crisis. City of Glass is one of Auster’s most iconic works, a breathtaking work of staggering genius, to riff off the title of Dave Eggers’ celebrated novel.

Hamirpur (HP): Saurabh Sharma, an athlete from Himachal Pradesh's Hamirpur district, has won two gold medals in the ongoing World Para Athlete Grand Prix in the Nottwil city of Switzerland. Sharma emerged victorious in 155 metre and 5000 metre races.

Sofia Firdous, a 32-year-old member of Congress, has made history as the first Muslim woman elected as an MLA in Odisha, winning the Barabati-Cuttack seat. She triumphed over BJP candidate and renowned gynaecologist Dr. Purna Chandra Mahapatra, 69, by a margin of 8,001 votes.

lotus flower, the party's symbol, as a gift for Prime Minister-designate Narendra Modi, who is set to assume office for a third term on Sunday. Chauhan, from Muthi village near Jammu, was inspired to create this unique gift for Modi after the BJP government fulfilled its promises of revoking Article 370, which granted special status to Jammu and Kashmir, in August 2019, and constructing the Ram temple in Ayodhya, Uttar Pradesh.

We have seen in the past how election results sway stock markets in India, adding or wiping out investor wealth by lakhs of crores of rupees within a few hours. This time, on June 4th, when the counting of votes for the Lok Sabha election results was underway, the Indian stock market nosedived, wiping out over Rs 20 lakh crore of investor wealth. However, since then, we’ve witnessed a massive revival in stock prices, with the Nifty rebounding over 10% from its intraday lows on June 4th. The jitters among investors were created on election results day after it emerged that the BJP-led NDA would have to settle with a much lesser number of seats than expected.

The Reserve Bank of India today decided to keep the repo rate unchanged at 6.5%, leading to a rate pause for the eighth consecutive time. This decision bodes well for the housing sector which is already witnessing a strong demand across the country.

gold in the last one week has been -1.51% whereas in the last month it has been -1.02%.The cost of silver is Rs.90720.0 per kg Gold Price Today in Delhi is ₹73998.0/10 grams. Yesterday’s Gold Price on 08-06-2024 was ₹75085.0/10 grams and last week’s gold price on 03-06-2024 was ₹73948.0/10 grams. Silver Price Today in Delhi is ₹90720.0/Kg.

India Meteorological Department (IMD) has issued a red alert for heavy rainfall in Maharashtra's Sindhudurg, an orange alert for Ratnagiri, and a yellow alert for Palghar, Thane, Mumbai, and Raigad for June 9.

It could take crews roughly one week to repair a massive water main break that has forced Calgarians across the city to conserve water use, according to the city’s manager of drinking water distribution.