Citi Financial News

TV screens through streaming sticks, smart TVs, and set-top boxes, according to a NielsenIQ study commissioned by Amazon. While mobile is the primary mode of streaming content due to the wide reach of smartphones and affordable data plans, the study states that this is beginning to change in big cities. It added that consumers prefer watching streaming content on TV due to better video and sound quality, coupled with the convenience of accessing a variety of content across OTT providers. The study, conducted among 800 NCCS A consumers of 25-45 age groups in December 2023 across 12 major cities, also states that 66% of respondents binge-watch for over five hours on weekends and less than three hours during the weekdays. Around 97% of respondents prefer streaming content around dinner time with family with 74% of them watching content with family, especially their spouses and children. Comedy, followed by sports, thrillers, romantics, horror, international TV shows, and news, are the most popular content genres that consumers stream on TV, as per the study. Parag Gupta, director and country manager, Amazon Devices India, said online video and the streaming habits of consumers have come a long way since its inception. «What has remained a constant is our preference to view content on the biggest screen in our homes — the television,» he added.

Realty major Lodha, listed as Macrotech Developers, expects its integrated smart township Palava City spread over nearly 5,000 acres near Mumbai to scale up and generate revenues worth $1 billion, or over Rs 8,000 crore per year, in the next few years, led by the development of residential and commercial properties including offices, a life sciences hub, warehousing & industrial spaces, said a top company official. The development at Palava City started in 2010, with phase 1 covering 300 acres that was sold out and delivered to nearly 20,000 families in 4-5 years. In 2014, the company started with phase 2 spanning 1,000 acres with over 75 million sq ft of developable area, of which over 20 million sq ft is complete.

₹1,800 crore (through the IPO) to grow rapidly. Of this, ₹1,500 crore will be a capital raise to deleverage and future growth. We will use the remaining ₹300 crore for general corporate purposes and will deploy that later.

A Japanese fire department says a Korean Air plane carrying 289 people hit a parked Cathay Pacific aircraft while being pushed by a vehicle from a parking spot at northern Japan’s New Chitose Airport

Also Read: Gold and silver prices Today on 16-01-2024 : Check latest rates in your city Fed Governor Christopher Waller is scheduled to deliver a speech on the economic outlook before the Brookings Institution, with at least other six officials due to speak this week. "Fed officials probably will keep a neutral guidance, keeping all options on the table based on incoming data. So to see gold prices tick higher, we need to remain on a soft landing path," said UBS analyst Giovanni Staunovo.

JPMorgan Chase & Co. is building up its Canadian asset management team, with new hires planned for Toronto and Montreal, as it looks to tap into growing demand from the wealthy for private investments.

ODIGEO, a Spanish online travel booking company, revealed that Taylor Swift's devoted fanbase, known as 'Swifties,' is driving a significant surge in air travel demand across Europe during her 'Eras' tour scheduled between May and August. For instance, the demand for flights to Stockholm during May 17-19, coinciding with Taylor Swift's performance dates, has increased six-fold compared to the same period last year, according to eDreams. Similarly, the demand for flights to Warsaw, Edinburgh, Liverpool, and Paris in the days surrounding Swift's concerts has surged by 339%, 176%, 133%, and 108%, respectively.

Ram Mandir has drawn attention of pilgrims and tourists alike, eager to witness the grandeur of this architectural marvel. In this article, we unveil the best routes and guide you on how to reach Ayodhya, ensuring a seamless journey to experience the spiritual aura surrounding the Ram Mandir. By Flight For those seeking a swift journey, air travel is the most convenient option.

Ram Mandir consecration ceremony on January 22 in Ayodhya, hotels are either sold out or available at very high rate. Noting the trend, EaseMyTrip had earlier informed, “Leading up to the inauguration, Ayodhya's hotels are fully booked, enabling them to leverage increased pricing. Occupancy rates have risen from 80% to 100%, resulting in substantial price hikes, reaching up to ₹70,000 per night in select hotels." People in the Luxury category can look for options like Park Inn by Radisson Ayodhya, The Ramayana, Cygnett Collection KK Hotel, Royal Heritage Hotel And Resort and Clarks Inn Express.

With bustling flower markets, exciting city-wide events and beautiful festive displays galore staging throughout the entire festive period from day to night, Hong Kong is one of the Asian cities with the richest CNY ambience. Tourists looking to experience a celebration like no other should definitely pay a visit during Chinese New Year - and we can show you how to celebrate just like the locals do.#1 Tuck into a Poon Choi Feast for Being Perfect in Every Way Also known as a “basin meal,"poon choiused to be a rather under-the-radar dish, confined mostly to rural villages.

On the BSE, Northern Spirits(down 14.14 per cent), Angel One(down 14.10 per cent), PM Telelinks(down 13.33 per cent), City Crops Agro(down 12.57 per cent) and Umiya Tubes Ltd.(down 10.00 per cent) stood among the top losers in today's trade. In the Nifty pack, 16 stocks closed in the green, while 34 stocks ended in the red.

The alignment starts with an elevated corridor near Sarjapur's IT corridor, transitions underground at Koramangala, traverses the central business district through tunnels, and emerges on Ballari Road with elevated stations at Ganganagar and Hebbal, Times of India reported. A notable feature is its interconnection with existing Blue, Pink, Purple, and Phase III lines at four points. At Iblur, the line connects with the Blue Line, providing connectivity from the Central Silk Board junction to Kempegowda International Airport.

Gautam Adani on Tuesday said green hydrogen holds the key to India's journey to net-zero carbon emissions, and its current high cost can be reduced by replicating the solar power model. In a blog post for the World Economic Forum (WEF), the head of apples-to-airport Adani Group said leapfrogging to renewables and green hydrogen will help India achieve energy security and improve air quality in cities. Green hydrogen produced by splitting water using renewable electricity is a clean fuel with no carbon emissions.

ugcnet.nta.ac.in. Earlier, the results were scheduled to be announced on 10 January, however, due to Cyclone Michaung in Chennai and Andhra Pradesh, re-exam was conducted in the interest of candidates, therefore, the new date for the results was given. NTA had conducted UGC NET December 2023 in 83 subjects in 292 cities across the country for 9,45,918 candidates from 6 December-19 December.

Canada is considering imposing a cap on the number of international students due to a housing affordability crisis exacerbated by high demand from foreign students. Immigration Minister Marc Miller recently announced a slew of new requirements for foreign students wanting to come study in Canada including proof of more accessible funds. The previous $10,000 proof of accessible funds has been raised to $20,635, with adjustments based on Statistics Canada's living cost benchmark.

Canada’s housing market is nearing a “tipping point” and its recovery will start sooner than many expect, says a new report by one of Canada’s leading real estate companies.

Amit Agarwal, Group CFO, Raymond, says “the growth potential of Thane is Rs 25,000 crore over several years and Rs 5000 crore we have already signed. So, we are in a decent spot in order to take this business really-really forward. The demerger is on so hopefully by mid-May, we should be able to announce that de-merger. The SEBI approval is in place, now the NCLT and the other process is on. So, to that extent, you will have separate companies for real estate as well as for the lifestyle. Our target is that Thane should be in the range of 50 to 60% of the revenue mix over the next three, four years, and 40% to 45% should come out of Thane.” How was Diwali and Christmas? Any reasons for your shareholders to get worried? Amit Agarwal: No. I think Diwali was great. People had a really good time. There has been a sort of hiatus of almost seven-eight months when people were not into so much of shopping in the first half and going up to August-September because of that extra month of Malmas (inauspicious period) and as soon as that Malmas got over, people started to come back and saw a great shopping trend there.

Arvind Kejriwal-led Aam Aadmi Party (AAP) a «mini recharge» of the Rashtriya Swayamsevak Sangh (RSS) and BJP, AIMIM leader AIMIM chief Asaduddin Owaisi has attacked AAP for its latest decision on Sundarkand. The party led by Arvind Kejriwal has decided to hold Sundarkand recitation in all 70 assembly constituencies of Delhi on Tuesday. Owaisi claimed that this decision was taken in view of the Ram Mandir Pran Pratishtha ceremony on January 22. AAP leader Sourav Bhardwaj said on Monday that his party will organize Sundarkand recitation programs in all 70 zassembly constituencies of Delhi on Tuesday.

died. The number of children among them, more than 3,000, exceeds the annual death toll for children in all wars in each of the preceding three years. The Economist estimates, from satellite imagery, that over a tenth of Gaza’s housing stock has been destroyed, leaving more than 280,000 people without homes to which they can return.

Cost of Living LIVE Updates January 16: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

ANI. Delhi airport issued an advisory for passengers, requesting that they contact airlines before travelling amid the severe fog conditions that delayed a number of flights by hours. The airport authority in a social media post on X said, "Due to dense fog, flight operations at Delhi Airport may be affected.