Citi Financial News

Luxury real estate in India is no more just limited to the select few. The sector is now coming to the mainstream, with demand rising in most of the major cities in the country. Indians are now willing to spend more for spacious homes, upscale lifestyles, and curated living.

Jonathan Schiessl, Deputy CIO, Westminster Asset Management, says “while there is a risk in the short term of flighty capital moving out of India to lock in some of those gains. But anything more than short term, India still looks fairly well positioned because of these other factors that are at play and are leading to longer-term factors.”Do you think that market was just overheated and looking for an excuse for a correction and that is what is playing out today or could there be a bigger worry that market should not just completely rub off?I would agree that markets have done incredibly well.

international flights. But do you need that much time for connections between international flights? Layovers of just 30 minutes can be feasible for domestic flights, especially at small airports where the next flight might be just one gate over. But international layovers are typically far more complicated, and even two hours can be insufficient. Here’s how to book flights with an international layover, and how much time you really need.WAYS TO BOOK A FLIGHT WITH AN INTERNATIONAL LAYOVER Let’s say you’re flying from Houston to Hanoi, Vietnam. There might be no direct flights between those two cities, but you could get there via layover. The most common, least risky way to book international flights necessitating a layover is by searching for flights between your departure and arrival cities. Even with no nonstops available, the airline automatically determines your layover and puts both flights on one reservation. This strategy is ideal for a few reasons:

Tech consultant Nima Momeni will stand trial for murder in the stabbing death of Cash App founder Bob Lee, a San Francisco judge ordered Tuesday. Lee's violent death shocked the tech community as fellow executives and engineers praised his generosity, curiosity and leadership skills. He was 43 and chief product officer of cryptocurrency platform MobileCoin when he died.

gummy. Cute, colourful and easy on the palate, the rise of nutraceutical players is because of a number of factors, especially a surge in interest for wellness products. An Accenture survey across 16 countries found that consumers are considering health and fitness an “essential”. About 80% said they intend to maintain or increase their spend on areas related to health. There have also been investments by MNCs in a bid to enter the space: Marico’s recent acquisitions of sizable stake in True Elements and Unilever’s investment in Oziva are cases in point. “It is growing at a CAGR of 21%,” says Ananya Agarwal, founder of Nyumi. “The pandemic has led to a demand for immune-boosting products, which has fuelled growth in this market,” says Saurabh Kapoor, co-founder, Wellbeing Nutrition.

Hockey India president Dilip Tirkey has said that the national men's team will travel to Pakistan for qualifiers in case it fails to directly qualify for the 2024 Paris Olympics by winning gold at the upcoming Hangzhou Asian Games, starting September 23. The team winning the continental event gold shall receive direct berth in the quadrennial extravaganza as per rule but other nations need to play the qualifiers and this time venues identified are Pakistan and Spain. «We will be trying to get the job done in Hangzhou.

Supreme Court on Wednesday reserved its verdict on pleas of Tamil Nadu minister V Senthil Balaji and his wife Megala challenging the Madras High Court order upholding his arrest in a money laundering case. «The arguments heard. Judgement reserved,» a bench comprising justices A S Bopanna and M M Sundresh said after Solicitor General Tushar Mehta, appearing for the Enforcement Directorate (ED), and senior advocate Mukul Rohatgi, representing the minister, concluded their submissions. Presenting its arguments, the anti-money laundering agency said it has the requisite power to arrest and interrogate the accused minister in its custody in order to collect evidence and ensure corroboration. On the other hand, Rohatgi, assisted by lawyer Amit Anand Tiwari, said ED has no vested right to interrogate an accused in custody under the Prevention of Money Laundering Act (PMLA). Balaji, who continues to be a minister without portfolio in the Tamil Nadu government even after his arrest on June 14, and his wife assailed a Madras High Court order upholding his arrest by the probe agency in a money laundering case arising out of the alleged cash-for-jobs scam in the state's transport department.

In the Indian residential real estate market, affordable housing suffered the greatest impact of the Covid-19 pandemic — and unlike the other segments, has not recovered in the last two years. With buyers of this segment increasingly desisting from purchase decisions, affordable housing sales are languishing, and developers have accordingly curtailed its supply.

PepsiCo India expanded its plastic waste management program to Agra, the company announced on Wednesday. This campaign focusses on education and awareness around plastic circularity. In partnership with The Social Lab (TSL) and the Agra Nagar Nigam, Pepsico's "Tidy Trails" program will share practices related to plastic waste management with shopping establishments.

Ministry of Corporate Affairs (MCA) said on Wednesday. Similarly, as many as 1.96 million forms were filed on the MCA21 (Version 3, or V3) portal between April and July, it said in a series of tweets.

Quest Global is looking to grow its presence in India, and is hiring across its different verticals — aerospace and defence, semiconductor energy, medtech, and high tech. “Last year, we grew our headcount by about 15%, whereas our competitors grew by about 8-10%, and we expect this growth to continue,” Colleen Doherty, chief people officer, told ET. The engineering solutions company has about 17,500 employees globally, out of which about 10,000 are based in India, Doherty said.

Metro Brands dropped 5% in early trading but later rebounded by over 5% to reach Rs 1,097 during Wednesday's intraday trade on BSE following the release of June quarter results. The company reported a consolidated profit for the June quarter at Rs 93.5 crore, down by 11.6% from Rs 105.78 crore in the same quarter last year, impacted by the weak operating margin. The total revenue of the company stood at Rs 582.52 crore, rising 14.6% from Rs 507.95 crore in the year-ago quarter.

Gurugram, Sohna, and Manesar, as clashes erupted between two groups during a procession organized by the Vishva Hindu Parishad (VHP) in Nuh district on Monday. To maintain order and prevent further unrest, stringent measures have been put in place, resulting in a mix of restrictions and allowances across the affected regions:Nuh: The administration has imposed Section 144 and temporarily suspended mobile internet services in Nuh district until Wednesday. Section 144 prohibits the gathering of more than four individuals, as well as the organization of rallies, protests, or processions without prior approval from the police authorities.Gurugram: In the Sohna sub-division of Gurugram, all educational institutions will remain closed.

Delhi Ordinance bill, AAP Rajya Sabha MP Raghav Chadha said that those who support the bill will be remembered as ‘anti-national’ and also cited that these regional parties are supporting the bill out of compulsion. Meanwhile, Congress leader P Chidambaram cited that he fails to understand why these parties are supporting the government on this.

Western Australian Premier Roger Cook has denounced “extremist” protesters who descended on the home of Woodside chief Meg O’Neill and mounted a spirited defence of the natural gas industry, which he said was essential to the state’s energy transition.

Donald Trump on Tuesday marks the first time that the former president has been formally held accountable for his efforts to overturn his 2020 election defeat. And it adds new details to what was already known about his actions, and those of his key allies, in the weeks leading up to the violent Jan 6, 2021 insurrection. The newest charges — Trump's third criminal indictment this year — include conspiracy to defraud the United States government and conspiracy and obstruction of an official proceeding, the congressional certification of President Joe Biden's victory.

Kyiv's mayor said on Wednesday that a Russian drone attack on the capital overnight caused damage in multiple districts. «As a result of the enemy attack on the capital and the fall of (unmanned aerial vehicle) wreckage, a non-residential building was damaged in the Solomyansky district,» Kyiv Mayor Vitali Klitschko said on Telegram. Kyiv's busy Solomyansky district hosts an international airport.

Mumbai city registered its wettest July ever on July 26 with the month so far witnessing a record 1557.8 mm of rainfall. Earlier, the record was set in July in 2020 when 1,502 mm of rainfall was logged by the IMD's Santacruz observatory (representative of Mumbai's suburbs), according to a report published by the news agency PTI.

Independence Day, August 15, in Delhi but the use of Chinese manjha causes many accidents every year, as per ANI reports. “Since January 10, 2017, the use and sale of Chinese Manjha have been prohibited in the capital city of Delhi. Despite this, some kite flyers utilize it every year on August 15, as a result, a lot of animals and birds get trapped in the manjha," the minister reminded.

Grapple Glove, a highly anticipated traversal item, has made its comeback in Fortnite Chapter 4 Season 3. Here's where to find it and how to use it efficiently. Introduced during Chapter 3 Season 3, the Grapple Glove has been a hit among Fortnite players. With its ability to attach to various surfaces and launch players forward with a powerful swing, it became a sought-after item for traversing the island. In Chapter 4 Season 3, players were provided with several traversal options, such as vehicles, Grind Vines, Hop Plants and Raptors. However, the absence of the Grapple Glove was felt and its return has been warmly welcomed. To find the Grapple Glove in Fortnite Chapter 4 Season 3, players can search both Chests and Floor Loot. It is widely available across the island, but you'll have better luck locating it in high-ground areas like Mega City, Rumble Ruins and Brutal Bastion. Unlike its limited availability in Chapter 3 Season 3's Grapple Stops, the Grapple Glove is now more accessible throughout the game's various locations in the current season. To use the Grapple Glove, equip it in your inventory and aim at a suitable surface like a building or tree. Press the shoot button, and the glove will propel you forward with a swing. You can continue your trajectory by firing at another surface. Each Grapple Glove has 30 shots, and there's a slight cooldown period after each use. If you've used the Spider-Verse Web Shooters from the previous season, you'll find the Grapple Glove works similarly, though it requires multiple shots to maintain momentum compared to the web shooters.

Environmentalists have filed a lawsuit to prevent the construction of a new potash mine they say would devastate a lake ecosystem in the drought-stricken western Utah desert