Metro Financial News

ResiClub co-founder and editor-in-chief Lance Lambert discusses the U.S. housing affordability crisis on 'Making Money.'

₹17 crore, which the company aims to clear by the end-of-season sale in the September quarter (Q2FY25). Metro is optimistic about realizing higher-than-carrying value from this inventory. As such, Metro has been trimming the fat, shutting down many Fila stores with just three exclusive brand outlets (EBOs) operational as on March-end.

Bandra-Kurla Complex, if everything goes according to plan. The Mumbai Metro Rail Corporation Limited expects to commence phase I of Mumbai Metro Line 3 commercial operations on this route by July, TOI reported. The necessary dry runs have been completed, and some assessments and approvals are awaited. The Metro agency is ready to run over 260 services with its fleet of 19 trains. Once Metro Line 3 is fully operational, it will serve around 1.7 million passengers daily, with trains running every three to four minutes and carrying approximately 2,500 passengers per trip. This line will be Mumbai's only completely underground metro, significantly enhancing the city's transportation system. The first phase of the 12-kilometer-long Metro 3 underground corridor runs from Aarey to Bandra-Kurla Complex.

CNBC-TV18 reported.During the recent earnings conference call, IndiGo's CEO Pieter Elbers revealed the airline's foray into the business class segment. "We will have business class seats deployed on India’s busiest and business routes," CNBC-TV18 quoted an Indigo official.Thus, as per media reports, business class seats will be available on India's most prominent airlines, with 10 to 15 aircraft operating on major domestic metro routes.

NTPC: The company reported a 33% YoY surge in Q4 net profit to ₹6,490 crore and a 7.6% increase in revenue to ₹47,622 crore. The company’s gross power generation rose by 4.15% to 93.387 billion units (BU) in Q4, compared to the same period last year, amid rising power demand due to high temperatures across the country.

UAE are now subject to stricter immigration checks at Dubai and Abu Dhabi airports. Authorities have mandated that visitors carry proof of at least ₹60,000 in their bank account or have a credit card and a return ticket. This measure aims to prevent the misuse of tourist visas. Sources indicate that first-time travellers from Tamil Nadu and Kerala are particularly under scrutiny. These checks have led to delays at Indian airports as airlines now ensure passengers meet these requirements before allowing them to board. The increased vigilance follows incidents where passengers arriving on tourist visas lacked sufficient funds or return tickets, leading to deportations. Airlines are now required to verify that solo travellers, especially women aged 20-35, comply with these rules to avoid having to return deported passengers at their own expense.

The India Meteorological Department (IMD) highlighted this as the highest temperature since June 1, 2019, when Churu, also in Rajasthan, logged a scorching 50.8 degrees Celsius. Meanwhile, Phalodi hit India's all-time high temperature of 51 degrees Celsius on May 19, 2016.Apart from the northern plains and central regions, severe heat was also witnessed in Himachal Pradesh, Assam and Arunachal Pradesh.

Also Read: EC censures TMC's Humayun Kabir after 'throw BJP supporters in Ganga' remark sparked rowTo ensure the smooth conduct of Karnataka Legislative Council elections in Bengaluru, the administration has prohibited the sale of liquor on voting day. MLC elections polling will be held on June 3, and counting votes will be held on June 6.Due to MLC voting, liquor sale will be prohibited in the region from 4 pm on June 1 to June 3rd, reported Asianet.

Also Read: EC censures TMC's Humayun Kabir after 'throw BJP supporters in Ganga' remark sparked row“@MamataOfficial has repeatedly flagged how @BJP4India was trying to rig votes by tampering with EVMs. And today, in Bankura's Raghunathpur, 5 EVMs were found with BJP tags on them.

Mumbai-In the bustling city of Mumbai, amidst the vibrant streets and dynamic lifestyle, Origin Corp introduces a new concept of luxurious living with Claremont. Nestled in the heart of Goregaon, Claremont is not just another residential tower; it's a testament to sophistication and unique style, offering residents a lifestyle of unparalleled palatialliving. This 46-storey residential tower provides residents with large, luxurious living spaces and stunning views.

Showtime has revealed the cast for its upcoming prequel series Dexter: Original Sin, featuring Patrick Gibson, Christian Slater and Molly Brown. The series will explore the origins of Dexter Morgan, focusing on his early years. Cast

travel and tourism sector is well-positioned to capitalise on an upcycle, driven by factors, including the demand-supply gap, penetration opportunities in Tier II and Tier III markets and rebound in foreign tourist arrivals, according to Indian Hotels Company Ltd Managing Director and CEO Puneet Chhatwal. In his address to shareholders in the company's Annual Report for 2023-24, Chhatwal said the Tata group hospitality firm is uniquely placed to capitalise on the opportunities provided by a dynamically growing industry. The company plans to make its 'Gateway' brand — a full-service hotel offering in the upscale segment targeting emerging micro markets in metros, Tier II and Tier III cities — 100 hotels portfolio by 2030, he added. «In India's evolving economic landscape, tourism has emerged as a powerful force driving not only economic growth but also forging a path towards a brighter and more inclusive future. With its rich cultural heritage and warm traditions, hospitality in India has undoubtedly arrived on the world stage,» he wrote.

1. Revision in Average Balance criteria The average balance criteria for Everyday Savings Account and Sankalp Savings Account revised as under:

Responsive Industries, a leading manufacturer of PVC products with a 'buy' rating and a 24-month target price of ₹436 apiece, citing long-term growth opportunities in the vinyl tiles. The target price implies an upside of 44% from the stock's latest closing price of ₹302.

INDIA bloc, comprising Congress and the Aam Aadmi Party (AAP). The national capital will vote in a single phase for all seven constituencies on May 25 in the ongoing Lok Sabha elections. Several restrictions, including a 48-hour ban on liquor sales, have been imposed, given the polling in Delhi on Saturday.

ITC, IndiGo, Grasim, Power Grid, Nykaa, Gland Pharma among others will be in focus due to various news developments and quarterly earnings. ITC, IndiGo, Honasa, Tata Investment Shares of ITC, IndiGo, Honasa and Tata Investment will be in focus as the companies will announce their fourth quarter results today.

Nashville councilmembers have rejected a plan to erect a glowing sign at Morgan Wallen’s new bar along a neon-lit strip of honky tonks in the city's downtown

Top news of the day: On 22 May, a series of events are set to take place right from politics to business. A bomb threat was received by the Union Home Ministry’s office at Delhi’s North Block. China's top internet authority has introduced a language model rooted in President Xi Jinping's political philosophy.

Uttar Pradesh Chief Minister Yogi Adityanath took a dig at the Congress and Samajwadi parties, saying they «create chaos and stampede-like situations every day and threaten to bring back inheritance tax if voted to power after the 2024 Lok Sabha elections. Addressing a public meeting in Jaunpur, CM Yogi said, »...SP is in a very bad situation. It is a regional party. They are contesting elections for 60-62 seats. When they (the Samajwadi Party and Congress) are miles away from power, their party workers aren't respecting them; they create chaos, ruckus and stampede-like situations every day." «It's not a hidden fact that they would have exploited people in UP when they were in power...,» he said, targeting the two INDIA bloc alliance allies.

Waverly Advisors has just expanded its reach in the Southeast as it welcomes an investment advisory practice in Georgia.

Recognising the need for quick and steadfast claims support, Policybazaar has launched its Claim Assurance Program to fast-track motor insurance claims. With a strong presence across 1000+ PIN codes, Policybazaar is targeting metro cities as well as tier 2 & 3 regions.