Metro Financial News

Cost of Living LIVE Updates January 15: 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.

Advertisement spending on connected TV (CTV) is projected to touch $500 million by 2027 as the consumption of streaming content increases due to the affordability of internet-enabled TV sets and wired broadband subscriptions, a senior industry executive has said. «Ad spend on CTV is likely to grow at a rapid pace to touch $500 million by 2027,» said Siddharth Dabhade, South Asia managing director of global marketing intelligence firm MiQ. Previously, GroupM had projected that the CTV ad spend would be $395 million by 2027.

₹45 lakh for affordable housing, in the metros, and a further increase in Mumbai, experts said. (Affordable housing is defined as a house or apartment valued up to ₹45 lakh, with a carpet area of up to 90 square metres, located in non-metros and villages, and 60 square metres in large cities.) “…Raising the limit from ₹45 lakh to ₹1 crore for metro city home buyers will significantly benefit the affordable housing segment, making homes more accessible," said Pritam Chivukula, vice-president of industry body Confederation of Real Estate Developers’ Association of India- (Maharashtra Chamber of Housing Industry (Credai-MCHI). Around 476,530 residential units were sold in 2023 compared to 364,870 units in 2022, according to Anarock Property Consultants.

In Delhi, the transition from traditional kothis to luxury condominiums is driven by a blend of modern amenities, enhanced community living, and the convenience these developments offer. This shift aligns with the changing lifestyle preferences of the city’s residents, who now prioritize efficiency, security, and access to shared facilities. The allure of condominiums lies in their ability to offer a self-contained living experience, reflecting a significant change in urban real estate preferences.

Reliance Industries, Jio Financial Services, HDFC Bank, Asian Paints, LTIMindtree, IndusInd Bank, Polycab India, HUL, UltraTech Cement, ICICI Bank, and Kotak Mahindra Bank will be releasing their December quarter report cards this week. Here’s a list: January 15 Jio Financial Services, Angel One, PCBL, Choice, International, Kesoram Industries, Fedbank Financial Services, Brightcom Group, Reliance Industrial Infrastructure, Nelco, Suraj Estate Developers, Digicontent, Golkunda Diamonds & Jewellery, Emerald Finance, Excel Realty N Infra, Virtual Global Education. January 16 HDFC Bank, ICICI Lombard General Insurance Company, L&T Technology Services, Federal Bank, Bank of Maharashtra, ICICI Securities, Himadri Speciality Chemical, Jindal Saw, Network18 Media & Investments, Newgen Software Technologies, TV18 Broadcast, C.E.

Delhi government's transport department has once again floated a tender for deploying electric scooters in the Dwarka sub-city to strengthen last-mile connectivity in the area, officials said. The government plans to deploy thousands of electric scooters at around 90 locations in Dwarka, they added. «Bids floated for high speed and low speed scooters for first and last mile connectivity with bus stops and metro stations in Dwarka sub city,» Delhi Transport Commissioner Ashish Kundra said in a post on 'X' on Thursday.

Union Civil Aviation Minister Jyotiraditya Scindia has said the Navi Mumbai international airport will be commercially operational by March 2025. The upcoming airport is not just an important infrastructure project for Mumbai or Maharashtra but is a project of pride for the entire nation, he told reporters on Saturday. He inspected the progress of the work connected to the airport, which is being built in five phases.

Demand from women learners is soaring, not just from the top metros but also Tier 2/3 towns and cities, fuelled by the need to enhance employability in a job market that is becoming increasingly competitive, unpredictable, and demanding.

Maharashtra but is a project of pride for the entire nation, Union Civil Aviation Minister Jyotiraditya Scindia said here on Saturday. He inspected the progress of the work connected to the airport, which is being built in five phases. «The physical and financial completion is 55 to 60 per cent.

Delhi Metro Rail Corporation (DMRC) carried more than 67 lakh people on January 1, 2024, the highest ridership registered by the mass transit system on a New Year day in the last six years. According to DMRC data released on Saturday, a total of 67.47 lakh commuters availed the services of metro on January 1. The data showed that 49.16 lakh people used metro on January 1 last year, 23.66 lakh in 2022, 55.26 lakh in 2020 and 50.16 lakh in 2019.

Commercial operation of the Navi Mumbai International Airport will commence by March 31, 2025, Union Civil Aviation Minister Jyotiraditya Scindia said on Saturday. He also said that as much as 55-60 per cent of the work on the project has been completed.

NCR-based Migsun Group has announced that DMart has bought 47,000 sq ft of space at its Sector 22 Rohini project in Delhi for Rs 108 crore. DMart is a leading hypermarket retail chain and has acquired the project’s lower ground and first floors to set up a hypermarket store.

Atal Setu' or the Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, the face of Navi Mumbai is changing rather swiftly, as it will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours. The bridge will also enable connectivity to 'Third Mumbai' or the 'Navi Mumbai Airport Influence Notified Area (NAINA)'. It is to be noted that at present, the infrastructure projects include MTHL, Navi Mumbai Metro, Navi Mumbai International Airport and NAINA which are unfolding one by one.

Cost of Living LIVE Updates January 12: 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.

The Ramsey Show co-host George Kamel reacts to Guy Fieris stance on leaving his fortune to his kids and how to avoid overspending and credit card debt.

real estate growth. “The Mumbai Trans Harbour Link is a game-changer! As a proud Mumbai developer, I see this engineering marvel transforming connectivity and our real estate landscape.

Mumbai Trans Harbour Link (MTHL), is set to be inaugurated by Prime Minister Narendra Modi on January 12. This extraordinary sea bridge, spanning nearly 22km and ranking as the world's 12th longest, has been under construction since 2018. The route commences at Sewri in south Mumbai, traversing Thane Creek and concluding at Chirle in the distant outskirts of Navi Mumbai. According to a TOI report, a senior state government official said, “The state government has extended the invitation to the PM for inauguration of this bridge on January 12.” Preparations for the inauguration are in full swing, with the Mumbai Metropolitan Region Development Authority (MMRDA) initiating the process by floating tenders for event management and project management consultants.

Metro Brands with a target price of Rs 1350. The current market price of Metro Brands Ltd.

Walmart has unveiled plans to dive further into the world of artificial intelligence — and drones — to improve its customers’ shopping experiences

MAI Capital Management has acquired $1.4 billion Madison Wealth Management to enhance its presence in Ohio and Northern Virginia.

Noida Expressway has evolved into a thriving commercial, IT, and ITES hub, redefining the real estate landscape in the region, over the past few years. The connectivity between Noida, Greater Noida, and Yamuna Expressway has played a pivotal role in transforming this corridor into an efficient real estate hub. The stretch has witnessed a remarkable surge in both commercial and residential projects, making it a haven for investors and homebuyers.