Metro Financial News

The World Bank estimates that India will need to invest approximately $ 840 billion in urban infrastructure over the next 15 years. The Union Budget 2023-24 has already allocated ₹10 trillion towards capital investment and has identified one hundred critical transport projects for first and last mile connectivity.

Statistics reveal that the world’s top 1 per cent of emitters produce over 1,000 times more CO2 than the bottom 1 per cent. That number gets starker, as studies reveal, with the richest 0.1 per cent of the world’s population emitting 10 times more than the entire top 10 per cent combined. These figures make one thing explicitly clear: if these top emitters globally continue to maintain such carbon levels, there is no way we can decarbonize fast enough.

Godrej Industries Ltd for ₹300 crore. Currently, Nature’s Basket operates 32 stores as an upmarket food retailer. In contrast, Artisan Pantry will be more luxe, offering imported wines, a diverse range of cheese, a dedicated section for artisan chocolates, honey, gourmet fruits, and vegetables such as Yuzu Lemon, multicolored corn, Japanese Apple Fuji, and more.

NAHB CEO Jim Tobin discusses the state of the housing market, American homeownership, and using family money for home down payment.

₹1 lakh crore business in the next 5 years. The hiring will be across the domains such as engineering, design, luxury, digital, data analytics, marketing and sales. “We are embarking on an exciting journey towards becoming a ₹1,00,000 crore business in the next 5 years.

Sunteck Realty share price jumped over 5 per cent in morning trade on BSE on Tuesday, November 21. The stock opened at ₹474 against the previous close of ₹453.70 and rose 5.5 per cent to hit the intraday high of ₹478.50 on BSE.

KPIT Technologies share price declined over 5% in early trade on Tuesday after witnessing a stellar rally this month. The stock fell as much as 5.50% to ₹1,533.00 apiece on the BSE. KPIT Technologies shares have jumped more than 31% in one month while the stock is up over 12% year-to-date (YTD).

BSE, following the announcement that Titagarh Rail Systems has entered into a strategic partnership with ABB for metro projects in India. Titagarh Rail Systems Limited share price opened at ₹960 apiece on BSE. Titagarh Rail System stock price touched an intraday low at ₹959.85 apiece.

ABB India: ABB and Titagarh Rail Systems have formed a strategic partnership to supply propulsion systems for metro rolling stock projects in India. HDFC Life Insurance Company: Karnataka Bank has formed a strategic partnership with HDFC Life Insurance to offer life insurance products to its customers. RateGain Travel Technologies: The company said on November 20 that it has raised over ₹600 crore from qualified institutional buyers (QIBs).

The City of Parramatta is leaving central Sydney in its wake as the nation’s most exciting commercial and cultural hub. New transport links, revitalised commercial precincts and the revamp of the Riverside Theatre are huge drawcards, helping to attract people and businesses to the area.

Revfin, a leading finance solution provider and Bengaluru-based premium electric vehicle taxi service have announced a joint milestone of completing one year in operation.

Dwarka, a well-known sub-city in southwestern Delhi, has witnessed rapid development over the past few years. Dwarka has emerged as the latest realty hotspot among its various sectors with its sound connectivity, visibility, availability of robust infrastructure, and vital amenities. This sector has become an attractive destination for real estate developers.

air quality in the national capital continued to remain 'very poor' on Monday morning, with an AQI of 310. According to the System of Air Quality and Weather Forecasting And Research (SAFAR-India), the air quality index in Delhi was recorded at 310 at 8:30 am on Monday, categorising it as 'very poor.' As per the Central Pollution Control Board (CPCB) data recorded at 7:00 am on Monday, the air quality index at Anand Vihar was recorded at 361; it was 368 at Alipur; Ashok Vihar at 342; ITO, Delhi at 318; and at RK Puram, it was recorded at 344, all falling into the 'very poor' category. A day after restrictions under the Graded Response Action Plan (GRAP) — 4 were lifted in Delhi following improvement in the air quality, Environment Minister Gopal Rai on Sunday urged people to be careful and continue to follow the rules as stages 1, 2, and 3 of GRAP are still in place to tackle air pollution in the national capital. Gopal Rai said, «Though there has been a constant improvement in air quality, people still need to be aware in order to maintain this improvement.» «There has been constant improvement in pollution levels over the last two days.

However, brands said they may have to forsake some of their margin if the cost of borrowing goes up for such consumer loans — especially for no-cost EMIs whose interest cost they either bear alone or with retailers — after the Reserve Bank of India increased the risk weight on consumer credit including credit card receivables and bank loans to NBFCs by a fourth. The central bank's latest move may force banks and non-banks to set aside more capital, which can potentially increase the lending rates. «Indian consumers are not going to buy consumer goods on EMIs unless those are no-cost,» Haier India president Satish NS said. «So, any increase in borrowing cost will have to be borne by the brands or they may pass it by marginally increasing product prices.» Cars costing upwards of ₹10 lakh accounted for 41% in total sales in 2022.

ICC Men's Cricket World Cup 2023 Final between India and Australia at Ahmedabad's Narendra Modi Stadium on 19 November is underway, and the stadium is filled with a sea of blue, as spectators and cricket fans across India arrive expecting the Men in Blue will defeat the Australians and lift the Cricket World Cup. The buzz for the the match was complemented by world-renowned Surya Kiran, the aerobatic team of the Indian Air Force.

Weather forecast in AhmedabadThe routine pre-winter weather conditions are expected to prevail in Ahmedabad on November 19, when India will face Australia in the high-stake final of the ICC One-Day International (ODI) World Cup 2023, at the city's Narendra Modi stadium.Australia vs India today: When, where and how to watchThe Australia vs India final match will air live on Indian television via Star Sports channels. Indian viewers can also enjoy free live streaming of these matches on the Disney+Hotstar app and website.

single-use plastic ban is “unconstitutional and unreasonable” is generating disappointment for some in the environmental movement.And it is also raising questions about whether the plastic bags, straws and takeout containers listed under the ban could make a comeback.“I mean, we were very disappointed. And this is a real setback to the federal government’s plans to address the plastic pollution crisis,” said Ashley Wallis, associate director with Environmental Defence in Toronto.Both Environmental Defence and Greenpeace Canada are calling on the federal government to appeal the ruling, something Environment Minister Steven Guilbeault said he’s “strongly considering.”But where do things go from here?The court challenge was brought forward by a group called the Responsible Plastic Use Coalition (RPUC), made up of plastic producers including Dow Chemical and Imperial Oil.They successfully argued that the May 2021 cabinet order classing “plastic manufactured items” as toxic substances under the Canadian Environmental Protection Act (CEPA) was too broad.In a statement, the RPUC said it is glad that the court upheld the provisions of the CEPA and believes industry and the government can work collaboratively to reduce plastic waste.This classification allowed Ottawa to ban a wide variety of single-use plastics because under the CEPA, the federal government can ban toxic substances.With this classification retroactively overturned, does it mean single-use plastics like bags and straws will come roaring back?Not likely, it seems.Two of Canada’s major grocers, Loblaws and Metro, both tell Global News they will not be bringing back plastic shopping bags.“No.

Uddhav Thackeray faction leader Aditya Thackeray and other office bearers for illegally inaugurating the Delisle Road Bridge in Lower Parel, said Mumbai Police. A complaint was filed by the road department of the Mumbai Municipal Corporation at the NM Joshi police station and thereafter a case was registered under sections 143, 149, 326, and 447 of the IPC. According to the Mumbai Police, Shiv Sena (UBT) leader Aditya Thackeray along with Sunil Shinde, Sachin Ahir, former Mayor Kishori Pednekar, Former Mayor Snehal Ambekar and 15-20 activists, went to the location and inaugurated the bridge. The Delisle Road Bridge was not fully ready for traffic and there was no permission from the Mumbai municipal corporation to open the bridge. The BMC officer complained to the police, on the basis of which the police registered a case against Aditya Thackeray and other party leaders.

Chhath Puja celebration in the national capital. They informed that traffic disruptions are anticipated from Sunday afternoon to Monday morning in the vicinity of major ponds. In a post on X, Delhi Traffic Police wrote, “On Sunday, thousands of devotees will be congregating at various ponds since afternoon.

World Cup final, companies are making big plans to tap into peak cricket mania, with the weekend shaping up to be a bumper post-Diwali mini festival. Bars and restaurants are creating Bleed Blue shots and Shami and Virat menus coupled with consumer promotions. Delivery platforms have asked companies to increase supplies of soft drinks and snacks in expectation of demand shooting up as fans gather at homes to watch the final together. Theatres, clubs and condominiums are hosting live screenings. The official India blue jersey supplier Adidas has extended sale points to general trade stores to meet unexpectedly high demand. TV brands and retailers say there's been a 40% surge in the sales of large-screen sets from the post-Diwali period last year.

Narendra Modi and Australian Deputy Prime Minister Richard Marles will attend the World Cup cricket final between India and Australia to be played here on Sunday, officials said. An official release said Gujarat Chief Minister Bhupendra Patel held a high level meeting in Gandhinagar on Friday to oversee security and and other arrangements for the match, which will be played at the Narendra Modi Stadium in Motera.