News for 'Citi Research'

'The EV Market Is Hotting Up'

'The EV Market Is Hotting Up'

Rediff.com21 Sep 2024

'A lot of players such as Maruti and Hyundai are entering the market in the first and the second quarters of 2025.'

This Mum Helps Women Return To Work

This Mum Helps Women Return To Work

Rediff.com3 Jan 2025

In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.

What Adani Group CFO said about the bribery charges

What Adani Group CFO said about the bribery charges

Rediff.com23 Nov 2024

None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.

Budget 2024: Sitharaman unveils road map for 'Viksit Bharat'

Budget 2024: Sitharaman unveils road map for 'Viksit Bharat'

Rediff.com24 Jul 2024

Finance Minister Nirmala Sitharaman's Budget proposals lay out a comprehensive road map for transforming India into a developed nation, focusing on key priorities that aim to generate ample opportunities for all citizens in "Viksit Bharat". It sets the stage for sustained economic growth, social development, and technological advancement.

How Much Do Weddings Cost These Days?

How Much Do Weddings Cost These Days?

Rediff.com14 Dec 2024

Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.

Why Megacities Are Not Cooling Down

Why Megacities Are Not Cooling Down

Rediff.com5 Jun 2024

The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.

The Olympics, From A Spectator's Lens

The Olympics, From A Spectator's Lens

Rediff.com14 Aug 2024

What is it like watching all the Olympian action and drama unfold from the spectators' galleries at the Stade de France?

Airfares Nosedive For Diwali!

Airfares Nosedive For Diwali!

Rediff.com31 Oct 2024

'The past few quarters have seen prohibitive fares for advance bookings, only to dip closer to departure.'

Pompeii: How Life Changed In A Day

Pompeii: How Life Changed In A Day

Rediff.com26 Sep 2024

'They were ahead of their times. We don't expect this from a civilisation of the first century AD.'

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

Is This Right Time To Buy A Home?

Is This Right Time To Buy A Home?

Rediff.com18 Oct 2024

For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.

New York Labor Day Parade Was A Spectacle!

New York Labor Day Parade Was A Spectacle!

Rediff.com9 Sep 2024

Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.

27 killed, 62 injured in suicide bombing at Pak railway station

27 killed, 62 injured in suicide bombing at Pak railway station

Rediff.com9 Nov 2024

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.

Ordering Food Online? Read This

Ordering Food Online? Read This

Rediff.com19 Sep 2024

There's an average aggregator premium of Rs 46 per dish (in hidden costs) compared to delivery orders placed on restaurants' own channels. Conservatively, this translates into an additional annual financial burden of at least Rs 12,000 for the average Indian household in major metro/Tier-I cities.

High Time India Resists Real Estate Mania

High Time India Resists Real Estate Mania

Rediff.com14 Oct 2024

Once we break free of the idea that land is scarce, real estate is just a pile of bricks, steel, and glass. Any price surge will kick off a supply response, which kills off the possibility of sustained price appreciation, points out Ajay Shah.

Water crisis: Half of global food production at risk

Water crisis: Half of global food production at risk

Rediff.com17 Oct 2024

The water crisis could jeopardise more than half of the world's food production and cause an average global GDP loss of 8 per cent by 2050, with lower-income countries facing up to a 15 per cent loss, according to a new report.

Bengal junior doctors call off 'cease work' after 42 days

Bengal junior doctors call off 'cease work' after 42 days

Rediff.com20 Sep 2024

Ending the logjam persisting for 42 days in the wake of the rape and murder of a young doctor at RG Kar hospital, the agitating medics withdrew the 'cease work' after holding a march to the Central Bureau of Investigation (CBI) office in Salt Lake in Kolkata from the state health department's headquarters, where they had been demonstrating for over a week.

Britain's King Charles visits Bengaluru for Ayurvedic treatment

Britain's King Charles visits Bengaluru for Ayurvedic treatment

Rediff.com30 Oct 2024

Britain's King Charles is on a personal visit to Bengaluru where he is staying at a sprawling integrative medical facility near Whitefield, sources said on Wednesday.

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Tracking air: As Delhi AQI worsens, experts call for long-term solutions

Rediff.com25 Oct 2024

Air quality index (AQI) soared past 350 level in parts of Delhi on Thursday and experts cautioned that as weather turns colder it may breach the 400-mark ceiling and enter the 'severe' zone soon, notwithstanding the incidents of stubble burnings which have nosedived from 17,529 in 2020 to 4,262 this year.

Weak sales growth weighs on Avenue Supermarts, operational parameters weak

Weak sales growth weighs on Avenue Supermarts, operational parameters weak

Rediff.com19 Apr 2023

The stock of the retail chain Avenue Supermarts (Dmart) was the biggest loser in the BSE 100 Index shedding 4.35 per cent on Thursday and added to these losses on Monday by falling an additional 1.3 per cent. The Street was reacting to lower than expected operational performance by the company in the March quarter. The country's largest listed retailer by market capitalisation reported a 20 per cent year-on-year (y-o-y) growth in its top line to Rs 10,337 crore.

Protests Hit Retail Ahead of Durga Puja

Protests Hit Retail Ahead of Durga Puja

Rediff.com7 Sep 2024

West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.

'Studied In Thiruvananthapuram' Will Be A Global Brand

'Studied In Thiruvananthapuram' Will Be A Global Brand

Rediff.com30 Mar 2024

Rajeev Chandrasekhar outlined his ideas to turn Thiruvananthapuram not only into a hub for higher education, but also a knowledge city, points out Ambassador T P Sreenivasan.

Mission Mausam: Know everything about Rs 2000 crore project

Mission Mausam: Know everything about Rs 2000 crore project

Rediff.com13 Sep 2024

As weather patterns grow more unpredictable due to climate crisis, India is taking a giant leap with "Mission Mausam" to improve weather understanding and forecasting through expanded observation networks, better modeling and advanced tools like AI and machine learning.

'Space Transportation Has To Be Like Booking A Cab'

'Space Transportation Has To Be Like Booking A Cab'

Rediff.com23 Oct 2024

'We started AgniKul to show that space transportation should be as simple as road transportation.'

Beware The American Deep State

Beware The American Deep State

Rediff.com11 Dec 2024

Do not underestimate the ingenuity of the Deep State in America to have its way. Keeping the guard down will be a catastrophic mistake on the part of the Delhi establishment. We could get hit when least expected. That's what happened in Bangladesh and Syria, warns Ambassador M K Bhadrakumar.

'What Bigger Award One Can Hope For?'

'What Bigger Award One Can Hope For?'

Rediff.com4 Jul 2024

I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.

40 Years Later, Can The Wounds Ever Heal?

40 Years Later, Can The Wounds Ever Heal?

Rediff.com30 Oct 2024

As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Rediff.com25 Jul 2024

Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better than expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and margin gains going ahead. The key takeaway from the results was the robust gross margin performance. Riding on improving mix, DMart posted a 34 basis point year-on-year (Y-o-Y) improvement in gross margins to 14.9 per cent.

NCERT axes caste-based discrimination in Class 6 books

NCERT axes caste-based discrimination in Class 6 books

Rediff.com21 Jul 2024

There are tweaks in references to B R Ambedkar's experience about the discrimination.

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

Mpox Puts Health System On High Alert

Mpox Puts Health System On High Alert

Rediff.com17 Aug 2024

Strict screening protocols are to be implemented for passengers arriving from central African countries affected by the outbreak.

'Invest 10-15% Of Your Portfolio In Gold'

'Invest 10-15% Of Your Portfolio In Gold'

Rediff.com1 May 2024

Gold is an excellent asset class for diversification and should be included in all long-term portfolios.

Total leasing of office space in Jan jumps 93% across 7 major cities: JLL

Total leasing of office space in Jan jumps 93% across 7 major cities: JLL

Rediff.com20 Feb 2023

The total leasing of office space, which comprises demand for all grades of buildings, rose 93 per cent year-on-year in January to 3.2 million square feet across seven major cities, according to property consultant JLL India. However, the leasing fell 56 per cent, compared to December 2022, which had seen 7.4 million square feet office space absorption. In January 2022, the aggregate leasing activities stood at 1.7 million square feet.

Rupee likely to trade 54-56/dollar in FY'14: Citi

Rupee likely to trade 54-56/dollar in FY'14: Citi

Rediff.com13 Jun 2013

The battered rupee is likely to trade in the range of 54-56 against dollar in the current fiscal with a possibility of widening of this band depending on strengthening of the US unit, Citi Research said.

AI will play big role here: Google India MD

AI will play big role here: Google India MD

Rediff.com3 Oct 2024

Having marked a 20-year milestone in India, global tech giant Google is upbeat about its next innings here with Artificial Intelligence (AI) playing a big role in it, India MD Roma Datta Chobey said on Thursday, adding that the company is aligning its vision and strategy fully to the country's growth and ambitions. In an interview to PTI, Chobey said Google believes that AI should be regulated but in a way that strikes a fine balance between user benefit -- which is "still at a nascent stage" -- and at the same time, fosters innovation.

India should achieve its ambitious growth targets: Citi

India should achieve its ambitious growth targets: Citi

Rediff.com17 Apr 2013

India is aiming for a material acceleration in growth, with targets of 6.1-6.7 per cent in the current fiscal 2013-14, over 7 per cent in FY 2015.

Blinkit, Zepto ignite the quick commerce firestorm

Blinkit, Zepto ignite the quick commerce firestorm

Rediff.com25 Mar 2024

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.

Gaza War: Cricket club to rescue of Indian researchers in Israel

Gaza War: Cricket club to rescue of Indian researchers in Israel

Rediff.com17 May 2021

A cricket club in the southern Israeli city of Beersheba has come to the rescue of several Indian researchers at the Ben-Gurion University in the Negev southern region, who had been struggling for a proper shelter while being under a complete siege with rockets raining over the country's south during the past one week.

Jio completes 5G coverage planning in top 1,000 cities

Jio completes 5G coverage planning in top 1,000 cities

Rediff.com8 Aug 2022

Country's largest telecom player Jio has completed 5G coverage planning in top 1,000 cities and conducted field trials of its home-grown 5G telecom gears, Reliance Industries said in its annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology. The company was the biggest bidder in the recently-concluded 5G spectrum auction.

Model of Chinook chopper goes missing? Defence ministry clarifies

Model of Chinook chopper goes missing? Defence ministry clarifies

Rediff.com18 May 2024

Defence Ministry spokesperson A Bharat Bhushan Babu said the DRDO never installed any helicopter model in Lucknow.