News for 'Citi Research'

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.

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.

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.

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.

Citi credit card business losing steam in India

Citi credit card business losing steam in India

Rediff.com1 Apr 2022

At a time when banks are engaged in a fierce battle to gain market share in the credit card segment, Citibank India has been losing its share, both in terms of outstanding cards and spends in the last few years. Still, average spends on Citi cards are higher than any other Indian bank. Last year, the global banking behemoth announced exit from its consumer banking franchises in 13 markets across Europe, Middle East and Asia, including India, citing lack of scale.

Sizzling Holi ahead? Temp may surge to 40 degrees C in 9 states, here is why

Sizzling Holi ahead? Temp may surge to 40 degrees C in 9 states, here is why

Rediff.com22 Mar 2024

The independent group of scientists and communicators previously said that winters are quickly transitioning into summer-like conditions in north India, shortening the spring season.

Dominique Lapierre, author of City of Joy, passes away at 91

Dominique Lapierre, author of City of Joy, passes away at 91

Rediff.com5 Dec 2022

Dominique Lapierre, the French author with a passion for India and whose novels sold tens of millions of copies, has died, his wife announced on Sunday.

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.

Leasing of office space may rise 41-49% across 7 cities in 2022

Leasing of office space may rise 41-49% across 7 cities in 2022

Rediff.com19 Dec 2022

Net leasing of office space is likely to rise by 41-49 per cent across seven major cities this year on a lower base and improved demand post-pandemic, according to JLL India. Net absorption or leasing of office space stood at 26.2 million square feet in 2021, and it is likely to be in the range of 37-39 million square feet this year across seven cities -- Bengaluru, Delhi NCR, Chennai, Hyderabad, Kolkata, Mumbai and Pune. Nevertheless, the net office leasing will remain lower than the record absorption achieved in 2019 -- the pre-COVID year -- at 47.9 million square feet.

Customs duty cut on silver likely to give Centre breather for now

Customs duty cut on silver likely to give Centre breather for now

Rediff.com7 Aug 2024

The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab Emirates (UAE) under the Comprehensive Economic Partnership Agreement (CEPA). In FY24, silver imports from the UAE jumped to $1.7 billion from only $11.18 million in FY23, according to commerce department data. In May, about 87 per cent of India's silver imports came from Dubai.

What assurance did Jaishankar give to Maldives

What assurance did Jaishankar give to Maldives

Rediff.com11 Aug 2024

External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining peace, stability and prosperity in the Indian Ocean region.

94 new Indian entrants to Hurun rich list

94 new Indian entrants to Hurun rich list

Rediff.com27 Mar 2024

The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

Real estate stocks strategy: Do not cash out fully, say analysts

Real estate stocks strategy: Do not cash out fully, say analysts

Rediff.com11 Jul 2024

The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.

German man gets 217 Covid vaccinations without side effects

German man gets 217 Covid vaccinations without side effects

Rediff.com6 Mar 2024

Until now, it has been unclear what effects hypervaccination such as this would have on the immune system. Some scientists were of the opinion that immune cells would become less effective after becoming used to the antigens.

First pilot of retail digital rupee in 4 cities on Dec 1

First pilot of retail digital rupee in 4 cities on Dec 1

Rediff.com29 Nov 2022

The Reserve Bank will launch the first pilot for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, and later expand it to nine more cities in the initial phase. This follows a month after the RBI had started a pilot in the digital rupee - wholesale segment on November 1. The Reserve Bank announces the launch of the first pilot for retail digital rupee (e?-R) on December 1, 2022, the central bank said in a statement on Tuesday.

Bomb threat mails sent to Ahmedabad schools traced to Pak

Bomb threat mails sent to Ahmedabad schools traced to Pak

Rediff.com10 May 2024

"The emails were sent from 'mail.ru' domain, in which a man impersonating himself as Tauheed Liaquat sent them to all the schools with the aim of spreading fear among voters and Indian citizens," the Ahmedabad crime branch said in a press statement.

Recipe: William Dalrymple's Tiger Prawns

Recipe: William Dalrymple's Tiger Prawns

Rediff.com23 May 2024

It's one big bowl of crunchy goodness.

India's internet economy likely to reach $1 trillion by 2030: Experts

India's internet economy likely to reach $1 trillion by 2030: Experts

Rediff.com17 May 2024

India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.

Wuhan wet market may not be birthplace of COVID-19: Chinese researchers

Wuhan wet market may not be birthplace of COVID-19: Chinese researchers

Rediff.com27 May 2020

The results of the study, being published on the website of top academic journal Nature on May 20, implied the Huanan Seafood Market in Hubei's capital Wuhan may not be the birthplace of COVID-19, although the virus outbreak emerged in Wuhan had a strong link to contacts with the market.

Chinese vessel near Male as India, Lanka, Maldives begin trilateral drill

Chinese vessel near Male as India, Lanka, Maldives begin trilateral drill

Rediff.com22 Feb 2024

India has expressed concern about the movement of the Xiang Yang Hong 03 vessel in Indian Ocean waters and also prevailed on Sri Lanka to refuse permission for the ship to dock at Colombo port.

How Yoga Day was celebrated in China

How Yoga Day was celebrated in China

Rediff.com22 Jun 2024

Year after year, the number of yoga practitioners participating in the official and unofficial events on International Yoga Day in different cities is growing, especially the young people, officials say.

Adani group to hit the road this week to raise up to Rs 33,254 crore

Adani group to hit the road this week to raise up to Rs 33,254 crore

Rediff.com28 May 2024

The Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately Rs 33,254 crore) through equity and refinancing of older debt, according to banking sources. The roadshows, scheduled to take place in major cities, will inform investors about the group's investment plans across renewable energy, petrochemicals, and infrastructure development.

Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales

Macrotech and Oberoi Realty elevate Mumbai skyline with highrise sales

Rediff.com24 Jun 2024

Mumbai-based developers Macrotech Developers (Lodha) and Oberoi Realty have emerged as top gainers among largecap realty stocks over the past month, with gains ranging from 29 per cent to 33 per cent. Strong ongoing sales trends in Mumbai's core market, record bookings in the January-March quarter, and healthy guidance for 2024-25 (FY25) have propelled these companies, which derive the majority of their revenues from India's financial capital.

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

ICFAI sets up research wing

ICFAI sets up research wing

Rediff.com6 Oct 2004

'Trump's Going To Be Very Good For India'

'Trump's Going To Be Very Good For India'

Rediff.com6 Nov 2024

'He is the only president, the only American politician, who had the guts to stand with Hindus.'

PM to scientists: Extend research from labs to land

PM to scientists: Extend research from labs to land

Rediff.com16 Mar 2018

He said India has a rich tradition and a long history of both discovery and use of science and technology.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

100 Indian Elephants March To New York

100 Indian Elephants March To New York

Rediff.com5 Sep 2024

Why is the Big Apple welcoming our pachyderms? And how is India teaching the world about living with wildlife?

Housing sales up 49% in Jul-Sep across 8 major cities

Housing sales up 49% in Jul-Sep across 8 major cities

Rediff.com29 Sep 2022

Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

Covid's rate of spread drops, but not in 4 cities

Covid's rate of spread drops, but not in 4 cities

Rediff.com21 Sep 2021

However, the R-values of major cities, Mumbai, Kolkata, Chennai, Bengaluru, are over 1.

Chinese city sounds alert for bubonic plague

Chinese city sounds alert for bubonic plague

Rediff.com5 Jul 2020

Bayannur, Inner Mongolia Autonomous Region, announced a level III warning of plague prevention and control, state-run People's Daily Online reported. The suspected bubonic plague case was reported on Saturday by a hospital in Bayannur.

Centre cancels UGC-NET amid NEET fiasco

Centre cancels UGC-NET amid NEET fiasco

Rediff.com20 Jun 2024

A fresh examination shall be conducted, for which information shall be shared separately, a senior Ministry of Education (MoE) official said.

Why Builders Won't Drop Home Prices

Why Builders Won't Drop Home Prices

Rediff.com12 Jul 2024

'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'

Delhi govt plans artificial rain to curb air pollution

Delhi govt plans artificial rain to curb air pollution

Rediff.com8 Nov 2023

IMD Director General Mrutyunjay Mohapatra said that inducing artificial rain can only be attempted when there are clouds or moisture available.