News for 'Citi Research'

Justice For Shami!

Justice For Shami!

Rediff.com23 Feb 2023

I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.

In largest-ever US city bankruptcy, cuts coming for Detroit creditors

In largest-ever US city bankruptcy, cuts coming for Detroit creditors

Rediff.com4 Dec 2013

The ruling by US Judge Steven Rhodes, who cited the city's dismal finances and $18 billion owed to a multitude of creditors in support of his decision, marks a watershed in the history of Detroit.

Indian student who was shot at in Kyiv reaches Delhi on IAF flight

Indian student who was shot at in Kyiv reaches Delhi on IAF flight

Rediff.com7 Mar 2022

Minister of State for Civil Aviation V K Singh and around 200 Indians, mainly students, also returned to India on the flight that landed at 6.15 pm, they said.

Volatility is the new normal for Indian equities

Volatility is the new normal for Indian equities

Rediff.com27 Jun 2016

The derivatives expiry on Thursday is also expected to add to the volatility.

Telangana allocates 11,000 acre land for mega pharma city

Telangana allocates 11,000 acre land for mega pharma city

Rediff.com4 Dec 2014

Telangana chief minister K Chandrasekhar Rao on Wednesday announced the establishment of a massive industrial park dedicated to pharmaceutical manufacturing activities.

Tokyo Olympics: Yen for Losing Money

Tokyo Olympics: Yen for Losing Money

Rediff.com28 Jul 2021

Atanu Biswas explains the economics behind hosting a Games in pandemic times.

HC fines petitioners Rs 1 lakh for PIL against Shinde, dismisses suit against Thackerays

HC fines petitioners Rs 1 lakh for PIL against Shinde, dismisses suit against Thackerays

Rediff.com30 Jun 2022

The Bombay high court on Thursday termed as "politically induced litigation" a PIL filed by seven citizens seeking action against dissident Shiv Sena leader Eknath Shinde and other rebel MLAs of the party, and said it would hear the plea if the petitioners deposit Rs 1 lakh as security.

Southwest monsoon to hit Andaman on May 15, early onset over Kerala likely

Southwest monsoon to hit Andaman on May 15, early onset over Kerala likely

Rediff.com12 May 2022

The Southwest Monsoon is set to arrive early with the Andaman and Nicobar Islands expected to receive first seasonal showers on May 15, the weather office said on Thursday.

How tech helps Mumbai fight Covid second wave

How tech helps Mumbai fight Covid second wave

Rediff.com9 Jun 2021

One of the biggest lessons for cities fighting the Covid-19 pandemic has been the criticality of access to data. Mumbai, which has shown significant success in managing the second wave of the pandemic, is a case in point, reports Shivani Shinde.

Air pollution reducing life expectancy in India by 5 years

Air pollution reducing life expectancy in India by 5 years

Rediff.com14 Jun 2022

The residents of Delhi stand to lose 10 years of life expectancy if the current air pollution level persists.

The looming winter of discontent that awaits India

The looming winter of discontent that awaits India

Rediff.com3 Oct 2022

The dreary, cold months from December to February may prove to be the undoing of many a nation as they grapple with sky-high fuel prices - a result of the Ukraine conflict and the pandemic. Many - Europe, South Korea, Japan, and China - will still pull through on the strength of their wealth or because of strong storage infrastructure. But India will have its back to the wall. Signs of liquefied natural gas (LNG) rates hitting new records this winter are already evident.

Small, frequent spikes in fuel prices to dent consumption, challenge growth

Small, frequent spikes in fuel prices to dent consumption, challenge growth

Rediff.com4 Apr 2022

The recurrent increases in fuel prices over the past 10 days are eating into the margins of transporters, who will be forced to pass on the hikes to their customers. This, in turn, is set to make the prices of daily consumables and other goods dearer, affect consumption, and slow economic growth, said transporters and analysts. Freight rates on grand trunk routes have shot up 3-4 per cent month-on-month in the past few days, according to the Indian Foundation of Transport Research & Training (IFTRT).

'Mumbai air is more toxic than Delhi's'

'Mumbai air is more toxic than Delhi's'

Rediff.com4 Jan 2023

'When you are travelling in Mumbai when the air quality is bad, you feel suffocated.' 'You may feel uncomfortable breathing Delhi air, but the level of discomfort is higher in Mumbai.'

Noida twin towers demolished, Supertech brought down to earth

Noida twin towers demolished, Supertech brought down to earth

Rediff.com28 Aug 2022

The Supertech twin towers in Noida were demolished on Sunday, a year after the Supreme Court's direction to raze the illegally built structures to the ground. The nearly 100-metre-high structures - taller than Delhi's iconic Qutub Minar (73 metres) - were brought to the ground in seconds literally like a house of cards by the 'waterfall implosion' technique, in a breathtaking spectacle of modern day engineering. They were the tallest structures to be demolished in India.

Living in these states? You're more likely to get Covid

Living in these states? You're more likely to get Covid

Rediff.com2 Jul 2021

People living in the national capital and in states such as Maharashtra, Uttar Pradesh, Madhya Pradesh and Tamil Nadu are more likely to contract COVID-19 due to prolonged exposure to high concentration of PM 2.5, according to a new pan-India study.

India's Covid reproduction number (R) goes over 1 after 3 months

India's Covid reproduction number (R) goes over 1 after 3 months

Rediff.com20 Apr 2022

India's effective reproduction number (R) for Covid, an indicator of how quickly the infection is spreading, has increased to over 1 for the first time since January, estimates a researcher from Chennai's Institute of Mathematical Sciences.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

India reports over 3,000 Covid cases after 46 days

India reports over 3,000 Covid cases after 46 days

Rediff.com28 Apr 2022

The death toll due to COVID-19 climbed to 5,23,693 with 39 more fatalities, the data updated at 8 am stated.

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

Rediff.com29 Dec 2022

At the 45th Annual General Meeting of Reliance Industries (RIL) in August, chairman and managing director (CMD) Mukesh Ambani described the company as an "unputdownable book" with never-ending chapters of success. "Reliance grew from strength to strength because we internalised the founder's mindset of purpose, philosophy and passion," he said. Wednesday marked the 90th birth anniversary of RIL founder Dhirubhai Ambani.

COVID Deaths: Why India, WHO Are At Loggerheads

COVID Deaths: Why India, WHO Are At Loggerheads

Rediff.com26 Apr 2022

'If deaths had been properly reported, it would have helped contain the pandemic.'

Low R-value since Sept shows slowing Covid spread in India, says study

Low R-value since Sept shows slowing Covid spread in India, says study

Rediff.com19 Oct 2021

India's reproduction value, which reflects how rapidly the coronavirus pandemic is spreading, has remained below 1 since September, suggesting that the infection rate is declining, according to a study.

Heavy security across country for 76th Independence Day

Heavy security across country for 76th Independence Day

Rediff.com14 Aug 2022

India has not only been decked in tricolour hues in the lead up to the 76th Independence Day celebrations, but also put under a heavy security blanket, right from Delhi, the epicentre of the mega celebrations, to Jammu and Kashmir.

Kia to stay away from sedans and hatchbacks

Kia to stay away from sedans and hatchbacks

Rediff.com24 Dec 2021

South Korean automaker Kia Motors says it will look to be a premium only brand and stay away from the entry level segment like sedans and hatchbacks. Hardeep Singh Brar, the company's India Vice-President and Head (Sales and Marketing), said that customers have accepted Kia as a premium brand. In the mass market Kia is considered to be the most premium brand. "Customers like the features and they are willing to pay for them. So, we have consciously decided that if customers like us a premium brand, let's stick to that. It is a conscious decision to stay premium and operate in that segment of the mass market," Brar said.

Unicorns feel funding winter chill; see fall in numbers

Unicorns feel funding winter chill; see fall in numbers

Rediff.com10 Oct 2022

The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.

'$33 billion was taken out of India -- the highest-ever'

'$33 billion was taken out of India -- the highest-ever'

Rediff.com6 Dec 2022

'Yet the market didn't do all that badly because it was cushioned by domestic inflows.'

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Rediff.com25 Jan 2023

'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'

India's 3rd Covid wave likely to peak on Jan 23: IIT prof

India's 3rd Covid wave likely to peak on Jan 23: IIT prof

Rediff.com19 Jan 2022

Delhi, Mumbai and Kolkata have already reached their peak in case numbers in the past seven days, said Manindra Agrawal, a professor at IIT Kanpur and one of the researchers associated with the Sutra Covid model.

At $9.3bn, India's tech investments grew 95% in 2019

At $9.3bn, India's tech investments grew 95% in 2019

Rediff.com17 Jan 2020

The data collated by Dealroom.co and revealed in London this week shows that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said.

Ban on single-use plastic kicks in from July 1

Ban on single-use plastic kicks in from July 1

Rediff.com30 Jun 2022

Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, they said. For effective enforcement of the ban, national and state-level control rooms have been set up and special enforcement teams formed to check illegal manufacture, import, stocking, distribution, sale and use of banned SUP items, officials in the ministry said.

Where Are The New Investors Coming From?

Where Are The New Investors Coming From?

Rediff.com2 Apr 2022

'With the ease of access, we have seen an increased participation from tier-2, tier-3, and tier-4 cities/towns.'

CNG and piped cooking gas prices hiked in Delhi

CNG and piped cooking gas prices hiked in Delhi

Rediff.com24 Mar 2022

After hike in rates of petrol, diesel and LPG, the prices of CNG and cooking gas piped to household kitchens (PNG) in the national capital were hiked on Thursday by Re 1. CNG price in NCT of Delhi has been increased to Rs 59.01 per kg from Rs 58.01, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. This is the third increase in CNG rates this month, which follows a spike in input (natural gas) prices across the globe.

Report indicates Wuhan scientists got sick with Covid before outbreak

Report indicates Wuhan scientists got sick with Covid before outbreak

Rediff.com24 May 2021

Three researchers from the Wuhan Institute of Virology sought hospital care in November 2019, weeks before Beijing disclosed the COVID-19 pandemic, a United States media report said, citing a previously undisclosed American intelligence document that could add weight to growing calls for a full scale probe of whether the coronavirus may have escaped from China's top bio lab.

It's Raining Billions For Gujarat!

It's Raining Billions For Gujarat!

Rediff.com3 Nov 2022

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

Hotter weather affects survival of coronavirus on surfaces

Hotter weather affects survival of coronavirus on surfaces

Rediff.com11 Jun 2020

The researchers said the growth rate of COVID-19 is weakly linked to the outdoor weather, adding that the chances of the survival of the virus "increases roughly by five times under a humid condition as compared to a dry condition."

New York City Immigrant Affairs chief: I was in tears

New York City Immigrant Affairs chief: I was in tears

Rediff.com13 Feb 2017

Nisha Agarwal, commissioner of the New York Mayor's Office of Immigrant Affairs, recalls, with both anguish and elation, the events of the last fortnight after the US President's order banning entry for people from seven countries was put in place.

Mediclaim: What You Must Know

Mediclaim: What You Must Know

Rediff.com23 May 2022

Sanjib Jha, CEO, Coverfox Insurance Broking, lists 5 important things to look out for when buying a health insurance policy.

CreditSights dials down language on Adani's leverage

CreditSights dials down language on Adani's leverage

Rediff.com9 Sep 2022

CreditSights has dialed back on its language on debt levels at richest Indian Gautam Adani's group but has maintained that the group's leverage is elevated. In a new note published after discussions with the group's management, CreditSights, a Fitch group firm, said it "has discovered calculation errors" in its recent debt report on two Adani Group companies but these did not change its investment recommendations. On August 23, CreditSights stated that the Adani group was "deeply over-leveraged" and may "in the worst-case scenario" spiral into a debt trap and possibly a default.

Why restaurants are dumping Swiggy, Zomato for others

Why restaurants are dumping Swiggy, Zomato for others

Rediff.com8 Sep 2022

"It went up to 20-odd per cent in 2019 and to 25 per cent a year later. "That's when we decided to pull the plug; it was not sustainable for our business," says Chadha. Madison & Pike, instead, turned to Mumbai-based start-up Thrive, which provides third-party delivery services to restaurants at a much lower commission - three to five per cent.

Tata Motors launches Nexon EV MAX at Rs 17.74 lakh

Tata Motors launches Nexon EV MAX at Rs 17.74 lakh

Rediff.com11 May 2022

Tata Motors on Wednesday expanded its electric vehicle range in the country with the launch of Nexon EV MAX, priced between Rs 17.74-19.24 lakh (ex-showroom). Equipped with a 40.5 kWh lithium-ion battery pack, the Nexon EV Max offers 33 per cent higher battery capacity than the Nexon EV, delivering ARAI certified range of 437 km (under standard testing conditions), ensuring uninterrupted inter-city travel. ARAI refers to Automotive Research Association of India. The model produces 105 kW (143 PS) of power and delivers a torque of 250 Nm, resulting in 0 to 100 sprint times in under 9 seconds.

Planning To Invest in Property? Read This

Planning To Invest in Property? Read This

Rediff.com4 Oct 2021

Unless you are very knowledgeable, seek expert advice before making such a high-ticket investment, cautions Sarbajeet K Sen.