EXPENSIVE CITY
Hong Kong, Singapore most expensive cities to live in the world; where do Mumbai & Delhi stand?
According to Mercer's cost-of-living data report, Hong Kong, Singapore, and Zurich are the most expensive cities for international workers in 2024, maintaining their positions from last year. The cities with the lowest living costs are Islamabad, Lagos, and Abuja. Mumbai is the highest-ranked Indian city at 136th, with Delhi moving up to 165th. Other Indian cities listed are Chennai (189), Bengaluru (195), Hyderabad (202), Pune (205), and Kolkata (207).
10 most expensive cities for Expats
According to Mercer's 2024 cost-of-living data, half of the top 10 most expensive cities for international assignees are in Western Europe, with Switzerland hosting four of them. Nevertheless, it is cities in Southeast Asia that dominate the rankings, with Hong Kong and Singapore retaining the first and second positions, respectively.
Potential for huge NRI money coming into India via GIFT city: Bhavin Shah
“We have investments in large private sector banks, some regional private sector banks, NBFCs, MFI, microfinance, wealth management, life insurance, so pretty much across the board. We continue to find a large number of stocks that are still reasonably valued. We also are overweight on aviation,” says Bhavin Shah
Save money while traveling by availing these budget services, you will not be disappointed!
Travel often comes across as expensive but that is definitely not the case if you have tricks up your sleeve to cut down your expenses but still avail premium services for yourself and your companions at a pocket-friendly price. Here are a list of budget-friendly ideas to cut down your travel expenses to a minimum.
Why is Singapore the world’s most expensive city?
A report by a Swiss bank has noted that Singapore is the world’s most expensive city. Hong Kong, London, Shanghai and Monaco are some of the other cities in the ranking.
India’s new finance hub in Gujarat eyes real-time dollar settlement by 2025
Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to attract foreign investors by streamlining transactions and reducing delays.
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World’s “Impossibly unaffordable” cities ranking: Five cities in the US
In a report released by a university in California which ranked cities based on their unaffordable real estate, five cities from the US are in the top 10 list. Four of these cities are from the state of California.
Jeff Bezos and Lauren Sanchez vacation in Greece on their expensive yacht. What did they do there?
Jeff Bezos and Lauren Sanchez were spotted exploring Greece. Lauren Sanchez and Jeff Bezos are the owners of two famous yachts.
Mumbai remains India's most expensive city to live in: Survey
Within Asia, Mumbai and Delhi have seen upward movement in rankings. Mumbai has climbed six spots, while Delhi has moved up by two. As a result, Mumbai is now ranked as the 21st most expensive for expats among the cities surveyed in Asia, while Delhi is at the 30th position.
Kota Magic: Why the city continues to attract India's brightest minds
Kota, a city in Rajasthan, has emerged as a magnet for aspiring students across India, particularly those preparing for competitive exams like JEE and NEET. Known for its coaching institutes that offer structured and rigorous training, Kota has become synonymous with academic excellence and success in entrance examinations. Thousands of students flock to this city every year, driven by the promise of realising their dreams of becoming engineers and doctors.
Modi oath-taking: Overseas Friends of BJP to celebrate PM Modi's third swearing-in across 22 US cities
Supporters of Indian Prime Minister Narendra Modi are organizing celebrations in 22 US cities to mark his third swearing-in. Overseas Friends of BJP-USA is coordinating events in cities like New York, Washington DC, and Los Angeles. The group plans to strengthen India-US relations and advocate for voting rights for overseas Indians.
Is the world running out of water supplies? These cities have acute drinking water crises.
The water crisis is being caused due to outdated supply infrastructure and mismanagement. Solutions are needed that leverage technology.
What rental yield is and how it is calculated
If you are confused by personal finance terms, jargon or calculations, here’s a new series to simplify and deconstruct these for you. In the first part, ET Wealth explains what rental yield is and how it is calculated.
Living on a cruiser cheaper than in London? US couple sell everything to live on cruise ship forever
In a rather surprising incident, a couple who previously lived in the US have now sold everything off and bought tickets to a residential cruise and will bask under the sea sun for the next few years.
Here’s how this Gujarati chartered accountant bagged free stay for his kids & cut transport expenses in Dubai
Shah disclosed his accommodation at a hotel charging Rs 12,000 per day. The entrepreneur emphasized his preference for hotels where additional charges for his children were not incurred. "It's always a challenge with growing kids, but fortunately, I consistently find deals where the 'Free Kids' allowance aligns with my children's ages. Moreover, these hotels offer access to Kids Clubs with babysitting services and various activities for children," he wrote.
Sun Pharma shares tumble 5% but brokerages raise target up to Rs 1,785. Should you buy, sell or hold?
In Thursday's trading session on the BSE, shares of Sun Pharmaceutical Industries declined by 5%, reaching the day's low of Rs 1,467. This drop occurred despite the company reporting a 34% year-on-year (YoY) increase in its Q4 profit to Rs 2,654.6 crore, with revenue rising by 10.1% YoY to Rs. 11,813 crore in Q4FY24.
Delhi's power demand peaks at 6,780 MW; may reach 8,000 MW this summer: Discoms
With the day temperature spiralling up with each passing day, Delhi's power demand shot to 6,780 MW on Thursday -- the highest this summer so far, discom officials said. Realtime data from State Load Dispatch Centre (SLDC) showed that the peak power demand of the city was 6,780 MW at 3.26 PM on Thursday.
'Dubai is not so hot or expensive':Indian man debunks myths about UAE city known for luxurious lifestyle
Rohit Manchanda debunks misconceptions about Dubai, highlighting its climate, alcohol regulations, and gender equality. The diverse expat community in Dubai includes professionals in various sectors, allowing for a modest lifestyle. With a large Indian population, Dubai is a favored relocation destination, surpassing the United States, Saudi Arabia, and Nepal.
Blinkit turns adjusted Ebitda positive in March; eyes 1,000 dark stores by FY25 end
Blinkit, a quick-commerce platform owned by Zomato, is on the path to profitability. The company achieved positive adjusted Ebitda for the first time in March.
Xurbian India, bridging the gaps
According to projections for rural and urban productivity, by 2030, urban India will account for 70% of GDP. India targets to become a developed nation with a $26 tn economy by 2047. Rural productivity must grow from 50% of urban productivity today to at least 75%. Also, quality of life across urban and rural India must also transform.
Akshaya Tritiya 2024: Why gold rates vary across cities?
On Akshaya Tritiya, Hindus globally celebrate by purchasing gold, symbolizing prosperity and new beginnings. However, understanding the fluctuating gold prices across Indian cities is crucial. Factors such as local demand, transportation costs, taxes, market competition, and global trends influence these variations. Despite the timeless allure of gold, its pricing reflects the intricate dynamics of each urban center, shaping the experience for buyers.
New York, Tokyo New Delhi, Boston! Which are cities with largest population and biggest area wise?
Tokyo is the most populated city in the world and New York, the largest, as per a new report.
Ajit Isaac buys the most expensive property on Bangalore's Billionaire Lane for ₹67.5 crore
The southern suburb of Koramangala has emerged as a thriving hub for entrepreneurship in the bustling city of Bangalore. With its prime location and strategic proximity to the city's business centers, Koramangala has become a sought-after neighborhood for startups and self-made billionaires alike.
How to claim LTA: Eligibility, LTA rules, documents you need to submit, how much amount you can claim and more
Leave Travel Allowance or LTA, a component in your salary, helps offset travel expenses incurred during your vacation. The benefit extends to family – covering travel costs for your spouse and dependent children, and family members. To claim LTA, you need to submit documented proof of travel costs to your employer within the stipulated deadlines. Who can claim LTA? What are the documents that you need to submit? What are the conditions you need to keep in mind while claiming LTA? All questions answered.
Samosa & chai for Rs 10, thali for Rs 100: EC sets rate chart for Lok Sabha campaign
Political parties campaigning for the Lok Sabha election must adhere to fixed rates for food and expenses set by the district election department. Costs include samosas and tea for Rs 10 each, coffee and cold drinks for Rs 15 each, vegetarian thali for Rs 100, and non-vegetarian thali for Rs 180. These expenses, along with fees for equipment rental and advertising, contribute to the overall spending limit of Rs 95 lakh per constituency. The Election Commission is actively monitoring campaign spending to prevent violations.
No more out-of-pocket expenses: The impact of 'Cashless Everywhere' on health insurance
The 'Cashless Everywhere' initiative by the General Insurance Council and insurers like Bajaj Allianz aims to provide hassle-free access to quality healthcare at any hospital, reducing financial burdens and ensuring prompt medical assistance for policyholders.
Not New York, Geneva or Hong Kong. These are the world's most expensive cities to live in right now
Zurich jumped from sixth place last year to joint first, thanks in part to the strong Swiss franc, as well as expensive groceries, household goods and recreation.
Expensive city in US: California has 8 cities in top ten. Details here
The US has a number of high-profile cities and San Diego has been named the costliest city in the country.
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