IT CITY
Gaza War Day 274: IDF soldiers find long-range rockets, demolish tunnels in Shejaiya
IDF’s 7th Armored Brigade troops located long-range rockets during recent operations in Gaza City’s Shejaiya. The IDF said the finding “indicates renewed attempts by the enemy to establish itself in the area.” The army said the soldiers also located and demolished t...
Six-storey residential building collapses in Surat city; rescue operations on
A six-storey residential building collapsed in Pal area of Surat city, trapping at least four to five people under the rubble. A woman has been rescued alive. Search and rescue operation are ongoing with NDRF and SDRF assistance. Officials including Surat district collector Sourabh Pardhi and Police Commissioner Anupam Singh Gehlot confirmed the incident.
Live mannequin display of woman at Dubai mall sparks debate over ethical marketing: Viral Video
A Dubai clothing store, Manto Bride, sparked controversy by employing a live model, Angelina, to pose as a mannequin at its storefront in Dubai Festival City Mall. The stunt, which Angelina shared on Instagram and TikTok, quickly went viral, amassing hundreds of thousands of views and generating mixed reactions online. Critics labeled the display as "inhuman" and "modern-day slavery," while others praised it as innovative marketing.
India will fail to plug jobs gap even with 7% growth, says Citi
The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.
Loosen the chokehold on our city roads
Delhi's vehicle population has risen by about 30% a year, while public parking sites remain relatively stagnant at 420. Progressive parking charges can help - higher rates for locations with high traffic inflow and parking demand, differential parking rates reflecting peak and off-peak hours, and efficient and smart parking solutions to optimise existing spaces.
Housing sale in tier 2 cities increases by 11% Y-o-Y
As per the data, the sales of housing units in India’s 30 major tier II cities stood at 2,07,896 units in 2023-24 as against 1,86,951 units in the preceding financial year.
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Robot servant in South Korea found smashed in stairwell; becomes first to commit suicide in SE Asian country
A Bear Robotics civil servant robot in Gumi City Council, South Korea was found unresponsive after a fall between floors. Employed since August 2023, it handled tasks, called elevators, and had a civil service card. Called the first robot suicide, media discussions in robot-dense South Korea follow. No second robot officer will be appointed.
Housing sales in top 30 Tier II cities up 11% in FY24 to nearly 2.08 lakh units: PropEquity
Housing demand in India has increased by 11% last fiscal, reaching nearly 2.08 lakh units across 30 Tier II towns, according to PropEquity's report. The top 10 Tier II cities contributed 80% to the total sales in these small towns, with sales of 1,68,998 units in 2023-24. The other 20 Tier II cities include Bhopal, Lucknow, Goa, Coimbatore, Raipur, Vijayawada, Indore, Kochi, Trivandrum, Mangalore, Guntur, Bhiwadi, Dehradun, Ludhiana, Chandigarh, Agra, Mysore, Sonepat, Panipat and Amritsar.
Telangana in talks with CDAC to set up 20 petaflops compute capacity in Hyderabad
Telangana has requested the IT ministry to establish compute capacity in the proposed AI city in Hyderabad under the National Supercomuting Mission, saying that the Centre for Development of Advanced Computing (CDAC) has shown interest for the same. If the government agrees, some land will be given to them to set this up, Telangana IT secretary Jayesh Ranjan told ET.
US Independence Day 2024: Best cities for celebrating 4th of July. Here is list of 10 cities. Know in detail
WalletHub has published the list of best cities for celebrating the 4th of July. The cities were judged based on the number of affordable restaurants, average beer and wine prices, accessibility to fireworks and lowest share of fatal crashes. Know which city has topped the list.
HUA ministry extends deadline for Smart Cities Mission till March 2025
The Union housing and urban affairs ministry has announced an extension of the Smart Cities Mission deadline until March 2025, allowing completion of ongoing projects. This comes after requests from states facing delays. As of July 3, 2024, 100 cities have completed 90% of projects worth Rs 1,44,237 crore, with remaining projects in advanced stages. The allocated budget of Rs 48,000 crore has seen 97 per cent released by the Union government, with 93 per cent funds utilised.
Mid-sized cities to emerge as big demand centre for EVs: Report
Lucknow, Thiruvananthapuram, and Gurugram shine in electric car sales growth. Tier 2 cities emerge as pivotal for electric two-wheeler market. Financial support crucial for tier 3 cities' EV growth. Bengaluru and Jaipur lead in EV adoption. Wealthier cities drive electric vehicle growth, while private uptake fuels tier 2 cities' demand.
Puravankara acquires a 7-acre land parcel in Hebbagodi, Bengaluru, with potential GDV of Rs. 900 Crore
Real estate developer Puravankara has acquired a 7.26-acre land parcel in Hebbagodi, Bengaluru, for a luxury project, adding a potential GDV of over Rs 900 crore. With recent acquisitions in Mumbai, the group's total GDV is now Rs 1,550 crore. Strategically located near Electronics City, Hebbagodi is ideal for residential developments, catering to IT professionals. Puravankara plans to acquire 20 million sq ft of land by year-end for growth in Mumbai, Bangalore, and Delhi-NCR.
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.
Will build film city in Mysuru, says Karnataka CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah announced plans to build a film city in Mysuru, offering 100 acres of land for the project and emphasising a public-private partnership approach. He also pledged steps towards establishing a Kannada OTT platform, fulfilling a long-held dream of Kannada film legend Dr. Rajkumar. Siddaramaiah criticised the previous BJP government for inaction on the film city initiative and vowed to address the OTT platform issue.
UP govt says Noida Film City project to create 50,000 jobs, benefit 5-7 lakh people indirectly
YEIDA chief executive officer Arun Vir Singh said the constitution of a film city alongside the upcoming airport in Jewar was Adityanath' vision, which is now set to become a reality. "Construction of the Film City is scheduled to begin within the next four to six months, with film-related activities expected to commence within three years," Singh said.
Few cities have effective heat action plans: Report
Cities lack heatwave preparedness, with limited resources allocated to mitigate extreme heat impact. Recommendations include redefining heat waves based on 'feels like' temperature and setting new warm night thresholds. Implementing local thresholds for early warning systems, considering factors like the urban heat island effect, is crucial to combat escalating heatwave challenges and prevent heat-related deaths.
Yamuna authority signs concession agreement for Film City project near Jewar airport in Noida
The Film City project in Noida, developed through strategic partnerships and industry collaborations, aims to create a vibrant hub for entertainment and business. With designated zones for various activities, including an amusement park and commercial use, the project signifies a significant step towards enhancing the region's media infrastructure and economic growth.
In 2020, only 4% could not access an urban centre in India, reveals study
In 2020, only four per cent of India's population lacked access to an urban centre, according to a study published in the journal Nature Cities. The research, led by the Food and Agriculture Organization (FAO) of the United Nations, Italy, examined over 30,000 urban centres globally. The study highlighted that three per cent of India's population could only reach towns within an hour of travel.
Consumer spending peaks in non-metro Indian cities: Visa
Visa, a global digital payments provider, revealed on Thursday that non-metro cities in India such as Dharamshala, Mullanpur, and Vishakapatnam are emerging as the biggest daily spenders. This insight comes from Visa Consulting and Analytics' consumer spending trends for the 2024 summer cricket season. Notably, there has been an overall increase in online transactions across all segments, with food and grocery delivery apps showing a 23% surge in usage.
Vienna tops the list of 10 best cities to live in the world, Pakistan’s Karachi features in the bottom 10
The Economist Intelligence Unit (EIU) annually releases its Global Liveability Index, ranking cities based on stability, healthcare, culture and environment, education, and infrastructure. In the 2024 report, Vienna, Austria, remains the top city for the third consecutive year, praised for its cultural vibrancy and exceptional public services. However, cities like Karachi, Pakistan, and Dhaka, Bangladesh, are among the least livable, ranking in the bottom ten.
World's top 10 most liveable cities & what makes them special
The assessment evaluates 173 cities worldwide using 30 indicators across five categories: stability, healthcare, culture and environment, education, and infrastructure, aiming to gauge their overall livability. This year's report highlights a positive trend, largely due to notable advancements in healthcare and education in developing countries. However, these improvements are somewhat tempered by decreasing scores observed in several leading cities.
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.
Budget 2024 HRA Exemption: Will Bengaluru, Hyderabad, other non-metro cities be included in 50% HRA tax exemption list?
Budget 2024 HRA Exemption: Many employers offer an HRA as part of their employees' compensation. If an employee receiving HRA is paying rent for their accommodation, they can claim a tax exemption on the HRA. Currently, a rented house in Delhi, Mumbai, Kolkata, and Chennai qualifies for a 50% exemption from HRA, while those located in other places come under the 40% bracket.
Celebrations erupt in Afghan cities after World Cup heroics
The Afghanistan Cricket Team's journey to the World Cup semi-finals brought immense joy to the nation, uniting fans in celebration and hope for future success against South Africa.
Stock Radar: 20% rally in 3 months! City Union Bank hits fresh 52-week high in June; time to buy or book profits?
City Union Bank (CUB) has surged over 20% in 3 months, supported by technical indicators like RSI and MACD. Analyst Shilpa Rout sees a short-covering rally potential above 170 levels with 150 as a key support.
Kozhikode is India's first UNESCO 'City of Literature': What does it mean? Why Kozhikode?
Kozhikode in north Kerala, known for its rich cultural heritage, was on Sunday officially declared as India's first UNESCO 'City of Literature'. In October 2023, Kozhikode had earned a place in the 'Literature' category of the UNESCO Creative Cities Network (UCCN).
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.
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