Citi Financial News

Subscribe to enjoy similar stories. As many as 29 Tata Group stocks are listed on the stock exchange, of which five are already in the Nifty 50. From 30 September, another multibagger Tata Group stock will enter the benchmark index.

Citi in 5-7 years as the US bank looks to expand its services business — which its CEO Jane Fraser calls its «crown jewel» — and more domestic firms turn global, a top executive said. «It's highly likely that India will break out into the top three based on what we are seeing,» Shahmir Khaliq, Citi's head of services, told ET in an exclusive interaction. «We are investing across the network and as the government makes India a great place to invest in, we are seeing the incremental inflow (and) we are seeing Indian companies looking to invest abroad.» At present, India is the fourth largest market for Citi's services business. «It would not be beyond the realm of the possible for us to expect to see India in the top three over the next five to seven years,» Khaliq said.

Travis Kelce, who is one of the key players for the Kansas City Chiefs, is going through a rough phase as his performance is not as expected in the initial weeks of NFL season. His score includes only eight receptions and no touchdowns in last three games. Critics have pointed out his high-profile lifestyle during offseason, where they have brought the matter of his rumored relationship with Taylor Swift. They predict this relationship is badly impacting his sports career, however, his teammates strongly defended him by dispelling these notions, reported Cosmopolitan. Also Read :9-1-1 Season 8: Are new episodes airing tonight? Here’s what to expect | Spoilers

Michelin stars, reactivity, and restaurant exits in New York City', Daniel B Sands of University College London gives us something to chew on. Studying the openings and closings of NYC's elite restaurants, Sands found that 'receiving a Michelin star corresponded to an increased likelihood of restaurant exit' — more than 40% of these haute cuisineholes awarded an M-star in 2005-14 shut shop by end-2019.

Subscribe to enjoy similar stories. WASHINGTON : China’s newest nuclear-powered attack submarine sank in the spring, a major setback for one of the country’s priority weapons programs, U.S. officials said.

Siddaramaiah on Thursday kicked off work on the ambitious (knowledge, wellness & innovation) KWIN City project which is coming up on a vast area of 5800 acres near Dobbespet in Bengaluru Rural district. The project rests on the four pillars of knowledge, health, innovation and research “Our vision for KWIN City is to create a world-class ecosystem that fosters collaboration, innovation, and excellence in diverse fields. By bringing together leading institutions, research centers, and industry partners, we aim to drive cutting-edge research, develop groundbreaking technologies, and create solutions that address global challenges,” Chief Minister Siddaramaiah said, launching the project. Today, Karnataka is home to 45 of India’s unicorns, and over 50% of India’s unicorn valuation. Today, Bangalore is home to 17,000 plus angel investors and 1,500 plus VC funds. This remarkable growth has been fueled by our state's commitment to fostering innovation, nurturing talent, and creating an ecosystem that supports entrepreneurship, he added. “Building on this legacy of innovation, we are proud to introduce KWIN City, a one-of-a-kind project that will integrate knowledge, healthcare, innovation, and research at its core. “

Eric Adams was indicted Thursday on charges that he took illegal campaign contributions and bribes from foreign nationals in exchange for favors that included helping Turkish officials get fire safety approvals for a new diplomatic building in the city. Adams, a former police officer, faces conspiracy, wire fraud and bribery charges in a five-count indictment that describes a decade-long trail of crimes. The U.S. attorney's office in Manhattan alleges in the indictment that Adams «compounded his gains» from the illegal contributions by gaming the city's matching funds program, which provides a generous match for small dollar donations. His campaign received more than $10,000 in matching funds as a result of the false certifications, according to the indictment.

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Subscribe to enjoy similar stories. Mirae Asset Investment Managers entered India at the fag end of 2008, just as the global financial crisis took hold. Between 2008 and 2011, its assets under management (AUM) saw little growth, even as 12 major foreign players, including Standard Chartered, AIG, Fidelity, and Morgan Stanley, exited the market.

Subscribe to enjoy similar stories. China’s over $100 billion push to bolster its stock markets has stirred optimism, but begs the question of whether investors and businesses will take the bait amid lingering doubts about the economy’s underlying weakness.

Modi's visit to Maharashtra's Pune on Thursday has been cancelled due to heavy rainfall in the region. He was to visit the city to inaugurate the much-anticipated underground Metro corridor linking Civil Court to Swargate. He was also lay foundation stone for the extension of the metro line from Swargate to Katraj. Further, Modi lay the foundation stone for a memorial at Bhide Wada, the historic site where Mahatma Jyotiba Phule and Savitribai Phule established India's first school for girls. This initiative reflects the government's commitment to honoring significant milestones in India's educational history.

Tata-owned Trent soared nearly 4% today, reaching a fresh all-time high of Rs 7,913.45 on the BSE, followed by the global brokerage firm Citi initiating coverage with a buy rating and a target price of Rs 9,250 on the stock, along with the stock's upcoming inclusion in the Nifty50 index next week.

Residential sales across the top cities stabilized in July-Sep quarter with sales declining to 11%, according to Anarock data. About 1,07,060 units were sold in Q3 2024 against 1,20,290 units in Q3 2023. However, sales continued to outstrip new supply in Q3 2024, reflecting continued health in the market. “Among the top 7 cities, MMR recorded the highest sales of 36,190 units, followed by Pune with 19,050 units. Cumulatively, the two western cities accounted for 52% of the total sales across the top 7 cities in Q3 2024. All the top cities individually recorded a dip in housing sales,” said Anuj Puri, chairman, Anarock group.

local trains and buses are functioning 'normally' today, officials confirmed. The Central railway CPRO said that trains on the main line are running 3-4 minutes behind schedule because of rescheduled mail express movements and a few cautions but otherwise all local trains are running normally. Further, bus services continue despite Mumbai roads being waterlogged and affected by torrential rains last evening.

A Hong Kong court is set to sentence two former Stand News editors in a landmark sedition case that is widely seen as an indicator of media freedom in a city once known as a beacon of press freedom in Asia

rockets fired by Hezbollah pounded Kiryat Shmona, the northernmost Israeli city near the border with Lebanon. Refrigerators stored at the site were charred and mangled, a small sign of the damage Hezbollah has inflicted on northern Israel since the Lebanese militant group and the Israeli military had escalated their attacks against each other over the past week. «Kiryat Shmona has turned into Hezbollah's playground,» said Guy Hayun, 45, the security coordinator for the city over the past year.

Easing home prices and drops in interest rates helped to reduce the income needed to buy a home in most major cities across Canada last month, a new Ratehub report shows.

Housing demand, based on online searches, reported a 12.3% sequential rise in the September quarter amid an 8.3% increase in residential prices, according to the latest PropIndex Report by Magicbricks. Drawing on preferences from more than 20 million customers on the Magicbricks platform, the report detailed that cities such as Noida with 16.9% sequential rise, Gurugram with 15.5%, and Greater Noida with 15.1% growth saw the highest increases in residential prices in the country during this period. The report also indicated that demand for 3BHK units continues to dominate, comprising half or more of total demand in most cities, except for Chennai, Navi Mumbai, and Thane, where 2BHK units remain the preferred choice.

Starfield Shattered Space DLC is set for release on September 30, 2024. Gamers can expect it to drop at different times based on their location.

Two former top editors of Hong Kong’s defunct online media Stand News will learn their sentences Thursday after a landmark sedition verdict