Citi Financial News

Delhi Police have initiated an investigation following an incident involving the bursting of firecrackers outside Chief Minister Arvind Kejriwal's residence in Civil Lines on Friday. The FIR has been lodged against unidentified individuals under Section 223 of the Bharatiya Nyaya Sanhita. The incident comes in the wake of a recent directive issued by the Delhi government on September 9, 2024, which imposed a ban on the production, sale, and use of firecrackers across the city. This measure was introduced as part of the government's efforts to combat rising air pollution levels anticipated during the upcoming winter season.

HR and payroll company ADP ranked cities across the country. The rankings were based on three things that make a strong labor market: annual pay growth, new hire wages, and the hiring rate.

Springfield, Ohio, has been dealing with bomb threats for two straight days after the city was catapulted into the international spotlight on Tuesday when former president Donald Trump pushed a narrative, without evidence, about Haitian immigrants during the presidential debate with Vice-President Kamala Harris.

Mirwaiz Umar Farooq on Friday accused the Jammu and Kashmir police of violating the Election Commission of India guidelines by summoning, harassing and making youngsters sign surety bonds ahead of the assembly election. He said «tens of dozens of people» from across towns, villages and Srinagar city are being asked to report to the police stations.

snowstorm in Italy’s Dolomite mountains and her companion was being treated for severe hypothermia, Italy’s Alpine Rescue Corps said Friday.The two climbers, exhausted and suffering hypothermia, called for help Thursday evening after being hit by the snowstorm about two kilometers (more than a mile) from a mountain refuge. The hikers were not identified by name or hometown.Rescuers reached them, but bad weather scuttled two attempts to evacuate the woman, whose condition was worsening, by helicopter.

Osaka is one of Japan’s biggest and oldest cities, known more as a bustling business hub than a tourist destination

Amazon is giving a pay boost to its subcontracted delivery drivers amid growing union pressure

Subscribe to enjoy similar stories. Back in 2005, Priya Singh, then a 22-year-old social worker, stumbled upon her entrepreneurial journey when her husband, Mohit Dubey, decided to leave his job just two months into their marriage. While Dubey pursued his startup dreams, Singh financed their life by taking up a well-paying job in the government, supporting not just Dubey, but his two co-founders too—transforming their 2-bedroom apartment in Mumbai into a startup hub in 2005.

Department of Pension and Pensioners' Welfare (DoPPW) DLC campaign 3.0, which will run from November 1 to 30, 2024, across all district headquarters and major cities in India. On September 12, 2024, a preparatory meeting was conducted to plan the DLC campaign 3.0 for district post offices. The meeting was chaired by V Srinivas, Secretary of DoPPW, and included Sanjay Sharan, Director General of Postal Services, Rajul Bhatt, Deputy Director General of Posts, and R Viswesvaran, MD & CEO of India Post Payments Bank (IPPB), among other officials. It was agreed that district post offices will coordinate with pensioner welfare associations, pension disbursing banks and the Unique Identification Authority of India (UIDAI), among others, to conduct the DLC campaign 3.0 at district post offices, the statement issued by the Personnel Ministry said.

Bharti Hexacom surged 13% on the NSE on Friday to hit a fresh 52-week high of Rs 1,453.95 after US brokerage Jefferies upgraded the stock's rating to 'Buy' from an earlier 'Hold' view while raising its price target to Rs 1,600 from Rs 1,260. Meanwhile, Citi also initiated a buy on the counter with a price target of Rs 1,405. Jefferies in a note dubbed the Bharti Airtel promoted company as the 'best play' on tariff hikes.

Sovereign Green Bonds (SGrB) through the International Financial Services Centre (IFSC) was announced by the Reserve Bank of India (RBI) on August 29, 2024. IFSC is located in GIFTY city in Gandhinagar, Gujarat. Non-resident Indians (NRIs) wishing to invest in long-term Indian government bonds can now do so through the IFSC route in SGrB. Read below to find out if SGrBs are worth investing in for NRIs and what their advantages and disadvantages are, including the tax implications.

commercial real estate transactions across eight major cities in the country in the first half of the year. Deals for office spaces above 100,000 sq ft recorded a 54% on-year growth in the first half of calendar year 2024 to 15.69 million sq ft. These deals contributed 45% of the overall commercial transactions, showed data from Knight Frank India. Bengaluru’s commercial market continued to witness leasing domination in this segment as this contributed 53% to the city’s total office transaction volumes, amounting to 4.5 million sq ft, up 32% from a year ago.

Starting this month, the level of discounts has risen to 12-14% of the average selling price (ASP) of a vehicle from 10-12% in August. For some models, total discounts offered are well over ₹3 lakh which include cash discounts and corporate benefits. In just one month, utility vehicle maker Mahindra & Mahindra has increased the discount on its Scorpio Classic SUV model to ₹100,000 from ₹20,271 in August. The absolute benefit may vary in each city depending on the stock and demand scenario, according to dealers. M&M has also made buying the three-door Thar SUV model more attractive by sharply boosting the consumer benefit to ₹150,000 this month from ₹20,000.

Sylvester Stallone as Dwight Manfredi, is back for a second season. Season 1 set up the characters and storyline, while Season 2 brings new conflicts and unexpected twists.

Brilliant Detroit, the early childhood education nonprofit that supports children in underserved communities “from belly to 8,” plans to expand its unique neighborhood-based holistic model beyond The Motor City

Key Advisors Wealth Management co-founder and CEO Eddie Ghabour looks ahead to the Federal Reserve’s highly anticipated rate decision on ‘Varney & Co.’

Ajit Doval on Thursday briefed Russian President Vladmir Putin on Prime Minister Narendra Modi's talks with Ukrainian President Volodymyr Zelenskyy in Kyiv amid renewed efforts to find a peaceful solution to the Ukraine conflict. Doval met Putin at the Konstantinovsky Palace in St Petersburg on the margins of a conclave of the (Brazil-Russia-India-China-South Africa) grouping. «As the prime minister told you during a telephone talk that he was keen to brief you about his visit to Ukraine and his meeting with President Zelenskyy. He (PM Modi) wanted me to come and personally brief you about the talks,» Doval told the Russian President. The NSA said the Modi-Zelenskyy talks were in a very «close format».

Piles of mine waste that loom above the historic Colorado mountain town of Leadville are a reminder of the city’s boom days

India and China on Thursday agreed to work with «urgency» and «redouble» their efforts to realise complete disengagement in remaining friction points in eastern Ladakh as NSA Ajit Doval held talks with Chinese Foreign Minister Wang Yi in St Petersburg with a focus on an early resolution of the lingering border standoff. Doval conveyed to Wang that peace and tranquillity in border areas and respect for the Line of Actual Control (LAC) are essential for normalcy in bilateral ties, according to the Ministry of External Affairs (MEA). The Doval-Wang meeting took place in the Russian city on the sidelines of a conclave of national security advisors of the BRICS (Brazil-Russia-India-China-South Africa) nations. «The meeting gave the two sides an opportunity to review the recent efforts towards finding an early resolution of the remaining issues along the Line of Actual Control, which will create conditions to stabilise and rebuild bilateral relations,» the MEA said.

Smriti Irani in BJP activities in Delhi has created a buzz within the party's city unit over her possible «role» in local politics ahead of next year's assembly elections. Born and raised in Delhi, the former Union minister has been actively involved in programmes related to the party's membership drive in the city that was launched on September 2. She has been assigned «supervision» of the membership drive in seven out of the Delhi BJP's 14 district units, party leaders said. Party insiders also claimed Irani had purchased a house in south Delhi, hinting at her further involvement in the city unit's activities.