Citi Financial News

Amid the explosion of legal gambling in the U.S., some things have remained off-limits, including betting on the outcome of U.S. elections

Narendra Modi on the sidelines of the BRICS summit in Kazan next month when NSA Ajit Doval called on him in St Petersburg. The Putin-Doval meeting came nearly three weeks after Modi travelled to Ukranian capital Kyiv and held talks with President Volodymyr Zelenskyy. Doval is in St Petersburg to attend a conclave of national security advisors of the BRICS (Brazil-Russia-India-China-South Africa) nations. The summit of the grouping will be held in the Russian city of Kazan from October 22-24. Modi is set to attend the summit.

According to the U.S. Department of Labor’s latest inflation report for August, the consumer price index (CPI), a key indicator measuring the cost of goods such as gasoline, groceries, and rent, rose by 2.5% over the past year for the US as a whole. This marks a continued slowdown in inflation, but regional disparities remain significant, as per a report by Fox Business.

Indian office market is experiencing a notable shift, with domestic companies projected to lease 60-65 million square feet of office space between 2024-2025, a significant departure from the historical dominance of global corporations, particularly those from the United States, mentioned CBRE. Domestic firms saw a substantial 60% increase in office space absorption in the last two years, compared to the pre-pandemic years of 2018-2019. These firms have accounted for nearly 47% of overall office leasing activity in the last decade, with Delhi-NCR leading the way, followed by Bengaluru and Mumbai. According to the report, cities like Bengaluru and Hyderabad saw increased occupancy by e-commerce and life sciences firms, respectively, reflecting their strong growth trajectories. Further, Mumbai emerged prominently with a 43% share of domestic BFSI leasing, bolstered by substantial contributions from Delhi-NCR and Chennai during 2018 – H1 2024.

₹13,000-18,000 a month, but would prefer a quick commerce, delivery, logistics job over construction work," said Aditya Narayan Mishra, CEO of CIEL HR Services, a recruitment firm. Also read | Workforce crisis hits construction & infra firms like L&T, KEC, HCC Another factor at play is that workers do not have the skill sets that new projects demand, making them look at Israel and the Middle East for jobs.

The Insurance Bureau of Canada says a severe hail storm that battered Calgary last month is the second-costliest event in Canadian history.

Vir Das will host the 2024 International Emmy Awards, organised by the International Academy of Television Arts and Sciences. The actor from 'Call Me Bae' made the announcement on his Instagram handle. This year’s Emmy Awards ceremony will take place on November 25 in New York City. Das will become the first Indian to host the prestigious event. Sharing the news and his excitement on social media, Das wrote, «Thanks to your support, an Indian Emmy Host. I can’t wait to host the @iemmys this year! Crazy. Thank you for having me. Tremendously honored and excited!» Actor Hrithik Roshan commented on his post, «Wow. That’s amazing. Very well done.» Actress Shweta Tripathi reacted, «Whoaaaaaaa, this is absolutely amazing!!! Shall be watching.»

Since 1997, Grand Theft Auto (GTA) has set the gold standard for open-world, crime-action RPGs. From the chaotic streets of Liberty City to the towering skyline of Los Santos, GTA has delivered action-packed, free-roam adventures that define the genre. Now, OMERTA, an upcoming blockchain-powered crime-action RPG, is poised to bring this beloved genre into the world of Web3.

Donald Trump doubled down on claims that immigrants in Ohio are eating people’s pets during his first debate with Vice President Kamala Harris, amplifying a falsehood dismissed by officials in the state. “In Springfield, they are eating the dogs," Trump said, repeating an internet conspiracy involving Haitian immigrants that has been debunked by news organizations this week. “They’re eating the cats," Trump said onstage during the ABC debate in Philadelphia on Tuesday.

Parisian business owners and hotel managers were promised a summer like no other

The U_S_ Treasury has sanctioned a man close to the leadership of Mexico’s hyper-violent Jalisco New Generation cartel and known as “the tank."

For many students across the Middle East, early September brings the buzzing return of children to classrooms. In the war-torn Gaza Strip this year, it marks nearly a full year without education. As a new school year formally begins this week, some educators are trying to find ways to create new teaching centers in the Palestinian enclave—be it in tents, around bombed out buildings or in small open spaces around shelters.

National Real Estate Development Council (NAREDCO) has urged the government to resolve regulatory challenges that hinder real estate development in major cities like Mumbai, Chennai, and Kolkata. In bid to help resolve the issue, the developers’ body has made certain recommendations that were discussed during a recent meeting with a Joint Working Group, which included an Expert Committee led by Fali Major, NAREDCO said in a release. “The height restrictions imposed by aviation regulations have significantly constrained real estate development in urban areas. Our recommendations are designed to unlock the potential of these cities while maintaining safety standards,” said G Hari Babu, National President of NAREDCO.

Hundreds of workers at Kenya’s main international airport are demonstrating against a planned deal between the government and a foreign investor

Officials are investigating why part of a bridge in eastern Germany has collapsed

₹1.5 lakh and ₹1 lakh, respectively. As a broad observation, street vendors in states/UTs where they are in high concentration earn less than those who operate in states/UTs where they show lower density but form a larger share of the workforce. In such a scenario, PM SVANidhi offers crucial support by facilitating financial access, regardless of the market conditions in their regions.

Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index Fund Advisors and author of the book, Investing in U.S. Financial History: Understanding the Past to Forecast the Future.

Burma Burma plans to go public with an IPO in the next three years, co-founders Chirag Chhajer and Ankit Gupta told ET. The company is also aiming to triple its footprint before going public, they said. Last month Burma Burma (Hunger Pangs Pvt Ltd) raised $2 million in equity investment and is looking to raise another $3 million. The round is expected to see participation from existing investors Negen Capital and family offices.

«In Springfield, they're eating the dogs — the people that came in — they're eating the cats, they're eating the pets of the people that live there. And this is what's happening in our country,» Trump said, contradicting the Springfield city manager, who said such accusations had no basis in fact. Read More: US Presidential Debate 2024: Donald Trump, Kamala Harris clash over economy, abortion and more; Here are key takeaways

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.