Citi Financial News
31.08 / 15:35
markets
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Citi
Sustainability
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performer
Mumbai property market’s record streak continues with best August ever
India's financial capital recorded 11,628 property registrations in the month of August, marking a 7% on-year increase in deals. The robust performance helped the state exchequer collect over Rs 1,061 crore, reflecting a 31% rise in revenue, according to data from the Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. The city’s consistent sales momentum has been driven by sustained buyer confidence, surpassing 10,000 units in monthly registrations for the first eight months of 2024. This marks eleven consecutive months of annual growth since August 2023.
31.08 / 12:59
UPS
Citi
Art
Food
DISH
Features
Turning the pages of Gwalior’s food history
puran poli and pohe to mutton barbat, pasande and Nepali ande as part of the city’s culinary landscape, offering a taste of Maharashtra, Gujarat, Awadh, and Nepal in the heart of Madhya Pradesh. Like many old cities, Gwalior too has witnessed the rise of many dynasties, including the Guptas, Tomars and the Scindias, movement of people due to marriage, wars and work, and more.
31.08 / 10:55
31.08 / 08:30
Citi
Provident
Platform
WhatsApp
social
information
travelers
Mumbai's Local train services on Harbour line disrupted in rush hours, commuters face inconvenience
Mumbai local train commuters faced inconvenience in morning rush hours on Saturday as an overhead equipment snag on the Harbour line caused disruptions. The snag happened between Vashi and Mankhurd railway stations, said an official told PTI. The services on the route remained completely shut for at least two hours after overhead equipment on the Vashi-bound line broke at 7:30 am and was fixed only by 9:30 am, a Central Railway spokesperson said.
31.08 / 01:16
Citi
Extreme
Platform
Metro
wellness
President
Etail, logistics companies prepare package for non-metro boom
Driven by rapid urbanisation, mushrooming of shopping malls and surge in spending, tier II-III towns have seen a significant increase in manpower demand, said Yeshab Giri, chief commercial officer, operational talent solutions, at Randstad India, a talent management company. Cities such as Jaipur, Indore, Ahmedabad, Coimbatore, Lucknow, Vadodara, Surat, Bhubaneswar, Bhopal, Chandigarh and Vizag are witnessing 25-30% more demand than the previous festive season, he said. «Currently, ecommerce and logistics firms in tier II-III cities are hiring approximately 65% of the overall talent,» said Lohit Bhatia, president, workforce management, at Quess Corp. Metros and other tier I cities traditionally see a greater spurt in festive demand, he said.
31.08 / 01:13
Citi
CEO
Software
students
reports
testing
Students seek clarity as Infosys offers two pre-training rounds
Infosys has asked about 1,500 students from the April 2022 batch having offer letters to appear for two rounds of pre-training. Of the total, India’s second-largest software services company has given September 2 as the joining date to only about 115 students, while the rest remain in a state of flux about their job prospects. Hiring worries at Infosys underscore a broader squeeze in recruitment in the technology sector due to factors such as economic uncertainties and increasing automation. Indian IT firms are under pressure from students, public outcry and worker unions over the onboarding delays. In July, Infosys had called all the selected students for a mandatory virtual pre-training programme for 24 days. Following this, another self-learning module-based pre-training was organised for some students in August which resulted in joining dates allotted to the 115 students. For the remaining students, there is limited clarity on the assessment and confusion of login credentials to some students for the second pre-training round. There have been no rejection letters yet, multiple people including the students told ET.
31.08 / 00:40
31.08 / 00:06
Citi
CEO
Telegram
Platform
Research
Universities
reports
Child abuse images removed from AI image-generator training source, researchers say
Artificial intelligence researchers said Friday that they have deleted more than 2,000 web links to suspected child sexual abuse imagery from a database used to train popular AI image-generator tools
30.08 / 19:21
markets
Citi
Digital
Remark
Dreams
social
Melania Trump has been roasted for this random Tweet; here's what she posted
Melania Trump recently tweeted her appreciation for New York City, which caused both confusion and laughter. Her sentimental post about the city was in stark contrast to her husband's recent disparaging and belittling remarks, sparking speculation and jokes on social media. Social media users laughed and ridiculed Melania Trump's reflection on New York City. «Today is 28 years ago, and from the moment I arrived, New York City captured my heart. This vibrant town is more than just where I live; it's a vibrant canvas where dreams are realized. The iconic skyline and vibrant culture of New York inspire me every day,» the former first lady wrote on X on Tuesday. Also Read: Democrats are leading the Republicans by double digits in Arizona and Nevada Senate polls
30.08 / 18:42
UPS
Citi
Provident
Death
Department
Investigations
Oklahoma rodeo company blames tainted feed for killing as many as 70 horses
A nearly century-old Oklahoma company that supplies stock for rodeos had as many as 70 horses die a week ago after receiving what an owner believes is tainted feed
30.08 / 18:28
Citi
Death
President
students
Justice
hospital
Colleges
Kolkata hospital horror case: BJP Mahila Morcha protests; medical students allege threat
Kolkata by the BJP West Bengal unit, its state president Sukanta Majumdar on Friday said that the law and order has completely collapsed in the state and that chief minister Mamata Banerjee must take responsibility. BJP state president said, «The situation is such that even after death, there is no relief. There is a syndicate raj prevailing in the hospitals.
30.08 / 17:00
Citi
WhatsApp
All-India house price index moderates to 3.3 pc in Q1 FY25: RBI Data
Mumbai: The all-India House Price Index (HPI) moderated to 3.3 per cent in the June quarter of 2024-25 from 5.1 per cent in the year-ago period, according to data released by the Reserve Bank of India on Friday. The RBI releases HPI-based on transaction-level data received from the registration authorities in 10 major cities. The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai. «All-India HPI increased by 3.3 per cent (y-o-y) in Q1:2024-25 as compared to 4.1 per cent growth in the previous quarter and 5.1 per cent a year ago; annual HPI growth varied widely across the cities — ranging from a high of 8.9 per cent (Kolkata) to a low of (-)1.7 per cent (Delhi),» the central bank said.
30.08 / 14:22
Citi
Career
wellness
Universities
cover
audience
Sporting
Andre Agassi to visit India in January 2025 to kick off PWR DUPR Indian Tour & League
Andre Agassi is set to visit India in January 2025 to officially kick off the PWR DUPR Indian Tour & League. This event, which is a collaborative effort between The Times Group, Pickleball World Rankings (PWR), and Dynamic Universal Pickleball Rating (DUPR), aims to introduce the sport of pickleball to a broader audience in India. The partnership seeks to generate global excitement around pickleball, a sport rapidly gaining popularity worldwide. It comes on the heels of the recent launch of a new rankings structure by PWR, as well as the announcement of the PWR World Tour and PWR World Series.
30.08 / 12:53
Citi
Food
Eurozone inflation drops to 2.2% in August
The figure was 0.4 percentage points lower than the month prior, with several highly inflationary components down for the period. Energy linked inflation hit -3% in August, down from 1.2% the previous month, while non-energy industrial goods came in at 0.4% versus 0.7% in July. Services inflation however, was the largest overall contributor, with an uptick to 4.2% versus 4% in July, followed by food, alcohol and tobacco at 2.4%. City predicts higher UK inflation despite strongest economic growth since post-lockdown spike The figures supported ongoing calls that the European Cent...
30.08 / 12:24
Citi
Basketball
inclusion
reports
donates
Schools
athletics
In New Orleans, nonprofits see new money and new inclusive approach from the NBA Foundation
The National Basketball Association formalized its giving over the past four years through a new $300 million grantmaking arm
30.08 / 03:49
markets
Citi
Target
Progressive
Align
Sustainability
recommendations
Hot stocks: Brokerages on RIL, Lupin, Bharti Hexacom and Sunteck Realty
Lupin, while Macquarie maintains a neutral view on Reliance Industries. Citi and Investec have «buy» ratings on Bharti Hexacom and Sunteck Realty, respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
30.08 / 03:17
UPS
Citi
Dreams
Food
Fishing
Schools
Narayan Poojari of Shiv Sagar: Living the Bombay dream
₹100 crore and the tiles business earned ₹8 crore in revenue. Till date, the most successful brand from his portfolio has been Shiv Sagar. He says, “Aap Shiv Sagar ka board laga do, log aa jayenge (You put up a Shiv Sagar board, diners will come)." Growing up in Udupi, Poojari began working in restaurants early on.
30.08 / 02:40
Citi
security
Patrick
Freedom
reports
rights
International
Foreign governments criticize Hong Kong's convictions of journalists in sedition case
The convictions of two Hong Kong journalists who led a now-shuttered online news outlet have deepened concerns of media groups and foreign governments over the city’s press freedom
30.08 / 01:09
markets
Citi
Airlines
reports
travelers
Traffic
International
Small-town India is jet-setting overseas like never before
Icra Ltd. This, he said, was largely attributable to rising demand for international travel for leisure, jobs—primarily in the Middle East—and studies. India's aviation market—the world's third largest and also the fastest growing—is on the cusp of a boom as the economy expands and incomes rise, prompting airlines to add capacity.
29.08 / 22:15
Citi
Entertainment
Universities
reports
Schools
Colleges
orienteering
Which college is Barron Trump heading to in New York? Mystery deepens
Barron Trump's college pick. Reports from earlier this year indicated that Barron, the son of Donald and Melania Trump, might enroll in a New York City institution; many speculated that Barron would attend New York University (NYU). Despite the Trump family's custom of attending elite universities like Wharton, this would be a shift. The specifics of his college decision are yet unknown, despite the rumors, as per the reports of Yahoo entertainment.
29.08 / 20:38
markets
UPS
Citi
Racing
security
Metro
reports
Zepto secures another $340 mn at $5 bn valuation as quick commerce booms
pre-IPO funding round of $665 million, quick commerce startup Zepto has secured follow-on financing of $340 million led by US-based venture capital firm General Catalyst, taking its valuation to $5 billion. New investors Dragon Fund and Epiq Capital joined the round while existing investors StepStone, Lightspeed, DST and Contrary increased their stakes.
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