Citi Financial News

One 97 Communication also known as Paytm, founder Vijay Shekhar Sharma expects the focus to be on digitisation and start-ups getting support from the upcoming Union Budget 2024, the founder told ANI during an event on Saturday, July 6th.“I want the government to support them (small businesses), give them some incentives or in a way bring some advantages for them, digitisation should get support in the budget, start-ups should get support," said Sharma when asked about his expectations.The fin-tech founder also highlighted his expectations from the Government of India to focus on enhancing the Open Network for Digital Commerce (ONDC) platform and amending the overall e-commerce policy in the country, as the initiative aims to become the platform for small traders in India.“My expectation from the Government of India is to promote ONDC further because ONDC is in a way becoming an e-commerce platform for the small traders of our country, so we should talk about the creation and amendment of the overall e-commerce policy and about the enhancement of platforms like ONDC which have been created by the Government of India," he said.Vijay Shekhar Sharma focused on the infrastructural developments done by the Bhartiya Janata Party (BJP) government since 2014, The last decade has led to increasing connectivity of roads and airline infrastructure, and the focus has shifted to the Tier 2 and Tier 3 cities for upcoming businesses and developments, he said.“I believe this is a very important year for our dream of building a $5 trillion developed India because now we are seeing the pendulum swing in one direction," said Sharma.The fin-tech startup founder when asked about the high attrition rate in Paytm said, “All is well and all is

Bajaj Finance, Citi has initiated coverage on Indegene and maintained a sell rating on Gujarat Gas, Jefferies has maintained a buy rating on Sun Pharma, and Kotak Securities has upgraded Lupin to add from sell. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Cosmoverse is back with its fourth annual conference in Dubai this year. Building on three successful years, Cosmoverse continues to showcase the thriving Cosmos-SDK ecosystem and its potential to cultivate a multichain future for greater global collaboration.

US Independence Day 2024 is going to be celebrated on the Fourth of July, and there are major events already lined up in major US cities for its residents who are in a festive mood. Fourth of July celebrations will include live music events, firework displays, educational events, parades, and so much more as part of paying tribute. However, this day is a federal holiday and therefore, major government-regulated or aided operations, including banking and post offices will stay shut on July 4 on the occasion of US Independence Day 2024. Meanwhile, there were concerns around the stock market in the United States staying open or shut o this occasion. Also Read: Amazon Prime Video in July 2024: New releases, original films, classics, masterpieces and more

e-Pay Tax service allows the e-Filing site to facilitate direct tax payment-related actions, including challan (CRN) production, payment, and payment history tracking. Taxpayers are offered wide range of modes for payment, including Net Banking, Debit card, Pay at Bank Counter. Penalty for missing ITR filing last date: Who has to pay and who doesn't

Citi may have finishedpart one of its mission to cut 20,000 jobs, but it's only cut 5,000 of them so far. Discounting the removal of another 5,000 jobs from whole business sales, it still has another 10,000 jobs to remove.

The Biden administration says it's providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations

Hamas has given initial approval for a US-backed proposal for a phased cease-fire deal in Gaza, dropping a key demand that Israel gives an up-front commitment for a complete end to the war, a Hamas and an Egyptian official said Saturday. The apparent compromise by the militant group — which controlled Gaza before triggering the war with an October 7 attack on Israel — could help deliver the first pause in fighting since last November and set the stage for further talks on ending a devastating nine-month war. But all sides cautioned that a deal is still not guaranteed. The two officials, who spoke on conditions of anonymity to discuss the ongoing negotiations, said Washington's phased deal will first include a «full and complete» six-week cease-fire that would see the release of a number of hostages, including women, the elderly and the wounded, in exchange for the release of hundreds of Palestinian prisoners.

Israeli forces deepened an operation in the Gaza Strip's largest city in what the military said was meant to weed out militants, sending thousands of Palestinians fleeing on Monday from an area already ravaged in the early weeks of the nine-month-long war. The incursion into the eastern part of Gaza City expands Israel's engagement in the northern part of the beleaguered territory, an area Israel said it had seized control of months ago yet which has seen pockets of militant resurgence that have scaled back Israeli military gains and drawn forces back into such operations. Israel had ordered evacuations in the area before the raid was launched, the military said. Heavy fighting in the area in the initial weeks of the war all but emptied out Gaza City and its environs, and the Israeli military has prevented most people from returning to their homes there. But several hundred thousands of Palestinians remain in the area, living in the shells of their homes or shelters. The fresh fighting meant new displacement for many residents there.

BERLIN—To anyone familiar with the England national soccer team’s long and tortured history of humiliations and pratfalls, the squad that will play in Sunday’s European Championship final on Sunday has been completely unrecognizable. The close calls have gone their way. They have won penalty shootouts.

Elon Musk has been committed to reaching Mars with SpaceX for over 20 years. He has stepped up his efforts recently, concentrating on setting up a metropolis on Mars. The 53-year-old billionaire entrepreneur has given SpaceX staff instructions to create spacesuits, plan dome dwellings, and research if it is possible for humans to reproduce on Mars. To assist in starting a colony, he has even donated his sperm. Instead of the 40–100 years, he had previously estimated, his timescale has accelerated, with one million humans expected to inhabit Mars in 20 years, as per the reports of DNYUZ.

When the Bank of Canada made its first interest rate cut last month there were three risks economists cited that could stall the cycle — the Canadian dollar, the housing market and wage growth.

Gujarat's Surat city has gone up to seven with the recovery of six more bodies overnight, police said on Sunday. The residential building, located in Pal area, collapsed at around 2.45 pm on Saturday. While a woman was rescued soon after the collapse, the body of a man was pulled out on Saturday night, an official earlier said.

robot civil servant employed by the Gumi City Council in South Korea was discovered unresponsive after an apparent fall down a flight of stairs. The incident, which occurred around 4 pm last Thursday, has been termed as the country's first robot suicide, according to media reports. According to the city council, the 'Robot supervisor' was found smashed and lying in the stairwell between the first and second floors of the council building. Mirroring humans, witnesses reported tha the robot «circling in one spot as if something was there» before the incident occurred. The exact cause of the fall is still under investigation, and the city council official said that «Pieces have been collected and will be analysed by the company.» About the robot servant:

Bajaj CNG motorcycle is poised to revolutionize the market, potentially paving the way for similar technologies to be adopted in other models. This could lead to significant reductions in fuel costs and lower emissions, addressing two critical concerns for two-wheeler owners in India.

1993 Mumbai riots has been arrested here 31 years after he went absconding, police said on Tuesday. Sayyad Nadir Shah Abbas Khan was nabbed in Sewri area by a team of Rafi Ahmed Kidwai Marg police station on Monday, an official said. He was named as an accused in a case of attempt to murder and unlawful assembly during the riots in the city that followed the demolition of the Babri masjid in December 1992. Khan was arrested by police but never attended the court after obtaining bail, the official said. The court then declared Khan as a wanted accused and issued a non-bailable warrant against him, the official said. Police visited his residence in Sewri in central Mumbai many times but he remained untraceable. The sleuths finally got a lead about his whereabouts by examining the mobile phone records of his relatives.

Devon Energy is buying Grayson Mill Energy’s Williston Basin business in a cash-and-stock deal valued at $5 billion

Kashi. Kashi comes from the Sanskrit root word 'Kas’, which translates to “shining one", thus earning it the moniker: “city of lights".Archaeological excavations conducted near Varanasi in 2014 estimated the city to be about 4,000 years old.

Citigroup shares fell 1.3% after hours Wednesday after it was handed a combined $135.6 million in financial penalties by the Federal Reserve Board and the Office of the Comptroller of the Currency for violating enforcement requirements.

Employees at Citigroup’s New York headquarters are facing multiple indignities. Not only does a growing contingent now have to be back in office full time, but to get to their desks, they must walk through a throng of protestors who have been camped outside the bank for much of June. Activists are calling the campaign the “Summer of Heat," vowing to show up outside Citi “week after week" and “month after month" to protest its funding of the fossil fuel industry.

Kansas City Chiefs, Travis Kelce, disclosed some staggering Super Bowl expenditures in February. In the latest episode of «Receiver,» a Netflix series that tracks NFL players during the season, Kelce talked about the high price of bringing his friends and family to the game, as per the reports of MSN.