Citi Financial News

BJP people who spread violence and hatred do not understand the basic principles of Hinduism, former Congress president Rahul Gandhi said on Wednesday as he hit out at the ruling party for what he described as a «violent attack» on the party's office in Ahmedabad. Workers of the BJP and the Congress hurled stones at each other outside Gujarat Congress headquarters in Ahmedabad on Tuesday during a protest against the remarks made by Gandhi in the Lok Sabha. In a post in Hindi on X, Gandhi said, «The cowardly and violent attack on the Gujarat Congress office further strengthens my point about the BJP and the Sangh Parivar. The BJP people who spread violence and hatred do not understand the basic principles of Hinduism.» «The people of Gujarat can clearly see through their lies and will teach the BJP government a decisive lesson. I am saying it again — INDIA is going to win in Gujarat!» the Leader of Opposition in the Lok Sabha said.

HDFC Bank. Jefferies also maintains a buy rating on M&M Finance, while Citi remains neutral on M&M Finance. UBS reaffirms its buy rating on HDFC Bank. Additionally, Citi rates Avenue Supermarts as neutral, while Morgan Stanley rates it as overweight, with sell ratings from both Citi and Morgan Stanley respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Mumbai for the second day, disrupting roads and local train services in India's financial capital, prompting authorities to close some schools and colleges. The India Meteorological Department (IMD) issued a Red Alert for Mumbai, which continued to experience severe rainfall on Tuesday. The Navi Mumbai Municipal Corporation Education (NMMC) Department also announced a holiday for all schools under its jurisdiction on Tuesday due to the heavy rain warning. Both government and private schools remained closed as per the orders from the NMMC and Education Department. The Brihanmumbai Municipal Corporation (BMC) urged residents to leave their homes only if absolutely necessary. The Regional Meteorological Centre (RMC) in Mumbai issued red alerts for Mumbai, Raigad, Ratnagiri, and Sindhudurg for Monday. Similar alerts were issued for Pune and Satara. The IMD predicted heavy rainfall in isolated places in Mumbai until July 12. Pune district administration has also announced the closure of all schools up to class 12 on Tuesday, July 9, to prevent any incidents or emergencies related to the severe weather. The IMD forecast indicated a generally cloudy sky with intermittent moderate to heavy rain in the city and suburbs.

₹1,200 crore-1,500 crore by the end of the current financial year for its third and largest private credit fund, the investment firm said in a statement on Friday. The third private credit fund, which was launched in March 2023 and has deployed ₹400 crore to date, will be used to support high-potential opportunities in the small and medium enterprises space through debt capital. Its previous two funds were ₹400 crore (launched in 2016) and ₹865 crore (in 2019) in size.

Reynolds has been the MP for Wycombe since the general election last week and was formerly an MP between 2010 and 2019. In 2010 she was selected by then-Labour leader Ed Miliband as a shadow junior Foreign Office minister and in 2011 she was promoted to the role of shadow Europe minister. In 2013, she became shadow housing minister and in 2015 she became shadow communities and local government secretary. Tulip Siddiq appointed Labour's City minister On Monday (8 July), the Department for Work and Pensions (DWP) announced Reynolds had been appointed as a parliamentary secretary at t...

Asset management companies (AMCs) in Gift City, Ahmedabad, are set for a major boost following a crucial regulatory change by the Securities and Exchange Board of India (Sebi). By eliminating the restrictive 50% cap on investments from Indians abroad in India-focused funds, Sebi has removed a significant hurdle that has long impeded the growth potential of these funds. For years, AMCs faced a stringent requirement: for every dollar accepted from non-resident Indians (NRIs) and overseas citizens of India (OCIs), an equivalent dollar had to be sourced from foreign investors.

Ghaziabad, a vital part of the Delhi NCR, is making significant strides in the residential real estate market. Known for its relatively affordable properties compared to areas like Gurgaon and Noida, the city is experiencing increased activity driven by major infrastructural developments.

Investment preferences of women living in top 30 cities of India have changed over the past few years, with more and more women investors embracing new investment ways like mutual funds, stocks and even startups, according to a report.

Dalit Kitchens of Marathwada, the English translation of his 2015 Marathi book, Anna He Apoorna Brahma. This is pertinent in the context of the regular debates that rage in the country about vegetarian and non-vegetarian dietary habits, notions of purity and ethics of food, and the idea of free will. Yet, while discussing the culture of food, we tend to ignore why certain communities eat the way they do—is it out of choice or compulsion? Patole writes that food habits and caste cannot be separated in Indian culture.

Besides cryptocurrencies, drug traffickers have reportedly opted to launder money through Citigroup, viewing the bank as accommodating due to perceived weaker fraud prevention measures.

NEW YORK—Patrons at the Comfort Diner in Midtown Manhattan recently encountered an unexpected person working the tables: Gov. Kathy Hochul. Rather than take orders, she went booth to booth seeking opinions about the city’s first-in-the-nation plans for congestion pricing—a $15 toll on vehicles entering the core of Manhattan.

under-construction properties in major cities — Delhi, Noida, Gurgaon, Bengaluru and Mumbai has increased by upto 53%, led by Gurugram, according to Savills India, a global property consulting firm. The under-construction projects in these cities have witnessed higher price appreciation up to 30% over the year compared to ready properties as new launches offered newer amenities and configurations. The second home location, North Goa also witnessed a steep rise of 28% in villa prices over the year owing to rise in ‘work from anywhere’ or remote working and relatively high rental yields.

USA soccer team or USMNT are all set to play must-win game against Uruguay in Copa America 2024 Group C match. Uruguay are in the pole position to qualify for the knock out after winning two out of two matches and garnering six points. USA has three points from two games after winning one and losing the other.

A Quiet Place: Day One, has arrived in theaters nationwide. For those wondering when they can catch the apocalyptic thriller on Paramount+ and other digital platforms, here’s what you need to know.

landslide blocked Kishtwar-Paddar road Sunday as light to moderate rains lashed isolated places in Jammu division, providing some relief to people from the scorching heat. Officials said the landslide, triggered by rains, hit Kishtwar-Paddar road near Patharnaki in Kishtwar district this afternoon, forcing suspension of vehicular movement.

Congress leader Adhir Ranjan Chowdhury said that the decision to implement the new criminal laws from July 1 has been taken in haste and more consultation is required before enforcing them.

bifurcation of erstwhile Andhra Pradesh and creation of Telangana in 2014 was an emotional blow. What added salt to the wound was the loss of Hyderabad to Telangana after the bifurcation, leaving Andhra Pradesh without a capital. Naidu, who became the first chief minister of Andhra Pradesh, announced the creation of a new capital, promising to build a smart city.

dangerous levels of heat. This year is no exception—indeed, it carries the trend further. In Saudi Arabia more than 1,300 pilgrims died during the hajj , the pilgrimage to Mecca, as temperatures exceeded 50°C.

IMD) has issued a warning for very heavy rain across various districts of Gujarat for the next five days.

Delhi government will provide a compensation of Rs 10 lakh to the families of those who drowned due to heavy rain in the city on Friday. In an official communication to the revenue department, minister Atishi said it has been reported that there were «several deaths» due to drowning on June 28, after the extreme rainfall.