Citi Financial News

Instagram’s 2010 launch flooded the zone with a whole genre of #travel photos. You know the look: oversaturated images with crowds cropped out that have made places from Patagonia to Iceland yawn-inducingly familiar. And with 39% of us now using social media for trip inspiration, according to the 2024 American Express Global Travel Trends Report, our feeds have become vacation-themed echo chambers.

Nifty index, a pivotal benchmark, erased all 2024 gains, descending below 21,300 to conclude at 21,884.50, whereas the Sensex closed at 72,079.05, indicating a substantial decline.Sudden reactions, such as panic selling, can be detrimental during these times of volatility. This article aims to furnish essential insights for effectively navigating the turbulent market.Amid ongoing market volatility, it is essential for investors to consider and contrast traditional and alternative investment approaches to make well-informed decisions that can safeguard their portfolios from uncertainty and cultivate potential for future growth.

Ukraine that it can use American-supplied weapons to hit Russian forces «anywhere». They can hit any Russian forces attacking from across the border, and not just the region near Kharkiv, Politico reported, citing US officials. This subtle shift, which according to the officials is not a change in policy, comes weeks after the US quietly signaled the green light to Kyiv to strike inside Russia in retaliation to a cross-border assault on the city of Kharkiv. During that time, the US officials stressed that the policy was limited to the Kharkiv region, among other restrictions.

Stanley Lifestyles is the fourth-largest player in the home furniture market in India with its presence in super-premium, luxury and ultra-luxury furniture ranges. It is a manufacturing retail company that markets its products under the 'Stanley' brand. The Bengaluru-based company is rolling out a ₹537 crore initial public offer (IPO) comprising a fresh issue of ₹200 crore and an offer for sale of ₹337 crore. The IPO represents 25% of the post-issue paid capital of the company. The proceeds would be used to open new stores, renovate existing ones and fund capex for new machinery.

Real estate sector saw debt sanctions of ₹9.63 lakh crore during 2018-23 and there is an opportunity of debt financing of ₹14 lakh crore in the next three years, according to a report by JLL India and Propstack. In their joint report — 'Decoding Debt Financing: Opportunities in Indian Real Estate', JLL India and Propstack said the real estate sector in India witnessed debt sanctioning amounting to ₹9,63,441 crore in the last six years.

Journal of Zoology in 1982, A.J.T. Johnsingh documented the behaviour of dholes he observed from August 1976 to July 1978 in Bandipur Tiger Reserve. The picture he drew is a lively one, full of seriousness and play.

₹50,000 crore, two people aware of the matter said. The central government, which has been steadily increasing the budget for new tracks over the years, may boost allocation by a sharp 39% from the figures in February's interim budget, the people cited above said on condition of anonymity.

Federal officials are investigating a Southwest Airlines flight that swooped low enough to trigger a low-altitude alert while it was still nine miles away from the airport in Oklahoma City

Leo Burnett Mumbai win a silver Lion for their Oreo #BringBack2011 campaign in the 'creative effectiveness' Lions category while Ogilvy Mumbai won a bronze in the 'creative strategy' Lions category for their work on Vi's 'Human Network Testing Network' campaign. The total tally of metals won by the Indian contingent now stands at 14 at the time of going to press. Among the 59 shortlisted entries this year, Indian agencies have, so far, won two gold, five silver and seven bronze Lions. «We couldn't be prouder to take home a silver for our Mondelez Oreo #BringBack2011 campaign. This campaign is a powerful example of how creativity can play an effective role in driving business, fostering a deeper connection with the audiences and building the brand,» said Rajdeepak Das, CCO Publicis Groupe-South Asia and chairman, Leo Burnett-South Asia.

Bethesda is set to release its first major expansion, Starfield: Shattered Space soon. Here’s what we know so far. Expansion Announcement and Initial Details

Modi during his virtual address in Srinagar on Thursday said that preparations for assembly elections have already started in Jammu and Kashmir and its statehood will be restored soon. Modi arrived in Srinagar on Thursday and laid foundation and inaugurated several development projects worth around Rs 3,300 crore and gave letters to 2,000 persons appointed in government service. The PM is also participating in the International Yoga Day event on June 21 to be held at Sher-i-Kashmir International Convention Centre on the banks of Dal Lake. The administration has made elaborate security arrangements in the Srinagar city with restrictions on movement of traffic around the venue, drone surveillance and deployment of police and paramilitary forces across the city.

Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance and makes workers more productive. 

Canadian Real Estate Association said this week, even as some standout markets such as Calgary, Edmonton and Saskatoon continue to see activity tick up.Even if buyers aren’t showing up in most Canadian cities, sellers certainly are. At the start of this month, there were roughly 175,000 active property listings across Canada, up 28.4 per cent year-over-year, according to CREA.Across the Greater Toronto Area, there are some 24,000 units including condos and detached homes up for sale — a 14-year high, according to an analysis by Hanif Bayat at Wowa.ca.Active listings for condo units in Toronto are at or near record highs right now, notes John Pasalis, president of Realosophy Realty.But that glut of supply comes as buyers remain priced out of the market.

Spanish rescuers say that a cruise ship has rescued 68 migrants and found five bodies in a wooden dinghy that was drifting off the Canary Islands in the Atlantic Ocean

CBI registered case against 'unknown accused persons' on the basis of complaint by Secretary of Education Departement. «It has been alleged in the complaint that on 19.06.2024 University Grants Commission (UGC) recieved inputs from National Cyber Crime Threat Analysis Unit of Indian Cyber Crime Co-ordination Centre(I4C) under Union Ministry of Home Affairs that integrity of UGC Net -2024 Examination, conducted by National Testing Agency(NTA) in two shifts across different cities in the country, may have been compromised,» said CBI's statement. The Education Ministry on Wednesday ordered the cancellations of UGC-NET conducted by the National Testing Agency following inputs that the integrity of the examination may have been compromised and the matter has been handed over to the CBI for a thorough investigation, officials said. The decision by the Ministry comes amid a massive row on the medical entrance exam NEET over alleged irregularities, with the issue now before the Supreme Court.

Sarbananda Sonowal arrived in Dibrugarh on Thursday, first time after Prime Minister Narendra Modi reappointed him in the Union Cabinet recently. Thousands of people from Sonowal’s home constituency, which he won convincingly in the recent Lok Sabha elections, thronged the Dibrugarh airport to welcome the beloved leader. Sonowal was warmly greeted by people from various castes, tribes, and areas with enthusiastic cheers. Sonowal also attended a reception party organized at the India Club in the city by MLA of Dibrugarh, Prashanta Phukan where leading citizens of the city along with people from all walks of life extended their greetings to Sarbananda Sonowal. Expressing his deep gratitude, Sarbananda Sonowal said, «I am truly overwhelmed by the unprecedented love and support from the people of the Dibrugarh Lok Sabha constituency that helped me win. I will never forget this affection. Dibrugarh is my birthplace and my place of work. I am determined to continue working diligently as both a native and an MP from Dibrugarh.”

rich plan to migrate to another country, most of them choose the United Arab Emirates and particularly Dubai, which is one of the Emirates. A report by Henley & Partners, an international investment migration advisory firm, says approximately 4,300 millionaires are projected to leave India this year. And most of them are headed to the UAE. However, it's not that India's rich are in a hurry to leave the country. It's only a small number of rich Indians. «India continues to lose large numbers of millionaires, especially to the UAE. However, in our view these outflows are not particularly concerning as India continues to produce far more new HNWIs than it loses to emigration. Furthermore, the bulk of the millionaires who leave India tend to retain business interests and second homes in the country, which is a positive sign,» says the report. Why the UAE has such a pull for rich Indians The UAE is a bigger attraction for India's rich than other popular destinations for migration, such as Australia, Singapore, Israel, Switzerland, the US, Canada, New Zealand and the UK.

Daibiru Corporation, a subsidiary of the Japanese business conglomerate Mitsui O.S.K. Lines has invested Rs 1,000 crore in an under-construction office complex in Gurgaon, being developed by DLF in a joint venture with the global investment and development firm Hines, according to three persons familiar with the deal. Hines, which holds a 33% stake in the joint venture, facilitated the exit of the Abu Dhabi Investment Authority (ADIA) by bringing in Daibiru as an investor. Both companies have created Daibiru Hines Trust at GIFT City, Gujarat, and plan to invest in more commercial assets across the country.

Space enthusiasts are in for a treat as one of the most celebrated celestial events, the Strawberry Moon, graces the night sky on Friday, June 21, 2024. This full moon, named for its occurrence during the strawberry harvest season, promises to be a spectacular sight.

Stock market today: Domestic equity benchmarks Sensex and Nifty 50 settled higher on Thursday, June 20 driven by private banks, after struggling through some volatility during the trade in the absence of fresh triggers. Metals, real estate, fertiliser stocks drove indices, despite a lack of strong global indications.

Mint. The growing popularity of equated monthly instalments (EMIs), or the fixed sum that a borrower must pay every month towards a loan, has further dented the prospects of rental companies. “Today, we have affordable EMIs to buy furniture across all price points," he said.