Citi Financial News

03.06 / 08:40
Citi Aware Airlines Enterprise information Traffic International Air India to operate as merged entity from 2025; no Vistara brand by year end
Mint on the sidelines of the annual general meeting of the International Air Transport Association, a global airline body. On receiving the nod from NCLT, the airline hopes to take another 4-5 months to merge the air operator certificate of AIX Connect with Air India Express. The Tatas acquired both Air India and its subsidiary Air India Express in January 2022.
03.06 / 06:31
markets Citi Southern pandemic trends exclusive Destinations How Coonoor has emerged as a southern rival to the west’s Goa & Alibaug and Mussoorie in the North
Although there is a long history of affluent city-dwellers owning second homes in popular places such as Goa and Mussoorie, this trend has gained momentum since the pandemic. In addition to rising disposable incomes, this is due in part to remote work becoming increasingly common. Traditional options include tropical and ‘beachy’ destinations such as Goa and Alibaug, as well as more temperate towns such as Mashobra or Darjeeling. Coonoor is a relatively recent entrant to this club but has quietly become a popular choice among a small clutch of urban elite who are looking for an unspoilt but also convenient location for a second home.
03.06 / 06:31
markets Citi security economy Sustainability Remark Why is residential real estate one of the safest investment options in India?
As we navigate through the recent times, the Indian residential real estate market is emerging as a beacon of security for investors, making the housing market shine for those seeking stability and growth. The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. Buyers are now placing a greater emphasis on owning a home rather than opting for rental arrangements.
03.06 / 06:31
Citi FIVE Cooper country rock reports evacuation Japan hit by earthquake of 5.9 magnitude, multiple tremors reported
Japan’s north-central region of Ishikawa was hit with an earthquake of 5.9 magnitude early morning on June 3, while the country was still recovering from the January 1 earthquake destruction. The Japan Meteorological Agency reported multiple tremors on the northern top of the Noto Peninsula, followed minutes later by a 4.8 and then several smaller quakes within the next two hours
03.06 / 06:29
Citi Career CEO Pool social innovations Updates ‘Everyone I meet..’: Unacademy CEO Gaurav Munjal praises Bengaluru as India's best city for entrepreneurs, career growth
Also Read | 'Come to Bengaluru, increase odds of success': Unacademy’s Gaurav Munjal asks start-up founders to ditch Mumbai, DelhiMunjal's praise for Bengaluru resonated with many social media users. One user commented, "Not even starting a company, if you want non-linear outcomes in your career, BLR is the place with the highest probability!" Another user highlighted the city's advantages: "Its robust infrastructure, talent pool, and cosmopolitan culture foster innovation.
03.06 / 05:49
COST Citi economy Trade country Gold and silver prices today on 03-06-2024: Check latest rates in your city
gold in the last one week has been -1.0% whereas in the last month it has been -1.8%.The cost of silver is Rs.92630.0 per kg Gold Price Today in Delhi is ₹73948.0/10 grams. Yesterday’s Gold Price on 02-06-2024 was ₹74527.0/10 grams. and last week’s gold price on 28-05-2024 was ₹73779.0/10 grams.
03.06 / 03:11
Citi Target Reuters track reports Updates Hezbollah drone falls in northern Israeli city, no injuries: Israel's military
Lebanese militant group Hezbollah fell in the Israeli coastal city of Nahariya on Sunday, causing a fire but no injuries, Israel's military and local media reported.
03.06 / 02:55
Citi Target Gap security Election Research Indian bond yields seen lower as exit polls predict government continuity
Indian government bond yields are expected to open with a gap down on Monday, with investor sentiment likely boosted after exit polls over the weekend signaled that Prime Minister Narendra Modi's government will secure a third term. India's benchmark 10-year yield is likely to move in a 6.94%-7.00% range, following its previous close of 6.9809%, a trader with a state-run bank said.
03.06 / 02:41
Citi Waters Assurant track reports isolate evacuation Manipur floods: ‘Continuing efforts to remove water, restore flow of Naga river…’ says Chief Minister Biren Singh
Rupert Murdoch marries for fifth time, 93-year-old media mogul ties knot with 63-year-old Elena ZhukovaPrime Minister Narendra Modi reviewed the impact of Cyclone Remal on Sunday, ANI reported. The cyclone, which caused flash floods, heavy rains, and landslides across the northeastern states, has claimed three dozen lives and affected more than 200,000 people.Continuous rainfall and landslides have isolated parts of the northeast, submerging railway tracks.
03.06 / 02:17
Citi Target War track country reports Israeli airstrikes near city of Aleppo kills several people, Syrian state media say
Israeli airstrikes around the Syrian city of Aleppo killed several people early on Monday, Syrian state media reported. The state-run SANA news agency gave no specific toll. It said the strikes were around the southeastern edge of Aleppo.
03.06 / 01:33
Citi Election reports Earthquake Today: Magnitude 5.9 quake strikes cities in Japan's Ishikawa prefecture, no tsunami threat
earthquake hitting Ishikawa Prefecture, with authorities confirming no tsunami risk, NHK reported.The quake occurred at approximately 6:31 am on Monday, with its epicentre estimated to be 10 kilometres deep.Also Read | Rupert Murdoch marries for fifth time, 93-year-old media mogul ties knot with 63-year-old Elena ZhukovaWajima and Suzu cities in Ishikawa Prefecture experienced tremors at an intensity of upper 5 on Japan's seismic scale.Additionally, Noto town felt tremors at an intensity of lower than 5, while Nanao city and Anamizu town, along with some areas in Niigata Prefecture, registered an intensity of 4.Also Read | Election Commission orders repolling at Barasat, Mathurapur in West Bengal on June 3Following the earthquake, East Japan Railway temporarily suspended Hokuriku Shinkansen and Joetsu Shinkansen bullet train services due to a power outage. Service resumed at 6:50 am, NHK reported.
03.06 / 01:17
Citi Waters Landmark show cover Videos cricket Viral video shows window cleaners ‘stranded’ on China's Beijing tower amidst heavy storm | Watch
Viral video: Women helps thirsty dog drink water at Thrissur railway station | WatchNewspaper Shanghai Daily posted on X: “High-altitude maintenance workers were seen swaying in the strong winds outside the CCTV Headquarters in Beijing's Central Business District on Thursday. Hoping for their safety."Watch the video here:As an iconic landmark in Beijing, the CCTV Tower rises to 234 meters and covers an expansive area of 473,000 square meters.Also Read: Viral Video: ‘Eventful dot ball’ from children's cricket match leaves internet in splits | WatchAt the same time, the National Weather Service issued numerous alerts as thunderstorms and powerful winds battered the capital.
03.06 / 01:13
markets COST Citi Research information What rental yield is and how it is calculated
What are the types of rental yield? There are two types of rental yields: gross and net Gross rental yield This is the return you calculate if you just consider the total rent, without including any costs or expenses incurred by you on the property during the year.
02.06 / 18:31
Citi Target President War track reports NOT Despite mediators' push, Israel PM not relenting on Gaza truce
Mediators attempting to negotiate a ceasefire between Israel and Hamas on Sunday called on both sides to agree to a truce and hostage release deal outlined by US President Joe Biden last week, even as Israeli Prime Minister Benjamin Netanyahu has insisted he will pursue the war raging until Hamas is destroyed and the captives are freed.
02.06 / 18:31
markets Citi track exclusive guidelines Courts Updates NOT Regulator now says city gas networks not common carriers
PNGRB) has withdrawn notices to declare city gas networks in 54 licensed areas as common carriers, which would help end a legal tussle between the regulator and the affected city gas distributors.
02.06 / 18:25
UPS Citi BAY community Department evacuation California firefighters battle wind-driven wildfire east of San Francisco overnight
a wind-driven wildfire that continued not only burning but spreading early Sunday in an area straddling the San Francisco Bay Area and central California, authorities said. “Strong winds and dry grass have made it difficult for firefighters to contain," Cal Fire said in a Facebook post Sunday morning.
02.06 / 18:25
Citi Racing security Election President social Mexico votes in an election likely to choose the country’s first female president
expanded social programs but largely failed to reduce cartel violence in Mexico. His Morena party currently holds 23 of the 32 governorships and a simple majority of seats in both houses of Congress. Mexico’s constitution prohibits the president’s reelection.
02.06 / 18:25
UPS Citi Waves Election President country The Latest | Mexico votes in historic elections marred by cartel violence and deep division
Mexico will likely elect its first female president — a major step in a country long marked by its macho culture. The election is also the biggest in the country’s history. More than 20,000 congressional and local positions are up for grabs, according to the National Electoral Institute.
02.06 / 16:51
markets Citi Airlines Strategy Boeing Traffic International India has enough room for multiple wide-body carriers to flourish: Emirates
Mint. The widespread Indian diaspora across the US, Europe, Africa, and South America also aids the demand momentum, he added.Since 2023, Indian airlines have placed a cumulative order of 100 wide-body aircraft with a 70 wide-body aircraft order placed by Air India in February 2023 and another 30 by IndiGo last month.“I would say it is a good thing happening in this sort of domain and good for the industry and consumers.
02.06 / 16:21
markets Citi community track hospital Updates Destinations Holiday home demand tapers off as rentals fall
demand for holiday homes has diminished from its peak a year ago as the era of widespread remote work comes to an end with most companies now requiring employees to return to office, real estate professionals said.
02.06 / 13:51
Citi security Strategy Election trends Colleges Interviews Can BJP's Madhavi Latha defeat Asaduddin Owaisi in a big Lok Sabha election 2024 upset? Exit poll results offer a clue
Madhavi Latha has become a trending topic on social media today following exit polls that indicate a tight race between the BJP leader and four-time MP Asaduddin Owaisi in the Hyderabad constituency. Exit polls on Saturday have forecast a close contest between the Congress and the BJP in Telangana for the Lok Sabha elections, with the Bharat Rashtra Samithi (BRS) expected to incur significant losses. According to Today's Chanakya, the BJP is projected to win 12 ± 2 seats in Telangana, Congress 5 ± 2 seats, with BRS and others getting 0-1 seats each. Similarly, Axis My India predicts the National Democratic Alliance (NDA) securing 11-12 seats in Telangana, BRS 0-1 seats, Congress 4-6 seats, and others 0-1 seats.

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