Citi Financial News

Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history. While government loyalists packed into mosques and squares to pray for Raisi and Foreign Minister Hossein Amir Abdollahian, both killed in a helicopter crash, most shops remained open and the authorities made little effort to interrupt ordinary life.

The absurd collection of talent that lifted the Premier League trophy on Sunday—a group of dazzling players plucked from nearly a dozen countries—cost Manchester City some $1.4 billion to assemble. For yet another season, it was the most expensive squad in professional sports. But the club’s player of the year, the one who lit up the team and scored the goals that finally sealed the title, was a guy it picked up for free.

passed a measure that will increase driver pay, but at a lower rate than approved by Minneapolis officials earlier this year. Although the new pay minimums are less than the rate approved by the Minneapolis City Council in March, they are intended to ensure drivers across the state are paid at least the city’s minimum wage equivalent of $15.57 an hour, though they also might mean increased costs for passengers. Minnesota lawmakers approved the pay plan Sunday night, on the last day of the legislative session and sent the measure to Gov.

Emaar India announces a new project in a tier-2 city, the real estate developer’s chief HR officer Madhuri Mehta’s LinkedIn account gets flooded with messages from professionals looking for jobs back in their hometowns. “These people are a potential talent pool,” said Mehta, citing instances of professionals who want to move back home…from, say, Delhi to Mohali. She said Emaar is hiring actively in cities like Indore, Jaipur, Mohali and Lucknow, where they have projects. Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.

Mumbai Voter Turnout: Voting concluded in the 13 Lok Sabha constituencies of Maharashtra. Despite the presence of celebrities at polling booths, Mumbai recorded a relatively low voter turnout.

John Krasinski, known for his portrayal of Jim Halpert, expresses openness to appearing in the upcoming spin-off. The actor, renowned for his role as the mischievous yet lovable prankster, revealed his willingness during the New York City premiere of writer/director Greg Daniels' film, IF.

tornadoes and extreme weather events in the US in the past few weeks, a storm season has begun to hit the country with weather variations across the length and breadth of the country. On Sunday, winds speeding up to 100 mph were noticed in Kansas even as Tennis Ball-sized hail storms were raining down in the state.

TROY, N.Y.—The co-founder of the AI chipmaker Nvidia said he chose to study at Rensselaer Polytechnic Institute in the late 1970s because it had a state-of-the-art mainframe computer. Now, he is betting that a quantum computer at his alma mater could reinvigorate the region. Curtis Priem, 64 years old, is donating more than $75 million so RPI can have a quantum-computing system made by International Business Machines—making it the first such device on a university campus anywhere in the world.

Follow Lok Sabha Election 2024 Phase 5 Voting Live Updates here Eight states/UTs which went to the polls in Phase 5 of the Lok Sabha Elections were Bihar (5 seats), Jammu and Kashmir (1 seat), Ladakh (1 seat), Jharkhand (3 seats), Maharashtra (13 seats), Odisha (5 seats), Uttar Pradesh (14 seats), and West Bengal (seven seats). Check full list of constituencies that voted in Phase 5 (on May 20) here Cities like Mumbai, Thane and Lucknow voted in this phase, “which have in the past suffered from urban apathy in voting," the Election Commission said.

Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year's sticker shock.

gold in the last one week has been -2.8% .whereas in the last month it has been -1.52%. The cost of silver is Rs.86460.0 per kg down by Rs.170.0 per kg. Gold Price Today in Delhi is ₹75071.0/10 grams.

ET Make in India SME Regional Summit will on May 25 enter the second city in this year’s edition. Lucknow, the city of nawabs and famous for its handicrafts, will host small businesses, industry leaders and entrepreneurs in an engaging summit conducted by the Economictimes.com.

In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone living in the United Arab Emirates

New York’s first-in-the-nation plan to levy a hefty toll on drivers entering Manhattan was the focus of a legal battle that played out in federal court

Social media users shared a range of false claims this week

Commuters in Buenos Aires are being hit by an abrupt 360% increase in subway fares

Vegas tourism authority sponsoring each Aces player for $100K in 2024 and 2025.

The Russian state news agency Tass says a court in St. Petersburg has ordered the seizing of assets of Germany's Deutsche Bank and Commerzbank in Russia

Gujarat International Finance Tec-City (GIFT City) will soon take another step to resemble state-of-the art global finance centres as the hub is set to launch its own foreign currency settlement system, K Rajaraman, chairperson of the International Financial Services Centres Authority (IFSCA) told Bhaskar Dutta in an interview. He also listed out the latest steps being taken by the IFSC Authority to «onshore what is offshore». Edited excerpts: Markets have been telling us about the development of an international-style instant foreign exchange settlement system in GIFT City. What is happening on the ground?

Hardeep Puri said, "In today's day, the fact that needs to be reiterated is that there are 1 crore people riding on the metro every day, and out of the 1 crore people, 73 lakh are the ridership of the capital region of Delhi." "Today, even though the population of the city is expanding massively, it is still easy to get from one part of the city to the other within a reasonable period of time. More people are taking to urban transport," he said.

Lugano, Switzerland – 5/20/2024 – Enthusiasts of NFT and blockchain technology are invited to mark on their calendars the dates of June 14 and 15, 2024, when the city of Lugano will host the new edition of NFT Fest Lugano.