Citi Financial News

Tier-2 cities or non-metros are giving tough competition to top metro cities in the country in terms of infrastructure development, as a result attracting NRIs and resident Indians to invest.

Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'

Gold and silver prices today on 13-05-2024: Check latest rates in your city Gold prices are seen trading slightly lower today amid profit-booking and weighed by a stronger U.S. dollar, as focus turns on the U.S.

Also Read: Mumbai Weather: Rain with gusty winds, dust sweep parts of Mumbai, Thane; brings relief from sweltering heat Those injured in the hoarding collapse incident at Pantnagar near Eastern Express Highway (EEH) have been rushed to Rajawadi Hospital for treatment. A video of the incident has gone viral on social media platforms. Reacting to the incident, Maharashtra Deputy CM Devendra Fadnavis said that he has ordered an inquiry in the incident.

NFL 2024 schedule is yet to be announced officially but details of the first game have emerged. "Super Bowl" defending champion Kansas City Chiefs will take on Baltimore Ravens, as per a report on USA Today.

AAUM) of the northeastern states has grown by nearly 145 per cent from 2020 to touch Rs 40,324 crore in March 2024, up from Rs 16,446 crore in March 2020, indicating a growing appetite among investors from smaller towns and cities to invest in mutual funds. The share of the northeastern states increased to 0.73 per cent of the total AAUM of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024, up from around 0.67 per cent in March 2020, when the industry’s AAUM stood at Rs 24.71 lakh crore. Though the contribution of these states to the total AAUM of the industry is still small in percentage terms, there has been a steady and consistent growth in mutual fund inflows in these states backed by increasing awareness among people and the growing interest among retail investors for investing in equities through the mutual fund route, Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics, said.

Serving at the helm of Wealthspire’s New York City office, the firm’s largest contributor with over 40 percent of the assets under management, Zach Gering holds the dual roles of financial advisor and office lead. Gering says he ultimately wants to be a mentor to up-and-coming financial advisors.

Also Read: Mumbai Weather: Rain with gusty winds, dust sweep parts of Mumbai, Thane, brings relief from sweltering heat Local train services on Central, Harbour and Western railway lines are running behind schedule by at least 15 to 20 minutes. “Attention Mumbai commuters! Due to technical issues, all Western Line suburban trains are currently running behind schedule by 15-20 minutes. Please plan your journey accordingly and stay tuned for updates." “Due to sudden rains with gutsy winds, Main line and Harbour line suburban services are running behind schedule." An X user named N Sharma tagged Central railway and said that train was getting late more than one hour and there was no announcement.

Mumbai today saw a dust storm followed by rain showers. According to the Indian Meteorological Department (IMD), the city may experience rains for several hours today.

The real estate market in India is on fire. The penchant for bigger and better homes is not only increasing but is also breaching its own numbers. The country is witnessing a huge rise in housing demand, and realty firms are reporting record-breaking sales. Reports after reports are talking about this, and in the last two-three years an upward growth trajectory has been witnessed, which is getting steeper.

NTA CUET UG Admit Card 2024 Out: The National Testing Agency (NTA) has officially released the admit cards for the Common University Entrance Test Undergraduate (CUET UG) 2024 on the designated official websites – exams.nta.ac.in, nta.ac.in, and cuetug.ntaonline.in. It is recommended that candidates intending to participate in the forthcoming examinations promptly review and procure their admit cards to prevent any potential delays.

BENGALURU : Food-delivery company Zomato Ltd, which turned in its first full-year profit, is now doubling down on its rapidly growing quick-commerce business Blinkit, aiming to add 100 dark stores by June. By the end of this financial year, Zomato is targeting 1,000 Blinkit warehouses, the company said, announcing its quarterly results on Monday.

macher tel literally translates to fish oil. Sometimes it also refers to the skin of the fish. But it usually means innards, which consist of some fat, liver, intestines and gallbladder of the fish.

The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies.

AAUM) of northeastern states have grown by 145% from Rs 16,446 crore in March 2020 to Rs 40,324 crore in March 2024. This indicates a growing appetite among investors from smaller towns and cities to invest in mutual funds, according to a report by ICRA Analytics. The share of the northeastern states has increased to 0.73% of the total AAUM of the mutual fund industry and stood at Rs 55.01 lakh crore in March 2024. This has increased from around 0.67% in March 2020, when the industry’s AAUM stood at Rs 24.71 lakh crore. “Though the contribution of these states to the total AAUM of the industry is still small in percentage terms, there has been a steady and consistent growth in mutual fund inflows in these states backed by increasing awareness among people and the growing interest among retail investors for investing in equities through the mutual fund route, said Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics.

TEL AVIV—Every evening on TV news, Israelis get the latest on the Gaza war—cease-fire and hostage talks, Israeli military casualties, battlefield analysis and coverage of the Oct. 7 attacks by Islamist militant group Hamas that sparked the conflict. One thing that is almost always missing: the people of Gaza.

rain in Bengaluru disrupted operations at the airport and led to the diversion of nine flights to Chennai on Sunday, May 12, as per a Moneycontrol report. Bengaluru International Airport (BIAL), the operator of Kempegowda International Airport, attributed the diversions to heavy rainfall and lightning in the area.

Varanasi are all set to welcome their MP and Prime Minister Narendra Modi for a road show in the evening, the day before his nomination on May 14th from Varanasi Lok Sabha. Prime Minister Narendra Modi is seeking his third consecutive term from Varanasi.

apartment block collapsed after being struck by fragments of a Soviet-era missile, launched by Ukraine and shot down by Russia, Russian officials said.

Flipkart has begun active discussions to move its domicile back from Singapore to its country of origin, said people aware of the matter. The 17-year-old company is the country’s biggest consumer internet firm with a foreign domicile. The homecoming for India’s best-known technology startup, which is now valued at around $33 billion, could also potentially deliver a handsome tax gain for the Indian government. Flipkart Pvt Ltd is the holding company based in Singapore.

BEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see — let alone move into to — the apartments they said they paid for about eight years ago.