Citi Financial News

Mumbai City FC has become the winner of Indian Super League 2024. In a thrilling match, at the Salt Lake Stadium in Kolkata, Mumbai City beat Mohun Bagan 3-1. It was kind of a revenge for the Mumbai team as last month the Mariners edged past the Islanders 3-1 to dethrone Mumbai City FC and get crowned the ISL Champions.

cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest rates rose.

Rahul Gandhi who was born with a «silver spoon», Union Home Minister Amit Shah said on Saturday. Addressing a campaign rally in Daman city in the Union Territory of Daman and Diu, Shah alleged the INDIA bloc robbed the quota meant for Dalits, tribals and backward classes and gave it to Muslims, whereas the BJP has always preserved and strengthened the reservation meant for SCs, STs and OBCs. He campaigned for BJP candidates for Daman and Diu as well as Dadra and Nagar Haveli Lok Sabha seats, which fall under the Union Territory of Dadra and Nagar Haveli and Daman and Diu. «In this election, you have two options. On the one side, you have Rahul Gandhi who was born with a silver spoon. On the other side, you have Modiji who was born to a family of a poor 'chaiwala',» said Shah.

Volkswagen has inaugurated a new store in the city under its expansion drive in the state, strengthening its retail presence in the country. With the setting up of a new outlet at Ambattur in the city, the total network for the automobile major stands at 26 sales and 20 service facilities in Tamil Nadu. «The Chennai Metropolitan area is one of the key markets for Volkswagen in India. In 2023, our Virtus was one of the highest-selling sedans in this market. With this inauguration of our newest touchpoint in Chennai, we are emphasising our commitment to the rising need for premium, safe, and reliable vehicles throughout India..», Volkswagen Passenger Cars India Brand Director Ashish Gupta said in a company statement on Saturday. The new store 'KUN Capital Motors' is headed by Director Arun Uppuswami and has a five-car display and 25 service bays, among others.

Connaught Place, on Saturday was on alert after an unattended bag was discovered at N Block of the area, reported ANI. «The unattended bag at N Block of Connaught Place was checked and nothing suspicious was found inside it,» said Delhi Police. Over the possibility of a threat, the area was cordoned off with the police team present at the spot.

Karnataka), Security has been beefed up at the Mangaluru International Airport (MIA) after the airport authorities received an email about a bomb scare, police said on Saturday. Following the threat received on April 29, the CISF and the police got into multiple levels of security sweeps all over the airport. A First Information Report has been registered in Bajpe police station stating that a certain group identifying itself as 'Terrorisers 111' had sent the emails. The FIR quoting the email has stated that «there are explosives placed in three places in the airport and we expect large scale bloodshed will happen. This warning and threat should not be taken lightly.» Commissioner of police of Mangaluru city Anupam Aggarwal has confirmed that the FIR has been registered.

Avenue Supermarts, which runs the popular DMart chain of retail stores, on Saturday, announced that its consolidated profit for the quarter ended March 2024 has jumped 22.4% to Rs 563 crore as against Rs 460 crore in the corresponding quarter of the previous financial year. The company's revenue jumped 20% year-on-year (YoY) to Rs Rs 12,727 crore. The retailer's EBITDA rose 22.3% YoY to Rs 943 crore while its operating profit margin also growth of 13 bps at 7.41%.

India Meteorological Department (IMD) and Indian National Centre for Ocean Information (INCOIS), the sea will witness a “swell of surge waves" from 11.30 am on Saturday to 11.30 pm on Sunday, the civic body said. During this time, the height of the waves will rise by 0.5 to 1.5 metres, it said.

The price change in 24 carat gold in the last one week has been 0.24%. whereas in the last month it has been -2.14%. The cost of silver is Rs.83500.0 per kg down by Rs.100.0 per kg.

bomb threats targeting schools in Delhi, a dedicated team of over 7,000 cops, intelligence agents, and bomb squads worked tirelessly to ensure the safety of the city. However, the spotlight shone on a special group of officers that played a pivotal role in these operations – the K-9 squad. Led by dogs with names like Remo, Gabbar, Loafer, and Lucy, these specially trained canines were deployed to sniff through classrooms and sanitize them, giving the authorities the green light to ensure the safety of the premises. For years, the K-9 squad has been an indispensable part of Delhi Police's bomb detection teams. «They are lifesavers, quite literally. They sniff out critical areas first, giving the team a breather and a heads-up on any threats,» said a handler. Currently, the Delhi Police boasts a team of 72 dogs, including 62 sniffers, seven trackers, and three narcotics specialists. The tracker dogs, which include breeds like Labrador, German Shepherd, and Belgian Shepherd, play a crucial role in crime spot investigations as well.

PNB Housing Finance plans to grow its loan portfolio by a minimum 17% in FY25, which would be the highest since 2019 as the lender is going full throttle on business expansion backed by comfortable capital position. About 97% of its business is now retail lending including the affordable housing segment.

Hamas has officially announced its intention to dispatch a delegation to Cairo in a bid to advance mediated negotiations. Leading the delegation will be Khalil al-Hayya, a prominent figure within the group, Al Jazeera reported. The statement released by Hamas reiterated the organisation's positive stance towards the proposed negotiations.

petrol bomb attacks on vehicles in several parts of Shillong over the past few days, Meghalaya Chief Minister Conrad K Sangma said on Friday that the state government will ensure that such incidents will not recur. The CM also assured the people that the situation in the state capital would be under control very soon. «We are working towards ensuring that such incidents won't be repeated. Police have taken steps. To make arrests on such incidents, we need proper evidence. As soon as we get the evidence, action will be taken,» the CM said.

Heatwave alert issued in THESE states; heavy to very heavy rains in North East Maximum temperatures settled in the range of 43-46 degrees Celsius in parts of Andhra Pradesh, Telangana, Odisha, Vidarbha, Madhya Maharashtra and 40-43 degrees in parts of Gangetic West Bengal, Marathwada and north interior Karnataka, Rajasthan, Uttar Pradesh, Jharkhand, Chhattisgarh, Madhya Pradesh and Gujarat. The IMD said the ongoing heatwave spell will continue until May 5-6 and abate thereafter in east India and the southern peninsular region.

has not forecasted any relief for the city in the past month. Delhiites and Mumbaikars, once envious of Bengaluru's perfect weather,are now poking fun at it.

The relegation tussle still involves three. And the contest for the remaining European qualification positions contains as many as five.

Air India announced on Friday that it will restart flight operations between Delhi and Tel Aviv on May 16. Due to tensions in the Middle East, the airline temporarily halted flights to and from Tel Aviv. In a post on X, Air India said it will resume «services between Delhi and Tel Aviv with five weekly flights from 16 May, 2024'.

Gold and silver rate today on 03-05-2024: Check latest rates in your city “Gold prices remained range-bound, hovering around the $2300 mark ahead of the release of the important Nonfarm Payroll and Unemployment data later in the evening. Market projections suggest lower payrolls, which could keep gold buyers interested, as weaker-than-expected Nonfarm Payroll data typically supports gold prices. Conversely, higher-than-expected data could add selling pressure," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Invictus Games, which was initially set up by Prince Harry in 2014, claiming the event has “lost its original meaning", several reports suggested. The games were supposed to a route help support wounded, injured and sick service personnel and veterans.

an intense heatwave swept through eastern India and parts of the southern peninsular region, according to the weather bureau. Parts of West Bengal, Bihar, Odisha, Tamil Nadu, Telangana, and coastal Andhra Pradesh recorded temperatures above the 44-degree Celsius mark.

ALSO READ: TCS World 10K in Bengaluru: Namma Metro to start services early, traffic restrictions and more | 5 points Adding more details, the city traffic police said that the Bengaluru Metro Rail Corporation Limited (BMRCL) has already started the work to lay a 220 kV cable along the metro line. It also said that BMRCL will carry out the work from Salarpuria Soft Zone on the Ibbalur service road towards Bellandur's Centro Mall.