Citi Financial News

Lok Sabha elections. “Who will win or lose from here, it's in people's hands, we will work hard... Election is just a formality, people make their mood for those who work for them.

Vedanta, which have rallied 39% in the last month, are now hovering above all its significant EMAs on the daily time frame with target prices going above Rs 500. Vedanta has seen a decisive spurt after a breakout around at Rs 280 zone last month and has soared almost 50% since then in a near-vertical rally, levitating the counter to overbought terrain on technical grounds.

fast food in our daily lives. A recent survey by YouGov India showed that more than anything else, quality of food and its price mattered the most to urban Indians while eating from quick-service restaurants. Around 93% of those surveyed voted for quality as a highly important factor while ordering food from fast-food chains.

Also Read | CEO Tim Cook satisfied with Apple's 'strong double-digit growth' in India as company reports record revenues The International Financial Services Centre Authority (IFSCA), which regulates financial services at GIFT City in Gujarat state, already allows banks to issue P-Notes. Also Read | Dabur share price gains as brokerages maintain bullish view after Q4 results; Should you buy the stock? Foreign funds issuing the notes would need to meet compliance requirements of IFSCA and the Securities and Exchange Board of India.

Adani Ports in the March quarter, brokerages increased target prices on the Nifty stock. Global brokerage firm Citi is among the biggest bull on the counter and has given a target price of Rs 1,782, which signals an upside potential of 32% from the current market price. Shares of Adani Ports, which have rallied 100% in the last 1 year, were trading at Rs 1,344 around 10 am on Friday.

Jefferies not only downgraded the stock to underperform but also slashed its target price by 44% to Rs 4,290 from Rs 7,650. The global brokerage has also warned of a de-rating as the acquisition of Cigniti Technologies adds another layer of execution risk.

Delhi, known for its scorching summers, has surprisingly remained below 40 degrees Celsius, except for one day, despite severe heatwave conditions gripping parts of the country. The India Meteorological Department (IMD) noted that strong winds and cloudy skies due to five western disturbances in April have kept the temperature in check. Meteorologists attribute the absence of extreme heatwaves in Delhi to these weather patterns, which have prevailed since the third week of April. Kuldeep Srivastava, a scientist at the Regional Weather Forecasting Centre, IMD, explained, «April this year saw five western disturbances. No significant amount of rainfall was recorded due to these western disturbances, but there was cloudiness and strong winds on many days, which prevented a rise in temperature.»

The price change in 24 carat gold in the last one week has been 1.23%, whereas in the last month it has been -4.02%. The cost of silver is Rs.83600.0 per kg up by Rs.700.0 per kg. Gold Rate Today in Delhi is ₹73681.0/10 grams.

Rahul Gandhi to contest from Raebareli, Kishori Lal Sharma from Amethi However, Rahul Gandhi's defeat in Amethi at the hands of BJP's Smriti Irani in the 2019 polls was seen as a blow to the party. Ending days of speculation, the Congress has nominated KL Sharma from its 'pocket borough' in the ongoing Lok Sabha election. Here's all you need to know about him: A Congress loyalist, KL Sharma hails from Ludhiana, Punjab.

An administrative law judge has ruled that Amazon CEO Andy Jassy violated labor law by making certain anti-union comments during media interviews two years ago

Rupala over his remarks on erstwhile 'maharajas, Prime Minister Narendra Modi on Thursday visited the scion of the Jamnagar royal family and praised the community for its sacrifices. Rupala is the BJP candidate for the Rajkot Lok Sabha seat, which goes to polls on May 7. Ahead of his poll rally in Jamnagar on Thursday evening, Modi met Jam Saheb Shatrusalyasinhji at his residence in the city. «Upon reaching Jamnagar, went to the residence of Jam Saheb Shri Shatrusalyasinhji and had a wonderful interaction with him. Meeting him is always a delight. His warmth and wisdom are exemplary,» Modi said on X.

Kristen Faulkner was talking about endurance, and suffering, and how comfortable she was when it comes to pushing her physical limits. I asked her where that stamina came from, if it was something she’d honed as a professional cyclist, or as a collegiate rower, or even in her early grinding in the world of investing. She had another answer: Alaska.

₹358.80 a share on the NSE on Thursday, down 1.98%, while the Nifty index closed at 22,648.20 points. Its total market capitalization stood at ₹4,997.71 crore. CVC Capital Partners, which purchased around 59% in Healthcare Global for ₹1,100 crore in 2020, raised its shareholding to over 60.4% later.

National Testing Agency (NTA) has released the admit cards for the National Eligibility-cum-Entrance Test (Undergraduate) 2024 examination. Candidates who have completed the registration process for NEET UG 2024 can go to the official website at exams.nta.ac.in/NEET to obtain their NEET admit card for the year 2024. Meanwhile, many students have been complaining about errors while downloading admid cards. Many also pointed out that they have encountered errors with the verification code after entering the login details.

Khaleej Times, an orange alert was issued on Thursday as heavy rains and thunderstorms lashed the desert city. The National Centre of Meteorology has said that the weather scenario was not anticipated to be as severe as what the city encountered on April 16. Also Read: 'Work from home, distance learning' in Dubai due to heavy rainfall warning.

Punit Lalbhai, VC & Executive Director, Arvind, says, «We are rapidly decarbonizing our energy footprint. So, a lot of renewables, we are replacing fossil fuels for thermal energy using agro waste, so sustainability is a very, very strong theme. So, I think these are the couple of big themes right now — consolidation, more verticality, and a huge focus on sustainability.» «In the 80s, I think when my father started getting very active in the business, he realised that traditional textiles were under a lot of pressure from the unorganised segment. So, he had this vision called Renovision, where he reinvented the company and pivoted it to an export-oriented model and that has what made Arvind the largest denim company in the world,» says Kulin Lalbhai, Executive Director, Arvind Ltd. How would reflect on the journey of the Arvind Group? Kulin Lalbhai: If we just go back to the journey of this group, I think one definition or one pattern has been that we have had a constant reinvention. I think for any business to survive for 100 years, you have to constantly change and as you said when we started out, when the whole Swadeshi movement was there, we were producing a lot of traditional textile clothing. In the 80s, I think when my father started getting very active in the business, he realised that traditional textiles were under a lot of pressure from the unorganised segment.

Hong Kong’s ZA Bank, a unit of China’s ZhongAn Online P&C Insurance, is reportedly exploring ways to offer virtual asset-related services after new regulations for digital assets launch in June.

Over the last few years, the Indian real estate sector has observed a notable shift, as homebuyers are increasingly looking out for serene and offbeat destinations that are far away from the hustle and bustle of metropolitan cities. Cities like Sonipat, Bhiwadi, Panchkula, and Meerut have emerged as premier locales for residential investments, boasting a blend of natural beauty, cultural richness, and a growing economy. This transition reflects a desire for a better quality of life, where serenity meets modern amenities in a relaxed environment.

Law enforcement officers gathered in large numbers on Wednesday evening at the University of California, Los Angeles (UCLA) to disperse a pro-Palestinian protest camp attacked the previous night by pro-Israel supporters.

₹73790.0/10 grams. Yesterday’s Gold Rate on 01-05-2024 was ₹73893.0/10 grams, and last week’s gold rate on 26-04-2024 was ₹74401.0/10 grams. Silver Rate in Delhi: Silver Rate Today in Delhi is ₹82900.0/Kg.

death toll from a highway collapse in southern China's Guangdong province has risen to 36, state media said Thursday, as rescue work continued. Heavy rains caused a stretch of road running from Meizhou city towards Dabu county to cave in at around 2:10 am on Wednesday (1810 GMT Tuesday), according to state news agency Xinhua.