Citi Financial News

Manish Sisodia will approach the high court against a city court's Tuesday order, refusing bail to him in the alleged excise policy scam case, AAP said. In a statement, the party said that Sisodia's bail plea was rejected by the Rouse Avenue Court. The court dismissed Sisodia's bail pleas in corruption and money-laundering cases lodged by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) in connection with alleged irregularities in the formulation and execution of the excise policy of 2021-22. Special judge Kaveri Baweja denied the relief, saying the stage is not right to grant bail to Sisodia.

Issuers  are expecting  approximately $300 million in combined first-day inflows for the six new Hong Kong spot-crypto ETFs, with a preference for  Bitcoin  funds.

gold in the last one week has been -0.4%. whereas in the last month it has been -6.08%. The cost of silver is Rs.83900.0 per kg Gold Rate Today in Delhi is ₹73893.0/10 grams.

Bengaluru weather update: For the second day running, Bengaluru city saw its maximum temperature hold steady at 38.5 degrees Celsius, according to CP Patil, Director of Meteorological Centre, Indian Meteorological Department (IMD), Bengaluru. Meanwhile, Raichur district in Karnataka recorded the highest temperature in the state at 43 degrees Celsius, PTI reported. IMD had previously forecasted that Bengaluru's maximum temperature would reach 39 degrees Celsius today.

UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore.

China Southern Airlines is launching China’s longest commercial flight from the southern city of Shenzhen to Mexico City. This will surpass the airline’s previous longest route from Guangzhou to New York city. While the latter covers a distance of 12871 kms, the former will cover a distance of 14147 kms, one way, as per a report on CNN. This flight from Shenzhen to Mexico city will be a 16 hour long non stop journey and the distance is expected to be covered in 16 hours. The departure from Shenzhen will be on every Tuesday and Saturday. This service will commence from May 11.

Arsenal showed a fine performance on the field by beating arch rivals Tottenham 3-2 during an away game. After this crushing victory, The Gunners remained at the top of the table by one point, and with three more games to come, Mikel Arteta's squad will go ahead with all guns blazing to attempt a title win after almost twenty years, according to The Sun report. Although Manchester City, who are the champions from the last season, still have a game in hand and also have a chance at grabbing a title win.

Netflix announces the highly anticipated third season and accompanying world tour. Set against the backdrop of the Regency Era, this unique event promises to transport viewers into the extravagant world of the Ton, unfolding glamour, romance, and drama across ten countries. Exclusive Experience

Gold and silver rate today on 29-04-2024: Check latest rates in your city “Of particular importance is the US interest rate decision, which is poised to strongly impact Gold. Anticipation of two rate cuts could provide support for gold, whereas emphasis on higher rates for a longer duration may exert pressure. Hence, the week ahead is anticipated to be pivotal for gold markets," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The warm investor reception the deal is getting “may say more about strong demand for new issuance than the prospects for Boeing credit," said Bill Zox, a portfolio manager at Brandywine Global Investment Management. Moody’s also has the company’s outlook at negative, and all three of the graders now have Boeing at a step above high yield. Boeing Chief Financial Officer Brian West said last week during a conference call that he intends to protect the company’s investment-grade rating, and that the company still has access to $10 billion in untapped credit lines.

₹1,400 crore. The latest acquision will see the Karnataka-based hospital chain increase its bed count from 9,500 currently to more than 10,500, making it the largest healthcare group in the country, it said in a statement. Earlier, Apollo Hospitals was the biggest hospital chain in the country with around 10,103 owned and operated beds as of 31 March 2024.

travel and tourism sector is all set to add 5.82 crore jobs across the country by 2033, a top executive of global technology and digital talent solutions provider NLB Services said on Monday. «The growing synergy of the sector has led to steadfast employment generation across the country both in tier I and II locations. In the pandemic year 2020, the tourism sector accounted for 39 million jobs, constituting 8 per cent of the nation's total workforce. Post the pandemic recovery tenure, this was one of the sectors that saw the quickest recovery,» NLB Services CEO Sachin Alug said in a statement. Incidentally, talent demand in tourism recorded a 44 per cent spike in August 2023, and 1.6 million additional jobs were expected to be added in the calendar year 2023, he said.

Almost threefold growth has occurred in Indian benchmarks over the past decade. The meteoric rise of the stock market has also attracted retail investors' participation in India's equity markets. Income from investments attracts taxes in the form of dividend distribution tax (DDT), long-term capital gains (LTCG), and short-term capital gains (STCG), which individual investors must understand carefully. If investors do not engage in proactive tax management, these taxes have the potential to reduce their total returns. 

hiring climate seems to be improving in oil & gas, some segments of information technology and for senior managers. Naukri’s JobSpeak Index for March, a measure of white collar hiring, showed hiring in oil & gas rising 22% over the previous year. Hiring demand for professionals with 16 or more years of experience was up 11% on a year-on-year (YoY) basis. Demand for AI and machine learning roles grew by 12% over March 2023, the report said.

gold in the last one week has been 0.88% .whereas in the last month it has been -7.71%. The cost of silver is Rs.83900.0 per kg down by Rs.600.0 per kg. Gold Rate Today in Delhi is ₹74114.0/10 grams.

Thought you were done traveling for work? Think again. Videoconferencing hasn’t made in-person meetings obsolete. Scattered workforces have in some cases resulted in more trips, not fewer.

Prajwal Revanna, who is accused of sexual assault on thousands of women, filed a complaint on Sunday claiming the viral videos are “morphed" and are being circulated to “tarnish his image and poison the minds of voters" during the Lok Sabha elections 2024. Prajwal Revanna had also filed a case against a man named Naveen Gowda. In his complaint, he had alleged that the visuals had been morphed to show him and also obtained an ex-parte injunction from the Principal City Civil and Sessions Court against 89 media houses preventing them from publishing any “defamatory" content about him.

Tornadoes that tore through Oklahoma have flattened buildings across one rural town, killing at least four people, causing widespread power outages and leaving a trail of destruction, Gov. Kevin Stitt said Sunday. Nearly 30,000 people remained without power after tornadoes began late Saturday night. The damage was extensive in Sulphur, a town of about 5,000 people, where some downtown buildings were reduced to rubble and roofs were sheared off houses across a 15-block radius. «You just can't believe the destruction,» Stitt said. «It seems like every business downtown has been destroyed.»

These events, unfolding against the backdrop of heightened tensions in the ongoing Israeli-Palestinian conflict, underscore the challenges faced by universities nationwide as they grapple with the increasingly visible demonstrations and encampments on their campuses.

movie mogul has been admitted to a Manhattan hospital for various tests upon his return to New York City, as per an AP report. This came after an appeals court decision overturned his 2020 rape conviction. Attorney Arthur Aidala said that Weinstein was taken to Bellevue Hospital in Manhattan on April 26, adding, “They examined him and sent him to Bellevue.

Rights issues 2024: Shares of Billwin Industries Ltd will be in focus when the stock market opens on April 29 (Monday). The Board of Directors of Billwin Industries has declared rights issue of equity shares for the eligible shareholders. The company has fixed April 29, 2024 as the record date for the purpose of determining the eligibility of equity shareholders to receive the rights entitlement in the rights issue.