Citi Financial News

PTI, the Yuvajana Sramika Rythu Congress Party chief was attacked by unknown persons. Reddy suffered a small cut on his temple above the eye during his ‘Memanta Siddham’ Lok Sabha poll 2024 canvassing bus tour. "The stone struck the CM while he was acknowledging the crowds as part of his bus tour at Vivekananda School Centre in Singh Nagar, Vijayawada," the Chief Minister's Office (CMO) said a statement.

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Ashiana Housing on Saturday said it sold 224 luxury flats in Gurugram for Rs 440 crore within 15 minutes of its launch. The project is located at Sector 93 in Gurugram, Haryana. In a statement, the company said it has «sold out the entire phase 3 of its prestigious project, Ashiana Amarah within 15 minutes of launch». «We are very happy with the incredible response to Ashiana Amarah phase 3 launch. We started registration at 11 am and we had received 800 cheques for 224 units by 11.15. In 15 minutes it was oversubscribed four times,» Ashiana Housing Joint Managing Director Ankur Gupta said.

Delhi weather today, brought relief from excessive heat after the national capital witnessed heavy rainfall on Saturday evening. The Indian Meteorological Department (IMD) has predicted moderate to heavy rainfall with thunderstorms in many places of Delhi NCR, Noida, Greater Noida, Gurugram, etc in the next two hours.

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Ukraine's army chief said on Saturday the situation on the eastern front had deteriorated in recent days with Russia intensifying its armoured assaults and battles raging for control of a village west of the devastated city of Bakhmut. The statement by Colonel General Oleksandr Syrskyi more than two years since Russia's invasion evoked the increasingly grim mood in Kyiv as vital U.S. military aid that Kyiv expected to receive months ago remains stuck in Congress. Syrskyi said he travelled to the embattled area to stabilise the front as Russian assault groups using tanks and armoured personnel carriers took advantage of a period of dry, warm weather that was making it easier for them to manoeuvre.

Strait of Hormuz and seized the vessel Saturday, authorities said. Iran's state-run IRNA news agency acknowledged the seizure after a video seen by The Associated Press showed the commandos raiding the ship Saturday, an attack a Mideast defense official attributed to Iran amid wider tensions between Tehran and the West. The attack was earlier reported by the British military’s United Kingdom Maritime Trade Operations, which said it took place in the Gulf of Oman off the Emirati port city of Fujairah.

Vis Raghavan may not have been the most popular person at JPMorgan, but he had his chums there. And now that he's gone to Citi, people at JPMorgan are wondering who might join him.

When ChatGPT first came out, a lot of people in the investment banking industry felt that one of the most human and relatable things about it was its tendency to make something up when it didn’t know the answer.  Knowing when to admit ignorance and when to waffle is one of the higher level skills of the industry, after all.  A banker who never says “I don’t know; I’ll research it and get back to you” like Patrick Biggs at Morgan Stanley, is almost certainly a BS merchant who will blow up in the long term. 

Citi presumably wanted to keep Matt Fink. 

Dymon Asia Capital, the Singapore-based hedge fund, was opening a new office in Mumbai last time we checked. It’s been a while, however. Dymon already has offices in Hong Kong, Shanghai, Tokyo, Malaysia, and has its eyes on Dubai, with Mumbai now up and running.

Citi has finished stage one of its20,000 job cuts and it seems to have been more zealous than planned. 

Strait of Hormuz by helicopter Saturday, an attack a Mideast defence official attributed to Iran amid wider tensions between Tehran and the West. The video showed the attack earlier reported by the British military's United Kingdom Maritime Trade Operations. It had offered no details about the boarding in the Gulf of Oman off the Emirati port city of Fujairah. The defence official, who spoke on condition of anonymity to discuss intelligence matters, shared the video with the AP. Though the AP could not immediately verify it, it corresponded to known details of the boarding and the helicopter involved appeared to be one used by Iran's paramilitary Revolutionary Guard, which has carried out other ship raids in the past.

eastern front has deteriorated significantly in recent days" in the face of a heightened Russian offensive, Ukraine's commander-in-chief Oleksandr Syrsky said Saturday. Syrsky, who took over as commander-in-chief in February after Ukrainian President Volodymyr Zelensky fired his popular predecessor, Valery Zaluzhny, said Russians also had superior weapons. He spoke of «a significant intensification of the enemy's offensive after the presidential elections in Russia,» in the middle of March and added that decisions were being taken «to strengthen the most problematic defence areas with electronic warfare and air defence».

Institutional investment in real estate has declined by 55% during Q1 2024 to USD 552 million, due to the cautious approach of foreign investors amid global macroeconomic uncertainty, according to consultancy firm Vestian. Domestic investors showcased resilience and accounted for 98% of the total institutional investments received in the current quarter. Although the share has increased from 36% a year earlier, investments in value terms increased by only 21%. “Domestic investors are bullish about India’s growth story, continue to pour in investments in the real estate sector. On the other hand, foreign investors are cautious due to global macroeconomic uncertainty and geopolitical tensions,” said Shrinivas Rao, FRICS, CEO, Vestian.

Baisakhi celebrations at Guruji ka Ashram (Bade Mandir), notifying commuters about traffic regulations in specific areas of the city. In a post on X, the traffic police said: “In view of Baisakhi celebrations at Guru Ji ka Ashram (Bade Mandir) on April 13, 2024, traffic regulations will be effective." “Movement of heavy and medium commercial vehicles will be regulated on Bhatti Mines Road, Bandh Road, Chhatarpur Road and Sant Shri Nagpal Marg," it added. The advisory said “all emergency vehicles will be facilitated in reaching their destination".

Congress has fielded against Union Home Minister Amit Shah in Gujarat's Gandhinagar Lok Sabha constituency, said she was not at all hesitant to fight the upcoming election against the senior BJP leader. The 62-year-old leader, who is All India Congress Committee (AICC) secretary and the party co-incharge of Mumbai and western Maharashtra, claimed that anti-incumbency prevails as the Bharatiya Janata Party (BJP) has failed to fulfil the aspirations of people. She also accused the ruling party of intimidating Congress workers in her constituency and sought a «level-playing field» in fighting elections. In an interview to PTI, Patel said, «I had not asked for a ticket from the party as I was busy with Congress's affairs in Maharashtra, where I am co-incharge of Mumbai and Western Maharashtra. But the party fielded me from Gandhinagar and I accepted it.»

National Testing Agency (NTA) declaring the CUET PG Result 2024 today, April 13, the agency has released a list of toppers as well. Candidates who have appeared for the Common University Entrance Test (Postgraduate) 2024 can check and download the CUET PG 2024 Result from the official website at pgcuet.samarth.ac.in. The NTA conducted the CUET PG 2024 between March 11 and 28, 2024 via a computer-based test (CBT) in 572 different centres located in 262 cities including nine cities outside India (Manama, Dubai, Kathmandu, Muscat, Riyadh, Ottawa, Abu Dhabi, Vienna, and Qatar) How to check CUET PG Result 2024:

Salesforce is in advanced talks to acquire data-management software provider Informatica, the Wall Street Journal reported on Friday, citing people familiar with the matter. The price of the deal being discussed is below Informatica's current stock price of $38.48, which is a potential complication factor, the Journal said.

₹50 crore" to Congress MLAs to jump to the saffron party. According to a report by India Today TV channel, the chief minister alleged that the BJP is trying to break the elected Congress government by purchasing MLAs. "They have been trying to break my government for one year.

Congress leader and AICC general secretary Priyanka Gandhi Vadra is set to participate in the party's campaign rally here in Tripura on April 16, a day before Prime Minister Narendra Modi's rally at Swami Vivekananda Maidan here in Agartala. The senior Congress leader will lead a roadshow that will cover most of the city areas in support of CPIM-supported INDIA bloc candidate Asish Kumar Saha. Saha also happens to be the president of the Congress party's Tripura state unit. Sharing details of her visit, Congress MLA Sudip Roy Barman said, «She is scheduled to land here at the MBB airport in Agartala at 2.50 PM. She will lead a road show that will snake through different parts of the city, including Durga Chowmuhani, Colonel Chowmuhani, Paradise Chowmuhani, among other top landmarks and public places. She will fly out of the state after the event on the same day.»