Citi Financial News

Vistara citied "various operational reasons" and "high utilisation of resources" as a cause of the cancellations and delays. In a statement, Vinod Kannan said the situation has already improved with its on-time performance improving for the last three days. "We hope to stabilise our operations for the rest of April 2024 by this weekend." Referring to the new contract for pilots, the CEO of the airline with 1,000 pilots, said “over 98 per cent of pilots have signed the new contract", however some pilots have some concerns and queries regarding the contract.

As Citigroup goes through the process of extracting 20,000 jobs, it's been given a steer by Boston Consulting Group (BCG), whom insiders say has spent the past six months or so examining slides and organization charts assembled by current employees and deciding who is superfluous. 

Both Citi and Barclays may have been seen recently trimming headcount across their investment banks, but Barclays is also hiring. Its new recruits include a Morten Eikebu, who is fresh from a 15 and a half year stint at Citi in London.

I worked with Gary Stevenson, the ex-Citigroup trader, YouTube anti-inequality campaigner and author who now claims he was the best trader in the world and who spends his time campaigning for a wealth tax. Like many of Gary's other former colleagues, I don't recognise the world he portrays in his book 

Achintya Mangla didn't stay long in New York. After moving from London to JPM's New York headquarters to become global head of equitycapital markets in September 2022, the bank today waved him on his way.

It's been a rough few months for Edward Ruff, a 40-year-old managing director at Citigroup in New York. 

Sunak eagerly faced Anderson, who recently achieved the milestone of 700 Test wickets. In a lighthearted exchange, Sunak jokingly requested Anderson to take it easy on him, to which the bowler responded with a playful "We'll see." Despite the challenge, Sunak confidently confronted Anderson's deliveries, drawing admiration from spectators, including budding academy players. Reportedly, Sunak expressed his intent to join at the venue while enjoying the training session, stating, "Looks like I'll be hanging around here for the rest of the day.

The price change in 24 carat gold in the last one week has been -2.66% whereas in the last month it has been -6.72%. The cost of silver is Rs.81700.0 per kg down by Rs.400.0 per kg. Gold Rate in Delhi Gold Rate Today in Delhi is ₹72118.0/10 grams.

Also Read: Crew: 3 important money lessons from this Tabu, Kareena and Kriti starrer A shiver will go down your spine often as you see her battle evil. If you apply those moments to your money life, you will see huge lessons to learn. You have seen enough horror films where Satan marks his presence with a number: 666.

Co-living property operators are looking to bolster their revenue streams by collaborating with developers for build-to-suit (BTS) properties, providing short-term stays and signing hospitality partnerships in the aftermath of the Covid-19 pandemic. “The BTS properties we offer are designed in-house by a team of architects in collaboration with a panel of students to ensure that their specific needs and preferences are integrated into the design,” said Parth Soni, co-Founder of Union Living. Union Living is offering 500 beds in Mumbai and Pune. By June, its operational co-living beds are set to increase to 1,500 across nine properties in the two cities.

earthquake on April 5, measuring 4.8 magnitude on the Richter scale, followed by an aftershock, as per a Reuters report. "If there is an aftershock, people are encouraged to drop and cover and to hold, drop to the floor, cover your neck, and hold onto something that is sturdy," New York Governor Kathy Hochul stated, as quoted by CNN. Hochul further advised residents to exercise caution, especially around buildings, particularly high rises.

Times of India reported. Light showers can gradually turn into moderate rainfall during the second half of the festive week in Bengaluru, he said adding that the rain would be scattered all over the city.

tentative timeline has been released for how soon authorities believe they can reopen crucial commercial shipping channels. President Joe Biden also visited the port city. And federal and state authorities are ramping up efforts to soften the economic blow to businesses and residents who work in Maryland's maritime industry.

IPL team Royal Challengers Bengaluru (RCB), as per reports. According to the notice by the National Green Tribunal, it is based upon a media report that mentioned the Stadium getting treated water supply amid water crisis in the city. The NGT bench is headed by Justice Prakash Shrivastava, which, on April 1 this year, passed the direction to the Bangalore Water Supply and Sewerage Board to file a detailed report about the amount of and source of water being supplied to the cricket stadium.

SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, such vehicles account for only about a 10th of the total sales volume. That's because just a third of the 47 models with SUV branding sold in the Indian market have an engine capacity of 1,500 cc and above, a length of 4 metres and more, and ground clearance of 170 mm and higher. Those are the criteria based on which a vehicle is defined as an SUV for the purpose of computing goods and services tax (GST). Total car sales rose to a record 4.23 million units in the last financial year, up 8.7% from the previous year, with the big-time shift to SUVs — which crossed the 50% market-share mark for the first time in FY24 — having ostensibly underscored the surge.

Reuters. "If there is an aftershock, people are encouraged to drop and cover and to hold, drop to the floor, cover your neck, and hold onto something that is sturdy," CNN quoted Kathy Hochul as saying, requesting New Yorkers to take caution around the building, especially high rises if there are any aftershocks. Hochul added, "If you hear shifting or any noises, unusual noises, leave your home, go outside." Apart from this, she urged New Yorkers to inspect their homes for damage which included checking all walls, doors, floors, and windows and inspecting waterlines and gas lines. ALSO READ: New York earthquake: FAA holds flights for city airports till noon, warns passengers of 30-40 minutes delay However, New York City Emergency Management Commissioner Zachary Iscol said that there is a low likelihood of aftershocks.

Reuters as saying. The earthquake centred near Whitehouse Station, was reportedly the third largest in the last 50 years and the 10th-strongest of all time in the Northeast. According to the data cited by CNN, the largest earthquake of 5.3 magnitude quake took place in Au Sable Forks, New York, in 2002.

New York earthquake: After the strongest earthquake in 140 years rattled New York on Friday, the Federal Aviation Administration (FAA) said the 4.8 magnitude earthquake may impact air traffic in several areas. The aviation agency also put a pause on flights for the city till noon, while warning passengers of 30-40 minutes delay in New York flights. "A 4.8 magnitude earthquake in New Jersey may impact some air traffic facilities in New York, New Jersey, Philadelphia and Baltimore.

earthquake was reported around 10:23 AM and was centered near Lebanon, New Jersey, or about 45 miles west of New York City. The authorities said that at least 42 million people were affected by the earthquake, but no damages to lives and properties were reported. “The quake's epicenter was in Tewksbury in central New Jersey, about 40 miles (64 kilometers) west of New York City.

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Southest Asian finance ministers and central bank governors have ended meetings in the Laotian city of Luang Prabang citing progress in building stronger regional institutions, but also noting serious challenges due to geopolitical tensions and volatil...