Citi Financial News

Real estate consultant Cushman & Wakefield on Friday released the data for launches of residential properties in the primary (first sale) of eight major cities. New supply has increased in Bengaluru and Mumbai but declined in Delhi-NCR, Chennai, Hyderabad, Pune, Kolkata, and Ahmedabad. Out of the total launches of residential properties in this quarter, the high-end and luxury segment had a 34 per cent share.

Russian missile and drone attacks hit thermal and hydro power plants in central and western Ukraine, power grid operator Ukrenergo said on Friday, the latest assault on the already damaged power infrastructure. «During the night, the Russians struck again at energy facilities in a massive and combined attack,» Ukrenergo said on the Telegram messaging app.

Akasa Air has commenced its international operations with its inaugural overseas flight departing from Mumbai to Doha, Qatar. In a statement on Thursday, the airline said it has been granted traffic rights for three other international destinations — Kuwait, Jeddah, and Riyadh. Akasa will be rapidly expanding its global footprint in the coming months, the statement said. Further, the airline said with its conveniently timed flight schedule, travellers from other domestic cities such as Ahmedabad, Goa, Varanasi, Lucknow, Bengaluru, Kochi, and Delhi will also have multiple connecting options for travel to and from Doha via Mumbai.

Obama and Bill Clinton dug into an issue that has vexed economists, political strategists and the White House on Thursday — if the U.S.'s fiscal numbers are so good, why are Americans so unhappy about the economy? Speaking at a high-dollar fundraiser for President Joe Biden at New York's Radio City Music Hall, Obama and Clinton urged thousands there to stick with the Democratic president for a second term, while trying to pin down the reasons economic concerns are high despite job growth, healthy spending and better-than-expected GDP increases.

'Welcome to Wrexham' Season 3 will be delayed. FX announced Thursday that the third installment of Ryan Reynolds and Rob McElhenney's football drama will now be released on May 2, reports 'Collider'. 'Welcome to Wrexham' Season 3 was originally scheduled to be released on April 18, but it was pushed and FX did not give a reason. The sports documentary series narrates the struggle of Reynolds and McElhenney and depicts how they navigate their ownership of the world’s third-oldest professional soccer club in the northern Welsh city of Wrexham. In a statement issued Thursday, FX said, «In 2020, Rob and Ryan teamed up to purchase the 5th tier Red Dragons in the hopes of turning the Club into an underdog story the whole world could root for.»

The six victims of the Francis Scott Key Bridge collapse were all immigrants from Mexico and Central America, doing the kind of grueling work that many immigrants take on, when a container ship crashed into a support pillar at 1:30 a.m. EDT on Tuesday (0530 GMT) and sent them plunging into the icy Patapsco River. Divers pulled the bodies of Alejandro Hernandez Fuentes and Dorlian Castillo from a red pickup truck 25 feet underwater the following day.

Global Capability Centres (GCC) — the first draft of which is expected in June — top executives told ET that the policy should include investment in the growth of infrastructure in tier 2 cities through initiatives like Beyond Bengaluru. Local incentives on new and renewed investments based on employment creation in the State is another top suggestion. Industry leaders said that there should be single window approval cells and fast track resolution on issues reported. The policy should provide a mechanism for the industry to address requirements from various wings of the State government, they said.

Maryland Motor Truck Association President and CEO Louis Campion discusses the impact of the Francis Scott Key Bridge collapse on truck and shipping routes on 'The Bottom Line.'

Georgia lawmakers have agreed to change a state law so that a private utility can provide water service to homes near Hyundai's upcoming electric vehicle plant without permission from local governments

Kestra Financial has just gotten bigger as it partners with a practice in the Big Apple, Borger Financial Services, which brings more than $600 million in client assets under management to its advisory network.

Sam Bankman-Fried, former CEO of defunct crypto exchange FTX, has been sentenced to a 25-year prison sentence related to the fraudulent use of customer funds at the exchange.

₹2.5 crore every month, Jitendra Jagadev, co-founder and chief executive officer (CEO) of HelloWorld and NestAway, said. HelloWorld, which was operating 7,400 beds pre-acquisition, manages around 15,000 beds today. Nestaway has scaled to 20,000 rental units from 15,000 units.

Gold and silver prices Today on 28-03-2024: Check latest rates in your city “Gold prices were trading higher amidst positive sentiment regarding interest rates, but the rise in the dollar index could exert pressure on gold. Strong resistance is observed around the 2200-2215$ range. In Comex, major support is identified at 2180$, while in MCX, it is at 66000.

French President Emmanuel Macron has told Brazilian executives that a proposed deal between the European Union and the South American trade bloc Mercosur is bad for both parties

The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years

Nic Malick felt so “road-trip rich" early this month that he and his wife drove their children 150 miles to Springfield, Mo., visiting friends and trying the brisket at Buc-ee’s, a convenience store chain with a cultlike following. Another getaway isn’t looking likely. “With gas prices the way they are, it doesn’t make sense," said Malick, who lives outside of Kansas City, Mo., and is now spending as much as $20 more on gas a week.

The Thriving Global Market for Used Cars Among the car models, the Renault Kwid, Grand-i10, and Baleno emerged favourite among women buyers aged between 30-40 years. "'Lady Luck' promotion, offered during the month of March, featured exclusive discounts of up to ₹25,000 on car purchases.

Digitalisation of business, when companies increasingly use digital tools to create efficiencies, understand the market, and reach out to the customer, is gathering pace even after the pandemic which gave a booster shot to e-commerce. India's fast moving consumer goods (FMCG) companies are increasingly betting on digital advertising to reach customers.

Footprints, an early childhood education and childcare services has unveiled its expansion strategy. The company aims to add up to 7 centers in Gurgaon and increase its capacity to over 2000 children, reaching 80 centers in Bengaluru and 100 in Delhi. Footprints, the tech-enabled preschool brand in India, is about to go through a significant expansion. Their goal is to reach 350 centers by 2025 and secure a top three position with a projected revenue of Rs 275 crore, concentrating on Tier-1 and 2 cities. In a statement, Footprints says it has identified strategic areas for growth, focusing on tier-1 and select tier-2 cities with a high density of urban families. These locations fit with Footprints' educational offerings and show a strong demand for early education. By the end of 2025, Footprints intends to almost quadruple its present footprint, going from 20 cities to nearly 40 cities in India.

BSE on Thursday, March 28, after brokerage firm Kotak Institutional Equities (Kotak Securities) initiated coverage on the stock with a buy recommendation. India Shelter share price opened at ₹608.65 against its previous close of ₹585.60 and soon rose about 5.7 per cent to hit the level of ₹618.75. Around 10:15 am, the stock traded 5.07 per cent higher at ₹615.30.

₹3,402 crores. GOCL Corp share price opened at an intraday high of ₹453.35 apiece on BSE.