Citi Financial News

KYIV (Reuters) -A man was killed and at least eight people were wounded in a Russian missile attack on the Black Sea port city of Mykolaiv on Sunday, Ukrainian officials said, after an overnight strike on Odesa on the last day of Russia's presidential election.

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Procter & Gamble, Dollar General (NYSE:DG), UiPath (NYSE:PATH) and Thor Industries (NYSE:THO); downgrade for Tesla (NASDAQ:TSLA)

digital revolution that’s overshadowed many global markets, rapid urbanisation, growth of the premium consumer segment, and an increasingly robust regulatory framework, India seems poised to achieve its target of becoming a $10-trillion economy. Broad-based recovery, higher private capex, loans to tier II and tier III areas, better capitalisation of investments and a massive push on education and upskilling are critical components of this growth trajectory. Piramal Group chairman Ajay Piramal, Larsen & Toubro managing director SN Subrahmanyan, Nykaa founder Falguni Nayar and Hindustan Unilever managing director Rohit Jawa talked about what it will take for India to achieve its targets in a discussion moderated by Arijit Barman. Edited excerpts: In the last one year, the retail sector has seen a decline in value and volume growth in rural and lower income markets. Is this year’s recovery because of a lower base or is consumption demand returning?

Vladimir Putin. Putin is poised to extend his nearly quarter century of rule for six more years after a relentless crackdown on dissent.

Saudi Arabia is considering transferring ownership of national carrier Saudia to the sovereign wealth fund, the Public Investment Fund, two sources familiar with the matter said. The transfer would include other assets owned by Saudia, one of the Middle East's oldest airlines, including its low cost unit, Flyadeal, the sources said.

Here's your Pro review of the main events in the stock market for the week ahead.

Piramal Group, Piramal Realty, on Sunday inaugurated the Radha Govindadeva Mandir of the International Society for Krishna Consciousness (ISKCON) in Thane. The temple complex, spread over approximately 4,000 sq. ft., is situated within the Piramal Vaikunth residential complex in the city. The temple in Piramal Vaikunth, Thane, is the first ISKCON temple inside a gated community in Maharashtra, the company said in a press release.

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

NEW DELHI : Soho House is looking to expand its presence in India by adding two more ‘houses’ to its existing business here in the next few years, a senior executive of the global hotel chain said. The luxury members-only club -- which currently operates its 'house' in an asset-light model out of an 11-storied townhouse in Mumbai — first began operations in 1995 in London. The company's current membership costs about ₹1.6 lakh per annum for individuals if they want to enroll for just one house (say the one in Mumbai) and ₹3.1 lakh for all-house access.

Infosys, Wipro, as well as well-known start-ups, has been hit by a crippling water outage that has left taps dry across parts of the city just weeks ahead of general elections. The water crisis in Bengaluru presents a daunting challenge exacerbated by rapid urbanisation and population growth, and it is impacting households as also the IT and tech hubs' operations, say city residents who are facing stringent water restrictions. Local residents and industry blame the severe water shortage on rapid urbanisation without proper planning, unequal and improper distribution, poor water management and negligence by local authorities.

Let's start with your personal story I attended St. Columba's School in Delhi, with deep roots in the capital city. Spouse holds a degree from IIM Ahmedabad and operates as an independent educational consultant. Proud parent of a final-year student at Yale University and a daughter currently attending class 11 at Cathedral School. Native to Delhi, fostering a profound understanding of the city's dynamics and culture. How did you land up in this job? I was recruited by S Naren at ICICI Prudential Mutual Fund in April 2016 to lead the Investment Research division. Progressively assumed responsibility as a Senior Fund Manager, overseeing select key strategies. Presently serving as Deputy CIO Equity, where my comprehensive macroeconomic perspective steers the investment approach of the fund management team.

Financial Services Secretary Vivek Joshi has said that public sector banks have been asked to check mis-selling of insurance products and ensure protection of account holders' interest. Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring policies from the bank customers, he told PTI in an interview. «Banks have been asked to give utmost importance to the interest of account holders,» he said. There have been instances where life insurance policies were sold to customers aged above 75 years in tier-II and III cities.

Shiv Sena and NCP have made the battle for the 48 Lok Sabha seats in Maharashtra more interesting, besides the focus on traditional issues like unemployment and farmer suicides. Lok Sabha polls in Maharashtra will be held in five phases on April 19, April 26, May 7, May 13 and May 20. Counting of votes will be held on June 4. The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18. The undivided NCP had emerged victorious on four seats, the Congress one, while the AIMIM and an Independent accounted for the remaining two. A total of 9.2 crore persons, including more than 50,000 centenarians, are eligible to exercise their franchise in the ensuing Lok Sabha elections in Maharashtra, an increase of 34 lakh from 2019. Here is how the political landscape in various regions of Maharashtra looks like ahead of the ensuing Lok Sabha elections.

Gold And Silver Prices Today: Gold prices saw a slight decrease on Sunday. The cost of 24 carat gold is Rs.6680.5 per gm down by Rs.131.0. The cost of 22 carat gold is Rs.6119.3 per gm down by Rs.120.0.

Kerosene consumption in the country has declined sharply by 26 per cent CAGR between 2013-14 and 2022-23, mainly due to government policies to promote clean energy. The latest 'Energy Statistics India 2024' of the National Statistical Office (NSO) stated, «The impact of energy policies of recent time is evident on the consumption of kerosene as a fuel in the country». The data showed that the consumption of kerosene has seen a steady decreasing trend with a compounded annual growth rate (CAGR) of (-) 25.78 per cent from 2013-14 to 2022-23. The report stated that among all the petroleum products the HSDO (diesel), which has the highest share of consumption (38.52 per cent) during 2022-23, experienced a positive growth of 12.05 per cent over the last year.

In East Madhya Pradesh, the weather department has predicted light to moderate rain accompanied with thunderstorm, lightning at at some places during 17- 19 March and with gusty winds gusting to 50 kmph) at isolated places on 20th March. The weather office has also predicted hailstorm at isolated places during 17th-19th March.

Moneycontol. “The employer must grant a paid holiday to all eligible employees on the day of the election. They must ensure that there is no deduction or abatement of wages," Moneycontrol quoted Partner at RR Legal, Abhishek Awasthi as saying.

Yemen's Houthi rebels saw an explosive detonate near a ship early Sunday in the Gulf of Aden, potentially marking their latest assault on shipping through the crucial waterway leading to the Red Sea. The British military's United Kingdom Maritime Trade Operations center said the vessel's crew saw the blast as it passed off the coast of Aden, the port city in southern Yemen home to the country's exiled government. «No damage to the vessel has been reported and the crew are reported safe,» UKMTO said.

election that is guaranteed to cement Vladimir Putin's hardline rule. The three-day vote has already been marred by a surge in fatal Ukrainian bombardments and a series of incursions into Russian territory by pro-Ukrainian sabotage groups.

Election Commission (EC) notified the dates for the Lok Sabha polls, Prime Minister Narendra Modi set the tone for an expected third term in office, saying he works for deadlines, and not headlines. In a keynote address at the India Today Conclave in the national capital on Saturday, PM Modi said, «Whenever I come to a conclave like this, those in the audience expect me to say things that will make loads of headlines. However, I am someone who works towards deadlines, not headlines. So I might be making some points that the media may not find too attractive.» He said he wanted to expand on certain welfarist initiatives of the Centre that rarely appear on newsprint or are extensively covered by the broadcast media.

Israel-Gaza war: At least 20 people killed, 155 injured in shelling while awaiting food aid in Gaza, says report On Friday, Israel said it would send a delegation to Qatar for more talks with mediators after its enemy Hamas presented a new proposal for a ceasefire with an exchange of hostages and prisoners. The delegation will be led by the head of Israel's Mossad intelligence agency, David Barnea, a source familiar with the talks said, with Prime Minister Benjamin Netanyahu seeking to convene his security cabinet to discuss the proposal before the talks start.