Citi Financial News

Mint explains how the rental story may play out: Residential rents have seen a remarkable turnaround post-pandemic. Last year, average monthly rentals in parts of the top 7 cities soared over 30%, according to Anarock Property Consultants. Bengaluru saw the steepest rise, with high demand due to the ‘back to office’ mandate by firms, and low supply of ready projects.

₹1.10 trillion, was now controlled by the state. How are these two events connected? Finance Commissions and their work might seem remote from the concerns of most citizens, but in fact they are highly contentious. Most of the controversy centres around how taxes are shared with states, and how certain types of taxes, such as surcharges and cesses, are kept out of the shareable tax pool.

In an increasingly digital world, our reliance on the internet has grown exponentially. From managing our finances and shopping to staying connected on social media, our lives are intricately woven into the online fabric. While the benefits are immense, so too are the associated risks. Cyber threats and attacks loom large, targeting not just businesses, but individuals. The question is: Are you prepared for the unexpected? Do you have a safeguard for your digital assets? Here's why investing in individual cyber insurance is not just a prudent choice; it's a necessity.

RIL) on Monday rallied over 5% to hit a fresh 52-week high of Rs 2,826 on Monday with its market capitalisation crossing the threshold of Rs 19 lakh crore. RIL's December quarter results were largely in-line with market expectations with its O2C EBITDA dropping 14% QoQ to Rs 140.6 billion due to maintenance in multiple units combined with lower cracks & deltas. Jio’s EBITDA was up 1.4% QoQ to Rs 142.6 billion, while Retail EBITDA rose 8% QoQ to Rs 62.7 billion. RIL's profit after tax stood at Rs 19,641 crore in Q3FY24, down 1.2% QoQ and up 10.3% YoY and above market expectations of Rs 18,080 crore.

Delhi, the morning was characterized by moderate fog, contributing to a chilly atmosphere, with the minimum temperature recorded at 6.8 degrees Celsius—two notches below the seasonal average. The weather conditions reflected a continued wintry grip on the northern regions, impacting visibility and emphasizing the lower temperatures experienced in the affected areas. Also Read: Alerts issued for heavy rainfall, severe cold wave; Varanasi Vande Bharat among several trains delayed: See IMD forecast According to the India Meteorological Department (IMD), “Minimum Temperatures and their Departure over the Plains of North India." In recent temperature readings across various regions, Sabaur in Bihar reported a minimum temperature of 5.0°C.

Ayodhya in the north to Guwahati in the east and Trimbakeshwar in the west to Thiruvananthapuram in the south for a comprehensive survey and rehabilitation initiative, focusing particularly on adults, including women and children, a TOI report stated. As per the report, the Ministry of Social Justice and Empowerment is set to collaborate with district and municipal authorities to pinpoint 'hotspots' in these cities, with the ambitious goal of making them beggar-free by 2026.

Hindustan Times, Livemint's sister publication. The aforementioned firms shared their presentations on Saturday comprising the development model and other details of their respective projects before the Yamuna Expressway Industrial Development Authority (Yeida) committee. The committee was headed by Manoj Kumar Singh, the additional chief secretary of the Uttar Pradesh government and state’s infrastructure and industrial development committee.

SIDBI ET MSME Conclave was organised in Bhubaneswar on January 19. The event — Empowering MSMEs: Forging a Resilient Future — was organised by Small Industries Development Bank of India (SIDBI) in association with The Economic Times, with an aim to uplift innovation and entrepreneurship in the capital city of Odisha. The high-powered event saw a large gathering of MSMEs and industry stakeholders. The SIDBI MSME Conclave in Bhubaneswar hosted enlightening fireside chats and panel discussions with stakeholders and industry leaders on topics such as building a startup hub, encouraging innovation and fostering collaboration in the MSME clusters in Odisha. The MSME conclave began with a speech from Sudatta Mandal, DMD, SIDBI.

China Evergrande, China Evergrande New Energy Vehicle Group, and Evergrande Property Services was halted. The benchmark Hang Seng Index was up 1.2 percent.

Ayodhya Ram Mandir: The Indian Railways have announced a special Aastha train service from Jharkhand's Jamshedpur to visit the newly built Lord Ram Lalla temple in Ayodhya. As per The Avenue Mail report, this special Aastha train will run from Tatanagar in Jamshedpur to Uttar Pradesh's Darshan Nagar station. As per Google Maps, the distance from Darshan Nagar station to Ayodhya Ram Mandir is about 6-8 km.

Five years after Bengaluru’s Church Street received a facelift, it is struggling with dumped garbage, broken pavements, damaged street lights, brazen illegal parking and inadequate maintenance in general. It has been painful to observe this deterioration right outside my office. At this point, you are perhaps rolling your eyes and saying “what’s new?", since we all know about the corruption in local government, incompetence of city authorities and the ‘lack of civic sense’ among our people.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for American Airlines, Exxon Mobil, Sunoco, Avis Budget, and Coinbase,

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

OnePlus 12 series at the ‘Smooth Beyond Belief’ event on January 23. The two smartphones: OnePlus 12 and OnePlus 12R come with a powerful chipset, vibrant display and a 100W fast charger which is claimed to refill the battery in around 26 minutes. The OnePlus 12 is powered by the flagship Qualcomm Snapdragon 8 Gen 3 SoC while the OnePlus 12R is powered by last year's premium Snapdragon 8 Gen 2 chipset.

₹15 trillion mark soon after the Supreme Court judgement. The Adani group has already invested close to $1 billion in the Navi Mumbai airport to operationalize the first of the four planned passenger terminals by December 2024.

As much as 80% of Hamas’s vast warren of tunnels under Gaza remains intact after weeks of Israeli efforts to destroy them, U.S. and Israeli officials said, hampering Israel’s central war aims. Thwarting Hamas’s ability to use tunnels is the keystone to Israel’s effort to capture top Hamas leaders and rescue the remaining Israeli hostages, Israeli officials have said.

cruise ship, ‘Icon of the Seas’, equivalent in size to nearly four city blocks, is poised for its inaugural journey, departing from the Port of Miami on Saturday. Royal Caribbean's Icon of the Seas boasts a length of almost 1,200 feet (365 meters) from bow to stern. As reported by AP, departing from South Florida for its inaugural seven-day tropical island-hopping journey, the ship was formally christened on Tuesday, with soccer legend Lionel Messi and his Inter Miami teammates participating in the ceremony.

most corrupt chief minister of India". Rahul Gandhi had also accused the Assam government of denying him the permission to visit a temple in the state when the pran pratishtha ceremony of the Ram Mandir in Ayodhya was going on.

HEFEI, China: Ultramodern factories churn out electric cars and solar panels in Hefei, an industrial center in the heart of central China. Broad avenues link office towers and landscaped parks. Subway lines open at a brisk pace. Yet at Hefei's market for construction materials, local merchants are gloomy. Wu Junlin, a vendor of doors, has closed two of his three stores and laid off all but one of his dozen employees.

Dev Patel, in collaboration with Jordan Peele, brings forth an adrenaline-fueled action movie titled "Monkey Man." The recently released trailer has drawn comparisons to the intense action sequences seen in the "John Wick" franchise.

In December, about 20 people sipped Champagne at Lincoln Center’s David H. Koch Theater as members of New York City Ballet rehearsed the Nutcracker. The attendees toured backstage and chatted with the dancers before decamping to Bad Roman, a glitzy Italian restaurant in Columbus Circle, for dinner.