Citi Financial News

By Joseph Ax and Brendan O'Brien

To this effect, the state of Gujarat’s success story is one of the most dynamic ones to have taken place in 21st-century India. Gujarat accounts for 8.3 percent of India’s GDP, 18 percent of industrial output, and 33 percent of exports, its Gross State Domestic Product (GSDP) has grown from Rs 1.42 lakh crore to Rs 22.61 lakh crore in the last two decades and the future outlook for the state continues to look incredibly positive across sectors.

Ram temple consecration, around 100 Congress office-bearers from Uttar Pradesh, including party's state unit chief Ajay Rai and state in-charge Avinash Pande, will visit Ayodhya on January 15 on Makar Sankranti. During their visit to the holy city, the Congress leaders will take a dip in Saryu river, and then visit the Ram temple and Hanumangarhi temple, Rai said on Sunday. «On January 15, I am going to Ayodhya.

(Reuters) -Russia launched 28 attack drones and three cruise missile at Ukraine overnight, Ukraine's air force said on Sunday, adding that its air defence systems destroyed 21 of the drones.

U-girder, has been successfully cast for the first time in India for Bengaluru Suburban Rail Project on Saturday night at Casting Yard, Devanahalli. It is an important milestone in construction of Bengaluru suburban Rail Project, the BSRP said in a statement.

Israeli military signaled that it has wrapped up major combat in northern Gaza, saying it has completed dismantling Hamas' military infrastructure there, as the war against the militant group entered its fourth month Sunday. The military did not address troop deployments in northern Gaza going forward. Its spokesman, Rear Adm.

Narendra Modi will visit Gujarat from January 8-10 during which he will hold bilateral meetings with world leaders, CEOs of top global corporations, and inaugurate the Vibrant Gujarat Global Summit. Vibrant Gujarat Global Summit, conceptualised in 2003 under the visionary leadership of the then chief minister Modi, has today evolved as one of the most reputed global forums for business collaboration, knowledge sharing and strategic partnerships for inclusive growth and sustainable development, a statement issued by the Prime Minister's Office (PMO) said. On January 9, at around 9.30 am, Prime Minister Modi will arrive at Mahatma Mandir in Gandhinagar, where he will hold bilateral meetings with world leaders, followed by a meeting with CEOs of top global corporations. At around 3 pm, he will inaugurate Vibrant Gujarat Global Trade Show, the PMO said. On January 10, at around 9.45 am, Prime Minister Modi will inaugurate Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar. Thereafter, he will hold a meeting with CEOs of top global corporations. The Prime Minister will then travel to GIFT City where, at around 5.15 pm, he will interact with prominent business leaders in the Global FinTech Leadership Forum. The Tenth edition of Vibrant Gujarat Global Summit is being held from January 10 to 12, 2024 in Gandhinagar, Gujarat. Its theme is 'Gateway to the Future'.

Delhi-NCR has dipped from 1,23,692 units by 2022-end to approximately 94,803 units by 2023-end as it remained one of the most vibrant residential markets among the top 7 cities in 2023. Despite robust sales in the region last year, developers throttled back new supply to support the liquidation of previous unsold stock, leading to a significant reduction in market inventory. According to Anarock data, there was a 23% yearly decline in Delhi-NCR’s unsold inventory.

Myanmar's military government has officially acknowledged the withdrawal of its forces from a key city on the northeastern border with China, on January 6. The city, Laukkaing, fell to an alliance of ethnic armed groups after months of conflict, marking a significant defeat for the military government. The fall of Laukkaing, the capital of the Kokang Self-Administered Zone, is part of a series of setbacks for the military since the ethnic alliance initiated an offensive on October 27, according to a report by the Associated Press.

Elon Musk arriving in India next week to announce a Tesla manufacturing unit in Gujarat (although no official confirmation has come yet), the focus has once again shifted to ramp up the public infrastructure for electric vehicles (EVs) in the country in order to meet the ambitious 2030 goal of the government. India needs to have a robust backbone for charging infrastructure across the length and breadth of the country with considerations of traffic and population density, as it aims to break the barriers for large-scale adoption of electric vehicles. India's top nine cities, with a population of over 40 lakh each, would require 18,000 public EV charging stations by 2030, according to the recent government data.

Chinese economy, some migrant workers, labour brokers and shop owners have started moving out of the coastal cities and returning home as jobs in the country's coastal cities face a reduction in job opportunities, the Voice of America (VOA) reported. In its report on Thursday, it said that in China, January is typically a time when many migrant workers begin an annual trip home to celebrate the Lunar New Year. However, this year, the massive exodus from coastal cities to provinces across the country began much earlier.

Bengaluru, there's a discussion about extending the Namma Metro rail network to suburban areas, and not everyone is excited about it. Many people are asking, «Why go outside the city when the main parts are still not connected?» The deputy chief minister, DK Shivakumar, recently talked to Union Finance Minister Nirmala Sitharaman to get permission for this extension. The plan is to reach places like Bidadi, Hoskote, Harohalli, and Nelamangala. However, some are not happy with this idea.

Ram Mandir movement in the 90s, has been invited to the consecration ceremony of Lord Ram at Ram Mandir in Ayodhya on January 22. Dabir is specially invited to attend the historic event scheduled to take place in the holy city. Recalling the memory of the collapse of the Babri structure, she also recounted her memories of how she was 'compelled' to be locked in a school as the jails were full. Dabir, who was 63 then, reached Ayodhya, walking 60 km, and witnessed the waving of saffron on the Babri structure after reaching Ayodhya on October 30, 1990. Dabir, who hails from Maharashtra and left Mumbai in 1990 for Kar Seva. «There were bullets firing at the Karsevaks, and the police tortured us the most… The UP Police arrested a group of women karsevaks from Dadar and placed them on school premises. I was locked in a school as the jails were full,» she said. She also claimed that she not only experienced lathicharge but also tear gas and firing around her. She claimed that a bullet had just gone past her. «The person next to me died with the bullet,» she added. Shalini also said, «After many efforts, a wall was not falling, then a monkey sat on that wall and everything turned to dust because he had applied pressure to the wall and it collapsed.» «After the collapse of the Babri structure, a man belonging to the Muslim community came and offered sweet, saying, 'You people have now got what you wanted'.

Bangladesh Elections LIVE updates On Friday, a passenger train was set on fire in Dhaka, Bangladesh. Four people including two children died in the incident. On Saturday, miscreants torched a polling centre in Lalmonirhat's Hatibandha upazila.

Salaar box office collection Day 16: After less than optimal collection on Friday, Prabhas' Salaar: Part One- Ceasefire' saw an improvement in its box office collections, minting ₹5.3 crore on Day 16 in the second week since its release. This is the third Saturday run for the movie. The film, available in Telugu, Kannada, Malayalam, Tamil, and Hindi has performed well in the first 16 days at the box office, earning a net of ₹387.05 crore in India, according to data by Sacnilk.

Israel and Lebanon-based Hezbollah traded fire Saturday in one of the heaviest days of cross-border fighting in recent weeks, a day after the militia's leader urged retaliation for the targeted killing, presumably by Israel, of a top Hamas leader in Lebanon's capital. Hezbollah leader Sayyed Hassan Nasrallah said that if his group didn't strike back for the killing Tuesday of Saleh Arouri, Hamas' deputy political leader, all of Lebanon would be vulnerable to Israeli attacks.

Rensi sounds off on soda tax

consumer tech sector stood at $100 billion in FY22, something that is expected to go up to $300 billion by 2027, growing at an annual growth rate (CAGR) of around 25%. This was revealed in a recent report released by Chiratae Ventures. In its report titled ‘Cracking the code: Unveiling India’s consumer landscape’, in partnership with Google and 1Lattice, the firm has cast an eye at India’s consumption potential. Here are some key findings.

social media platform ShareChat and started to recite shayaris, sing and do a bit of comedy to entertain the handful of viewers he had. Three days later, PM Narendra Modi declared a nation-wide lockdown to combat Covid-19. At that time, no one anticipated that the lockdown would extend for as long as it did, but it gave creators like Raj a captive audience — locked up at home and hungry for content.

Putin vowed on the eve of Orthodox Christmas to back soldiers who «with arms in hands» defend Russia's interests, ordering his government greater support of those who fight and calling on his people to be merciful and just. «Many of our men, our courageous, heroic guys, Russian warriors, even now, on this holiday, defend the interests of our country with arms in hand,» Putin said at a late Saturday meeting with families of Russian soldiers who have died in Ukraine.

Officials in New York say most of the 23 people on board a bus that crashed on U.S. Highway 87 Friday, leaving at least one person dead, were Canadian citizens.