Citi Financial News

₹850-900 crore will ensure robust financial support," said Shetty. He added that over the next two-three years, the company wants to take the total tally of beds in India to more than 6,000, which will include the upcoming Aster Capital in Trivandrum with 350-plus beds in the first phase by FY26, and Aster MIMS Kasargod with 200-plus beds.

₹1.6 trillion for the state disaster fund which states can routinely access (roughly one-quarter contributed by them); and ₹0.68 trillion for the national fund set aside to supplement the state fund for exceptional disasters. The Sixteenth Finance Commission will cover the five fiscal years 2026-27 to 2030-31. The types of ‘mitigation’ currently covered by the disaster funding provision pertain to the small or local end, such as improvement of storm-water drainage or construction of flood shelters.

India on Thursday said it is shocked and saddened over the «terrible» bombings in Iran's Kerman city, and expressed solidarity with the government and the people of Iran. «We are shocked and saddened by the terrible bombings in Kerman city of Iran.

Almost every U.S. state has cut taxes in some way in the past three years

The shooting at Perry High School took place just after 7:30 a.m. (1330 GMT) and resulted in «multiple victims,» Dallas County Sheriff Adam Infante said at a news briefing. The extent and exact number of injuries were still being determined, he said.

Paris now, or planning to visit the city while winter is in the air, wandering its streets can bring one special joy: stumbling upon an old-style newspaper and magazine kiosk. These 'print gazebos', adorned with vibrant posters and boasting an array of in ternational papers and magazines, stand as timeless sentinels of information as crisp, noble page-turners. It's raising a glass to the nobility of print. The scent of freshly printed paper mingles with the aroma of nearby bakeries, creating an olfactory dish that enhances the experience.

Daredevil centered fight scene of MCU. The charts of Maya Lopez/ Echo played by Alaqua Cox, are exploited by Echo, based on the events of Hawkeye, the Disney+ show of the year 2021. Differentiating from that series, Echo occurs in the hometown of Maya, which is in Oklahoma and not in New York City. It is not the landscape that is being revamped in Echo, consisting of five episodes, but the show will be portraying Maya against a new enemy: Charlie Cox who is playing the role of Matt Murdock/Daredevil. Recently, a clip from the big confrontation of the pair has been making the rounds online and Sydney Freeland has provided added information about the most awaited disagreement.

Grasim Industries Ltd on Thursday said it will issue shares on a rights basis at Rs 1,812 per share and has set January 10 as the record date to determine eligible holders for the same. On October 16, 2023, the company received the board’s approval to raise Rs 4,000 crore through the rights issue of shares. Grasim will issue 2,20,73,935 equity shares on a rights basis, the company said in an exchange filing. Unit holders will get 6 rights shares for every 179 fully paid-up equity shares of the company held by them, as on the record date.

shop online. After the Covid lockdowns, retailers had started shutting stores or reducing the size of stores to save on rentals.

₹3500 crore, after the business clocked earnings of ₹2700 crore in the half-year ending September (H1FY24). This measure is expected to reach ₹4,000 crore in FY25. In the gas transmission business, Gail expects volumes to be at 120 million standard cubic meters per day (mmscmd) in FY24 and rise to about 132 mmscmd for FY25.

Bulls are piling into European stocks, creating near-term risks after a strong rally in the fourth quarter, according to Citigroup Inc. strategists.

As speculation about the upcoming approval or denial of spot-Bitcoin ETFs reaches a fever pitch, a group of former Citigroup Inc. executives is starting to offer securities backed by the oldest cryptocurrency that they say don’t need the blessing of US regulators. 

Stocks and bonds steadied after a bruising two-day selloff to start 2024. Oil advanced as conflict in the Middle East added to supply concerns.

Kerman city, and expressed solidarity with the government and people of the Gulf nation. At least 95 people were killed and many others injured on Wednesday in two bomb explosions near the cemetery of slain Iranian General Qasem Soleimani, who was killed in a drone strike in 2020.

BJP in Karnataka on Thursday launched a campaign, 'I'm also a Karsevak, Arrest Me Too' as it stepped up its protests in several parts of the State over the recent arrest of a Hindu activist in connection with a 31-year-old case related to the Ram Janmabhoomi agitation. Leading the campaign in Bengaluru, MLA and former minister V Sunil Kumar staged a sit-in demonstration near the Sadashivanagar police station, amid chants of «Jai Sri Ram» by BJP workers. Holding a placard with a message 'I'm also a Karsevak, Arrest Me Too', Kumar said he too took part in the Rama temple agitation in 1992, for which he should also be arrested.

Career enablers such as flexi-timing and remote working play a crucial role in women’s workforce participation, a study by leading diversity, equity, and inclusion (DEI) solutions company Avtar group has said. However, workplace enablers extended by employees alone cannot ensure women’s sustained employment; it requires significant investment from the city and state, as per the second edition of ‘Top Cities for Women in India (TCWI)’ index. The index ranks Chennai, Bengaluru, Pune, Mumbai, and Hyderabad as the top five cities for women in India. The scores are based on three parameters – social inclusion, industrial/workplace inclusion, and citizen experience (safety, etc).

Dia Mirza has called upon the Maharashtra Pollution Control Board to address the pressing issue immediately. Renowned for her vocal stance on climate change and environmental concerns, Mirza took to social media to express her distress and advocate for decisive measures. Her plea was conveyed through a post on social media platform X (formerly Twitter), where she drew attention to the alarming Air Quality Index (AQI) exceeding 200.

PTI quoted Indian Railways as saying on 4 January. According to Indian Railways, the trains arriving late in Delhi dated January 4, 2024, include Howrah- New Delhi Poorva Exp, Dibrugarh-New Delhi Rajdhani, Jammu Tawi-New Delhi Rajdhani, Rajendranagar -New Delhi Rajdhani, Sealdah-New Delhi Rajdhani, Dibrugarh-New Delhi Rajdhani, Bhubneshwar-New Delhi Rajdhani, Ranch-New Delhi Rajdhani, Bhubneshwar-New Delhi Duronto, Rewa- Anand Vihar Exp, Azamgarh- Delhi Kaifiyat Exp, Rajendranagar-New Delhi, Banaras-New Delhi, Ambedkarnagar- Katra Exp, Pratapgar-Delhi, Muzaffarpur- Anand Vihar, Chennai- New Delhi GT, Bhopal-Nizamudin, Kurukshetra-Khajuraho, Jammutawi-New Delhi, Katihar- Amritsar Express, Jammutawi- Ajmer, Ferozpur-Seoni, Manikpur-Nizamuddin, Prayagran-Anand Vihar, Manikpur-Nizamuddin, Kanpur-New Delhi Shramshakti, Howrah- New Delhi Poorva Exp, Saharsa- New Delhi Vaishali Exp, Bhagalpur- Anand Vihar Exp, Rajendranagar-New Delhi and Banaras- New Delhi Exp.

personal income tax, particularly in the New Tax Regime, Gupta added. The deduction limit under Section 80D for medical insurance premiums should be increased from ₹25,000 to ₹50,000 for individuals and ₹50,000 to ₹75,000 for senior citizens, reflecting rising healthcare costs.

Ayodhya city as an international religious tourism city. Many VVIP guests from the country and abroad are expected to come to Ayodhya to attend the Ram Mandir consecration ceremony to be held on 22 January. The government is also making separate arrangements for VVIP tourists. Electric cars have now been started to make Ayodhya a net zero carbon emission city. 12 electric cars have been deployed to provide a pleasant journey to VVIP tourists.

Hansoge Enterprises has sold a hotel asset spread over 1.5lakh sft in the city in a deal estimated to be around Rs 150 crore to an ultra-high net worth individual. The midscale boutique 175-room property is located near Bangalore International Airport and is expected to be completed by the end of 2024.