Citi Financial News

MG Motor India, the SAIC-owned British brand, plans to launch seven new models in the Indian market over the next couple of years, the company told a group of dealers invited to its headquarters in Shanghai within days of stitching a joint venture with the Sajjan Jindal-owned JSW Group. A spokesperson at MG Motor India declined to comment. During their visit, the dealers were showcased a line-up of models—some of which would be launched in India over the next 24 months, said several dealers who attended the meet earlier this month. On November 30, JSW Group and SAIC Motor announced an India joint venture to expand the operations of MG Motor owned by the Chinese.

Gaza on Dec. 15 when it mistook their cries for help as a ruse by Hamas militants to draw them into an ambush, the military said on Thursday, concluding that the soldiers acted rightly to the best of their understanding. On Dec.

Lt Governor and the bureaucracy and a short-lived promise of authority after a Supreme Court verdict on control over Services-related matters marked an action-packed 2023 for Delhi's AAP government. Hardly a week after the Supreme Court on May 11 granted Delhi's elected AAP dispensation executive control over Services-related matters, including appointments and transfers of bureaucrats, the BJP-led Centre brought legislation to again tilt the balance in favour of the Lt Governor.

Mangaluru International Airport (MIA) conducted a security check following the receipt of an email claiming the presence of explosives on a plane at the airport, according to the authorities. The city police revealed that Mangaluru was one of several airports across the country that received similar emails on Tuesday night, all purportedly sent by a terrorist group named 'Funing'. The email, sent from the address '[email protected]', stated: «There are explosives inside of one of your planes.

New Year celebrations. Tight security arrangements have been for parties on New Year's Eve. Take a look at city-wise restrictions in India, 1) Delhi: Delhi Traffic Police will deploy 2,500 personnel to ensure smooth movement of vehicles and 250 teams will be tasked with checking drunken driving on New Year's Eve, officials said.

PTI. Liquor permits are granted to individuals by the health department only if the area medical board issues a certificate.

In October 2023, Pope Francis allowed women to vote at the Synod of Bishops for the first time. Allowed to attend only as observers in the past, five religious sisters were allowed to vote at the Papal advisory body in a momentous shift for the Roman Catholic Church, which has been male-dominated for centuries. With this historic move, Vatican City became the last country in the world to give its women the right to vote.

₹1 crore. AI funds (large value investors with minimum capital commitment of ₹70 crore) enjoy the privilege of allocating a higher percentage of their assets under management (AUM) into individual companies within AIF category I & II (50%) and category III (20%), compared to regular investors who must adhere to a 25% and 10% allocation, respectively. AI funds benefit from an extended AIF life of more than 2 years, allowing for potentially longer-term investment horizons.

A Palestinian journalist posted pictures of Israeli tanks near a mosque in a built-up area of Bureij which had apparently advanced from orchards on the eastern outskirts. Further south, Israeli forces struck the area around a hospital in the heart of Khan Younis, the Gaza Strip's main southern city, where residents feared a new ground push into territory crowded with families made homeless in 12 weeks of war. Palestinian health authorities said 210 people were confirmed killed in Israeli strikes in the past 24 hours, raising the toll of the war to 21,320 dead — nearly 1 percent of the enclave's population. Thousands more dead are feared to be buried or lost in the ruins. Israel has escalated its ground war in Gaza sharply since just before Christmas despite public pleas from its closest ally the United States to scale the campaign down in the closing weeks of the year. It launched the war to destroy the Hamas movement that runs Gaza after fighters rampaged through Israeli towns on Oct.

By Lucinda Elliott and Jorgelina do Rosario

minions have resided in the hearts of billions. Over the years, the Despicable Me franchise has witnessed many changes in its movies. Its fourth movie Despicable Me 4 is going to hit the silver screen next year. Chris Renaud is the director of the film, with co-director Patrick Delage. Mike White is the screenplay writer, known for movies such as Pitch Perfect 3, The White Lotus, and others.

Yogi Adityanath government in Uttar Pradesh Thursday imposed a ban on the sale of liquor in the entire 84 Kosi Parikrama of Ram Mandir in Ayodhya, the holy city where the grand Ram Temple is set to be inaugurated soon, India Today reported. UP Excise and Prohibition Minister Nitin Agarwal said the government has established a ‘no liquor zone’ in the entire 84-Kosi Parikrama circuit and the wine shops in the prohibited area will be either shifted or removed. The development came after the Excise Minister met with Champat Rai, General Secretary of Ayodhya Ram Mandir Trust.

General Motors (NYSE:GM) has filed a lawsuit against the city of San Francisco, aiming to reclaim over $100 million. The lawsuit alleges that the tax bill imposed on GM was inaccurately calculated, attributing this miscalculation to the improper use of its Cruise self-driving car unit in the calculations.

Bank of America reviewed Huawei-owned AITO’s M9 SUV following the vehicle’s official launch on December 26th. AITO is offering the M9 in both EREV and BEV versions available in Max and Ultra variants.

Ayodhya have been decorated with Hindu-theme artwork ahead of Prime Minister Narendra Modi's visit to inaugurate and lay the foundation stone for multiple development projects worth more than ₹11,100 crore to revamp civic facilities and develop world-class infrastructure in the holy city on December 30. Prime Minister Modi will inaugurate Ayodhya Dham Junction and flag off new Amrit Bharat trains and six new Vande Bharat trains.

Eiffel Tower shuttered its doors to visitors on Wednesday, coinciding with the 100th anniversary of Gustave Eiffel's passing due to a strike provoked by contract disputes. Renowned as one of the globe's most frequented attractions, the Eiffel Tower, which traditionally welcomes guests 365 days a year, faced an unexpected closure—albeit sporadic shutdowns due to strikes—in a move that disappointed tourists. Beneath its iron silhouette, a prominent sign conveyed the closure in various languages, expressing regrets for the inconvenience caused, leading to mixed reactions among visitors.

Vietnam's Ho Chi Minh City to the Australian city of Melbourne, he did not imagine he would see. He got a strange sight out of the plane window that has baffled the social media users. He uploaded it on TikTok and it has been seen more than 14 million times since early December. It is believed that he caught footage of Vietnam’s dragon fruit farms, which are lit up at night to trigger flowering and fruiting and extend the growing season.

Reuters. The fatal airplane crash in January 2023 took the lives of all the 72 people on the Yeti Airlines flight, including five Indians.

Affordability Index: For many aspiring homeowners in India's bustling metropolises, the dream of owning four walls of their own has long felt like a distant mirage shimmering in the heat. But a recent report from Knight Frank India painted a surprisingly optimistic picture, suggesting that the dream is finally within reach for many.

Palm Court, The Gaurs Sarovar Premiere, Greater Noida 4. BFF New Year's Eve with Kanika Kapoor, Mankirt Aulakh and Akhil Sachdeva and more, Leisure Valley Ground, Gurugram 5. A Night of Sufi Music by Traditional Nizami Brothers followed by DJ Asad, Home Delhi, Vasant Kunj 6.

Treehouse Jaipur. We may have built a serene and peaceful natural resort, but we have also left plenty of room for your wild side to emerge - whether it’s climbing onto an ATV for an off-road ride or ascending high up in the sky in a hot air balloon. It’s time to step out of your comfort zone and go, go, go: Motorsport Off-roading: We’re declaring this is one of the coolest things to do in Jaipur.