Citi Financial News

28.12 / 07:21
Citi Progressive Assurant President reports gatherings Congress 139th Foundation Day: ‘Congress will never move away from its ideologies,’ says party chief Mallikarjun Kharge
Congress party, party national president Mallikarjun Kharge hoisted the party flag at the All India Congress Committee (AICC) Headquarters in Delhi on Thursday. As reported by ANI, speaking to the media, Kharge said that the Congress party will never move away from its ideologies and will progress with its ideologies.
28.12 / 06:38
Citi FIVE Experts show reports Luxury housing price jumps 42% in Hyderabad, affordable housing price up 19% in NCR; know rise in your city
Among the top seven areas, Hyderabad saw the highest increase of 42% in the average price of premium homes in the five-year period. The price rose from Rs 7,450 per sq ft in 2018 to Rs 10,580 per sq ft during the first half of 2023. Bengaluru and MMR recorded the second-highest average price hike in this segment at around 27% each. In Bengaluru, the average price of a luxury home stood at Rs 10,210 per sq ft in 2018. Since then, the average price rose to Rs 12,970 per sq ft. In MMR, the average price in the luxury segment was Rs 23,119 per sq ft in 2018. It jumped to Rs 29,260 per sq ft at the end of the first six months of 2023.
28.12 / 06:37
Citi Yellow information Parliament breach: Delhi High Court refuses Neelam Azad urgent hearing on police remand
Delhi High Court on Thursday refused urgent listing of a plea by Neelam Azad, a woman arrested in the December 13 Parliament security breach case, who alleged that her police remand was illegal as she was not allowed to consult a legal practitioner of her choice to defend her during the trial court proceedings. The matter was mentioned for urgent hearing by her lawyer before a vacation bench of Justices Neena Bansal Krishna and Shalinder Kaur, which said there was no urgency in the matter. «In any case it will be taken up on 3rd (January).
28.12 / 03:30
Citi Fighting Align President country 2024 2024 Lok Sabha Elections: Congress all set to address 'Hain Tayyar Hum' rally in Nagpur today. 5 things we know so far
next year's general elections with its mega rally 'Hain Tayyar Hum' to be held in Maharashtra's Nagpur city today, Thursday, the party's 139th foundation day. Addressing a press conference here, Maharashtra Congress chief Nana Patole said, “It will be a historic moment for the people of the country.
28.12 / 03:29
Citi Art Manufacturing folk hospital reports New Delhi is gearing up to woo the world with big fat Indian weddings
₹4.7 trillion, up 25% from the previous year. Though no firm estimates are available of the money spent overseas by Indians on weddings, since it’s the rich who go in for such lavish destination dos, we can assume a substantial amount could be captured locally if the ministry’s campaign succeeds. If ‘Make in India’ is about the creation of manufacturing jobs, ‘Wed in India’ could generate matrimonial jobs.
28.12 / 03:26
Citi Platform Entertainment Align Discover show reports Customers Zomato receives ₹402 crore show cause notice for unpaid GST on delivery charges collected from customers
Zomato Ltd, on December 28, announced that it has received show cause notice (SCN) from theGoods and Services Tax (GST) office for supposed tax liability of ₹401.7 crore, in addition to interest and penalty on the delivery fee collection from its customer from the period of 29 October 2019 to 31 March 2022. "Please note that Zomato Limited (‘the Company’) has received a show cause notice (‘SCN’) on 26 December 2023 under Section 74(1) of the Central Goods and Services Tax Act, 2017 from the Directorate General of GST Intelligence, Pune Zonal Unit.
27.12 / 21:50
Citi Booking Platform Netflix film Destiny Avatar: The Last Airbender: See latest series’ release date, plot, cast and all offerings of franchise
Netflix is gearing up for the release of the live-action adaptation of the popular Nickelodeon animated series, "Avatar: The Last Airbender." Scheduled for February 22, 2024, fans are eagerly awaiting the debut. ‘Avatar: The Last Airbender’: Cast and Crew
27.12 / 21:37
Citi Booking Fighting shootings hospital Department Sister shot, killed by 14-year-old brother in fight over Christmas gifts, police say
A 23-year-old woman was shot and killed by her 14-year-old brother during a “domestic altercation” over Christmas presents, according to the Pinellas County Sheriff’s Office in Florida.
27.12 / 19:43
Citi Booking President Celebrity country gatherings NOT Covid is not spoiling this New Year Eve bash
Covid cases in the country are unlikely to play party pooper for large-scale New Year's Eve celebrations as there are no crowd curbs for December 31 so far, hoteliers and restaurateurs said. Celebrations and parties are being planned as usual and there is no capping in terms of numbers, the people cited above said. Maharashtra has extended timings for food and beverage licensed establishments till 5 am in areas such as Mumbai, Navi Mumbai, Thane, Pune, Pimpri Chinchwad, and Nagpur. «The bookings look very promising so far.
27.12 / 19:11
Citi Entertainment Experts country beautiful electronic reports India's mall story gets a lot more interesting, expected to see investment of over Rs 20k cr in 3-4 years
Retail real estate industry is riding a boom in demand. More than 5 million square feet (msf) of grade A malls became operational in 2023 — the highest in seven years — and another nearly 8 msf is slated for completion in 2024, industry executives said. Malls are expected to attract investment of more than Rs 20,000 crore over the next 3-4 years as the country's biggest mall developers, DLF, Prestige and Phoenix, have entered the next phase of expansion as almost all top retailers are expanding their store count. «Retail real estate sector has been witnessing increased traction, largely driven by strong consumption-led growth of the Indian economy,» said Saurabh Shatdal, managing director, capital markets, and head retail, India, at Cushman & Wakefield. Listed retail players such as Reliance Retail, PVR, Aditya Birla Fashion, and Tata Trent increased their store count significantly this calendar as their revenues continued to rise.
27.12 / 18:15
Citi Provident Experts show performer A year of strong equity returns; build a well-diversified portfolio
Returns from investment are the best indicator of the performance of various asset classes. And that helps investors determine which asset class is a winner and which ones to avoid. While the winners among asset classes keep rotating every year, the absence of any such pattern over the last 10 years (see chart), reinforces the importance of asset allocation in building a balanced portfolio. Here’s a quick look at the performance of different asset classes in 2023.
27.12 / 18:04
Citi Career Netflix film Actor stars travelers Iván Amozurrutia: See 5 facts about The Manny star
Netflix, The Manny, stars Iván Amozurrutia in the role of Gabriel, the babysitter, who was earlier a cowboy. Since its premiere on December 24, 2023, the series has been a fan favorite. It revolves around the romantic relationship shared between a top business executive, Jimena played by Sandra Echeverría, and Gabriel played by Iván Amozurrutia. While Jimena is a single mother of three children, Gabriel is a farmer, who is very good with children.
27.12 / 16:47
Citi Man Celebrity gatherings Burning Man's muddy triumph: Can this experiment endure another 30 years?
Nevada's northern desert became the new canvas for Burning Man, relocating from San Francisco's Baker Beach. This event, once an intimate gathering, burgeoned into a surrealistic carnival over three decades. However, its exponential growth led to concerns about deviating from its core values of inclusivity, expression, and leaving no trace. In 2011, ticket shortages triggered a lottery system, challenging the event's radical inclusiveness. As Burning Man evolved, so did the influx of opulent accommodations, billionaires, and celebrities, sparking debates about its future. Despite facing criticism and questions, the event continued to attract a massive crowd, becoming a transient city rivaling Vegas and Reno.
27.12 / 15:25
Citi Provident CEO Action economy President country Adani-Total Gas signs pact to help Flipkart decarbonise its supply chain
Adani Total Gas Ltd, India's leading the city gas operator, on Wednesday signed an initial agreement with Flipkart to help decarbonise its supply chain. In the statement, Adani-Total Gas Ltd (ATGL) said a memorandum of understanding (MoU) was signed with Flipkart to this effect.
27.12 / 14:29
Citi Provident CEO Platform Enterprise awards innovations Awiros and Intel Make History with India's Largest Computer Vision Hackathon
Bengaluru, India - December 26, 2023: Awiros, a leading AI startup, marked a historic milestone by concluding India's largest Computer Vision Hackathon in collaboration with Intel. This groundbreaking hackathon unfolded over three months, drawing participation from an impressive 3500 teams comprising over 8000 individuals from leading educational institutions and multinational organisations. The hackathon centred around development of enterprise grade computer vision applications on the Awiros Platform utilising tools provided by Intel OpenVino.
27.12 / 14:09
Citi Digital Fox show reports Home prices climb nearly 5% in October, largest increase of 2023: Case-Shiller
Housing and macroeconomic analyst Amy Nixon says the post-pandemic home price correction has not started yet.
27.12 / 13:27
Citi Provident FIVE Remark country Inside travelers Edmunds: The best plug-in hybrids for driving without filling up on gas
Ready to go the distance, or at least as far as a plug-in hybrid can take you on electricity before using a drop of gas
27.12 / 11:54
Citi Bill show country blues reports prevention rights 'Rights of nature' are being recognised overseas; In Australia, local leadership gives cause for optimism
environment grows more urgent. As noted in the most recent State of Environment Report in 2021, we are increasingly turning to «measures of last resort» to prevent species extinctions and the collapse of ecosystems. In legal theory, the "rights of nature" acknowledges all Earth's natural elements as having an inherent right to exist and flourish.
27.12 / 11:38
Citi Provident Metro country hospital 2020 gatherings Paris City Hall plaza draws holiday visitors and migrant families seeking shelter as Olympics nears
The forecourt of Paris City Hall sparkles with activity this holiday season, including a Christmas market and huge signs advertising the 2024 Olympics
27.12 / 11:37
Citi Target BLOCK Art Metro performer Judges temporarily block Tennessee law letting state pick 6 of 13 on local pro sports facility board
A panel of judges has blocked a new Tennessee law that would reconfigure the group overseeing professional sports facilities in Nashville by letting state leaders pick six of its 13 board members

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