Citi Financial News

Sports betting has spread rapidly across U.S. states in the past five years

New Year’s Eve could take the cake for the busiest wedding day in Las Vegas thanks to the date’s repeating pattern of 1-2-3, 1-2-3

IndiGo Airlines has announced the suspension of its flights from Kanpur to Bengaluru for a duration of three months starting from January 1, 2024. This decision has raised concerns, particularly among the residents of Kanpur, with the business community expressing unease, a TOI report stated. The Merchant Chamber of Commerce's vice president, Mayank Khanna, has reached out to IndiGo's headquarters for clarification.

Residential real estate sector witnessed yet another stellar year with launches likely to reach approximately 300,000 units by end-2023, a remarkable 11% higher than the previous record year of 2022. In the last couple of years, the residential market has come out of a long period stagnancy in prices.

defamation case by a Surat court that triggered the Congress leader's legal fight for the restoration of his Lok Sabha membership, and Biparjoy cyclone leaving a trail of destruction were two key developments that took place in Gujarat in 2023. The year also gave several reasons for the residents of Gujarat to cheer with the inclusion of the state's traditional dance form Garba in the list of Intangible Cultural Heritage by UNESCO, inauguration of the Surat Diamond Bourse and two Australia-based universities setting up their campuses in Gandhinagar-based GIFT City among other things. On March 23, the court in Surat sentenced Rahul Gandhi to two years in jail in the defamation case filed against him over his «Modi surname» remark.

Ram temple in Ayodhya is set to be inaugurated, the city of Hyderabad earns a place of honor with its name etched on the intricately designed wooden doors that adorn the sacred structure. Anuradha Timbers, a century-old firm based in Hyderabad, has been entrusted with the task of crafting these doors, many of which will be adorned with gold plating, a TOI report stated.

Kannada groups staged violent demonstrations in Bengaluru, including at the Kempegowda International Airport. The group, adorning yellow and red scarves symbolizing the Kannada flag, were seen tearing down English posters on the streets of Bengaluru demanding the installation of billboards in Kannada. Protesters are calling for the immediate implementation of a city civic body order requiring businesses to feature 60% of their signs in Kannada.

Tata Motors expect record sales in 2024, and big cities are racing to adopt electric buses. Despite the subsidy row, India is expected to become one the world's largest EV markets. India’s biggest and increasingly most consequential neighbour, China will complete 75 years of rule by a one-party communist regime on 1 October.

Credo Brands listed on the exchanges with a premium of 0.8% on Wednesday. The stock was listed at Rs 282.3 on NSE compared with an issue price of Rs 280. Meanwhile, the stock was listed with a premium of 0.7%, at Rs 282 on BSE.

RBZ Jewellers listed unchanged on the exchanges on Wednesday. The stock debuted at Rs 100 on the bourses as against the IPO price of Rs 100. Ahead of the listing, the company's shares traded flat in the grey market. The public offer of RBZ Jewellers was subscribed 16.72 times at close.

mutual fund industry has undergone significant transformations over the past year, marking a journey of resilience, adaptability, and an increasing impact on retail investors. With the Assets Under Management (AUM) experiencing a notable 20% year-on-year surge, from ₹40.5 trillion in November 2022 to ₹48.75 trillion in November 2023, the industry has not only weathered challenges but also showcased robust growth. As the industry continues to evolve, the new trends and insight can help investors make the right investment decisions by delving into the developments shaping the industry such as AUM trends, investor sentiments, sectoral preferences, and the growing influence of retail investors.

RBZ Jewellers IPO: Listing date for the initial putlic offering (IPO) of RBZ Jewellers Limited has been fixed on 27th December 2023 i.e. today. As per the information available on BSE website, RBZ Jewellers share will list on BSE and NES in special per open session during Wednesday deals.

INS Imphal" was commissioned into the India Navy. "It epitomises our naval excellence and engineering prowess. Compliments to everyone involved in this milestone for Aatmanirbharta.

Yoav Gallant hinted on Tuesday that the country had retaliated in Iraq, Yemen and Iran for attacks carried out against it as the war with Hamas-led Palestinian militants in the Gaza Strip widens to other areas of the region. «We are in a multi-front war and are coming under attack from seven theatres: Gaza, Lebanon, Syria, Judea and Samaria (West Bank), Iraq, Yemen and Iran.

₹6,105 per sq. ft. in Q3 2022 to nearly ₹6,800 per sq.

Narendra Modi has hailed the commissioning of INS Imphal, emphasizing that it signifies a moment of great accomplishment for India and underscores the nation's increasing self-reliance in defense. Modi lauded the naval excellence and engineering prowess demonstrated by the commissioning of INS Imphal, describing it as a significant milestone for Aatmanirbharta, India's self-reliance initiative.

Delhi Health Minister Saurabh Bharadwaj on Tuesday said the national capital's Covid positivity rate is around 1 per cent and stressed that people should, instead of panicking, follow precautions during the winter festival season. Genome sequencing of samples testing positive for COVID-19 has been ramped up, he said. «The report of genome sequencing is awaited,» Bharadwaj added.

migrants and Secretary of State Antony Blinken prepares for a state visit to Mexico, a fresh wave of up to 15,000 migrants is set to crash into the already flooded US southern border of Mexico. A caravan of nearly 8,000 asylum-seekers began its march through Mexico to the border days before Blinken’s meeting with Mexican President Andres Lopez Manuel Obrador to discuss the illegal immigration crisis. They are mostly from Cuba, Haiti and Honduras.

Malaysia Airlines flight MH370 could be solved soon. It may bring to an end what is regarded as one of the most perplexing aviation mysteries of all time. It all began on March 8, 2014, when the Malaysia Airlines passenger jet with 227 passengers and 12 crew members onboard vanished. It was a normal flight from the Malaysian city of Kuala Lumpur to the Chinese capital Beijing. The flight was commanded by senior pilot Zaharie Ahmad Shah, and first officer, Fariq Hamid and everything seemed perfect for the first 40 minutes of Flight MH370. But the flight lost contact and went out of radar all of a sudden.

Mumbai, Pune and Hyderabad will be the driving forces in the Indian residential real estate sector’s anticipated continued growth in 2024, according to Housing.com. Its latest report highlights these cities as the epicentres of intensified market activity, poised to significantly shape the sector’s narrative in the upcoming months.