Citi Financial News

Nitin Gadkari announced plans for the development of a modern club on an eight-acre land along the Ring Road in east Nagpur. The project aims to provide a facility similar to top clubs in the city, such as Gondwana, for the residents of this area.

By Rae Wee

Investing.com-- Most Asian stocks fell on Tuesday, seeing some profit taking after rallying sharply through November on expectations of a less hawkish Federal Reserve, while a string of weak economic readings from across the region also dented sentiment. 

Investing.com-- Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after the Reserve Bank kept rates unchanged and offered scant cues on monetary policy. 

Cost of Living LIVE Updates December 5: The cost of living is basically the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

IMD bulletin. The forecast of reduced rainfall intensity comes as a relief after Cyclone Michaung wreaked havoc across Chennai and adjoining districts, causing flooding and disrupting normal life on Monday. Residents in some parts of Chennai reported no rain since early hours on Tuesday and mentioned that power services had been restored in those areas.

India is witnessing a revolution of sorts – multinational companies are setting up new global capability centres (GCCs) and expanding existing ones like never before, driving demand for not just engineering talent or real estate but also for an array of specialised skills. While GCCs – or, offshore units of global firms providing support services such as IT, analytics, customer centres, finance and human resource functions – have been in India for close to three decades now, the post-pandemic explosion in such captive units is expected to sustain, thanks to a thriving ecosystem and availability of diverse talent across all operations and specialised skills.

Sex and the City could be embarking on a new beginning once again. Following the success of reboot 'And Just Like That…', SATC author Candace Bushnell has made a revelation that she is developing a new series called Is There Still Sex in the City? Confirming her partnership with producing legends Bunim Murray in a social media post last week, writing, “Cat’s out of the bag! So excited to be working on a dating show for all of us over 50-somethings with @bunimmurray. Stay tuned…” The upcoming series will revolve around «four 'fabulous' friends in their fifties seeking a romantic reset as they depart from their bustling city lives for a dating utopia,» according to Deadline's initial report.

snowfall to cities across the Midwest and Ohio Valley, including Chicago, Indianapolis, and Columbus, Ohio. This may result in challenging conditions for the Tuesday morning commute. This weather development follows a winter storm that affected parts of northern New England at the beginning of the workweek, depositing heavy, wet snow and causing disruptions to the Monday morning commute, along with numerous power outages. In the Pacific Northwest, concerns about flooding are increasing as rivers and streams in Washington and Oregon are on the rise due to a series of atmospheric river storms delivering substantial rain to the region. This precipitation is causing the melting of mountain snow, contributing to water accumulation in low-lying areas. According to the FOX Forecast Center, warm air surging from the Pacific will elevate snow levels above 9,000 feet, surpassing weekend levels. Due to the potential flooding risk, Flood Watches have been issued in the Pacific Northwest, covering areas from western Washington through western Oregon, including major cities like Seattle, Olympia, Portland, Salem, Eugene, and Medford.

National Testing Agency (NTA) Monday said the Admit Card for applicants of UGC NET December 2023 has been made live at URL https://ugcnet.nta.ac.in and applicants whose examination is scheduled on 6th, 7th and 8th December, can now download their Admit Card from the NTA UGC website. The University Grant Commission (UGC) National Eligibility Test (NET) December 2023 exam city slip was released on December 2, 2023.

maker of Bira 91 beer and owner of The Beer Cafe pub chain, is set to raise Rs 400 crore ($50 million) of fresh funds, executives close to the development said. The money, from existing investors as well as a new one, will be used to expand business. This will be the third round of fund raising for B9 Beverages in 13 months.

Nikhil Gupta, who was named by the United States in an indictment before a US court, alleging a plot to assassinate a US citizen involving Indian officials. The registry, however, threw up five other persons with the same name who are under trial in different states, but not in Gujarat, said officials. The national database on arrested narcotics offenders was launched in 2022 and contains names of those arrested by police across states in the country and by central agencies, Earlier, the National Crime Records Bureau recorded the cases registered under Narcotic Drugs and Psychotropic Substances Act but information about individuals stayed with the state police.

Vijay Shekhar Sharma, CEO and founder of Paytm parent One97 Communications, Monday said the company is considering bringing 10 million merchants by 2025 on the government-backed Open Network for Digital Commerce platform, adding that the firm has seen close to 11.8 million customers routed to its product from the platform, news agency PTI reported. "Paytm's ecosystem is built around small merchants and the mission that we are on is to help small merchants and small businesses become part of the mainstream economy. We did it by payments.

NEW DELHI : Albeit small, India has long been seen as a promising market for luxury goods. But the market has been a challenge to navigate for many companies looking to enter.

Hardeep Singh Puri said that Assam contributes 14% of total crude oil production and1 10% of total natural gas production in the country. Answering the question related to production of petroleum and natural gas from Assam and also the steps taken by the government to reduce the import dependence, he further added that the first refinery in Asia was established in Digboi (Assam) in the year 1901, after the commercial scale production of crude oil at Digboi in 1889. He informed to the House that during the last four financial years i.e. 2019-20 to 2022-23, the total royalty paid to the state government is Rs.

transfer window looms, European football clubs are not just planning for the immediate future but also eyeing the next season’s prospects. With over six months left in the current campaign, players across Europe’s major leagues are nearing the end of their contracts, sparking anticipation about potential moves. The Sporting News has compiled a list of ten top players whose contracts expire in the summer of 2024, potentially setting the stage for significant transfers.

Snowden Lane Partners has recruited a former Citigroup veteran as a partner and managing director in its office in Coral Gables, Florida.

By Valerie Volcovici

Tamil Nadu has been pounded by heavy rainfall, as several parts of the state's capital city Chennai were water logged and holidays were declared in four districts. Visuals emerged of water logged roads, subways, parked cars and scooters floating, ambulances making way through flooded roads in Chennai. Amid all occurrences ahead of Cyclone Michaung's landfall, expected to happen on Tuesday morning, a video emerged of a ‘mugger’ crocodile crawling on a road in Perungalathur off the highway connecting Chennai with Tiruchirapalli.

LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the football club, Sky News reported Monday.

This is the first instalment of a Global News series called ‘On the Brink,’ which profiles people who are struggling with the rising cost of living. In this story, a Nova Scotia woman talks about the challenges of making ends meet while supporting her family.Maria Burgess knows what it’s like to be on the brink.After years of hardship, the 32-year-old has finally managed to carve out a happy life for herself and her family – but it wasn’t easy.“Now we have a working stove, a working fridge, the clothes on our back and food in our cupboards, which is the big thing for me,” she said in an interview from her home in Moncton, N.B., where she recently moved after exhausting her options in Nova Scotia.She recalls, not too long ago, having to choose between buying groceries, paying rent and letting a bill go.