Citi Financial News

By Nivedita Balu and Niket Nishant

Uber on Thursday announced the launch of its global flagship electric vehicle service Uber Green in Bengaluru which allows residents of the tech city to book sustainable and eco-friendly rides on their app. Karnataka Information Technology Minister Priyank Kharge flagged off the first Uber Green vehicles from the Bengaluru Palace on the sidelines of the Bengaluru Tech Summit. The cab aggregator said Uber Green is now available in several parts of the city including most of central Bengaluru and that it will soon be extended to more parts of the city.

Royal Bank of Canada beat analysts’ earnings estimates after reporting strong capital-markets performance and a tax adjustment in the company’s favour.

Rajasthan Assembly Elections. We will track India Today-Axis My India, ABP-C Voter, Times Now-ETG,News 24-Today's Chanakya predictions for Rajasthan.

₹500 crore in domestic box office collections within nine months and make for the top three highest grossers of all time in the Hindi language. Until 2023, the highest Hindi language grosser was Aamir Khan’s Dangal, which had made ₹387.38 crore when released in 2016.

Rothschild & Co. and Morgan Stanley are among global investment banks opening up in Abu Dhabi as the deep-pocketed United Arab Emirates’ capital continues to attract more international money and financial firms.

Indian consumers are spending, as medical emergency costs continue to rise, a new report by research firm Mintel said. The necessity to be prepared for medical emergencies has increased from 43 per cent this year, compared to 35 per cent in 2022. This trend of health and preventive wellness spending has gone up across city tiers, according to the report, and consumers across economic strata are prioritising health and wellness spending, the report noted. “The majority of urban consumers (40 per cent) recognise the importance of investing in preventive healthcare solutions, such as spending on vitamins and minerals and health check-ups,” Mintel noted.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

blast killed seven people and injured 24 at a plant of Indian specialty chemicals maker Aether Industries in the western port city of Surat, the company confirmed on Thursday. The cause of the explosion early on Wednesday has yet to be determined, said city fire official Omprakash Mishra, although a fire it started had been put out.

Bengaluru and Coimbatore. WorkEZ’s managed office space portfolio now spans 1.1 million square feet with over 22,000 workstations across 12 centres. “Founded in H2 2019, just before the onset of the COVID pandemic, WorkEZ has grown its portfolio at an annual rate (“CAGR”) of over 50% to exceed one mn sq.

Gurpatwant Singh Pannun, the Khalistani separatist and Indian-origin citizen of the US and Canada, is in the spotlight after the US law enforcement authorities on Wednesday announced the filing of a «murder-for-hire» charges against Indian national Nikhil Gupta in what they said was a «foiled plot to assassinate» Pannun in New York City allegedly supervised by an Indian government official. Pannun has been the most vocal proponent of Khalistan in recent years, holding Khalistani referendums in Western countries and announcing rewards to Indian SIkhs for writing Khalistani graffiti and hoisting Khalistani flags. A designated terrorist wanted in India in nearly two dozen cases related to terror and sedition, Pannun has emerged as the biggest figurehead of the Khalistani movement, threatening India and Hindus with impunity, even threatening obliquely to blow up Air India flights recently. Read More:'Matter of concern,' New Delhi says as US indictment names Indian on Khalistani Pannun's murder plot charges Pannun started out as an eccentric activist, who would file cases in American courts against visiting Indian politicians for their alleged role in the 1984 Sikh riots, and has now become the most reocgnised face of the global Khalistani movement. The beginning of Pannun “Children often bring pride to their village or towns, but Gurpatwant has besmirched its reputation with a tag of a terrorist's village and brought us shame,” Sarjan Singh, a resident of Pannun's ancestral village Khankot, on the outskirts of Amritsar in Punjab, had told TOI three years ago.

NIA Thursday strongly opposed Elgar Parishad-Maoist links case accused Shoma Kanti Sen's plea seeking interim bail on health grounds, saying she was suffering from general ailments and there was nothing special about it. Additional Solicitor General KM Nataraj, appearing for NIA, told a bench of Justice Aniruddha Bose and Justice Augustine George Masih that a medical board can be constituted to verify Sen's medical condition and there is nothing which requires immediate treatment. «The medical report shows that these are general ailments and there is nothing special about it.

Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over. On average, prices have risen by 7.4% year on year in local currency terms for over 200 commonly used goods and services, a drop from the record 8.1% increase last year but still "significantly higher than the trend in 2017-2021," it said in a report.

ONGC) and Oil India are expected to ride on a multi-year upcycle with oil prices remaining elevated at levels between $80 and $100 per BBL for much of CY24, Motilal Oswal said in a note as it picked these stocks as its preferred buys in the energy space. A resilient demand growth amid sufficient new supply will keep the crude oil prices firm, the Motilal Oswal report said while conceding supply delays are not ruled out.

Dozens of South Korean and U.S. combat engineers build a pontoon bridge to ferry tanks and armored vehicles across the water, all within easy range of North Korean artillery. For seven decades, the allies have staged annual drills like this recent one to deter aggression from North Korea, whose 1950 surprise invasion of South Korea started a war that has technically yet to end. The alliance with the United States has allowed South Korea to build a powerful democracy, its citizens confident that Washington would protect them if Pyongyang ever acted on its dream of unifying the Korean Peninsula under its own rule. Until now.

Fortis Healthcare chief executive said speciality hospital chains could lure investors on the basis of faster infrastructure creation and accessibility, and could also meet new consumer demands in the healthcare space. Bali said AHH’s business grew on the back of investments in single specialities such as oncology and neonatology. The use of technology to scale led to more neonatal intensive care beds that could address infant deaths, a problem he said AHH identified.

murder-for-hire charges for an attempt to kill Khalistani separatist and leader of banned Sikhs For Justice (SFJ) outfit Gurpatwant Singh Pannun on American soil. The development comes just hours after India announced they have formed a high-level probe committee into security concerns shared by the US during the recently concluded bilateral meet. -- The US Justice Department has filed charges against an Indian national for an alleged plot to assassinate a US-based leader of the Sikh Separatist Movement and a citizen in New York.

Thane Municipal Corporation (TMC) on Wednesday, November 29, notified of the upcoming interruption in water supply in some parts of Thane through Maharashtra Industrial Development Corporation for 12 hours. Citing repair work and maintenance, TMC said the interruption would occur on December 1. "Urgent repair work will be undertaken at Katai Naka on Barvi Gravity Channel through Maharashtra Industrial Development Corporation.

China and India will be granted visa-free entry to Malaysia for a duration of up to 30 days from December 1, as announced by Prime Minister Anwar Ibrahim during a speech at the People's Justice Party congress on Sunday. The visa exemptions, confirmed by Malaysia's Home Affairs Ministry in a statement on Monday, will be in effect until December 31, 2024. As reported by PTI, China and India represent Malaysia's fourth and fifth-largest tourist markets.

Cost of Living LIVE Updates November 30: 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.

The first phase followed the creation in 2020 of a new regulator, the International Financial Services Authority, which outlined an ambition to create a welcoming place where India-centric trading that’s moved to Dubai, Mauritius or Singapore can return home. K Rajaraman, who took charge as chairman of the IFSCA in August, spoke with Bloomberg News about the outlook for GIFT City. The interview is lightly edited for clarity: How has GIFT developed since the creation of the IFSCA? GIFT City started in 2007 as a completely greenfield experiment when PM Modi was the chief minister of the state of Gujarat. In 2020 the government created the IFSCA as a unified regulator.