Citi Financial News

By Heekyong Yang

By Phil Stewart and Suleiman Al-Khalidi

Narendra Modi on Sunday shared a glimpse from the "Deepotsav" in Uttar Pradesh's Ayodhya and noted that it was “amazing, divine, and unforgettable." In a social media post on X in Hindi, the Prime Minister also shared images from the celebrations. He captioned, “Amazing, supernatural and unforgettable! The whole country is becoming illuminated with the grand festival of lights of Ayodhya City illuminated with millions of lamps.

private equity major Warburg Pincus has made an exit worth over Rs 600 crore from its joint platform with realty developer Runwal Group for the development of retail-led, mixed-use properties in India, said persons with direct knowledge of the matter. Runwal took over the stake. In 2019, in one of the largest real-estate investment platform transactions in India, an affiliate of the New York-based institutional investor had entered into the alliance to develop shopping malls in key cities with a sizeable population and growing disposable incomes. “Warburg Pincus exited the joint retail development platform successfully with superior returns last week.

fire broke out in two places in the Khetrajpur area of Odisha's Sambalpur city on 12 November. One fire broke out at a gunny godown and another fire incident broke out on the third floor of a residential building. The fire on third floor of the building has been successfully controlled while the gunny godown fire have also been doused.

Delhi air quality LIVE updates: Delhi, NCR region Air Quality Index (AQI) stood at 266 on November 13, post Diwali, at 6 am according to the Central Pollution Control Board (CPCB). The city was engulfed in a thick layer of smog on the night of Diwali and the toxic haze continued to suspend on the next day following the unprecedented bursting of firecrackers, despite the Supreme Court order.The national capital had been experiencing ‘severe’ air quality for the past 2 weeks which improved following light showers on November 10. The air quality yesterday morning fared best in 8 years on the day of Diwali.

ANI. Meanwhile, in the financial capital, Mumbai also has seen the air quality dropping to alarming levels this year.

Israel-Gaza conflict, the Israeli military supplied 300 litres of fuel to Shifa Hospital for critical medical needs. Here are the top ten key developments in the Israel-Hamas conflict. 1.

Seven West Media, the broadcaster backed by billionaire Kerry Stokes, has become the largest shareholder in ASX-listed radio company ARN Media after grabbing a 19.9 per cent stake in an off-market weekend raid.

Some of the biggest Wall Street investment banks slid down the rankings of high-quality research analysts and sales desks in a widely followed and respected survey of major institutional investors conducted by Peter Lee Associates.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Lucid commits to NACS in 2025; Tesla slumps in China; and XPeng delivers big.

new Muslim ban. Tariffs on all imported goods and "freedom cities" built on federal land. Much of the 2024 presidential campaign has been dominated by the myriad investigations into former President Donald Trump and the subsequent charges against him.

Delhi recorded its best air quality on Diwali day in eight years on Sunday, though pollution levels may rise due to burning of firecrackers and low night temperatures. Delhiites experienced clear skies and abundant sunshine and the city's 24-hour average Air Quality Index (AQI) stood at 218 at 4 pm, the best in at least three weeks. Delhi recorded an AQI of 312 on Diwali last year, 382 in 2021, 414 in 2020, 337 in 2019, 281 in 2018, 319 in 2017 and 431 in 2016, according to Central Pollution Control Board data.

Axis Bank, Bajaj Auto, Maruti Suzuki India Ltd, Cipla Ltd, Glenmark Pharmaceuticals, SBI These High Conviction Stocks Idea are based on key criteria that include The company should have Sound and resilient business. It should have displayed consistent strong financials with high growth potential and high return on invested capital.

Yogi Adityanath said on Sunday that 88 diplomats from 54 countries had visited the new Ayodhya and witnessed the grand 'Deepotsav' in the holy city. Speaking to about the grand Deepotsav, CM Yogi said, «The country and the world have witnessed the Deepotsav of Ayodhya. Diplomats from 54 countries have come and visited the new Ayodhya.

The Indian office space market has emerged as a beacon of stability and resilience in the year 2023, defying global economic uncertainties. With a remarkable absorption of around 38 million square feet of office space, nearly matching the levels witnessed in 2022, India’s commercial real estate sector continues to demonstrate robust momentum. This dynamic landscape is driven by key cities in the southern region, with Bengaluru at the forefront, along with the National Capital Region, collectively accounting for about half of the total office space demand.

Delhi Environment Minister, Gopal Rai, on Sunday appealed to the people of Delhi and its adjacent areas to not burst firecrackers and make it difficult for people to breathe during the festival of Diwali. The environment minister urged the people to instead celebrate the festival in a grand manner by lighting earthen lamps (diyas). «I appeal to people in Delhi and nearby areas of Delhi.

Gaza City overnight and into Sunday as ground forces battled Hamas militants near the territory's largest hospital, where health officials say thousands of medics, patients and displaced people are trapped with no electricity and dwindling supplies. In a televised address on Saturday, Prime Minister Benjamin Netanyahu rejected growing international calls for a cease-fire unless it includes the release of all the nearly 240 hostages captured by Hamas in the Oct. 7 rampage that triggered the war, saying Israel was bringing its «full force» to the battle. Israel has vowed to end Hamas' 16-year rule in Gaza and crush its military capabilities, while blaming the militants for the war's heavy toll on the 2.3 million Palestinians trapped in the besieged territory. Israel has come under mounting international pressure, even from its closest ally, the United States, as the war enters a sixth week.

World Health Organisation (WHO) on Sunday said that it has lost communication with Al-Shifa Hospital in Gaza City, stressing that those who fled the hospital have been reportedly shot, wounded or killed. This comes after it was reported that the hospital has been facing repeated attacks.

Guinness World Record number of bright earthen oil lamps as concerns about air pollution soared in the South Asian country. Across the country, dazzling multi-colored lights decked homes and streets as devotees celebrated the annual Hindu festival of light symbolizing the victory of light over darkness.

Arvind Kejriwal has imposed a stringent ban on firecrackers which may ensure the best air quality in Delhi on Diwali day in eight years. Delhi's Air Quality Index (AQI) stood at 202 at 7 am which is the best in the last few days post stubble burning incidents in neighbouring states since late October. On November 11, the 24-hour average air quality index was registered at 220.