Citi Financial News

Airtel Thursday said it has expanded its 5G network to all 23 districts of West Bengal, which will bring the high-speed technology to its 1.6 million customers. This marks a significant milestone for Airtel as the company has achieved 5G coverage across all districts and union territories in the country within a year of the launch of the service, the company said.

By Kylie Madry

Air India on Thursday announced that it has entered an intermodal interline agreement with WorldTicket, the exclusive distributor for Europe’s largest railway operator, Deutsche Bahn. With this collaboration, Air India passengers will be able to travel on a single intermodal ticket beyond Frankfurt with train connections to or from other cities and towns across Germany, including those without airports, on Deutsche Bahn. The agreement will allow travellers to connect to and from over 5600 train stations in Germany on the Deutsche Bahn network. Travellers can also take train connections on Deutsche Bahn to and from Amsterdam, Brussels, and Zurich via Air India’s Frankfurt gateway, said the airline in a statement. Travellers will get the benefit of the same baggage allowance on the rail routes as offered by Air India on its own flights.

BSF Director General Nitin Agrawal said here Thursday. He attended and inspected a passing out parade of 599 recruits of the BSF at Subsidiary Training Centre (STC) Kashmir at Humhama on the outskirts of the city. Agrawal said the attempts take place every year as the other side tries to push in a maximum number of militants before the snowfall.

Gopal Rai on Thursday said all ministers of the Delhi government will work at the ground level to ensure strict implementation of air pollution control measures in the national capital. Addressing a press conference here, Rai expressed concern over negligence on part of officers in the implementation of measures outlined in the Centre's air pollution control plan called Graded Response Action Plan (GRAP).

₹24,600 per month by 2022-end to ₹28,500 per month by September-end 2023. At Sarjapur Road, average monthly rents increased from ₹24,000 per month in 2022-end to ₹30,500 per month in September 2023". Also read: Tax implications for non-residents selling ancestral property in India Besides Bengaluru, housing rents have soared in other metropolitan cities including Hyderabad, Pune, Delhi and Mumbai.

City gas distribution player Torrent Gas Limited has appointed Manoj Jain as its Managing Director with effect from 1 January, 2024. Before this, Jain was the Chairman and Managing Director of GAIL (India) Limited from February 2020 to August 2022. «Jain is a seasoned business leader with an excellent track record across multiple areas within GAIL and is widely considered an expert in the Oil and Gas sector.

Former Citi managing director Philip Graham’s CleanPeak Energy is making a bet on the Canberra elite. The rooftop solar outfit has inked an agreement to acquire Sentient Impact Group’s portfolio of 14.5-megawatt solar farms in Western Australia and the nation’s capital.

A major Russian bank has created a solution that lets digital ruble holders perform real-time “withdrawal”-type cash conversions at ATMs.

Vancouver police have released new images of Randall Hopley, notorious convicted sex offender and fugitive sought Canada-wide for walking away from his Vancouver halfway house ahead of a court date.

National Australia Bank lifted cash profit by 8.8 per cent to $7.7 billion for the 2023 financial year and boosted its final dividend to 84¢ a share, but pointed to a “more challenging environment” in its second half and for 2024.

The bank discriminated against Armenian Americans, federal regulators say.

Voters have approved a tax on mansions to pay for affordable housing initiatives in the state capital city of Santa Fe

Authorities in Croatia have recommended that people drink only tap water as they investigate reports of several people getting sick or suffering throat injuries allegedly after consuming bottled beverages

Close to 400 people connected to fossil fuel industries in some way or another attended last year’s United Nations climate talks in Egypt

Top 10 polluted cities in India In view of the deteriorating air quality in Mumbai, several new initiatives have been taken by authorities to reduce air pollution. Maharashtra Minister Deepak Kesarkar said initiatives like, 'cleaning up the roads with water', ' sprinkling water on construction sites', and 'fogging guns are being used to clean air'. Beyond stubble burning: Why is dealing with other 'consistent' sources of Delhi air pollution important He appealed to citizens not to burst firecrackers during Diwali and extended cooperation in improving Mumbai's poor air quality index.

Diwali as meteorological conditions are likely to become slightly favourable. The city's Air Quality Index (AQI) was at 420 at 8 am on Thursday, tad lower than 426 at 4 pm on Wednesday.

Thursday as investors preferred booking profit in the absence of triggers for bullion. The prices in gold and silver declined despite a weak dollar index (DXY). MCX December gold futures were trading at Rs 59,901 per 10 gram, up by Rs 108 or 0.18% from the Thursday closing price.

Siddhartha Khemka, V-P, Head of Research (Retail), MOFSL, says “the passenger vehicle segment within the auto universe has been consistently doing well. But of late, we have seen good recovery especially in the festive season, where demand for some of the two-wheelers have been pretty strong and some of the niche players have reported good numbers like Eicher. But the foray into EVs is helping companies like TVS Motors to show a stronger growth. In the two-wheeler space in terms of valuations, Hero Moto continues to trade at a steep discount to something like Bajaj Auto and Eicher.” How are you seeing this QSR space develop and how do you see this moving because the trend of burgers versus pizza seems to be continuing even as of now. Plus, you do have those factors coming in from food inflation at some point of time as well. So, overall, in this QSR space, anything that you find attractive or what are you looking at here? Yes, definitely, there has been a case in the last few quarters where there is a clear-cut differentiation between the pizzas and the burgers.

Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican media outlets reported. The 73-year-old scientist and tech entrepreneur was scheduled to participate in a World Business Forum event in the Mexican capital's Santa Fe neighborhood.

fire at a shisha bar and restaurant in Bengaluru prompted the chef to jump off the building. This was captured in a horrific video; the chef remains in a coma. The building had not been inspected by the fire and emergency services department because it has no mandate to inspect buildings under 21 metres.