Citi Financial News

new restaurants, pubs, bars and cloud kitchens will be opening their doors this quarter across metropolitan cities as well as tier II-III towns for the New Year. Restaurateurs told ET they are looking to capitalise on the highest demand they are seeing since the pandemic. MMG Group, master franchisee for burgers-and-fries chain McDonald's in the north and east, plans almost as many new QSRs in the current quarter alone as in all of the previous year. «We will be opening 18 outlets in this quarter across New Delhi, Kolkata, Punjab, Haryana, Himachal Pradesh, Uttar Pradesh and the Delhi-Mumbai Expressway (area),» said Sanjeev Agarwal, chairman of MMG Group and McDonald's India North and East.

Taylor Swift Halloween costumes experienced a remarkable shift. It initially hovered at minimal levels around the time of the first U.S.

Travis Kelce, the seasoned tight end for the Kansas City Chiefs, has embarked on an intriguing venture beyond the football field. As per the records maintained by the United States Patent and Trademark Office, the 34-year-old NFL star has submitted five new trademark requests.

Panelists Yelena Shulyatyeva and JC Parets react to the inflation report on 'The Claman Countdown.'

Registration of properties in Mumbai municipal region rose 26 per cent annually to 10,607 units during October, according to Knight Frank India. Total 8,422 properties were registered in October last year in Mumbai city (area under BMC jurisdiction).

World Cup is in progress, could that be a reason? Airfare could be another reason as new fast trains connecting metro cities have been introduced recently, and people might have shifted their preference," said P.P. Khanna, a board member of the Federation of Associations in Indian Tourism and Hospitality.

Magic Summer 2024 Tour. The band comprising of Donnie Wahlberg, Joey McIntyre, Jonathan Knight, Jordan Night and Danny Wood will kick off their three-month tour from Ohio on June 14, performing in over 40 cities before concluding the musical extravaganza on August 25 in Indiana. Paula Abdul and DJ Jazzy Jeff will also join the group on the tour. The «Hangin' Tough» hitmakers have hit the road on several occasions, performing with artistes, including Backstreet Boys, TLC and Boyz II Meni.

Philadelphia 76ers have initiated a significant move by parting ways with James Harden, a decision that is poised to reshape the team's roster and financial landscape. The departure of Harden, who was set to be an important part of their lineup, marks the start of a new era for the 76ers. This move will likely have far-reaching implications for the team, impacting their financial flexibility and the composition of their roster.

PropTech is expected to become $1 trillion industry in 7-8 years, according to Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East, and Africa, CBRE. Magazine said that the development will move behind 3-4 main cities in coming years. CBRE has selected three startups as part of PropTech challenge, ‘DISRUPTECH 2.0’, where Delhi-based Strawcture has emerged as the winner, while Enlite (Mumbai) and SuperBolter (Bengaluru).

wealth management companies — many of which had their origins as boutique city-based firms — are expanding to tier-2 and -3 cities, as wealth in these places has ballooned in the past two-three years, opening new markets for them. This is leading to a surge in demand for wealth managers, or private bankers, triggering a talent war and an all-time high churn at the top deck, said senior company executives. Emergence of new millionaires in towns such as Morbi, Vapi, Panipat, Ludhiana, Tiruppur, Raipur, Dehradun, Jamshedpur and Rajkot — among several other tier-2 and tier-3 locations — is prompting outfits such as Motilal Oswal Private Wealth, 360 ONE Wealth & Asset Management (formerly IIFL Wealth) and WhiteOak Capital AMC to open offices there and ramp up their teams, as they cater to clients worth Rs 2 crore to over Rs 1,000 crore, said the executives. “Wealth creation is no longer the forte of the top cities, neither is it confined to the coffers of the ultra-rich,” said Prateek Pant, chief business officer, WhiteOak Capital, which has set up offices in 50 new micro markets like Guwahati, Amritsar, Jalandhar and Trichy in the last one year.

has sharply deteriorated. Following the end of the monsoon season, the city has been witnessing AQI ranging from ‘poor’ to 'very poor' and ‘severe’.

Captrust has completed its seventh deal of the year and its 70th since 2006 with the acquisition of Column Capital Partners in Indiana.

Delhi's air quality in October this year was the worst since 2020 with meteorologists attributing it to the lack of rainfall. The capital recorded an average Air Quality Index (AQI) of 210 this October, compared to 210 in October last year and 173 in October 2021, according to Central Pollution Control Board (CPCB) data.

digital payment company Worldline, which deploys point-of-sales terminals at merchant outlets, on Tuesday said it has started direct merchant acquisition business in India. It has also launched a new business application on its new generation Android-powered smart terminals which can help merchants accept payments, reconcile their daily sales, access business loans and offer pay later options to their customers.

Revenue from operations during the reporting second quarter jumped 11% year-on-year (YoY) to Rs 3,734 crore. The same was at Rs 3,363 crore in the last year quarter. The revenue growth was driven by an underlying growth of 11% in the India business, 8% in the International business, and 3% in the non-branded business. Consolidated EBITDA for the quarter stood at Rs 569 crore, up 30% YoY. India business For the quarter, the India packaged beverages business delivered 5% revenue growth and 3% volume growth.

Reuters reported that the gunman had wounded two other people in a shooting at a hospital The Japanese police surrounded a post office, and said the case may be linked to an earlier apparent shooting at a nearby hospital in which two people were wounded. One post office employee is still believed to be inside the building, according to AP. Warabi, is situated North of Tokyo, the capital city of Japan.

PTI. According to lead researcher Brittany Krzyzanowski from the institute, previous studies have shown fine particulate matter, or PM2.5 can cause inflammation in the brain, which is "a known mechanism by which Parkinson's disease could develop". Published in the journal Neurology, the US researchers have found that the relationship between air pollution and Parkinson's disease was not the same in every part of the United States, as it varies in strength by region.

In an age where technology continues to shape our financial landscapes, it is crucial to stay ahead of the curve. One such advancement that demands our attention is the fusion of credit cards with UPI (Unified Payments Interface). This innovative marriage of traditional and contemporary financial instruments offers a plethora of benefits.

Global funds are offloading emerging Asia equities outside of China in droves as broader risk appetite cools amid concerns over a stronger dollar, higher borrowing costs and geopolitical tensions.

₹11,000, showcasing a remarkable year-on-year growth of over 60%. Pune, Bengaluru, Hyderabad, Chennai and Delhi saw a decline in demand. The sharpest decline was seen in Pune and Bengaluru, between 5% and 10% in terms of occupancies, while the others were down by up to 5%.

Investing.com — Crude prices tumbled almost 4% on Monday as the market looked beyond the war in the Middle East to focus on what the Federal Reserve might do or say at its interest rate decision on Wednesday.