Citi Financial News

Kremlin on Tuesday rejected speculation about President Vladimir Putin's health, saying he was fit and well. Kremlin spokesman Dmitry Peskov, in a regular call with reporters, also denied suggestions that the president was using body doubles, calling that an «absurd hoax». Reporters asked Peskov about Putin's health following an unsourced report by a Russian Telegram channel, picked up by some Western media, that the president had suffered a serious health episode on Sunday evening. Putin, a judo enthusiast who has long cultivated an «action man» image, turned 71 on Oct. 7.

₹50,000 in incremental tranches. As per the report around 70 lakh loans disbursed to date, benefiting over 53 lakh street vendors, with a total value exceeding ₹9,100 crore. The scheme provides loans in three tranches (1st Term loan up to ₹10,000; 2nd term loan up to ₹20,000 and 3rd term loan up to ₹50,000).

world Cup 2023 match between South Africa and Bangladesh. More than 15,000 Mumbai police personnel will be on duty at venues of Dussehra rallies of rival Shiv Sena groups, World Cup match and for overseeing immersion of Goddess Durga, an official said as reported by news agency PTI. As many as 12,449 lower-rank personnel, 2,496 officers, 45 Assistant Commissioners of Police, 16 Deputy Commissioners and half a dozen Additional Commissioners of the city force are being deployed across the financial capital, he said.

here. EUROPEANS HAVE it pretty good. Their cities, especially in the western half of the continent, are in general splendid places to live.

Ravan Dahan on Dussehra. Take a look at state-wise Ravan Dahan tradition in India, 1) Delhi: One of the best spots to witness the Dussehra celebrations is on the grounds of the Red Fort in Delhi. The Ravan Dahan is a component of this magnificent festival.

Dussehra or Vijayadashami with great enthusiasm as it is called a day to honor the victory of good over evil. Let's take a look at Ravan Dahan and Vijayadashami's timings, As per the Hindu calendar, the auspicious time for the burning Ravana effigies will begin at 5.22 pm on October 24, Tuesday.

Axis Bank will announce its financial results for the second quarter of FY24 on October 25, 2023, Wednesday. The private sector lender is expected to report decent profit growth with a rise in net interest income, but margins are likely to remain under pressure, in line with a broader trend in the overall banking sector. The banking sector’s overall credit growth remains healthy at 15% YoY in Q2FY24, mainly led by unsecured loans and some pick-up in corporate credit.

Catch all LIVE Updates on AQI levels in Delhi, Mumbai and other cities. Graded Response Action Plan (GRAP) is a set of guidelines and measures implemented to combat air pollution in the National Capital Region (NCR) of India, which includes Delhi and its surrounding areas. When the Air Quality Index of Delhi NCR ranges from 201 to 300, it will be termed 'poor' and classified under Stage 1 restrictions. AQI levels between 301-400 is called 'very poor' and falls under Stage 2.

By Brigid Riley

banks to look at organising a non-resident Indian (NRI) week in January, aligning with the annual Pravasi Bhartiya Divas, to attract more capital from NRI investors and also understand their issues and provide an instant redressal forum. As per the latest data from the Reserve Bank of India (RBI), NRI deposits increased to $2.14 billion in the first quarter of this financial year from $349 million a year ago. «We have made a suggestion to the banks. A conclave like this can be held in Gujarat International Finance Technology (GIFT) City, but it is for the banks to work out the details.

Also Read: Probe into Mumbai airport to focus on GVK’s alleged lapses The massive deployment of police officials will ensure proper managements of a range of events coinciding with each other. Police personnel will be deployed at the venues of Dussehra rallies of Shiv Sena groups as well. The ruling Shiv Sena and its rival group led by former Maharashtra chief minister Uddhav Thackeray will organise rallies on Dussehra at Azad Maida, South Mumbai and Shivaji Park, Central Mumbai.

A growing number of asset managers are reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.

Mint’s research shows that staying in an Airbnb in most of the popular travel destinations in India and abroad can save you about 10-30% of the costs compared to booking a 3-star hotel offering similar amenities (see graphic). However, this doesn’t mean it will always be the cheaper lodging option .

Adani Ports and Special Economic Zone Limited (APSEZL) on Monday incorporated a wholly owned subsidiary company “Udanvat Leasing IFSC Limited” which is involved in the business of owning and leasing of aircrafts, the company informed in an exchange filing. The new company is situated in GIFT City, Gandhinagar and is yet commence its operations, the Gautam Adani led company further said.

Analysts at Citi raised the Eli Lilly & Co. (NYSE:LLY) price target to $675 from $525, maintaining a Buy rating on the stock in a recent note to clients.

Tata Passenger Electric Mobility Ltd (TPEML), the EV arm of Tata Motors, will start selling electric vehicles through dedicated sales channels in select cities over the next few months and have a shop-in-shop concept at its existing sales channels. The TPG Rise-backed firm will also commence making internal combustion engine (ICE) models and EVs at its Sanand plant in 2024 as part of Tata Motors’ plans to clearly bifurcate the ICE and EV business, the company’s top executive said. TPEML acquired Ford India’s Sanand plant in August 2022 and completed the acquisition in January 2023 for Rs 725.7 crore. The Sanand plant has a manufacturing capacity of 3 lakh units per annum is scalable to 4.2 lakh units per annum. “The Sanand 2 plant will get operationalized next year.

Amritsar and seizure of 12 kilograms of heroin. Announcing the development in a post on X, Punjab Director General of Police Gaurav Yadav said the narcotic network used drones to transport drugs from Pakistan. «Big blow to trans border narcotic network: SSOC (State Special Operation Cell) Amritsar has busted a cross-border heroin smuggling racket and arrested one person and recovered 12 kg heroin,» he said.

Bobi earned the prestigious recognition of being the oldest dog ever by Guinness World Records in February. This purebred Rafeiro do Alentejo achieved a feat that surpassed the previous record held by the Australian cattle-dog Bluey, who lived to be 29 years and five months old before his passing in 1939. Dr. Karen Becker, a distinguished veterinarian, confirmed Bobi's peaceful passing over the weekend, saying, «Last night, this sweet boy earned his wings.

Speaking about the new launch, Anupam Verma, CEO, Rustomjee Urbania, said, "At Rustomjee Group, we are dedicated to seeking fresh and innovative approaches to enhance the lives of our valued customers. We are absolutely thrilled to unveil our latest endeavor,two new towers of La Vie at Rustomjee’s Uptown Urbania. This exceptional launch promises to offer an unparalleled living experience, delivering amenities and features that the city has never witnessed before.

Arvind Kejriwal wants to get the upper-middle-class using public transport. This is a great idea that poses even greater challenges. Public transport needs to offer riders comfort, convenience and reliability in order for the well-heeled to even consider using it.

Atul Save is planning to soon convene a meeting with key stakeholders from the state’s Finance Ministry, Urban Development (UD), and Revenue Departments to review these charges. Realty developers have been urging the state government to consider a 50% reduction in these premiums to make the city more affordable for homebuyers and businesses. Representatives of realtors’ body CREDAI-MCHI had recently met the state’s Revenue Minister Radhakrishna Vikhe Patil to highlight the issues leading to Mumbai's waning allure as the country's financial capital, primarily due to its exorbitant real estate prices. “I will soon convene a meeting with developers along with UD, FM, and Revenue department to understand their concerns and consider reducing the premiums and permission fees.