Citi Financial News

Paris is currently grappling with a bedbug infestation, as per reports. The French government recently revealed that these blood-sucking insects have become a cause for concern within the city. Transport Minister Clement Beaune announced Friday that he would convene a special meeting with the city's transport operators to address the problem and ensure the public's safety.

Kia Seltos, Mahindra XUV700, Honda City and Hyundai Venue amid continued strong demand. While Kia India has raised prices of its newly launched Seltos, as well as multipurpose vehicle Carens, by up to ₹50,000 with effect from October 1, Mahindra's popular SUVs Scorpio Classic, Scorpio-N, XUV300, XUV700, Thar have become dearer by up to ₹81,000. Hyundai too has increased prices of its SUVs Venue and Tucson by up to ₹48,000. Prices of Honda Cars' City and Amaze sedans have also been increased, albeit by a more modest up to ₹7,900. Some carmakers said a rise in input costs, which were not fully passed on to customers last year, necessitated the latest revision in vehicle prices.

finance and corporate affairs are at an advanced stage of firming up a much-awaited framework for direct listing of Indian companies abroad, which could be introduced later this financial year, said people with knowledge of the matter. The move would set the stage for unicorns and other entities to have easier access to a larger pool of foreign capital, they said, adding that it could also encourage a greater number of startups, with Indians at the helm, to incorporate within the country instead of jurisdictions like Singapore. Initially, the framework will be used to allow direct listing at the International Financial Services Centre (IFSC) at Gujarat's GIFT City. Subsequently, it will govern listings in other jurisdictions as and when the government decides to allow that, the people told ET. «The capital markets division of the Department of Economic Affairs (DEA) and the Ministry of Corporate Affairs (MCA) are firming up rules that will act as an enabler of the direct listing process.

₹43,000 to ₹48,000 on 14 October, when India plays Pakistan. Ginger is a hotel brand under The Indian Hotels Co. Ltd (IHCL).

branded jewellery industry is a case of effective state intervention to correct market imperfection. India was last year the second largest importer of gold, the bulk of it for domestic jewellery consumption. Regulatory requirements of greater transparency by buyers through money laundering legislation and sellers through hallmarking have speeded up the formalisation of the jewellery industry.

Spanish city of Murcia on Sunday, killing 13 people and injuring several others, authorities said. The fire started around 6 a.m.

₹42,999 for one-way and ₹52,999 for return. Apart from this, Air India said that all-premium economy fares start from ₹79,999 for one way and ₹1,09,999 for return. It added that currently, Air India’s premium economy class is available to guests traveling on select routes: Bengaluru-San Francisco, Mumbai-San Francisco, and Mumbai-New York.

Penrith halfback Nathan Cleary manufactured an astonishing 26-24 comeback victory over the Brisbane Broncos as the Panthers became the first team in 40 years to win three straight National Rugby League titles in a Grand Final thriller on Sunday.

Bengaluru News: A Kannada actor Nagabhushana on Saturday rammed his car into an electric pole prior to which he hit a couple with his car in Karnataka's capital city Bengaluru. According to reports the woman succumbed to her injuries while the man is still undergoing treatment.

₹1,18,199.17 per kilolitre (Kl), up 5.14% from ₹1,12,419.33 last month. Similarly, the price of jet fuel in Kolkata increased 4.65% to ₹1,26,697.08 per Kl. In other key cities of Mumbai and Chennai, jet fuel is now priced at ₹1,10,592.31 and ₹1,22,423.92 per Kl, according to data from the OMCs.

Tata Housing will launch 10 million square feet of residential projects over the next 2-3 years with an estimated revenue of Rs 16,000 crore to encash strong consumer demand, a top company official said. In an interview with PTI, Tata Realty and Infrastructure Ltd MD & CEO Sanjay Dutt sounded very bullish about the growth potential in India's housing market and said the company would be launching several projects to tap this rise in demand. «We are launching 10 million square feet residential projects across various cities with a topline of roughly Rs 16,000 crore.» Tata Realty and Infrastructure Ltd (TRIL) is a 100 per cent subsidiary of Tata Sons.

Take a look at the video below, Political leaders from across the country joined hands and actively participated in the call for cleanliness drive by PM Modi. He urged citizens to participate in the campaign ‘Ek Tareekh, Ek Ghanta, Ek Saath’ on October 1 at 10 am on the occasion of Gandhi Jayanti which commemorates the birth anniversary of Mahatma Gandhi.

The owners of a 55.45 per cent stake in Melbourne toll road EastLink are ready to launch the mooted auction,after the auction’s big gorilla, Transurban, was handed a speeding ticket by the competition regulator on its ability to bid.

World Cup is driving up bookings for accomodations in host cities, specially where India is slated to play, thereby pushing up room tariffs, according to travel and hospitality players. Ahmedabad, Hyderabad, Bangalore, Delhi, Kolkata and Dharamshala are among the cities which have witnessed a surge in demand, as per booking trends of MakeMyTrip, OYO and Yatra Online.

₹209 from 1 October. The hike of ₹209 has come after two successive reduction of ₹250 (Approx) in August and September this year. In Delhi, the commercial gas cylinder price has been increased to ₹1,731.50/kg from ₹1,522.50/kg.

Bengaluru transport department has banned carpooling using mobile application platforms like Quick Ride and others following complaints from taxi drivers, according to a report of The Times of India. Additional commissioner (enforcement) of the transport department, Mallikarjun C, informed TOI that individuals engaging in carpooling through these apps could face serious consequences. Offenders may have their registration certificates (RC) suspended for up to six months and could be fined anywhere from Rs 5,000 to Rs 10,000. The transport department maintains that carpooling apps are in violation of regulations by aggregating private cars that are not authorized for commercial use.

Glasgow gurdwara committee assured the High Commissioner that the three persons involved in the unsavory incident were not part of their regular congregation and were unknown to the community gurudwara on Albert Road in Glasgow. The committee has requested the High Commissioner to visit the Gurudwara again and a public statement is expected to be released by them tomorrow.

Afghanistan in the Russian city of Kazan that saw participation from India and representatives of the Taliban called for an inclusive government in Kabul, ensuring rights of women and preventing the Afghan territory from being used for spreading terror. India was represented at Friday’s meeting by its Moscow-based envoy Pawan Kapoor. ET was the first to report that India will participate in the Moscow format meet in Kazan on September 29. The fifth meeting of the Moscow format on Afghanistan also witnessed the participation of special representatives and senior officials from Russia, China, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan. Representatives of Qatar, the UAE, Saudi Arabia and Turkiye also attended the meeting as invited parties.

Textile Industry (CITI) on Friday has elected Rakesh Mehra as Chairman, Ashwin Chandran as Deputy Chairman and Dinesh Nolkha as Vice Chairman for two years- 2023-2025. The decision was made during the organisation’s 65th Annual General Meeting (AGM), held virtually. In a statement, the apex body of textile industry said that Dinesh Nolkha has been elected as the vice-chairman at the 65th annual general meeting. Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector. Reflecting on the industry’s recent challenges, outgoing Chairman T Rajkumar acknowledged the sector’s resilience, citing a 4.33% growth in the country’s cumulative exports of textiles and apparel in August compared to the previous year. India aims to clock $350 billion in apparel and textiles market size including $100 billion exports by 2030.

By Kanishka Singh

Jewar airport. These plots are part of a 100-acre data centre park planned by the state government-run Yamuna Expressway Industrial Development Authority (Yeida). The UP government aims to establish three data centre parks where it is expecting investments of Rs 20,000 crore. The one in Jewar is the first of these planned facilities. “The investment explosion across the Indian data centre market over the past few years has been long overdue.