Citi Financial News

Pre-pandemic trends indicate that the travel and tourism sector experienced a robust 16 per cent growth in 2019, however, with the pandemic-related disruptions, travel restrictions and lockdowns, there was a 47 per cent fall in job postings in 2020 and 27 per cent dip in 2021. While the industry began to bounce back with a marginal 3 per cent growth in hiring in 2022, it has dramatically recovered this year, as people regained confidence in travel, the report stated. The foundit report is based on the data as of August 2023.

Morgan Stanley’s Guy Metcalfe, who helped build out the bank’s real estate banking business, will retire after 33 years at the firm.

Victoria’s new Premier Jacinta Allan should scrap $200 billion suburban rail loop, defer any other transport expenditure it can to ease pressure on costs, and charge cars to enter and leave Melbourne’s CBD to give trams on major routes a freer run in the inner city, experts say.

RedboxGlobal India on 27 September. Apart from the World Cup 2023, the tenure also coincides with the seasonally strong 3Q for the hospitality industry and the same is likely to benefit both hotels and airlines sectors (including IHCL, and Indigo) in 3Q, said the firm. In the 46 days, 48 matches will take place in 10 different cities in India, where 10 countries are participating.

Wealth Redefine, a wealth management and financial advisory firm, is extending its presence to offices in Mumbai, Bangalore and the Middle East by 2025. It is also toying with potential expansion into Kolkata.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) While the travel and tourism sector began to bounce back with a marginal 3% hiring upswing in 2022, it dramatically recovered this year. According to foundit, "The optimistic growth can be attributed to increased disposable incomes and higher spending on leisure and business travel in the country".

Vibrant Gujarat Global Summit, when the event began 20 years ago the then Central government did not extend any cooperation and attempts were made to degrade the state's image, Prime Minister Narendra Modi said on Wednesday. «Those who ran central government earlier used to link Gujarat's development with politics. Ministers of then Central government used to refuse to come to Vibrant Gujarat...they used to threaten foreign investors and tried to stop them (foreign investors) from coming to Gujarat...even after so much of threatening, foreign investors came to Gujarat, » PM Modi said. Addressing a programme marking 20 years of the Vibrant Gujarat Global Summit, in Science City, Ahmedabad, the Prime Minister termed the 20 years of the summit as a «key milestone» in advancing the state's growth. «When Vibrant Gujarat was started, there were no big hotels in Gujarat where foreign guests could stay.

Shadowfax on Wednesday announced an increase in its India coverage to 14,000 pincodes. This marks an increase of over 6000 pincodes from January this year which will help the company serve more than 85% of India's population.

Supreme Court on Wednesday ordered a common compilation of submissions be filed by both the parties in a petition by Delhi government challenging the central government's law establishing pre-eminence of the lieutenant governor over the elected AAP dispensation in controlling services in the national capital. A bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra was urged by senior advocate Abhishek Singhvi, appearing for the Delhi government, that the matter be listed before a five-judge Constitution bench for urgent hearing. «I can't express the agony of the (Delhi) administration,» the senior lawyer said.

The MCX October gold futures were trading down by Rs 182 or 0.31% from the Tuesday closing price at Rs 58,250 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,110 per kg, lower by Rs 667 or 0.93%. On Comex, Gold futures were trading at $1,914.40 per troy ounce on Wednesday, down by $5.40 or 0.28% while Silver futures were at $22.950, lower by $0.246 or 1.060%. The comex prices are at a month lows. A rising dollar index (DXY), which is now at its 10 month peak, has engineered the fall in bullion prices.

CBRE. Bangalore, Delhi-NCR and Mumbai are among the top 3 cities spearheading green-compliant office spaces with a cumulative share of 68% of the total, green-certified office stock in India.

Also read: Chinese President Xi Jinping's housing crisis efforts jeopardized as Evergrande face trouble “The real estate sector will continue to be under mounting pressure" despite recent government efforts to support property, said analysts at Poseidon Partner, a Hong Kong-based investment firm. “We expect to see players who racked up debt in the past to continue to suffer." The economist survey coincides with new research from Bloomberg Economics that suggests the “around 5%" growth goal is still possible, though not a sure bet. They estimate the probability of an undershoot at 18%.

Keanu Reeves and Alexandra Grant made their red carpet debut as a couple at the LACMA Art + Film Gala in 2019, holding hands and fueling speculation about their romantic relationship. People magazine had reported their dating status months before this public appearance, confirming the budding romance. In a March 2023 interview with People, Reeves continued to discuss Grant, indicating that their relationship remained robust. Here's what you need to know about Reeves' girlfriend.

By Jose Gonzalez and Laura Gottesdiener

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2023. Petcare brand Heads Up for Tails (HUFT) is looking to chart newer domains of growth and plans to take its private-label portfolio across nutrition, grooming and lifestyle products to the global market in 2024, its founder Rashi Narang told ET. The company, which started in 2008 and is backed by the likes of Peak XV Partners and Verlinvest, is also looking to double down on its offline presence and launch new stores in tier 2 and tier 3 cities.

‘Shark Tank’ stars Daymond John, Barbara Corcoran and Kevin O’Leary discuss a variety of topics on ‘The Claman Countdown,' including how to build a business in difficult economic times and the current retail demand.

Tens of thousands of hospitality workers in Las Vegas are set to vote on whether to authorize a strike that could disrupt dozens of resorts

FIFA is moving more than 100 jobs from its Swiss headquarters to Florida where a growing workforce is already working on organizing the 2026 World Cup

(Reuters) — Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft and organized retail crime was threatening the security of the retailer's employees and customers.

Narendra Modi said on Tuesday during his first visit to his home state after both the houses passed the Women Reservation Bill. «Like every year, this year too you had sent me Rakhi in large numbers.

Manchester United are hosting Crystal Palace at Old Trafford today in Carabao Cup or EFL cup. Erik Ten Hag's side defeated Burnley in the Premier League last weekend. Meanwhile, Palace had played goalless draw with Fulham. United will also face Palace at home in the Premier league on this Saturday. Mason Mount and Harry Maguire have chances to feature in today's match as defending champion Manchester United looks to avoid another early-season setback when it hosts Crystal Palace in the third round of the League Cup. It's the only all-Premier League clash among Tuesday's games, with Wolverhampton visiting Ipswich and Burnley traveling to League Two side Salford City. Manager Erik ten Hag will have to decide how heavily to rotate for a competition that provided him with his first title at the club last season. United is already nine points behind Premier League leader Manchester City, and the League Cup may be Ten Hag's best chance for silverware again.