Citi Financial News

India has never hosted anything of the scale of the G20 Summit which will happen over the weekend in Delhi, with more than 30 heads of state and 10 global organisations converging at Bharat Mandapam, the glamping new meeting venue at Pragati Maidan. By November 30, when the term of India's G20 Presidency ends, over 220 meetings would have happened across 60 cities in all 28 states and 8 union territories. Over 1.5 crore people would have been involved in these programmes or come in touch with some aspects of them. Over 1 lakh participants from around 125 nationalities would have witnessed different parts of India and interacted with Indians of different regions. How did India manage to pull off such a large-scale event spread over a year and across the country? India had all hands on deck as ministers, government officials, state governments, civil society groups, businesses and common people came together to host foreign dignitaries. It all started last February when the G20 hosting process began.The G20 secretariat

opposing Sanatana, it should be eradicated," Udhayanidhi Stalin said and came under intense criticism from the Bharatiya Janata Party (BJP). As a result of the remark on Sanatana Dharma, Udhayanidhi Stalin, the son of Tamil Nadu Chief Minister MK Stalin, and Congress leader Priyank Kharge were booked on Wednesday for "hurting religious sentiments".

G20 Summit. These restrictions are aimed at ensuring smooth proceedings and enhanced security during the international event. The entire New Delhi District will be designated as "Controlled Zone-1".

Macrotech Developers shares have rallied nearly 60%, Prestige Estates Projects jumped over 58%, DLF shares surged 48%, Godrej Properties up over 41% and The Phoenix Mills soared 36%. Among other Nifty Realty constituents, Brigade Enterprises, Indiabulls Real Estate, Oberoi Realty and Sunteck Realty are up in the range of 25%-35% in the last six months.

Mumbai rains: The nation is celebrating Janmashtami, and the city popular for its jubilant celebration and famous Dahi-Handi events is battered with heavy rainfall. Many parts of the city are witnessing heavy downpour since morning on Thursday.

leadership of Chief Minister Eknath Shinde, is set to host a "Pro Govinda" competition featuring cash prizes as part of this year's ‘Dahi Handi’ celebrations, reported ANI. State Industries Minister Uday Samant on September 2 said, “Pro Govinda is an event that has been demanded for many years, and it is now being organised under the leadership of Chief Minister Eknath Shinde." The Pro Govinda competition will be held at the NSCI dome in Worli, Mumbai, with the pot suspended at a height of 40 feet. Cash prizes will be awarded to the winners, with the first prize being ₹11 lakh, followed by second, third, and fourth prizes of ₹7 lakh, 5 lakh, and 3 lakh, respectively.

Bengaluru metro updates: The purple line of the Bengaluru metro is reportedly going to get fully operational on 15 September. MoneyControl news reported that the two stretches on the purple line, Kengeri – Challaghatta and KR Puram – Baiyappanahalli will become operational after 15 September for the public. With the completion of work, the purple line will connect east Bengaluru to most parts of the city.

Janmashtami is celebrated on the Ashtami Tithi of Krishna Paksha in the month of Bhadrapada, marking the birth of Lord Krishna, the reincarnation of Lord Vishnu. This year, Janmashtami is being celebrated on September 6 and 7 owing to the muhurrat timings.

₹ 59043 per 10 gm on Multi Commodity Exchange (MCX). MCX Gold for October 5 delivery went on to hit an intraday high of 59056, and a low of ₹59017.

Mexico is poised to make history in 2024 with its first female president as both the governing Morena party and the opposition coalition have chosen women as their candidates for the upcoming presidential election. Let's get to know these remarkable women who could potentially lead Mexico into a new era of leadership.

G20 summit, the Delhi government has ordered the closure of all schools from September 7 to September 10 but asked the Education Department employees to remain in the city these four days to meet any need for manpower during the event. "...public holiday (has been declared) in Delhi-NCR...

Check all the latest updates on the G20 Summit 2023 at Mint's LIVE blog:Delhi Police has clarified that the entire city is opened during the G20 Summit only a few parts would remain closed. The police said, "It is once again reiterated that restrictons are only imposed in a smal portion of the NDMC area".A Delhi Police officer has sketched caricatures of 30 delegates who will be coming to India as part of the G20 Summit on September 9-10.This includes a total of 30 caricatures of 19 Heads of State, two European Union leaders, and nine other invitees who are expected to attend the gala event here in the national capital.Delhi Assistant Commissioner of Police (ACP) Rajendra Kalkal has made the caricatures and placed them at his office in the police headquarters building for display.The India Meteorological Department (IMD) has installed an additional automatic weather station near Pragati Maidan -- the G20 Summit venue -- to provide specialised and real-time weather forecasts in view of the high-level event.IMD's round-the-clock weather monitoring for the summit will begin on Thursday morning.The Delhi Police authorities have geared up to ensure round-the-clock security arrangements in the national capital during the G20 summit scheduled to be held on September 9 and 10.US President Joe Biden and Prime Minister Narendra Modi are expected to hold a discussion on the agenda of G20, particularly the economic cooperation and multilateral investment opportunities, that stand before it and can be on the American leader's strong desire to see multilateral development bank reform and reshaping, a White House official said.

G20 Summit: The Indian Meteorological Department has predicted a drop in temperature and cloudy weather in Delhi ahead of the summit. To regularly monitor the city weather during summit, the weather forecasting agency will also begin to release special bulletin from Thursday. As per the latest bulletin, weather in the city is likely to remain pleasant with cloudy sky that can also be accompanied with strong winds.

climate change. The Chennai High-Level Principles for a Sustainable and Resilient Blue Economy focus on keeping our oceans healthy. A global ecosystem for clean and green hydrogen will emerge from our presidency, along with a Green Hydrogen Innovation Centre.

a renaming could be part of the agenda in the upcoming Special Session of Parliament. While Union Minister Anurag Thakur has called it a “rumour", while attacking the “mindset" of the Opposition for opposing the name ‘Bharat’, there has been no other word.

By Dietrich Knauth

G20 nations — which together contribute over 80% to global output — when they meet this weekend in New Delhi. ET looks at the finance track of the G20, which focuses on key economic issues the world is grappling with.Progress so far

₹10 lakh in health insurance coverage, while 27 percent have less than ₹5 lakh, revealed a survey conducted by insurance company ACKO in six Indian metro cities. In the survey, which covered over 1,000 people in the age group of 28 to 55, ACKO found out that following the COVID-19 pandemic, awareness about health insurance has increased. However, it also added that the health coverage of most Indians is insufficient compared to the medical expenses.

America’s suburbs are posting the country’s fastest-rising rents, a sign that the recent migration of families from major cities is starting to look more long-term. Many white-collar workers with remote jobs moved out of city apartments for roomier accommodations during the early months of the pandemic in 2020. Now, high mortgage rates and home prices are keeping some of the same families renting for longer periods.

GÖRLITZ, Germany—As evening fell on a recent Monday in this eastern German city of Gothic spires and Renaissance museums, hundreds of protesters began to gather, just as they have nearly every Monday for at least two years. They carried banners calling for Germany to leave the European Union and cheered speakers who demanded that the nearby border with Poland be shut. They are angry about migrants settling in their communities and inflation squeezing their pensions.

Jung Kook, a member of BTS, will co-headline the Global Citizen Festival 2023 in New York City's Central Park on September 23. This marks his debut at the festival and his first performance at a U.S. festival, though he appeared in the GMA Summer Concert Series 2023 and attended Coachella earlier this year as a fan. Expressing his excitement, Jung Kook stated, «I'm thrilled to be a headliner at this year's Global Citizen Festival. The festival focuses on important causes and encourages action, and I'm glad to be a part of it. I look forward to performing at the Great Lawn in Central Park in front of a large audience.» The Global Citizen Festival is a ticketed event, and tickets can be obtained by taking actions to combat extreme poverty through the Global Citizen app and website. The event aims to urge world leaders gathered for the UN General Assembly in New York to address the climate crisis, promote gender equity and tackle global hunger. Jung Kook joins previously announced headliners Ms. Lauryn Hill, Red Hot Chili Peppers and Anitta. The line-up also includes Conan Gray, D-Nice, Megan Thee Stallion, Sofia Carson and Stray Kids. The festival will be broadcast and livestreamed worldwide.