Citi Financial News

30.08 / 15:33

Citi Waters country Europe's Gabon-exposed stocks slide after military coup

By Danilo Masoni

30.08 / 15:09

Citi FIVE Will evaluate shareholders’ requests for dividends, but no decision yet: Zomato CFO Akshant Goyal

Zomato, which posted its first ever quarterly profit earlier this month, said it currently has no plans to pay dividends to shareholders but will look into doing so in future, chief financial officer Akshant Goyal said at the company’s annual general meeting on Wednesday. “We’ll continue evaluating that as we go along. At this point there is nothing that we’ve decided.

30.08 / 14:13

Citi Remark Micron country blues Rare blue supermoon to illuminate skies on August 31; here's where all you can view it in India

blue supermoon is poised to grace the night sky. This remarkable event is scheduled for the evening of August 31 when the full Moon ascends into the heavens. A supermoon occurs when the moon's orbit brings it remarkably close to Earth, resulting in it appearing larger and brighter than its usual self.

30.08 / 13:43

Citi Airlines T-Mobile performer concert singer Travis Scott's 2023 Tour Utopia-Circus Maximus: Will the singer perform in Houston? Check the dates, venues and tickets

Travis Scott has announced his Utopia-Circus Maximus Tour for 2023. The singer has promised his fans “an unparalleled audiovisual experience" on the tour. He will be promoting 'Utopia', his latest album, on tour. 'Utopia' already has 1.5 billion streams online, and is the No.1 album on Billboard.Travis Scott will be touring 28 cities, including the USA and Canada, in 2023. Here are the dates and venues. Travis Scott's 2023 Utopia-Circus Maximus Tour begins on October 11 in Charlotte, North Carolina, and will end on December 29, 2023 in Toronto. But his Houston fans will be disappointed that the singer will not be performing in his hometown this year.

30.08 / 13:43

Citi awards film Actor voice star Raksha Bandhan 2023: Mamata Banerjee meets Amitabh Bachchan at ‘Jalsa’, ties rakhi

Mamata Banerjee, who is in Mumbai, has special plans for Raksha Bandhan this year. Banerjee, who arrived at the Mumbai airport for the forthcoming two-day gathering of the Indian National Developmental Inclusive Alliance (INDIA) scheduled on Thursday (August 31) and Friday (September 1), made her way to Bollywood megastar Amitabh Bachchan's residence on Wednesday. For the festivities, the West Bengal CM plans to tie rakhi to the Big B. She could be seen entering Bachchan's home 'Jalsa' in suburban Juhu in an SUV amid heavy security. It was reported that Bachchan had extended an invitation for tea at his place during Banerjee's Mumbai visit. The duo's connection goes way back.

30.08 / 12:37

Citi Target Fighting show social Drones targeted 5 regions in biggest attack on Russian soil in 18 months, defense ministry says

drone attack on Russian soil in the 18 months of fighting in Ukraine. Drones hit an airport in the western Pskov region and were shot down over the regions of Oryol, Bryansk, Ryazan and Kaluga. The strike in Pskov started a massive fire and four Il-78 transport aircraft were damaged, Russia's state news agency Tass reported, citing emergency officials. Pskov regional Gov. Mikhail Vedernikov ordered all flights to and from the Pskov airport canceled Wednesday, citing the need to assess the damage during daylight. Footage and images posted on social media overnight showed smoke billowing over the city of Pskov, and a large blaze.

30.08 / 11:05

Citi Aviat Fighting country Inside EgyptAir will resume direct flights from Egypt to conflict-stricken Sudan

Egyptian authorities say the national carrier will resume direct flights to Sudan this week following high profile talks between the Egyptian president and Sudan’s military chief

30.08 / 10:35

UPS Citi Waters BAY Explainer Explainer: How climate change is fueling hurricanes

Florida's Gulf Coast due on Wednesday signaled activity in the Atlantic's hurricane alley might not be as quiet this year as meteorologists had once predicted. Scientists initially forecast in May that the U.S. would see a near-normal Atlantic hurricane season, but raised that forecast in mid-August, projecting a more dangerous storm season.

30.08 / 10:19

UPS Citi Provident FIVE Booking Manufacturing country Top 5 Rail Stocks that Could be a Hot Investment

railway stockshave been on the radar of investors. And for good reason. The government is planning to introduce aproduction-linked incentive (PLI) scheme for train component makersas part of its efforts to attract foreign manufacturing firms and reduce dependence on import.

30.08 / 09:59

Citi BLOCK Reuters Anthem Celebrity country Power Gabon coup: Military officers say they're seizing power after President Ali Bongo wins third term

Gabon coup: A group of senior military officers in Gabon claimed they had seized power in the early hours of Wednesday. This came minutes after the Central African state's election body announced that President Ali Bongo Ondimba, 64, was declared winner of an election marred by fears of violence. As per media reports, The officers claimed to speak for all of Gabon's security and military forces on the television station Gabon 24.

30.08 / 09:16

UPS Citi Provident Parke Metro The impact of Gurugram’s real estate growth on employment and economic development

The location of any business is far more important than, say, the size or the interior of the shop. The reason is obvious — it is the place that is more likely to be frequented by the people than, say, a place that might be good otherwise but does not have anything attractive for the people.

30.08 / 09:15

Citi Provident Waters Manufacturing Pool Celebrity India’s residential realty has potential to generate output equivalent of $3.5 trn in 2047

By 2047, India’s real estate sector is estimated to expand to $5.8 tn, contributing 15.5% to the total economic output, while the residential market has a potential to generate an output equivalent of $3.5 trn in 2047, according to the Knight Frank-NAREDCO India Real Estate-Vision 2047 report released recently.

30.08 / 09:15

UPS Citi CEO Align stage social Golf Course Extension Road & Dwarka Expressway: Hotspots of high real estate demand in Gurugram

The real estate sector in India has witnessed a noteworthy surge in demand and transactions over the past couple of years. The sector, which grappled with high pre-COVID inventory levels, now faces a different scenario with restricted supply in many high-demand cities and neighborhoods. Among these, Gurugram stands out as a city witnessing an upsurge in demand across the entire residential housing spectrum, encompassing affordable and luxury options, independent houses, floors, and plots.

30.08 / 09:05

COST Citi Manufacturing Metro country Titagarh Rail Systems bags Rs 350-crore contract for Ahmedabad Metro project

Titagarh Rail Systems Ltd (TRL) formerly Titagarh Wagons on Wednesday said it has received a letter of acceptance for a Rs 350-crore contract from Gujarat Metro Rail Corporation (GMRC) for the design, manufacture, supply, testing, commissioning and training of 30 standard gauge cars. The standard gauge cars are for Ahmedabad Metro Rail Phase-II project, an official said. «The prototype Metro car has to be built in 70 weeks and the entire contract has to be delivered in 94 weeks.

30.08 / 08:43

UPS Citi Target consolidation Buy or sell: Paints sector in consolidation mode. Add Kansai Nerolac, reduce Asian Paints, Berger

Also Read: Stocks to Buy: Tata Steel, JSW Steel, Jindal Steel & Power among top bets in metal sector It believes M&As could help new players to secure competitive advantages such as brands, distribution and stronger connect with painters. ICICI Securities advises investors to stay underweight in paint stocks. It believes the likely increase in competitive intensity may hurt industry profitability and cap valuation multiples.

30.08 / 08:43

Citi Metro Silver Gold and silver prices for today—August 30. Check the latest rates in your city

₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market. Gold prices traded with gains in the morning session in the domestic futures market on Wednesday.

30.08 / 07:25

UPS Citi dance Don't dance, use bridges with caution: BMC issues important advisory before Ganeshotsav

Mumbai gears up for the much-awaited Ganeshotsav festivities next month, the Brihanmumbai Municipal Corporation (BMC) has issued a timely caution to devotees concerning the usage of aging and risky road over bridges (ROBs), particularly those currently undergoing repairs. As per a TOI report, in a bid to ensure safety, weight restrictions have been placed on certain bridges, including the Curry Road Station ROB and the Chinchpokli Railway Station Bridge on Sane Guruji Marg. Organizers have been instructed not to exceed a load of 16 tonnes at any given time.

30.08 / 06:09

Citi Provident MET Cooper Disney Manufacturing Here's what the U.S. hopes China will do after Raimondo's trip

BEIJING — U.S. Commerce Secretary Gina Raimondo has left Beijing with a few deliverables: plans for formal discussions on export controls and tourism.

30.08 / 06:01

Citi Pride country ‘Good for Chess’: R Praggnanandhaa receives grand welcome at Chennai airport | Watch

Airport. Upon his arrival in the city, Praggnanandhaa said, “I am very happy to see so many people coming here and it is good for Chess". The Indian Chess prodigy won a silver medal in the Fide World Cup 2023 and qualified for the Candidates 2024 recently.

30.08 / 04:41

UPS Citi Strategy Metro MCD Inside G20 Summit: Langur cut-outs deployed along G20 routes to deter monkeys

The Hindustan Times citing senior officials, the municipal authority intends to employ 40 skilled personnel to replicate the vocalizations of grey langurs. This strategy aims to discourage monkeys from approaching hotels and venues linked to the G20 Summit. NDMC vice chairman Satish Upadhyay noted that these temporary steps are being taken in coordination with the Delhi forest department to ensure that monkeys remain inside the Ridge and do not cause disruptions to the motorcades of dignitaries.

30.08 / 04:31

UPS Citi Digital CEO Strategy Celebrity track Takeaways from ET Soonicorns Summit 2023: Celebrating future unicorns, maritime startups, spacetech, deeptech and more

Amidst this backdrop of a burgeoning startup ecosystem, the Bengaluru edition of the ET Soonicorns Summit 2023, held on August 26, 2023, served as a confluence of visionary leaders, entrepreneurs, investors, and stakeholders, all driven by the common goal of shaping India's technological trajectory.

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