Citi Financial News

Also read: ‘G20 summit is People’s Presidency', says PM Modi in Mann Ki Baat From September 8 to September 10, all establishments, including schools, offices, restaurants, malls, and markets in New Delhi, will be closed. The Supreme Court will also remain closed during this period.

₹90,000 per kg by December 2023, analysts said. The gold-silver ratio was around 85 in the beginning of August, now has come down to around 79.1. The gold-silver ratio is a metric used to understand the relationship between the values of gold and silver.

Assetmonk, an alternative real estate investment platform, has acquired around 90,000 sq ft of office space in Tidel Park, a commercial office property in Taramani, Chennai, valued at around Rs 89 crore. The acquired floor in 1.2 mn sq ft IT park in Tidel Park hosts around 250 Fortune US conglomerates as its tenants, delivering an average rental yield exceeding 10.6%. The asset was bought from a Mumbai-based seller and is targeting an IRR of 16.5% over 5-6 years’ tenure. “The inclusion of the exceptional commercial asset at Tidel Park to our portfolio is a deliberate move in our long-term strategy, aimed at identifying unique and high-potential investment opportunities for seasoned investors.

Shiromani Gurdwara Parbandhak Committee (SGPC) now plans to extend internships in Golden Temple to scholars specializing in Comparative Studies from different universities. This move is geared towards enhancing pilgrims' comprehension of Sikh religion and traditions, providing insights from various perspectives and languages.

PTI, this directive includes the dismissal of the recent directives issued by Atishi, a minister from the Aam Aadmi Party (AAP), regarding matters related to services and vigilance. The AAP-led government responded with a statement asserting that the newly enacted law is in violation of the constitution and undermines the authority that a democratically elected government in Delhi should possess.

London’s traffic cameras are under attack

₹54600 per 10 grams for 22 carats, and ₹59550 per 10 grams for 24-carat in the spot market. Bangalore- Rs59400 Chennai- Rs59750 Delhi- Rs59550 Kolkata- Rs59400 Mumbai- Rs59400 Pune- ₹59450 Bangalore- ₹54450 Chennai- ₹54750 Delhi- ₹54600 Kolkata- ₹54450 Mumbai- ₹54450 Pune- ₹54450 However, the rates mentioned above do not include GST, and other levies. 24k gold is available in the market in the form of bars and coins.

Surat, a hub for diamond processing, is facing a s... moreSurat, a hub for diamond processing, is facing a severe crisis.

weaker than expected, and property developers are caught in an unprecedented wave of defaults and restructurings. China’s trusts, which channel funds from investors to infrastructure, property and other opportunities, are exposed to both developments. Although Xinhua’s bankruptcy has been relatively straightforward, a bigger blow-up may be on the way at Zhongrong, one of the country’s largest trusts, which missed payments to clients in mid-August.

Canada between April 2022 and March 2023, according to a recent report from The Technology Councils of North America (TECNA) and Canada's Tech Network (CTN). Out of more than 32,000 tech workers, 15,097 came from India, followed by 1,808 from Nigeria, partly due to Canada's immigration-friendly national policy and labor cost advantage, the report said. According to the report, the rise of remote work has resulted in tech talents more frequently moving away from traditional tech hubs. This is partly due to the COVID-19 pandemic, the report said. The same report said that in 2022, Canada had more than 400,000 software developers in the country and the growth of the national tech workforce has not been limited to the bigger Canadian markets. In fact, smaller provinces like Saskatchewan and Newfoundland and Labrador have experienced the most rapid growth in their tech workforces, with a year-over-year growth of 16.3%. Mississauga, home to nearly 1,000 IT companies with over 300,000 tech professionals, and Montreal, where tech ecosystems have grown around 31 per cent from 2015 to 2020, were among the top Canadian cities to tap the talent.

In a bid to ensure the security of the G20 Summit in Delhi, insiders have revealed that a discreet measure, "House Intervention Teams" (HIT squads), will be stationed within city hotels housing G20 delegates. The primary objective of these teams will be to address potential hostage crises that might emerge during the summit.

Pay Commission pay scale, effective from January 1, 2016, along with time-bound salary increments, Madhya Pradesh Chief Minister Shivraj Singh Chouhan announced on August 28. The time-bound pay scales will be extended to doctors in all departments, with salary increments granted at five, ten, and fifteen years of service without the requirement of promotion, reported PTI.

Uber has completed 10 years in India starting its journey from just a few cities in 2013 and now operates in over 125 cities across the country. According to a release by Uber, the popular app allows millions of users to book rides within minutes while helping 800,000 drivers earn a sustainable income.

They say love doesn't cost a thing.

That sobering view of a post-pandemic global economy emerged from research organized by the Kansas City Federal Reserve and debated here this past weekend. It explored issues like the outlook for technological innovation, public debt, and the state of international trade at a time when the Russian invasion of Ukraine and conflict between the U.S.

Thousands of protesters on cars and motorbikes have taken to the streets of Colombia’s main cities to reject recent hikes in gasoline prices that have drastically increased the price of fuel in the South American country

The Indian Express, this specialized K9 team comprises 34 explosive detection dogs that were obtained as puppies from a kennel in Hyderabad specifically for the Summit. Following their training at the ITBP camp in Bhanu, Chandigarh, they were deployed to the city. Additionally, the team includes 13 trained dogs that were acquired from the Indian Army's RVC (Remount and Veterinary Corps) unit.

(Reuters) — Australia's Star Entertainment Group swung to an annual profit on Tuesday as operating conditions continued to stabilise and revenues improved across segments, also helping the cash-strapped casino operator significantly reduce its debt levels.

AU Small Finance Bank is fast expanding its credit cards business, competing with some full-service commercial banks as well as the new generation of fintech companies that are trying to grab a share of this growing segment. Within two years of starting its own cards business, the bank currently has more than 600,000 credit cards in the market and sees it as a tool to attract new customers. Its competitors include Federal Bank (650,000 cards) and SBM India (940,000 cards), both full service commercial banks which too have scaled up their credit cards businesses recently. While SBM India and Federal Bank have strong co-branded partnerships, AU Small Finance Bank has built its own distribution franchise. Interestingly, credit cards are usually not the product banks look to scale up at the beginning of their journey.

The Mexican government says it has sent 1,200 more troops to the cartel-dominated western state of Michoacan after a weekend of violence

Virgin Australia chief executive Jayne Hrdlicka said allowing more competition from Qatar Airways would slash overseas fares by up to 40 per cent.