Citi Financial News

07.11 / 10:25

markets Citi Digital Manufacturing Election awards country India's goods, services exports to cross USD 800 bn this fiscal: Sakthivel

merchandise and services exports will cross USD 800 billion this fiscal due to the government support and competitive products of the domestic players, an industry official said on Thursday. Apparel Made-ups and Home Furnishing Sector Skill Council Chairman A Sakthivel said the government has taken a series of steps to enhance the industry's competitiveness in promoting ease of doing business and reducing compliance burden, among others.

07.11 / 06:43

markets Citi CEO Sustainability Enterprise Election Diversity From exports to tourism, ET Make in India SME Regional Summit in Jaipur to showcase Rajasthan’s strengths

07.11 / 04:23

Citi Election WhatsApp reports Department Delhi's air quality remains 'very poor', AQI at 367

air quality continued to be in the «very poor» category. While the Air Quality Index at 9 am stood at 367, nine stations — Anand Vihar, Ashok Vihar, Bawana, Jahangirpuri, Mundka, Rohini, Sonia Vihar, Vivek Vihar, Wazirpur — reported air quality in the «severe» category, according to the Central Pollution Control Board (CPCB).

07.11 / 03:33

markets Citi Target Analysis Trade hospital recommendations Hot stocks: Brokerage view on Apollo Hospitals, Gujarat Gas, JSPL, Polycab and Tata Steel

Tata Steel respectively. Jefferies has a buy rating on Polycab.

07.11 / 00:37

markets Citi Digital Election Experts PAM Backpacker hostel chain The Hosteller raises Rs 48 crore in round led by V3 Ventures

The Hosteller, a backpacker hostel chain, has raised Rs 48 crore in a funding round led by V3 Ventures in a mix of equity and debt. This includes a debt of Rs 16 crore from the venture debt platform Blacksoil.

06.11 / 17:39

Citi Waters Strategy Mobile Election PAM sanitizer ADB commits USD 200 mn loan to upgrade water supply, other urban services in Uttarakhand

Asian Development Bank on Wednesday signed a USD 200 million (about Rs 1,680 crore) loan to help upgrade water supply, sanitation, mobility, and other urban services in Uttarakhand. The signatories to the loan agreement for the Uttarakhand Livability Improvement Project were Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance and Mio Oka, country director of India Resident Mission, for ADB, a joint statement said.

06.11 / 17:31

markets Citi Digital Platform Election awards Alta Capital buys IndoSpace’s 2.5 million sq ft warehousing assets for Rs 840 cr

Alta Capital has acquired over 2.5 million sq ft logistics built and fully-leased assets from IndoSpace in a deal valued at over $100 million or Rs 840 crore, said persons with direct knowledge of the development.

06.11 / 15:03

markets UPS Citi Trade Swimming Profiles Bank of America hired one of Citi's senior credit structurers

Bank of America has been shaking up its European fixed income business under its Brians, but it's also been hiring.

06.11 / 15:03

markets UPS Citi wellness President Inside Citi's London DCM bankers incredulous at junior hirings after senior firings

As we noted two weeks ago, there was some upset in Citi's London debt capital markets team last month when four popular and senior debt capital markets (DCM) bankers (Colm Rainey, Christian Rose, Santhi Athreya and Bruno Sáenz de Miera) were let go, despite a strong year.

06.11 / 15:03

UPS Citi Election Research Trade information reports Morning Coffee: The Citi and Goldman Sachs traders bracing for the night of their lives. KPMG cuts young people whose jobs can be done by AI

If you work in trading in either New York or London, you might want a lie-in this morning. A big day is coming, followed by a bigger night ahead, followed by what might turn into a big week and even month.

06.11 / 11:17

Citi Art Sony Celebrity show Schools ‘Musawwari': Contemporary artists usher miniature painting into the modern era

Subscribe to enjoy similar stories. At Ojas Art, New Delhi, an Untitled work by Bristol-based artist Jethro Buck catches the eye. Through one canvas, he has brought the past and present of miniature painting together.

06.11 / 09:13

markets Citi Provident Strategy Election President Maharashtra elections: Ajit Pawar's NCP releases manifesto; vows to increase Majhi Ladki Bahin Yojana amount from Rs 1,500 to Rs 2,100 per month

06.11 / 08:29

Citi Healthcare social hospital strain Schools Running India on a ₹100 budget: Where would you put the money?

Subscribe to enjoy similar stories. Should India focus on free schools and hospitals for the poor or invest in public infrastructure? Offer tax relief to the middle class or prioritize cash transfers for those in need? Boost rural development or build global cities? These are the pressing choices that shape debates on India's welfare policies. In the latest YouGov-Mint-CPR Millennial Survey conducted in July, we explored public preferences on these questions.

06.11 / 05:23

UPS Citi Career Action Strategy Dreams reports How millennials can use these financial hacks to buy their first home

Subscribe to enjoy similar stories. MUMBAI : With real estate prices going through the roof post the pandemic-induced slump, the aspiration for homeownership has become notably challenging for many Indian millennials. Mint has designed this guide to clarify the path to owning a home for millennials, address the obstacles mid-career professionals face, explore available government assistance, and offer actionable financial strategies for purchasing their first home.

06.11 / 05:15

markets Citi Entertainment Election film audience Schools Film Producer Tutu Sharma to launch multiplex chain Citara in tier-II and tier-III cities

06.11 / 02:37

UPS Citi SUN students performer peace Stories in stone: Champaner, Gujarat’s 'forgotten city'

Subscribe to enjoy similar stories. I first visited Champaner as a student of architecture in 1998. The sun was beating down as we settled in to sketch the imposing Jami Masjid, which became a model for mosque architecture across the subcontinent.

06.11 / 01:35

markets Citi Strategy trends Trade exclusive reports Lab-grown diamonds: Goldiam leads the charge, Trent joins the race

Subscribe to enjoy similar stories. With a knack for disrupting industries, Tata Group’s Trent is now setting its sights beyond fast fashion. After redefining affordable clothing, Trent is entering a new frontier—lab-grown diamonds (LGDs).

05.11 / 15:07

markets COST UPS Citi Gap wellness innovations Wakefit gave legacy mattress players a back pain. But can it stay a disruptor?

Subscribe to enjoy similar stories. Bengaluru: On a quiet Sunday evening, at a small Wakefit showroom in Bengaluru’s bustling Ejipura neighbourhood, near Koramangala, 39-year-old Vinesh walked in to try out mattresses for his family of three. A tech professional, Vinesh sat down multiple times on a king-size ‘orthopaedic’ memory foam mattress in the store that also stocked bed frames, coffee tables, dining tables and three-seater sofas.

05.11 / 09:13

markets Citi Digital Strategy Election Experts Colleges Uttar Pradesh: Congress MP Rahul Gandhi chairs DISHA meeting in Raebareli

Congress MP and Lok Sabha Leader of Opposition Rahul Gandhi on Tuesday chaired a District Development Coordination and Monitoring Committee (DISHA) committee meeting in Raebareli. DISHA committee meetings are held on a quarterly basis, under the chairmanship of the MP. Earlier in the day, Rahul Gandhi inaugurated the newly-built Shaheed Chowk and Degree College Chauraha in Raebareli. He also visited and offered prayers at Shri Peepaleshwar Mahadevji Mandir and Hanuman Mandir in the city.

05.11 / 08:25

markets Citi Waters Election Flushing social Flush only when necessary: New York declares drought watch. Here is what it means

drought watch. New York's mayor has urged residents to take shorter showers, fix dripping faucets and leaks and only flush when necessary, as the city endures the longest dry spell in recent memory. October marked the driest on record, leading to minimal inflow to replenish the city’s reservoirs. Eric Adams has urged residents to conserve and preserve water. ALSO READ: Is Trump winning? What it would mean for US economy and rest of the world

05.11 / 07:01

markets Citi Waters Celebrity Inside Schools Colleges Chhath Puja 2024: Delhi schools and colleges to remain closed on November 7; Check details inside

Delhi government, led by the Aam Aadmi Party, has announced that November 7 will be a public holiday in the capital in observance of Chhath Puja. Consequently, all educational institutions—including schools, colleges, and universities—will remain closed on that day. “Chhat Pooja is an important festival for the people of NCT of Delhi. Accordingly, the Government of NCT of Delhi has decided to declare 7th November 2024 as a Public Holiday on account of 'Chhat Pooja'," stated Delhi Chief Minister Atishi in a letter to the Chief Secretary.

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