Citi Financial News
02.11 / 15:29
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Delhi's PM2.5 levels up by 13% on Diwali night this year: Report
PM2.5 levels hit a peak by midnight on Diwali this year, which was 13 per cent higher than the peaks observed last year and in 2022, a recent analysis showed. The Diwali night this year had higher nitrogen dioxide (NO2) levels that indicates high traffic congestion, a report by Centre for Science and Environment (CSE) said. The research organisation's report also said unlike previous years, on Diwali night in Delhi, there was a quick build-up of PM2.5 levels and dissipation the next day. «By midnight on October 31, PM2.5 hit a peak of 603 g/m³, 13 per cent higher than Diwali peaks observed in 2022 and 2023,» the report stated.
02.11 / 15:29
Citi
Strategy
Election
President
reports
travelers
Trump will spend every day until election in North Carolina, a swing state he won twice
The former president's path to the 270 electoral votes needed to capture the presidency gets significantly more complicated if he loses North Carolina. The fast-growing Southern state gave Trump his smallest margin of victory — 1.3 percentage points — over Democrat Joe Biden four years ago. Trump will campaign in Gastonia, west of Charlotte, and Greensboro on Saturday, with a stop in Salem, Virginia, in between. He will be in the eastern city of Kinston on Sunday and in Raleigh on Monday. Those four rallies will bring his total events in North Carolina since October 1 to nine. His running mate, Ohio Sen. JD Vance, has been in the state six times during the same period, most recently on Friday.
02.11 / 12:03
UPS
Citi
pandemic
Trade
Justice
Department
Courts
Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in demand during the pandemic
02.11 / 04:45
Citi
security
WhatsApp
reports
Jammu and Kashmir: Encounter between security forces and terrorists breaks out in Srinagar
encounter broke out between security forces and terrorists on Saturday in the Khanyar locality of Jammu and Kashmir's summer capital here, officials said. Security forces launched a cordon and search operation in the Khanyar area of the city on Saturday morning following inputs about the presence of terrorists in the area, the officials added.
02.11 / 02:25
01.11 / 12:01
markets
UPS
Citi
Landmark
Racing
Election
Maharashtra elections: All eyes on whether debutant Amit Thackeray can breach 'Sena bastion' Mahim
Shiv Sena in Mumbai's Mahim constituency, where MNS chief Raj Thackeray's son Amit Thackeray is making his electoral debut. BJP has added a layer of complexity to what otherwise seems like a three-corner contest involving Amit Thackeray, Shiv Sena's sitting MLA Sada Sarvankar and Mahesh Sawant nominated by rival Shiv Sena (UBT). Despite Shiv Sena being its ally in the ruling Mahayuti coalition, the BJP has expressed its keenness to back the MNS candidate. Efforts are underway to persuade Sarvankar to withdraw from the race, according to sources. The Mahim constituency, which witnessed the birth of the undivided Shiv Sena (1966) and then the Maharashtra Navnirman Sena (MNS) in 2006, sits in the heart of the city, stretching from Century Bazar in Prabhadevi to Mahim Koliwada.
01.11 / 11:49
Citi
Provident
CEO
wellness
hospital
reports
patient
Indian ambulances getting an upgrade with more organized players
Subscribe to enjoy similar stories. Mumbai: India's ambulance sector is seeing an upgrade with several start-ups and the state government not just working to address the deficit but also upgrading it by launching advanced ambulances. For instance, Maharashtra’s hinterland is set to get a key medical upgrade with the state government partnering with Sumeet-SSG—a joint venture between Pune-based Sumeet Group Enterprises’s and Spanish emergency transport provider SSG Matrix—to deploy a fleet of 1,756 advanced ambulances.
01.11 / 10:09
markets
Citi
Digital
Celebrity
Features
Videos
We need to create system in which people's skills get their due: Rahul Gandhi
Rahul Gandhi Friday called for creating a system in which people's skills get their due and everyone's contribution is respected, as he shared a Diwali video in which he interacts with paint job workers and potters. Posting the over nine-minute video which features him also having a conversation with his nephew Raihan Rajiv Vadra on YouTube, the former Congress chief said, «A memorable Diwali with special people — I celebrated this Diwali working with some painter brothers and making earthen diyas with a potter family.» «I saw their work closely, tried to learn their skills and understood their difficulties and problems. They don't go home. We celebrate festivals happily and to earn some money, they forget their village, city, family,» Gandhi said. «They make happiness from clay. While lighting up the festivals of others, are they able to live in light themselves? Those who build houses can hardly run their own houses!» he said.
01.11 / 06:53
Citi
Provident
CEO
Strategy
country
International
Rhenus Group aims to reach 5 mn sqft of warehousing space in India by 2026: Tobias Martin Bartz, CEO, Rhenus Group
logistics services provider the Rhenus Group, which entered India through a joint venture in 2010, is now expanding its business by focussing on smaller towns. It expects more demand for efficient logistics as e-commerce grows.
01.11 / 04:07
markets
Citi
Digital
Bill
Experts
PAM
guidelines
Joint Parliament Committee on Waqf bill to visit 5 cities for study tour
Lok Sabha Secretariat announced on Thursday that the Joint Committee on the Waqf (Amendment) Bill, 2024, will conduct a study tour across five Indian cities. The committee will visit Guwahati, Bhubaneswar, Kolkata, Patna, and Lucknow from November 9 to November 14, as part of its examination of the Waqf (Amendment) Bill, 2024. According to an official communication from Joint Secretary JM Baisakh, the study visit program is designed to assist committee members in their review of the proposed bill.
01.11 / 01:25
markets
Citi
Digital
RAI
reports
Diwali firecrackers smother Delhi in smog as air quality plummets: AQI soars above 900
stubble burning, and local pollution to push the Air Quality Index (AQI) into the “very poor” category. At 10 p.m., the overall AQI for Delhi stood at 330, and certain key areas even recorded “severe” pollution levels.
01.11 / 01:25
markets
Citi
Digital
Career
Mercury
beautiful
Schools
Mario Balotelli looking for a fairy-tale swansong at Genoa
Mario Balotelli is looking for a fairy-tale swansong to a nomadic — and often controversial — career. He will have the spotlight on Monday in Parma, where the mercurial forward could make his debut for his latest Serie A club Genoa. Balotelli joined beleaguered Genoa this week, marking his return to Serie A after more than four years. «Mario has arrived with really great motivation. I've spoken a lot with him,» Genoa coach Alberto Gilardino said.
31.10 / 17:21
markets
UPS
Citi
community
rights
mountaineering
snowboarding
California voters consider controversial vacation homes tax in iconic Lake Tahoe area
Voters in the scenic mountain town of South Lake Tahoe in Northern California are considering a tax on vacation homes
31.10 / 17:03
markets
Citi
Airlines
Enterprise
blues
International
Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum price
Pakistan International Airlines (PIA) was held at a hotel in Islamabad and shown live on the state-run PTV channel. The move to sell the PIA and other loss-making state-owned enterprises is part of the deal with the International Monetary Fund (IMF) that recently agreed to provide USD 7 billion to Pakistan. The government had pre-qualified six groups in June, but only a real-estate development company, Blue World City, participated in the final bidding process.
31.10 / 16:21
markets
Citi
Target
Manufacturing
economy
CIBC
track
Bank of Canada could deliver bigger rate cut again amid signs economy stalled
The Canadian economy posted flat growth in August, Statistics Canada said Thursday, but there were signs of a rebound stirring in September.
31.10 / 14:57
Citi
Provident
Google
Gemini
information
Features
Destinations
Google Maps adds AI features to help users explore and navigate the world around them
Google Maps is heading down a new road steered by artificial intelligence
31.10 / 14:55
markets
Citi
Strategy
wellness
film
Schools
Bandra West seat: BJP's Mumbai chief Ashish Shelar seeks third term from onetime Cong bastion
Bandra West assembly seat, comprising an area with plush houses of some of Bollywood's top film stars as well as localities from Santacruz and Khar, was a Congress stronghold till 2014 before the BJP wrested it through its city unit chief and high-profile leader Ashish Shelar. Shelar, seeking a third win on the trot, is pitted against the Congress' Asif Zakaria, who was defeated by the former in 2019 by a margin of 26,507 votes. Bandra West assembly seat has 2,87,657 voters, comprising 1,49,443 men and 1,38,204 women. It has some of the poshest houses in the city, mainly in Bandra West and Khar, as well as teeming slum colonies apart from middle class localities of Santacruz. The area sees a steady stream of visitors all through the year as people from across the country arrive to catch a glimpse of film icons Shah Rukh Khan and Salman Khan.
31.10 / 11:47
markets
Citi
Digital
Celebrity
stars
Relationships
Taylor Swift's father names the best boyfriend the global superstar ever had. Is it Travis Kelce?
Taylor Swift’s father, Scott Swift, recently shared his thoughts on her relationship with Kansas City Chiefs star Travis Kelce during an unplanned chat with Taylor Moore, a travel agent and TikTok creator. Seated next to Moore on a flight, Scott expressed his admiration for Kelce, unprompted, saying how much he appreciated Travis and noted that he had made the most significant positive impact among Taylor’s boyfriends over the past 12 years. Moore said Scott praised Kelce’s character and family, revealing that he had known Kylie Kelce’s father—Travis’ sister-in-law’s dad—even before Swift and Kelce began dating. Taylor Moore has mentioned about her interaction with Taylor Swift's father on a flight. Scott’s enthusiasm for the couple adds another layer to the public’s fascination with Swift and Kelce’s high-profile romance. The relationship first went public when Taylor Swift attended one of Kelce’s NFL games, sparking headlines and excitement among fans. Since then, Swift has been seen supporting Kelce at various events, and they were even spotted together celebrating the Kansas City Chiefs' Super Bowl win, adding fuel to what has become a cultural phenomenon among fans.
31.10 / 11:35
markets
Citi
Digital
Google
CEO
security
Metro
Mygate boosts revenue by 35% and cuts losses by 82% in FY24
Housing society management app Mygate saw its operating revenue rise 35% to Rs 96 crore in the financial year ended March 31 from Rs 71 crore in 2022-23. The Bengaluru-based company's consolidated net loss narrowed significantly by 82% to Rs 40 crore from Rs 227 crore a year ago. This sharp cut in losses was driven by a 51% reduction in its total expenses, which came down to Rs 149 crore in 2023-24 from Rs 304 crore in the previous year. In 2023-24, the company spent Rs 82 crore on employee benefits while incurring other expenses of Rs 61 crore.
31.10 / 03:57
markets
Citi
Digital
Strategy
WhatsApp
Celebrity
Schools
Diwali Lakshmi Puja 2024 Time: Check city-wise shubh muhurat for Bengaluru, Delhi, Mumbai, Noida, Gurgaon & other major cities
Lakshmi Puja to honor the goddess of wealth and prosperity. This main event follows Dhanteras and will precede Bhai Dooj, with each day bearing its own rituals.
30.10 / 19:23
markets
Citi
Digital
Food
trends
Experts
PAM
Premium products are fast flying off the shelves despite slowdown
premium products from daily groceries and household items to smartphones and beer has bucked the slowdown trend, especially in cities where consumers have cut back on lower-priced products amid inflation. Most consumer companies during the September quarter earnings indicated that urban growth tapered off even as demand in villages recovered gradually. «We actually looked under the bonnet. And even when you peel the surface, you find that the premium segments, popular segments, mass segments, the rank order of hierarchy of growth is the same as observed in other quarters. Premium continues to grow 30-odd percent or thereabouts faster than the other segments. And we see the trend of upgradation remaining consistent and secular even in rural,» Rohit Jawa, managing director at Hindustan Unilever said. Urban markets grew 4.3% while rural areas saw volume growth at 3.9% within the FMCG segment, as per latest data by Kantar. This was compared to a growth of 8.1% in cities and 6.3% in villages a year ago, indicating broad-based slowdown across markets.
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