Citi Financial News
30.10 / 17:25
markets
Citi
Strategy
Election
President
I'll be backing Harris: Schwarzenegger endorses Democratic ticket
Arnold Schwarzenegger, the «Terminator» star and former Republican governor of California, endorsed Democratic candidate Kamala Harris on Wednesday as the only way to «turn the page» on Donald Trump's divisiveness. The former bodybuilder, 77, said that while he had issues with both major parties, Trump's rhetoric calling the United States «a trash can for the world» had made him «furious.» With just days until the November 5 election, Schwarzenegger becomes the latest of dozens of prominent former Republican officials — including former vice president Dick Cheney — to endorse the Democratic candidate for president over Trump.
30.10 / 15:09
markets
Citi
Provident
Digital
Platform
Metro
exclusive
Space World group to raise funds for new fibre ventures
Subscribe to enjoy similar stories. Space World group is evaluating various routes to raise funds to channel into new ventures Constl and Ranext that will offer fibre connectivity between data centres and in-building plug-and-play fibre network for internet services providers. Founder Ankit Goel told Mint in an exclusive interaction that the company will go to market in the next three to six months to raise funds but was yet to decide the route it would take and the equity it intended to dilute.
30.10 / 15:03
UPS
Citi
Yellow
Celebrity
Department
Ayodhya Deepotsav sets two new Guinness World Records in spectacular Diwali celebration on Lord Ram's land
Deepotsava since the installation of Ram Lalla in the newly built temple. Words like “Amazing, Youthful, Opulent, Dynamic, Heavenly, Yellow glow, and Admirable” barely capture the city's vibrant spirit as it welcomed devotees and tourists for this year’s historic festivities. Wednesday’s celebration marked the achievement of two Guinness World Records, set by the Uttar Pradesh Tourism Department, Ayodhya District Administration, and Saryu Arti Samiti. Ayodhya broke the record for the largest display of oil lamps, with 2,512,585 diyas lighting up the banks of the Saryu River. The second record saw 1,121 people performing ‘diya’ rotations simultaneously in a grand aarti, showcasing Ayodhya’s unity in devotion. Deepotsava, a five-day festival, commemorates Lord Rama’s return to Ayodhya after his 14-year exile and has grown in both cultural significance and tourism appeal. Since 2017, Ayodhya has transformed, drawing millions annually. Local businesses thrived as visitors flooded the city, with new hotels and nighttime activities enhancing Ayodhya’s vibrancy.
30.10 / 14:37
Hollywood
UPS
Citi
community
Celebrity
2020
International
Reynolds and McElhenney buy Wrexham Lager brewery after rejuvenating the city's soccer team
Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham — its brewery
30.10 / 12:29
Citi
show
stage
reports
Courts
Investigations
Funeral home owner jailed after 18 bodies found in various stages of decomposition, authorities say
Authorities say a funeral home owner in south Georgia has been arrested and accused of neglecting human corpses after 18 bodies were found at the location in various stages of decomposition
30.10 / 11:25
markets
Citi
Digital
Experts
PAM
International
Adani is eyeing a tiny Himalayan kingdom to power his international blueprint
Gautam Adani is exploring investment opportunities in Bhutan's Gelephu Mindfulness City, a new urban project aimed at transforming the southern region of the Himalayan kingdom into a thriving economic hub. Gelephu Governor Lotay Tshering told Bloomberg, Bhutan is engaging with the Adani Group, led by Asia's second-richest individual, to develop solar and hydroelectric plants within this ambitious 1,000-square-kilometer township near the Indian border. Bhutan’s investment initiative underscores its long-standing alliance with India, which views Bhutan’s growth as strategic for countering China’s influence in the region. This partnership offers Adani Group a chance to bolster its green energy portfolio, aligning with its existing international projects across Israel, Kenya, Sri Lanka, Bangladesh, and Vietnam. Governor Tshering, who served as Bhutan’s Prime Minister until 2023, revealed that hundreds of sites have been identified for renewable energy projects in the Gelephu area. With an estimated capacity addition of 20 gigawatts, the project aims to establish a sustainable energy network. This includes planned contracts for constructing roads, bridges, and facilities that could attract investors from across Asia.
30.10 / 07:21
Citi
community
Department
recommendations
rights
A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional
A New York City judge has ruled that a law the city has relied on to padlock suspected unlicensed marijuana shops is unconstitutional
30.10 / 07:21
30.10 / 07:21
COST
Citi
economy
awards
community
President
country
Biden announces $3B to reduce carbon emissions at US ports, 'the linchpin to America’s supply chain'
The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country, including in Baltimore, where a deadly bridge collapse killed six construction workers and disrupted commercial s...
30.10 / 07:15
30.10 / 07:15
markets
UPS
Citi
Digital
Strategy
awards
WhatsApp
One mn monthly orders of fast moving consumer goods on ONDC but mostly served by brands directly: Kiko Live
FMCG has grown to over 1 million monthly orders on ONDC but these orders are mostly fulfilled from central warehouses, instead of local kirana stores, said Kiko Live, a SaaS solution for neighbourhood stores Kirana sales have dropped by up to 35% in tier 1 markets where quick commerce primarily operates. While customers still visit the store for larger orders, the small order basket, traditionally ordered via phone and delivered by the store delivery boy, is moving to quick commerce. Retailers understand that retaining these customers would require offering a similar quick commerce option. «Kirana-led grocery orders are also approaching a quarter million orders a month, with Kiko Live as the leading player. This is expected to grow rapidly in the coming months, with retailers understanding that going digital is not an option but a necessity for survival,» said Alok Chawla, Co-Founder of Kiko Live, adding early adopter retailers have started creating digital storefronts and offering trackable 30-minute quick commerce-type deliveries.
30.10 / 05:15
markets
Citi
Strategy
community
Celebrity
performer
recommendations
Diwali 2024 Puja Timings in the US: Here’s the Shubh Muhurat for Deepavali across different US Time Zones
Diwali 2024, an auspicious celebration for Hindus worldwide, will be observed with great enthusiasm both in India and in communities around the globe, including the United States. This festival of lights will be marked by gatherings in community centers, temples, and homes, where families and friends come together to celebrate with traditional sweets, music, and cultural performances. Observed on the 15th day of the month of Kartik in the Hindu lunisolar calendar, Diwali typically falls in October or November. This year, Diwali will be celebrated on Thursday, October 31, 2024. This day commemorates the return of Lord Rama and Mata Sita to Ayodhya after vanquishing the demon king Ravana, symbolizing the triumph of good over evil and marking the end of their 14-year exile.
30.10 / 05:15
markets
Citi
community
President
students
Celebrity
Schools
First time in history of New York City, schools will be closed on Diwali: US official
New York City schools will close on November 1 to observe the Hindu festival, Diwali. This marks the first time the city's schools have recognised the holiday. «This year Diwali is special. For the first time in the history of New York City, schools will be closed on Friday, November 1 for the festival of Diwali,» Dilip Chauhan, Deputy Commissioner of the Mayor's Office for International Affairs, said. «It's not easy in New York City, where 1.1 million students are studying in the school, to declare the school a public holiday,» said Chauhan. «So many community leaders--they started this movement many years ago--community advocates, elected officials. But finally, under the administration of New York City Mayor Eric Adams, they have declared, The administration has declared, November 1st, Friday is a school holiday.»
30.10 / 05:13
Citi
Waves
Actor
band
Courts
Sean ‘Diddy’ Combs accused of sexually assaulting 10- and 17-year-old boys
Sean “Diddy” Combs is accused in one of two lawsuits filed Monday of drugging and sexually assaulting a 10-year-old boy in a New York City hotel room in 2005.The second lawsuit accuses the jailed hip-hop mogul of similarly assaulting a 17-year-old would-be contestant on the reality television series Making the Band in 2008.The lawsuits filed in state Supreme Court in New York are the latest in a wave of lawsuits in which accusers allege they were sexually assaulted by Combs at parties and meetings over the last two decades.Combs’ lawyers denied the two new claims Monday and accused the plaintiffs’ lawyer, Anthony Buzbee, who also represents accusers in earlier lawsuits, of seeking publicity.“Mr. Combs and his legal team have full confidence in the facts and the integrity of the judicial process,” an emailed statement said.
30.10 / 04:59
29.10 / 20:03
markets
Citi
film
Actor
stars
rights
International
Alpha Gang: New alien comedy’s plot, cast and production team
Dave Bautista, Steven Yeun and Zoë Kravitz will star in Alpha Gang. It is a new alien invasion comedy from the Zellner brothers, known for their work on Sasquatch Sunset. The film is being marketed at the American Film Market (AFM).
29.10 / 12:15
markets
UPS
Citi
Digital
wellness
reports
Swiggy steps up quick commerce investment to Rs 1,179 crore, eyes 741 dark stores
Swiggy is increasing its investment in its quick-commerce business, Swiggy Instamart to Rs 1,179 crore, up 20% from Rs 982 crore mentioned in the red herring prospectus filed on Tuesday. The Bengaluru-based company said it plans to invest Rs 755.4 crore to expand its dark store network, with an additional Rs 423.3 crore for lease and licensing payments for these stores or warehouses. Swiggy Instamart has around 557 dark stores as of June 30 and plans to now take it to 741 compared to earlier plan of 538 per the draft red herring prospectus in September.
29.10 / 12:15
markets
Citi
Digital
Remark
Celebrity
country
rights
AI-driven gifting: How IGP is transforming the online gifting space
Gone are the days of one-size-fits-all gifting. In the digital age, where consumers increasingly seek personalised, curated gifting options, IGP has positioned itself as a market leader, offering breakthrough choices powered by AI-driven recommendations.
29.10 / 09:11
markets
Citi
Strategy
Election
President
Schools
Rebel Congress Leaders in Pune go independent ahead of Assembly Polls
Congress leaders in Pune, after being left out in ticket distributions for the assembly polls has prompted three senior leaders--Aba Bagul, Kamal Vyavhare, and Manish Anand--to file their nominations as independent candidates for key seats in the city. This discontent stems from seat-sharing issues within the Maha Vikas Aghadi (MVA). The first woman mayor of Pune, Kamal Vyavhare, will contest from Kasba Assembly constituency, while Manish Anand will run from Shivaji Nagar and Aba Bagul from Parvati Assembly seats. Notably, Kasba and Shivaji Nagar seats were allocated to Congress, with Ravindra Dhangekar and Datta Bahirat as the declared candidates, respectively. Parvati Assembly seat was given to NCP's Ashwini Kadam. Aba Bagul, who has been a councillor in Pune Municipal Corporation for 40 years, also being in several standing committees and leader of the opposition in the corporation, is as an independent candidate from the Parvati Assembly constituency of Pune city.
29.10 / 07:25
Citi
Aware
Food
trends
show
social
information
The great Indian diet challenge: do we really know what’s healthy?
Subscribe to enjoy similar stories. Urban India’s perception of healthy eating may not align with established nutritional guidelines, the latest YouGov-Mint-CPR Millennial Survey suggests. Nearly seven in 10 respondents claimed they had improved their diets in the past year.
29.10 / 04:03
markets
Citi
Art
Food
travelers
International
Destinations
Lonely Planet's top 10 cities to visit in 2025; and there's an Indian twist
Lonely Planet reveals its top 10 must-visit destinations for 2025. The travel publishing giant’s list is spread over cities, countries and regions, with Puducherry in India, Osaka in Japan and Edmonton in Canada all making the cut as urban hot spots. Puducherry (formerly known as Pondicherry) is reimagining itself as “a top destination for sand and surf, with an extensive project that’s reclaiming the beaches that eroded into the sea,” Nitya Chambers, Lonely Planet’s SVP, content and executive editor, told CNN.
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