Citi Financial News

22.10 / 12:25
UPS Citi Manufacturing WhatsApp Reliance Infrastructure launches defence project in Maharashtra with Rs. 10,000 crore investment over next decade
Reliance Infrastructure on Tuesday announced the setting up of the largest Integrated project for Manufacturing of Explosives, Ammunition and Small Arms in Ratnagiri, Maharashtra. The company has been allotted 1000 acres of Land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC). DADC will be the largest Greenfield project in the Defence Sector in India by any Private Sector company, Reliance said in a statement.
22.10 / 11:17
UPS Citi Wildlife show Department prevention Why should wildlife authorities object to camera traps on private property?
Subscribe to enjoy similar stories. Last week, after a couple of days of torrential rain, an unexpected visitor showed up at our house. Just as I was getting ready to go to work in the morning, I saw a large furry creature climb over the neighbour’s wall, saunter across our garden and slip through the small gate that separates our garden from the garage.
22.10 / 09:51
Citi Action economy President country isolate Putin hosts Global South leaders at BRICS summit intended to counterbalance Western clout
China’s Xi Jinping, India’s Narendra Modi and other global leaders have arrived in the Russian city of Kazan for a summit of the BRICS bloc of developing economies that the Kremlin hopes to turn into a rallying point for defying the Western liberal order
22.10 / 07:19
markets UPS Citi Digital Food Trade Varun Bev's chief optimistic of Indian market over 'growing consumption class'
Varun Beverages, India's largest bottling company, has remained confident of Indian market because of growing consumption class and evolving consumer preferences after it released Q3 & 9M CY2024 financial result. «The Indian market, with its growing consumption class and evolving consumer preferences, continues to offer immense opportunities,» said Ravi Jaipuria, Chairman, Varun Beverages Limited. Shares of the Varun Beverages Ltd. traded at Rs 583.15 on BSE at 12:22PM (IST) on Tuesday, up 0.85 per cent.
22.10 / 07:09
markets Citi Strategy wellness rights International Logistics startup Porter eyes more small cities for growth
Subscribe to enjoy similar stories. Bengaluru-based logistics startup Porter is looking to double its domestic geographical presence in the next 3-4 years, even as it seeks to expand its international operations beyond Dubai, a market it entered last year. The company, which is currently present in about 22 cities, including 7-8 metro cities, is looking to expand to nearly 40 cities in the coming years, Uttam Digga, co-founder and CEO of Porter, told Mint.
22.10 / 07:09
UPS Citi Election Healthcare trends India’s freebie paradox: Voters dislike it but want some things for free
Subscribe to enjoy similar stories. Most urban Indians look down upon electoral promises of free goods and services, or “freebies", but that does not stop them from wanting some amenities for free (health and education) or at subsidized rates (gas cylinders and electricity), especially among those higher up the income ladder. That’s a key finding from the latest round of the YouGov-Mint-CPR Millennial Survey, held in July against the backdrop of a trend of election campaigns focusing on the freebies culture in politics.
22.10 / 02:39
markets Citi Digital Strategy Experts PAM Schools Bengaluru weather: More thunderstorms for today as rains to continue this week; Here's IMD forecast
«Bengaluru can expect a cloudy sky today, accompanied by light to moderate rainfall and thunderstorms in both urban and rural areas. The maximum temperature in the city is expected to be 29 degree Celsius while the minimum is expected to be 21 degrees Celsius,» according to the IMD. India's weather agency excpects more rains in the Karnataka capital city, Bengaluru, today i.e. on October 22. Yesterday, due to the incessant rain, the District collector had declared a holiday for Anganwadis, schools in the city. However, no notice for extension of holiday is released.
21.10 / 20:31
markets Citi Digital Booking Strategy Experts show Goosebumps: The Vanishing: What we know about trailer, plot, production and characters
Hulu released the first trailer for Goosebumps: The Vanishing at New York Comic Con. The show, featuring David Schwimmer, brings a mysterious, supernatural entity to New York City.
21.10 / 20:31
markets Citi Digital Experts show isolate Interviews The Walking Dead: Dead City Season 2: Here’s teaser, release window, where to watch, plot, cast and production
AMC announced the return of The Walking Dead: Dead City for its second season in Spring 2025. A teaser was revealed at New York Comic Con. It showed the return of key characters Maggie and Negan.
21.10 / 17:55
Citi MET CEO WhatsApp HUDCO to lend Rs 11,000 crore for construction of Amaravati greenfield capital city
Amaravati greenfield capital city in Andhra Pradesh, the state government said on Monday. Municipal Minister P Narayana, who was in Delhi today, met with HUDCO chief executive Sanjay Kulshrestha and explained to him about the state's government's plans for Amaravati development.
21.10 / 17:39
markets Citi Gap Experts Cycling PAM cover Centre's Megabus Mission to drive in 1,00,000 e-Buses across 65 cities
Bharat Urban Megabus Mission to introduce 100,000 electric buses in all million plus cities in India. The ₹1.75 lakh crore urban mobility mission envisages introduction of electric buses and allied infrastructure, including bus stops, terminals and depots. Apart from introduction of new electric buses, the mission will cover creation of 5,000 kilometres of walking and cycling-friendly streets. The mission will be launched in 2025 and will cover the time till 2029-30 financial year. The Centre wants to increase the share of public transport in motorised trips so that more people start preferring it over taking out their private vehicles. According to sources, the introduction of non-polluting electric vehicles in million plus cities aims to increase public transport mode share to 60% of all motorised trips by 2030 and 80% of all motorised trips by 2036, and non-motorised trips (cycling and walking) being at least 50% of all urban trips by 2030.
21.10 / 16:07
Citi BLOCK Nov community isolate Destinations mountaineering What to know about Biltmore Estate reopening after Hurricane Helene
North Carolina’s Biltmore Estate will soon reopen after being forced to close when floodwaters pushed by Hurricane Helene devasted the area
21.10 / 12:41
markets Citi community President Experts travelers Schools The scandal of the Indonesian leader's son and the private jet
On board that August flight from Jakarta to Los Angeles were Kaesang Pangarep, the younger son of President Joko Widodo of Indonesia, and Kaesang's wife, Erina Gudono. Details of the trip trickled out on Erina's social media accounts: a $1,500 stroller for their soon-to-be-born baby and a $25 lobster roll for lunch. Her posts were seen as tone deaf and led to an uproar at home because most Indonesians cannot afford luxury items. But what made many furious was the fact that the couple traveled on a private jet. It was the antithesis of the Everyman image Joko has long projected. The plane was linked to Shopee, the operator of an online mall. The company had planned to construct a new building in the city of Solo, where Joko began his political career and where until recently the mayor was his older son, Gibran Rakabuming Raka.
21.10 / 07:23
Citi Progressive Extreme wellness trends cover social India’s middle-class riddle: How much do you need to be called rich?
Subscribe to enjoy similar stories. India’s rapid growth story is often linked to its burgeoning middle class. But lack of any official definition makes for an interesting trend: over 88% of urban Indians, including many earning well past India’s per capita income, call themselves ‘middle-class’ when asked to describe their family’s financial situation, reveals the latest round of the YouGov-Mint-CPR Millennial Survey, held in July.
21.10 / 05:35
UPS Citi BLOCK Waters Food Oscar country Cubans struggle with an extended power outage and a new tropical storm
Many Cubans waited in anguish and some took to the streets in protest as widespread blackouts stretched into their third day
21.10 / 03:17
markets Citi Digital Trade Universities International Pharmaceuticals Finance Minister Nirmala Sitharaman lands in US after concluding Mexico visit
Nirmala Sitharaman, arrived in the United States and received a warm welcome at Newark Liberty International Airport on Sunday (local time). India's Ambassador to the United States, Vinay Mohan Kwatra, and Consul General of India in New York, Binaya Srikanta Pradhan, welcomed Sitharaman, following her arrival from Mexico City. «Union Minister of Finance and Corporate Affairs Smt. @nsitharaman is welcomed at the Newark Liberty International Airport by India's Ambassador to USA, Shri @AmbVMKwatra along with Consul General of India in New York, Shri @binaysrikant76, after her arrival from Mexico City, today,» the Ministry of Finance stated in a post on X.
20.10 / 19:53
markets Citi Digital Strategy Election Experts PAM US election 2024 results: This American county voters haven't been wrong about their presidential pick in nearly 50 years
US election 2024 in November, ask the people of Clallam County. The 78,000 folks who live in this strip of mountains, forests and rain-dashed coast in the far northwest of the continental United States haven't been wrong about their presidential pick in almost half a century. as per an AFP report. «Our county is a bellwether county,» explained Rod Fleck, city planner in Forks, a small city in Washington state built on a once-enormous timber industry. «We are the last county that how it votes in November has been an indicator of how the presidential election turns out,» Fleck was quoted as saying by AFP.
20.10 / 19:53
markets Citi Digital Football show performer concert Here’s why Travis Kelce skipped Taylor Swift’s Eras Tour at Miami
Taylor Swift reignites her Eras Tour in Miami, fans were quick to notice the absence of Kansas City Chiefs star Travis Kelce, who has been frequently linked to the pop sensation in recent weeks. Despite speculation, Kelce was notably not present at the Miami concert on October 20, leaving many to wonder about his whereabouts. Meanwhile, his mother, Donna Kelce, made an appearance at the previous night’s show, adding to the intrigue surrounding the athlete's absence.
20.10 / 15:25
markets Citi Target Digital Strategy Experts PAM Prestige Group targeting Rs 10,000 cr annual revenue from NCR
real estate developer Prestige Group is targeting Rs 10,000 crore in annual revenue from the National Capital Region from as early as next financial year as part of its aggressive expansion plans in the region, chairman and managing director Irfan Razack said. The company, which currently generates no revenue from the NCR, is expected to launch a mid-segment project in Ghaziabad, an uber-luxury project along Kasturba Gandhi Marg in Lutyens’ Delhi and has an under-construction hotel and office project at Aerocity near the capital’s airport. “I believe that the NCR market, if we approach it correctly, and with the type of projects we have along with properly growing the pipeline, has the potential to generate Rs 10,000 crore in sales annually,” Razack told ET.
20.10 / 14:53
Citi Sustainability Southern Oscar Oscar becomes “tiny” hurricane, warnings issued for Turks and Caicos, Bahamas, Cuba
MIAMI (AP) — The National Hurricane Center in Miami says Hurricane Oscar has formed off the coast of the Bahamas.

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