Citi Financial News

28.08 / 10:50
Citi Provident Mobile WhatsApp cover information Traffic Cabinet nod to 3 railway projects worth Rs 6,456 cr
Cabinet, chaired by the Prime Minister Narendra Modi on Wednesday approved 3 railway projects worth Rs 6,456 crore. The three projects covering 7 Districts in 4 States i.e., Odisha, Jharkhand, West Bengal and Chhattisgarh will increase the existing network of Indian Railways by about 300 Kms, said Minister of Information & Broadcasting, Ashwini Vaishnaw. With these projects 14 New Stations will be constructed, providing enhancing connectivity to 2 (Two) Aspirational Districts (Nuapada and East Singhbum). New Line projects will provide connectivity to approx. 1,300 villages and about 11 Lakh population. Multi-tracking project will enhance connectivity to approx. 1,300 villages and about 19 lakh population.
28.08 / 10:36
Citi BBC wellness Trade Bitcoin reports Features CoinFlip Launches Bitcoin ATMs in Mexico as Adoption Increases
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
28.08 / 10:27
UPS Citi Provident Sustainability Election Features Govt announces 12 new industrial smart cities: Here are the cities' names and other key details
Union Cabinet has approved the development of 12 new industrial smart cities under the National Industrial Corridor Development Programme. Union Minister Ashwini Vaishnaw announced that the projects, worth ₹28,602 crore, aim to transform India's industrial landscape. 12 new industrial smart cities: Here are the cities names
28.08 / 07:47
Citi economy Election President country Courts Nepotism in politics: A South Asian bug has bitten Southeast Asian nations
Indonesia last week was rocked by large demonstrations attended by tens of thousands in several cities against a move in parliament aimed at relaxing electoral laws. The amendment, aborted in the face of the protests, would have allowed President Jokowi’s 29-year-old son, Kaesang Pangarep, to contest regional elections in central Java.
28.08 / 06:52
Citi Election Research country rights International As the far right rises in eastern Germany, companies struggle to attract skilled foreign workers
As the far-right Alternative for Germany gains more power in eastern Germany, companies there find it increasingly hard to attract the skilled foreign workers they desperately need
28.08 / 06:16
UPS Citi Digital Platform stage innovations Australia-based REA opens first India GCC in Gurugram
digital real estate advertising company REA group, which is launching its first India global capability centre (GCC) in October, plans to increase its India headcount to 10% of its global workforce in the next two years, said Steve Maidment, chief technology officer at the firm. REA group, which also owns prop tech firms like Housing.com, Makaan.com and PropTiger.com in India though REA India, is setting up the new innovation centre in Gurugram cyber city. «Our aim is to unlock the extensive Indian talent in data, cloud, AI and product development to build products for our users in Australia. REA cyber city teams will work directly with Australian teams on the group's leading products and platforms to shape and deliver experiences for millions of consumers every day across all stages of the property journey», Maidment told ET.
28.08 / 05:16
COST UPS Citi Target pandemic President Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation
Vice President Kamala Harris has a new advertising push to draw attention to her plan to build 3 million new homes over four years
28.08 / 04:33
Citi Target security Apple Freedom 2020 reports What's at stake as 2 Hong Kong journalists await a verdict in their sedition trial?
Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial that’s seen as an indicator for press freedom in the semi-autonomous Chinese city
28.08 / 04:11
Citi MET reports Department Schools Surat weather: Schools shut, trains affected as heavy rains lash Gujarat city
Heavy rains lashed Gujarat and created a flash-floods like situation in several parts of the state. Meanwhile, Surat received 4 cm of rain as per India Met Department and will continue to receive isolated heavy rainfall on Wednesday.
28.08 / 03:41
markets Citi WhatsApp show Citi settles FPI norm violation case with Sebi
Citibank N.A. has settled a case violation of foreign portfolio investor norms with market regulator Sebi by paying ₹40.2 lakh as settlement charges. "Customer acquisition form appeared to have been regenerated by the implementation team, and a member of the implementation team had copied/replicated the end-client's wet-ink signatures without the knowledge of the end client," Sebi said in its order.
27.08 / 20:58
UPS Citi Provident CEO reports Department Courts Police officers are starting to use AI chatbots to write crime reports. Will they hold up in court?
Police officers are starting to use artificial intelligence to help write crime reports
27.08 / 20:19
Citi FIVE Strategy Barcelona stage country International New Champions League format promises more of almost everything storied clubs wanted from UEFA
new Champions League format this season will see more teams playing more games for more prize money. On Thursday, the Union of European Football Associations makes the draw in Monaco for the match schedule of the new single-standings league phase that replaces the traditional group stage. The first new Champions League format since 2003 promises more of almost everything that Europe's wealthiest and most influential clubs wanted from UEFA. There are four more places in a 36-team lineup; at least eight games each instead of six; Champions League games scheduled in January for the first time; a prize money rise of at least 25% to a minimum of 2.5 billion euros (USD 2.8 billion). There also was more evidence, at UEFA's European Championship this summer, that constant expansion of international competitions is leaving players tired and unable to perform at their best year-round. The new league phase in European club soccer's marquee event will have 144 total games compared to 96 in the group stage last season.
27.08 / 20:15
UPS Citi Metro Olympics inclusion volunteers athletics Empathy, inclusivity, humility… Once again Paris is ready for the Games
Paris for the 2024 Paralympic Games is how will the city get ready to welcome close to 300,000 people with special abilities who will be here to watch 4,400 athletes contesting across 23 disciplines spread over the next two weeks. Paris, unlike many other European cities, isn’t really friendly to the specially abled. To give a basic example, most metro stations still don’t have elevators, and some don’t have ramps and even toilets for the specially abled. Some of the venues—like the one used for beach volleyball, right in front of the Eiffel Tower—wasn’t meant for the specially abled during the Olympics that ended on August 11. However, its transformation has been amazing. The venue, which will now host blind football, looks completely different, having gone through a makeover. Adding to the comfort of the paraathletes, there are a lot more volunteers at the metro stations and ramps have come up at certain places.
27.08 / 18:53
markets COST Citi Gap Healthcare cover Features How health insurance industry can offer relevant products for Gen Z and Gen Y
health insurers to bridge gap in coverage and expand their market reach. Moreover, with a working population ratio of nearly 56% as per the latest Annual Periodic Labour survey report, and comprising largely of Gen Y and Gen Z, there is a pressing need for health insurance solutions that are affordable, easily accessible and relevant for young customers. One of the key issues in the current market is the lack of visibility regarding the value proposition of health insurance, leaving many unsure of its immediate necessity.
27.08 / 18:45
Citi love Divinity Celebrity show rights peace Happy Krishna Janmashtami 2024: Wishes, messages, and quotes to send to your family and friends
Krishna Janmashtami on August 26th, Monday, which marks the birth of Lord Krishna, an avatar of Lord Vishnu. The festival falls on the Ashtami of Krishna Paksh, or the eighth day of the dark fortnight according to the Hindu calendar. This celebration aims to spread positivity, love, and unity, as taught by Lord Krishna. To mark this occasion, wishes, messages, and quotes can be shared with friends, family, colleagues, and well-wishers to invoke the blessings of Lord Krishna. This year on Krishna Janmashtami, devotees seek Lord Krishna’s blessings with the hope that he will remove their worries and sorrows. Wish your friends, family and fellow Lord Krishna devotees with these messages:
27.08 / 18:20
Citi Waters Fighting WhatsApp Department Will crush lake encroachments with iron hand: Telangana CM
Nagarjuna, Telangana Chief Minister Revanth Reddy said his government would not spare those who encroached upon lakes and also crack down on such activities even if they are influential in the society. Speaking at a function by the Hare Krishna Movement, Reddy said he would follow the preaching of Lord Krishna which proclaims that for the good of the people, one should follow Dharma in order to defeat Adharma through a fight. Officials of Hyderabad Disaster Response and Asset Protection Agency (HYDRAA), GHMC, Town planning, irrigation and revenue departments on Saturday removed encroachments in the Full Tank Level of the / Buffer zones of Tammidikunta lake and amongst the many structures removed, N- Convention co-owned by Nagarjuna was also one of the unauthorised structures. The N-Convention is built in the FTL / Buffer zone and has no building permission whatsoever, a government release said. «That is the reason despite pressures, though ( some of our) friends have farmhouses, the HYDRAA was created ( for protecting lakes and government properties). I want to do some good to the people as part of that. The sole objective is to liberate these lakes from the encroachers. We will crush encroachments with an iron hand. Though there are pressures, we will not go back and we will remove those encroachments,» the CM asserted.
27.08 / 18:04
COST Citi Metro community Universities show Concern, frustration grows as CPKC, CN rail labour dispute continues
labour dispute is costing farmers between $40 million and $50 million a day. A city councillor says the stoppage has disrupted the daily lives of residents.“We’re going to have to talk to our banks and talk to our creditors and say, ‘Hey, you know what I thought I could do? I can no longer do it,’” Grain Growers of Canada Chair Andre Harpe told Global News.“It’s not been a pleasant experience for anyone,” Maple Ridge, B.C.
27.08 / 18:03
markets Citi Platform classical reports rights International ASK Property Fund divests its investment in a 49-acre Shriram Properties projects
ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has divested its investment in a 49-acre plotted development project developed by Shriram Properties. The domestic alternative investment fund had invested Rs 85 crore in Shriram Pristine Estates in Bengaluru, from ASK Real Estate Special Opportunities Fund IV (RESOF IV) fund in 2022. The exit from the investment yielded an internal rate of return (IRR) of 20% and an investment multiple of 1.24x on their quasi-equity investment in less than 18-months. “This investment is a classic example of an opportunity arising from industry consolidation, as robust sales ensured a successful exit for us. This is part of our platform agreement with Shriram Properties, and we intend to actively participate in their expansion and growth in the near future. Lakshmipathi Chockalingam, Managing Partner-South, ASK Property Fund.
27.08 / 18:03
UPS Citi Booking Food concert pop Features You can now order food 2 days in advance on Zomato! Check details of new feature
Food delivery giant Zomato has an exciting new feature for customers. Food lovers can now book orders up to two days in advance. Orders can now be scheduled from no less than 13,000 eateries around Delhi, Mumbai, Chandigarh, Lucknow, Jaipur, and Bengaluru if they exceed Rs 1,000. Goyal mentioned that these establishments were chosen due to their history of maintaining ample stock and consistently preparing meals on time. These restaurants have consistently ensured a well-stocked inventory and have shown reliability in their kitchen operations. More restaurants and cities will be included in the future, and the service will soon be available for all orders. «Improve your meal planning by placing orders up to two days ahead, and we’ll ensure timely delivery,» Goyal shared in a social media update.
27.08 / 17:49
UPS Citi Strategy WhatsApp Trade stars Hedge funds Millennium and Balyasny both cut senior portfolio managers in Asia
Two major hedge funds have cut portfolio managers in Asia. 
27.08 / 17:48
Citi Man CEO Death Universities Inside Courts Baltimore man accused of killing tech CEO pleads guilty to attempted murder in separate case
A man charged with killing Baltimore tech entrepreneur Pava LaPere last September has pleaded guilty to attempted murder counts in a separate arson and home invasion case just days earlier that left two people seriously injured

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