Citi Financial News

01.04 / 10:37
Citi Digital Aviat SPY track social Why will tracking Taylor Swift and Elon Musk’s private jets become nearly impossible?
tech hubs or Taylor Swift’s jet making a mysterious landing in a new city before a surprise appearance, online flight trackers made it easy to follow the world's most high-profile figures. But those days may be numbered. Thanks to a new rule from the Federal Aviation Administration (FAA), private aircraft owners—including Musk, Swift, and a host of other VIPs—can now request to have their flight data shielded from public databases. This means that the digital trail that once allowed fans, journalists, and even corporate spies to monitor their every takeoff and landing is about to vanish into thin air.
01.04 / 08:33
Citi Progressive Airlines WhatsApp social reports British Airways' Kolkata-London direct flights could return as Mamata Banerjee seeks revival
British Airways is reportedly considering launching a biweekly service between the two cities. The announcement came after West Bengal Chief Minister Mamata Banerjee raised the issue during her recent visit to the United Kingdom. On Thursday, the Trinamool Congress (TMC) said on social media that British Airways is acting on Banerjee's request, with plans for direct flights already in progress. However, the airline has yet to issue an official statement regarding the matter.
01.04 / 04:39
markets COST Citi Food travelers Bengaluru techie from farming background urges city people not to waste food: Know the 'pain of farmers who grow it'
He pleaded with consumers to be mindful of food wastage, stressing that only farmers truly understand the toil involved in growing food. The user, who hailed from a family of farmers, recounted how his great-grandparents, grandparents, and father had all been dedicated to agriculture. His father, instead of investing in commercial real estate in the city, chose to put his savings into agricultural land in their village, determined to carry forward the family’s farming tradition.
01.04 / 04:39
UPS Citi WhatsApp Trade cover Bengaluru property owners, get ready to pay a 'fee' to BBMP for solid waste management
The Solid Waste Management fee will be determined by the built-up area of residential properties, as per ANI. For properties up to 600 sq ft, resident owners will pay Rs 10 per month; from 600–1,000 sq ft one will have to pay Rs 50 per month; Rs 150 per month for built up area of 2,000–3,000 sq ft; Rs 200 per month from 3,000–4,000 sq ft; and finally Rs 400 per month above 4,000 sq ft. The plans were announced in the municipal body's budget on Saturday, which proposed to collect a solid waste management user fee along with property tax from the year 2025-26. Prepared under the «Brand Bengaluru» concept, the BBMP budget has an outlay of about Rs 19,930 crore, an almost 50 per cent increase from the previous fiscal year.
01.04 / 04:39
Citi Citizens Action security Trade Justice Department US sanctions 6 Chinese and Hong Kong officials, drawing backlash from city's government
transnational repression" and acts that threaten to further erode the city's autonomy, drawing condemnation from the territory's government Tuesday. The six officials included Justice Secretary Paul Lam, security office director Dong Jingwei and police commissioner Raymond Siu. The sanctions are expected to further escalate tensions between Washington and Beijing, who are already locked in friction over trade tariffs and other issues like Taiwan. «Beijing and Hong Kong officials have used Hong Kong national security laws extraterritorially to intimidate, silence, and harass 19 pro-democracy activists who were forced to flee overseas, including a US citizen and four other US residents,» the US State Department said. The statement dated Monday said the six officials sanctioned were linked to entities or actions that engaged in coercing, arresting, detaining or imprisoning individuals under the authority of the city's security law, or implementing the law. The other three affected officials were Sonny Au, the secretary-general for the city's committee for safeguarding national security, and Dick Wong and Margaret Chiu, both assistant commissioners of the police.
01.04 / 03:31
Citi Target Research Experts Inside recommendations Updates Vodafone Idea shares in focus as Govt converts Rs 36,950 crore dues into equity, stake rises to 48.99%
Vodafone Idea shares will be in focus on Tuesday as the government converts Rs 36,950 crore of the telco’s outstanding spectrum payment dues into equity, reducing its statutory liabilities and supporting its financial viability. The move will raise the Centre’s stake in Vi from 22.6% to 48.99%. At the same time, private promoters Vodafone Plc and Aditya Birla Group (ABG) will see their holdings drop to 16.1% and 9.4%, respectively, though they will retain operational control.
01.04 / 03:11
Citi Citizens security Southern Trade Justice Department US sanctions 6 Chinese and Hong Kong officials, drawing backlash from the city's government
The United States sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts that threaten to further erode the southern Chinese city’s autonomy
01.04 / 01:37
markets COST Citi Provident trends International Commercial LPG cylinders price reduced by Rs 41 from today
LPG prices are revised regularly, influenced by fluctuations in global crude oil rates and other economic factors. While commercial LPG rates have seen frequent adjustments, domestic LPG prices—used for household cooking—remain unchanged in this revision, providing stability for residential consumers.
01.04 / 01:09
markets Citi country hospital travelers Destinations orienteering Checking in: Global hotel chains make big India bet, sign wave of deals
Subscribe to enjoy similar stories. Global hotel brands are making a beeline for India, signing a flurry of deals with local property owners to expand in one of the world's fastest growing hospitality markets.
31.03 / 20:19
markets COST UPS Citi Sustainability Maharashtra govt increases Mumbai's ready reckoner rates by 3.4%, state average 3.9%
Mumbai will witness an average 3.39% hike, while the average hike across the state is 3.89%. Municipal corporation areas across the state, except Mumbai, will witness an average increase of 5.95%, while municipal councils and nagar panchayats will see a 4.97% hike. Urban areas will see a 3.29% rise, and rural regions will witness an average increase of 3.36%, the state government said in a statement.
31.03 / 19:09
Citi Target Aware Manufacturing security wellness cover E-bus subsidy maybe cut for wider run
electric buses under the PM E-Drive scheme to cover more cities without increasing the budget allocation. The Centre currently offers a subsidy of ₹20-35 lakh per e-bus, depending on the carrying capacity and specification of the vehicle. According to officials aware of the development, Surat, Pune, Hyderabad and Bengaluru have together raised a demand for more than 15,000 units. This is well above the scheme target to subsidise 14,028 e-buses with a funding support of ₹4,391 crore. «The newly formed Delhi government is expected to raise a significant demand for e-buses. Orders from Ahmedabad, Mumbai, Chennai and Kolkata are awaited as well,» a senior official told ET, while adding that the government may lower the per e-bus subsidy for catering to more cities.
31.03 / 16:53
markets UPS Citi Sustainability innovations Features DGS Group Acquires 10,000 Sq. Metres In Lokhandwala For Rs 1,600 Crore Luxury Project
Mumbai: DGS Land Developers India Pvt Ltd has acquired approximately 10,000 square metres of prime land in Lokhandwala, Andheri West, to develop one of the largest high-rise projects in Mumbai’s western suburbs. The project, with a potential height of up to 43 floors and a total built-up area exceeding 500,000 square feet, will feature luxury residences and premium retail spaces.
31.03 / 14:35
Citi Provident Target Analysis Sustainability Research International Govt’s equity-for-debt plan to aid Vi’s cash flow; survival concerns persist
Subscribe to enjoy similar stories. The government’s fresh equity-for-debt in Vodafone Idea is expected to provide the telecom operator with a ₹40,000 crore cash flow relief over the next three years and reduce the operator’s net debt by 18%, analysts said, adding that concerns over the company’s survival remain.
31.03 / 10:35
Citi Citizens Refugees country rights Pakistan plans to expel 3 million Afghans from the country this year
It's the latest phase of a nationwide crackdown launched in October 2023 to expel foreigners living in Pakistan illegally, mostly Afghans. The campaign has drawn fire from rights groups, the Taliban government, and the U.N. Arrests and deportations were due to begin April 1 but were pushed back to April 10 because of the Eid al-Fitr holidays marking the end of Ramadan, according to government documents seen by The Associated Press. About 845,000 Afghans have left Pakistan over the past 18 months, figures from the International Organization for Migration show. Pakistan says 3 million Afghans remain. Of these, 1,344,584 hold Proof of Registration cards, while 807,402 have Afghan Citizen Cards. There are a further 1 million Afghans who are in the country illegally because they have no paperwork.
31.03 / 10:15
UPS Citi Research reports Schools International Why India's middle class wants their children in international schools
international board schools for their children, with the nation hosting the second-largest number of international schools worldwide — not just in name with a tag, but in affiliation with global education boards, reported ToI. Apart from being in India's richer cities like Mumbai, Bengaluru, the schools are now reaching places like Hatkanagale in Sangli, Tholahunse in Davangere, and Sonaghati in Betul. «Every year, Cambridge is adding 100 schools, and 30 to 40 new schools of IB are coming up each year. The aspiration of the middle class is at an all-time high. The phenomenon is not limited to metro cities but tier 2 and 3 cities, where the major growth now is coming from,» Mahesh Srivastava, former regional director (South Asia), Cambridge Assessment International Education told ToI.
31.03 / 06:21
Citi Opinion Instagram Diversity travelers Videos ‘Enjoy Chole Bhature, don’t fear street food’: Foreign vlogger shares why she loves Delhi. Watch viral video
travel vlogger recently shared a video on Instagram, urging people to explore Delhi rather than rely on negative opinions. Posting under the username 'Bella & Her Backpack,' she highlighted the city's vibrant experiences, including historical sites, local markets, and diverse cultures. She recommended visiting areas such as Hauz Khas, Chandni Chowk, Sarojini Nagar, and Safdarjung Enclave.
31.03 / 06:21
Citi WhatsApp Myanmar show country Videos More than 700 Muslims were killed in Myanmar earthquake, which struck during Friday prayers
Spring Revolution Myanmar Muslim Network, said Monday that some 60 mosques were damaged or destroyed when the 7.7 magnitude quake hit near Mandalay, the country's second largest city. It was not immediately clear whether those killed in the mosques were included in the official toll of more than 1,700 people killed in the earthquake so far.
31.03 / 05:27
COST UPS Citi Provident Mobile Boxing Excitel plans cable-to-fiber push, eyes two million new users on IPTV
Excitel, a Delhi-based home broadband provider, is gearing up to transform India’s cable TV households into fiber broadband users by replacing traditional set-top boxes with Android-enabled IPTV boxes. The company aims to onboard 2 million new users in 18 months through this hybrid model. “We want to replace legacy cable TV boxes with Android boxes and give users OTT, YouTube and live channels, all at the same price they pay today,” said Vivek Raina, CEO and co-founder of Excitel. “The user gets more, the cable operator runs just one network, and we grow faster without laying new fiber ourselves.” IPTV, or Internet Protocol Television, is a method of delivering television content over the internet offering an alternative to traditional cable or satellite TV. India’s largest telecom company Bharti Airtel also rolled out IPTV across 2000 cities last week.
30.03 / 15:55
Citi Cooper WhatsApp Videos RJD flays Nitish Kumar for placing his arm around woman's shoulders at public function
Bihar Chief Minister Nitish Kumar was on Sunday flayed by the RJD for placing his arm around the shoulders of a woman at a public function where Union Home Minister Amit Shah was also present. The opposition party shared a video clip of the event held at the sprawling Bapu Sabhagar auditorium in the city where the two leaders launched central and state projects worth more than Rs 800 crore. Shah also gave away «dummy cheques» to beneficiaries of schemes under the Union Ministry for Cooperation, another portfolio that he holds. One such recipient, a middle-aged rural woman, apparently failed to understand that Shah was requesting her to pose for a photograph. At this juncture, the 74-year-old chief minister tugged at her arm and made her stand facing the posse of journalists and photographers, with his arm around her shoulders. The RJD wrote on its X handle, in Hindi, «Just see how Chief Minister Nitish Kumar is pulling towards himself a woman in an objectionable manner with Home Minister Amit Shah looking on».
30.03 / 15:31
Citi Metro Food country travelers Features Videos India’s metro vs the west: German tourist’s viral video challenges 'Indian Public Transport' stereotypes. 'Better than Western Europe'
Before visiting India, Welder admitted he had certain preconceived notions about the country’s public transport. “Before coming to India, the stereotypes about public transport in the country were demolished or old buses and trains and noisy tuk-tuks and rickshaws,” he wrote, caling Indian public transport better than Western Europe's. However, after using the metro, he was impressed by its world-class features and even compared it to some of the best systems globally.
30.03 / 12:57
markets UPS Citi CEO community show Launches of housing units in Jan-Mar down 34 pc in top 9 cities to nearly 81,000 units: PropEquity
PropEquity. There were 1,22,365 housing units launched in the year-ago period. Real estate data analytics firm PropEquity data showed that new supply rose only in Bengaluru and fell in other cities. As per the data, new housing supply in Bengaluru increased 17 per cent to 20,227 units in January-March from 17,303 units in the year-ago period.

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