Citi Financial News

Boeing is in the news once again for the wrong reason. In the latest addition of Boeing mishaps that have taken place this year, a fire broke out 15 minutes after the Boeing 738 aircraft took off from the Indian city of Hyderabad and the Kula Lumpur-bound flight returned, reports 'Business Insider'. A video going viral on social media sites shows the engine of the plane on fire with sparks flying out behind it. The plane returned to make an emergency landing at Hyderabad's Rajiv Gandhi International Airport.

Gaza City in the north of the Palestinian enclave on Saturday, the director of the Hamas-run government media office said. One Israeli strike on houses in Al-Shati, one of the Gaza Strip's eight historic refugee camps, killed 24 people, Ismail Al-Thawabta told Reuters. Another 18 Palestinians were killed in a strike on houses in the Al-Tuffah neighborhood. The Israeli military released a brief statement saying: «A short while ago, IDF fighter jets struck two Hamas military infrastructure sites in the area of Gaza City.»

arrested the driver of a school van after two girls fell off the vehicle and suffered injuries in Gujarat's Vadodara city, an official said on Saturday. The incident, which took place on the afternoon of June 19, was caught on a CCTV camera, and the footage went viral on social media, triggering public outrage. Pranav Kataria, assistant commissioner of police, Vadodara, said the CCTV video was recovered from a residential society in the city's Tarsali Road locality. It showed two girls in uniform being thrown out of the van along with their school bags. «In the video, two girls are seen falling off the school van on a road inside a residential society. The van driver seen in the video, Prateek Padhiyar, has been rounded up,» Kataria said.

Mumbai, India's financial powerhouse, is a magnet for real estate investors aiming for high returns. Within this dynamic market, luxury real estate stands out as a particularly lucrative investment. Here’s why putting your money into Mumbai’s luxury properties is a smart move.

The Moneyview Savings Index 2024 reveals current savings and investment patterns in contemporary India. According to the survey, individuals with higher incomes tend to save a larger proportion of their earnings than those with lower incomes.

gold in the last one week has been 1.31% .whereas in the last month it has been 1.86%.The cost of silver is Rs.90850.0 per kg up by Rs.630.0 per kg. Gold Price Today in Delhi is ₹74710.0/10 grams. Yesterday’s Gold Price on 21-06-2024 was ₹73210.0/10 grams.

South Korea's port city of Busan on Saturday for joint military exercises this month with the host nation and Japan, the Yonhap news agency said. The leaders of the three nations agreed at a Camp David summit in August 2023 to hold annual military training drills as they condemned China's «dangerous and aggressive behaviour» in the disputed waterway of the South China Sea. Russian President Vladimir Putin visited North Korea this week for the first time in 24 years and signed a deal with leader Kim Jong Un that included a mutual defence pledge.

Tortured Poets Department album-singer Taylor Swift is once again making headlines, not for the upcoming Eras Tour shows, but being a brave lady and putting out a fire in her New York City apartment. The luxe apartment's kitchen caught a small fire and Swift was seen battling it out with a fire extinguisher, with a rather brave stance.

Netflix is developing a live-action adaptation of the popular video game BioShock, bringing the underwater city of Rapture to life. This project has been in the works since 2022, with Francis Lawrence directing and Michael Green writing the screenplay. Production

Olympics in Paris this year is closer like never before, and fans are already beginning to assemble in the city to witness the biggest sporting event on Earth, something that happens after an interval of four years, as goes the custom. Paris Olympics will see some of the toughest sportsmen battling it out on the field, representing their respective countries to bring laurels and accolades. However, there is an exiting opportunity to add some more medals to their bucket by winning a new event introduced by the International Olympic Committee, that is competitive dancing.

tree, with major branches being lopped off so that large hoardings could be erected in front for the annual Durga Puja celebrations. My protests fell on deaf ears, of both the Puja organisers and the city administration. Nothing has changed since then; if anything, matters have worsened. Because now, not branches but whole trees are being lopped off to make way for fully built-up apartment blocks which need unrestricted access in the front and back. While the media is full of stories of tears being shed and protests being launched to prevent the decimation of forests for mining and industrial projects and even precious urban green enclaves, who spares a thought for the lone tree? Last month, two men in the UK pleaded not guilty to the charge of causing £622,191 worth of damage to a lone sycamore tree at what was called the Sycamore Gap, that had stood for over 200 years in the Northumberland National Park. It was one of the most photographed trees in the world, having stood all by itself in a natural dip next to the famous Roman Era Hadrian's Wall in northeastern England. Why it was cut has not been established.

Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.

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 Jack Otter and the panel discuss the downfall of Southwest Airlines’ popularity and how they could turn it around on ‘Barron’s Roundtable.’

Israeli military declared in Gaza to facilitate aid flows has had no impact on deliveries of badly needed aid, the UN's health agency said Friday. «So overall, we the UN can say that we did not see an impact on the humanitarian supplies coming in since that, I will say, unilateral announcement of this technical pause,» said Richard Peeperkorn, the World Health Organization (WHO) representative in the Palestinian territories.

Vodafone Idea (Vi) Friday said it has completed minimum rollout obligations for commencing 5G services in its 17 circles, for which the company had acquired spectrum in August, 2022. The companies buying spectrum in an auction need to roll out network and offer services to a certain level to meet the minimum standards. Vi’s bigger rivals Reliance Jio and Bharti Airtel has far exceeded the minimum requirements as both the telcos have almost completed their pan-India 5G rollout. But loss-making Vi is yet to announce its 5G roll out plans, due its strained cash position.

The annual Canada Day parade has been cancelled in Montreal this year just two weeks before the event, citing excessive bureaucratic hurdles with the city administration.

Delhi Congress workers on Friday held a demonstration near the BJP headquarters here over the alleged irregularities in the NEET-UG 2024 examinations. The demonstration was led by Delhi Congress president Devender Yadav. The medical entrance examination, National Eligibility-cum-Entrance Test (Undergraduate) or NEET-UG, was conducted by the National Testing Agency (NTA) on May 5 with around 24 lakh candidates taking part. The results were announced on June 4.

LISBON—The Americans are here, and this sun-bleached coastal city is booming. At bars, hotels and restaurants that line winding cobblestone streets, business is so good that Mayor Carlos Moedas recently slashed local income tax for residents. With economic growth of 8.2% last year and a 20% rise in tax revenue from prepandemic times, he’s also made public transportation free for young people and the elderly.

Bajaj Finance, Cholamandalam, and M&M Finance from 'Neutral' to 'Underperform' among NBFCs, citing expectations of lower growth, declining ROEs, and a delayed rate cut cycle.In the insurance sector, while remaining cautious, the brokerage has upgraded SBI Life from 'Neutral' to 'Outperform', believing IRDA regulations less impact it. It expects SBI Life to achieve sector-leading VNB (value of new business) growth of 15 percent and considers its valuations reasonable in this context.As per the brokerage, private sector banks are a steady power of compounding story.

Bharatiya Janata Party (BJP) and other RSS affiliates, including its student wing, the Akhil Bharatiya Vidyarthi Parishad (ABVP), The Indian Express reported.The Union Education Ministry on June 19 cancelled the University Grants Commission–National Eligibility Test (NET) after concerns were raised about the exam's integrity. The UGC-NET 2024 was conducted on June 18 across 317 cities. Also Read: NEET, UGC-NET 2024 row: 10 year jail term, ₹1 Cr fine as punishments in new ‘anti-paper leak’ law.