Citi Financial News

India's capital reached an all-time high of 50.5 degrees Celsius (122.9 Fahrenheit) on Wednesday, according to the government's weather bureau. The India Meteorological Department (IMD), reporting «severe heat-wave conditions,» recorded the temperature in Delhi's suburb of Mungeshpur on Wednesday afternoon, surpassing the 50C mark for the first time in the city's history. Earlier on, the IMD had issued a red alert for many parts of India's northwestern regions and warned of a severe heat wave day.

Karnataka Home Minister G Parameshwara on Wednesday said suspended JD(S) leader Prajwal Revanna, who is facing charges of sexually abusing several women, will be arrested as soon as he arrives at the airport. The statement comes two days after Prajwal released a video statement promising that he would appear before the Special Investigation Team (SIT), probing the cases against him, on May 31. According to official sources, the Hassan MP has booked a return flight ticket to Bengaluru from Munich on May 30, and is expected to land in the city in the small hours of May 31. Addressing reporters, Parameshwara said, «All necessary measures have to be taken, as a warrant has been issued against him (Prajwal). He has to be arrested. SIT is waiting, they will arrest him and will take his statement, and their (SIT) process will start.»

Real estate professionals would use the old phrase “drive until you qualify” to give prospective homebuyers in Canada’s biggest cities an idea of how to break into the housing market: essentially, get out of the expensive urban areas to find a cheaper home you can afford.

The price change in 24 carat gold in the last one week has been 3.25% .whereas in the last month it has been 0.97%.The cost of silver is Rs.93400.0 per kg up by Rs.2410.0 per kg. Gold Price Today in Delhi is ₹74243.0/10 grams. Yesterday’s Gold Price on 28-05-2024 was ₹73180.0/10 grams.

geopolitical tensions, gold prices steadied as MCX gold June futures opened on Wednesday at Rs 72,203 per 10 grams, up 0.03% or Rs 23 while MCX silver July contracts opened 0.23% higher at Rs 95,670/kg. In the last three days, silver prices have risen by Rs 5,100 per kg.

VATICAN CITY -Pope Francis, widely quoted as having used a highly derogatory word to describe the LGBT community, did not intend to use homophobic language and apologises to anyone offended by it, the Vatican said on Tuesday. It is extremely rare for a pope to issue a public apology.

Rafah. Here are the top ten updates:1. As reported by AP, the inferno at the tent camp has sparked widespread international condemnation, with even some of Israel’s closest allies expressing outrage over the military’s expanded offensive into Rafah.

heat waves, hospital admissions for mental health spike. The past 10 years were the hottest on record, and as we prepare for another scorcher of a summer, it's time to take steps to increase our preparedness for extreme heat. The potential for heat stress, heat exhaustion and heat stroke are well known hazards of extreme heat. Yet, physical health is not the only factor to consider under extreme heat; mental health can also suffer. Many people can relate to the sleepless nights during hot summer months, as well as anecdotal experiences of irritation and aggression when thermally uncomfortable.

South Delhi will now receive water only once daily instead of twice, as part of a water rationing strategy announced by Water Minister Atishi on Tuesday. This decision affects areas like Greater Kailash, Lajpat Nagar, Panchsheel Park, Hauz Khas, Chittaranjan Park, and nearby locations. The change will remain in effect until the water supply situation improves. «I know that where water is being supplied twice a day, people will be troubled if it is cut off for once a day, but I appeal to all Delhiites that we should not think only about ourselves. We should think about everyone,» minister Atishi said. North and South West Delhi, including Mehrauli and Chattarpur, are also facing significant water challenges this summer amid a prolonged heatwave in northwest India as temperature in outskirts of Delhi soared closer to 50 degrees. The situation has been exacerbated by Haryana's cessation of Yamuna water releases to Delhi since the beginning of May, the minister claimed.

BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots.

Sean Bean is set to star as a gang leader in the upcoming BBC drama series ‘This City Is Ours,’ produced by Left Bank, known for ‘The Crown.’ The series, created by Stephen Butchard, is set in Liverpool.

Los Angeles Lakers are without a head-coach after La Lakers sacked David Ham. This came after LeBron James's impeccable success and Anthony Davis' heroics couldn't take NBA's most decorated team to conference finals. Now, there are reports that JJ Redick may become the head coach. Other names that have been doing the rounds are — Kenny Atkinson, David Adelman, Micah Nori, Chris Quinn, Tyronn Lue, Sam Cassell, and James Borrego, as per a report on Fox News.

Steward Partners is strengthening its profile in Florida as it welcomes a women-led practice from Merrill Lynch.

solar eclipse that thrilled the US when millions of people watched this spectacle, another solar spectacle, though of less magnitude, will thrill the people once again. As it happens every year at the end of the may, tens of thousands of people including tourists are most likely to gather on the streets of Manhattan for a spectacular view of the sun setting in the west, flanked by the city’s famous streetscapes. Called Manhattanhenge, this has become an annual spectacle in the city of New York every year. Talking to the 'New York Times', Jackie Faherty, an astronomer at the American Museum of Natural History said, «I think of it as astronomy in your face.» He said further that the event’s popularity goes beyond an interest in science. Besides, many people love a good photo-op and Manhattanhenge offers this opportunity.

Cyclone Remal has affected around 17 villages and damaged several houses. Landslides were reported on the Shillong-Mawlai Bypass and at Bivar Road, while flashfloods took place in Langkyrding, Pynthorbah, Polo, Sawfurlong and Demseiniong areas.Officials said several trees and electrical wires were uprooted in different parts of Shillong city, they said.Meanwhile, the weather department has sounded an Orange alert in many districts of Tripura witnessing heavy rains.

Kumar’s bail plea was dismissed by a sessions court, which said there appeared no "pre-meditation" by Maliwal in lodging the FIR and that her allegations could not be "swiped away".Following the rejection of the bail plea, the Aam Aadmi Party (AAP) said Bibhav Kumar will move the Delhi High Court against city court's decision. During the hearing on Monday, Swati Maliwal, who was presented during the hearing, opposed the bail plea saying she was receiving threats.

Increasing relative humidity across all climate zones has worsened the heat index (combination of air temperature and relative humidity) and heat stress in every city," said a trend-analysis report released by the Center for Science and Environment. The study was conducted by the CSE between the summers of January 2001 and April 2024.The CSE explained in its analysis that the heat stress is not just about rising temperatures.

According to a report by City AM today (28 May), a spokesperson for the party said it has no plans to drop the GB ISA, as Labour focuses on getting people to save and invest, with the different types of ISAs a key area. Rachel Griffin, tax and financial planning expert at Quilter, said this gives Labour the opportunity to «drastically improve» the Conservatives' GB ISA plans introduced in the 2024 Spring Budget. The proposals, which are under consultation until 6 June, set out that the GB ISA will provide an additional tax-free £5,000 to the current annual ISA allowance of £20,000, to...

Delhi police have filed a supplementary chargesheet containing more digital and forensic evidence reports to nail Aaftab Amin Poonawala, who stands accused of killing his live-in partner Shraddha Walkar and dismembering her body, court sources said on Tuesday. The nearly 3,000-page chargesheet was filed before metropolitan magistrate Aviral Shukla, they said. Poonawala is alleged to have strangled Walkar and chopped her body into pieces in the national capital's Mehrauli in May 2022 before scattering the body parts in different areas of the city to escape detection. He has been charged under sections 302 (murder) and 201 (causing disappearance of evidence of offence) of the Indian Penal Code.

night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities.

Noida and Ghaziabad are struggling to secure sufficient water supply. Many have turned to purchasing water from private tankers or rationing their usage, despite assurances from the Noida Authority that the city receives an adequate daily supply of 480 million liters per day (MLD), against a requirement of 407 MLD, a TOI report stated. While in Ghaziabad, the city faces a worsening water crisis, particularly during the summer, due to both a shortage of potable water and poor water quality. According to the civic body, there is a daily shortfall of 25 million liters per day (MLD). The city’s growing population has further strained its infrastructure. A 2019 NITI Aayog report warned that 21 Indian cities, including Ghaziabad, could exhaust their groundwater supplies within a few years, potentially impacting 100 million people.