Citi Financial News

Arvind Kejriwal has challenged all the Enforcement Directorate (ED) summons to him in the Delhi excise policy-linked money laundering case at the Delhi High Court (HC). The law enforcement agency has sent multiple summons to Arvind Kejriwal in the Delhi excise policy case--all skipped by the Delhi chief minister. In the recent summons, Arvind Kejriwal has been asked to appear before the agency on March 21.

With Bitcoin pushing through all-time highs, the demand for cryptocurrencies has steadily increased. However, most crypto projects historically have failed to reward their communities in the long run. That’s because they were either built on ponzinomics, lack of real value generation, or real-world rewards to incentivize their communities.

Mint. A bilateral air service agreement mandates a limit on the number of seats or flights that airlines can allocate between two countries. India currently has bilateral air service agreements with 116 countries.

Hanuman Bhajans at a loud volume near Siddanna Layout, in Bengaluru, which led to an altercation between a group of people and the shopkeeper. Earlier on Sunday, during the 'Azaan' time, a shopkeeper was playing Hanuman Bhajans loudly near Siddanna Layout, in Bengaluru, which led to an altercation between a group of people and the shopkeeper. The shopkeeper stated that a group of four to five men approached his shop on Sunday and questioned him about playing the Hanuman Bhajans at a high volume after which an argument took place.

New York will evaluate its troubled recreational marijuana licensing program as lawsuits and bureaucratic stumbles have severely hampered the legal market and black-market sellers have flourished

There's a little too much Atlantic in Atlantic City this year for some casinos

The average Wall Street bonus fell slightly last year to $176,500

Bill Ford, executive chair of Ford Motor Co., and his wife Lisa Ford are raising $10 million to help ten Detroit nonprofits serving young people start endowments

Nayab Singh Saini government in Haryana carried out the first cabinet expansion on Tuesday by inducting eight MLAs as ministers. Saini and five ministers took oath last week. Governor Bandaru Dattatreya administered the oath of office and secrecy to the new ministers at the Raj Bhavan here. BJP MLA from Hisar Kamal Gupta was the first one to be administered oath as cabinet minister.

State Bank of India is likely to shift its centralised global back office and some other foreign exchange related departments from Kolkata to Mumbai, the country's financial capital, in yet another move to centralize operations. The back office was set up in 2015 in the City of Joy when Anundhati Bhattacharya was the chairperson of the bank. The back office works 22x7 to cater to customers in Sydney, Bahrain, Hong Kong, London and New York. The bank has not formally announced the move but started preparing grounds for it, three people aware of the development said.

HOUSTON—Bobbie Hines has been living in her modest home in southeast Houston for 56 years. But these days, she’s struggling more than ever to afford groceries and pay for mounting medical expenses. “Everything is so expensive," said Hines, 83 years old, a retired crossing guard.

Taranjit Singh Sandhu—one of the most experienced Indian diplomats on US affairs—on Tuesday, March 19, joined the Bharatiya Janata Party (BJP) in the national capital city, Delhi. The former ambassador joined the saffron party at its headquarters in New Delhi's Deen Dayal Upadhyay Marg in the presence of party general secretaries Vinod Tawde and Tarun Chugh. The Saffron party may field Sandhu against Kuldeep Singh Dhaliwal of the Aam Aadmi Party AAP from the Amritsar constituency in Punjab in the upcoming Lok Sabha elections 2024, newswire PTI reported.

Housing sales in India’s top six cities – Delhi NCR, Mumbai, Bengaluru, Hyderabad, Chennai, and Pune — have surged by 20% during the January-March period. The number of housing units sold has reached around 1,47,000 units, according to NoBroker.

gas production, India’s dependency on imported LNG or liquefied natural gas, which stood at 53% of total consumption in FY21, has gradually declined over the last three years and is expected to remain at around 45% by FY26, said CareEdge Ratings in a report on Tuesday. The higher demand for natural gas in the country is also expected to be supported by sizeable growth in domestic gas production wherein nearly 30 MMSCMD (million metric standard cubic meters per day) of new domestic natural gas production has gradually come on stream over the last three years and another around 15 MMSCMD of new domestic natural gas production is expected to come on-stream during FY25. “With greater thrust of the Government for transitioning towards cleaner fuel, there was a steady growth in natural gas consumption till FY20. However, due to the impact of the Covid-19 pandemic and sharp increase in imported LNG prices due to the geopolitical situation, there had been a decline in natural gas consumption during FY21 and FY23 respectively," said Hardik Shah, Director at CareEdge Ratings.

PTI report, the police said that an officer on patrol spotted the explosive items on Monday night at Chikkanayakanahalli under Bellandur police station limits. The office then sought details from the workers there, however, he did not get any satisfactory reply from them. We suspect that these could have been kept by the labourers to break rocks for constructing buildings," a police official said as quoted by PTI.

Read here: Ambuja, Bharti, SBI, L&T, Zomato among top 11 picks by Jefferies for 5 years The brokerage has listed key trends that will keep the hotel industry rising this year: Hotel sector market cap has tripled since 2019: The brokerage noted that the hotel industry market capitalisation has more than tripled in the past three years vs Dec 2019 levels, led by: 1) strong operating performance and earnings surprises drove growth in the stock prices of the listed incumbents; 2) valuation re-rating of the sector on strong tourism theme; 3) listings of Samhi, Park, and Juniper in the past six months. Travel theme driving investor interest: As per Jefferies, the strong travel theme playing out in India has focused attention on the hospitality space for the right reasons.

Begusarai emerged as the world's most polluted metropolitan area while Delhi was identified as the capital city with the poorest air quality, according to a new report. With an average annual PM2.5 concentration of 54.4 micrograms per cubic metre, India had the third worst air quality out of 134 countries in 2023 after Bangladesh (79.9 micrograms per cubic metre) and Pakistan (73.7 micrograms per cubic metre), according to the World Air Quality Report 2023 by Swiss organisation IQAir. In 2022, India was ranked as the eighth most polluted country with an average PM2.5 concentration of 53.3 micrograms per cubic metre. Begusarai stood out as the most polluted metropolitan area globally with an average PM2.5 concentration of 118.9 micrograms per cubic metre. The city did not even figure in the 2022 rankings.

Gaza City and Khan Younis. In a post on X (formerly Twitter), Biden said he had a telephonic conversation with Israeli PM Benjamin Netanyahu regarding the latest developments in Israel and Gaza.

A pair of anti-ESG laws Texas passed in 2021 are costing the state hundreds of millions in lost economic activity and more than 3,000 full-time jobs, a new study found.

Average gas prices across Canada have risen significantly in March, according to data from GasBuddy released Monday, and Toronto saw some of the steepest increases.