Citi Financial News

Microfinance company Satin Creditcare Network has raised $100 million in external commercial borrowing from Standard Chartered Bank and six Sri Lankan lenders. This is Satin's maiden syndicated social term loan raised from overseas lenders under the automatic route of the Reserve Bank of India (RBI). «Securing $100 million from new lenders, notably prominent Sri Lankan banks, amid challengingThis social loan marks a significant landmark as Satin Creditcare’s first syndicated transaction, reflecting the trust and confidence that global financial institutions have placed in us. It times highlights our strong governance, sustainable growth, and financial resilience,» Satin chairman HP Singh said.

Infosys director Mohandas Pai shared an image sarcastically promoting a «4-day, 3-night Bangalore Tourism» experience, featuring the city’s worst traffic hotspots—Outer Ring Road, Silk Board Junction, Marathahalli, and HSR Layout—as key destinations. Frustrated by the ongoing congestion, Pai called it “a sad joke on Bengaluru,” adding that while residents may laugh at their misery, the government remains indifferent. Sharing a text reading, “Bangalore Tourism is organising a 4 day 3 nights trip to the following four destinations — Outer Ring Road, Silkboard Junction, Marathalli & HSR layout. Its called 'Chaar Jam Yatra'”, he called it a “sad joke on Bengaluru”. He further mentioned about having a sense of humour about the suffering and “an uncaring government.”

Cybercriminals have registered more than 10,000 malicious domains to fuel these scams, which impersonate unpaid toll bills or missed delivery notifications. Victims receive urgent texts claiming they owe payments, complete with links to fake websites designed to steal credit card details, bank information, and personal data for identity theft.

Sarah McBride, D-Del, the first openly transgender person elected to Congress was misgendered by Republican colleagues during a House Foreign Affairs Subcommittee hearing on Tuesday. The incident later escalated into a heated exchange and drew further attention to the challenges McBride faces in Congress.

In 2025 too, Europe is poised to remain a top destination, with transatlantic travel expected to become even more accessible, attracting even more travelers. For those planning a trip to Europe this year, there are several important changes in travel regulations and trends you should be aware of to ensure a smooth and enjoyable experience, as per a Forbes report. ALSO READ: Why was my Schengen visa rejected?

Last year saw a boom in India's concert economy with big names such as Ed Sheeran, Coldplay, Dua Lipa Diljit Dosanjh and Maroon 5 drawing big crowds. The success of large-scale concerts highlighted India's untapped potential as a global entertainment destination. According to BookMyShow's year-end report, 30,687 live events took place in 319 cities, marking an 18% increase in consumption compared to the previous year. Zomato Live, the ticketing arm of the food delivery company, has noted that India is becoming a hotspot for international music tours due to its growing economy and enthusiastic fanbase. After Coldplay's successful tour in India, Prime Minister Narendra Modi said that India has a massive scope for live concerts. «You must have seen fabulous pictures of Coldplay concert organised in Mumbai and Ahmedabad. It shows that India has a massive scope for live concerts. Big artists from around the world are attracted towards India… I expect the state and the private sector to focus on needed infrastructure and skills,» he said. India's emerging concert economy boosts tourism and hospitality business while also generating a large number of jobs. The

Ukrainian soldiers holding the front line in the war-battered east of the country, the prospect of a 30-day ceasefire with Russia brought little relief — only distrust and suspicion. Senior Ukrainian and US officials walked away from high-stakes talks in Saudi Arabia late Tuesday agreeing to present Russia with a proposal to halt more than three years of fighting for several weeks. But in eastern Ukraine, there was little hope that even if Moscow agreed to a pause, the Kremlin would make good on promises to stop fighting. A 44-year-old serviceman with the call sign «Malchik» («Boy») said Russia would claim to adhere to a ceasefire and then find ways to keep attacking. «They'll say in public that there's no fighting and no shelling. But this scum has always harassed us and it will continue to,» he told AFP in the frontline city of Kramatorsk.

Thomas Kierans was stopped by a reporter in St. John’s, Nfld., on the occasion of his 100th birthday. Regarded around town as somewhat of a local treasure, he was dressed in a tan winter coat, a colourful knit scarf and a newsboy-style cap, and he was asked about some of his equally colourful and yet never realized ideas for mega-scale infrastructure projects.

Subscribe to enjoy similar stories. In her pop-art decorated office in the heart of Beverly Hills, real-estate broker Rochelle Maize got an early look at who would control the future of the Pacific Palisades. It was eight days after the wildfires broke out—before Los Angeles Mayor Karen Bass had appointed a recovery czar, before rebuilding plans had been drawn.

greenfield capital city Amaravati. These projects will commence immediately after the Cabinet's approval on March 17, he said in an official statement on Tuesday. «As many as 59 tenders worth nearly Rs 37,702 crore were approved for the construction of Amaravati. Nearly 20,000 people will be engaged in Amaravati development work from next month,» said Narayana. Chief Minister N Chandrababu Naidu chaired the 45th CRDA meeting at the secretariat, where several key decisions were made regarding Amaravati's development. «Previously, tenders were invited for a total of 73 projects worth approximately Rs 48,012 crores with the approval of CRDA and the cabinet. Out of these, tenders for projects valued at Rs 37,702 crores were opened on Monday and approved in the CRDA meeting. Letters of Intent will be issued immediately for executing these projects,» Narayana said. Among these 59 projects, 22 fall under CRDA's purview, valued at around Rs 22,607 crores while 37 projects of ADC are worth approximately Rs 15,095 crores. The CRDA, which has a total of 24 projects, has invited tenders for only 22 so far, with the remaining two scheduled to be opened on March 17, he said. Additionally, tenders for 19 more projects worth Rs 16,871 crores will be invited by the end of this month. These include projects such as the NTR statue, an iconic bridge, connecting roads to the national highway and the Karakatta road (Krishan river bank road) construction.

'Laat Saheb' Holi procession here have been covered with tarpaulins and a strict security measure has been put in place ahead of the festival of colours which coincides with the Friday prayers. Following an 18th-century tradition, Holi in Shahjahanpur begins with revellers hurling footwear at a man impersonating 'Laat Saheb' — a British Lord — seated on a bullock cart. Barricades have been installed along the procession route and several CCTV cameras have been installed by the local administration. «There are 18 Holi processions in the city, including the two major 'Laat Saheb' processions. To ensure security, the larger procession has been divided into three zones and eight sectors, with around 100 magistrates deployed,» Superintendent of Police Rajesh S told PTI. Moreover, police have taken preventive action against 2,423 people to deter potential troublemakers, he said. «The security deployment includes 10 police circle officers, 250 sub-inspectors, around 1,500 police personnel and two companies of the Provincial Armed Constabulary (PAC),» the SP added.

This surge in investment reflects growing confidence in the sector, supported by infrastructure advancements, policy reforms, and a steady economic outlook. The sector is set to witness a massive capital investment of Rs 62,328 crore for the development of land parcels acquired by property developers in the last one year, showed a JLL India study.

This data, sourced from a survey by myBiz, the SaaS-based corporate booking platform of MakeMyTrip, sheds light on gender representation in corporate travel. The analysis, which covers flight bookings made by nearly 3,000 corporate clients with more than 200 employees and an annual travel expenditure exceeding ₹1 crore, reveals valuable insights into corporate travel trends across sectors and cities.

Subscribe to enjoy similar stories. There are two silver linings to the current stock slump for bullish investors. When the stock market drops, investors may feel like the sky is falling.

The 75-year-old has been forced to reschedule a total of eight shows since needs time to recover from an undisclosed “medical condition,” Us Weekly magazine reported.

Cincinnati Bearcats will be taking on the 12th-seeded Oklahoma State Cowboys in the first round of the 2025 Big 12 Tournament on Tuesday afternoon. The two teams met just days ago in the regular-season finale. Oklahoma State took home a 78-67 win in the final game. But Cincinnati came into the tournament as 7.5-point favourites, seeking to snap a three-game losing streak. The tip-off is scheduled for 12.30 pm ET (5.30 pm GMT) at the T-Mobile Centre in Kansas City, Missouri. The victor of this match-up will advance to play 5-seed Iowa State in the second round on Wednesday, according to the CBS Sports report.

Wendy Williams successfully completed a psychological evaluation, also referred to as a capacity test, shortly after she was admitted to Lenox Hill Hospital in New York City on Monday. The former Wendy Williams Show host, 60, reportedly scored a perfect 10 out of 10 on a test that evaluated her alertness and orientation, sources told TMZ. Williams' psychological tests are expected to be sent to the judge overseeing her guardianship case. The positive results may improve her chances of being released from a financial guardianship that she has been under since 2022.

Fortnite's new update has a lot to offer. Players may now obtain strong exotic weaponry in a whole new way, thanks to the features introduced in update v34.10. Players must now earn access to secret Black Market sites in order to acquire these weapons, according to the most recent update.

Subscribe to enjoy similar stories. SAN FRANCISCO—The founder of the Museum of Failure, which celebrates product flops like Crystal Pepsi and a golf club that doubles as a urinal, has one wish for its highly anticipated exhibition slated to open here next month—that it bombs as spectacularly as the items on display. Samuel West is begging people not to buy tickets to the internationally acclaimed show, and he isn’t joking.

Realty developer Omaxe will invest Rs 600 crore in developing 1.5 million sq ft of retail space in Faridabad, a senior executive said. The development is part of Omaxe World Street, 27 acre of which is already operational and has over 250 brands. Spanning over 120 acres, the project has future development potential as well.