Citi Financial News

Also Read | Siddaramaiah, DK Shivakumar explain how Rameshwaram Cafe blast happened: 'Youngster ate breakfast, left a bag and...' The apex court's decision on March 5 marked the culmination of a legal battle initiated in 2018 when Shivakumar first came under scrutiny regarding alleged money laundering activities. The amount in question was reported to be ₹8.59 crore (approximately $1.1 million).

IRCTC) has announced a collaboration with online food delivery platform Swiggy to supply and deliver pre-ordered meals to passengers. The delivery of the pre-ordered meals will be done through IRCTC’s e-catering portal.

₹40-45 lakh. As a result, the new supply share of affordable housing has significantly contracted over the last two years in the top seven cities, dropping from 26% of total new launches in 2021 to 18% in 2023, a stark decline from 40% in 2019.

dearness allowance (DA) hike. Going by the Consumer Price Index for Industrial Workers (CPI-IW) numbers, as published by the Labour Bureau, a wing of the Ministry of Labour, the dearness allowance is likely to increase to 50% for central government employees. DA is a component of the salary of central government employees. It is aimed at easing the impact of inflation. Now, if DA hits 50%, certain other allowances and components of the salary will also increase, which will lead to a significant jump in your salary. The 7th Central Pay Commission has made detailed provisions on how DA touching 50% will impact your salary. Let's find out the details here.

Hong Kong has introduced the new Capital Investment Entrant Scheme which opened for applicants on March 1. To qualify, an applicant needs to invest at least HK$30 million in permissible assets. Successful applicants can bring dependents (including spouse and unmarried children under 18) to Hong Kong and typically receive permission to stay for two years. After this initial period, they can apply for a three-year extension and subsequently request further extensions. After residing continuously in Hong Kong for at least seven years, they can apply for permanent residency as per Hong Kong law. Following the announcement of the revised «Capital Investment Entrant Scheme» by Financial Secretary Paul Chan in the government's «Budget» in February 2023, Hong Kong Immigration Limited has fielded over 1,600 inquiries regarding the scheme by December's end. This indicates significant public interest in the Capital Investment Entrant Scheme (CIES).

Ujjaini Mahankali temple in Secunderabad, Telangana. Later, the Prime Minister will inaugurate and lay the foundation stone of development projects worth more than Rs 6,800 crores. These projects encompass multiple key sectors like road, rail, petroleum and natural gas. According to the Prime Minister's Office, the PM will inaugurate and lay the foundation stone for three National Highway projects.

Real estate tycoon Truong My Lan faces the death penalty for allegedly embezzling $12.5 billion

Malaysia’s prime minister has spoken up in defense of his administration's ties with China and complained over alleged pressure by the United States and its allies on regional nations to take sides in the West’s strategic rivalries with Beijing

Miami Beach is trying to break up with spring break, but it’s not yet clear whether spring break will take the hint

Gold And Silver Prices Today: Gold prices experienced a slight increase on Tuesday. The price of 24 carat gold stood at Rs.6519.4 per gm, showing an increase of Rs.870.0.

Gurugram restaurant following dinner. According to a complaint lodged by a Greater Noida resident, he dined with his wife and four friends at a restaurant in Sector 90 on Saturday. Subsequently, a waiter presented them with mouth freshener, which five of them consumed. Soon after, their health rapidly deteriorated, prompting their transfer to a hospital. The complainant said he consulted a doctor who identified the substance in the mouth freshener as dry ice, an acid potentially fatal upon ingestion. The complainant reported the incident to the police. After having the mouth freshner, the group experienced mouth burns, bleeding, and vomiting. Four of them required hospitalization. Following the complaint, an FIR was lodged under IPC sections 328 (poisonous substances causing harm) and 120-B (criminal conspiracy) at Kherki Daula police station. A waitress has been charged with criminal conspiracy and causing harm by poisoning after a group of patrons suffered mouth injuries from dry ice served as mouth freshener at a restaurant in Sector 90. Last Saturday, three couples visited the restaurant to celebrate a birthday. After their meal, the waitress offered them what she claimed to be mouth fresheners, but instead served dry ice granules, causing burns to their tongues and palates, confirmed by police and the restaurant, a TOI report said.

Karthik Sankaran, CEO of Hubali-based startup incubator Deshpande Startups. The startup ecosystem has a great future but the success rate seen in the agriculture space has been comparatively lower, he says. Sankaran, a semiconductor technologist, laments that India doesn’t have a single unicorn in the agriculture space. During an interaction with ET, Sankaran explains how Deshpande Startups aims to enable startups that solve problems for semi-urban and rural India. Edited excerpts: The Economic Times (ET): How is it to head a startup incubator that mainly aims to help companies which focus on rural areas?

https://pgcuet.samarth.ac.in by NTS, notifying candidates of their designated exam cities for tests scheduled between March 11th and 15th. The National Testing Agency (NTA) has been assigned the duty of administering the Common University Entrance Test (CUET — PG) for admission into Post Graduate Courses for the academic year 2024-25.

Philadelphia bus stop on Monday afternoon, police said. The city's police commissioner, Kevin Bethel, said about 15 to 20 students were at a bus stop in the city's Ogontz neighborhood around 3:45 pm when two people walked up and opened fire. Police said people were getting on the stopped bus when the gunfire erupted. Police said one 17-year-old was pronounced dead at a hospital with multiple gunshot wounds to the body. Two 15-year-olds had graze wounds and a 49-year-old woman and a 71-year-old woman on the bus were hit, they said.

ONDC) completed more than 7.1 million cumulative orders in February since its inception in January last year. Here’s a look at all the key facts and numbers of the platform that promises to democratise ecommerce.

By Jonathan Stempel

NARCL) has offered lenders base bids for the bad loan accounts of Hitodi Infra, Sion Panvel Tollways and Morarjee Textile with total consolidated debt of more than ₹4,000 crore. Based on binding bids from the government-backed bad bank, lenders have initiated a Swiss challenge auction for Hitodi Infra. The lenders, including Bank of Baroda, ICICI Bank, Axis Bank, Bank of India, IDBI Bank and State Bank of India, have appointed BoB Capital as the process advisor. NARCL has offered ₹465 crore for the outstanding loans of ₹2,101 crore. The lenders have asked bidders to either bid in all cash or on a cash-and-security receipt basis. NARCL buys debt under a 15:85 structure where 15% is paid in cash and 85% in security receipts. The minimum markup will be 5% of the anchor bid. The Swiss auction will be held on March 26.

MEXICO CITY (Reuters) — Mexico's inflation rate likely eased in February, a Reuters poll showed on Monday, reinforcing bets that the country's central bank could lower its key benchmark interest rate as soon as this month.

Homes priced at under $500,000 are becoming a rarity in Ontario, with fewer than one in five dwellings falling under that threshold, new data from a government-run property assessment group shows.

NEW DELHI : Indians are flying overseas like never before. And airlines are taking swift measures to cater to the rising demand. This January has seen 6.52 million people take off for foreign destinations from India, 17% more than January 2023 and, significantly, 0.5% higher than the pre-covid level of January 2020 as well.

Himanta Biswa Sarma today inaugurated, laid foundations and performed bhumi pujan of projects worth Rs. 1,208 crore in Kamrup (M) district in different programmes held across the district. It may be noted that Sarma dedicated the Elevated South Bank Corridor of Guwahati- North Guwahati Bridge involving an outlay of Rs. 326.01 crore. The highlights of the project are it is a tree-lane flyover with two rotaries. Special noise barriers have been installed to control noise pollution which is first-of-its-kind in the state. The corridor is 1.2 km length with 15.2 m width from Bhoothnath to Machkhowa. The Chief Minister also laid the foundation of a 100 bed Azara District Hospital with a project cost of Rs. 116 crore. The hospital will have three operation theatres, 14 essential healthcare facilities including critical care, radiology etc. He also performed bhumi pujan for the upgradation of existing 2-lane road to 4-lane road connecting LGBI Airport from VIP Junction to Dharapur Junction involving a project cost of Rs. 358 crore. The length of the road will be 9 KM with roundabouts at VIP junction SoS junction and Garal junction replacing existing ones at grade T/Y Junction.