Citi Financial News
26.02 / 21:01
Citi
Man
reports
Department
Updates
Investigations
3-year-old missing nearly a week as mom faces child neglect charge
Elijah Vue is still missing nearly a week after he disappeared from a home in Two Rivers, Wisc. As police and volunteer search efforts continue, Vue’s mother faces a criminal charge that she was party to child neglect and allegedly sent the three-year-old to stay with a man for “disciplinary reasons.”Vue is described as being ethnically white and Hmong, an ethnic minority group that hails from southern China and northern Southeast Asia.
26.02 / 19:59
Citi
Reuters
CEO
JPMorgan
Citigroup
reports
International
Citi hires banking head from JPMorgan, prompting reshuffle of bosses
By Tatiana Bautzer and Nupur Anand
26.02 / 19:25
UPS
Citi
Aware
Trade
country
International
GIFT City taps RBI for RTGS-like dollar payment system
GIFT City have reached out to the Reserve Bank of India (RBI) for consultations in setting up a dollar payment system mechanism that aims to bring about greater efficiency in transactions conducted in the US currency, sources aware of the developments told ET. «There are initial discussions about this matter because at present when a dollar transaction happens from one bank's nostro account abroad, it takes several hours for a subsidiary in GIFT City to receive the dollars,» one of the sources said. A potentially new dollar payment system could be akin to the existing Real-Time Gross Settlement System (RTGS), said the source.
26.02 / 18:16
Citi
BBC
WhatsApp
War
Rishi Sunak criticises own lawmaker's attack on London mayor
British Prime Minister Rishi Sunak said on Monday that a Conservative lawmaker was wrong to say the mayor of London is controlled by Islamists, and denied his party tolerates anti-Muslim prejudice. Sunak was pressured to condemn Islamophobia after the comments by Lee Anderson about Mayor Sadiq Khan, amid growing tensions within British politics over the Israel-Hamas war. The Conservative lawmaker claimed Islamists had «got control» of Khan and the city of London. Khan is Muslim and a member of the opposition Labour Party.
26.02 / 18:16
Citi
WhatsApp
country
Videos
PM lays foundation stone for redevelopment of 21 train stations in Chhattisgarh
redevelopment of 21 stations and 83 road over/under bridges in Chhattisgarh. The PM inaugurated and laid the foundation stones of a total of 2,000 railway infrastructure projects worth Rs 41,000 crore across the country via video conferencing, a statement issued by South East Central Railway (SECR) said. The SECR is headquartered in Bilaspur city of Chhattisgarh. Chhattisgarh Governor Biswabhusan Harichandan and Deputy Chief Minister Vijay Sharma were virtually linked to the national-level programme from Raipur railway station, it said.
26.02 / 18:16
COST
Citi
WhatsApp
PM unveils rail infra projects worth Rs 2,320 crore in Odisha
Odisha, and said that the redeveloped Baleswar station has been designed on the theme of Jagannath Temple. Twenty-one railway stations in the state will be redeveloped under the 'Amrit Bharat Station Scheme' at the cost of Rs 900 crore, and 52 road over bridges and road under bridges will be built at Rs 1,420 crore. These are among the over 2,000 rail infrastructure projects worth about Rs 41,000 crore unveiled by the prime minister. PM Modi expressed happiness that the 'Amrit Bharat' stations will be symbols of both 'vikas' (development) and 'virasat' (heritage).
26.02 / 18:16
Citi
Death
wellness
reports
medicines
Courts
Updates
Uzbek court sentences 23 over contaminated cough syrup deaths
Uzbekistan sentenced 23 people to prison terms on Monday over the deaths of 68 children linked to contaminated cough syrups produced by India's Marion Biotech, following a six-month-long trial. The Central Asian nation had previously reported 65 deaths linked to the medicines, but last month the prosecutors at the Tashkent city court updated the death toll and said two more people had been charged during the hearings.
26.02 / 17:45
26.02 / 12:55
Citi
Election
electronic
actress
Schools
politician
NOT
Sitharaman, Jaishankar will contest Lok Sabha polls, seats not decided, says Minister Pralhad Joshi
Nirmala Sitharaman and S Jaishankar will contest the upcoming Lok Sabha polls, their cabinet colleague Pralhad Joshi said on Monday without elaborating much on the subject. “It is more or less decided that they will contest the LS polls,” he told the media in Dharwad while adding that the party was yet to take a call on whether either of them should contest from Karnataka or both from outside. It is often speculated that either Jaishankar or Sitharaman will contest from Bengaluru as the BJP won all three seats in the city in 2019. The FM represents Karnataka in the Rajya Sabha and is also quite familiar with Tamil Nadu and Telangana. Born in Madurai, she toured Tamil Nadu ahead of the Ram Mandir Pran Pratishtha in January and watched the ceremony from Kanchipuram. Jaishankar, who did his early schooling in Bengaluru, actively campaigned for the party ahead of the assembly polls, last year.
26.02 / 12:55
markets
Citi
Platform
economy
wellness
Diversity
International
Goldman Sachs, Mubadala to invest $1 billion in Asia Pacific private credit market
Goldman Sachs and Mubadala Investment Company have signed a $1-billion separately managed account in which Mubadala and Goldman Sachs will co-invest in private credit opportunities throughout the Asia Pacific region, said a joint statement. The Partnership will be managed by Private Credit at Goldman Sachs Alternatives, with a dedicated on-the-ground team across multiple Asia Pacific markets. The global Private Credit team consists of 165 credit investment professionals overseeing more than $110 billion in assets under management (AUM).
26.02 / 12:17
markets
Citi
Provident
Aware
wellness
country
inclusion
Pee Safe signs MoU with Indian Navy, NWWA to offer wellness products to women in white
Personal hygiene and wellness brand Pee Safe has partnered with the Indian Navy and Navy Welfare and Wellness Association (NWWA) to offer products for women hygiene to the serving women personnel. This collaboration is part of the Memorandum of Understanding that was signed by the Indian Navy and NWWA with Pee Safe as part of the former’s wellness initiative for ‘Women in White.’ On the occasion of the 38th NWWA Diwas, Pee Safe kits were presented to all women officers and Agniveers posted in Delhi and the same is planned to be distributed in all commands.
26.02 / 10:51
COST
Citi
Provident
security
information
rights
From Calculations to Coverage: Navigating Types of Life Insurance and Estimating Costs with a Term Insurance Calculator
types of Life Insurance policies available, like Term Insurance, Endowment Plans, Whole Life Insurance and Retirement Insurance Plans. Read on to learn more about the types of Life Insurance policies and Term Insurance Calculator that helps to calculate the estimated cost of a premium. Life Insurance is a contract signed between an insured person and an insurance company.
26.02 / 09:41
Citi
WhatsApp
social
reports
Schools
ISC Chemistry Paper 1 exam rescheduled due to 'unforeseen circumstances'
CISCE) on Monday rescheduled the Chemistry Paper 1 of the ongoing Class-12 board exams, citing "unforeseen circumstances". While no board official gave any details of the said «circumstances», sources in some CISCE-affiliated schools in the city claimed that the question paper was reportedly leaked on social media before commencement of the exams. However, there was no official confirmation of the leak. «Please note, the ISC Year 2024 Chemistry Paper 1 (Theory) Examination, scheduled for Monday, 26th February 2024, has been postponed due to unforeseen circumstances,» the council said in a statement.
26.02 / 09:13
markets
Citi
Provident
wellness
travelers
International
Destinations
IndiGo launches daily direct flights between Hyderabad-Bangkok
IndiGo will now operate 37 weekly flights between India and Bangkok, solidifying its presence in the region. Vinay Malhotra, Head of Global Sales at IndiGo, said, “We are pleased to commence direct flights between Hyderabad and Bangkok.
26.02 / 09:13
UPS
Citi
trends
Experts
social
reports
82-year-old refuses to give up $16M California mansion that is on verge of falling into ocean: ‘not worried…’
California, which is at risk of falling into the ocean due to a recent cliffside erosion caused by heavy storms in the region. Despite the life-threatening circumstances, Bruggeman is refusing to leave his home. He claimed that the house is structurally in good shape and not under immediate threat of collapse, according to a report by the NY Post.
26.02 / 07:10
markets
UPS
Citi
Parke
Metro
country
Good news for landlords! Net rental yield in India one of the highest in the world
The real estate market in India has been witnessing exponential boom over the last two years. With rentals skyrocketing, the sector has remained buoyant with property owners enjoying the lucrative appeal of their property investment. And it is interesting to note that the net rental yield in India is one of the highest in the world.
26.02 / 07:09
Citi
FIVE
Digital
Remark
Adventure
trends
Destinations
Top 5 tourist and religious places seeing an upsurge in co-working space demand
In India, the landscape of remote work is undergoing a transformative shift, with co-working spaces moving away from traditional urban centers to smaller, more unexplored locations. Here we explore five such Indian destinations that are not only witnessing a surge in co-working space demand but also experiencing a notable increase in tourism, permanent residency, and job opportunities in recent years.
26.02 / 07:09
Citi
Digital
Gap
security
Remark
show
inclusion
Digital lending beckons distant Indian towns as MF units and shares gain traction as a collateral
Financial inclusion has been one of the primary goals that the Government of India wants to achieve through its various initiatives. Access to efficient credit on demand is one of the important factors that will help in achieving this goal.
26.02 / 07:09
markets
COST
Citi
community
trends
Destinations
Key housing trends driving realty sector’s growth in Tier 2 cities
The winds of change are blowing through the Indian real estate sector, with Tier 2 cities emerging as the new growth engines. Fuelled by a growing population, rapid urbanization, and improved infrastructure, these cities are attracting not only residents but also developers eager to tap into their immense potential.
26.02 / 07:07
COST
Citi
Provident
Reuters
Waters
stage
reports
Bengaluru water supply cut tomorrow: Check timing, affected areas, possible solution
The Indian Express. The 24-hour water supply disruption will begin at 6 am on February 27 and will continue till 6 am on February 28. According to a report in Times of India's The Weather Channel, the city presently has access to about 1,850 million litres per day (MLD), but it needs at least 1,680 MLD more to meet water needs.
26.02 / 06:17
Citi
Target
Williams
Fighting
security
War
rights
16 charged, 18 arrested in major operation targeting organized crime in Quebec
100 officers from specialized units from various police forces including the RCMP were deployed. Led by the Sûreté du Québec (SQ), raids began Friday evening at multiple establishments in and around the capital city targeting those involved in conflicts between drug-dealing street gangs and more established biker clans.The ongoing conflict has resulted in a worrying uptick in violence.
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