Citi Financial News

08.03 / 04:11
UPS Citi tennis love musician Relationships KP Singh: The city builder
Subscribe to enjoy similar stories. Dressed in a claret-coloured shirt and dark slacks, K.P. Singh is just back in New Delhi from Lynndale, his 110-acre home in Mussoorie, where he brought in his 95th birthday with family and friends, and musicians flown in for the occasion.
07.03 / 20:21
markets Citi Airlines love International Destinations Avelo Airlines expands operation with new base at Concord-Padgett Regional Airport
Avelo Airlines has expanded its air travel operations further with the inauguration of its latest base at the Concord-Padgett Regional Airport in North Carolina's Charlotte region. The base was inaugurated on Thursday (March 6). Highlighting the advantages the new base would offer, a section on Avelo's website says the Concord-Padgett airport offers convenient access to the greater Charlotte area, which is a major financial hub.
07.03 / 15:19
markets Citi Winter Olympics Olympics Department Traffic snowboarding Who is Ryan Wedding aka El Jefe, Olympian-turned-drug ring mastermind, added to FBI's 10 most wanted fugitives' list
Ryan Wedding's name has been added to the list of 10 most wanted fugitives wanted by the FBI for allegedly operating a drug trafficking network spanning several countries. Also known as "El Jefe", the former Olympian is currently residing in Mexico, the Department of State said on Thursday, while offering a $10 million reward for information leading to his arrest and/or conviction.
07.03 / 14:07
Citi security Southern President War country testing Syrian forces battle insurgents in serious test for new government
Subscribe to enjoy similar stories. Syrian government forces are responding to a series of clashes and ambushes launched by partisans of the deposed Assad regime, the biggest domestic military challenge yet to the former rebel group trying to hold the country together with stretched manpower.
07.03 / 11:07
markets Citi Digital Platform security Remark trends 60% of women-led businesses see over 10% revenue boost post securing loans: Indifi
Indifi Technologies, a leading digital lending platform has released its latest findings from its user database, just ahead of International Women’s Day, highlighting a remarkable trend that nearly 60% of female entrepreneurs who secured business loans from the platform witnessed a more than 10% uptick in their revenue before the end of their loan tenure. The findings also highlight a compelling trend of women entrepreneurs from tier-2 cities and beyond increasingly seeking business loans. Since the company’s inception in 2015, women borrowers in these regions accounted for just 12.5% of total disbursals. However, this number has seen a remarkable rise over the years, reaching 37% in 2024, highlighting the growing financial inclusion and accessibility of credit for women-led businesses beyond metro cities. Alok Mittal, Co-founder & MD, Indifi Technologies, said, in a statement, «Our commitment to supporting women entrepreneurs and bridging the financial gap for women-businesses remain steadfast. It is incredibly encouraging to see that nearly 60% of these businesses achieve over 10% revenue growth after securing a loan. This is clear proof of how access to the right financial support can drive real impact. This growth speaks to the resilience, ambition, and potential of women entrepreneurs across the country. As more women embrace digital lending to scale their businesses, we are excited to support them on their journey and see this momentum continue to build.»
07.03 / 11:07
markets Citi Celebrity reports peace Hindus to play Holi till 2.30 pm on Mar 14, Muslims to offer Jumma namaz thereafter
Jumma namaz after 2.30 pm here in the communally sensitive city of Uttar Pradesh, a senior police official on Friday said, adding seven companies of Provincial Armed Constabulary (PAC) have been deployed ahead of the festival. The new directive comes a day after a circle officer (CO) kicked up a row by saying that Holi is a festival that occurs once a year whereas Jumma namaz takes place 52 times a year. He said anyone who feels uncomfortable with the colours of Holi should stay indoors on that day. Sambhal Superintendent of Police (SP) Krishan Kumar on Friday told reporters that in view of Holi and the first Friday of Ramzan falling on the same day, seven companies of PAC have been deployed in the city. Complete peace prevails in the district and peace committee meetings are being organised at the mohalla level, he said. Asked about the discussions that took place in the meeting of the peace committee, the SP said, «Talks were held with key people from both sides in the district-level peace committee meeting and it was decided that the Jumma namaz will be held after 2.30 pm and people of the Hindu community will play Holi till 2.30 pm and go to their homes.»
07.03 / 10:51
UPS Citi Art wellness show Inside ‘Of Worlds Within Worlds’: Showing Gulammohammed Sheikh's lifetime of brilliance
Subscribe to enjoy similar stories. Inside the dimly lit interiors of Kiran Nadar Museum of Art (KNMA) in Delhi, 87-year-old Gulammohammed Sheikh leads a group of art enthusiasts on a walkthrough of his latest exhibition, Of Worlds Within Worlds. It’s a chilly morning in early February, but this grand retrospective of a lifetime’s brilliance runs till the end of June, which is just as well.
07.03 / 09:39
COST UPS Citi Platform Food wellness IPO-bound Rebel Foods bets growth on 15-minute food deliveries
Subscribe to enjoy similar stories. BENGALURU : Multi-brand restaurant operator Rebel Foods, which is gearing up for a public-market listing in 2025-26, expects its newly launched 15-minute food delivery service ‘Quickies by EatSure’ to be a major growth driver in coming years, EatSure’s co-founder and chief executive Sagar Kochhar told Mint in an interview. The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, Kochhar said.
07.03 / 07:47
markets Citi FIVE Aware trends Experts RAI Women mutual fund investors adopting SIPs, account for over 30.5% of total SIP AUM
Mutual Funds in India (AMFI). The study reveals a significant rise in the assets under management (AUM) held by women in mutual funds for over five years, increasing from 8.8% in March 2019 to 21.3% in March 2024. In comparison, male investors' long-term holdings grew from 8.2% to 19.9% during the same period. The number of women investors holding mutual fund investments for less than a year decreased from 40.5% to 25.4% between 2019 and 2024. For male investors, this short-term holding percentage declined from 42.1% to 27%. This data indicates a stronger inclination among women to maintain their investments over longer periods compared to men. Also Read | Midcap stocks down 20% from peak. What should mutual fund investors do?
07.03 / 07:47
Citi Fighting Healthcare social 2020 reports isolate Gender and Age: We need a female perspective on ageing populations
Subscribe to enjoy similar stories. A recent news story in a prominent US daily reported that a number of non-profits in Washington DC are distributing robotic pets to residents aged 60 and older in some areas of the city to ease their loneliness and isolation. While in the US, about 28% of people aged 65 and older live by themselves, the number in that age group is projected to increase to 82 million by 2050, which will be 23% of the total population.
07.03 / 05:49
markets UPS Citi Waters Parke boating Cruises on the Yamuna, green belts from landfills, and no waterlogging: What Delhi CM Rekha Gupta has planned for the city
BJP MLA from Shalimar Bagh, Rekha Gupta, who recently became Delhi’s fourth woman Chief Minister and the second woman CM from the BJP, spoke about her plans for the city at the India Today Conclave. CM Gupta on Friday, highlighted key projects her government is working on to improve Delhi’s environment, water management, and infrastructure.
07.03 / 05:01
Citi Manufacturing WhatsApp Highways electronic travelers Traffic Bengaluru: Traffic to be closed on elevated expressway for 7 hours – Check restriction timings, police advisory
Electronics City elevated expressway from 11 pm to 6 am starting Wednesday until further notice. According to traffic police, the National Highways Authority of India (NHAI) will conduct maintenance work on the expressway beginning on the night of March 5.
07.03 / 01:15
UPS Citi Booking Strategy country International Afcons eyes Middle East construction boom, shifts strategy with local partnerships
Subscribe to enjoy similar stories. Mumbai: Afcons Infrastructure Ltd, which has so far limited its exposure to the Middle East due to unfavourable contract terms, is looking to increase its business there as the region witnesses a construction boom to diversify from oil money. The company will work in the region in collaboration with local partners who are familiar with domestic conditions to reduce the execution risk, as per top company executives.
06.03 / 23:47
Citi Target Action Sustainability Research country reports After Trump's Paris Agreement exit, focus on state and municipal level climate change mitigation, says IPCC chairperson
Subscribe to enjoy similar stories. New Delhi: The rollback of pledges by a major economy can lead to missed global climate mitigation targets, but state- and municipal-level policies can still bear positive impacts, said Jim Skea, chairperson of the Intergovernmental Panel on Climate Change (IPCC). Skea said that withdrawing from an agreement may not mean the country will stop all climate change mitigation activities.
06.03 / 16:35
markets Citi Pool Discover community film reports Lavish, iconic, unforgettable: Step inside the Brooklyn mega-mansion that stole the spotlight in Anora, dubbed ‘The Jewel of New York City’
The Brooklyn mega-mansion that wowed Anora is a 14,000-square-foot waterfront estate in Mill Basin. It features marble floors, a large pool, and a private theater. The luxurious home, now owned by financier Michael Davidoff, remains unchanged, a true architectural gem that stole the spotlight both on and off-screen.
06.03 / 16:35
markets Citi Digital RAI stage India know the surface, but we're ready for a scrap: New Zealand skipper Mitchell Santner
Mitchell Santner on Thursday acknowledged India's familiarity with the slow pitch here at the DICS, but said his side is ready for a «scrap» in the Champions Trophy final. The Kiwis arrived here on Thursday evening ahead of the ICC showpiece's title clash against India on March 9. «They've played all their games here in Dubai and know that surface. Obviously, the surface will dictate a little bit of how we want to operate. It might be a little bit slower than what we got in Lahore. It might be more of a scrap, but we're down to scrap,» Santner said after touching base in the city. However, Santner said New Zealand can take some solace from their experience of playing against India during the group stage.
06.03 / 14:35
markets UPS Citi Chelsea social Arsenal Premier League predictions for Champions, UEFA Champions League: EPL forecast for Liverpool, Manchester City, Arsenal and other clubs
Premier League. Runaway leader Liverpool looks certain to win a record-equaling 20th title. At the other end of the standings, three from the current bottom four clubs will probably be relegated. The Champions League places, however, are up for grabs with just six points separating the teams placed from third to 10th. And with the Premier League in pole position to win a bonus fifth spot in the Champions League next season, the likes of Bournemouth, Brighton and Fulham are in contention.
06.03 / 14:33
Citi Waters Southern reports evacuation Schools Updates Cyclone Alfred LIVE Updates: Brisbane airport cancels flights; early rain, wind from rare cyclone hit eastern Australia
Schools closed, public transport stopped – What we know about rare storm nearing Australian coastTropical Cyclone Alfred is expected to make landfall late Friday or early Saturday with the strength of a category 1 Atlantic hurricane, as it swirls west toward the city of Brisbane, home to 2.5 million people, and coastal suburbs either side.ALSO READ: Brisbane Airport cancels flights; schools closed, transport halted as storm approaches Australian coastAlfred is threatening a region that doesn’t normally experience cyclones; they typically form much further north, over warmer waters in the tropics. The delay in the storm’s arrival gave officials more time to issue warnings to anxious residents living in properties previously untested by cyclonic winds.Catch Live Updates With MintCyclone Alfred LIVE Updates: Prime minister Anthony Albanese said 660 schools in southern Queensland and 280 schools in northern New South Wales were closed on Thursday as weather conditions worsen."My message to people, whether they be in southeast Queensland or northern New South Wales, is we are there to support you.
06.03 / 09:59
markets Citi Enterprise trends Trade show reports Realtors eye new addresses in tier-2 cities
Subscribe to enjoy similar stories. Grade-A real estate companies have been expanding their footprints from top-tier cities to tier-2 cities lately. A combination of factors such as affordability, relatively higher growth potential in untapped regions, and improving infrastructure, is enticing realtors and homebuyers towards tier-2 cities such as Agra, Chandigarh, Goa, Jaipur and Nagpur.
06.03 / 09:29
markets Citi Digital Booking RAI Courts Attractive home loan EMI subvention scheme is no magic bullet: Know how it became an everlasting misery for these homebuyers
home loan EMI subvention scheme offered by many builders and developers a decade ago. According to TOI, subvention schemes were supposed to make things easier for buyers, but in many cases, became instruments that gave builders access to loans without accountability and left homebuyers in the city to bear the aftershocks, like demand letters to pay EMIs despite houses running years behind schedule. Also read | How an easy home loan EMI scheme turned into a nightmare for many homebuyers in Delhi NCR
06.03 / 05:45
markets Citi Target wellness information shock This smallcap proxy stock is well insulated from UltraTech's shock to the cables & wire industry
Subscribe to enjoy similar stories. First, it was paints and now cables & wires. Aditya Birla Group's entry with Birla Opus took away the sheen from leading paint companies in India.

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