Citi Financial News

trust vote in the 70-member Delhi Assembly with Chief Minister Arvind Kejriwal claiming that his party has emerged as the biggest challenger to the BJP, which «wants to crush it by any means». Kejriwal, who is also the national convener of the AAP, won the confidence motion with the support of 54 MLAs and said no legislator of his party defected. Out of 62 AAP MLAs in the Delhi Assembly, 54 were present in the House during the trust vote, two were in jail, two others were unwell, three were out of station and one was not present due to a wedding in his family, the AAP national convener said. Kejriwal had moved the motion of confidence in the Assembly on Friday and accused the BJP of trying to poach his party's MLAs.

Sheriff’s Deputy Jeremy Malone’s life ended moments after he pulled over a car without license plates by a Dollar General store in rural Mississippi last month. The driver pulled out a pistol illegally modified with a small device known as a Glock switch, which made it capable of fully automatic gunfire, according to police. Malone, a 44-year-old father of three, was killed instantly in a barrage of bullets.

DUBAI/CAIRO (Reuters) — The Sudanese army has claimed its first major advance in 10 months of war, regaining control of part of the city of Omdurman from the Rapid Support Forces.

Ukraine withdrew troops from the besieged eastern stronghold of Avdiivka to save the lives of its soldiers, President Volodymyr Zelensky said on Saturday, handing Russia its biggest symbolic victory since May. The pullback comes after Russian forces stepped up efforts to capture the eastern industrial hub in October, leading to mass casualties and destruction. Facing ammunition shortages and outnumbered on the battlefield, Ukrainian forces announced they had withdrawn in the early hours of Saturday.

Enforcement Directorate (ED) has summoned senior BJD MLA and former Odisha Minister Prafulla Samal and his son over an alleged money laundering case, sources said on Saturday. The probe agency has issued summons to Samal and his son Prayaskanti in connection with Barapada Engineering College land irregularities, they added. The father-son duo has been asked to report before the ED with all related documents. The ED's action comes two days after raids were conducted at different places linked to Samal. «The ED has carried out search operations at 10 locations in Bhadrak and Bhubaneswar cities of Odisha on 15.02.2024 under the provisions of PMLA, 2002 belonging to Prayaskanti Samal (ex-President), Manoj Kumar Goswami (Secretary) and others of Barapada School of Engineering and Technology (BSET) society in the matter of misappropriation of society money by forgery and cheating. During the search operations, various incriminating documents, digital devices, Cash of Rs. 9 Lakhs, undated cheques, land agreements and a Toyota Fortuner Car worth Rs. 40 lakhs approx were recovered and seized,» the ED posted on X on Saturday.

«Bengaluru, a city that stands proudly as one of the top technology hubs globally, deserves our utmost attention and priority in terms of development. It is not merely a city; it is a symbol of innovation, diversity, and progress,» he said. In his address, Siddaramaiah said as the Chief Minister of Karnataka, he is committed to ensuring that Bengaluru continues to thrive and scale global heights by focusing on critical aspects such as infrastructure, quality of living, and citizen amenities.

opposition leader Alexei Navalny, the OVD-Info rights group said Saturday. The 47-year-old Kremlin critic was serving a 19-year prison sentence in the Arctic when authorities announced his death, prompting grief among his supporters.

prohibitory orders here in Pakistan's capital as jailed former prime minister Imran Khan's party began nationwide protests against alleged rigging and stealing of its mandate in the recent elections. Criticising the outcome of the polls, which saw the Pakistan Tehreek-e-Insaf party-backed independent candidates emerging as the largest group by winning over 90 National Assembly seats, the PTI announced holding countrywide «peaceful protests» against what it termed «record-high rigging». The protests began with a march in Wana in South Waziristan of the Khyber Pakhtunkhwa province.

The County Group, North India’s leading real estate developer, on Wednesday announced the launch of a 28-acre ultra-luxury residential apartment complex — Ivory County — in Sector 115, Noida.

Prime Minister Narendra Modi will lay the foundation stone of the Gurugram Metro project on February 16. The Haryana government had approved the formation of the Gurugram Metro Rail Ltd, which shall be jointly owned by the Haryana government and the Government of India, to execute the metro extension project early this year.

In a historic move set to redefine Gurugram’s urban landscape and economic prospects, Prime Minister Narendra Modi laid the foundation stone of the Gurugram Metro Rail project today. This momentous event marks the commencement of a visionary project that promises to enhance connectivity, reduce traffic congestion, and significantly boost the real estate sector in Gurugram and surrounding areas.

With affordable housing losing its sheen in the past couple of years, top property realtors believe that intervention from government, in terms of subsidy schemes for borrowers or reduction in interest cost for land acquisition is the only way to revive interest in it.

Hong Kong customs officials have arrested seven people linked to the territory's largest money laundering case on record, involving about $1.8 billion

Two juveniles have been charged with crimes connected to the shooting at the Kansas City Chiefs’ Super Bowl rally, authorities said Friday.

life insurance, fixed deposits and mutual funds in the next year, indicating a proactive approach towards financial planning. This was revealed in a study titled ICICI Lombard’s report on emerging trends in health insurance with focus on taxation benefit. At the same time, individuals aged 26-45 make a greater set of investments, the report states.

Amazon has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a US labour agency's in-house enforcement proceedings violate the US Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize. Amazon in a filing made with the National Labor Relations Board (NLRB) on Thursday said it plans to argue that the agency's unique structure violates the company's right to a jury trial.

NEW DELHI : JSW Steel Ltd, India’s largest steelmaker by capacity, will invest ₹65,000 crore in Odisha to set up one of its biggest manufacturing plants, adding to the country’s efforts to boost production of the alloy. The announcement comes close on the heels of the $23-billion JSW Group announcing a ₹40,000-crore investment in Odisha for an electric vehicle and a battery manufacturing unit, taking its investment in the state to more than ₹1 trillion. It has also announced a ₹5,500 crore investment in Karnataka.

Donald Trump and his real estate company suffered a major defeat in New York’s civil fraud suit over his inflated asset valuations, after a judge barred the former president from running any business in the state for three years and ordered the return of $364 million in illegal profits. 

BSNL) and Mahanagar Telephone Nigam (MTNL) for the slow pace of their land monetisation process, especially in the metro cities. They have released only ?550 crore from land monetisation in the past few years, compared with the estimated potential of over ?20,000 crore. «BSNL and MTNL have been asked to speed up the process of land monetisation as the Centre is looking to reduce the debt of both telecom-sector PSUs,» a senior official aware of the matter told ET. Cabinet Secretary Rajiv Gauba called a review meeting with the senior officials of BSNL and MTNL earlier this week to take an update on the monetisation process. «They have been asked to prepare a detailed circle-wise report, with the land parcel and reason for the delay or possible hurdles, by May 31,» another official said.

Wipro is expected to see a decline. Additionally, the top firms collectively reduced their headcount by nearly 50,000 since last April, “GCCs will continue to grow. We have seen a lot of continued interest from the GCC ecosystem and GCCs coming into India in just the first two months of 2024," said Sangeeta Gupta, senior vice-president, Nasscom.

(Reuters) — Federal Reserve policymakers got fresh validation on Friday for their wait-and-see approach to interest rate cuts this year, after a government report showed wholesale prices rose far more than expected last month.