Citi Financial News

Premier League 2024-25 is all set to wrap up in a few weeks. While Arsenal’s chances to make it to the finals may seem volatile at the moment considering its recent performances, the team is leaving no stone unturned to play their best game. On March 9, Arsenal will be up against Manchester United. There has already been a lot of buzz around the match as it marks one of the iconic soccer rivalries. In its previous matches, Arsenal lost against West Ham United, followed by settling for a draw against Nottingham Forest. The Gunners may draw some inspiration in this tough time from their manager Mikel Arteta, who believes that the team will not accept defeat until the end of the season. The odds are slightly in favour of Manchester United, if history is to be believed. In their games against Arsenal, they have won 102 while Arsenal scored a victory in 90 fixtures. There have been as many as 50 draws between the clubs.

PSG have played against each other in European competitions four times, with each side winning twice.

This economic dynamism has not only increased the billionaire count but has also spurred the growth of high-net-worth individuals (HNIs), further strengthening India's luxury property markets including Mumbai, Delhi and Bengaluru. With 191 billionaires, India now ranks third globally in billionaire wealth, behind only the US and China. A total 26 individuals joined the billionaire club in just the last year, a stark contrast to the mere seven additions recorded in 2019, showed the Knight Frank global wealth report.

Metal Eden is an upcoming video game set in a futuristic world. The game will be available on multiple platforms and will feature an action-packed storyline. Players will control an android warrior in a battle against rogue robots.

A tornado watch was issued Wednesday morning for parts of North and South Carolina until early afternoon. Tornado warnings were issued in Florida and South Carolina on Wednesday morning. On Tuesday, high winds forced some changes to Mardi Gras in New Orleans, which moved up and shortened the two biggest parades to wrap them up ahead of the bad weather. Tornadoes touched down Tuesday in Texas, Oklahoma and Louisiana, according to preliminary information from the National Weather Service.

prime residential space in 2024, followed by 237 sq ft in Hong Kong and 344 sq ft in Singapore, according to a Knight Frank report. In comparison, Mumbai offers 1,066 sq ft, marking a 2.6% decline over the past decade as prices have risen. Bengaluru has also become less affordable, with space purchasable for $1 million decreasing by 9% to 3,617 sq ft. In Delhi, one can buy 2,239 sq ft, up 11% from a decade ago. The Prime International Residential Index (PIRI 100), which tracks luxury property price changes across 100 global cities, has recorded a 3.6% annual increase in 2024. Of these, 80 cities saw either positive or stable price growth. Seoul 18.4%, Manila 17.9%, and Dubai with 16.9% growth led global price appreciation in prime real estate.

The storm follows significant staffing cuts at the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service, whose diminishing workforce experts warn could put lives at risk. Last week, 779 NOAA employees were laid off, leaving people worried about how the nation will respond to extreme weather events.

Tata Group and its Chairman Emeritus, Late Ratan Naval Tata, the Assam Cabinet meeting has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad. The state government stated, “In recognition of the unparalleled contribution of the Tata Group and its Chairman Emeritus, Late Ratan Naval Tata (the first Assam Vaibhav awardee), the Cabinet has approved the naming of the entire area covered by the Assam Semiconductor & Electronics Logistics Park (ASELP), Jagiroad Tata OSAT Center, and the proposed township with social infrastructure as Ratan Tata Electronics City (RTEC), Jagiroad.” The Cabinet has passed a resolution expressing gratitude to Prime Minister Narendra Modi for his guidance and support to Assam in successfully organizing the Advantage Assam 2.0 Summit.

The first leg of the knock-out leg is taking place at Santiago Bernabeu in Tuesday, February 4. Real Madrid versus Atletico Madrid UEFA Champions League match is scheduled to kick off at 3 pm (ET).

Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.

Subscribe to enjoy similar stories. For millions of investors who’ve lost track of old mutual fund investments, India's markets regulator is offering a new mitra—or friend— to help. The Mutual Fund Investment Tracing and Retrieval Assistant (Mitra), launched by the Securities and Exchange Board of India (Sebi), is designed to track down inactive and unclaimed mutual fund folios, helping investors reclaim money they may have forgotten.

exports are facing mounting pressure from aggressive trade policies by partners such as the United States and the European Union, a senior trade ministry official said on Tuesday. Citing the U.S. decision to raise import tariffs and initiatives like the CHIPS Act, Santosh Sarangi, head of the Directorate General of Foreign Trade (DGFT), said it was «high time India also looked at our trade and industrial policies comprehensively». U.S. President Donald Trump's proposal to impose reciprocal tariffs from early April on trading partners including India is worrying Indian exporters in sectors ranging from autos to agriculture, with Citi Research analysts estimating potential losses at about $7 billion a year.

Subscribe to enjoy similar stories. Come March and India’s urban residents develop a feverish feeling arising from the anticipated onslaught of summer heat. As monsoon rains near, that feeling transitions to a sense of foreboding over the risk of flooded roads, stranded cars and man-eating manholes.

Citigroup Inc. almost shifted about $6 billion to a customer’s account by accident after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure. The near-miss in Citigroup’s wealth-management business magnified the intended amount by more than a thousand times and was detected on the next business day, according to people familiar with the matter. It happened in April, the same month that another part of the bank accidentally credited $81 trillion to a different client. The wealth division’s error was reported to regulators and, within Citigroup’s offices, provoked audible frustration from Andy Sieg, who had arrived just months earlier to run the unit, according to the people, who asked not to be named discussing private information.

Hate crimes reported in big cities across the United States dipped slightly in 2024, unlike previous election years, when such incidents typically are expected to rise. The Crime and Justice Research Alliance reported at least 3,268 hate crimes in 42 major cities, a 2.7 percent decrease from a record high in 2023. Nonetheless, anti-Semitic and anti-Muslim hate crimes have grown despite a general reduction. This surge has been largely linked to the Israel-Hamas conflict.

Daredevil: Born Again brings back the Marvel superhero in a new series on Disney+. The show continues the story of Matt Murdock, played by Charlie Cox. He faces new challenges as he battles Wilson Fisk, also known as Kingpin, in New York.

Subscribe to enjoy similar stories. An unexpected dish was placed on the table: parmesan jalebi with saffron aioli, a savory take on the zulbia, a Middle Eastern dessert that became jalebi in India. This delightfully innovative appetizer was served at Farro, a new restaurant in Pune that opened in January.

The vox pop-style video, seemingly recorded in Mumbai, features a man posing a straightforward question to pedestrians: “What is the official language of Bengaluru?” One respondent confidently stated, “I think Bengaluru doesn’t have an official language.” Another immediately answered, “Hindi,” while a third person, seemingly uncertain yet determined, offered, “Hindi or Sanskrit. I’d place my bets on both.”

Asteroid 2024 YR4 will dangerously hit Earth in 2032, world's largest space agency NASA has now issued a clarification and confirmed it is not going to ruin our planet. When scientists detected this space rock in December 2024, all the alarms went off. Asteroid 2024 YR4 is classified as a near-Earth asteroid, meaning its orbit brings it close to Earth’s region of the Solar System. Initially estimated to be 130 to 300 feet (40 to 90 meters) wide, it was thought to have a slight chance of impacting Earth on December 22, 2032, when first discovered. However, continued observations through early 2025 led NASA to confirm that 2024 YR4 poses no significant impact risk to Earth in 2032 or in the future. ALSO READ: Sunita Williams' salary and net worth: How much does the veteran NASA astronaut earn? Check details

The data highlights key industries such as IT, BFSI, Manufacturing, and Healthcare as major contributors to this growth, alongside a rising demand for specialised talent in emerging technology roles. “The Indian job market is evolving rapidly, creating greater access and opportunities for women, particularly in high-growth industries and tech-driven roles,” said Anupama Bhimrajka, VP-Marketing, foundit in a statement.