Citi Financial News

27.01 / 12:57
UPS Citi Booking Synopsys symphony 2020 'Raising Kanan Season 3' Episode 9: Release date, remaining schedule, what will happen
Kanan Stark is the protagonist of the series, Power Book III: Raising Kanan, which is a spin-off developed from Starz's Power series that ended in 2020. Stark is shown going through the '90s and taking over his mother's thriving drug business in New York.
27.01 / 11:33
UPS Citi President Department Colleges All eyes on Nitish Kumar as political storm brews in Bihar
Bihar Chief Minister Nitish Kumar on Saturday, with the JD(U) president appearing to be inching towards his second political volte face in less than three years. For Kumar, who has maintained a deafening silence over the turmoil in the 'Mahagathbandhan', ignoring pleas from allies RJD, Congress and the Left to clear the confusion, it was business as usual. The longest-serving CM began the day by flagging off a number of new fire brigade engines at the city's veterinary college ground, which saw him address a mammoth party rally earlier this week.
27.01 / 09:20
markets Citi economy Southern Research information reports China's Guangzhou first to completely ease purchase limit on large homes
BEIJING (Reuters) — China's major southern city of Guangzhou fully relaxed home purchase limits for some people on Saturday and said it would increase affordable housing supply, in a move to support the local property market.
27.01 / 08:51
Citi Fighting Align Southern community peace Philippine troops kill 9 suspected Muslim militants, including two involved in Sunday Mass bombing
Philippine troops killed nine suspected Muslim militants in the volatile south, including two key suspects in a bomb attack last month that left four Christian worshippers dead, the army said Saturday. Four army scout rangers were slightly wounded in Thursday's operation against the Dawlah Islamiyah, a small outfit aligned with the Islamic State group, in the hinterland village of Taporug near Piagapo town in Lanao del Sur province, army spokesman Col. Louie Dema-ala said. Army forces clashed with about 15 militants in a series of shootouts from Thursday to Friday after some villagers tipped off the military of their presence, Dema-ala, adding that the surviving militants escaped and were being pursued.
27.01 / 08:23
Citi Waters Research wellness Experts cover reports How Climate Policy Went Wrong
I chuckle when somebody insists CO2 is a greenhouse gas and that’s all there is to it. Virtually all expert science would say, then, don’t worry about CO2 because the direct effect of increased CO2 is easily calculated to be only about 1 degree Celsius of warming from an expected atmospheric doubling later this century. To make CO2 responsible for the warming already observed—1.2 degrees—scientists have to posit “positive" or warming feedbacks.
27.01 / 08:07
markets Citi Align Election Experts information recommendations For loans upto ₹50 lakh, interest subsidy should be raised, says Atul Monga of Basic Home Loan
MintGenie, Monga said that reviving expired incentives, such as tax breaks, is crucial for affordable housing. As Budget 2024 approaches India’s real estate scenario amid an upcoming election year, the focus is on potential changes to home loan interest rates under Section 24 of the Income Tax Act. Currently capped at ₹2 lakh, experts suggest raising the limit to at least ₹5 lakh.
27.01 / 05:53
markets Citi economy pandemic Universities reports Colleges Why More Chinese Workers Are Settling for Less Pay
HONG KONG—For many people in China these days, getting a job isn’t the problem. Finding a good one that pays enough is. With the economy in a funk and deflation settling in, many people are having to settle for jobs beneath their skill levels, often with reduced pay.
27.01 / 04:19
UPS Citi Strategy Mobile wellness country Ola launches e-bike services in Delhi and Hyderabad, announces fares. Details here
₹25 for 5 km, ₹50 for 10 km and ₹75 for 15 km. Apart from Delhi, Ola is planning to start the e-bike service in Bengaluru as well. Ola has set up 200 charging stations in Bengaluru to service its e-bike fleet.
27.01 / 04:15
Citi FIVE Citizens rock hospital Courts Traffic Judge green-lights narrowing of main road through Atlantic City despite opposition from casinos
A judge has given a green light to a controversial plan to reduce the width of Atlantic City's main street from four lanes to two
27.01 / 04:15
UPS Citi Art Man Southern travelers A British painting stolen by mobsters is returned to the owner's son — 54 years later
An 18th century British painting stolen by mobsters in 1969 has been returned more than a half-century later to the family that bought the painting during the Great Depression
27.01 / 04:15
markets Citi Strategy Death Research President rights U.S. sets plans to protect endangered whales near offshore wind farms; firms swap wind leases
Two federal agencies are looking to better protect endangered whales amid a surge in offshore wind farm development
27.01 / 04:15
COST UPS Citi Southern Research Norfolk Southern's fourth-quarter profit falls 33% as Ohio derailment costs continue to grow
Norfolk Southern's fourth-quarter profit fell 33% because of the ever growing costs of the cleanup of last year's fiery derailment in eastern Ohio
27.01 / 04:15
Citi Target Sustainability community Justice 2020 prevention NJ Transit scraps plan for gas-fired backup power plant, heartening environmental justice advocates
New Jersey’s public transit agency is scrapping plans for a backup power plant that would have been fueled by natural gas, heartening environmental justice advocates who targeted it and several other proposed power plants in largely minority areas
26.01 / 20:12
markets UPS Citi Cyber DLF Cyber City applies for denotification of office space in SEZs
DLF Cyber City Developers (DCCDL), the rental arm of DLF, has applied for denotification of 1.1 million sq ft of office space in Special Economic Zones and is hopeful to start leasing it from March end, Sriram Khattar, managing director, rental business, DLF, told investors during a post-earnings earnings call. Special Economic Zones (SEZ) have higher rental vacancies at present than areas that are not deemed export zones. The government in December 2023, revised the SEZ rules.
26.01 / 20:12
Citi FIVE show exclusive stars Features Justin Timberlake tour dates, tickets: What we know so far
Justin Timberlake has announced a new world tour. Titled as «The Forget Tomorrow World Tour», this will be singer-actor's first music tour in five years. Timberlake revealed details during «The Tonight Show Starring Jimmy Fallon». Justin Timberlake's North American tour is scheduled to commence on April 29 at Rogers Arena in Vancouver, Canada. The tour, spanning 22 cities and concluding in July at Rupp Arena in Lexington, Kentucky, will feature stops in major cities including Seattle, Los Angeles, Atlanta, Chicago, and New York. In addition to the North American leg, the tour will extend to include performances in Europe and the UK.
26.01 / 20:12
Citi CEO Platform FLEX Strata in talks to buy commercial realty across cities
Strata, a tech-enabled platform for fractional investments in commercial real estate, is in the process of acquiring 700,000 square feet of commercial real estate valued at around Rs 700 crore by the end of the current financial year. The firm is in active discussions to acquire multiple assets across Bengaluru, Pune, Mumbai, Ahmedabad, and other cities. «In the last 12 months, the firm acquired nearly 900,000 sq ft of office space across Mumbai, Bangalore, Pune, and Jaipur, valued at around ?584 crore,» said Sudarshan Lodha, co-founder & CEO of Strata. The acquisition also includes 53,000 square feet of commercial assets in Pune for fractional ownership. The new investment opportunity is leased out to India's largest flex working space, has a 5-year lock-in and lease, and is expected to offer a gross entry yield of 9.1% with a total IRR of 13.1%. Strata is aiming for assets under management of Rs 2,000 crore by the end of 2023-24. It surpassed its AUM of Rs 1,300 crore and aims to expand its presence in western states such as Maharashtra, Rajasthan, and Gujarat.
26.01 / 17:05
Citi Waters students beautiful reports recommendations Colleges Delhi Budget Session 2024 to begin from Feb 15-20, focus likely on health, education
Arvind Kejriwal government is expected to table the 2024-25 budget of the city government on February 17. According to officials, the focus of the budget is likely to be on health, education, roads and infrastructure. It will be the first budget presentation by Delhi Finance Minister Atishi, who was given the finance portfolio last year.
26.01 / 15:49
COST Citi economy Sustainability Micron country India aspires to a $5 trillion economy. It must factor the environment cost
Every country is obsessed with GDP or gross domestic product which is the market value of goods and services produced by labour and property located in that country during a year or part of it. The prosperity of a country is measured by the size of its GDP and its per person income. The world’s GDP in 2022, after accounting for inflation, was nearly $90 trillion, according to the World Bank, up from about $51 trillion in 2002.

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