Citi Financial News

S Jaishankar met with his Maldivian counterpart Moosa Zameer on the sidelines of NAM Summit and held a “frank conversation” on India-Maldives ties. Withdrawal of Indian military personnel from Maldives and India’s solution to address situation was among the key talking points.

southern Gaza Strip threatened the few healthcare facilities still open, Reuters reported. The Red Crescent said displaced people were injured due to intense gunfire from the Israeli drones targeting citizens at Al-Amal Hospital as well as the rescue agency's base. In the same city, Israeli tanks were also approaching Gaza's biggest remaining functioning hospital, Nasser, where people reported hearing hellfire from the west.

Ayodhya is set to host a unique treasure, a Ramayana edition priced at ₹1.65 lakh, in time for the Pran Pratishtha ceremony of the Ram Mandir on January 22. Bookseller Manoj Sati brought this special edition to Ayodhya. Crafted with exquisite materials, the book's design mirrors the three floors of the under-construction Ram Temple.

Ayodhya next week, with thousands of Indian Americans likely to attend a series of events beginning this week. «Ayodhya is re-emerging from destruction and neglect, epitomising the eternal nature of Sanātana Dharma. The upcoming consecration at Ram Lalla Mandir after 550 years is bringing immense joy to the city and nearly a billion Hindus across the world,» Kalyan Viswanathan, president of the Hindu University of America said in a blog post. The consecration ceremony at the Ayodhya temple wiil be held on January 22.

A team of five advisors who managed almost $2 billion in client assets at Merrill Lynch has joined UBS Wealth Management USA, the firm announced last Friday.

 The San Francisco Beat host Erica Sandberg breaks down gutted Main Street stores on Varney & Co.

As the one-year expiry date looms closer, the largest lottery win in Atlantic Canadian history is still yet to be paired with its rightful owner.

Brookfield Asset Management Ltd. is in talks to invest in Dubai-based GEMS Education, one of the world’s largest private school operators, people familiar with the matter said.

Canadian cities need to relax their zoning policies if they want to tap into billions in federal funds available for new home construction. That was one of the messages delivered by Sean Fraser, the federal minister of housing, to a lunchtime audience at the Empire Club of Canada in Toronto on Jan. 17. Here are three key take-aways from the event.

Jonathan Gitlin opened a can of mineral water, settled into a boardroom chair and apologized if he seemed at all sluggish, a perfectly understandable state to be in given he had just scarfed down a massive gourmet burger at a luncheon with some bankers and was fighting the coma-inducing after-effects.

RAMALLAH, West Bank—The Israeli-occupied West Bank has become an increasingly deadly front in a Middle East conflict that has spread beyond the war in Gaza, with near-daily Israeli raids into Palestinian villages and cities which Israel says are aimed at uprooting growing militant activity and preventing new attacks. Early on Friday, Israeli security forces ended a two-day raid in Tulkarem, a West Bank city straddling the wall separating Palestinian communities and Israel that hasn’t been known as a hotbed of militancy in recent years, leaving at least eight Palestinians dead. The raids, which lasted for more than 35 hours, occurred in the city and its two refugee camps, Tulkarem and Nour Shams, where residents said Israeli forces destroyed homes and damaged infrastructure, including roads.

boomtown, these two also have their business jump manifold in the days, weeks, months and years to come. First on our list is The Fashion Trendz, selling what the shopfront calls 'Streetwear: Men & Women's Apparel'. We know what you're thinking.

reporting entities (REs) under Prevention of Money Laundering Act (PMLA) 2002 to include practising chartered accountants, cost accountants and company secretaries. This is a welcome step, as many were found involved in money laundering activities, sometimes unknowingly. Auditors and legal professionals had been left out of the scope of this notification. The scope of activities for such reporting leaves out traditional practices like:

The storm is predicted to be bringing 1-3 inches of snow to the Northeast and Midwest, with certain regions getting 3-6 inches or more snow by Friday night as per AccuWeather.

Citi lifted its Coinbase (NASDAQ:COIN) target price to $151 from $90 per share in a note Friday, maintaining a Neutral rating on the stock.

Ayodhya prepares for the consecration ceremony. Also featured in the list of gifts for the January 22 event are special perfumes from Kannauj, 500 kg 'kumkum' leaves from Amravati, grains collected at a Ram temple in Delhi, flowers from Bhopal and papers with 'Lord Ram' written 4.31 crore times from Madhya Pradesh's Chhindwara. The Ram temple management committee has received other offerings such as a 108-foot incense stick, a 2,100-kg bell, a giant lamp weighing 1,100 kg, gold footwear, a 10-foot-high lock and key and a clock that simultaneously denotes time in eight countries, among others.

The significant opportunity in the growing private credit market has prompted the launch of a new strategic financing vehicle by Citi and global alternative investment manager Luminarx Capital.

reported Business Line. The assets under management of passively managed schemes have rallied 31 percent to ₹8.74 lakh crore last month against ₹6.65 lakh crore logged in January, largely driven by new fund offers and increased inflows into index funds, it said. In fact, passive funds accounted for 21 percent of overall AUM of ₹42.04 ­lakh crore as of December­-end, according to the Association of Mutual Funds in India data, as per the report.

(Reuters) — China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the situation said, as Beijing struggles to contain debt risks even as it tries to stimulate the economy.

boat accident in Harni lake on the outskirts of Vadodara city in Gujarat, three persons, including a manager of a contractor, have been arrested, said a police official on Friday. Following the tragedy on Thursday afternoon, the Harni police had registered an FIR under sections 304 (culpable homicide not amounting to murder) and 308 (attempt to commit culpable homicide) of the Indian Penal Code against 18 persons, including the partners of Kotia Projects, which was given the contract to run Harni Lake Zone by the civic body. «We have already arrested the manager of the Harni Lake Zone, Shantilal Solanki, and two boat operators — Nayan Gohil and Ankit.

Varanium Cloud Limited, a digital technology company, is setting up its second office and business process outsourcing (BPO) centre at Sawantwadi in Maharashtra. The BPO centre will focus on data accounting, background verification and debt recovery, among other activities. It is expected to create 200 IT jobs in Sindhudurg district, according to a press release issued by the company on Friday.