Citi Financial News

07.12 / 16:33
Citi Waters Southern Colleges Cyclone Michaung: Chennai schools, colleges to remain shut tomorrow
Cyclone Michaung. The city has been witnessing “major flood" situations, Union Home Minister Amit Shah said. Earlier in the day, Tamil Nadu chief secretary Shiv Das Meena briefed about the restoration work that is underway in Chennai after cyclone Michaung hit the city.
07.12 / 15:45
Citi Provident JPMorgan economy Fallout reports Ray Dalio says green finance has to be profitable
After a particularly bad year for green investing, the founder of the world’s biggest hedge-fund firm has just set the record straight.
07.12 / 15:45
Citi Action economy Citigroup track Is now the time to buy quality China debt?
China’s investment-grade credit offers value and will outperform US peers in 2024 thanks to favorable technicals and higher carry, according to Citigroup Global Markets Inc.
07.12 / 15:17
Citi Assurant country reports FBI chief to visit India days after US flagged foiled plot to murder Khalistani terrorist Pannun
assassination of Khalistani terrorist, Gurpatwant Singh Pannun, on American soil. Also Read: Gurpatwant Singh Pannun murder bid: Senior US official Jon Finer discusses investigative panel for foiled plot in India During the FBI chief's visit, the National Investigation Agency (NIA) is likely to take up the issue of Khalistani terrorist Gurpatwant Singh Pannun with the visiting US official, reported news agency ANI citing sources. According to the agency, Wray will meet officials of both the law enforcement agencies of the country, ie Central Bureau of Investigation (CBI) as well as NIA during his visit to India.
07.12 / 15:17
Citi Entertainment pandemic Celebrity country reports The bigger, fatter Indian wedding
NEW DELHI : A glitzy upper-crust wedding this week at a sprawling Delhi farmhouse–one of about 400,000 taking place in the capital this matrimonial season–is being attended by the who’s who in the city. The ceremonies, involving two business families, one in construction and the other in, let’s say, consumer goods, will include a cocktail party at Delhi’s Roseate Hotel before the wedding, which will have specialised catering from Mumbai’s famous Mahesh Lunch Home. The grand party will have artist Bismil performing for about 400 guests.
07.12 / 14:39
Citi Mobile economy Death love travelers Department Traffic Death by traffic: Toronto's economy and return to office plans are choking on congestion
Giles Gherson had 20 minutes to get from his office on the Toronto waterfront to a restaurant at Yonge and Dundas for a lunch meeting. Ample time, in other words, or so the chief executive of the Toronto Region Board of Trade assumed as he settled into the back of an Uber for the short trip.
07.12 / 13:25
Citi Strategy Mobile Bill blues information donates Gates Foundation takes on poverty in the U.S. with $100 million commitment
The Bill & Melinda Gates Foundation announced Thursday that it will donate $100 million to expand its work on economic mobility in the U.S. The country’s largest foundation says the commitment represents a change in how it operates by putting more powe...
07.12 / 12:07
Citi awards Smallcap stock gains 2% after infra firm bags order worth ₹102 crore from Gujarat govt
PSP Projects gained around two per cent on Thursday, December 7, after the construction company bagged an order worth ₹101.67 crore for a project at GIFT City at Gandhinagar in Gujarat. In a filing to the stock exchanges, the construction company said that the Gujarat Biotechnology Research Centre (GBRC) at GIFT City in Gandhinagar, Gujarat, has awarded the company a work order worth ₹101.67 crore under the Government category.
07.12 / 12:07
Citi NIC Bill Experts country hospital guidelines Cashless treatment available for CGHS cardholders at all AIIMS across the country; know eligibility, guidelines
CGHS with AIIMS, New Delhi; PGIMER, Chandigarh; JIPMER, Puducherry and AIIMS located at Bhopal, Bhubaneswar, Jodhpur, Patna, Raipur, Rishikesh, Bilaspur, Rajkot, Kalyani, Bhatinda, Bibinagar, Guwahati, Deoghar and Mangalagiri; to facilitate cashless treatment/investigation facilities to Pensioner beneficiaries and other eligible categories of CGHS beneficiaries at these premier institutions." Who will be eligible for cashless treatments at AIIMS, PGIMER, Chandigarh and JIPMER, Puducherry? What are the guidelines that CGHS beneficiaries must know to avail cashless treatment facilities at these premier institutions? Read here to find out. Cashless treatment facilities at AIIMS: Who are eligible? What are the guidelines? 1) CGHS pensioners and other beneficiaries entitled for cashless treatment like ex-MPs, ex-Governors, former judges of Supreme Court of India, former judges of high courts, freedom fighters, etc., holding a valid CGHS card are eligible for cashless treatment at AIIMS. 2) The validity of the CGHS card and the ward entitlement are printed on CGHS Card. 3) AIIMS will create a special desk for CGHS beneficiaries.
07.12 / 12:07
Citi Digital Platform Instagram show social hospital Meta oversight board to examine Israel-Hamas war content
social media platforms in two cases involving hostage-taking and bombing in the Israel-Hamas conflict. The cases will be the first to use a new expedited review mechanism announced earlier this year that requires the board to make decisions within 30 days. The board usually deliberates for several months on its cases. The board's decision to take on the cases comes as social media platforms have been flooded with violent, hateful and misleading content in the two-month-old war between Israel and Hamas, the Islamist movement in Gaza which carried out the Oct. 7 attack on Israeli towns that set off the conflict.
07.12 / 10:07
Citi Cooper Extreme show Chinese ships visit Cambodian naval base
Chinese warships have made a first visit to a Cambodian naval base that Washington has long feared will boost Beijing's influence in the Gulf of Thailand. A Cambodian defence ministry official said on Thursday that Chinese-funded work to expand the Ream base, near the port city of Sihanoukville, would be «finished soon». Cambodian Defence Minister Tea Seiha said on his Facebook page that he had visited the two ships docked at the base on Sunday «to prepare a training of our Cambodian naval fleet». Cambodian officials refused to give any details of the vessels, the purpose of their visit or how long they were staying, but a sign on one of the gangways identified it as belonging to the Chinese navy. Chinese Foreign Ministry spokesperson Wang Wenbin said: «China and Cambodia have an extremely deep friendship, and the two sides have developed richly successful cooperation in many fields.» The Vice-Chairman of China's Central Military Commission, General He Weidong, visited Phnom Penh earlier this week and met Prime Minister Hun Manet. Cambodia has long had close relations with Beijing and US officials fret that the base will boost China's effort to buttress its international heft with a string of naval and military outposts. Satellite imagery published in July showed that a 363-metre (1,190-foot) pier had been built jutting out into the sea.
07.12 / 08:51
Citi Provident Manufacturing Landmark social reports COP28: Adani Group pledges sustainable revolution in cement industry
COP28 Summit, Adani Group Chairman Gautam Adani has today announced the group's "commitment to revolutionise the cement industry" through sustainable practices. In a post on social media site X (formerly known as Twitter), Adani said group companies Ambuja Cements and ACC are leading sustainable practices in the cement industry, adding that more than 90 percent of their production now recycles fly ash and slag. He further noted that the "significant shift" not only enhances the cement's environmental footprint, but also "marks a substantial step towards sustainability".
07.12 / 08:51
Citi Provident Target Strategy information 2020 Citi initiates coverage on Nuvama Wealth with ‘buy’, prefers it over 360 One Wealth – here's why
Nuvama Wealth Management with a ‘Buy’ rating and a target price of ₹4,110, representing approximately a 27 percent potential upside. Nuvama's strength lies in its multi-product and open-architecture distribution model in the wealth sector. The company has a diverse customer focus, catering to Ultra High Net Worth Individuals (UHNI) through Nuvama Private and High Net Worth Individuals (HNI) and affluent clients through Nuvama Wealth.
07.12 / 05:59
Citi BLOCK Man Parke cover hospital strain Alberta man comes face-to-face with gunman during Kingsway Mall crime spree
Christopher Beausoleil just went to out to do some Christmas shopping at a central Edmonton mall when he found himself looking down the barrel of a sawed-off shotgun.
07.12 / 05:33
Citi BLOCK Southern Arrow Inside reports evacuation safe Israel intensifies ground attack in southern Gaza in war against Hamas. Is anywhere safe in the besieged enclave?
Nakba? As the ground offensive by Benjamin Netanyahu's Israel intensifies, this time on Southern Gaza, Palestinians ask ‘is anywhere safe?' Israel's Defense Forces have intensified their attack on Southern Gaza after peace talks fell through with Hamas fighters. Palestinians have questioned the Israeli decision to step up bombing in the besieged enclave’s south, which was declared a safe zone when the war began about two months ago. Israel promised vengeance after the Hamas armed group carried out a surprise attack on October 7 inside Israel, killing up to 1,200 people.
07.12 / 04:21
Citi BLOCK Digital Manufacturing economy track country G-7 to ban Russian diamonds starting next year
Ukraine. While the G-7 and its European allies have been trying to find additional ways to squeeze Russia’s economy to constrain its ability to fund its war in Ukraine, diamonds have remained a stumbling block. Earlier attempts to sanction Russian gems in Europe had met resistance from leading importer nations like Belgium, which had argued that a simple ban would just shift the lucrative gem trade elsewhere.
07.12 / 03:53
Citi Progressive Platform Infinity President country innovations PM Modi to address 2nd edition of Infinity Forum 2.0 on December 9
Narendra Modi is scheduled to address the second edition of the prominent Financial Technology event, Infinity Forum 2.0, on December 9, 2023, according to an official release. As per the statement, the event is hosted by the International Financial Services Centres Authority (IFSCA) and GIFT City, under the aegis of the Government of India.
07.12 / 01:21
Citi FIVE Manufacturing CEO Platform 2020 reports Global capability centers follow top tech talent to India’s heartland
global capability centers (GCCs) in India established a base in a tier II city as companies sought to tap new talent markets, according to data from CBRE. In addition, GCCs across sizes and maturity levels are expanding and consolidating their footprint in India even as global technology demand remains cautious.
06.12 / 23:33
Citi Provident BTC Citizens Tether USDT Bitcoin Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments
The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC).
06.12 / 21:03
Citi Extreme WSJ love show A timeline of ​Taylor Swift and Travis Kelce's relationship
Taylor Swift and Travis Kelce have managed to keep their relationship under wraps, surprising many Swifties who initially believed they started dating after being spotted together in September. However, in a recent interview with Time magazine, Swift revealed that they had been dating since July when Kelce mentioned her on his podcast, expressing his regret at not meeting her during her Eras Tour gig in Kansas City. This revelation suggests that their relationship has been ongoing for a longer duration than initially speculated. Taylor Swift disclosed that she initiated contact with Travis Kelce after hearing his podcast, leading to them secretly spending time together. This revelation adds another layer to their previously undisclosed relationship, shedding light on the behind-the-scenes dynamics that preceded their public appearances together. “So we actually had a significant amount of time that no one knew, which I’m grateful for, because we got to get to know each other,” she explained.
06.12 / 19:54
Citi Waters Extreme Highways Pride electronic evacuation Stormy Monday in Chennai: Why are our cities so flood-prone?
Mint explains why the city, which prides itself as an ideal investment destination, needs to do a lot more. The slow-moving cyclone dumped an unprecedented 43 cm of rain in just 35 hours leading to massive flooding across the city. This caused a major power outage which lasted more than 36 hours and it disrupted telecom services, including the internet.

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