Citi Financial News

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Delhi Police has issued a traffic advisory in anticipation of heavy traffic during the ongoing wedding season in the city. The advisory comes amid reports of around 4 lakh weddings in Delhi, causing potential traffic chaos.

world's largest iceberg, A23a, is on the move for the first time in 37 years, according to recent satellite images from the British Antarctic Survey. The iceberg, which is almost 4,000 square kilometers (or 1,500 square miles) in area, is roughly three times the size of New York City.

North Korean leader Kim Jong Un inspected photos taken by the country’s new spy satellite of “major target regions”, including the South Korean capital of Seoul and cities that host U.S. military bases, state media said on Saturday. Nuclear-armed North Korea launched the satellite on Tuesday, but South Korean defence officials and analysts said its capabilities have not been independently verified. Kim examined photos of Seoul and other cities of Mokpo, Kunsan, Pyeongtaek and Osan, where U.S. and South Korean military bases are located. The photos were taken as the satellite passed over the peninsula on Friday morning, state news agency KCNA said.

Delhi, a bustling metropolis of 20 million residents, grapples persistently with the ominous distinction of being the world’s most polluted capital. Despite annual assurances from the government to address this escalating crisis, the city continues to be shrouded in poor air quality, exacerbated by vehicular emissions and the burning of agricultural waste in neighboring states.

Delhi experienced a sharp decline in air quality on Saturday morning, falling into the 'severe' category, as reported by the System of Air Quality and Weather Forecasting And Research (SAFAR-India). At 9 am, the overall Air Quality Index (AQI) for Delhi NCR reached 404.

Thailand extends visa-free entry to Indian and Taiwanese tourists for six months Air India holds an advantage over IndiGo in terms of transferring passengers, as all its operations are under one roof. However, for international-to-international transfers, both airlines stand on equal footing. Seven of Thailand's top ten source markets are Asian countries, with the remaining three being Germany, the UK, and the USA.

In an increasingly urban lifestyle with a paucity of time, finding competent cooks and handling daily kitchen intricacies can be challenging. This is what Vaibhav and Aman Gupta, friends since first year (2012) of college at IIT Kharagpur wanted to solve with ChefKart, a venture that they conceptualised in March 2020. “We identified a significant gap in the industry that ran in an antiquated and unprofessional manner.

Rain Alert! IMD issues warning for Tamil Nadu, Puducherry for next 3 hours According to the IMD, the formation of low pressure in the Bay of Bengal is the reason behind the unseasonal rainfall. "Due to the formation of low pressure in the Bay of Bengal, thunderstorm activities are likely to begin at isolated places of south Maharashtra from tomorrow. A yellow alert has been issued for November 26-28 across Maharashtra," Sunil Kamble, Head, of IMD Mumbai, told PTI.

Kim Jong Un inspected photos taken by the country's new spy satellite of «major target regions», including the South Korean capital of Seoul and cities that host U.S. military bases, state media reported on Saturday. Nuclear-armed North Korea launched the satellite on Tuesday, but South Korean defence officials and analysts said its capabilities have not been independently verified. Kim examined the photos, as well as imagery taken of some areas within North Korea, during a visit to the control centre of the National Aerospace Technology Administration (NATA) in Pyongyang on Friday, state news agency KCNA said. The photos were taken as the satellite passed over the peninsula on Friday morning, KCNA said, and included images of Seoul, and Mokpo, Kunsan, Pyeongtaek and Osan, where U.S.

Thirty nine Palestinian women and minors detained on various charges were freed under an accord brokered by Qatar that also saw the release of 13 Israeli hostages seized by Hamas gunmen during their assault on Israel last month. «There is no real joy, even this little joy we feel as we wait,» said Sawsan Bkeer, the mother of 24-year-old Palestinian prisoner Marah Bkeer, jailed for eight years on knife and assault charges in 2015. Israeli police were seen raiding her Jerusalem home before her daughter was released. «We are still afraid to feel happy and at the same time, we do not have it in us to be happy due to what is happening in Gaza,» she said. More than 100 more Palestinian prisoners are due to be released over the coming four days and more may be freed if the truce is extended. In Beitunia, a city near Ramallah in the occupied West Bank, a large crowd, mostly of young men, greeted freed prisoners by cheering, honking car horns and marching in the street carrying Palestinian flags. Some in the crowd also carried the flag of the Hamas militant group that rules blockaded Gaza and chanted in support of Abu Ubaida, the spokesperson of the group's armed wing. «I can't express how I feel.

Niagara Falls and exploded in a fiery wreck were identified Friday as a western New York husband and wife whose family owns a lumber business and several hardware stores in the Buffalo area.The Niagara Falls Police Department named the couple as Kurt P. Villani and Monica Villani, both 53, of Grand Island, New York, a leafy Buffalo suburb close to the falls.Online business records and the company website indicate the victims’ family owns Gui’s Lumber and seven Ace Hardware locations in western New York, his family operating the business since the mid-1980s.

Square Enix officially confirmed Final Fantasy 7 Rebirth's release date as February 29, 2024, during the PlayStation State of Play in September 2023. The game will remain exclusive to PS5 until at least May 29, 2024. Additionally, part 3 is in active development, marking the final chapter in the FF7 Remake series.

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state’s coffers, and helped keep Atlantic ...

Prime Video is gearing up with a mix of Christmas content and other options for viewers. While the spotlight is on festive films and shows, there's a variety of entertainment for those seeking something different.

301 and 400 'very poor', 401 and 450 'severe' and above 450 'severe-plus'. Delhi has been seeing a gradual increase in the AQI levels after a marginal improvement was witnessed on Sunday. The 24-hour average AQI, recorded at 4 pm every day, was 390 on Thursday, 394 on Wednesday, 365 on Tuesday, 348 on Monday and 301 on Sunday.

Raphael Varane, the 30-year-old veteran French central defender who also plays for English Premier League football club Manchester United is looking for a move away from the club, as his relationship with Erik Ten Hag, the current club manager, has been reported to be “practically broken down.” Signs of their relationship being under pressure could be understood when Ten Hag hinted that Varane had to fight for his place in the team as his defensive compatriot Harry McGuire has been performing well on the pitch. Ten Hag said on Thursday, McGuire “took his chance” when Varane was “absent” due to his injury. He also added that such “internal competition” is a normality in clubs which have a big stature like Manchester United. Furthermore, he stated that players have to “seize” their chance when it comes and other players have to fight for their place in the starting 11. According to reports, Varane’s relationship with Ten Hag broke down after this interview took place.

PB Fintech on Friday said it has made a further investment of 349 crore in its arm Policybazaar to strengthen the financial health of the subsidiary. “PB Fintech made a further investment of Rs 349 crore in Policybazaar Insurance Brokers Pvt Ltd, a wholly-owned subsidiary," the company said in a filing. The present investment seeks to strengthen the financial health of Policybazaar to meet its general operating expenses and enhance brand awareness, office presence and strategic initiatives. PB Fintech will infuse the funds into Policybazaar in one or more tranches during FY24 and FY25. PolicyBazaar and PaisaBazaar, which are jointly classified as the core online business for PB Fintech, have seen revenue growth of 46% on a year-on-year basis in the second quarter, one of the highest growth achieved in the past four quarters. Adjusted EBITDA for the core business improved to Rs 68 crore. In the September quarter, PB Fintech's revenue surged by 41% YoY, driven by remarkable growth of 129% on YoY basis in the insurance business. EBITDA margins improved from -39.4% a year ago to -11% in the second quarter, propelled by cost reductions in ESOPs, controlled employee and advertising expenses, resulting in significant operating leverage benefits. Analysts expect this trend to continue for the foreseeable future. So far this year, PB Fintech shares had a terrific run with 80% gain on a year-to-date basis. Post the quarterly results, Keynote Capital has revised its estimates and maintained a ‘Buy’ rating on the stock, with a target price of Rs 968. «The company stands at a pivotal juncture, driven by catalysts such as renewal commission growth, strategic expansion into tier-2/3 cities through offline channels, and

Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins existing shareholders MassMutual Ventures and Citigroup who also participated in the round. 

FSID) within the Indian Institute of Science (IISc) has announced the launch of the Centre of Data for Public Good (CDPG). The Centre is dedicated to advancing research, innovation, collaboration, and best practices in the realm of data science, analytics, and policy to address critical societal challenges, IISc said in a press release.

MNS style', the Brihanmumbai Municipal Corporation has now warned shopkeepers that they would be fined Rs 2,000 per employee if they don’t put a marathi sign board by Saturday. The MNS had put up hoardings in part of the city that they would do ‘MNS style’ agitation on those shops that do not put up the signboards in Marathi by Saturday. The MNS style protest is a MNS warning that they would vandalise and do violence in the shops. The Mumbai Municipal Corporation has now said that they would begin fining shopkeepers from Monday if they haven’t put up signboards. November 25 was the deadline issued by the Supreme Court for the shopkeepers to put the Marathis signboards after the Federation of Retail Traders Association had approached the Supreme Court seeking to challenge a state government order of 2022 which had made it mandatory for all shops and establishments in the state to also display Marathi signboards on their shops along with the English signboards or fonts.