Citi Financial News
24.11 / 15:48
Citi
gatherings
Odisha approves projects worth ₹84,919 crore
₹84,919 crore, which will likely generate 42,281 jobs in the state. These projects are spread across sectors such as apparel & textiles, green hydrogen and green ammonia, steel, power & renewable energy, chemical & petrochemicals.
24.11 / 13:49
Citi
Provident
Citizens
Department
Maharashtra govt’s new policy to boost ‘Housing for All’, investments, says Housing Minister Save
Maharashtra has been planning to effect necessary requisites in the state's new housing policy to make 'Housing for All' a reality and to ensure that every citizen gets their own house either through housing body MHADA or slum rehabilitation projects or through other developments, said Housing Minister Atul Save. In order to boost affordable housing, the government will also find ways to push new investments in the state's housing sector, he said while speaking at a NAREDCO Maharashtra conference. The minister added that the state government's focus is to ensure a maximum flow of housing in Mumbai and the state and provide all the possible support to the real estate sector and bring in new investments. “As the Prime Minister Narendra Modi has envisaged under the PM Awaas Yojana to ensure 'Housing for All', the State Government believes that every citizen of Maharashtra should get his own house through the MHADA or SRA schemes or otherwise… The real estate and construction sector should get a required priority,” he said. Several issues pending in the state's housing sector will be resolved in the new housing policy and 80% draft work of the new policy has been completed and suggestions of the new stakeholders would be considered before finalizing the same. Other departments like home, urban development, revenue, and slum rehabilitation authority (SRA) have also been involved in the policy making, Save added. «More than 50% of the population in the city still lives in slums and about 20% to 30% of slums are to be redeveloped.
24.11 / 13:41
Citi
Man
Remark
President
social
gatherings
SOLIDARITY
Support
Community steps up to support NYC vendor harassed by Obama's ex-advisor Seldowitz
Stuart Seldowitz, former National Security Council advisor to ex-US President Barack Obama, has been arrested in New York City on charges related to the harassment of a street vendor. Viral videos captured Seldowitz making Islamophobic remarks against a halal food cart worker in Manhattan. In a display of solidarity, people gathered outside the vendor's cart, purchasing food to support him.
24.11 / 13:40
Citi
BAY
track
country
Centre
Allcargo Gati Ltd sets up surface transhipment centre and distribution warehouse on B'luru outskirts
warehousing hub to express distribution and supply chain management company Allcargo Gati Limited (formerly GATI). The company has launched a state-of-the-art and tech-enabled Surface Transhipment Centre and Distribution Warehouse (STCDW) at Mayasandra, Hobli, on the outskirts of Bengaluru, Karnataka. Strategically located at just 5.5 Km away from NH 44 (Bengaluru-Hosur Highway) at the border of Tamil Nadu and Karnataka, the STCDW is spread over 3.5 lakh sq.
24.11 / 11:26
24.11 / 09:41
Citi
Platform
exclusive
innovations
travelers
Uber India rolls out rewards programme for drivers across 12 cities
Uber is rolling out a tiered rewards programme ‘Uber Pro’ for drivers in 12 cities. The programme will give drivers benefits such as area preference, discounted vehicle maintenance and motor insurance, as well as enhanced micro credit offerings. Drivers will be eligible for these benefits upon reaching certain milestones. This rewards programme will operate independently from Uber’s ride-based cash incentive programme, where drivers earn incentives based on the number of rides completed in a stipulated time period, and ratings received from riders.
24.11 / 09:41
Citi
Provident
CEO
Platform
Enterprise
social
innovations
BITS Pilani’s PIEDS to launch startup programme for women entrepreneurs
BITS Pilani’s technology business incubator, Pilani Innovation and Entrepreneurship Development Society (PIEDS), is launching a startup programme that will support women entrepreneurs who are creating solutions for the smaller cities in the northeastern region, Rajasthan, Haryana and J&K, according to a statement from the institute. The programme, ‘Womenpreneur for Bharat 1.0’, will provide funding of up to Rs 10 lakh to the eligible startups, along with extended incubation support from PIEDS, including one-on-one mentoring, market access support, and opportunities to raise funds.
24.11 / 09:21
Citi
Digital
Waters
Fighting
President
country
innovations
Trudeau says Canada joining EU research program, inks water bomber deal
European Union’s $100-billion scientific research program, called Horizon Europe.Trudeau offered little detail about Canada’s participation in the pact this evening as he welcomed the top two heads of the EU to Newfoundland and Labrador’s capital city of St. John’s for the 19th EU-Canada Summit.Trudeau also said during his opening speech that Canada has worked out a deal to build water bombers and ship them to the EU, after both regions faced devastating forest fires this past summer.European Council President Charles Michel says the two-day summit comes at a difficult geopolitical time, as war continues in Ukraine and Israel and Hamas fight in the Gaza Strip.He says the unrest underscores a need for Canada and the EU, two long-standing allies, to work together on issues from peace and security to fighting climate change.Trudeau is expected to hold formal meetings on Friday with Michel and European Commission President Ursula von der Leyen.Ottawa and Brussels started negotiations a year ago on Canada joining the Horizon Europe scheme, with the initial goal of signing an agreement this past spring that would be in place this calendar year.The program has seen countries such as New Zealand and Israel sign up for research projects partially funded by the EU, involving themes like the digital industry, health care and climate innovation.Entrepreneurs from the St.
24.11 / 08:27
Citi
hospital
information
reports
infection
pneumonia
China grapples with respiratory illness spike; WHO says no unusual pathogen found
China called for vigilance on Friday as a surge of respiratory illness hit schools and hospitals and the World Health Organization, which has asked the government for disease data, said no unusual or novel pathogens had been detected. China is grappling with a spike in respiratory illnesses as it enters its first full winter season since it lifted strict COVID-19 restrictions in December, with cases among children appearing especially high in northern areas like Beijing and Liaoning province where hospitals are warning of long waits. The State Council said influenza would peak this winter and spring and mycoplasma pneumoniae infection would continue to be high in some areas in future. It also warned of the risk of a rebound in COVID infections.
24.11 / 07:57
Citi
Align
Remark
pandemic
2020
reports
Residential prices in India’s top 7 cities see up to 33% hike in 3 years – Check locations topping the list
Buoyed by strong housing demand, the average residential prices in key micro markets across the top 7 cities saw a significant surge in the last three years between October-end 2020 and the corresponding period in 2023.
24.11 / 07:57
Citi
Provident
Extreme
Remark
Parke
Southern
Harmonic
Southern Peripheral Road: A promising realty destination in Gurugram
Southern Peripheral Road (SPR) stands as one of Gurgaon’s pivotal real estate corridors, spanning from Gurgaon-Faridabad Road near Sector 58 to its connection with NH-48 near Sector 74A, intersecting Sohna Road at Badshahpur Chowk. This evolving corridor in South Gurgaon amalgamates several developed and developing sectors catering to residential, commercial and industrial demand.
24.11 / 07:57
Citi
pandemic
show
information
2020
Mumbai
How property prices in key locations of Mumbai, Bengaluru, Hyderabad, Delhi-NCR increased in 3 years
Average property prices in key locations of top seven cities have surged up to 33% in last three years between October-end 2020 and the corresponding period in 2023, according to Anarock Research data.
24.11 / 05:30
Citi
show
consequences
Delhi air quality ‘very poor’ today, AQI crosses 350 mark
AQI for Delhi NCR stood at 388. Although air quality in several areas of the national capital improved marginally from the 'severe' category to 'very poor,' it remained hazardous for residents as per pollution numbers recorded on Friday. As of 7.55 am, the AQI in the Pusa area was 403, while IIT Delhi had an AQI of 579.
24.11 / 04:57
Citi
Target
Strategy
Yellow
Experts
track
information
Weekly
Gold Rate Today: Yellow metal set for second weekly gains. Should you buy?
Taking cues from the international prices, MCX December gold futures opened in the green and were trading at Rs 61105 per 10 gram, up by Rs 33 or 0.05% from the Thursday closing price. Meanwhile, the December Silver futures were trading at Rs 72,934 per kg, higher by Rs 36 or 0.05%. On Comex, Gold futures were trading at $1,993.60 per troy ounce on Friday, up by $0.80 or 0.04% while Silver futures were trading at $23.720, higher by 0.032 or 0.14%. The dollar index was trading at 103.83 against a basket of top six currencies, down by $0.09 or 0.09% though the bias was negative. The December Gold futures ended at Rs 61,018 on Wednesday, down 207 or 0.34% while the December Silver futures settled at Rs 72,781, lower by Rs 523 or 0.71%. Gold futures on the MCX have gained by 0.28% or Rs 170 per 10 gram on the month-to-date basis, Analyst Anuj Gupta, Head Commodity & Currency, HDFC Securities informed.
24.11 / 03:31
24.11 / 01:05
Citi
rapper
Sean 'Diddy' Combs accused of 1991 sexual assault in second suit
(Reuters) — Sean «Diddy» Combs has been accused of drugging and sexually assaulting a university student in 1991 in a lawsuit filed in a New York court on Thursday, the second suit of its kind filed against the hip hop mogul in the past week.
23.11 / 23:52
23.11 / 23:03
Citi
Provident
Digital
Platform
CRA
3 tax changes in the fiscal update you may have missed
This week’s fall economic statement had very little in the way of tax measures, but there were a few items that may affect you if you own real estate or are considering the succession of your privately owned business.
23.11 / 19:50
Citi
Aware
Platform
show
electronic
reports
Festive time lifts credit card spends to a record
₹1.78 trillion in October aided by strong festive season purchases on e-commerce platforms, latest Reserve Bank of India data showed. The spending had seen a dip in September as consumers prioritized saving ahead of big buys in the festive season. Total spending via credit cards jumped 38.3% year-on-year and 25.4% month-on-month in October.
23.11 / 19:07
Citi
Action
awards
Actor
Celebrity
hospital
Jamie Foxx accused of sexual assault in new lawsuit
Jamie Foxx has been accused by a woman of sexual assault at a New York City restaurant. As per the complaint filed by the woman in New York Supreme Court on Wednesday, the incident took place in August 2015 at Catch NYC. The victim alleged that she saw Foxx, 55, sitting «one table away having drinks with» Catch Hospitality Group co-founder Mark Birnbaump.
23.11 / 18:47
Citi
Reuters
economy
President
country
reports
Mexico's America Movil denies report it's eyeing Argentine telecoms firm Arsat
MEXICO CITY (Reuters) — America Movil (NYSE:AMX), the Mexican telecommunications company controlled by billionaire Carlos Slim, on Thursday denied a report it is in talks with Argentine President-elect Javier Milei's team to buy Argentina's state telecoms company Arsat.
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