Citi Financial News

05.02 / 14:01

Citi BLOCK CEO Action community President Courts Nonprofit's lawsuit over the federal funding freeze is part of an 'avalanche' of litigation

A new coalition of nonprofits came together overnight to challenge a seemingly sweeping order from the Trump administration last week pausing trillions of dollars in federal funding

05.02 / 11:41

markets Citi Provident Assurant Experts show International Budget 2025 | GIFT City insurance and endowment plans are now tax-free for NRIs. What about for resident Indians?

The Union Budget for 2025-26 has proposed a major tax arbitrage for unit-linked insurance policies and endowment plans sold via Gift City. If approved, the maturity proceeds in such dollar-denominated insurance plans will be tax-free if the premium amount is under 10% of the sum assured.

05.02 / 10:15

markets Citi Digital Booking Strategy Experts PAM Godrej Properties sells Rs 28,800cr worth properties in 2024, highest among listed players

Godrej Properties has sold properties worth Rs 28,800 crore during the 2024 calendar year, highest among all listed real estate companies in India, on strong demand for its housing projects across many cities. Realty major, DLF — the country's largest real estate firm in terms of market capitalisation — sold properties worth around Rs 20,650 crore during the last calendar year mainly on high demand for its ultra-luxury housing project 'The Dahlias' in Gurugram where it sold properties in a price range of Rs 55-150 crore per unit.

05.02 / 04:03

UPS Citi Target Platform cover travelers gatherings The startups that are learning to hustle afresh at the Maha Kumbh Mela

Subscribe to enjoy similar stories. Bengaluru: At the Maha Kumbh Mela, India’s largest spiritual congregation, several established startups are elbowing their way through the rush to convert devotees pouring in from the country’s remotest corners into consumers.

04.02 / 15:21

markets Citi Strategy Tesla Forbes reports Elon Musk explains how Tesla's robotaxi will work

Tesla is all set to launch its “unsupervised, no one in the car” robotaxi service in Texas' Austin city later this year, Elon Musk has announced.

04.02 / 11:13

Citi security Boxing President Courts Relationships Court upholds conviction of American who helped fugitive former Nissan chief hide pay

A Japanese appeals court upheld the conviction of a former American Nissan executive for helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to overturn his acquitals on other counts

04.02 / 07:35

Citi Provident Progressive Extreme Action Strategy country Once again, the Economic Survey seems to play down the climate crisis: Why?

Subscribe to enjoy similar stories. In my critique of the Economic Survey of 2023-24, I had highlighted how little justice it does to the climate imperatives India is facing.

04.02 / 06:53

markets Citi Digital Strategy President PAM country Ludhiana to host ET Make in India SME Regional Summit on February 7

04.02 / 00:53

UPS Citi Waters Research Experts Mercury Mint Primer: Will the budget bring prosperity to rural India?

Subscribe to enjoy similar stories. The budget announced a slew of schemes for rural India, focusing on improving crop productivity and credit access for farmers. But funding for most non-farm schemes has declined in real terms.

03.02 / 22:13

markets UPS Citi Target Trade President International Trump targets loophole Temu, Shein used to take on Amazon

President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against international e-commerce, with apparent plans to extinguish a long-held tariff exemption for packages worth less than US$800.

03.02 / 19:53

COST UPS Citi Booking country Surreal prices for COP30 in Brazil's Amazon leave attendees scrambling for accommodation

Nine months ahead of the 2025 U.N. climate conference known as COP30, prices for lodging are alarming those who want to attend the event in Belem, Brazil’s Amazonian host city

03.02 / 14:41

markets Citi Digital Strategy Metro Election PAM Delhi Metro to begin early services at 4 am on election, counting day for staff convenience

03.02 / 14:03

Citi FIVE Airlines Nov Diversity reports Investigations Crews return to the Potomac River to recover wreckage from DC midair collision

Crews are on the scene on the Potomac River to retrieve the submerged wreckage of an airliner and an Army helicopter that collided midair in the deadliest U.S. air disaster since 2001

03.02 / 14:01

markets Citi Digital Strategy PAM social At least 19, mostly women, killed in a car bomb explosion in northern Syria

03.02 / 13:29

Citi security Parke War country Interviews peace In Aleppo’s ruins, vigilantes help Syria’s new rulers keep the peace

Subscribe to enjoy similar stories. ALEPPO, Syria—Late one January night, two balaclava-clad security officers with Syria’s new government were speeding through the streets of Aleppo in pursuit of a man who had been spotted stealing fuel from a parked car. The middle-aged officers screeched to a halt, jumped out and ran through a small park with their flashlights and Kalashnikov rifles.

03.02 / 12:53

Citi Remark President country reports travelers Syria has a new government—or does it?

Subscribe to enjoy similar stories. Ahmed al-Sharaa, leader of the organization that overthrew Syria’s Assad regime, has “assumed the presidency of the country in the transitional phase," according to a statement last week from the military command of the current government in Damascus. The announcement formalizes the government that has existed since Mr.

03.02 / 12:53

Citi Provident Healthcare Experts country hospital patient Budget proposal for 200 cancer care centres not enough: skilled oncologists, nurses and equipment needed, say experts

Subscribe to enjoy similar stories. A key announcement in the Union budget presented on Saturday was the establishment of 200 cancer daycare centres in district hospitals in 2025-26. While these would serve to decentralize cancer care, experts expressed concern over the absence of enough skilled medicos to run them amid growing incidence of the cancers.

03.02 / 06:17

markets COST Citi students Universities reports International Studying in Europe is not as fancy as it sounds

Ireland have seen a surge in international students, attracted by high-quality education and more affordable tuition compared to top study destinations like Australia, Canada, the UK, and the US. However, despite these advantages, students in Europe encounter a familiar challenge: a shortage of purpose-built student housing (PBSA) and soaring rental costs.

02.02 / 19:31

markets Citi Digital Strategy PAM Arsenal Arsenal thrash Man City to boost title challenge, Man Utd lose to Palace

Arsenal beat Manchester City 5-1 to keep their Premier League title hopes alive on Sunday, while Manchester United slumped to another meek 2-0 home defeat to Crystal Palace.

02.02 / 02:45

markets UPS Citi security Analysis Trade Experts Budget at a glance: What stock market investors need to know

CAPITAL GAINS AIFs Get Clarity on Tax The government has clarified that profits earned by ‘Category 1 and ‘Category 2’ alternative investment funds (AIFs) from sale of securities will be treated as capital gains and not business income which is higher. So investors in AIFs will pay capital gains tax and not 30% income tax.

01.02 / 15:33

UPS Citi country beautiful travelers recommendations Destinations We asked 10 travel agents: What's the top under-the-radar destination? Here's what they said

Looking for travel inspiration for 2025 and beyond?

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