Citi Financial News
17.11 / 08:55
Citi
Digital
Progressive
Action
ICE
President
Surrey Police Board suspended as B.C. moves to force transition from RCMP
Surrey Police Board on ice Thursday, in the latest move to force the city to complete its transition to a municipal police force.Mike Farnworth announced that he had suspended all of the board’s members, and that former Abbotsford police chief Mike Serr has been appointed as administrator to fulfil their functions on the Surrey Police Board.In October, Farnworth introduced legislation to force the city to complete its transition from the RCMP to the Surrey Police Service (SPS), which included provincial powers to appoint an administrator to replace board members and act in their stead.Farnworth said the move was necessary due to the lack of progress from the city in moving the police transition forward.The action also results from the need to address budgeting for the current and coming fiscal years, he said.“The best way to do that is to put in place an administrator, suspend the board, and that’s why it is being done,” Farnworth said.“This is not a reflection on the board members who I think have worked incredibly hard and done outstanding work.”Farnworth said he had spoken to the board about the decision, along with Surrey Mayor Brenda Locke — with whom he had a “cordial” conversation.“It’s no secret that this has been a complex issue, it is the largest policing transition in the history of this province and I think in the country,” he said.“They mayor has her views I think on this transition, and I have made it clear that this transition will continue.”Locke was not available for an interview Thursday, but issued a statement accusing the government of a “provincial police takeover” that eliminated civilian oversight.“In effect, the Minister has removed checks and balances,” Locke wrote.“Not only is the Province
17.11 / 07:17
Citi
Provident
Target
BLOCK
performer
country
reports
fall
Delhivery shares fall over 3.50% on large block deal
Delhivery, the country's largest fully integrated logistics services provider, tumbled 3.70% in early trade on Friday, reaching ₹398.50 apiece. This downturn came after 1,74,57,113 shares of the company changed hands in a block deal window on Friday. The total worth of the transaction was around ₹722.18 crore.
17.11 / 05:39
Citi
Nov
Updates
Cost of Living LIVE Updates Nov 15: Fuel prices steady. Check petrol and diesel prices in your city today
₹94.33KolkataPETROL (Rs/L) - 106.03DIESEL (Rs/L) - ₹92.76Mumbai CityPETROL (Rs/L) - 106.31DIESEL (Rs/L) - ₹94.27New DelhiPETROL (Rs/L) - 96.72DIESEL (Rs/L) - ₹89.62 Download the App to get 14 days of unlimited access to Mint Premium absolutely free!
17.11 / 05:39
Citi
Digital
Gap
Experts
reports
gatherings
Yes Bank shares hit 10-month high. Experts see potential multibagger in making
Stock market today: After taking a pause on Thursday, buying interest once again triggered in Yes Bank shares during Friday morning deals. Yes Bank share price today opened with a downside gap at ₹20.05 apiece levels on NSE and went on to hit intraday low of ₹19.80 per share levels. However, Yes Bank shares soon gathered upside momemtum and hit intraday high of ₹20.60 per share levels.
17.11 / 05:39
Citi
Provident
Digital
show
country
rap
Financial
Bajaj Finance rap shows need to balance financial inclusion, consumer protection
₹92,267 crore in FY23. The segment is growing rapidly, and not just in big cities. Clearly, in a country with a young population, rapid digitisation, and a growing number of fintech firms, digital lending is poised to grow rapidly.
17.11 / 05:39
Citi
IPO
Experts
performer
reports
recommendations
Costs
Indraprastha Gas, Mahanagar Gas, Gujarat Gas benefit from lower gas costs aiding Q2 margins and volumes
Indraprastha Gas Ltd(IGL) have seen their stock price dip to 52-week lows in November. Gujarat Gas Ltd facing competition and volume pressure in its industrial segment also has seen its stock price see upside under check. Nevertheless all these companies have reported decent September quarter performances.
17.11 / 05:36
Citi
FIVE
BLOCK
innovations
Great Indian Festival created 750 crorepati sellers, 40,000 sellers had largest single day sales: Amazon India
Amazon Great Indian Festival was buoyed by strong demand and created significant milestones for sellers on the marketplace, says the e-commerce company. “I have been here [in Amazon] for nine years plus and this has been one of the smoothest Diwali that we have had,” says Amit Nanda, Director-Selling Partner Services at Amazon India. “And it has been the largest Diwali for us over all these years, across multiple dimensions.
17.11 / 05:15
17.11 / 04:09
Citi
Digital
Compilation
performer
reports
Department
Delhi's air quality still in ‘severe’ category as AQI stands at 404 today
monitoring pollution, Environment Minister Gopal Rai said on Thursday. The six-member STF will perform other functions like coordinating with different departments and compiling reports to tackle poor AQI. The Delhi minister said that the current scenario of air pollution in the city is likely to remain the same for the next three days due to unfavorable meteorological conditions.
17.11 / 04:09
Citi
awards
WhatsApp
President
reports
Department
Dharavi Redevelopment Project: Maharashtra govt TDR rule tweaks may advantage Adani Group: Report
Also Read: Adani to kick off Dharavi project with $1.5 billion investment The state government’s Urban Development Department has modified the rules through a notification, the report added. According to the existing rules, there is an indexation provision for the utilization of Transferable Development Rights (TDR). This means that there would not be any cap on area-specific use of the TDR.
17.11 / 03:13
Citi
Provident
country
hospital
reports
Department
Israel's Gaza invasion has set "whole region on fire," says Jordan's foreign minister
Israel's invasion of Gaza has destroyed decades of work to resolve the Israeli-Palestinian conflict and has set «the whole region on fire,» Jordan's foreign minister told CNN on Thursday. «Israel is not producing security for itself by the killing of innocent Palestinians,» Jordan's Foreign Minister Ayman Safadi said, adding, «It's putting the whole region on fire again, and it has destroyed the hard work that many had made over the decades to make sure that we come to a peaceful conclusion to this conflict.» Israel had «killed any embrace of peace in the region» and its war against Hamas had pushed regional relations back more than 30 years, Safadi also said, according to CNN. The Jordanian government had been discussing with Israel about exchanging solar power for energy but these discussions have now stopped because people «don't see any value» in dealing with Israel as its ground offensive in Gaza continues, Safadi said. He said he thought the evidence Israel had shared to back its claim that Hamas had a «command node» under the Al-Shifa hospital in Gaza City was «just ridiculous» and an «insult to intelligence.» He was also opposed to Israel's claim that its military operations in Gaza were self-defence. «Any other country in the world that would have done a fragment of what Israel is doing would have been under sanctions by now,» Safadi said, adding, «This is not self-defence.
17.11 / 00:14
Citi
Discover
Southern
reports
FBI Arrests Trio of Crypto Criminals, Over $10 Million Stolen from NYC Banks
Three men have been arrested for an elaborate conspiracy that drained $10 million from banks across the New York City metropolitan area, United States Attorney for the Southern District of New York, Damian Williams, announced today.
16.11 / 23:14
16.11 / 21:49
Citi
Waves
Target
economy
Bill
President
Department
Stock Market Today: Dow ends lower as Walmart slide, energy slump weighs
Investing.com — The Dow closed lower Thursday, paced by a slump in Walmart and worries about the economy following a wave of mostly weaker-than-expected economic data.
16.11 / 19:59
Citi
Platform
Discover
film
Destiny
Warner Bros
audience
blues
'Blue Beetle': See when and where to watch online and more
Warner Bros. Pictures' 'Blue Beetle' is set to debut on the Max streaming platform on Friday, November 17. Directed by Ángel Manuel Soto, the film features Xolo Maridueña in the lead role of Jaime Reyes, a recent college graduate.
16.11 / 19:35
Citi
FIVE
Waters
economy
country
gatherings
prevention
Demand for seafood is soaring, but oceans are giving up all they can. Can we farm fish in new ways?
Aquaculture has been the fastest growing food sector in the world for decades, and people now eat more farmed fish than wild fish
16.11 / 19:35
Citi
Twitter
SEC
Entertainment
Patrick
social
WWE collaborating with Big 12 Conference during championship game next month
The WWE is collaborating with the Big 12 Conference for their championship game next month, as the sports entertainment company further strengthens its relationship with various sports organizations
16.11 / 17:21
Citi
show
track
social
song
rap
reports
end
Drake to release new EP “Scary Hours 3” in surprise year-end album drop: 3 songs you need to hear from the superstar rap artist
Drake, the Canadian hip-hop superstar announced on Wednesday that he will be releasing his brand new and latest EP (Extended Play) “Scary Hours 3” on Friday. As per reports, he made the announcement through a video that was shot in Roy Thomson Hall in Toronto. In the video Drake was seen and heard saying that he didn’t need to “appease” anyone. He further went ahead to say that he was very confident with his work that he could “disappear” for six months, a year and even two years. The video then shows the rap artist walking around the hall alone and then being served a glass of wine by a valet. He then says that he wasn’t a fan of disappearing only for the sake of a “mystery.” He continues saying that he hadn’t experienced something like this since 2015 and that feels like he was on drugs.
16.11 / 16:37
Citi
Waters
show
performer
track
electronic
ABB may find it hard to keep up margin show in coming quarters
ABB India Ltd’s September quarter earnings were better than expected on several counts. Thanks to a more favourable mix of products and revenues, improved utilization levels and price realization, and better priced older orders, operating margin expanded 580 basis points (bps) year-on-year (y-o-y) to a multi-quarter high of 15.8%, while gross margin was up 190 bps at 36.7%. The company follows a January to December financial year.
16.11 / 14:59
Citi
Target
Progressive
Action
economy
country
innovations
India undertaking largest planned urbanisation programme in world: Minister Puri
India is undertaking the largest planned urbanisation programme in the world, Union minister Hardeep Singh Puri said on Thursday. The total investments for urban development since 2014 have risen 10 folds to more than Rs 18 lakh crore in comparison to the previous 10-year period, the Union housing and urban affairs minister said at the launch of CITIIS 2.0 — the City Investments To Innovate, Integrate and Sustain challenge.
16.11 / 14:05
Citi
Fighting
President
social
reports
Chhattisgarh Election Phase 2 voting: Check key candidates, constituencies and poll issues
Chhattisgarh Election Phase 2 voting: The second phase of Chhattisgarh Election 2023 is all set to be held on Friday, November 17. As many as 70 assembly constituencies will go to polls in the second phase. A total of 958 candidates have been fielded across these 70 seats.
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