Citi Financial News

12.10 / 06:19
COST Citi Metro track Updates Cost of living LIVE updates Oct 12: Petrol price in Delhi unchanged at ₹96.7, check price in your city
₹96.72 - lowest among metro cities - and in Mumbai it is at ₹106.31 - highest among Indian metro cities.Meanwhile, diesel price in Delhi were unchanged at ₹89.62 on October 12 and in Mumbai at ₹94.27. Track fuel prices data for different cities on Mint here.Fuel prices in India are influenced by many factors, the biggest of them all being the price of Crude Oil in the international market.
12.10 / 06:19
Citi Citizens Manufacturing WhatsApp President reports How Israel's iron dome resisted against Hamas rockets| WATCH
Also Read: Israel-Hamas War LIVE Updates: Joe Biden issues warning to Iran on Gaza situation, says 'Be Careful' However, when Hamas launched its unexpected attack on Saturday, the Iron Dome system proved ineffective in dealing with the overwhelming rocket onslaught. In a span of just 20 minutes, Hamas launched a staggering 5,000 rockets from the Gaza Strip towards Israel. Also Read: Did Hamas behead citizens and children in Israel? President Biden has this to say The "Iron Dome" constitutes a ground-to-air, short-range air defence system designed to intercept and neutralize incoming missiles, rockets, and Unmanned Aerial Vehicles (UAVs) by destroying them in mid-air.
12.10 / 06:15
Citi Digital Parke reports park China’s Shenzhen Launches Digital Yuan Industrial Park
A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”
12.10 / 06:11
UPS Citi Target film country Emotions high in Montreal between Israeli, Palestinian supporters, with some lashing out
Note to readers: This content could be disturbing to some.
12.10 / 03:59
UPS Citi Provident Waters reports gatherings Chhath Puja preparations on, Delhi govt to set up over 1,000 ghats in city
'Chhath Puja' festival to avoid any inconvenience to the devotees and mismanagement at the last moment. "Chhath Puja festival is associated with the faith of lakhs of people, and the Kejriwal government is determined to ensure that no inconvenience is caused to the devotees while worshipping.
12.10 / 03:17
Citi MET President stage 2020 reports gatherings Leak Finland police investigate undersea gas pipeline leak as possible sabotage
Finnish police say they have launched a criminal investigation into possible sabotage of an undersea gas pipeline between Finland and Estonia that was shut down over the weekend following a leak
12.10 / 02:49
Citi Target Shell country voice reports More than 338,000 people displaced in Gaza: UN
Gaza Strip, the United Nations said, as heavy Israeli bombardments continue to hit the Palestinian enclave. «Mass displacement across the Gaza Strip continues,» the UN humanitarian agency OCHA said in a statement sent on Thursday. By late Wednesday, the number of displaced people in Gaza had risen by an additional 75,000 people from the figure given 24 hours earlier, reaching 338,934, it said. The announcement came as Israel pounded Hamas targets in the Gaza Strip — a densely populated enclave of 2.3 million people — in response to the militants' surprise Saturday attack. Israeli forces said 1,200 people, most of them civilians, were killed in the onslaught — the worst in the country's history. In Gaza, officials reported more than 1,000 people have been killed in Israel's sustained campaign of air and artillery strikes. OCHA said nearly 220,000 people, or two-thirds of the displaced people, have sought shelter in schools run by the UN agency supporting Palestinian refugees, UNRWA. Another nearly 15,000 people fled to schools run by the Palestinian Authority, while more than 100,000 were being sheltered by relatives, neighbours and a church and other facilities in Gaza City. OCHA said that around 3,000 people had already been displaced within the enclave prior to Saturday's attack. The bombing campaign has destroyed or rendered uninhabitable at least 2,540 housing units in Gaza, OCHA said, citing numbers from the Gaza Ministry of Public Works and Housing.
11.10 / 22:54
COST UPS Citi Ford CEO Samsung Stellantis picks Kokomo, Indiana, for its second US battery venture with Samsung SDI
Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs
11.10 / 22:53
UPS Citi Death President Actor show bass Memorial honors 1911 Triangle Shirtwaist factory fire deaths that galvanized US labor movement
The victims and legacy of the 1911 Triangle Shirtwaist factory fire are being remembered with a new memorial
11.10 / 22:53
Citi Ford Manufacturing Assurant President reports Detroit automakers and union leaders spar over 4,800 layoffs at non-striking factories
Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks
11.10 / 22:53
Citi Target Waters country electronic reports medicines Dominican Republic has partially reopened its border with Haiti. But a diplomatic crisis persists
The Dominican Republic has partially reopened its border with Haiti to limited commercial activity nearly a month after shuttering the frontier amid an ongoing spat over construction of a canal targeting water from a shared river
11.10 / 22:53
COST UPS Citi Ford CEO Samsung Stellantis to build 2nd EV battery factory in Kokomo, Indiana
Jeep maker Stellantis says it will build a second electric vehicle battery factory in Kokomo, Indiana, that will create 1,400 new jobs
11.10 / 22:53
Citi Target economy President country prevention Belgium's prime minister says his country supports a ban on Russian diamonds as part of sanctions
Belgium’s prime minister says his country, which has the biggest interest in the global diamond trade in the European Union, is supporting a ban on Russian diamonds as part of sanctions targeting President Vladimir Putin’s government for its war agains...
11.10 / 18:31
Citi Fallout President shootings country A fissured land: Israel, Palestine and Hamas
What is the genesis of this crisis? It’s an incendiary mix of politics, religion and economics. Modern Palestine was populated with Jews from the global diaspora—a British imperial drive—in 1948. Around 750,000 Palestinians were expelled as Jews captured 78% of the land.
11.10 / 18:31
Citi Manufacturing economy Dreams Parke Tesla Mercantile open ‘Gujarat administration has kept communication channels open with Tesla’
NEW DELHI : The Gujarat administration has kept communication channels open with Tesla Inc. to support the US company’s plans in India, Gujarat chief minister Bhupendra Patel said in an email interview. The chief minister said the state has set the goal of raising its contribution to the nation’s economic output from a little over 8% now to 10% by 2026-27, by which time it hopes to become a $500 billion economy.
11.10 / 17:17
UPS Citi Parke Metro cover recommendations How should I meet my goals for a house, an emergency fund?
My wife and I are both 34 years old and live with my parents in a flat in our native town. We had taken a joint home loan of ₹30 lakh to buy the flat for my parents. The loan was for a tenure of 30 years and the EMI (equated monthly instalment) was ₹25,000. We used our emergency fund and repaid the loan in four years. We draw a net salary of ₹1.2 lakh each, every month. Both of us invest ₹3,000 separately for our daughter’s education and our retirement. We will be rebuilding the emergency fund in six months, but are looking for good investment options to park this fund. Next year, we will be shifting to a rented accommodation in a metro city as we return to office. How can we build a corpus of ₹1 crore to buy another house in a metro city in 10-15 years? —Name withheld on request For accumulating emergency funds, we would suggest you to invest in liquid or ultra short mutual fund schemes.
11.10 / 17:17
Citi Target Reuters Citizens Airlines Sky News reports evacuation British Airways suspends flights to Tel Aviv due to security concerns in Israel
Reuters. BA Flight 165 on its final descent into Tel Aviv’s Ben Gurion airport was diverted back to Heathrow airport after the pilot didn’t felt safe enough to land as there were sirens going off. “Safety is always our highest priority and we've taken the decision to return our Tel Aviv flight to Heathrow," the Reuters report quoted a spokesperson for British Airways as saying.
11.10 / 17:17
Citi WhatsApp International Option Gift City: Best option for succession planning, international family office?
Rohit Jain is managing Partner and Roopal Bajaj is leader- funds, Singhania & Co. "Exciting news! Mint is now on WhatsApp Channels
11.10 / 15:39
Citi Target CEO performer stage reports prevention analyst Texas Instruments margins in for a squeeze; Silk Road walloped: 5 big analyst cuts
Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Texas Instruments, Silk Road Medical, HubSpot, 89bio, and Arista Networks.
11.10 / 15:07
UPS Citi Southern pandemic President Experts country World Bank needs to get 'better', 'bigger': President Ajay Banga
World Bank's new president, Ajay Banga, said Wednesday that the global lender must become «better» and «bigger» to boost its capacity to help developing countries battle climate change, poverty and pandemics. Banga, who was appointed in June, made his plea at the annual meetings of the IMF and World Bank in the southern Moroccan city of Marrakesh where reform of the Washington-based institutions is a major agenda item. The former CEO of Mastercard has previously vowed to «fix the plumbing» at the bank, saying it was «dysfunctional» despite a dedicated staff. Banga said at a press conference on Wednesday that a «deep cultural change» is needed at an «institution that has a proud history and done an amazing job over the last 78 years.» He noted that countries have to deal with various departments and that it can take 27 months between the time a project is discussed and is finally approved. «The idea of a better bank is a bank that works better with itself, is more efficient in its own processes,» Banga said. The Indian-born, naturalised US citizen has vowed to made climate change a top priority after he took over from David Malpass, a former US Treasury official who stepped down early from his five-year term amid questions about his stance on the issue. Banga wants to redefine the vision of the bank towards «eradicating poverty on a liveable planet». He said poverty, pandemics and climate change were «almost like a perfect storm» that can no longer be treated separately. Oscar Soria, campaign director for the non-profit Avaaz, said the IMF and World Bank are not moving fast enough. «While changes are promised, they are too incremental, timid and slow,» Soria told AFP, adding that countries hit by several crises

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