Citi Financial News

22.09 / 08:09
COST Citi Fighting economy show German housing prices show sharpest drop since 2000 y/y
real estate in Germany fell further in the second quarter, data by the federal statistics office showed on Friday, as high interest rates took toll on the real estate market in Europe's biggest economy. Residential property prices fell by 9.9% year-on-year, the strongest decline since the start of the data collection in 2000.
22.09 / 07:19
COST UPS Citi show 2020 Warmer El Nino will boost insurer profits
The warmer El Nino summer will help the country’s largest insurers keep a lid on catastrophe costs after severe storm events cost some $10.5 billion in damage over the past three years during an extended La Nina pattern.
22.09 / 06:45
Citi Digital Platform Mobile Omni electronic blues network ONDC enables Network Gift Card for corporate gifting
ONDC) has enabled a network-level gift card — “ONDC Network Gift Card” — that companies can use for corporate gifting and employee engagement ahead of the upcoming festive season. Gift cards can be loaded for a maximum amount of Rs 10,000 and are powered by the Rupay Network.
22.09 / 06:13
Citi Digital Citizens Platform Action WhatsApp information Delhi CM Arvind Kejriwal launches personal WhatsApp channel for direct citizen engagement
Delhi Chief Minister Arvind Kejriwal has embraced a new digital avenue to connect directly with the people of the city. His personal WhatsApp channel went live on Friday, shortly after the launch of the Delhi Chief Minister's Office (CMO) WhatsApp channel earlier this week. The move underscores the Delhi government's commitment to establishing a more «personal connection» with its citizens, as stated by the Chief Minister's Office (CMO).
22.09 / 06:13
Citi Fighting country Inside information reports testing Inside the global Khalistani alphabet soup: Outfits, leaders and operations
Canada — which is slowly turning into another Pakistan for India by giving a free space to Khalistanis. These organisations carry out propaganda, terror strikes and murders. Many of these are deeply linked to drug and human-trafficking cartels and various criminal gangs. Sitting in Canada, they can dictate crime in India through Indian operatives with total impunity, since the Canadian government does not act against them on the pretext of allowing «freedom of expression» Below are some of the Khalistani organisations active in Canada:Babar Khalsa International (BKI) Babar Khalsa International (BKI) is the most dreaded, most organised and the oldest Khalistani terror organisation. It survived the wiping out of the Khalistani terror in Punjab in the early nineties. The BKI styled itself after the Babbar Akali Movement of 1920 which was against the British colonial rule. It originated from the 1978 clashes between the militant Sikhs led by Jarnail Singh Bhindranwala and the Nirankaris, a sect considered heretical by radical Sikhs. Its founders were Sukhdev Singh Babbar and Talwinder Singh Parmar. In 1981, BKI spun off an oversear faction led by Parmar in Canada.
22.09 / 05:35
Citi Manufacturing show Supreme Court supports Delhi govt's ban on ‘green firecrackers’, says ‘no production, or sale’
In a show of support to Delhi government's ban on use of firecrackers, Supreme Court refused to interfere in to the matter. It also rejected plea seeking the manufacture and use of firecrackers using barium.
22.09 / 05:07
Citi Provident FIVE President Battlefield country hospital Joe Biden hosts Zelenskyy at White House; announces new military aid package for Ukraine
Ukraine, President Joe Biden has announced as he hosted his Ukrainian counterpart Volodymyr Zelenskyy at the White House and vowed to defend the war-struck country from Russian aggression. The White House meeting on Thursday was the sixth in-person meeting between the two leaders. «Mr.
22.09 / 04:19
Citi Provident Death hospital information reports Department Class 9 student in Lucknow dies of suspected heart attack in school
In a tragic incident, a student of Class 9 in Lucknow died after he collapsed in his classroom due to suspected heart attack during lecture. Atif Siddiqui, 14, was a Class 9 student of City Montessori School in Lucknow's Aliganj.
22.09 / 04:19
Citi Lowe's recommendations Silver Gold and silver prices for today—September 22. Check latest rates in your city
₹58,730 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,778, and a low of ₹58,729. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.08 per cent lower at ₹58776 per 10 grams.
22.09 / 03:45
Citi FIVE BLOCK Career CEO Airlines reports Stocks to Watch: Glenmark, Samhi Hotels, Zaggle, Wipro, ICICI Lombard
Glenmark Lifescience/Glenmark Pharma: Nirma Ltd has agreed to buy 75% of Glenmark Life Sciences Ltd for ₹5,651.5 crore in a deal that values the latter at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole bidder for the stake put on the block by parent Glenmark Pharmaceuticals Ltd, which is selling shares to Nirma at ₹615 apiece. Glenmark Pharma will continue to own 7.84% of Glenmark Life Sciences.
22.09 / 01:55
Blockchain Citi Digital Platform reports South Korean’s Busan to Launch Digital Assets Trading Platform ‘This Year’
The South Korean city of Busan says it will launch a long-awaited blockchain-powered digital assets trading platform before the year is over.
22.09 / 01:03
COST Citi IPO Strategy performer Evaluate Manoj Vaibhav post listing, and then take a call
Manoj Vaibhav Gems 'N' Jewellers (MVGNJL) is a hyperlocal jewellery retail chain with 13 showrooms in Andhra Pradesh and Telangana. Proceeds from the IPO are going to be used towards capex and inventory costs of eight new showrooms.
21.09 / 21:35
Citi MET Reuters country exclusive reports Mexico must address US' 'serious concerns' over energy measures, USTR says
MEXICO CITY (Reuters) -A U.S. trade official stressed Mexico's need to address «serious concerns» from the United States of its energy measures, which were raised during consultations under a regional trade pact, the U.S. Trade Representative's (USTR) office said on Thursday.
21.09 / 19:27
Citi Target Progressive Manufacturing Platform Harley-Davidson performer Premium Commuter motorcycles to premium rides: Global brands lead the way
Bajaj Auto and Hero MotoCorp have ventured into the 400cc-500cc range with Triumph and Harley-Davidson branding, respectively. TVS Motor Company is also a contract manufacturer for BMW’s highly popular G310R.
21.09 / 19:27
COST UPS Citi FIVE BLOCK HDFC AMC gets RBI approval to raise stakes in five pvt banks
MUMBAI : HDFC Asset Management Co. Ltd, or HDFC AMC, has secured the Reserve Bank of India’s (RBI’s) approval to raise its stake to 9.5% in five private lenders, signalling growing investor interest in private lenders and a potential bullish trend. India’s third-largest asset manager was granted regulatory approval to raise stakes in Karur Vysya Bank Ltd, DCB Bank Ltd, Equitas Small Finance Bank Ltd, Federal Bank Ltd, and City Union Bank, the lenders said in separate exchange fillings.
21.09 / 19:17
Citi show social rapper 2020 reports Nicki Minaj’s husband Kenneth Petty faces 120-day house arrest. Here’s what happened
Kenneth Petty, Nicki Minaj's spouse, is now serving 120 days of house detention for violating his probation terms. This violation stemmed from social media clips where he seemed to threaten rapper Offset. A court order filed recently in California's Central District directed Petty to undergo home monitoring due to recorded threats directed at a specific individual, identified as Offset. These threats were evident in social media posts made on September 16. Petty received a three-year probation sentence in July 2022 after admitting guilt for failing to register as a sex offender in California in 2020. His criminal history includes a 1995 conviction for first-degree attempted rape of a 16-year-old girl, resulting in a four-year prison term in New York. The viral video from September 16 showed Petty and his companions outside a New York City hotel, where Offset was reportedly staying. Amid various menacing remarks, Petty uttered, «Plan that vacation, you gonna be planning your funeral, pussy!» Offset, formerly part of the Migos rap group and Cardi B's husband, responded to the threats in a video on his social media platform. He downplayed the situation, saying, «I'm getting off a jet, he's funny,» and suggested that Petty was financially unstable. It's worth noting that Nicki Minaj and Cardi B have a history of feuding, culminating in a physical altercation at the Harper’s Bazaar Icons party during New York Fashion Week in September 2018. Videos from the event circulated widely on social media, depicting Cardi B lunging at Minaj and initiating an altercation.
21.09 / 19:17
UPS Citi show Inside information prevention NIA seeks info on 10 accused of attack on San Francisco consulate
National Investigation Agency on Thursday released pictures of 10 accused and sought information about them from the public. Once the perpetrators are identified, look out notices will be issued against them, said officials. According to the NIA, the case was registered after an attack on the Indian consulate in the US city during the intervening night of March 18-19 when some pro-Khalistan entities allegedly trespassed into the consulate and tried to burn it down. The same day, Khalistani supporters, raising slogans, had broken through the makeshift security barriers raised by the San Francisco Police and put up two so-called Khalistani flags on the consulate premises, damaged the building and assaulted and injured the officials, said an NIA in a statement. On the July 1-2 night, some accused persons trespassed into the consulate and attempted to set it on fire while officials were inside the building, it said. The NIA initiated a probe into the matter after registering a case on June 16 under various sections of the Indian Penal Code, Unlawful Activities (Prevention) Act and the Prevention of Damage to Public Property Act.
21.09 / 18:46
UPS Citi economy hospital reports travelers Travel demand between September-November 2023 to remain high
G20 Summit in Delhi in September 2023, which highlighted India’s tourism potential and the upcoming festive and event season. This includes the ICC Men’s Cricket World Cup as well as the upcoming Miss World event which is expected to be hosted in the capital in the period following the cricketing tournament. “There will also be sustained travel demand for both international and domestic sectors extending up to June next year on the back of the Indian General Elections.
21.09 / 18:45
Citi Pool Chevron ConocoPhillips Shell cover lawsuits Courts Can Climate Lawsuits Against Energy Giants Succeed? Courts Could Soon Give Clues
Lawsuits that aim to hold major players in the fossil-fuel industry responsible for climate change are entering a critical phase, as several state courts this fall are considering whether the cases can move forward. Several states including Delaware, Massachusetts, New Jersey and Rhode Island, and dozens of municipal governments, have accused the world’s largest energy companies of playing down the industry’s contributions to climate change. The lawsuits, some of which date to 2017, seek financial damages based on claims that range from public nuisance and negligence to consumer deception and racketeering.
21.09 / 18:24
UPS Citi Provident Southern Eagle country Department The US is allowing hundreds of thousands of Venezuelans in the country to work legally
The Biden administration says it’s granting temporary legal status to hundreds of thousands of Venezuelans already in the country
21.09 / 18:24
COST Citi Southern Death track testing travelers First private US passenger rail line in 100 years is about to link Miami and Orlando at high speed
For the first time in a century, a private passenger rail service will launch new operations in the U.S. and this time it involves high-speed trains

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