Citi Financial News
15.09 / 12:23
Citi
Provident
Google
country
How Jamtara scamsters pocketed Rs 1.5 lakh everyday through credit card frauds
cybercrime hotspot, Jamtara, was reportedly pocketing between Rs 1 lakh and Rs 1.5 lakh daily through credit card frauds. As per a TOI report, the disclosure of their daily earnings emerged during the initial interrogation of three individuals apprehended by police. The law enforcement authorities revealed that the arrest of cyber criminals Sanjay Mandal, Vikas alias Vicky Vinod Shukla, and Momu Zamil alias Mujju Ayub Malek led to the resolution of three cybercrime cases registered in Gujarat, Punjab, and Telangana.
15.09 / 11:43
COST
Citi
country
Pakistan struggles to pay salaries to overseas diplomatic staff due to dollar shortage
According to the report, Pakistan's finance ministry has cited the exhaustion of the country's foreign exchange reserves as the reason for being unable to release salaries, extending the financial strain into September. This situation poses a significant challenge to officials working in costly cities like Washington, DC, and Hong Kong, as well as Singapore, as they face the prospect of going without salaries for yet another month. Top officials have confirmed, «The press attaches working in Washington, DC, and Hong Kong, as well as the press counsellor deputed in Singapore, continue to live without salary since June.» This is not the first time that Pakistan, facing financial constraints, has encountered difficulties in disbursing salaries.
15.09 / 11:43
Citi
Provident
Digital
Platform
Strategy
IKEA
EBITDA
Homedecor startup Livspace revenue rises 85% in FY23, Ebitda loss narrows
Livspace said its revenue for FY23 jumped 85% to Rs 1,147 crore, even as its losses narrowed. The company said it has cut down its Ebitda (earnings before interest, tax, depreciation and amortisation) loss in India to half. The Singapore-headquartered company, which is valued at $1.2 billion, reported Ebitda before Esops of Rs 581 crore.
15.09 / 11:33
15.09 / 11:09
COST
UPS
Citi
country
Wielding chainsaw and huge dollar bill, Argentine radical taps into voter fury
By Horacio Soria and Juan Bustamante
15.09 / 11:09
15.09 / 11:03
UPS
Citi
Abu Dhabi royal launches $50B global investment fund
Chimera Investment LLC, part of a business empire overseen by Abu Dhabi’s Sheikh Tahnoon bin Zayed Al Nahyan, set up a $50 billion fund, adding to the plethora of sovereign and state-linked funds in the oil-rich emirate.
15.09 / 10:39
COST
UPS
Citi
show
Russia Struggles to Contain Resurgent Inflation
Inflation in the West has passed its peak. But in Russia, price rises have gained a second wind, bedeviled authorities and brought the consequences of Moscow’s war in Ukraine closer to home. The increase in prices for food and other basic goods has accelerated and some Russians have abandoned vacations abroad.
15.09 / 10:39
Citi
Target
country
exclusive
'8280 Electric Buses By 2025...': CM Kejriwal | Delhi's EV Plans To Leave London, Paris Behind
With 400 new electric buses flagged off by Delhi C... moreWith 400 new electric buses flagged off by Delhi Chief Minister Arvind Kejriwal and LG VK Saxena from the IP State Depot on 5th September, Delhi is now ranked number 1 in the country in terms of deploying electric buses in the city.
15.09 / 10:39
UPS
Citi
BLOCK
Strategy
Is Your Home Office Layout Sabotaging Your Productivity?
NICOLE PANKOPP, a former engineer turned DIY-renovation blogger in Denver, sweated designing her home office. “It’s a very functional space, and you don’t want to mess that up," she said. Beyond practicalities, notes Charleston, S.C., designer Jacob Laws, aesthetics count.
15.09 / 10:39
Citi
Digital
Southern
Fulton
exclusive
Atlanta News Outlet Aims for Half a Million Digital Subscribers in Under Four Years
The new leader of the Atlanta Journal-Constitution wants to increase the publication’s digital subscribers more than eightfold by the end of 2026, an ambitious goal he aims to reach through expanded local-news coverage and new products. “In the last 5-10 years, we’ve just focused on Atlanta," said Andrew Morse, a former CNN digital executive who took over as the Atlanta Journal-Constitution’s new president and publisher in January.
15.09 / 09:51
Citi
Flushing
Shell
Anantnag encounter: Operation continues for Day 3, one soldier missing; drones employed to flush out terrorists
Kashmir's Anantnag district for the third day on Friday to flush out the ultras. According to reports, one soldier still remains missing.
15.09 / 09:51
Citi
Lowe's
Platform
Strategy
EBITDA
Livspace posts strong revenue growth in FY23; Ebitda loss narrows
₹1,100 crore," Livspace chief strategy officer Ankit Shah said in an interaction. Shah said that business expansion, investment in branding and experience centres, and improving supply chain helped the company achieve high growth in the fiscal year. Livspace, which was present in six to seven cities by the end of March 2021, was operating in 45-50 cities by the end of FY23.
15.09 / 09:51
UPS
Citi
Art
Digital
Nintendo
electronic
Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such as “Pokémon" for promoting blasphemy, violence and laziness. Now, Saudi Arabia is pouring $40 billion into a bid to become a world leader in a videogame industry beloved by its booming youth population.
15.09 / 09:15
UPS
Citi
Extreme
track
country
end
Climate protesters around the world are calling for an end to fossils fuels as the Earth heats up
climate activists around the world are set to march, chant and protest Friday to call for an end to the burning of planet-warming fossil fuels as the globe suffers dramatic weather extremes and record-breaking heat. The strike — driven by several mostly youth-led, local and global climate groups and organizations, including Greta Thunberg's Fridays for Future movement — will take place in dozens of countries and in hundreds of cities worldwide and continue through the weekend. A week before the planned protest, the United Nations warned that countries are way off track to curb warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times, as agreed in Paris in 2015.
15.09 / 08:57
COST
Citi
Remark
Metro
Highways
Marvell
trumpeter
Dwarka Expressway: Redefining NCR’s real estate landscape
The Dwarka Expressway, christened as India’s First Eight-Lane Elevated Urban Expressway on a Single Pillar, known alternatively as the Northern Peripheral Road (NPR) and National Highway NH 248BB, stands as a transformative force poised to reshape the National Capital Region (NCR) of India. Stretching across 29 kilometers, this monumental project spans 19 kilometers in Haryana and 10 kilometers in Delhi, meticulously crafted to redefine regional connectivity and establish a new benchmark for cost-efficiency in large-scale infrastructure endeavors.
15.09 / 08:57
UPS
Citi
Maxim
Aware
Moodys
exclusive
Riveting interior designs to transfigure luxury real estate’s aesthetic appeal: Karishma Trehan
Interior design has experienced significant growth and mainstream acceptance in recent years. The demand for professional interior design services continues to rise, and the industry is poised for further expansion as people increasingly prioritize well-designed living and working spaces, says Karishma Trehan, Director, Karishma Trehan Designs.
15.09 / 08:57
Citi
Provident
Lowe's
Aware
Gap
audience
Consumption
Consumption unleashed with Credit line on UPI
The recent launch of ‘Credit line on UPI’ by NPCI is a pivotal point in India’s credit journey, one that will give rise to several fintechs. In essence, Credit line on UPI is set to become what Debit Card EMI aspired to be, and more.
15.09 / 08:57
Citi
Waters
SEC
Entertainment
Adore Group to develop Rs 1000-cr Greek-styled housing project in Gurugram
NCR-based Adore Group is planning to develop a new luxury project in sector 77 Gurugram. Named ‘The Select Premia’, the premium offering from Adore will be based on state-of-the-art Greek architecture, giving an awe-inspiring lifestyle to the residents. Designed by Hafeez Contractor, the project will be spread across a verdant 10.2-acre land parcel and be officially launched during Diwali.
15.09 / 08:57
COST
Citi
Progressive
Remark
track
Gurgaon’s tallest troubled luxury project back on track
In a remarkable turnaround story, Tulip Infratech, a real estate company headquartered in Gurgaon, has been making headlines for its exceptional progress on the transformative Tulip Monsella project, known as one of the tallest residential projects in the millennium city.
15.09 / 08:39
UPS
Citi
Merit
hearing
bail
Delhi excise policy case: SC defers hearing on bail pleas of Manish Sisodia to 4 October
PTI. Additional Solicitor General SV Raju agreed to his submission. Singhvi, appearing for Sisodia also alleged that whenever this case or Satyendar Jain's case comes up, there is a newspaper article on the merits of the case.
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