Citi Financial News

14.09 / 05:49
UPS Citi Progressive Platform Action Assurant Indian Outrage in US over death of Indian student; US assures prompt action and investigation
Biden administration has assured the Indian government of a quick investigation into the death of Indian student Jaahnavi Kandula in Seattle after being struck by a speeding police patrol car and bringing to justice the police officers who were responsible for it. The US government swung into action after India's Ambassador to the US, Taranjit Singh Sandhu, strongly raised the issue at the highest level in Washington and sought prompt action on the killing of Kandula, and the highly insensitive behaviour of the police officer in Seattle in Washington state. Kandula was killed in January after she was struck by a police vehicle driven by Officer Kevin Dave.
14.09 / 05:49
Citi Fighting Discover DISH Mumbai Mumbai's famous Bademiya eatery shut down after cockroaches and rats found in kitchen
Mumbai eatery after a dead rat was found in a dish, the Maharashtra Food and Drugs Administration (FDA) has reportedly closed another renowned hotel in the city after cockroaches and rats were found in its kitchen during a raid. FDA officials raided the popular kebab establishment in Mumbai, Bademiya, following a series of complaints regarding hygiene standards at the 76-year-old eatery. During the inspection, FDA officials allegedly unearthed distressing evidence of cockroaches and rats infesting the restaurant's kitchen. Reportedly, the eatery does not have even an official licence issued by the Food Safety & Standards Authority of India (FSSAI). The restaurant owner, in response, acknowledged the absence of an FSSAI licence but asserted that all other necessary permits were in place. They further mentioned that the process of obtaining the missing license from the authority was already underway. «The license until Covid lockdown has been renewed, and for the latter period, we have applied for our license,» the owner told India Today.
14.09 / 04:55
Citi DNA stage country social Alien fraud! Mexico's Congress debunks 1,000 year old extraterrestrial claims
Lawmakers gathered in Mexico City to listen to testimonies from researchers representing Mexico, the United States, Japan, and Brazil, all proposing the intriguing possibility of extraterrestrial life. This event mirrored a similar one in the US Congress just two months prior when a former US Air Force intelligence officer claimed knowledge of «non-human» activity dating back to the 1930s. One of the focal points of this session was Mexican journalist Jose Jaime Maussan, who presented two boxes containing what he and others believed to be «non-human beings unrelated to our terrestrial evolution.» These desiccated, shrunken bodies with warped heads left those in the chamber astonished, sparking a surge of social media activity. Maussan emphasized the significance of DNA analysis, stating, «It's the queen of all evidence.» However, he refrained from categorizing them as «extraterrestrials» at this stage. These enigmatic bodies purportedly date back to 2017 and were found deep underground in the Nazca desert of Peru, famous for its colossal, mysterious geoglyphs.
14.09 / 04:55
UPS Citi Winter Olympics show country Sporting end North Korea set to end years-long sporting isolation at Asian Games
North Korea has 191 athletes signed up for the Asian Games starting next week, according to organisers, suggesting the country is poised to end its more than three-year isolation from the global sporting arena. North Koreans are listed on the Games' website for accredited media to compete in the Chinese city of Hangzhou in sports including athletics, gymnastics, basketball, football, boxing and weightlifting. North Koreans were similarly down to compete at a weightlifting tournament in Cuba in June, but they failed to show. North Korea closed its already tight borders in early 2020 following the outbreak of the pandemic and skipped the Tokyo Olympics, which were pushed back to 2021 because of Covid. It was then banned by the International Olympic Committee from the 2022 Beijing Winter Olympics for failing to take part in Tokyo. There have been recent signs that the border restrictions have been eased slightly, with a taekwondo team allowed to travel to a competition last month in Kazakhstan. Prior to that, North Korea had not sent any of its domestic athletes to overseas competitions since the pandemic. The sporting action at the Games in Hangzhou starts on September 19, four days before the opening ceremony, with North Korea scheduled to face Taiwan in men's football that day. Leader Kim Jong Un is said to be an avid sports fan and Games hosts China are North Korea's longtime ally and main economic benefactor. North Korea has traditionally been especially strong in weightlifting, dominating the event at the Jakarta Asian Games in 2018 with eight golds. Ri Song Gum and Rim Un Sim, who both won gold in the women's weightlifting five years ago, are scheduled to appear in Hangzhou. But North Korea has also been among the
14.09 / 04:33
Citi Target Booking Strategy Yellow Indian Gold Prices Gold Rate Today: Gold prices in India slip on US inflation uptick. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
However the losses were capped on account of slippages in dollar index (DXY) which was hovering around 104.69 against a basket of six top global currencies, down by 0.07%. The MCX October gold futures were trading down by Rs 45 or 0.08% from the Wednesday's closing price at Rs 58,548 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,160 per kg, higher by Rs 259 or 0.61%. On Comex, Gold futures were trading at $1,934 per troy ounce on Thursday, down by $1.10 or 0.06% while Silver futures were at $23.215, higher by $0.187 or 0.800%. The October Gold futures had ended with declines of Rs 31 or 0.05% per 10 gram at Rs 58595 on Wednesday while the December Silver futures closed lower at Rs 71,410, down by Rs 524 per kg or 0.73%. Amit Khare Associate Vice President at Ganganagar Commodity Limited (GCL) Broking sees bullions making bottom on the daily charts and trading near demand zone with momentum indicator RSI indicating the same. His advice to investors is to make fresh buy positions in gold and silver futures near the support level of Rs Rs 58,500-58,300 while recommending profit booking near the resistance level of Rs 58,800-59,000. Gold futures are down 1.32% or by Rs 781 on the month-to-date basis while they have gained 6.50% or by Rs 3,576 on the year-to-date basis, Anuj Gupta, Head Commodity & Currency at HDFC Securities, of HDFC Securities told ETMarkets. As for silver futures, the declines are to the tune of 5.63% or Rs 4,263 in September while the gains this year stand at 2.89% or Rs 2,006, he said. The physical price of gold in top Indian cities like Delhi and Ahmedabad is around Rs 59,700 per 10 gram while Rs 72,500 for silver.Click to know more Intraday Trading Strategy by Anuj
14.09 / 04:33
Citi Lowe's Silver Gold and silver prices for today—September 14. Check latest rates in your city
₹58,550 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,557, and a low of ₹58,527. Around 9.30 a.m., MCX Gold for October 5 delivery traded 0.10 per cent lower at ₹58534 per 10 grams.
14.09 / 04:33
COST Citi MET Align Metro Dwarka Expressway corridor could become NCR's Manhattan
Dwarka Expressway corridor may soon boast of some of the tallest buildings in the National Capital Region, as the Haryana government is granting an extra floor area ratio (FAR) to promote real estate development along the under-construction expressway. The Haryana government is introducing a new metro line along the expressway, enabling developers to expand under the Transit-Oriented Development policy even as there are height restrictions for buildings elsewhere in the NCR. State government officials have also met with developers in Mumbai and Bengaluru to showcase the development opportunities along the Dwarka Expressway. «Due to the metro line and upcoming global city planned by the Haryana government, the developers on the Dwarka Expressway can plan vertical development, which is not possible in the majority of the NCR. In coming years, we will see the development of utilising the policy benefits for high-rises,» said Mudassir Zaidi, executive director, North at real estate consultancy Knight Frank India. Any building with a height of more than 150 metres meets the tall-building classification.
14.09 / 04:31
UPS Citi Cooper Enterprise China to formulate 'special' measures to widen Taiwan's access to Fujian
BEIJING (Reuters) -China will take a number of «special» policy measures to improve access for Taiwanese enterprises to Fujian province across the Taiwan Strait, the Chinese state planner said on Thursday, under a long-term cross-strait integrated development plan.
14.09 / 03:45
UPS Citi Provident Immunic show New study finds urban living increases risk of respiratory infections among young children
Young children growing up in towns and cities suffer from more respiratory infections than those who live in rural areas, according to a study.
13.09 / 20:07
Citi Progressive Platform Apple band show classical The Changeling: See storyline, release schedule, streaming platform and more
The Changeling is a new fantasy drama on Apple TV+. The show seems to be gathering attention from the viewers lately.
13.09 / 19:51
UPS Citi Manufacturing Strategy country GE Health plans mfg hub in India
NEW DELHI : Medical technology giant GE HealthCare plans to scale up manufacturing in India and has chosen the country as part of its strategy to diversify beyond China, a top executive said. An official announcement on the manufacturing boost is expected soon. “India for India makes sense.
13.09 / 19:25
Citi Provident Action PwC Discover awards Uni scraps PwC contract over Scyne concerns
Edith Cowan University has moved to terminate a contract with PwC to manage its $853 million campus project in Perth amid concerns the work was scheduled to be moved to the big-four firm’s public sector consulting spin-off, Scyne.
13.09 / 19:25
COST Citi Waters Ford Racing Big law follows private sector into space race
One of the world’s largest law firms is launching a dedicated space law practice, as the clamour to counsel the booming exploration industry intensifies.
13.09 / 18:27
Citi Provident FIVE Extreme show Inside Artificial Wombs for Premature Babies Are a Step Closer to Reality
The first artificial womb to gestate a human baby is fast approaching reality. Food and Drug Administration regulators will weigh next week how scientists should conduct the first human tests of bag-like wombs, meant to nurture babies born so premature that modern medicine struggles to keep them healthy. The agency plans to meet with outside advisers and discuss behind closed doors what the agency called “confidential commercial information," citing a federal law that allows nonpublic meetings to discuss trade secrets.
13.09 / 18:19
COST Citi country Assam CM with Conrad Sangma inaugurates Karbi Bhawan in Shillong
border issues between Assam and Meghalaya. Sarma, along with his Meghalaya counterpart Conrad Sangma, inaugurated a Karbi Hemtun, or Karbi Bhawan, built at a cost of Rs 21.5 crore by the Karbi Anglong Autonomous Council, in the Meghalaya capital of Shillong on Wednesday. The duo also took part in the foundation stone laying ceremony for the construction of a 100-bedded Karbi students' hostel cum commercial complex, with a project cost of approximately Rs 22 crore, in the pine city. Sarma exuded confidence the newly inaugurated Karbi Hemtun in Shillong would be of great help for residents of Karbi Anglong district of Assam visiting the pine city for various purposes. Further, with the laying of foundation stone for the construction of the 100-bedded students' hostel today, a long step has been taken towards finding a solution to scarcity of suitable accommodation for students from Karbi Anglong pursuing their academic courses in Shillong, one of the most sought-after destinations for higher studies in the Northeastern region. Sarma also expressed hope the commercial complex in the hostel premises would help strengthen the financial health of the Karbi Anglong Autonomous Council.
13.09 / 18:19
Citi Citizens awards Portal Haryana CM launches new e-Bhoomi Portal to further ease land purchase process for govt projects
Haryana Chief Minister Manohar Lal Khattar on Wednesday launched the new e-Bhoomi portal to further ease the process of purchasing land for government projects with the land owners' consent. The government aims to purchase land in a transparent manner with the consent of the landowners, Khattar said. Now, apart from farmers, aggregators will also be able to offer land on this portal, he added. The aggregator must be an income taxpayer and must have a Parivar Pehchan Patra family ID, the chief minister said. The offer of land on the new portal would be valid for six months.
13.09 / 17:35
UPS Citi Provident ETF Govt exempts ETFs from capital gains at GIFT
New Delhi: The government has exempted units of investment trusts and exchange traded funds (ETFs) issued by entities based in GIFT City or traded in exchanges there from capital gains tax. The Central Board of Direct Taxes (CBDT) notified the exemption from capital gains tax any unit of investment trust; a unit of a scheme; and a unit of an ETF launched under the International Financial Services Centres Authority (Fund Management) Regulations, 2022.
13.09 / 16:17
Citi Citizens Action Southern country Baltic states ban vehicles with Russian license plates in line with EU sanctions interpretation
Estonia, Latvia and Lithuania have banned vehicles with Russian license plates from entering their territory as part of the European Union’s recent new interpretation of sanctions against Moscow over its war on Ukraine
13.09 / 16:17
UPS Citi Southern RAI country A flotilla of migrant boats from Tunisia overwhelms an Italian island and tests Meloni's policy
A flotilla of flimsy boats, crowded with migrants and launched from Tunisia is overwhelming a tiny Italian island south of Sicily
13.09 / 16:17
UPS Citi Aware Platform week Online bets on NFL games surged in Week 1 as legal sports betting continues to grow
Here's more proof of how fast legal sports betting is spreading in the U.S. A company that most of the industry uses to verify that its customers are where they say they are reports a record number of transactions over the first weekend of the NFL season

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