Citi Financial News
13.01 / 02:57
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Mahakumbh 2025 FAQs: From shahi snan dates to accomodation details, here is all you need to know
The Maha Kumbh is one of the largest and most significant religious congregations in the world, held every 12 years at one of four locations in India. The Mahakumbh 2025, which is Poorna Kumbh is taking place in Prayagraj, Uttar Pradesh, from January 13 to February 26, 2025.
13.01 / 02:55
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It’s a jubilee year in Italy. Cue the crowds.
Subscribe to enjoy similar stories. This may be the year to skip Rome—or Italy entirely. The Roman Catholic Church is celebrating a jubilee year, a roughly yearlong tradition dating to the early 14th century.
13.01 / 00:29
13.01 / 00:09
Citi
FIVE
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Mint Budget poll: Old or new tax regime? More jobs? More 80C relief? Here's the verdict
Subscribe to enjoy similar stories. In the run-up to the upcoming Union Budget, Mint conducted an online poll from 28 November and 30 December inviting its print and digital readers to share their views on how the government should approach the annual exercise. Should the Budget be populist? Is it time to relax income tax slabs? Should women and farmers get extra attention in the Budget? Those were among the questions we posed to our readers.
12.01 / 20:59
12.01 / 12:33
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Yulu Bikes eyes growth in non-metro towns with franchise model
shared mobility service provider Yulu Bikes is looking to increase its footprint in tier-2 and -3 cities through a franchise model. CEO Amit Gupta told ET that the company is shifting focus to non-metro regions to drive revenue growth. “Currently, we have a 45,000-strong vehicle fleet in the market, which we expect to cross 100,000 in this current year. Adopting a go-to-market strategy, we are looking at expanding our franchise business models with local who want to run Yulu service in their respective cities,” he said.
12.01 / 09:47
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Citi
Digital
Extreme
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Czech restaurant fire kills six people
«The fire spread extremely fast after a gas heater was probably knocked over,» the local fire service posted on X. The fire occurred in a restaurant at a housing estate in the city of Most, about 70 kilometres (45 miles) northwest of the capital Prague.
12.01 / 08:03
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evacuation
California wildfires: Los Angeles fire evacuees face price gouging
«The price gouging is going haywire, it's obscene,» the 50-year-old stylist told AFP. «I can't find anywhere for us to go.»
12.01 / 07:35
markets
Citi
Digital
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travelers
Traffic
Bengaluru no more the most congested city in India; This city tops the list
Kolkata has overtaken Bengaluru to become India's most congested city according to the 2024 TomTom Traffic Index. It is the world's second slowest moving city trailing only behind Barranquilla. Bengaluru and Pune follow at third and fourth spots, respectively. Dutch technology firm TomTom annually evaluates traffic conditions in major cities worldwide. Kolkata's average speed was 17.4 kmph, taking 34 minutes and 33 seconds to complete 10 kms. Bengaluru drivers took 34 minutes and 10 seconds to complete a similar journey. Commuters in Pune took 33 minutes and 22 seconds to travel 10 kms on an average.
12.01 / 05:11
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Updates
Mahakumbh 2025 LIVE Updates: Laser show inaugurated, special restaurant set up, security heightened in Prayagraj
Mahakumbh 2025 LIVE Updates: Preparations are in full swing in Prayagraj, as the Uttar Pradesh city is set to host the world's biggest religious event from January 13. Devotees on Sunday took a holy dip at Triveni Sangam in Prayagraj ahead of Maha Kumbh 2025.Meanwhile, Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a 45-minute laser show ahead of Maha Kumbh 2025. Security has been heightened to maintain law and order during the event.
12.01 / 02:27
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Citi
Provident
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Delhi braces for intense winter chill as IMD predicts rain
IMD has issued a warning of a wet spell in the city, with thunderstorms and hail expected later in the day. Visuals from India Gate showed near-zero visibility in the national capital, with people seeking refuge in night shelters in Safdarjung to escape the harsh weather.
12.01 / 01:47
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Citi
Racing
Eaton
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evacuation
Firefighters race to contain Los Angeles wildfires with menacing winds forecast to return
Firefighters raced Saturday to cut off spreading wildfires before potentially strong winds return that could push the flames toward the world famous J. Paul Getty Museum and the University of California, Los Angeles, while new evacuation warnings left more homeowners on edge. A fierce battle against the flames was underway in Mandeville Canyon, home to Arnold Schwarzenegger and other celebrities not far from the Pacific coast, where swooping helicopters dumped water as the blaze charged downhill. Firefighters on the ground used hoses in an attempt to beat back leaping flames as thick smoke blanketed the chaparral-covered hillside. At a briefing, CalFire Operations Chief Christian Litz said a main focus Saturday would be the Palisades Fire burning in the canyon area, not far from the UCLA campus.
11.01 / 17:55
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Booking
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Statue-tory warning: Fort's boy wonder is an Anomaly
So, when a statue does strike me as being, well, striking, I'm not only delighted, but also stand for minutes on end to admire such wonderful anomalies in stone. As I did recently when I was staying in the Fort area of Mumbai and chanced upon a figure reading a book on top of a cupola held up by a two-storeyed, many-pillared, intricately carved structure. Even in the busy gol chakkar of P D'Mello Road and Mint Road, with his pedestal crisscrossed by lawless electric lines and tres anar-chic pigeons trying their damndest best to make him look up from his book, the figure — on closer inspection, a boy — is unperturbed, utterly immersed. His right hand holds the book as if it's a Kindle. His left hand to his side is balled up in a fist as if reacting to a particularly riveting, or even disturbing, passage.
11.01 / 17:23
11.01 / 15:11
UPS
Citi
security
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Caseys
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prevention
New Orleans attack raises familiar debate: Can Bourbon Street be made safe?
As New Orleans seeks to recover from the deadly, Islamic State-inspired truck attack, law enforcement and community leaders are confronting an existential question as old as the city's famed entertainment district: Can Bourbon Street be protected in a ...
11.01 / 11:15
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‘Once Upon a Time in Bombay’: An exhibition that is a love letter to the city
Subscribe to enjoy similar stories. A series of paintings on showcase at DAG, Mumbai, showcase Bombay’s transformation from a colonial centre and a major port into the megapolis that we know as Mumbai today. Titled ‘Once Upon a Time in Bombay’, the exhibition, which opened as part of the Mumbai Gallery Weekend, chronicles the city’s evolving landscapes through the 19th and 20th centuries.
11.01 / 05:27
Hollywood
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Research
Experts
stage
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infection
Hollywood star Mel Gibson claims that his friends were cured of stage 4 cancer through two drugs used against worm infestation!
antiparasitic drugs, traditionally prescribed for infections caused by roundworms and other parasites, hold the key to combating cancer? Hollywood actor Mel Gibson appears to believe so. In a candid conversation on comedian Joe Rogan's podcast, the Braveheart star revealed that two of his close friends, who had been battling stage 4 cancer, experienced remarkable recoveries after using ivermectin and fenbendazole—drugs commonly employed to treat parasitic infections like roundworms and threadworms. Gibson went on to make a bold statement, claiming that all three friends who tried these medications «don’t have cancer right now.» He emphatically added, «This stuff works, man.» While these claims have sparked interest, experts urge caution, as scientific evidence supporting the use of these drugs for cancer treatment remains in its infancy. Some preliminary studies hint at potential benefits. For instance, ivermectin, when combined with other therapies, has been found to shrink tumors in early research, though such findings are yet to be validated by larger clinical trials. Similarly, fenbendazole—marketed under brand names such as Panacur and Safe-Guard—has shown promise in laboratory studies by halting the growth of certain aggressive cancer cells.
11.01 / 04:49
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Align
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Congnizant gives a different hike as IT co changes retirement age from 58
Cognizant has increased the retirement age for its employees in India from 58 to 60 years, bringing it in line with broader market practices, ToI reported. This change applies to all employees in the country, including those who have relocated on-site without a change in payroll. “This change aligns with common market practice and our commitment to attract and retain experienced talent,” the company stated in a memo reviewed by The Times of India. Most IT companies in India currently set their retirement age at 58, making Cognizant’s move a notable shift in policy aimed at leveraging experienced professionals in a competitive talent landscape. Speaking at an event in India, Cognizant CEO Ravi Kumar S shared with PTI the company’s vision for India’s role in its global operations. Ravi, who recently received the Pravasi Bharatiya Samman 2025 award from President Droupadi Murmu, highlighted India’s growing significance in the global technology landscape.
11.01 / 02:11
markets
Citi
ICE
Metro
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Schools
Powerful winter storm dumps heavy snow, causing flight delays, slick roads and school closings
Arkansas and North Carolina mobilized their National Guards for tasks such as helping stranded motorists, as governors in multiple states declared states of emergency. School was canceled for millions of children from Texas to Georgia and as far east as South Carolina. The storm piled up more than a year's worth of snowfall on some Southern cities. As much as a foot (about 31 centimeters) fell in parts of Arkansas. There were reports of nearly 10 inches (about 25 centimeters) in Little Rock, a city that averages 3.8 inches (9.7 centimeters) a year.
11.01 / 00:31
markets
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Manufacturing
Sustainability
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Domestic office market surges as India becomes hub for global occupiers
Subscribe to enjoy similar stories. India’s commercial real estate skyrocketed last year primarily on the back of swelling demand from global firms scouring the country for office spaces, according to reports by top property consultants.
10.01 / 20:23
markets
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reports
Malibu: Once dotted with gleaming beachfront villas, now looks like a ghost town; the devastation looks apocalyptic. Here are details
Malibu are revealed. The burnt-out mansions are initially the exception when travelling south through smoky skies along the well-known Malibu coast. They are isolated wrecks that smoulder away in between rows of intact, shining beachfront villas. However, as you approach the Pacific Palisades, the epicentre of the destructive fires in Los Angeles, those little charred ruins turn into irregular groups, followed by an endless line of charred, collapsed houses, as quoted in a report by AFP.
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