Citi Financial News

China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time.

Gift Nifty index registered its highest ever single-day turnover of $12.98 billion on August 29 with 336,535 contracts traded. The turnover on August 29 was equivalent to ₹1,07,267 crore, the index manager said.

Amazon Prime Video, with the much-anticipated release of The Wheel of Time Season 2 among them. The routine practice of adding and removing content from Amazon Prime Video's library aims to keep viewers engaged and adhere to legal obligations.

Hurricane Idalia brought torrential rain and threats of flash flooding on Wednesday afternoon to southeast Georgia after slamming into Florida, where authorities feared a powerful storm surge may have inundated communities in the Big Bend region. Authorities in Florida were still trying to carry out damage assessments in the hardest-hit areas as water rescues of trapped residents were under way in southern Georgia. Video footage and photographs from the region showed ocean waters washing over highways and neighborhoods swamped by extensive flooding at midday.

In the gig economy spawned by the internet, which allowed small tasks to be farmed out smoothly, the plight of India’s food delivery agents has been a long-running concern. A study released this week by the National Council of Applied Economic Research (NCAER), based on a survey done last year of 924 workers dropping off packets across 28 cities for a delivery platform, sheds some light on their biodata profiles and work lives. Almost entirely male, most of those who hot-wheel their way to homes with food boxes are a young lot, with almost two-thirds of the sample aged under 30.

₹10,000 crore. The State Disaster Management Authority’s data notes that 379 persons have lost their lives in rain-related incidents to date, while 352 have suffered injuries, 38 are missing and 16,343 animals have died. Over 2,457 houses have been completely damaged, while 10,569 have suffered partial damage; 307 shops and 5,439 cowsheds have also been damaged.

theme parks KidZania, is planning to spend $50 million over the next 5-10 years to launch five new theme parks in cities like Bengaluru, Ahmedabad, Pune, Hyderabad, and Chennai, a top company official said. The company currently operates two KidZania branded theme parks in Mumbai and Delhi spread across 70,000 sq ft and 95,000 sq ft, respectively. The two centres used to draw an annual footfall of 400,000 persons prior to the pandemic, which has dropped to 300,000 post the pandemic. «We are expecting about $50 million of investment to launch the five new centres,» said Paras Chandaria, founder and promoter, KidZania India, adding that the company is open to working with strategic partners to realise its ambitious expansion plans in the country.Chandaria's Kidz Inc Pte owns a 74% stake in Imagination Edutainment while Khan holds the remaining 26%.

Singapore are becoming embroiled in one of the city-state's largest money laundering cases involving over S$1 billion ($740 million) of assets. In charge sheets seen by Bloomberg News, some of the individuals who were arrested and charged this month held funds totally millions from unlicensed moneylending in China and illegal gambling in United Overseas Bank Ltd. and the local units of Citigroup Inc. and RHB Bank Bhd.

New Delhi: The India Meteorological Department (IMD) is planning to provide air quality early warning through the System of Air Quality Weather Forecasting and Research (SAFAR) to 92 more polluted cities in the next two years. SAFAR, developed by Indian Institute of Tropical Meteorological (IITM) Pune and was operationalized by IMD in 2010 during Commonwealth Games, is India’s first metro air quality service. It currently issues 1-3 days advance forecast in 40 cities including Delhi, Pune, Mumbai and Ahmedabad of a total of 132 ‘air contaminated’ cities.

I Am Legend 2," is preparing to take a surprising twist by deviating from the conclusion of the first movie. Delve into the unexpected narrative direction and explore the future trajectory of Will Smith's iconic character.

Prigozhin last week, the Kremlin's spokesperson said Wednesday. Speaking to reporters during his daily conference call, presidential press secretary Dmitry Peskov said that «different versions» of what happened exist and «are being considered» by Russian investigators, including, «let's put this way, deliberate wrongdoing.» A business jet carrying Prigozhin, the founder and leader of the his top lieutenants crashed halfway between Moscow and St. Petersburg a week ago, killing all seven passengers and three crew members. The Interstate Aviation Committee, the Moscow-headquartered body that oversees civil aviation in most former Soviet republics, said in an online statement Wednesday that it was not currently investigating the crash, although the agency has an accident investigation division.

Criminals in England and Wales may soon find themselves with a critical decision to make: attend their sentencing hearings or face the consequence of an extended stay behind bars. The British government has revealed plans to implement a law that mandates criminals to be present in court during the pronouncement of their sentences. This initiative is aimed at reinforcing the importance of justice delivery and accountability within the judicial system.

Delhi Health Minister Saurabh Bharadwaj said on Wednesday. Besides, the Delhi health department has formed 80 teams of doctors and nursing staff, who will serve guests staying at hotels.

A Saudi court has sentenced a man to death over his posts on X, formerly known as Twitter, and his activity on YouTube

Check out the companies making headlines in midday trading.

anime adaptation of ‘One Piece'. Hoping it to be the turning point of its business of live-action series, the company has been promoting it relentlessly for months. It is an adaptation of the classic manga and anime. This manga has been popular since the late 1990s. In fact, ‘One Piece’ is a fabled treasure, the Straw Hat Pirates are exploring the dangerous oceans and lands in search of this invaluable thing.

Sarma on Wednesday inaugurated the State's longest flyover, named Nilachal Flyover after the Nilachal Hills near which it stands, measuring a total of 2.63 kilometres and starting from Maligaon Chariali to Kamakhya Gate in Guwahati. Built at a cost of ₹420.75 crore, the State's longest flyover till date has been completed within a period of mere 35 months by Shree Gautam Construction Co Ltd and Anupam Nirman Pvt Ltd — the two firms that bagged the contract — under the overall oversight of the Public Works (Roads) Department of Government of Assam. M/S Design Associates INC was the Drawing & Design Consultant, M/S Prestress Projects the third-party Quality Control & Monitoring Agency while Professor Dr.

₹1.45 trillion in July, reporting a 25% and 5.5% year-on-year and month-on-month growth, respectively. This was mainly aided by better consumption driven by growth in the tier 2 and tier 3 cities. This is encouraging for pure-play credit card company SBI Cards and Payment Services Ltd.

By Sarah N. Lynch

Stratos Wealth Holdings has bolstered its senior leadership team with a new chief operating officer.

Hurricane Idalia hit Florida's Gulf Coast on Wednesday flooding several parts of the US state in precursor to what weather agencies believe will be a long season of more than predicted severe storms that is likely to go on till November this year. A category 3 storm hit Florida on Wednesday unleashing threats to life, property, with surging probability of rainfall across an area that has never before received such pummelling. Hurricanes are measured on a five category scale, with a Category 5 being the strongest.