Citi Financial News

20.08 / 19:13
Citi Target Booking ICE Harley-Davidson track country Hero Hero MotoCorp targets bigger market share
Hero MotoCorp is now looking at sustainable growth, enhancing market share across segments on the back of new product launches over the next few quarters, according to a top company executive. The country's largest two-wheeler maker is also looking at enhancing production capacity to roll out Harley-Davidson X440 which has already received over 25,000 bookings.
20.08 / 17:49
Citi Provident Citizens show ‘Your ‘Chacha’ has come’: Kejriwal's jibe at 'Mama' Shivraj Singh Chouhan as he announces sops in Madhya Pradesh
Arvind Kejriwal took a jibe at Madhya Pradesh Chief Minister Shivraj Singh Chouhan who is often referred to as ‘Mama’, saying that don’t trust him as ‘your Chacha (alluding to himself) has come’, as he announced election sops for the state ahead of the Assembly election 2023. Addressing a press conference, Arvind Kejriwal said, “I got to know there is a 'Mama' in Madhya Pradesh. He has cheated his nephews and nieces, do not trust him.
20.08 / 17:09
COST Citi Provident Mobile show country Govt’s electric mobility push may focus on public transport, charging
NEW DELHI : The Centre is considering shifting its financial assistance for adoption of electric vehicles (EVs) toward public transport such as e-buses. The support for purchase of private electric two-wheelers may be gradually phased out, said a person in the know of the developments. “There is a view that the subsidies should gradually be phased out for private two-wheelers and assistance should go for public transport and charging infrastructure," the person added.
20.08 / 16:55
UPS Citi FIVE After Amit Shah releases report card of BJP rule in MP, Congress calls it failed state
Amit Shah released the report card of BJP rule in Madhya Pradesh from 2003 to 2023 and hailed it for removing the 'BIMARU' tag, Congress leaders claimed the state was now a «failed» one. Addressing a press conference on Sunday, Congress Rajya Sabha MP Vivek Tankha said MP was a failed state under BJP rule and claimed Shah had taken over the poll campaign for the ruling party and that Chief Minister Shivraj Singh Chouhan had been sidelined. «Shah presented the report card and has shown he doesn't have confidence in Chouhan, who is the state's CM for 18 years.
20.08 / 15:49
Citi Racing Starbucks awards Camden Southern Starbucks told to pay $2.7 million more to ex-manager awarded $25.6 million over firing
Starbucks has been ordered to pay an additional $2.7 million to a former regional manager earlier awarded $25.6 million after alleging that she and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philad...
20.08 / 15:39
Citi Waters stage Disaster Uttarakhand govt to conduct comprehensive survey of state's disaster-prone cities
Uttarakhand government will conduct a comprehensive survey of disaster-prone cities and towns, tenders for which have been invited, officials said. Director of Uttarakhand Landslide Mitigation and Management Centre Shantanu Sarkar said tenders will be verified after monsoon and work on the survey could take time. «Right now we have started the process which is at the planning stage.
20.08 / 15:21
UPS Citi Waters Mobile Parke Southern Hurricane Category 1 Hurricane Hilary barrels toward California, still threatening floods
Category 1 storm Hilary is expected to make a landfall into Southern California on Sunday as a rare tropical storm, unleashing floods, fierce winds and heavy downpours as residents evacuate, parks and beaches close and first responders brace for water rescues. According to the National Hurricane Center Hilary is developed now a Category 1 storm with maximum winds of 80 miles per hour as it barrels north-northwest at a speed of around 21 mph,. It was about 285 miles south-southeast of San Diego as of 5 a.m.
20.08 / 15:13
Citi Target FIVE social Power If Congress comes to power in Telangana, middleman era begins, says Telangana CM KCR
Telangana Chief Minister K Chandrasekhar Rao on Sunday hit out at the opposition Congress, saying if the party comes to power in the state, the middleman era will begin in government offices. Assembly elections in Telangana are set to be held before the end of the year.
20.08 / 14:33
COST Citi Citizens Unemployment 300 units free electricity, unemployment allowance: Arvind Kejriwal announces sops for Madhya Pradesh
₹3,000 per month, 300 units of free electricity for every household per month and free education for every child in Madhya Pradesh among others. Arvind Kejriwal has also promised employment to every unemployed person in the state.
20.08 / 14:29
Citi FIVE Man Southern show social Hurricane Hurricane Hilary barrels towards Baja California peninsula, southwest US
MEXICO CITY (Reuters) — Hurricane Hilary hurtled towards Mexico's Baja California peninsula on Sunday, blanketing the region with heavy rain amid warnings of catastrophic and life-threatening flooding on the peninsula and in the U.S. Southwest.
20.08 / 14:07
Citi MET Parke Southern country cover dutch The Netherlands and Denmark will give F-16 fighter jets to Ukraine, the Dutch prime minister says
Rutte on Sunday told Ukrainian President Volodymyr Zelenskyy that the Netherlands and Denmark will give F-16 warplanes to Ukraine. Rutte, meeting with Zelenskyy at a Dutch air base, said the planes would be delivered once unspecified conditions are met. The announcement came minutes after Rutte and Zelenskyy inspected two gray F-16 jets parked in a hangar at the base.
20.08 / 13:17
Citi Remark show performer country cover Indian Record-breaking demand and supply drive Indian real estate market’s remarkable revival
India’s real estate started its upwards journey post the Covid-19 mayhem in 2021 itself. By the end of 2022, the country’s second largest employment generating sector had gained momentum as reflected in key performance indicators, as buyer sentiment vis-à-vis the sector changed in the aftermath of the pandemic. In that sense, the year 2023 started on a firm footing for the sector that contributes greatly to India’s overall growth.
20.08 / 13:17
Citi Provident CEO Remark country exclusive Demand for ultra luxury housing in top gear – Here’s why
The luxury real estate segment in India has experienced a remarkable resurgence, evidenced by a staggering 130% surge in high-end property sales during the first half of 2023 compared to the corresponding period in the preceding year. According to the latest data unveiled by CBRE South Asia, a leading real estate consultancy, a total of 6,900 luxury residences, commanding prices of Rs 4 crore and above, were successfully transacted between January and June this year, showcasing a substantial increase from the 3,000 units sold in 2022.
20.08 / 12:35
COST UPS Citi Siemens Mumbai Adani to invest ₹2,000 crore to build 2 transmission lines in Mumbai for green energy
₹1,700 crore debt from international lenders for the projects being executed by its parent Adani Transmission. "We will be investing more than ₹2,000 crore for this, of which ₹1,700 crore will be debt-funded," the official said, adding the project also includes setting up a 400-kV substation which will raise the transmission capacity by 1,500 mw, as the company expects the peak demand for the megapolis to cross 5,000 mw mark by FY25 from around 4,000 mw now.
20.08 / 11:49
Citi FIVE Man Southern Shell country Zelenskyy vows retaliation for Chernihiv attack that killed seven people and wounded almost 150
Volodymyr Zelenskyy on Sunday vowed stern retaliation for a Russian missile strike in the center of the northern Ukrainian city of Chernihiv that killed seven people and wounded almost 150 others the day before. «I am sure our soldiers will respond to Russia for this terrorist attack. Respond tangibly,» Zelenskyy said in a video address published in the early hours of Sunday at the end of a visit to Sweden, his first foreign trip since attending a NATO summit in Lithuania last month.
20.08 / 11:49
UPS Citi Manufacturing country Real estate developers closed 59 land deals for 2,018 acres so far this year: Anarock
PTI, Anarock affirmed that the real estate developers are aiming at business expansion and tapping into the high demand for residential and commercial properties in the post-pandemic period. "Our latest research indicates that as many as 59 separate land deals for over 2,018 acres have been closed across the country between January to August 2023," Anuj Puri, Chairman of Anarock, said. The real estate consultant added that the land parcels are increasingly being used for setting up manufacturing units and hospitals.
20.08 / 09:31
UPS Citi Extreme Parke cover Wildfire spreads on Spain's Tenerife island, forces thousands to flee homes
Also read: British Columbia wildfires intensify: Authorities warn of difficult days ahead Evacuations were ordered throughout Saturday due to worsening weather conditions overnight. At a news conference late on Saturday, the head of Tenerife's local government Rosa Davila described the fire as "devastating" and said it had forced new evacuations.

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