Citi Financial News

rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary as the income tax department has revised norms for valuing such houses. The Central Board of Direct Taxes (CBDT) has notified amendments to the Income Tax Rules which will come into effect from September 1.

Narendra Modi on Friday highlighted India's significant digital progress and its potential to serve as a testing ground for innovative solutions with global applicability while virtually addressing the G20 Digital Economy Ministers’ Meet. "With such diversity, India is an ideal lab for solutions.

New Delhi: Fuel delivery platform FuelBuddy is looking at expanding its global footprint by foraying into Africa. FuelBuddy is an online platform providing doorstep delivery of fuel. Apart from transporting fuels, the company sells lubricants.

Bengaluru: Prime Minister Narendra Modi on Saturday said India is an ideal testing lab for solutions and underlined that the solutions that succeed in the country can be easily applied anywhere in the world. In his virtual address at the G20 Digital Economy Working Group Ministers Meet here in the city, the Prime Minister said India's digital public infrastructure offers a scalable, secure and inclusive solution for global challenges. «India is an incredibly diverse country.

California's autos regulator said on Friday it is investigating «recent concerning incidents» involving autonomous vehicles operated by General Motors unit Cruise in San Francisco and asked the company to take half its robotaxis off the roads. The statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars. The regulator also said it has asked Cruise to immediately reduce its active fleet of vehicles by 50% until the investigation is complete and Cruise takes actions to improve road safety.

Washington state on Friday, burning some homes and prompting evacuation orders for thousands of people in small rural communities. One of the largest blazes, the so-called Gray Fire near Spokane in eastern Washington, began around noon and a few hours later had surged through 4.7 square miles (12 square kilometers) of grass, timber and wheat, pushed by 35-mph (56-kph) winds, according to the Washington State Department of Natural Resources. Level 3, or «Go Now,» evacuations were issued for Medical Lake, a community of about 4,800 people and some homes and other buildings had burned, authorities said, although it wasn't clear how many.

summer camp season and not to be left out, U.S. rate setters and overseas pals gather in Jackson Hole, Wyoming, to talk central banking. The so-called BRICS grouping gathers too amid increasing disquiet in some big emerging markets, while business activity data globally and China property woes mean August is proving far from dull.1/ SUMMER CAMP! U.S.

The Matildas are determined to finish their groundbreaking Women’s World Cup, and send off their wave of new fans, on a high note by claiming bronze at their home tournament.

San Francisco has launched an autonomous shuttle service — less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns. The free shuttle will run daily in a fixed route called the Loop around Treasure Island, the site of a former U.S. Navy base in the middle of San Francisco Bay.

national capital, bringing temperatures down in the city, which was witnessing sultry weather conditions. The showers brought much-needed relief from the intense heat. Regional Weather Forecasting Centre (RWFC), New Delhi has further predicted light to moderate intensity rainfall along with heavy intensity rain over some isolated places in the Delhi-NCR region.

Also read: Mumbai news: Train runs over man who fell on railway tracks after being assaulted by couple | Video The issuance of this order is based on concerns that these aerial objects could potentially be used to target VVIPs, pose threats to the general public, cause damage to public property, and disrupt law and order within the jurisdiction of the Brihanmumbai Police Commissionerate area. Also read: SpiceJet passenger clicks improper photos of air hostess on Delhi-Mumbai flight; DCW takes action Starting from Friday and continuing until September 16, the order strictly prohibits the operation of drones, remote-controlled micro light aircraft, paragliders, para motors, hand gliders, and hot-air balloons within the city's limits.

World Photography Day, people engage in several activities like engaging in photography-related discussions and participating in events that showcase the art and craft of photography. It is an integral part of modern communication, journalism, advertising, and artistic expression. 1.

National Association of Home Builders CEO Jim Tobin explains how local governments have tied up housing construction projects.

A Russian analyst has claimed that the digital ruble, the nation’s CBDC, will bring no benefits to ordinary citizens.

Reuters. 1. Hurricane Hilary had shifted its direction towards the west-northwest, maintaining a speed of almost 12 miles per hour (19 kph).

Netflix is set to release "One Piece Film: Gold" and several TV specials in September 2023. This adds to the expanding One Piece content available on the platform. Over the last decade, a number of notable One Piece movies and TV specials have been produced, offering reimagined versions of the pre-time skip storyline. In recent times, Netflix has steadily included multiple seasons of One Piece in its streaming library. Furthermore, at the close of August 2023, the first-ever live-action adaptation of the One Piece series will exclusively debut on Netflix. The upcoming releases, «One Piece Film: Gold» and the assorted TV specials, are scheduled for release on Friday, September 1, 2023. Here's what's in store:

NEW DELHI : Indian Railways plans to invite bids from private companies to lease out 84 surplus plots worth over ₹7,500 crore in the next 18 months, two people aware of the matter said. The move is part of the land monetization plans by the Rail Land Development Authority (RLDA), which is responsible for the redevelopment and commercial exploitation of surplus land. The authority has been entrusted with 119 commercial sites for development, of which bids for 35 with a lease value of ₹2,835 crore have already been awarded.

By Diane Bartz

Mumbai police have issued an order banning the flying of drones, remote-controlled micro light aircraft, paragliders, para motors, hand gliders and hot-air balloons in the city's air space till September 16, an official said on Friday. As per the prohibitory order issued on Thursday, violators will be charged under section 188 of the Indian Penal Code, he said.

Citi analysts opened a 30-day positive catalyst watch on Neutral rated Gap Inc (NYSE:GPS) in a note Friday.

Finance Minister Nirmala Sitharaman will be visiting Gandhinagar on Saturday to attend Joint Finance and Health Ministerial G20 Meeting and later she will review IFSC Gift City functioning. The Joint Finance and Health Ministerial G20 Meeting at Mahatma Mandir Exhibition and Convention Centre will also be attended by Health and Family Welfare Minister Mansukh Mandaviya, the finance ministry said in a statement.