Citi Financial News

14.08 / 17:15

COST UPS Citi Extreme Hawaiian Disaster Explainer Explainer-What to know about Maui's wildfires, Hawaii's deadliest disaster

By Jonathan Oatis

14.08 / 17:13

Citi CEO Fighting Tesla Southern Duke stage Musk vs. Zuckerberg Fight May Never Happen, but Italian Cities Are Still Jostlin

Elon Musk and Mark Zuckerberg can’t seem to agree on whether and when to duke it out in a cage match. Still, Italian cities home to famous archaeological venues are jockeying to be the stage for an event that would bring massive global publicity. Musk, the chief executive of Tesla, set off the frenzy among Italian cities last week with a post on X, his social-media company formerly known as Twitter.

14.08 / 17:13

UPS Citi Fallout Enterprise country China’s Deepening Housing Problems Spook Investors

retail sales. Problems are also cropping up in other financial-asset classes in China. Three publicly listed companies said in recent days that they didn’t receive payments they were promised on wealth-management products sold by Zhongrong International Trust, which is part of Zhongzhi Enterprise Group, a large domestic Chinese conglomerate.

14.08 / 15:09

UPS Citi Provident Digital show debate What the debate on NSS population counts missed out

One of independent India’s early achievements was to set up a large-scale household survey system. The National Sample Survey (NSS) set up in 1950 and the Sample Registration System initiated in the 1960s inspired similar experiments all over the world. Since the late 1970s, innovation in the official statistical system has slowed down even as the structure of the Indian economy began changing rapidly.

14.08 / 15:09

Citi Manufacturing CEO Deal Canoo settles incentive deal with Oklahoma and Cherokee Nation

American automotive startup, Canoo Inc. (NASDAQ:GOEV) revealed Monday that the California-based EV maker has finalized incentive agreements with the state of Oklahoma and the North American tribe Cherokee Nation.

14.08 / 14:25

Citi FIVE BLOCK Waters Extreme Yellow track 48 killed in Himachal rains, 14 of them in Shimla landslides

More people are feared trapped under the debris of the Shiv temple in Shimla's Summer Hill area. The shrine was crowded with devotees, offering prayers on an important day of the holy month of Sawan. This was one of the two landslides reported from the state capital which is still witnessing intense rain.

14.08 / 14:07

UPS Citi IPO Senco Gold Q1 Results: Profit soars 23% YoY to Rs 27.6 cr; revenue rises 30%

Kolkata-based Senco Gold, a recent debutant on the exchanges, on Monday reported 23% growth in its consolidated net profit at Rs 27.6 crore for the quarter ended June 2023. It was Rs 22.5 crore in the year-ago period. Revenue from operations jumped 30% to Rs 1,305 crore in the June quarter, compared with Rs 1,007 crore in the corresponding quarter of last year.

14.08 / 10:39

Citi Provident Booking Manufacturing Honda exclusive independence day Honda Cars India launches Independence Day Service Camp: Offers on car care

Honda Cars India has launched an 'Independence Day Service Camp' starting from August 16 and ending on August 20. Customers of the brand can enjoy special deals on car care services and Periodic Maintenance Labour during this event. The offers encompass various services like interior cleaning, paint treatment/beautification, headlamp and windshield treatment, underbody coating, and more.

14.08 / 10:01

Citi Digital Strategy Software Pool Align Global consultancy Expleo to hire 5,000 tech professionals in India by 2025

Expleo Solutions Limited on Monday announced to bolster its workforce by hiring 5,000 skilled tech professionals by 2025 in India. Expleo's newly appointed tech professionals will be stationed across the company's prominent development centres in key Indian cities such as Bengaluru, Chennai, Coimbatore, Pune, and Mumbai.

14.08 / 09:47

Citi MET Strategy Limelight fun Mumbai Maharashtra News: Sharad, Ajit Pawar's ‘secret’ meet cause 'confusion' for MVA ahead of INDIA bloc meet in Mumbai

Maha Vikas Agadhi(MVA) member Uddhav Thackeray noted that ‘frequent meetings’ between the Pawar duo is tarnishing the image of Sharad Pawar. The unpredictable developments in the partisan politics scenario on Maharashtra has heightened the probability of trouble in the already tumultuous political scenario of the state, that began with Eknath Shinde's rebellion in 2022, leading to the downfall of the then incumbent Uddhav Thackeray government. News of Ajit Pawar faction NCP members meeting Sharad Pawar had been in limelight for a few weeks.

14.08 / 09:43

Citi Provident Target CEO Enterprise acquires Xpressbees acquires delivery firm TrackOn

Logistics provider Xpressbees, on Monday announced its acquisition of transportation and delivery company TrackOn. With this acquisition, Xpressbees aims to target the small and medium enterprise sector through TrackOn’s franchisee network.

14.08 / 09:05

Citi Provident Twitter Citizens country Wagner Poland detained two Russians distributing Wagner 'propaganda'

Poland has detained two Russian citizens who were «distributing propaganda materials of the Wagner Group» in Warsaw and Krakow, the two biggest Polish cities, the interior minister said Monday. «Both were charged with… espionage and arrested,» Mariusz Kaminski said on X, the former Twitter, without providing further details about the detained men.

14.08 / 09:05

Citi Ripple Man Action Celebrity country Gandhi: The 'one man army' behind the 'Great Calcutta Miracle'

Mahatma Gandhi drove down in a pre-World War Cadillac automobile into Kolkata's Beliaghata, a densely populated locality and the epicentre of rioting in the megapolis, to be greeted for the first time in his life by crowds which shouted 'Go back Gandhi'. He had come to stay in a dilapidated single-storey building with Doric pillars situated in a tiny by-lane off Beliaghata main road, set between the sprawling Muslim slum of Miagunje and a lower middle class Hindu locality, to try to bring peace to the most populous city between Paris and Shanghai.

14.08 / 07:17

UPS Citi Provident Action Pool Time Supreme Court gives Delhi govt more time to decide on Rapido, other bike taxi aggregators

Supreme Court on Monday granted time till September 30 to the Delhi government to finalise the Motor Vehicles Aggregator policy towards regulating bike taxis. The court allowed the state govt application in this regard.

14.08 / 06:51

UPS Citi Lowe's Reuters show country China's economic challenges gather steam as new loans plunge, property fears loom

BEIJING – China's economy is running into more challenges.

14.08 / 06:31

COST Citi FIVE Remark stage market dynamics Gurugram Real Estate: Unprecedented demand surge, supply shortage reshape market dynamics

Gurgaon’s real estate market has witnessed the highest growth in demand among India’s top cities during the second quarter of 2023. The growing demand for housing, coupled with a significant drop in supply, has set the stage for an intriguing market landscape, prompting an increase in average rates and reshaping the region’s real estate dynamics.

14.08 / 05:51

Citi Target Entertainment film show performer Weekend PVR INOX shares jump 4% on witnessing highest-ever daily & weekend admissions and box office

PVR INOX rallied nearly 4% to Rs 1,697 in Monday's trade on BSE after the firm achieved the feat of highest ever single day and weekend admissions and box office. «PVR INOX has achieved the feat of highest ever admissions and box office in a single day across our circuit on August 13, 2023. We entertained 12.8 lakh guests and earned Gross box office revenue of 39.5 crores,» the company said in an exchange filing.

14.08 / 05:51

COST UPS Citi Gap Intuit country cover Medtech companies still in talks with insurers to get their treatments covered

medtech companies say they still face some obstacles in getting their technology covered under a few companies’ plans. Insurance consultants, who are helping facilitate the dialogue between medtech and insurance companies, told ET that this may be because of ambiguity in the wording of the directive from Insurance Regulatory and Development Authority of India (IRDAI). “The directive says the treatments will be covered whenever medically indicated, which can be interpreted as ‘only covered if necessary,’ and not by the patients’ choice,” they said.

14.08 / 04:13

Citi Provident Waters Extreme stage concert Time Music festivals try to save the planet, one recycled tent at a time

Tomorrowland, one of Europe’s biggest festivals, to scale back its carbon footprint. “It’s not only about reducing the huge carbon footprint all at once,” said Lori Maes, a coordinator at Belgium-based Camp2Camp, which provided tents and rented out secondhand sleeping bags, air mattresses and chairs to festival goers.

14.08 / 03:57

Citi BLOCK Waters BEAS Highways Himachal Pradesh: Cloudburst in Jadon village kills 7 people, 3 missing; Houses, cowshed washed away

Himachal Rains: Landslide blocks National Highway 205 near Bilaspur The Shimla-Kalka National Highway, a vital route connecting Shimla and Chandigarh, has been severely impacted by recurring landslides over the past couple of weeks, causing significant disruptions in transportation. This stretch was initially blocked on August 2 due to a major landslide but was reopened on August 8. However, only light vehicles would be allowed on this road stated Solan district administration.

14.08 / 02:27

UPS Citi Provident Updates Hawaii wildfires: Death toll rises to 89, search for the missing continues. 10 updates

Hawaii wildfires are the deadliest wildfire in the US since the 2018 Camp Fire in California that killed at least 85 people and destroyed the town of Paradise. The fire went from zero to 100 and essentially managed to "eat an entire town in four hours".

Citi Financial News

popular questions about Citi

What is Citi and why is it relevant?

Where can I find the latest updates on Citi?

How can I verify the accuracy of information on Citi?