Citi Financial News

Pawan Kalyan over his allegations of land encroachments on Yuvajana Sramika Rythu Congress Party (YSRCP), State IT Minister Gudivada Amarnath claimed that land encroachments had occurred in Visakhapatnam during the previous government's tenure. Amid the Varahi Yatra of Jana Sena Party (JSP) Chief Pawan Kalyan, the war of words between the ruling Yuvajana Sramika Rythu Congress Party (YSRCP) and Jana Sena leaders is going on in a range in the Visakhapatnam district.

Mohamed Alabbar is more than just the managing director of Emaar Properties, the Dubai real estate firm that built the world’s tallest building, the Burj Khalifa. The multi-faceted entrepreneur and investor is also taking on Amazon in West Asia and spearheading UAE’s first digital bank Zand. In a video interview with Kailash Babar and Arijit Barman, Alabbar spoke frankly about mistakes made in India, future growth prospects and investment opportunities in digital assets as well as the stronger than ever bilateral ties between UAE and India.

Russian shelling killed seven people, including a 22-day-old infant, and wounded at least 22 in Ukraine's southern region of Kherson on Sunday, prompting local officials to declare Monday a day of mourning and President Volodymyr Zelenskiy to promise justice.Kyiv reclaimed part of Kherson from Russian occupation last November but Kremlin troops have continued shelling the regional capital and areas around it from across the Dnipro River. Five people were killed in the village of Shyroka Balka, including a 22-day-old girl, her 12-year-old brother who died from serious injuries in hospital, and their 39-year-old mother, Olesia, Zelenskiy said. «The terrorists will never willingly stop killing civilians,» Interior Minister Ihor Klymenko wrote in a Telegram post.

HP traffic police in a tweet on X informed that the movement of heavy vehicles including buses is suspended on Chandigarh-Shimla National Highway 5 till further orders due to intermittent blocking at Chakki Mod near Parwanoo. In an update on Shimla city, the traffic police has informed that the National Highway 5 has been blocked at Tenzin Hospital, Panthaghatti & BCS due to fallen trees and have asked commuters to use alternate route Panthaghatti-Kasumpti-Chhota Shimla for LMVs.

Russian experts say they think that the government will use the digital ruble to pay state benefits – and think the CBDC could be used to evade sanctions.

ministry of corporate affairs (MCA) has entertained 1,270 requests from bodies representing company secretaries and chartered accountants for the merger or deactivation of multiple user IDs of their members in the first month of allowing such an exercise, according to the latest official data. The move will now enable these professionals to use the latest version of the MCA21 portal for various corporate filings because, unlike its earlier avatars, the version 3 or V3 portal doesn't entertain more than one ID per user to plug its abuse.

terrorists were killed by Pakistani security forces on Sunday when they attacked a military convoy carrying Chinese workers in the port city of Gwadar in the restive Balochistan province, officials said. Gwadar is one of the focal points of the multi-billion China-Pakistan Economic Corridor with many Chinese workers working at the port.

holdout from the Kansas City Chiefs, star defensive tackle Chris Jones has been capturing attention not only for his absence from the team but also for his interactions with Hollywood figures. Recently, he was spotted alongside renowned director Michael Bay, leading to speculation about his status and intentions. Notably, Jones' presence alongside Hollywood personalities wasn't the only surprising element – the advice he received from Fast & Furious actor Tyrese Gibson also caught the spotlight. Gibson's comment on a post by Bay left a mark on social media, as he humorously mentioned, «If quitting brings this much joy? F*** it lol.» This lighthearted remark raises questions about Jones' potential considerations amidst his contract demands.

DUBAI (Reuters) -An attack on a Shi'ite Muslim shrine in Iran's southern city of Shiraz killed at least one person on Sunday, a local official told state TV, adding that one person had been arrested.

MUMBAI : In a strategic shift, Citi India sold its retail business to Axis Bank and is now focussed on its institutional business and global capability centres (GCCs). By the end of this year, the bank’s GCCs that go beyond just being a back office to its global operations will employ around 30,000 people. In an interview, Citi India chief executive officer Ashu Khullar emphasized that while India is not the only option to counter the world’s dependence on China, it is a credible option, and the bank is seeing growing interest among clients to invest.

By Dan Williams

A four-and-a-half-month pregnant woman underwent a premature delivery on the roadside near Raj Bhavan in Lucknow on Sunday. The foetus was pronounced brought dead by the doctors upon arrival at Veerangana Jhalkari Bai Women and Child Hospital in the city. A video of the incident circulating on social media has provoked a strong response on the state of health services in Uttar Pradesh from Samajwadi Party chief Akhilesh Yadav and party leader Shivpal Yadav.

Mint spoke with some parents to understand how they finalized their hospitals and how much they paid in hospital costs at the time of delivery. Metro charges Niranjan Avasthi, senior vice-president, Edelweiss Asset Management Company, 39, who resides in the suburbs of Mumbai, says he and his wife Sharvari opted for Mamta Maternity Home located near their house for his second baby’s delivery. The baby was delivered in June 2021.

real estate, Ankur Gupta, and the hotel business’s chief executive officer Anuraag Bhatnagar, said the business has doubled in terms of earnings before interest, taxes, depreciation and amortization (Ebitda), commercial growth and overall revenue. Besides, it has expanded its presence from 8 to 12 operational hotels post-pandemic, including in Gandhinagar and Bengaluru. Edited excerpts: Gupta: Yes, it is a unique investment for Brookfield.

Direct flight services from Kerala to Ho Chi Minh City in Vietnam were launched from the Cochin International Airport on Saturday. The Cochin International Airport Limited (CIAL), in a statement issued on Sunday, said the new flight service by Vietnamese airline Vietjet was a significant milestone for it. The new flight service has resulted in adding 45 flights connecting Kochi to Southeast Asian destinations, CIAL said.

National Dominican Day Parade, a prominent showcase of Latino pride, will illuminate the streets of Midtown Manhattan on Sixth Avenue. This annual event promises to immerse the city in the captivating colors and rhythms of the Dominican Republic. In an unprecedented turn of events, this year marks a historic occasion as the President of the Dominican Republic graces the parade as the Grand Marshal. This notable presence adds a special touch to the 41-year legacy of the celebration.’

Narendra Modi will address the nation on August 15—will remain closed for the general public from 4 am to 10 am. It will be open to only for the authorised vehicles, the advisory added.

From sarpanches and Khadi workers to primary school teachers and nurses, 1,800 persons have been invited to the 77th Independence Day celebrations in New Delhi on 15 August, according to PIB. “These special guests include over 400 Sarpanches of more than 660 vibrant villages; 250 from Farmer Producer Organisations scheme; 50 participants each of Pradhan Mantri Kisan Samman Nidhi Scheme & Pradhan Mantri Kaushal Vikas Yojana; 50 Shram Yogis (construction workers) of the Central Vista Project, including the New Parliament Building; 50 each Khadi workers, those involved in construction of border roads, making of Amrit Sarovar & Har Ghar Jal Yojana as well as 50 each primary school teachers, nurses and fishermen.

Chhatrapati Shivaji Maharaj Hospital in Kalwa in Thane, civic commissioner Abhijit Bangar said on Sunday. These comprise 10 women and eight men, of which six are from Thane city, four from Kalyan, three from Sahapur, one each from Bhiwandi, Ulhasnagar and Govandi (in Mumbai), one patient is from some other place and and one is unidentified, he said. Twelve of the deceased were above the age of 50, Bangar added.

IAG says a lack of “real world transactions” among the deals arranged by Greensill means it should not have to pay out on the insurance policies now at the centre of a dispute with the collapsed financier’s administrators.

Agricultural Cooperative Marketing Federation of India (NAFED), has been selling tomatoes at ₹70-90 a kilo across north Indian states since 14 July. Because of the government’s sustained intervention over the past month, prices are falling steadily in almost all locations, an official statement said.