Citi Financial News

27.07 / 10:59
Citi Booking Airlines Mobile Air India to start Delhi-Dhaka direct flights from Sept 15
Air India will commence its direct flights from Delhi to Dhaka from September 15, the airline announced on Thursday. In a move to enhance connectivity between the capital cities of India and Bangladesh, Air India will fly four times a week between the two cities using its Airbus A320 aircraft.
27.07 / 10:47
COST UPS Citi country cover What add-ons should a car insurance policy have to prevent damages from floods? Amjad Khan answers
«So, we leave AI aside and look at climate change because that is something which we have been seeing incessantly increasing every year on year and India is no exception to that,» says Amjad Khan, Anand Rathi Insurance.We will definitely talk about the add-ons and how one should make their car monsoon ready. But with the monsoon that has already happened in major parts of India and damaging not just the property but other than that the cars as well. And we have seen across India that there were so many videos, so many footages of cars just going up in the way like a river and at this point in time just wanting to understand that what should a consumer or the car owner take in mind or consider in mind whenever they are stuck in such kind of a situation. What all things get covered in the insurance and what all not.So, yes, we have witnessed a lot of monsoon chaos in the last 10 years.
27.07 / 10:39
UPS Citi Provident Metro Premium Myntra's premium ethnic wear business growth doubles; metros and tier-1 cities emerge major contributors
ethnic wear category has doubled over the last year with 60 per cent of the contribution coming from metros and tier-1 cities. The company’s premium ethnic wear segment starts at Rs 2500. The ethnic wear category houses more than 3.85 lakh styles from 1000 plus brands, said the company’s statement.
27.07 / 10:39
Citi Man Pune man first loses phone & money to a robber, then motorcycle to another
Pune faced a double robbery when he was first robbed of his cellphone by a person whom he offered a lift on his bike, and later lost his motorcycle to another person who offered to help him approach the police to report the initial robbery The victim, who had recently moved to Pune for a job, was unfamiliar with the city. On July 20, he was returning home from work when a man around 25 years old asked for some cash, claiming he needed to travel back to Buldhana.
27.07 / 10:39
UPS Citi IPO AXY band open Non-banking lender SBFC Finance's Rs 1,025 crore IPO to open on August 3. Check details
SBFC Finance will open for public subscription on August 3 and close on August 7. The allocation to anchor investors will be done on August 2. The price band for the issue will be announced soon.
27.07 / 10:09
COST UPS Citi show country Explainer Mint Explainer: Why sales of homes below ₹40 lakh are shrinking
₹40 lakh home. Going by analyst reports, not many developers want to build these homes anymore and buyers in large cities are not keen to buy them. While both the supply of and demand for affordable homes are shrinking, the mid-income and luxury segments are thriving.
27.07 / 10:01
Citi Parke country 40 crore pilgrims expected to attend 2025 Maha Kumbh
Maha Kumbh in Prayagraj, compared to the 25 crore footfall in 2019. The 2013 Maha Kumbh was spread over an area of 1,600 hectares which increased to 3,200 hectares in 2019. The 2025 congregation will be spread over 5,000 hectares.
27.07 / 09:41
COST UPS Citi McDonald's country Rajasthan News: CM Gehlot vs PM Modi ensues over ‘red diary, red tomatoes, red cylinder’
Rajasthan polls are scheduled to be held on or before December 2023 to elect representatives 200 seats of the state's Legislative assembly. What started with an invitation to speak, and the fact that the Rajasthan CM would not be ‘able to welcome PM Modi’ to the state, elevated to red tomato and red diary barbs on both end. For context, red tomatoes have been selling at sky high prices all across the country causing many to give up on the botanical fruit, including burger chains like McDonalds.
27.07 / 09:13
UPS Citi Southern cover Inside BJP to take out 'Vijay Sankalp Yatra' in parts of Madhya Pradesh ahead of assembly polls
BJP) has decided to take out 'Vijay Sankalp Yatra' (victory resolution march) in parts of the state, a party functionary said. These yatras are likely to be taken out in September, but their schedule will be finalised and announced shortly, he said. The decision was taken during the four-hour long meeting of the BJP's core committee chaired by Union Home Minister and senior BJP leader Amit Shah late Wednesday night, the party functionary said.
27.07 / 08:55
Blockchain Citi Digital Extreme CEO stage cover European Blockchain Convention 9, set to be Europe’s largest blockchain event in 2H 2023
Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.
27.07 / 08:25
Citi Extreme Racing country Inside Greece races to tackle wildfires as winds set to resume
Hundreds of firefighters backed by European Union reinforcements were struggling to contain the flames on the islands of Rhodes, Corfu and Evia, in addition to a new front that erupted Wednesday in central Greece. Early Thursday, another fire broke out near homes in the leafy Athens suburb of Kifissia but was swiftly extinguished. Officials have said more than 600 wildfires have broken out around the country since July 13.
27.07 / 08:15
COST UPS Citi Mobile Metro Bangalore Metro update: When KR Puram and Byappanahalli, Kengeri and Challaghatta stretches are likely be operational?
Bangalore Metro Rail Corporation has started trial runs of trains between KR Puram and Byappanahalli stations. Sharing a video of the trial run, Bangalore Central MP, PC Mohan in a tweet said: «The entire east-west Metro corridor will revolutionise travel for passengers, slashing commute times and transforming the very fabric of the city's mobility landscape.» Bangalore Metro Rail Corporation aims to open this KR Puram and Byappanahalli next month and a top official told Times of India that the trial runs could go for around 10 days. «On Wednesday, the single train was operated on the stretch, and we did not face any problem.
27.07 / 08:15
Citi FIVE Aviat Airlines Boeing Air India plans to start flights to Los Angeles, Boston
Air India is planning to operate flights to more US cities, including Los Angeles, and is assessing various metrics, according to sources. Currently, the airline operates non-stop flights to five American cities — Washington, DC, New York, New Jersey, Chicago and San Francisco. Los Angeles and Boston are among the cities being assessed as potential new destinations for long-haul flights from India, the sources said.
27.07 / 07:11
Citi HSBC HSBC to raise prime lending rate to 5.875% after Hong Kong rate hike
HONG KONG (Reuters) -HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 12.5 basis points to 5.875% effective on July 28 after the city's de facto central bank raised the base rate.
27.07 / 07:09
UPS Citi Pool social Consumption Consumption patterns may change as nuclear families now make up 50% of India
New Delhi: Nuclear families made up 50% of Indian households in 2022, up from 34% in 2008, a development that marks a significant shift in the way Indian families inhabit large and small cities. This shift in family structure has a bearing on future consumption as nuclear families outspend joint families and experiment with more premium products, researcher Kantar Worldpanel said in a report. Nuclear families are better educated with 80% having some level of education.
27.07 / 07:01
Citi Action Celebrity country social song Copyright NOT Playing Bollywood songs at wedding ceremonies not a copyright infringement, clarifies govt
Bollywood music at wedding ceremonies and related festivities without facing copyright infringement action. As per a ToI report, the decision comes as a relief to event planners, hotels, and individuals organizing celebrations, who were often entangled in unnecessary legal disputes and financial burdens due to demands for license fees by copyright firms.
27.07 / 06:43
UPS Citi Tencent NetEase show end China's video game player population rises to a record at end-June
China's video game player has grown to a record of 668 million, a government-run game industry association said on Thursday, as the world's biggest gaming market returns to growth after a bruising crackdown. The number of gamers, which is accurate as of end-June, represents about half of the population. Industry association CGIGC, which announced the data at an industry conference in Shanghai, also said sales revenue of the domestic gaming market reached 144.263 billion yuan ($20.23 billion) for the first half of this year.
27.07 / 05:25
Citi CAT film show track Inside Mumbai Leopard in Mumbai: Unwanted wild guest enters Marathi TV set, Goregaon Film City, creates panic. Watch video
Leopard scare in Mumbai: Panic struck inside a Marathi TV serial set in Mumbai's Goregaon, when a leopard entered into the premises on Wednesday. The incident created panic and havoc among the people present on the spot.
27.07 / 05:23
UPS Citi Southern band Shuts Down Schools Taiwan shuts down schools and offices as Typhoon Doksuri scrapes the island's coast
Taiwan's largest cities have shut down schools and offices Thursday as Typhoon Doksuri brought heavy rains and winds to the island's eastern and southern coast. Doksuri weakened further on Thursday, with sustained winds of 155 kph (96 mph) and gusts of up to 190 kph (118 mph), according to Taiwan's Central Weather Bureau.
27.07 / 05:03
Citi MET country social Karnataka Voyeurism case: NCW member Khushbu Sundar reaches Udupi for investigation, FIR against three accused
Actress-turned politician and a member of National Commission for Women (NCW), Khushbu Sundar reached Udupi on Wednesday to begin investigation into the alleged voyeurism case. The case was reported in a paramedical college in Karnataka's coastal town. After collecting details of the case, she will meet the victims and the college management representatives on Thursday.
27.07 / 04:39
Citi FIVE Waters Extreme Videos From Telangana to Maharashtra: Monsoon mayhem across India in five videos | Watch
torrential rains and floods that continue to batter many parts of the state, hampering normal life. Incessant rain also lashed Mumbai the whole day, slowing down road traffic but services of suburban trains remained normal with slight delays, while in Punjab, 41 people have died and 1,616 are living in relief camps. 1) Water flowing over a part of NH-163 bridge in Mulugu, due to incessant rainfall in the city.

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