Citi Financial News

The Chinese city of Shaoxing is planning an Asian Games-themed digital yuan giveaway, as the nation prepares for a major central bank digital currency (CBDC) showcase.

Yamuna river in Delhi flowed below the danger mark of 205.33 metres on Wednesday but is expected to rise again following heavy rain in parts of the capital and upper catchment areas in the morning. According to the Central Water Commission (CWC), the water level at the Old Railway Bridge (ORB) stood at 205.09 metres at 9 am. The Safdarjung Observatory, Delhi's primary weather station, recorded 37.1 mm of rainfall in the 24 hours that ended at 8:30 am, meteorological office data showed.

China and has found an honourable mention in Chinese school textbooks! The rags-to-riches story of Dev Raturi is no doubt, a tale for the ages. Hailing from Kemriya Saur, a little hamlet located at a remote corner in Uttarakhand’s Tehri Garhwal district, this die-hard Bruce Lee fan wanted to follow in the footsteps of his idol and make a name as a karate champion. However, money was short. After a failed audition for a role in a Hindi movie in 1998, Raturi decided to dedicate himself to karate. He did various menial jobs in Delhi for a decade, before saving enough to migrate to China. He eventually landed a job as a waiter in an Indian restaurant in Shenzhen in 2005.

Ghaziabad has led to a challenging situation in the affected areas of Ghaziabd and Noida. The last time a situation like this emerged was 45 years ago when this tributary of the Yamuna river was flooded in 1978, and the impact of the flood was observed until the old bus stand in Ghaziabad city. The Hindon is a rain-fed river that flows from the lower Shivalik hills near Saharanpur, Uttar Pradesh.

hotel industry that are worth discussing today. The first is about booming hotel rates ahead of the scheduled ODI International World Cup. The 2023 men's cricket world cup will be hosted by India from 5 October 2023 to 19 November 2023.

BEIJING — China is changing its tone on the struggling real estate sector, paving the way for policy support.

By Chen Aizhu, Emily Chow and Andrew Hayley

Heavy rain lashes Delhi, Noida; waterlogging situation on ITO road. Check updates In view of incessant rains, Telangana Education Minister Sabita Indra Reddy has declared holidays for all educational institutions in the state on 26-27 July. The announcement was made on the direction of Chief Minister K Chandrashekar Rao, officials said.

By Kylie Madry and Aida Pelaez-Fernandez

Wall Street is so convinced that the Federal Reserve's restrictive policies are nearing an end that money managers are already trading as if rate hikes were a thing of the past.JPMorgan Asset Management is plowing into equities and at least one Invesco fund has done an about-face from its previous cautious positioning. DataTrek says investors are now betting on individual stocks instead of trading on macro themes.

The New York City Economy Tracker is a joint project between Investopedia and NY1, using publicly available data to evaluate the economic health of the city across a variety of metrics.

The City is at a crucial turning point for investors.

Indonesian police are investigating the illegal trade in human organs involving police and immigration officers who were accused of helping traffickers send 122 Indonesians to a hospital in Cambodia to sell their kidneys

The European Union will look at helping fund the costly transportation of grain out of Ukraine after Russia halted a deal that allowed Black Sea exports vital to global food security

Oklahoma's new Republican attorney general says he's stepping into an ongoing legal dispute over tribal gambling agreements signed by Gov. Kevin Stitt several years ago

The Pulitzer Prize-winning Santa Barbara News-Press, one of California’s oldest newspapers, has ceased publishing after its owner declared the 150-year-old publication bankrupt

₹155.65 crore. According to the agreement, the Indian airline has the right to continue using the AirAsia brand name for one year following the transaction.“We expect the branding transition to complete in 1-2 months. The regulator has been informed of the same," a third official said.

fourth shot of the Covid vaccine may be unwarranted. Instead, vaccination against flu might be a better idea, given the high number of cases in many cities, according to them. To be sure, a fourth Covid dose can protect against a recurrence, considering it has been a while since the second dose for most people and only 220 million took the third dose in India. Some studies have shown a fourth dose could help build up resistance as immunity against Covid would have fallen for most people. Health experts, however, don't see the need for a fourth dose, especially since India's Covid cases have come down to 23 cases in the last 24 hours. That's the lowest daily infection count since March 2020. «There is no need for another dose of Covid vaccine right now,» said Anurag Agrawal, former head of the Indian SARS-CoV-2 Genomics Consortium (Insacog), the laboratory consortium, and chair of the World Health Organisation's Technical Advisory Group on Virus Evolution.

Mahabubnagar district in Telangana following downpour as heavy rain continued to lash the state leading to inundation of low-lying areas and disruption of road links at several places in the state on Tuesday. The two teenaged girls, who were crossing the stream, did not realise the current of water and got swept away, police said. Their bodies were found by local people later, they said.

airlines stocks tumbled on Tuesday as investors were spooked by downbeat forecasts from Alaska Air Group and a warning on jet engines by aerospace giant RTX. Investors have been on the guard after U.S. inflation data in July showed a third consecutive monthly decline in fares, with prices dropping at their fastest pace since February 2021.

Excise department of city government has red-flagged the relaxation and sought it to be changed for being contrary to the law. As per the Excise Act, only one sealed bottle of liquor like rum, vodka and whisky could be carried from one state to another, said a senior Excise department officer. The Metro trains ferry commuters between Delhi and NCR cities like Noida, Ghaziabad, Gurgaon and Faridabad and allowing two sealed bottles to be carried by any person will be in violation of the Act, the officer added.