Citi Financial News

>>Register For The Tradecurve Presale<< As the US market is becoming more hostile to cryptocurrencies, Ripple (XRP) has shifted its focus to European cities, especially London. Recently, the policy head at Ripple, Susan Friedman, stated that London can be a burgeoning hub for digital currencies. She praised the Bank of England’s digital pound initiative that Ripple is a part of.

₹2.75 trillion by 2050 due to the impacts of climate change, with changes in precipitation and temperature patterns posing significant threats to the lives of the most vulnerable populations. "At an aggregate level, the total cost of climate change for Delhi by mid century is expected to be ₹2.75 trillion," the draft action plan states.

The UK government has rejected the idea of regulating retail crypto trading as if it were gambling, a recommendation made by the influential Treasury Select Committee.

Further delays to the City regulator's ESG disclosure rules could end up costing asset managers that are waiting on clarity from the watchdog to greenlight product launches.

Kraken’s London-based subsidiary Crypto Facilities has appointed former hedge fund manager Mark Jennings as its chief executive officer.

Netflix will soon roll out a docuseries narrating the journey of U.S. Women’s National Team or the USWNT to the 2023 FIFA Women’s World Cup. It will be the fifth world cup if they win. Win or lose, Netflix will capture their journey and excitement to cater to the world, particularly to the U.S. audience. The U.S.A. is not known for football and its men’s national team ranks much below on the table. But the USWNT is the current holder of the FIFA Women’s World Cup. It has evolved over the years since 1991 when the FFA Women’s World Cup was launched in China. Netflix series will certainly try to depict this scenario. The docuseries is yet to be named. Netflix will co-produce the series in association with TIME Studios, Words + Pictures, and Togethxr. The official date of release too has not been announced, but it will be released most likely in the Fall of this year. But, if the USWNT win the world cup, the series may be released before it. The 2023 FIFA Women’s World Cup kicked off July 20 in Auckland, New Zealand. The inaugural match was played between co-hots New Zealand and Norway. Norway won the match 1-0. The final will be held on August 20 in the Australian city of Sydney. Most of the experts have predicted that the USWNT will reach the final and they are most likely to win the world cup.

primary education and healthcare, and the inclusion of women as equal participants in the nation’s growth. Today, the work participation rate for Chinese women is 60%, about three times India’s figure. Some would add to the socialist achievements the restoration of dignity to manual labour and the building of rural physical infrastructure through communal labour of a kind that market-based cost-benefit calculus would not have justified.

In an interaction with Sanjeev Sinha, Mr Ashwinder R Singh, CEO of Residential at Bhartiya Urban in Bengaluru and a bestselling author, shares his views on the future prospects of India’s real estate sector and talks about his latest book. Excerpts:

The real estate industry has experienced significant advancements in technology in recent years, bringing about transformative changes in how business is conducted within this long-standing sector. As a vital component of the global economy, the real estate market is valued at a staggering $7,196 billion, and the integration of cutting-edge technologies promises to revolutionize its operations. In India too, the realty sector has witnessed a resurgence of immense proportion. According to a joint report by NAREDCO (National Real Estate Development Council) and EY (Ernst & Young), the real estate industry in the country is projected to grow from $200 billion in 2021 to a massive $1 trillion by the year 2030. This substantial growth signifies the immense potential and opportunities within the sector, highlighting a significant expansion in the coming decade.

India's three key southern cities — Bengaluru, Chennai and Hyderabad dominated office demand with the contribution of 59% of the total office leasing across the top 7 cities during the quarter ended June, according to Vestian. As per the data, the combined office leasing in three major southern cities stood at 8.2 million square feet, out of a total 13.9 million square feet absorbed in the April-June quarter of this calendar year. Across seven major cities, office leasing fell 6 per cent to 13.9 million square feet during April-June as against 14.8 million square feet in the year-ago period due to delays in decision-making by large domestic firms and MNCs amid global uncertainties.

New York City Comptroller Brad Lander slammed a decision by BlackRock Inc., its largest external money manager, to appoint the chief executive of the world’s biggest oil company to its board.

Bengaluru, Chennai and Hyderabad — three top southern cities — contributed 59 per cent to the total gross office leasing across seven major cities during the June quarter, according to real estate consultant Vestian. Bengaluru-based Vestian on Thursday released its quarterly office market report The Connect Q2 2023, stating that the combined office leasing in Bengaluru, Chennai and Hyderabad stood at 8.2 million square feet, out of a total of 13.9 million square feet office absorption in the April-June quarter this year.

Mumbai received an average 100 mm rainfall in 24 hours till 8 am on Thursday, while neighbouring Thane city received a whopping 213.84 mm rainfall during that period. Some coastal districts, including Raigad and Ratnagiri, have been receiving incessant rainfall, officials said. Meanwhile, Tulsi lake, one of the seven reservoirs supplying drinking water to Mumbai, overflowed on Thursday following heavy rains in the city and suburbs, a civic official said. Earlier this month, the Powai lake, another reservoir located in the heart of Mumbai, started overflowing, but its water is not used for drinking purpose. The Tulsi lake, located in the densely forested Sanjay Gandhi National Park (SGNP), started overflowing at 1.25 am on Thursday, the official from the Brihanmumbai Municipal Corporation (BMC) said. This is expected to bring relief to citizens facing 10 per cent water cut since the beginning of this month.

Van Gogh 360° heads to the garden city of India. After vowing audiences in Mumbai and Delhi, the limited-time immersive experience will be exhibited at Bhartiya Mall Of Bengaluru, Bhartiya City, from August 8. The last show will he displayed on September 3. People willing to experience Dutch painter Vincent van Gogh's life in art can book the tickets through BookMyShow. Art lovers, who registered for the exhibit in advance, can get the tickerts at a special price of Rs 999 (for weekdays) and Rs 1399 (for weekends). The special discount will only be be from Thursday (July 20 noon) to Saturday (July 22 noon).

Universal Studios has become a hot spot in the face-off between Hollywood studios and striking screenwriters and actors. Some members of the Screen Actors Guild-American Federation of Television and Radio Artists and Writers Guild of America unions — along with sympathetic local politicians — think the studio purposely pruned the trees in an effort to remove a source of shade for workers picketing under the hot Southern California sun. They gathered regardless on Wednesday, with one woman wearing a green wreath on her head and holding a sign depicting a full, untrimmed tree under the words «Never Forget».

New Zealand have taken a surprise lead against Norway in the opening game of the FIFA Women’s World Cup.

Over 200 Hong Kong stores now accept digital yuan payments, banks have claimed, as China looks to take its CBDC into the cross-border space.

Goel Ganga Developments has ventured into the rental segment to offer last-mile support to people looking out for a place to rent in Pune. The new venture called Goel Ganga Rent Easy is a full-stack platform, which also has separate verticals for buying and selling properties. The rental market is considered as growing segment in Indian real estate as in most of the major cities in India, close to 35% of the inhabitants prefer to rent out a space.

Indian Railways is planning to launch regular non-AC long-distance trains connecting major cities like Delhi, Mumbai, Surat, Ahmedabad, Bangalore, Chennai, and parts of Punjab. As per ToI report, the railways plans to start the train services before the next Lok Sabha election. The selection of these routes has been carefully determined by analyzing waitlisted ticket data and assessing the origin-destination patterns of high passenger volumes.

Monsoon is the perfect setting for comfort food, especially if you are enjoying the Mumbai rains. Entrepreneurs and friends Vijay Shekhar Sharma and Vishal Gondal have been busy exploring the streets of the city and bingeing on delicious Mumbai food. The GOQii founder took to Twitter to share glimpses of their culinary journey around the city.

accident. It does not appear to be a case of drunk driving. But our primary investigation has revealed the speed of the Jaguar car was extremely high.