Citi Financial News

When the son of a consumer firm’s promoter recently decided to relocate from Mumbai to Dubai, he was not looking for new real estate pastures. He wanted, instead, to take care of his crossborder family office.

Delhi flood updates: Delhi on Saturday only got a momentary relief when Yamuna river waters were noted receding after flooding the national capital. However, later in the day heavy rains lashed the national capital threatening a further surge in the Ganga basin river's water level that has been flowing well over the danger mark since the past week.  In the midst of an ongoing crisis situation that demanded the help of the National Disaster response Force (NDRF) and the Indian Army, the Bhartiya Janata Party (BJP), the Aam Aadmi Party (AAP), and the Congress indulged ina political mud slinging over the infrastructural development of the national capital Delhi.  The road stretches that still remain shut for movement, include Ring Road - Majnu Ka Tilla ISBT - Shanti Van - IP flyover to IP Depot both carriageways, Ring Road - IP Depot to IP flyover to ISBT carriageway, Salim Garh bypass, Old Iron Bridge Pusta to Shamshan Ghat, Outer Ring Road - Mukarba Chowk to Wazirabad carriageway and Ring Road from Shanti Van to Rajghat and towards ISBT.

Rex Heuermann, a suspected serial killer linked to a series of murders and the discovery of bodies at Gilgo Beach on Long Island. He was taken into custody in Manhattan on Thursday evening and has been charged with three counts of first-degree murder and three counts of second-degree murder in relation to the deaths of Melissa Barthelemy, Megan Waterman, and Amber Costello. He is also considered a suspect in the murder of Maureen Brainard-Barnes.

To provide relief to retail consumers, the Centre is selling tomato at a discounted Rs 90 per kg in select cities like Delhi-NCR, Patna and Lucknow. National Cooperative Consumers' Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) are selling tomato on behalf of the Centre through mobile vans.

Eastern Army Commander Lt Gen R P Kalita said on Saturday. The decision to organise Durand Cup matches in the region for the second consecutive year is an indication of stabilisation of the security scene, said Lt Gen Kalita, the General Officer Commanding-in-Chief, Eastern Command. «With security situation having stabilised in major parts of the northeast, particularly Assam, it definitely encourages organisers to hold such events here and it is a motivation for the youths of the area also,» he said, talking to reporters on the sidelines of unveiling of Durand Cup trophies.

West Ham midfielder Declan Rice for GBP 105 million. The contract is made up of GBP 100 million initial fee and GBP 5 million performance-based payment. This is the highest amount any English club has paid for any English football player.

Ballon d'Or joined the David Beckham owned football club after coming off two years with Paris Saint-Germain. Messi will be unveiled as the Inter Miami player on 16 July, Sunday.  In a recent viral video Messi reportedly averted an accident narrowly. The FIFA world cup winner was recently captured shopping for groceries with his family in the city of Miami, according to a report by TOI.  The report further stated that Messi's Audi Q8 narrowly escaped a crash! The video then shows Messi's Q8 jump a traffic signal and take a left at an intersection, with oncoming traffic from the behind.

Europe and Japan, in the latest example of the threat from global warming. Italy faces weekend predictions of historic highs with the health ministry issuing a red alert for 16 cities including Rome, Bologna and Florence. The meteo centre warned Italians to prepare for «the most intense heatwave of the summer and also one of the most intense of all time».

global challenges such as addressing financing gaps, pushing economic growth and ensuring sustainable development, India's G20 Sherpa Amitabh Kant said on Saturday. He also described the ongoing discussions at the third Sherpas' meeting in this heritage city as a «very huge success» and that the negotiators were supportive of priorities of the Indian presidency of the G20.

Assam Chief Minister Himanta Biswa Sarma met Union Minister for Environment, Forest and Climate Change Bhupender Yadav and sought his help for procuring one crore quality saplings for plantation in Assam under PM's LiFE Mission. The Union Minister assured the Chief Minister that he would help to rope in experts from Dehradun in the next two-three days for assisting the Government of Assam for plantation of one crore saplings under PM's LiFE Mission. The Chief Minister said that the state government has floated national tender for the purpose of obtaining 1 crore saplings for the massive plantation drive in the state.

New Delhi: Prime Minister Narendra Modi, who is on an official visit to the UAE, met president-designate of COP28, Sultan bin Ahmed Al Jaber, on Saturday, assuring India’s full support for the presidency to the Gulf nation, the prime minister’s office said. According to the PMO, Jaber briefed PM Modi on UAE’s approach to this important meeting.

Real estate investment primarily serves two purposes to many people. One is to live in the house with your family, and the second is to earn some income from it if you are not occupying it. When you rent out your property, you wish to make some money or use it to help repay your existing loan in case of a mortgage. However, there are many disputes which may arise when you rent out your property — the most common is when a tenant refuses to pay you the rent or delays it. As a landlord, it is crucial to know your rights and the legal options available to you when faced with such a situation.

The Ministry of Education and UGC have mandated the National Testing Agency to conduct the Common University Entrance Test (CUET) for admission into Undergraduate programmes in Central Universities under the Ministry of Education and other participating Universities, Institutions, Organisations and Autonomous Colleges for the Academic session 2023-2024, according to an official release.

MotoGP Bharat has announced a multiple city event ‘Road to MotoGP’. As per the company, the event would cover leading cities across the country and reach out to biking enthusiasts, biker groups and among others to celebrate the spirit of motorcycling. Moreover, the event will also scout for talent and create association with young aspiring riders to take up the sport professionally.

Delhi Cabinet minister Saurabh Bharadwaj on Saturday alleged that flood in the city were caused by the the BJP-led Centre and Haryana government wilfully releasing water towards the national capital. Addressing a press conference here, Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

Marico expects its food business to scale up to Rs 850 crore in FY24 in the domestic market, according to the company's latest annual report. Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings, it said.

Common University Entrance Test (CUET)- UG results are live now, announces UGC Chairman Mamidala Jagadesh Kumar. National Testing Agency, NTA has announced CUET UG Result 2023 today, July 15, 2023. The results of Common University Entrance Test for UG can be checked soon on the official site of NTA CUET at cuet.samarth.ac.in.

Delhi Government said, “We can see around five centimeters reduction in the water level and the situation will further improve till tomorrow…" “We have around 44 camps in Delhi at present, some of them are in schools and some are makeshift arrangements which we are aiming to move to school buildings only. The total number of evacuated people so far stands at 25,478 and a total of 22,803 people have come to the camps," he added.

Consulate here to express solidarity with India following a recent attempted arson at the diplomatic facility by Khalistan supporters. A video by Khalistan supporters, dated July 2 posted on Twitter, showed the act of arson at the Indian Consulate in San Francisco. It was the second such act of violence within months.

Such floods are usually not associated with a metro like Delhi where people expect authorities to be in better control, it being the national capital. Yet floods took Delhi unawares. While a political blame game is on between the AAP and the BJP, below is a brief analysis of why Delhi was suddenly submerged.What happened at Hathnikund barrage The Hathnikund barrage in Haryana's Yamunanagar, 180 km from Delhi, controls the flow of Yamuna towards Delhi.

Narendra Modi received a dazzling welcome in United Arab Emirates (UAE) as the iconic Burj Khalifa was lit up with the colours of the Indian nation flag. As a part of the light-and-sound show at the Burj on Friday, setting the stage for PM Modi's arrival to the Gulf nation on an official visit, the skyscraper also showcased his picture, followed by a text that read, «Welcome Honorable Prime Minister Narendra Modi.» A leaping skyscraper in Dubai, United Arab Emirates, Burj Khalifa is one of the top attractions to visit in the city.