Citi Financial News

14.07 / 03:49

Citi Waters Orange Indian Updates India Monsoon flood update: Heavy rainfall creates havoc in THESE Indian states. Check weather updates here

India Meteorological Department (IMD) has also issued rainfall alerts for several states for the next few days. Uttarakhand is on red alert today and an orange alert during 15-17 July. An orange alert of heavy to very heavy rainfall has been issued in Uttar Pradesh, Assam on 14 July.

14.07 / 03:11

Citi Provident Waters RAI Videos Delhi Floods: People face problems due to the water-logging situation as Yamuna overflows | Watch in 5 videos

Arvind Kejriwal urged people to work from home and to only step out of their homes if it is necessary. An advisory is being issued for private offices too to Work for Home.

14.07 / 03:11

Citi Provident Waters Schools Delhi floods: Noida, Ghaziabad schools closed today as Yamuna crosses danger mark

closure of Noida schools today, July 14. District Magistrate Manish Kumar Verma, who himself went on an inflated boat to inspect low-lying areas submerged in water along the river, issued the order for the closure of schools, PTI reported. "Due to the high level of water in the Yamuna after heavy rains and in view of chances of rain, the district magistrate has ordered the closure of all schools of all boards on July 14," District Inspector of Schools Dharmveer Singh said. This order will also apply to schools of the Uttar Pradesh Basic Education Council, the Uttar Pradesh Secondary Education Council, the Central Board of Secondary Education, and other boards, the District School Inspector said.

13.07 / 22:27

Citi Waters Parke Adventure Nestle VACATION Destinations Planning a vacation soon? Check out these trending offbeat destinations of 2023

Booking.com reported that 73% of people are more optimistic about travel than they were in 2022. As per the report, 2023 is also likely to see a shift in why people want to get away and the different types of vacations individuals are taking.

13.07 / 20:51

UPS Citi Provident COMPOSITE DAX US stocks inflation data Global markets update: US stocks edge higher after producer inflation data

jobless benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, but overall the labor market remains tight. The 10-year treasury yield fell to 3.76% from 3.86% late Wednesday. The 2-year treasury yield fell to 4.63% from 4.75%.

13.07 / 20:19

Citi Aviat CEO Airlines Boeing Enterprise Metro Akasa Air is a long-term bet for Jhunjhunwala family: CEO

NEW DELHI : Akasa Air is a long-term investment for Rare Enterprises and the Rakesh Jhunjhunwala family, the airline’s founder and chief executive officer Vinay Dube said, pointing to the lengthy investment horizons of the late legendary investor. “If you look at Rakesh’s average holding time, I believe you will see the average holding time from his equity investments is over nine years. Whatever chatter (about dilution of stake) is so inconsistent with decades of investment that Rakesh has made.

13.07 / 19:11

UPS Citi Target Platform Pool CAT Fractional realty ownership platform hBits gets nod to raise Rs 500crore via AIF

Fractional real estate ownership platform hBits has received regulatory approval from the Securities and Exchange Board of India (SEBI) to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's key markets. The tech-enabled platform is also setting up a feeder fund--the Global Investors Feeder Trust (GIFT)--based out of GIFT City to cater to foreign investors. This will be the first such fund raised from investors including global institutions by any fractional ownership platform in India.

13.07 / 17:31

Citi BLOCK Gap India looks to resume operations at stalled hydrocarbon block in Iraq

NEW DELHI : At a time when Iraq has emerged as a major supplier of crude oil to India, the Centre is looking at resuming operations of state-run ONGC Videsh Ltd’s (OVL) hydrocarbon exploration block in Iraq, which has been under force majeure since 2003, said two people with knowledge of the development. One of the persons said Indian energy companies may look at investing in oil and gas assets in the West Asian country. “Several aspects would be considered for resumption of operations at the stalled project and investments, including the security situation.

13.07 / 17:31

Citi Provident Mobile MP woman leaves husband after he adds 2 tomatoes in food while cooking

₹90/kg to provide relief to the consumers, top government officials said on Thursday In Noida, tomatoes will be sold at the NCCF office at Rajnigandha Chowk and also through mobile vans in Greater Noida and other locations, they said.

13.07 / 17:21

Citi CEO RIO The Real Housewives of New York City Season 14: Premiere date and new cast member details

Housewives of New York City, including a former top executive of J Crew and an Indian-origin fashion publicist.

13.07 / 16:13

UPS Citi Provident Waters RAI Delhi Floods: ₹200 crore business affected in 3-4 days, says trader's body

₹200 crore worth of business have been affected due to the flooding in parts of the capital city. “We appeal to the traders and market associations of old Delhi to halt movement of goods from outside in the next few days," PTI reported quoting CTI chairman Brijesh Goyal as saying. The traders body said the markets of Old Delhi, Kashmiri Gate, Mori Gate, Monestry Market, Chandni Chowk, Jama Masjid, Bhagirath Place, Lajpat Rai Market, Kinari Bazar, Fatehpuri, Khari Baoli and Naya Bazar have been affected due to the rain and flooding .

13.07 / 15:57

COST Citi Metro RLDA invites bids for the redevelopment of Ahmedabad Railway Station

RLDA) has invited bids for the redevelopment of Ahmedabad Railway Station and construction of associated infrastructure on Engineering Procurement and Construction (EPC) mode. The estimated project cost is Rs 2563 crore.

13.07 / 15:47

UPS Citi Waters Eagle AT&T Houston celebrates 713 day: Here are 5 ways to celebrate Bayou City

Bayou City. Moreover, as per a website known as GlobalCallForwarding which describes area codes, 713 Day is named after Houston's oldest area code, established in 1947. It was one of the original 86 area codes in southeast Texas by AT&T and the Bell System.

13.07 / 15:01

UPS Citi IPO Will Senco Gold deliver listing gains for investors on Friday? Here's what GMP suggests

Senco Gold are likely to be listed on the exchanges on Friday. In line with the robust response to the IPO, the stock is expected to list at a healthy premium, if we go by the trends in the unlisted market. According to market sources, the company's gray market premium (GMP) is around Rs 115-120 a day ahead of the listing.

13.07 / 14:47

UPS Citi Provident Waters Schools Delhi floods: Schools shut till Sunday in Delhi, Noida as water level continues to rise

Disaster Management Authority (DDMA), called by LG VK Saxena, in view of unprecedented flood situation in the national capital, Kejriwal said, “We had a DDMA meeting. Several important decisions were taken. Schools, colleges & universities will remain closed till Sunday.

13.07 / 14:37

COST UPS Citi Provident Waves Heat Waves Now Last Longer, Spurring an Air-Conditioning Boom

The hum of air conditioners is getting louder and more expensive in parts of the U.S. where people used to open a few windows to stay cool in summer. In the Pacific Northwest, residents are cranking up the air conditioning sooner than ever before and paying more to do it, according to data from the National Energy Assistance Directors Association.

13.07 / 14:29

UPS Citi Provident Waters Platform Metro Delhi floods: Red Fort closed for visitors till July 14

Water reached on the Ring Road at the backside of the Red Fort on Thursday as the Yamuna river continued to flow above danger level, and all the shops around Kashmere Gate will remain closed until Sunday due to the flood situation. Due to the rise in the water level of Yamuna and resultant inundation of low-lying areas, traffic movement has been impaired on Mahatma Gandhi Marg (Ring Road) between IP Flyover and Chandgi Ram Akhara, Mahatma Gandhi Marg between Kalighat Mandir and Delhi Secretariat and Outer Ring Road between Wazirabad Bridge and Chandgi Ram Akhara, while the area near Nigam Bodh Ghat was also flooded.

13.07 / 14:11

COST Citi Lowe's Argentina's economic woes spark 'supermarket tourism' from neighbors

By Horacio Soria and Lucinda Elliott

13.07 / 13:27

Blockchain Citi CEO Platform Coindesk Indian Co-founder of Indian Crypto Unicorn 5ire to Depart Amid Internal Dispute – Here's the Latest

Blockchain layer 1 network 5ire, which secured series A funding last year valuing the company at $1.5 billion, is now bidding farewell to one of its co-founders.

13.07 / 13:21

Citi Merit CUET-UG results to be announced by July 17

Entrance Test (CUET-UG) results will be announced by July 17, said UGC Chairman Jagadesh Kumar on Wednesday. The CUET-UG is the second-largest entrance exam in the country in terms of the number of applicants.

13.07 / 13:11

UPS Citi CEO FinnCap CEO: Brokers will have ‘no choice’ but to merge

Consolidation among City brokers will pick up unless the listings drought starts to reverse, according to the chief executive of FinnCap.

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