Citi Financial News

Disaster Management Authority on today to discuss the flood situation in the city.  Yamuna River water has also affected the Delhi metro operations as DMRC informed that the approach road leading to Yamuna Bank Metro Station is currently inaccessible due to escalating water levels. Speaking of traffic in the national capital, the water from overflowing Yamuna has entered many areas of the city which has affected traffic on the several roads. The areas affected are Delhi's Chandgiram Akhada on ISBT road, Nigam Bodh Ghat road, Indira Gandhi Stadium road, Ring Road near ITO, GT Karnal road, Old Yamuna bridge - 'Loha Pul, low-lying areas near Kashmiri gate.

Delhi Chief Minister Arvind Kejriwal on Thursday announced that schools in flood-hit regions of the national capital would remain closed, with the region facing water-logging after the Yamuna river crossed danger levels due to increasing rains. «All government and private schools are being closed in the areas of Delhi where water is filling up,» the Chief Minister tweeted.

Belt and Road Initiative (BRI) have had a negative impact on the environment of all the countries where they have been implemented. They have increased the environmental crisis in already vulnerable regions by increasing air and water pollution and have led to water shortage and soil erosion.

Amazon.com was hit with a complaint on Wednesday over allegedly refusing to bargain with a New York workers union, a spokesperson for the National Labor Relations Board (NLRB) said. The NLRB general counsel, which acts as a prosecutor, is seeking remedies that include ordering Amazon to bargain in good faith with the union representing workers at its JFK8 facility in the New York City borough of Staten Island, a spokesperson for the labor relations board said.

Kyiv killed one person and wounded at least four others, authorities said on Thursday, with explosions heard across the Ukrainian capital in the third night of attacks. «Tonight, a massive attack by Iranian drones took place,» Kyiv's military administration said on Telegram. Iran-made Shahed explosive drones had «entered the capital from different directions,» it said, adding «about a dozen» had been downed in the city's airspace. Falling debris was reported in five districts, it said, adding that a 19-year-old woman and 23-year-old man had been hospitalised with shrapnel wounds. Two people were wounded in Darnytsky district «as a result of falling debris,» Sergiy Popko, head of Kyiv's military administration, wrote on Telegram.

₹111.71 per kg on Wednesday. The maximum increase in retail price was ₹203 per kg in Bathinda, Punjab while the minimum rate was ₹34 per kg in Bidar in Karnataka. Among the metros, retail price of tomato quoted highest in Delhi at ₹150 per kg, followed by Mumbai at ₹137 per kg, Kolkata at ₹137 per kg and Chennai at ₹123 per kg on Wednesday.

Following severe weather warnings in the city, a tornado touched down near Chicago's O'Hare International Airport on Wednesday, as reported by the National Weather Service. As reported by AP, no injuries were immediately reported. The National Weather Service in Chicago confirmed the presence of a tornado on the ground around 7 p.m.

NDTV, the opposition claimed that the marks of a deserving candidate, Neetu Rajput from Raigarh, were significantly reduced after the process of "normalisation." Congress MLA Jaivardhan Singh cited this case to highlight the irregularities in the exam, stating that Rajput's score of 157 in the computerised score given right after the test was almost halved after normalisation. "I have evidence of a candidate receiving 157 marks but she got only 86 when her results were posted online... the rationale stated was normalisation...

Delhi flood news LIVE updates: The Yamuna water level reached 208.05 metres at 10 pm on Wednesday, Central Water Commission said. As per MCD, 10 schools in low-lying areas of Delhi's Civil Lines zone, 7 in Shahadra will be closed today due to flood-like situation.Delhi recorded a rapid increase in the Yamuna water level over the last few days.

Millennium, the multi-strategyhedge fund that likes to hire from banks, particularly likes to hire commodities traders from Goldman Sachs. It took one in the form of Anthony Dewell, Goldman's 38-year-old oil trading superstar last October. Now it's come back for another bite. 

Rothschild might be in the middle of a job cuts regimen, but that doesn’t mean it can’t take advantage of some pretty sweet deals popping up on the (jobs) market.

I'm a senior developer in the finance sector. I've spent several years working for fintech firms and am soon joining a major US bank. One of the reasons for my change is work from home: I don't like it. 

Orleans, Jefferson, and St. Bernard. The area has experienced the presence of strong storms, resulting in substantial rainfall. It is not uncommon during the summer months in the metropolitan region for showers and storms, occasionally intense, to develop due to the heat of the day. The National Weather Service alerted via Twitter that these storms are exhibiting a «training» pattern, which has the potential to increase the risk of flooding. During the weekend, the city encountered instances of street flooding caused by heavy rainfall that emerged suddenly and lingered for an extended period. Additionally, the National Weather Service has announced the implementation of a heat advisory for Wednesday, July 12 spanning from 10 AM to 8 PM. This advisory specifically applies to parishes in southeast Louisiana, where hazardous heat index values of approximately 110 are anticipated. It is recommended to take regular breaks in shaded or air-conditioned areas, stay hydrated by consuming ample water, even if not feeling thirsty, and ensure the well-being of elderly individuals, sick neighbors, and family members. Furthermore, it is advisable to bring pets indoors or offer them shade and an adequate supply of water. According to the National Weather Service (NWS) forecast for Wednesday, there will be a slight decrease in rain chances compared to previous days. However, there remains a possibility of a few locally strong or heavy thunderstorms. Aside from that, the weather is expected to be partly cloudy, with temperatures rising into the mid-90s.

New Delhi: G20 finance ministers and central bank governors will be presented a global framework for regulation and supervision of crypto assets as part of policy dialogue that will take place in Gujarat later this month, department of economic affairs secretary Ajay Seth said. In a recorded video message shared by the finance ministry, Seth said that the G20 finance and central bank governors will also be presented the first volume of the report of an independent committee set up by the G20 to strengthen multilateral development institutions.

Quadria Capital, Singapore's healthcare focused private equity firm, on Wednesday announced an investment of up to ₹1,300 crore in Maxivision Eye Hospital, one of India's leading private eye care chains. Quadria will make an initial investment of about ₹600 crore for a significant minority stake, and a further investment of up to ₹700 crore for additional stake, representing one of the largest investments in the eye care services space.

weather improved in parts of north India after days of heavy rains, authorities on Wednesday worked on a war footing to rescue stranded tourists, restore vehicular traffic on arterial roads and prevent floodwaters from entering new areas. Twelve people died in Uttar Pradesh in rain-related incidents within a span of 24 hours ending 8 pm on Wednesday, while 18 have died in Punjab and Haryana so far, according to official data. In Delhi, the Yamuna swelled to 207.83 m on Wednesday, breaching its all-time high of 207.49 m recorded in 1978, according to government agencies.

Nvidia will invest $50 million to speed up training of Recursion's artificial intelligence models for drug discovery, the companies said on Wednesday, sending the biotech firm's shares surging about 83%. Recursion, whose advisers include AI pioneer Yoshua Bengio, will use its biological and chemical datasets exceeding 23,000 terabytes to train AI models on Nvidia's cloud platform. Nvidia, seen as a big winner of the boom in artificial intelligence, could then license those models to biotech firms through BioNeMo, a generative AI cloud service for drug discovery that it rolled out earlier this year.

In a worker adjustment and retraining notification, or WARN, filed Tuesday, JPMorgan Chase revealed plans to terminate a number of positions in its Jersey City, New Jersey, branch.

With the India-UK talks for a free trade agreement has reached a “critical stage”, the visit of Commerce and Industry Minister Piyush Goyal to London this week has helped in moving the negotiations forward as both the countries held discussions on various “difficult” issues, an official statement said on Wednesday.

Uzbekistan marches towards a steady democracy, economic stability with President Shavkat Mirziyoyev

IGGL) and Oil and Natural Gas Corporation Limited (ONGC) signed three hook-up agreements to connect ONGC’s Natural Gas fields with the North East Gas Grid for transportation of natural gas from Jorhat, Silchar and Tripura Assets of ONGC to the consumers. Indradhanush Gas Grid Ltd is laying a 1656 km long Natural Gas pipeline connecting the capital cities and the demand centres of all the eight north eastern states.