Citi Financial News

18.02 / 00:53

markets Citi Target Booking Platform Align Sustainability Stable Money raises $25 million led by Peak XV, targets tier-2 expansion

Subscribe to enjoy similar stories. MUMBAI: Stable Money, an Indian platform allowing users to book fixed-income assets, has raised $25 million in a pre-Series C funding round, valuing the Bengaluru-based fintech startup at $175 million, at a time when Indian fintechs are under pressure to build more sustainable business models Peak XV Partners led the all-equity round with a $20 million investment, Saurabh Jain, co-founder of Stable Money, told Mint. Existing backers Z47, RTP Global, and the Fundamentum Partnership, co-founded by Infosys Ltd chairman Nandan Nilekani, also participated.

17.02 / 10:33

Citi Software Research consequences 2020 travelers Regulation please: AI doing its own medical research entails the risk of putting human lives in danger

Subscribe to enjoy similar stories. Early in 2020, as cities around the world began locking down in response to covid, a few researchers were still able to continue to run their experiments. Even though they, like everyone else, had been prohibited from entering their labs, they were able to log into ‘cloud laboratories’ and submit their trials remotely, leaving it to robotic arms and automated instruments to execute their instructions from a distance.

16.02 / 11:03

markets UPS Citi BLOCK Food reports Investigations Millions face starvation in Congo. Their new rulers are to blame.

Subscribe to enjoy similar stories. KAMPALA, Uganda—Ten million people face hunger in the Democratic Republic of Congo’s east, and it isn’t because there is no food to be had. It is largely because people can’t get what food there is.

16.02 / 09:55

markets Citi economy concert innovations Schools Think America’s economy is unfair? The US upper middle class is to blame, not its billionaires

Subscribe to enjoy similar stories. Billionaires are now Public Enemy No. 1 in America.

16.02 / 01:11

UPS Citi Digital Platform RAI Schools Private banks up the ante on campus hiring in hunt for niche, tech expertise

Subscribe to enjoy similar stories. MUMBAI : The banking hiring cycle has turned, as India’s top campuses are feeling the momentum again and premier engineering and business schools are humming. In the hushed corridors of the Indian Institute of Technology (IIT) campuses and the polished atriums of top business schools, recruiters from private lenders and foreign banks are back in force, testing and interviewing candidates, and handing out offer letters to the best fits.

15.02 / 13:17

UPS Citi Inside fun Olympics stars Sporting Faster, higher, stronger—and way more fun. The Olympics are back.

Subscribe to enjoy similar stories. MILAN—For an entire decade, the Olympics couldn’t stop getting it wrong. The Games were held in the middle of autocracies, the middle of pandemics and the middle of nowhere.

15.02 / 13:17

COST UPS Citi SpaceX War blues Bezos vs. Musk: The new billionaire battle for the Moon

Subscribe to enjoy similar stories. The contest between Elon Musk and Jeff Bezos is only going to get more heated now that the two are directly competing for the moon. After years of charting a path to Mars, Musk surprisingly announced this past week that SpaceX is pivoting to the moon, where he wants to build a “self-growing city." That puts him in the same space camp as rival Bezos, who has bet that focusing on the moon would give his rocket company, Blue Origin, an advantage.

14.02 / 01:59

Citi Target Gap Compilation wellness Trade cover The week in charts: FPIs are back, net zero investment gap, rewiring crude purchases

Subscribe to enjoy similar stories. From foreign portfolio investments (FPI) making a come back to India in February after the trade deal framework with the US, to India already diversifying its crude oil import sources, Niti Aayog flagging the projected gap in investments to achieve the net-zero carbon emission target by 2070, and easing unemployment in India—here’s a compilation of this week’s news in numbers.Inflows return February is turning out to be a positive month for foreign portfolio investments (FPIs) in Indian equities as the country saw ₹18,771 crore worth of inflows until 12 February. This follows a sombre period of consistent outflows, with FPIs pulling out ₹62,000 crore in the previous three months.

13.02 / 13:41

UPS Citi Strategy economy Department recommendations Traffic Mint Explainer | Why Niti Aayog recommends congestion pricing to discourage excess usage of private vehicles

Subscribe to enjoy similar stories. NEW DELHI: A Niti Aayog study on decarbonizing India's transport sector published earlier this week called for congestion pricing to disincentivize private vehicle ownership. Congestion pricing is a strategy to charge vehicle drivers a fee to enter high-traffic urban areas during peak hours.

13.02 / 07:47

UPS Citi Citizens Waters Election country reports India’s booming economy can’t fix its cities—because no one’s in charge

Subscribe to enjoy similar stories. India is getting richer every year, but its cities don’t seem to be getting any more livable. Not because the country is too poor, or because leaders lack ambition, but because urban citizens are starved of funds and deprived of representation.

12.02 / 15:09

markets UPS Citi economy strain The demand for bonds is insatiable. Even risky borrowers are reaping the benefits.

Subscribe to enjoy similar stories. A new AI borrowing frenzy and lingering fears about potential defaults haven’t deterred investors hungry for bonds from U.S. companies, states and cities.

12.02 / 11:51

UPS Citi Career stage information Schools Parents, clock out: Tiger parenting once children turn into adults could smother their careers

Subscribe to enjoy similar stories. There is little that beats the security of a parental nest. The knowledge that there exists a fallback option in a parent or two at home who will rush to protect you—and even fight for you—is a safety blanket that upwardly mobile young employees are refusing to let go of.

12.02 / 11:51

Citi Enterprise Parke Metro Food Traffic Interviews Airport shopping spree: High-spending passengers are making Adani's airports richer than ever

Subscribe to enjoy similar stories. Mumbai: With affluent flyers buying food, chocolates, perfumes and duty-free liquor, Adani Airport Holdings Ltd made more incremental income from its non-aeronautical business than from its mainstay of managing air traffic during the first nine months of FY26. Aero income of the Adani Group company, which is the biggest private airport operator, grew by over a fifth year-on-year to ₹3,495 crore during the first nine months of FY26.

12.02 / 06:27

UPS Citi Metro travelers Schools Colleges New income-tax rules may revive interest in old regime for high-income salaried taxpayers

Subscribe to enjoy similar stories. As part of the Income Tax Rules, 2026, notified last week, the government has proposed three key changes that may tilt the needle towards the old tax regime again. First, the children’s education allowance exemption is to be increased sharply from a token ₹100 per month per child to ₹3,000 per month per child.

12.02 / 00:35

markets COST Citi security Highways Cycling testing Mahindra, Tata win emission test relief for light commercial vehicles even as small car tussle continues

Subscribe to enjoy similar stories. NEW DELHI : Mahindra and Mahindra Ltd (M&M) and Tata Motors Ltd secured an early win in emission testing rules for light commercial vehicles, even as they oppose Maruti Suzuki India Ltd.’s demand for relief for small cars under the separate fuel-efficiency norms.

11.02 / 05:37

markets Citi Digital Food Healthcare track Headlines India's CPI overhaul: What the new basket reveals about how we spend today

Subscribe to enjoy similar stories. India’s Consumer Price Index (CPI) is finally getting a reset. On Thursday, the statistics ministry will roll out a revised CPI series with a new 2024 base year, replacing the 2012 base year that has measured inflation prints for over a decade.

11.02 / 02:45

Citi Provident Hallmark folk information rights Revise India’s income tax rules for simplicity as proposed but don’t let evasion get easier

Subscribe to enjoy similar stories. The draft income tax rules released by India’s government for public comments are a marked improvement on what’s currently in force. For one, the number of rules and forms will almost be halved.

10.02 / 15:07

markets UPS Citi country reports Bengaluru's Sattva Group enters Mumbai with ₹11,000 crore redevelopment push

Subscribe to enjoy similar stories. BENGALURU : City-based real estate company Sattva Group has entered the Mumbai Metropolitan Region (MMR) property market with six residential and commercial redevelopment projects spanning over 8 million sq ft area. The projects are located in micro-markets across MMR—in Parel (Sewri), Prabhadevi, Goregaon East, Vile Parle East, Powai and near Bandra Kurla Complex (BKC).

10.02 / 12:13

markets UPS Citi Parke wellness country Destinations Residential real estate: Decoding why 500075 in Hyderabad is India’s bestselling pincode

Subscribe to enjoy similar stories. Hyderabad: Giant mounds of broken black stones and rocks, typical of the Deccan Plateau region, lie by the side of the eight-lane Nehru Outer Ring Road in Hyderabad. The tips of tall towers that are being built and yellow construction cranes are visible from afar.

10.02 / 05:25

Citi Metro Simulation consequences reports rights Headlines India’s new tax law simplifies compliance but complicates salaried tax choices

Subscribe to enjoy similar stories. Tax simplification should make us happy. After all, who wants a complicated tax law? That is precisely what the government set out to do by introducing the Income-tax Act, 2025—effectively a rewrite of the six-decade-old Income-tax Act, 1961 using clearer language and better-organized sections.

10.02 / 04:09

Citi Entertainment Mobile economy show concert travelers Orange is the new black: Why India is betting big on the ‘orange economy’

Subscribe to enjoy similar stories. The economic survey and the budget underscored the importance of India’s “orange economy", explicitly acknowledging its potential as an engine of growth. Budget 2026 proposed an outlay of ₹250 crore for talent development in the animation, visual effects, gaming and comics (AVGC), which can be classified as “orange economy" sectors.

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