Citi Financial News
29.10 / 02:23
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Citi
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International
Italy’s Turin is a chocolate lover’s dream
Subscribe to enjoy similar stories. Tucked away in the far northwest of Italy is a city where chocolate reigns. The residents of Turin have been creating—and consuming—chocolate since the 16th century, culminating in a vibrant chocolate scene that now encompasses gourmet chocolatiers, pastry shops, cafes, gelato makers and experimental chefs.
28.10 / 20:15
Citi
economy
Election
stage
politician
Headlines
Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality
British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment
28.10 / 20:15
markets
Citi
Waters
Parke
social
Destinations
Florida works to bring back tourism to its Gulf Coast following hurricanes Helene and Milton
Tourism officials on Florida’s Gulf Coast say one of the ways concerned people can help the area recover is to visit as tourists, even though some beaches are still closed to the public and debris is still piled next to streets from recent hurricanes H...
28.10 / 20:15
Citi
security
track
cover
Inside
Investigations
International
Brazil fines meatpacking companies, including giant JBS, for buying illegally raised cattle
Brazil's environmental agency levied $64 million in fines against 23 meatpacking and their suppliers companies for buying and selling cattle raised illegally on deforested land in the Amazon
28.10 / 19:55
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UPS
Citi
PAM
recommendations
Schools
Budget home threshold may be hiked to Rs 55 lakh
GoM) tasked by the Goods and Services Tax Council to look into application of GST for real estate is of the view that the definition of affordable housing be extended to Rs 55 lakh from the current Rs 45 lakh, people in the know of the matter said. If approved by the GST Council, this will likely provide a significant boost to the affordable housing sector. Currently affordable housing attracts GST of 1%, while other housing projects are levied 5%. The input tax credit (ITC) facility is not available in both cases.
28.10 / 19:55
markets
Citi
wellness
President
Experts
PAM
Schools
Trump says that schools are secretly sending children for gender-affirming surgeries; here's the truth
Former US President Donald Trump has repeatedly made false claims that the schools in US are secretly sending their children for undergoing gender affirming surgeries without having any sort of parental consent. According to CNN, during a recent discussion which took place in New York City, Donald Trump asserted that children could leave for school and return having undergone gender transition surgeries without having any sort of parent’s knowledge. CNN reported that Republican Presidential candidate Donald Trump again repeated his same claim while having an interview with Joe Regan where he suggested that these kinds of surgeries occur in schools itself. This certain narrative was first introduced by Donald Trump in late August which was eventually debunked by multiple sources including CNN as well while no one found any kind of evidence to support Donald Trump’s assertions. Also Read:Are Hugh Jackman and Sutton Foster dating? They have kept their rumored romance secret
28.10 / 17:49
markets
Citi
Digital
Manufacturing
Airlines
wellness
New Tata-Airbus aircraft complex will pave way for making civil aircraft: PM Modi
Tata-Airbus aircraft complex, that will produce the C295 military transport aircraft, can pave the way for developing and manufacturing civil aircraft to meet the needs of India and the world in the future, Prime Minister Narendra Modi said on Monday. Speaking after inaugurating the complex with his Spanish counterpart Pedro Sanchez, the Prime Minister stressed that the facility reflects the work culture of a new India and is in line with the 'Make in India, Make for the World' slogan. The complex in Vadodara will produce at least 52 of the military transport aircraft, with the first expected to be ready by 2026. Noting the growing demand of civil aircraft in India, the PM said that domestic airlines have ordered 1,200 planes in the recent past as air connectivity is being increased to hundreds of small cities as well.
28.10 / 15:19
Citi
Waves
Manufacturing
Banner
Trade
country
The leaders of India and Spain launch India's first private military aircraft plant
Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plant
28.10 / 14:43
markets
Citi
Digital
Strategy
Align
Celebrity
Department
Rain on Diwali? IMD says showers likely in Maharashtra
India Meteorological Department (IMD) has forecasted light showers in the city on October 30 and 31, aligning with the Diwali celebrations which start on October 29 and continue until November 3. Meteorologists noted that both day and night temperatures are expected to be slightly warmer than usual, with early morning mist predicted throughout the week. “An upper air circulation is anticipated over Maharashtra in the next two days, increasing moisture in areas like Madhya Maharashtra, which includes Pune,” a senior Met official explained.
28.10 / 14:21
markets
Citi
Digital
Sustainability
awards
Experts
PAM
Merlin Group executing projects worth Rs 20,000 cr, revenue to double in 7-8 years
Merlin Group, Kolkata's largest real estate developer, is currently executing projects worth Rs 20,000 crore, which are expected to double its annual revenue over the next 7-8 years, a senior official said on Monday. The announcement coincided with the unveiling of the company's new brand identity. «We have been growing steadily year on year for the past 40 years. The group is currently developing 40 million square feet that is projected to yield a total sales of Rs 20,000 crore in the coming 7-8 years,» Merlin Group managing director Saket Mohta said. The current annual revenue of Merlin Group is about Rs 1500 crore, he stated.
28.10 / 13:47
markets
Citi
Digital
PAM
social
Department
volunteers
Removed from service last year, civil defence volunteers to be deployed for pollution control
Delhi government will deploy 10,000 civil defence volunteers, who were terminated from service last year while working as bus marshals, to aid in implementing measures related to mitigation of pollution, Chief Minister Atishi said on Monday. Atishi, in a press conference, said they will be deployed alongside teams from the Municipal Corporation of Delhi (MCD), the Delhi Pollution Control Committee (DPCC), the Transport Department among others. In a meeting, officials strategised the role of civil defence volunteers and bus marshals across the city to help tackle air pollution, Atishi said.
28.10 / 12:31
markets
Citi
Target
Digital
Experts
PAM
Investigations
MUDA SCAM: ED conducts searches on former commissioners & builder in Bengaluru, Mysuru & Mandya
Bengaluru, Mandya and Mysuru as part of investigations into money-laundering arising from the alleged scam in the allotment of housing plots in Mysore Urban Development Authority (MUDA). The agency targeted builders and officials after its preliminary inquiries led the sleuths to them. Sections of political leaders had alleged the scam was worth thousands of crores while calling for high-level investigations. The ED’s Monday raids covered a builder and two former commissioners at MUDA, among others.
28.10 / 12:31
markets
UPS
Citi
Provident
Digital
Experts
PAM
Guide to smart investments on Dhanteras with today's gold price in Chennai
If one is a resident of Chennai then staying updated on the gold price today in Chennai is necessary. Gold has always been a valuable asset, offering both emotional and financial security, which makes it an attractive investment option, especially during festive seasons. Moreover, life is full of surprises, and emergencies often come unannounced. In such situations, urgent funds may be needed to cover unexpected expenses. A gold loan is one of the best funding options to meet these sudden needs. By leveraging one’s gold assets, individuals can access quick funds without selling their jewellery.
28.10 / 11:41
markets
UPS
Citi
JPMorgan
performer
Inside
Citi's London DCM bankers perplexed by "bonkers" firings
As wenoted yesterday, debt capital markets (DCM) bankers at Citi in London have been afflicted by unexpected job cuts involving Colm Rainey head of corporate and financial institutions group debt capital markets for UK & Ireland, Christian Rose, an MD in Stockholm, Santhi Athreya, head of corporate DCM for France, Belgium and Luxembourg, Bruno Sáenz de Miera, head of debt capital markets for Iberia and others.
28.10 / 10:05
markets
Citi
Digital
show
Schools
International
Destinations
Indian retail space leasing to continue momentum, likely to top 6.5-7 million sq ft in 2024
top seven cities underscoring the sustained appeal of prime locations to retailers led by rising consumption and is expected to continue the momentum until the end of this calendar year. Gross leasing of retail spaces across these cities, including Mumbai, Delhi NCR, Bengaluru, Kolkata, Chennai, Pune, and Hyderabad is projected to exceed 6.5 — 7 million sq ft by the end of 2024 after topping 5.3 million sq ft in the first three quarters ending September, showed a JLL India study. “Despite limited new retail space additions of slightly over 1 million sq. ft, the top seven cities’ robust gross leasing activity indicates retailers' strong appetite for prime retail locations. Fashion and apparel remained the top category with a 37% share, followed by food & beverage and entertainment at 18% and 12% respectively,” said Samantak Das, Chief Economist and Head of Research & REIS, India, JLL.
28.10 / 09:49
COST
UPS
Citi
Provident
Metro
pandemic
travelers
From Goa to Dharamkot: Inside the rise of co-living for India’s remote workers
Subscribe to enjoy similar stories. For India’s growing tribe of digital nomads, the lines between work and leisure are blurring, and remote co-living spaces are becoming the offices of choice. From the green farms of Goa to the Dhauladhar peaks of Dharamshala, these professionals are redefining work-life balance.
28.10 / 09:49
markets
UPS
Citi
Platform
Food
wellness
rights
ONDC jumps on quick commerce bandwagon with new pilot project
Subscribe to enjoy similar stories. The Open Network for Digital Commerce (ONDC), the government’s initiative to give customers a wider choice in the e-commerce space, is gearing up to roll out a new initiative to deliver groceries and other items within 30 minutes to two hours as quick commerce grows in popularity in the country.
28.10 / 09:11
Citi
Election
WhatsApp
Nov
President
cover
Delhi Congress to organise month-long 'Delhi Nyay Yatra' from Nov 8
Delhi Congress president Devender Yadav on Monday said a 'Delhi Nyay Yatra' will be organised next month on the lines of Rahul Gandhi's Bharat Jodo Yatra, to interact with the people of the city and learn about their issues and problems. The march will start on November 8 from Rajghat and conclude on December 4, ahead of the assembly elections in Delhi. During a launch event of the 'Delhi Nyay Yatra' at the Constitution Club here, Yadav said it will have four phases. «During the yatra, we will interact with the people of Delhi to learn about the issues and problems they have been facing for the last 10 years. The yatra will start on November 8 from Rajghat. It will have four phases and in the first phase, we will cover 16 assembly segments,» he said
28.10 / 08:51
UPS
Citi
Racing
Election
President
show
stage
Keys to a 2024 Trump rally: Dark rhetoric, jokes and ‘the weave’
Subscribe to enjoy similar stories. NEW YORK—“I’m thrilled to be back in the city I love," Donald Trump declared, taking the stage at Madison Square Garden to address thousands of his supporters at the mother of all campaign rallies. And so it was: part rock show, part revival; at once dark and grievance-laden yet often comedic and epically long.
28.10 / 07:01
UPS
Citi
security
Mobile
War
country
concert
Ukraine shakes down nightlife spots for recruits as troop numbers fall
Subscribe to enjoy similar stories. KYIV, Ukraine—Ukraine is widening its dragnet in the search for troops to shore up its creaking front lines, conducting spot checks of men at upscale venues including a concert and a wine store in Kyiv and a street of hip eateries in Odesa. The stepped-up efforts show the difficulties Ukraine faces in raising new soldiers to backfill front-line losses as the war approaches the three-year mark.
28.10 / 06:03
UPS
Citi
Election
wellness
President
stage
Features
Trump’s Madison Square Garden event features crude and racist insults
Donald Trump hosted a rally featuring crude and racist insults at New York’s Madison Square Garden Sunday, turning what his campaign had dubbed as the event where he would deliver his closing message into an illustration of what turns off his critics.
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