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BusinessCiti's investment banking revenue in India nearly doubled to $52 million, making it the top-ranked investment bank in the country. The bank helped Indian companies raise nearly $16 billion and advised on $36 billion worth of mergers and acquisitions, driven by overseas expansion and activity in the technology sector.
ET Markets·
PoliticsSecurity for Chief Election Commissioner Gyanesh Kumar has been enhanced amid protests over alleged irregularities in the Special Intensive Revision (SIR) of electoral rolls. The CISF deployed additional reserve personnel at his Delhi residence, Election Commission office, and personal security detail. His Z+ security status remains unchanged, with extra forces added as a precaution due to the ongoing opposition protests demanding his resignation.
News18··Delhi
BusinessIn the 57th GST Council meeting chaired by Finance Minister Nirmala Sitharaman in New Delhi, key decisions were made to ease compliance and support MSMEs. The council capped officers' arbitrary arrest powers and raised the minimum threshold for criminal prosecution from ₹1 crore to ₹5 crore. Notices below ₹10,000 will no longer be issued, and pending notices under this limit will be withdrawn, reducing the burden on taxpayers.
Amar Business··New Delhi
PoliticsTurkey's Foreign Minister Hakan Fidan stated that Turkey will not send troops to Yemen to fight Houthi forces despite the Mecca Joint Defence Agreement with Saudi Arabia and Pakistan. The pact is for collective defence only and does not permit offensive operations in other countries. Turkey may provide defensive and technical support, including military equipment and intelligence sharing, but will not engage in attacks inside Yemen.
Firstpost World·
SportsFormer West Indies all-rounder Dwayne Bravo believes that with the rapid improvements in batting, a 500-run score in One Day Internationals (ODIs) could soon become a practical target. He urged bowlers to enhance their skills and adopt new strategies to remain competitive in the evolving game.
News18Hi Sports·
HealthStanford researchers have introduced Orca-T, a blood cancer therapy approved by the FDA after 20 years of development. The treatment was given to its first commercial patient, a high-risk leukemia case. Orca-T reduces graft-versus-host disease risk after stem cell transplants, lowers chemotherapy needs, and decreases side effects. Future studies will explore its use for more patients.
TOI World·
ET Markets·
Citi's investment banking revenue in India nearly doubled to $52 million, making it the top-ranked investment bank in the country. The bank helped Indian companies raise nearly $16 billion and advised on $36 billion worth of mergers and acquisitions, driven by overseas expansion and activity in the technology sector.
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