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Citibank announces additional Rs 200 cr aid for COVID relief efforts in India, Wells Fargo to donate USD 3 million

American banking major Citibank on Wednesday committed an additional Rs 200 crore to support COVID-19 relief measures in India. The Rs 200 crore amount will be spent over the next three financial years, and a sum of Rs 75 crore will be allocated towards immediate medical and humanitarian needs,

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Physical gold in India swings to discount as pandemic stalls demand

Physical gold in India was sold at a discount this week for the first time in 2021 as a spike in coronavirus cases prompted strict restrictions and kept buyers away. Several Indian states have run out of coronavirus vaccines as new infections surged to another daily record. "Almost every state government

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China has ‘no other choice’ but to rely on coal power for now, official says

A coal fired power plant in Jiayuguan, Gansu province, China, on Thursday, April 1, 2021.Qilai Shen | Bloomberg | Getty ImagesBEIJING — China has ambitious goals for cutting its carbon emissions, but it won't be abandoning coal power anytime soon as it keeps its eye firmly on economic targets.President

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Domino’s data breach: Credit card details of over 10 lakh Indians allegedly leaked

(This story originally appeared in on Apr 20, 2021)NEW DELHI: A data breach in the servers of Domino’s, the pizza brand, has allegedly exposed sensitive information of its Indian users, according to Israel-based cybersecurity firm, Under The Breach. The database with details of over 18 crore orders and sensitive

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Citibank to exit 13 global consumer banking markets, including India and China

Citigroup announced Thursday it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small. Citigroup will depart China, India and 11 other retail markets, where "we don't have the scale we need to compete," said

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