City Delhi Financial News

14.09 / 05:13
Fighting WhatsApp Courts Investigations Aaditya Thackeray hails Arvind Kejriwal's release; takes swipe at 'coward' Sena rebels
Shiv Sena (UBT) leader Aaditya Thackeray has welcomed Delhi Chief Minister Arvind Kejriwal's release on bail and used the occasion to take a swipe at those who split the Shiv Sena in 2022. In a post on X, Thackeray on Friday said truth prevails over politics. «Glad to see @ArvindKejriwal ji walk out and ready to fight for democracy and the Constitution again,» he said. «There are coward gaddaars who betray their own and run away, and on the other side there are those like Arvind ji who choose to fight for the truth! Satyamev Jayate!» Thackeray said in the post in a reference to the rebellion led by Maharashtra Chief Minister Eknath Shinde. Shinde brought down the Maha Vikas Aghadi (MVA) government led by Uddhav Thackeray in June 2022 and went on to become the chief minister with the support of the Bharatiya Janata Party (BJP). Ajit Pawar-led Nationalist Congress Party (NCP) also joined his government in July last year.
13.09 / 17:41
markets Death Sony RAI Justice Courts Coaching Centre deaths: Delhi HC grants interim bail to four basement co-owners
Delhi High Court on Friday granted interim bail till January 30 to four co-owners of the basement of an Old Rajinder Nagar coaching centre where three civil services aspirants drowned in July. Justice Dinesh Kumar Sharma, while pronouncing the verdict on the bail pleas of the four accused, said the relief is subject to the co-owners depositing Rs 5 crore with the Red Cross. The judge said the conduct of the co-owners is «unpardonable» and an «act of greed». In the order, a request has been made to the Lieutenant Governor to constitute a committee under a retired high court judge to ensure no coaching centre is permitted to run without permission. The authorities should also carve out a place for coaching centres in the capital, Justice Sharma added.
13.09 / 17:07
markets UPS hospital Department Schools Courts Arvind Kejriwal's release expected to accelerate Delhi govt's functioning; AAP says CM fully empowered
Supreme Court's order granting bail to Chief Minister Arvind Kejriwal is expected to accelerate the Delhi government's functioning, even as the top court imposed certain conditions for his release, officials said on Friday. AAP asserted in a statement that Kejriwal was «fully empowered» to give directions to all his ministers so that work could be done in public interest. Kejriwal heads the council of ministers and oversees all governance through the ministers of various departments, the party said in a statement. The chief minister, who had promised to implement the «Mukhya Mantri Mahila Samman Yojana» for providing a monthly honorarium of Rs 1,000 to women above 18 years, can launch the scheme ahead of the assembly polls, due early next year.
13.09 / 16:09
Racing Align WhatsApp wellness performer blues India Yamaha Motor unveils R15M with Carbon Fibre pattern at Rs 2.08 lakh
India Yamaha Motor has unveiled a new variant of its popular 155cc motorcycle R15M equipped with a Carbon Fibre Pattern graphic design at Rs 2.08 lakh (ex-showroom Delhi). Equipped with 155cc liquid-cooled engine, the R15M variant aligns with Yamaha's 'Call of the Blue' brand campaign.
13.09 / 08:30
markets Digital security Metro exclusive innovations travelers Skip lines with Delhi Metro’s new multi-journey QR ticket available now
Delhi Metro Rail Corporation (DMRC) introduced the Multiple Journey QR Ticket (MJQRT), a digital upgrade aimed at enhancing passenger convenience by replacing daily QR tickets. Starting Friday, commuters can purchase this innovative ticket. The MJQRT is a step towards eco-friendliness and cost-effectiveness compared to traditional smart cards. «This initiative marks a significant milestone as it is the first QR-based multiple-journey product launched in India,» stated a DMRC official. Available exclusively through the DMRC's Delhi Metro Sarathi (Momentum 2.0) app, MJQRT offers a streamlined way to manage multiple journeys. Users need to register on the 2.0 app and start with a minimum amount of Rs 150, which will be used for metro travel. There is no security deposit required.
13.09 / 08:22
markets Remark RAI voice Courts politician 'Jail Wala' chief minister now 'Bail Wala': BJP's Gaurav Bhatia takes jibe at Arvind Kejriwal
Bharatiya Janata Party (BJP) leader Gaurav Bhatia on Friday took a jibe at Delhi Chief Minister Arvind Kejriwal saying the 'jail wala' CM has become a 'bail wala' CM now. His remarks followed the decision by the Supreme Court today granting bail to Kejriwal in a corruption case related to the alleged excise policy scam. Speaking at a press conference on Tuesday, Bhatia said, «The Supreme Court has shown a mirror to 'kattar beimaan' AAP convenor Arvind Kejriwal once again… He has got conditional bail… The 'jail wala' CM is now a 'bail wala' CM.»
13.09 / 07:59
markets Election RAI Courts SC grants bail to Arvind Kejriwal: A timeline of Delhi CM's arrests, bail pleas in Delhi excise policy case
Supreme Court on Friday granted bail to Delhi Chief Minister Arvind Kejriwal in the ongoing excise policy case. A two-judge bench, consisting of Justice Surya Kant and Justice Ujjal Bhuyan, delivered its verdict after hearing Kejriwal's plea seeking bail and challenging his arrest by the CBI in the excise policy 'scam'. Read more: 'Caged parrot': SC slams CBI over Arvind Kerjiwal's 'unjustified' arrest in Delhi excise case
13.09 / 06:59
markets Election reports Courts Investigations SC grants bail to Delhi CM Arvind Kejriwal in Excise Policy Scam ahead of key elections
Delhi chief minister Arvind Kejriwal in the alleged excise policy scam. The decision came while the SC bench was announcing verdict on Kejriwal's plea seeking bail and challenging arrest by Central Bureau of Investigation (CBI). The two-judge bench, comprising Justices Surya Kant and Ujjal Bhuyan, had reserved the order on September 5, after the hearing was concluded. The AAP chief was arrested by the CBI on June 26. The bench, however, applied a few conditions before releasing the Aam Aadmi Party supremo. While reading out the judgment, Justice Surya Kant said, «We direct Arvind Kejriwal to be released on bail subject to bail bonds of Rs 10 lakhs.»
13.09 / 02:18
markets wellness reports travelers Department Traffic Heavy rain hits Delhi-NCR, waterlogging adds to traffic woes; IMD issues orange alert for national capital
traffic disruptions. The Meteorological Department has issued an orange alert for the next 24 hours, advising residents to «be prepared» for severe weather. This alert warns of possible disruptions in transport, including rail, road, and air travel, as well as potential power outages. The meteorological department forecasts light to heavy rain continuing in Delhi, with cloudy skies expected on Friday. The maximum temperature will be around 31°C, and the minimum will hover around 21°C. Winds are expected to blow at 25 to 35 km/h. While the rainfall will continue, it is expected to get lighter by the weekend. No rain is forecast from September 15-17, with only light rain expected on September 18.
12.09 / 17:31
markets Citi Fighting Election Inside Ahead of assembly polls, Smriti Irani's activities in Delhi create buzz in BJP
Smriti Irani in BJP activities in Delhi has created a buzz within the party's city unit over her possible «role» in local politics ahead of next year's assembly elections. Born and raised in Delhi, the former Union minister has been actively involved in programmes related to the party's membership drive in the city that was launched on September 2. She has been assigned «supervision» of the membership drive in seven out of the Delhi BJP's 14 district units, party leaders said. Party insiders also claimed Irani had purchased a house in south Delhi, hinting at her further involvement in the city unit's activities.
12.09 / 15:27
markets Aviat Airlines Sustainability country inclusion travelers Air travel in India has become inclusive than being exclusive, says Prime Minister Modi
Narendra Modi said. “There was a time when air travel was only reserved for the elite in India. It was limited to big cities but the middle and poor class never could use this. But today, lot of common people are flying from tier 2 and tier 3 cities,” Modi said while addressing the second Asia Pacific Ministerial Conference on Civil Aviation Thursday. The Prime Minister also announced the unanimous passing of the Delhi Declaration under which the countries agreed to work together to enhance regional cooperation, addressing emerging challenges, and fostering sustainable growth within the civil aviation sector.
12.09 / 14:51
markets Citi Digital Manufacturing trends Experts reports Domestic firms expected to lease 65 million-sq-feet in significant shift for Indian office market
Indian office market is experiencing a notable shift, with domestic companies projected to lease 60-65 million square feet of office space between 2024-2025, a significant departure from the historical dominance of global corporations, particularly those from the United States, mentioned CBRE. Domestic firms saw a substantial 60% increase in office space absorption in the last two years, compared to the pre-pandemic years of 2018-2019. These firms have accounted for nearly 47% of overall office leasing activity in the last decade, with Delhi-NCR leading the way, followed by Bengaluru and Mumbai. According to the report, cities like Bengaluru and Hyderabad saw increased occupancy by e-commerce and life sciences firms, respectively, reflecting their strong growth trajectories. Further, Mumbai emerged prominently with a 43% share of domestic BFSI leasing, bolstered by substantial contributions from Delhi-NCR and Chennai during 2018 – H1 2024.
12.09 / 10:59
markets Waters Death reports Courts Investigations Coaching centre deaths: Delhi HC asks CBI to state reason behind waterlogging
CBI to inform it the reason behind the heavy waterlogging in Old Rajinder Nagar on July 27 when three civil services aspirants died after drowning in a flooded coaching basement. The co-owners of the basement — Parvinder Singh, Tajinder Singh, Harvinder Singh and Sarbjit Singh — had moved the high court last month for bail on the ground that they are merely the landlords of the basement which was let out on rental basis to the coaching centre and, therefore, they had no role whatsoever in the unfortunate event. «What was the reason on that day? Delhi has witnessed heavy downpours. Why so much waterlogging on that day? Was it the rain or something else,» questioned Justice Dinesh Kumar Sharma while hearing the bail pleas of the jailed co-owners of the basement.
12.09 / 09:57
markets wellness RAI Justice information Courts Delhi HC asks Puja Khedkar to respond to UPSC's plea seeking perjury proceedings against her
Indian Administrative Service (IAS) officer Puja Khedkar's response on a plea by the Union Public Service Commission (UPSC) seeking initiation of perjury proceedings against her for allegedly giving false statement and affidavit in the court. Justice Jyoti Singh issued notice to Khedkar on the UPSC's application and granted her three weeks to file reply to it. The court listed the matter for further hearing on November 26. The UPSC contended that the July 31 communication by which Khedkar's candidature was cancelled was communicated to her on her registered email id the same day. It said it was the same email id, which was registered in her online application for the Civil Service Program (CSP) 2022.
12.09 / 09:02
markets Provident Platform WhatsApp Justice Courts Courtroom humour reels go live: Delhi HC launches ‘Humour in Court’ to share witty, memorable moments online
Humour in Court" on its official website. This section is designed to collect and share witty and memorable exchanges from courtrooms, offering an alternative glimpse into the typically serious environment of legal proceedings. The initiative was launched by Acting Chief Justice Manmohan, alongside two other innovative services—the Delhi High Court WhatsApp Services and the Delhi High Court e-Museum. Justice Rajiv Shakdher, who chairs the IT, AI, and Accessibility Committee, emphasized the significance of maintaining a lighter atmosphere in courtrooms. He noted that humor often emerges in legal proceedings and can offer a welcome break from the intense formality that often surrounds court cases. “This project is very close to my heart. Often, the history of times is revealed and recorded through these anecdotes. The judges who sat and the great lawyers who argued the matter are often recorded by way of these anecdotes," said Justice Shakdher during the launch. Justice Shakdher further explained that the platform would allow users to share courtroom anecdotes, provided they adhere to standard operating procedures (SOPs). He stressed that the anecdotes should not name individuals and must remain within boundaries of decency. “We need not be very sensitive and need to learn to laugh at ourselves,” he added, hinting at the need for both lawyers and judges to embrace the occasional levity of courtroom exchanges. He also mentioned that he had considered naming the initiative the «funny bone committee.»
12.09 / 05:09
markets UPS FIVE Manufacturing Strategy Schools Carrier aims to repeat its China 'localization' strategy in India: Saif Siddiqui
Air conditioning company Carrier wants to repeat its China playbook in India by adopting a similar strategy, according to a top executive. “Our strategy is to be in India for the long run,” said Saif Siddiqui, president-APAC at Carrier. “We have been in India for 40 years. We have been in China for many, many decades. We have localised to a large extent in China. In fact, the playbook we are talking in India, we have lived it in China in terms of supplier ecosystem localisation and investing in both R&D and manufacturing to get ourselves the local market.” The Florida-based company plans to invest $800 million in India in the next five years, topping up a $1 billion investment made over the past decade, chief executive officer David Gitlin had told ET in October.
12.09 / 03:16
markets Digital Election RAI stars Haryana polls: AAP announces 89 candidates as alliance talks with Congress fails
Haryana polls after it failed to strike an alliance with INDIA bloc member Congress. With the sixth list, the party has now announced 89 candidates for 90-members assembly. Previously on Wednesday, AAP released its fourth list of 21 candidates for the upcoming Haryana Assembly elections. AAP has so far declared 61 candidates for the 90-member assembly.
11.09 / 19:09
markets COST UPS Interface Trade India-UAE IMEEC gets a leg up during Abu Dhabi Crown Prince visit
MAITRI interface on Tuesday will facilitate VTC under the framework agreement between India and the UAE on the India-Middle East-Europe Economic Corridor (IMEEC). The Virtual Trade Corridor (VTC) will be an integral part of IMEEC. Benefits of VTC include reduction of administrative processes and time, reduction of logistics and transport costs, and enhancing ease of doing business . MAITRI is a Master Application for International Trade and Regulatory Interface that integrates multiple Indian operational portals to facilitate interfacing with UAE portals.
11.09 / 18:37
Bill Experts Justice show Department Courts Investigations SC to decide fate of ₹20,000-23,000 crore of tax notices dating back 18 years
₹23,000 crore and hanging fire for 18 years are finally set to have their fate decided by the Supreme Court in a sticky legal battle that will decide whether the Department of Revenue Intelligence has the power to issue such notices. The apex court has begun hearings following a government petition to review its own ruling, delivered in 2021, that clipped the DRI's powers to issue notices. A three-judge bench comprising Chief Justice D.Y.
11.09 / 18:20
Blockchain Target Bitcoin cricket Scammers Exploit Delhi Capitals’ X Account to Promote Fraudulent HACKER Token
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
11.09 / 15:54
markets Digital Election President RAI AAP announces 21 more candidates for Haryana polls
Haryana Assembly elections. AAP has so far declared 61 candidates for the 90-member assembly. Among the candidates announced on Wednesday are Raj Kaur Gill from Ambala Cantonment, Lalit Tyagi from Yamunanagar, Joga Singh from Ladwa, Satbir Goyat from Kithal, Sunil Bindal from Karnal, and Sukhbir Malik from Painpat Rural. The other names in the list include Saroj Bala Rathi from Ganaur, Devender Gautam from Sonipat, Shiv Kumar Rangeela from Gohana, Sandeep Malik from Baroda, Kavita Dalal from Julana, Nisha Deshwal from Safidon, Sukhwinder Singh Gill from Tohana, Jasdev Nikka from Kalanwali, Sham Mehta from Sirsa, Narender Uklana from Uklana, Rajiv Pali from Narnaund, Rajender Sorkhi from

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