City Delhi Financial News

Union Budget being passed in Parliament, Andhra Pradesh chief minister N Chandrababu Naidu is on a two-day visit to Delhi to push for early implementation of the promises made to his state in the Budget. Naidu met Prime Minister Narendra Modi, home minister Amit Shah and finance minister Nirmala Sitharaman on Saturday. Naidu, whose Telugu Desam Party (TDP) provides the vital numerical support of 16 MPs to National Democratic Alliance (NDA), is expected to raise the issue of Central support for Polavaram irrigation project and development of Amravati as state capital. Naidu met Jal Shakti minister C R Patil on Saturday to discuss Polavaram project. Naidu also visited the civil aviation ministry to take stock of the various airports under developments and improvement of air connectivity in Andhra Pradesh.

NIRF rankers IIT Delhi and Anna University, receiving GST show cause notices worth several crores over the last few days on their past research funding, the Union Education ministry is learnt to have stepped into the picture. ET has learnt that the ministry is closely examining the issue and may soon escalate the matter to the Finance Ministry and GST Council for reconsideration. IIT Delhi and Anna University apart, several state and deemed universities are among institutes that have received show cause notices earlier this week from the Directorate General of Goods and Services Tax (GST) Intelligence. Most institutes have been asked to respond to the notice within a month, failing which action would be taken against them.

Manish Sisodia as part of his 'Padyatra' campaign met people of his Patparganj constituency on Saturday, and alleged the BJP's "conspiracy" to keep him in jail till the Delhi Assembly polls failed due to the blessings of Lord Hanuman. The former deputy CM of Delhi, without naming any party leaders, said the central government agencies registered such cases against him and Kejriwal that are registered against terrorists and drug mafia. «I have come among my brothers and sisters of Patparganj after 17 months. They (BJP) tried to keep me in jail somehow in fake cases till Delhi Assembly polls. But due to the blessings of Bajrangbali and Ram ji, their conspiracies failed,» Sisodia said addressing a gathering of people. He said AAP convenor and Delhi Chief Minister Arvind Kejriwal too will be out of prison.

doctors' strike over the alleged rape and killing of one of their colleagues in a Kolkata hospital is gaining momentum as major private hospitals in Delhi joined the protest on Friday, shutting down their OPDs, elective surgeries and IPD services. Resident doctors in the capital have been on an indefinite strike since Monday. As the strike entered its sixth day on Friday, private hospitals also joined the protest alongside government hospitals. Hospitals like Sir Ganga Ram, Fortis and Apollo have halted their OPD, elective surgeries and IPD services. Dr Ajay Swaroop, chairman of the Board of Management at Sir Ganga Ram Hospital, said, «We have declared a complete shutdown of OPD, elective OTs and IPD work. Unfortunately, I believe that protests and discontinuation of duties have now become necessary to pressure the authorities and expedite the investigation process, so that justice is not delayed.»

Pro Kabaddi League (PKL) franchises spent Rs 33.7 crore on the 20 most sought-after Kabaddi players during the Season 11 Player Auction. The franchises spent Rs 17.7 crore on the first day of the auction on August 15, followed by Rs 16 crore the next day. Bengal Warriorz spent Rs 4.90 crore during the auction, followed by Bengaluru Bulls (Rs 4.94 crore), Dabang Delhi K.C. (Rs 4.12 crore), Gujarat Giants (Rs 4.93 crore), Haryana Steelers (Rs 4.99 Crore), Jaipur Pink Panthers (Rs 4.86 Crore), Patna Pirates (Rs 4.64 Crore), Puneri Paltan (Rs 4.67 Crore), Tamil Thalaivas (Rs 4.96 Crore), Telugu Titans (Rs 4.68 crore), U Mumba (Rs 4.91 crore), and UP Yoddhas (Rs 4.87 crore). In Category, Tamil Thalaivas and Haryana Steelers acquired Sachin and Mohammadreza Shadloui Chiyaneh for over Rs 2 crore, making Chiyaneh the first international player to earn over Rs 2 crore in consecutive years.

‘I am bored’ need not make parents recoil in horror Take, for instance, the Arthshila centres, run by the Takshila Foundation, which is helmed by the father-daughter duo of Sanjiv Kumar and Setika Singh. Envisaged as an immersive platform for artistic expression and creative experiences for people of all age groups, Arthshila has centres in Ahmedabad and Santiniketan, launched in 2021 and 2022, respectively, besides one other in Delhi, which was launched in January. These are open spaces, with curated programmes across disciplines, that hope to democratise art.

Moreover, the Ministry requested the agitating doctors to resume their duties in the larger public interest and in view of the rising cases of Dengue and Malaria. «The representatives of Federation of Resident Doctors Association (FORDA), Indian Medical Association (IMA) and Resident Doctors’ Associations of Governmental Medical Colleges & Hospitals of Delhi met the Ministry in the aftermath of the incident against a resident doctor in RG Kar Medical College and Hospital, Kolkata.»

Central Protection Act. Their demonstrations took place at various locations, culminating in a massive protest at the office of the Union Health Minister, at Nirman Bhawan. Read More: Bomb threat in Ambience Mall Gurgaon Out-patient services were disrupted in most of the city's hospitals on Friday, with doctors threatening to escalate their protests by shutting down emergency services if their demands were not met.

The industries department of the Delhi government has also collected feedback from stakeholders and the general public on three policies — Delhi Electronic System Design, Manufacturing and Refurbishment (ESDMR) Policy 2022-27, City Logistics Policy, and Industrial and Economic Development Policy 2023–33. This feedback will also be shared with the cabinet as and when it meets, sources told ToI. “We are ready with our draft proposal. We will start rolling them out once we get approval from the cabinet and the policies are notified,” said a Delhi govt official.

JP Nadda, chaired the BJP's General Secretary meeting at his residence in Delhi, following the announcement of election dates in Jammu and Kashmir and Haryana by the Election Commission of India on Friday. The meeting was attended by the BJP's national general secretaries to discuss the effective functioning of the NDA alliance. The meeting also saw the presence of national general secretaries of the NDA. Earlier, JP Nadda attended a meeting with the Jammu and Kashmir Bharatiya Janata Party, along with Union Minister and J-K Election Incharge G Kishan Reddy and Tarun Chugh, National General Secretary and J-K Prabhari, to constitute an election committee for the Union Territory of Jammu and Kashmir for the upcoming assembly elections.

Haryana Assembly elections, Prime Minister Narendra Modi led a high-level meeting convened by the Bharatiya Janata Party's (BJP) central leadership in Delhi on Friday. The meeting focused on the party's strategy for the upcoming election in the northern state. BJP National President JP Nadda, Union Defence Minister Rajnath Singh, Union Home Minister Amit Shah, and Haryana Chief Minister Manohar Lal Khattar were present at the meeting.

Golden Growth Fund (GGF), a category-II alternative investment fund, is looking to raise ₹400 crore to deploy it in land acquisition in South Delhi and develop luxury floors. It has closed the first round of fundraising and also acquired a land parcel in South Delhi's upscale Anand Niketan residential colony. Since Delhi is primarily a market with low-rise buildings, local builders redevelop the property and sell the floors independently for as high as ₹30 crore each.

Retailers Association of India (RAI) have urged the Delhi government and Municipal Corporation of Delhi (MCD), to reconsider the prohibitive signage fees currently being imposed in Delhi and the National Capital Region (NCR). These fees are significantly higher than those in other parts of India, placing a heavy financial burden on small and medium retail traders who rely on store signage to attract customers. RAI, representing approximately 13,667 member establishments nationwide, including large and small retailers, is committed to fostering a supportive environment for the growth of modern retail in India. The current signage fees in Delhi NCR, particularly in areas such as Janakpuri, are making it increasingly difficult for retailers to afford the necessary signage that highlights their stores to the public.

The Nirman Bhawan, located near Parliament in Lutyens' Delhi, houses the Ministry of Health besides other departments. Resident doctors are standing on the side of the road outside Nirman Bhawan, with a heavy presence of police officers who have placed barricades on both sides of the road.

baolis that once populated Delhi. Inside, it feels like you are walking through time as a map showcases Delhi’s 2,500-year-old history. Visitors can see architectural models of monuments such as the Nila Gumbad, which sits in the middle of a busy traffic intersection a few yards from the Humayun’s Tomb complex.

WHO declares Mpox a global public health emergency; ‘coordinated international response essential,’ says DG Tedros Mpox is a self-limiting viral zoonotic infection (spreading between animals and humans) with symptoms like smallpox, but with less clinical severity. It causes painful skin lesions, fever, headaches and muscle aches. Human-to-human transmission occurs mainly through large respiratory droplets requiring prolonged close contact.

assembly elections in Jammu and Kashmir and Haryana. The elections in J&K will be held in three phases starting from September 20. In Haryana, the elections will be held on October 1. The results will be out on October 4 for J&K and Haryana. While many anticipated that Chief Election Commissioner Rajiv Kumar would announce the schedule for the Maharashtra elections as well, he explained why this wasn’t the case. He said, Maharashtra elections will be announced later due to security requirements for Jammu and Kashmir. «In the past, Maharashtra and Haryana Assembly elections were held together, and at that time, Jammu and Kashmir was not a factor. This year, however, we have four elections to manage initially—J&K, Haryana, Maharashtra, Jharkhand—and a fifth one shortly after in Delhi.»

WFI in its present form and prevent it from undertaking any activity as a national federation for the sport. While passing the interim order on the plea by celebrated wrestlers Bajrang Punia, Vinesh Phogat, Sakshi Malik and her husband Satyawart Kadian, Justice Sachin Datta said it was open to the Indian Olympic Association (IOA) re-constituting the committee. The wrestlers, who were at the forefront of last year's protest at Jantar Mantar demanding the arrest of outgoing Wrestling Federation of India (WFI) chief Brij Bhushan Sharan Singh for alleged sexual harassment of seven women grapplers, had moved the high court earlier this year for setting aside and declaring as illegal the elections held to elect the office bearers of the federation held in December. Sanjay Singh, a Brij Bhushan loyalist, was elected the new WFI chief in the polls held on December 21, 2023.

Mint. “We see potential for at least 20-25 airports, including those in metros, to become hub airports," one of them said.

BSA made its debut in India on Thursday with the launch of 652-cc Gold Star 650 model at a starting price of Rs 2.99 lakh (ex-showroom Delhi). One of the oldest motorcycle companies in the world, Birmingham Small Arms Company (BSA), was acquired by the Mahindra group's premium motorcycles arm Classic Legends in 2016. Classic Legends sells Jawa and Yezdi motorcycles in the country. The BSA Gold Star 650, which made a comeback in the UK in 2021, is currently being sold in Europe, Turkey, New Zealand, and the Philippines.

Retailers and brands said there has been a 5-10% growth in sales during the Independence period sales this year as compared to last, driven by improvement in sentiments, premiumisation with a marginal recovery in volume or number of units sold for categories like smartphones and laptops, industry executives said. While consumers lapped up premium products in cities and large towns continuing the trend of the last three years, demand in rural areas continued to be muted this month. “Consumer sentiment appears to have improved a bit more than what it was for the rest of the year. We expect 5-10% growth in sales while volume wise there might be an improvement only in the grab and go categories like mobile phones and laptops,” said Nilesh Gupta, director at Vijay Sales, a leading consumer electronic retail chain in Delhi-NCR, Mumbai and Ahmedabad.