City Delhi Financial News

YSRCP) will bring the issue of post-poll violence in Andhra Pradesh to Delhi this week. The Opposition party, which was recently routed in Assembly and Lok Sabha elections in Andhra Pradesh, has accused the ruling Telugu Desam Party (TDP) of targeting YSRCP cadres and elected representatives – a charge that TDP has refuted. Former chief minister and YSRCP chief Y S Jagan Mohan Reddy will be in the capital on Tuesday and has sought time with President Draupadi Murmu, Prime Minister Narendra Modi and home minister Amit Shah. On Wednesday, Reddy will hold a protest against the violence with his party MPs, MLAs and corporators. YSRCP has invited all political parties, including Congress and BJP, to come out in support. The party will also hold an exhibition of photographs and videos of people affected by violence at India International Centre (IIC). Speaking to ET, YSRCP’s Rajya Sabha MP V Vijaysai Reddy said, “There is a complete breakdown of law and order in the state. It is a fit case for imposition of President’s rule. There have been 1,050 assaults, 31 murders and 300 attempted murders including the brutal murder of YSRCP youth worker in the state over the last 45 days of TDP-Jana Sena government’s rule.” The protest follows a brutal incident where a YSRCP youth wing worker was brutally hacked to death in Vinukonda.

Education Minister Atishi has sanctioned the release of Rs 100 crore for the financial year's second quarter to fund 12 Delhi University colleges. This amount represents the second instalment of the Delhi government's financial commitment to the colleges. According to a statement issued on Sunday, the Delhi government has allocated a budget of Rs 400 crore for 12 colleges for the fiscal year 2024-25. Atishi gave her nod to release the second instalment for the 12 colleges funded by the Delhi government.

inaugural ceremony of the 46th session of the World Heritage Committee got underway at the Bharat Mandapam here on Sunday evening in the presence of Prime Minister Narendra Modi and Director General of UNESCO Audrey Azoulay. India is hosting the key event of the UNESCO for the first time from July 21 to July 31. Modi will shortly inaugurate the session.

Kanwar Yatra 2024, which is scheduled to start on Monday, Senior Superintendent of Police (SSP) Haridwar Parmendra Dobhal said that the entire Kanwar Mela area has been divided into 14 super zones and 35 zones. He said that over 5,500 police personnel have been deployed in this Kanwar Mela, and apart from this, a plan for route diversion has also been kept in it for crowd management. Speaking exclusively to ANI, the SSP said, «Police officers have been deployed in 132 sectors, which include central security forces as well as police officers. Police is ready for traffic control and crowd management.

: Comptroller and Auditor General of India (CAG) Girish Chandra Murmu has said Artificial Intelligence (AI) has arrived and the Supreme Audit Institution (SAI) is taking advantage of new technologies in improving the quality of public expenditure. «As it develops, we will develop ourselves accordingly. Whatever challenges are there we will try and overcome. We will follow global experiences and practices related to this and share our own to them,» Murmu told PTI. Recently, he said, «We have signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Delhi for leveraging AI and other emerging technologies for the advancement of audit practices.» With the rapid advancement of AI, machine learning, and data analytics, traditional methodologies are being redefined, offering unprecedented opportunities for innovation and efficiency, he said.

Aam Aadmi Party Rajya Sabha MP Sanjay Singh on Sunday accused BJP of «messing» with the health of Delhi Chief Minister Arvind Kejriwal, who is lodged in Tihar jail. Addressing a press conference, Singh said that Kejriwal's medical report shows that anything can happen to him anytime. «The BJP is messing with Kejriwal's health. Initially, they were saying that he is eating sweets and trying to spike his sugar levels but now they are saying that he has reduced his food intake. Why will someone do this and pose a threat to their own life?» Singh said.

BJP's local unit in Meerut, the district administration requested the removal of award-winning Urdu poetess Shabeena Adeeb from the list of invitees to the renowned 'All India Mushaira,' citing «law and order issues.» The decision was made on the eve of the event. Members of the ruling party in Meerut had accused Adeeb of making «anti-Modi and anti-Yogi remarks» in the past, and her support for anti-CAA protesters in Delhi's Shaheen Bagh locality reportedly aggravated their concerns. BJP district president Suresh Jain Rituraj told TOI, «A controversial video of Adeeb has emerged, leading us to suspect that her presence could pose a threat to the law and order situation in Meerut. We communicated our concerns to the administration, and they acted to prevent her attendance.» Chief Development Officer (CDO) Nupur Goel stated, «If the presence of an individual creates a law and order problem, we must address it.»

electronics manufacturing sector will need more than 63 lakh trained shop-floor workers, purchasing managers and engineers in the next 18 to 24 months, across varied roles in equipment service, integration and middleware departments. Some of this demand will be fulfilled within the industry, as people move to greener pastures in search of better jobs and salaries. But most of the requirements will need to be fulfilled by freshers and college graduates.

Truman Capote. Dharamvir Bharati comes close with his deft handling of narrative nooks and crannies, most evident in his 1952 short novel 'Suraj ka Satvan Ghoda'. But Capote is still better, because he was self-taught. Born dirt poor in the American South, he was raised by two maiden aunts in Alabama and had one close friend in childhood, Harper Lee, who too would grow up to be a prominent novelist. In Lee's 1960 classic, To Kill a Mockingbird, Capote appears as the character, Dill. In the late 50s and early 60s, when Capote was writing In Cold Blood, Lee offered to be his research assistant and minder when they were in Kansas following the Clutter family murder trials on which the book is based. The 2005 movie Capote, with the late Philip Seymour Hoffman in the eponymous role, captures the relationship wonderfully. While Capote never fully acknowledged Lee's role in the book, many of her observations about town folk, their routines and prejudices made In Cold Blood the true crime classic it is.

Lalit Bhasin, an independent director at Godfrey Phillips, has refuted allegations made against him by Samir Modi, a promoter and board member of the tobacco company. Samir Modi claimed that he was assaulted at a board meeting in May at the behest of other directors, including his mother Bina Modi and Bhasin. «This is something personal. Defamatory, libellous, outrageous allegations have been made against me,» Bhasin told ET.

Surendra Singh Ahluwalia was acquitted in a 37-year-old corruption case by special judge Anil Antil on July 12, reported TOI. «Delay by any stakeholder or cog in the dispensation of the criminal justice system, be it by the investigating agency or by the unscrupulous devices adopted by the accused, not only causes miscarriage of justice, but the delay also becomes an instrument of inflicting a fatal blow on the efforts of justice dispensation,» said Justice Antil. The Central Bureau of Investigation (CBI) in 1987 filed an FIR against Ahluwalia, who was at the time the chief secretary of Nagaland and three others — V Bhaskaran, manager of Bank of Baroda, Coimbatore, Inderjit Singh, Ahluwalia’s brother and Bank of Baroda manager in Kohima, and Nyamo Lotha for fraud, destruction of evidence, corruption and other crimes.

filing returns. However, instead of easing compliance, it has often increased the burden on taxpayers mostly because details related to equity transactions in the statement are inaccurate. To make matters worse, the onus of fixing the errors lies with the taxpayers.

Microsoft software, prominently used by enterprise networks worldwide. CrowdStrike, a US-based endpoint security provider to several global organisations including Microsoft, first released an update to its product — Falcon Sensor — on July 9 gradually rolling it out to companies globally over the next 10 days. On July 18 and 19, the update — intended to pre-emptively detect cybersecurity breaches — was pushed onto Microsoft devices unwittingly, triggering widespread chaos. It forced several banks, hospitals, airlines, and startups to resort to manual processes to continue operations, industry executives said. «Around 300 flights have been cancelled, including around 200 for market leader Indigo alone till 6 pm (on Friday),» people aware of the details told ET.

CrowdStrike and Microsoft Corp., which have since released patches to address the problem.Here are key points on the issue:Microsoft Chairman and CEO took to X (formerly Twitter) to acknowledge the issue, stating, “CrowdStrike’s recent update has had a global impact on IT systems. We are actively collaborating with CrowdStrike and industry partners to guide our customers through the recovery process and restore their systems securely."CrowdStrike Holdings Inc.

logistics-as-a-service on the government-backed Open Network for Digital Commerce (ONDC), touched one million transactions in June, ONDC said, on Friday. This is an initiative bridging the demand gap for third-party logistics and the delivery of products across the network.

IT outage affecting Microsoft's Azure cloud platform has caused major disruptions in the aviation sector, leading to the cancellation of over 200 flights by IndiGo. This global incident, which began on July 19, 2024, has had a cascading effect on travel systems worldwide, severely impacting airline operations. IndiGo’s Operational Challenges IndiGo, one of India’s largest carriers, has reported substantial operational disruptions. The airline announced on X, «Flights are cancelled due to the cascading effect of the worldwide travel system outage, beyond our control. The option to rebook/claim a refund is temporarily unavailable.» The outage has impacted IndiGo's flight operations, check-in systems, and baggage handling.

Atishi on Friday demanded Rs 10,000 crore from the Centre for infrastructure development, claiming the city government got nothing in return over the past year despite its income tax contribution of Rs 2 lakh crore. Delhi also provided Rs 25,000 crore as central GST to the pool of taxes, the minister said during a press conference here. Ahead of the presentation of the Centre's annual budget, Atishi batted for release of more money to Delhi, saying it could be spent on infrastructure development in road, transport and power sectors as well as to beautify the city. Asserting that people of Delhi are the highest income tax payers, the minister said, «Delhi should get Rs 10,000 crore from the Rs 2.07 lakh crores that people of the city pay as income tax. This amount of Rs 10,000 crore is just 0.25 per cent of the Central government's budget and only 5 per cent of the income tax of Delhiites.»

dholwallas, who are being flown in from Delhi. “Tani (Tanishqa) was feeling FOMO," laughs Chheda, when asked the reason behind a non-traditional, joint barat. “She doesn’t want to wait around and miss the fun of making a grand entry." For the reception, they’ve decided to turn a ballroom into a forest.

IT cities like Hyderabad, Pune, and Delhi-NCR due to more investor-friendly employment policies, reported TOI. Telangana might become the state that benefits the most as it offers incentive-based employer policies, while Hyderabad has been in tough competition with India's start-up capital, Bengaluru. The Siddaramaiah-led Congress government’s new reservation demands for locals in Karnataka might lead to flight risks by several investors currently based in India’s Silicon Valley. “All the GCC movement is in Bengaluru and Hyderabad. Future growth will start moving to competing cities like Hyderabad and even Pune and Delhi NCR,” said a top executive official of a global financial services giant to TOI. Moreover, though HYSEA president Prashant Nandella told TOI it is still too early to speculate, he believes such a policy might benefit pro-industry states such as Telangana. In addition, former CII Telangana Vagish Dixit told TOI that investors have a choice to move and might fly to other states as a result of such counterproductive policies.

Delhi Finance Minister Atishi on Friday demanded Rs 10,000 crore from the Centre for infrastructure development, claiming the city government got nothing in return over the past year despite its income tax contribution of Rs 2 lakh crore. Delhi also provided Rs 25,000 crore as central GST to the pool of taxes, the minister said during a press conference here.

Air India plane flying from Delhi to San Francisco made a precautionary landing in the Russian region of Siberia after crew detected a potential issue in the cargo hold area, the Indian airline said on Friday. It was the second time in a little over a year that an Air India flight on the same route had made an unscheduled landing in Russia. Many carriers, including U.S. and European Union airlines, do not fly over Russian airspace following the war in Ukraine, but Air India does, giving it a flying time and cost advantage on U.S. routes.