City Delhi Financial News

traffic rules. If success were measured by the number of pending challans, these commercial vehicles would undoubtedly top the charts. These figures came to light as the Delhi Traffic Police considered action against reckless drivers and repeat offenders in the city. It’s not unusual to witness vehicles from cabs to goods carriers racing through traffic, weaving dangerously between lanes, and frustrating other motorists.

The daily allowance too has been increased from Rs 2,000 to Rs 2,500, the notification said. MPs can draw daily allowances while attending Parliament sessions and meetings of parliamentary committees. The pension for former members of Parliament has been increased from Rs 25,000 per month to Rs 31,000 per month. If one looks at change in the salary of the MPs over the years, it is seen that the MPs were drawing Rs 1500 in 2001, which has now increased to Rs 1.24 lakh in 2023.

Lok Sabha on Tuesday approved the motion to extend tenure of the JPC on 'One Nation, One Election' upto the first day of last week of the Monsoon Session, 2025. Chairman of the Joint Parliamentary Committee (JPC), PP Chaudhary, had moved the motion in the Lok Sabha on Tuesday regarding an extension of time for presenting the report on the «One Nation, One Election» Bills ('Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024 and the Union Territories Laws (Amendment) Bill, 2024'). The bills under consideration include the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and the Union Territories Laws (Amendment) Bill, 2024. The Joint Parliamentary Committee (JPC) examining the 'One Nation, One Election' bill is set to meet today at 3 pm. During the meeting, Attorney General of India R Venkataramand Justice DN Patel, the former Chief Justice of Delhi High Court and current Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), will make representations before the JPC. Firstly, they will meet Justice D.N. Patel, the Former Chief Justice of Delhi High Court, who currently serves as the Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT).

Delhi government is likely to issue an order stopping schools from forcing parents to buy uniforms and books from specific vendors, TOI reported, citing sources. According to the report, a senior official said that schools would also be barred from arbitrarily changing uniforms or dictating where parents should purchase study materials. The official explained that the government had received several complaints from parents about schools making minor changes to uniforms and insisting they buy them from specific shops. This practice has been viewed as a way for schools to make extra money. To address these issues, the government plans to introduce a dedicated email and helpline for parents to report violations. Schools will also be required to provide the contact details of at least five shops from where parents can buy books and uniforms as they wish. The official warned that strict action would be taken against any school or vendor that does not follow the new rules. «We've noticed that some schools recommend expensive, specific books like certain atlases. These practices need to be controlled,» he said. The official emphasised that the purpose of education should be to shape the nation's future, not to make money. He added that the government would not allow schools to impose unnecessary costs on parents.

Gujarat Titans (GT) will kick off their IPL 2025 campaign against Punjab Kings (PBKS) at the Narendra Modi Stadium in Ahmedabad on Tuesday. After a tough season in 2024, where they finished eighth with only five wins in 14 matches, the 2022 IPL champions will aim for a strong comeback under Gill's leadership.

Get all Delhi Budget 2025 LIVE on LiveMint!Chief Minister Rekha Gupta, who also holds the portfolio of Finance Minister will present the Budget 2025-26 today.Before the presentation of the Budget, the chief minister is set to visit the Hanuman Temple in Connaught Place after which she will head towards Delhi Secretariat for a Cabinet meeting. (ANI)The Delhi Transport Corporation's (DTC) liabilities rose from ₹28,263 crore in 2015-16 to ₹65,274 crore in 2021-22, as it incurred operational losses of more than ₹14,000 crore during the same period, according to a CAG report tabled in the Assembly on Monday.Delhi Chief Minister Rekha Gupta tabled the report on the functioning of the DTC for the year ending March 31, 2022, in the budget session.

Car rally for road safety: The Constitution Club of India organised its annual car rally on Sunday, with parliamentary affairs minister Kiren Rijiju flagging off participants, along with civil aviation minister K Rammohan Naidu. BJP MP Rajiv Pratap Rudy, who initiated this programme in 2010, underlined that the theme of the rally is road safety. The guests paid homage to prominent leaders, including former president Giani Zail Singh, Rajesh Pilot and Yerrain Naidu, who had lost their lives in road accidents. Others present on the occasion were former BJP MP Anurag Thakur and JDU leader KC Tyagi.

Congress on Monday filed notices for breach of privilege against parliamentary and minority affairs minister Kiren Rijiju and health minister JP Nadda over their statements in Parliament about Karnataka deputy chief minister DK Shivakumar's purported remarks in the context of the four per cent quota for Muslims in government contracts in the state. Congress president Mallikarjun Kharge, who is also leader of the opposition in the Rajya Sabha, said none of his party colleagues spoke about changing the Constitution and claimed the BJP charge was a diversionary tactic to avoid discussion on the currency seizure from a Delhi High Court judge's residence.

Allahabad High Court Bar Association will stage an indefinite strike from March 25 onwards following Justice Yashwant Varma's proposed transfer to Allahabad High Court, a senior office bearer of the body said on Monday. «Lawyers of the High Court Bar Association, Allahabad will go on an indefinite strike from Tuesday following Justice Yashwant Varma's transfer to Allahabad High Court,» bar body president Anil Tiwari told PTI. He added, «We are sending a request to the Bar Associations in Lucknow in this regard.» The strike call came after the Supreme Court collegium on Monday confirmed its decision to recommend the transfer of Delhi High Court's Justice Yashwant Varma, facing an enquiry over the alleged discovery of huge cash from his official residence and from whom judicial work was withdrawn, to his parent Allahabad High Court. After passing of the resolution during the lunch hours of the court, the lawyers abstained from judicial work for the remaining day.

Delhi High Court on Monday rejected Swiss multinational F. Hoffmann-La Roche AG’s petition seeking to temporarily restrain Natco Pharma from infringing its product patent for Risdiplam compound used for treating spinal muscular atrophy. The court noted that the Roche’s approved drug Risdiplam, which is marketed under the name ‘Evrysdi,’ is not available at an affordable prices, thus the public interest would be to outweigh the need for grant of injunction (restraint order). Roche had sought interim injunction against Natco Pharma to restrain infringement of its patent titled «compounds for treating spinal muscular atrophy». The multinational company claimed that its suit patent has a term of 20 years from May 11, 2015 and expires on May 11, 2035.

Quick commerce platform Swiggy Instamart on Monday said it will now deliver smartphones in 10 major cities. According to the platform, these cities include Bangalore, Delhi, Mumbai, Chennai, Faridabad, Noida, Gurgaon, Kolkata, Hyderabad, and Pune, with plans to expand to more cities. The smartphone brands available include the iPhone 16e, Samsung M35, OnePlus Nord CE, and Redmi 14C. Quick commerce platforms have been continuously expanding their offerings by partnering with brands and introducing products that were previously sold on ecommerce platforms. Rivals Zomato-owned Blinkit and Zepto are also offering electronics and phones, in addition to items such as fashion, accessories, beauty, and personal care products.

Araku Coffee, the world's first terroir-mapped coffee was launched in the canteens of both houses of the Parliament on Monday afternoon. The coffee was launched in the Lok Sabha and the Rajya Sabha in the presence of Union Minister Ram Mohan Naidu, Kiren Rijiju, Piyush Goyal and TDP MPs. After the launch of the coffee, Union Minister Piyush Goyal said, «It is a matter of pride for me that the government of Andhra Pradesh has taken up the Araku Valley coffee, a GI product, as an important product for every Indian to taste.» «With the collective efforts of Prime Minister Narendra Modi and Andhra Pradesh CM Chandrababu Naidu, this double-engine government will take Araku to new heights; we will make it a premium product,» he added. Union Minister Ram Mohan Naidu Kinjarapu also spoke about the coffee and said, «We are inaugurating the Araku Valley coffee which is a very prestigious coffee from the hills of Araku in Andhra Pradesh. For years, the tribal farmers from Andhra, especially Araku, have been growing this distinctive coffee. Now, it is a world-renowned product.»

Subscribe to enjoy similar stories. CK Birla Group’s flagship BirlaNu, formerly known as HIL Ltd, is set to invest around $150 million ( ₹1,300 crore) to help achieve its target of becoming a $1 billion (about ₹8,600 crore) company by 2028 and revive growth. The Delhi-based firm will look to expand manufacturing capacities and pursue inorganic growth opportunities through acquisitions to drive growth.

GMR Airports shares will be in focus on Monday after the Competition Commission of India (CCI) dismissed allegations of anti-competitive practices against GMR Airports and Delhi Airport regarding the awarding of certain contracts. The Indira Gandhi International Airport (IGIA) in Delhi is operated by the GMR Group-led consortium Delhi International Airport Ltd (DIAL).

“This concentration suggests that these states have favourable conditions for biotech innovation, such as robust infrastructure, access to funding and a skilled talent pool,” said the India Bioeconomy report published by the Association of Biotechnology Led Enterprises. The bio-industrial segment, followed by biopharma, remained the top contributor to India's bioeconomy, which reached $165.7 billion in 2024. Over the last decade, the sector has seen 16-fold growth.

Subscribe to enjoy similar stories. Three judges from three different high courts will investigate the case of a pile of half-burnt currency notes found at the residence of Delhi high court judge Justice Yashwant Verma. Meanwhile, Verma has been relieved of his duties.

fact-finding inquiry" into the allegations against Delhi High Court judge Yashwant Varma. It will conduct a «deeper probe» into the alleged discovery of sizeable cash at the judge's residence. As per the laid down procedure, the Supreme Court in its leading judgement in 2015 said the «inquiry shall be in the nature of a fact-finding inquiry, wherein the judge concerned would be entitled to appear and have his say». 'Not formal judicial inquiry' The judgement, authored by a bench headed by former CJI JS Khehar, made it clear that «it would not be a formal judicial inquiry involving the examination and cross-examination of witnesses and representation by lawyers». The verdict said «the committee shall devise its own procedure consistent with the principles of natural justice». (a), (b), © of judgement The judgement said «after such inquiry, the committee may conclude and report to the CJI that (a) there is no substance in the allegations contained in the complaint, or (b) there is sufficient substance in the allegations...and the misconduct disclosed is so serious that it calls for initiation of proceedings for removal of the judge, or © there is substance in the allegations contained in the complaint but the misconduct disclosed is not of such a serious nature as to call for initiation of proceedings for removal of the judge».

Chief Justice of India Sanjiv Khanna's decision to put crucial documents relating to a controversy surrounding alleged discovery of cash from Delhi High Court judge Yashwant Varma's residence in the public domain and constituting an in-house committee to further inquire into the matter. While senior advocate Sanjay Hegde said the CJI must be commended for enforcing openness and putting things out in the public domain, senior lawyer Indira Jaising expressed satisfaction over the setting up of the in-house inquiry panel and said people should wait for its outcome. Saluting the wisdom of the CJI and other members of the Supreme Court collegium for releasing the inquiry report of Delhi High Court Chief Justice D K Upadhyaya, senior advocate Adish C Aggarwala said, «Let the in-house committee make an independent inquiry and submit the report to the chief justice of India for taking appropriate decisions.» Hegde, who described a video of the purported currency-discovery incident as «deeply distressing», said irrespective of the question of innocence or guilt of the judge concerned, the very fact that so much money is ostensibly being seen burnt in proximity to his house raises many questions. «It also tends to lower the image of the judiciary. Irrespective of the question of guilt or innocence, I think a full inquiry and corrective action is required. The chief justice of India must be commended for enforcing openness and putting things out in the public domain.

Chief Justice of India Sanjiv Khanna constituting a three-member panel to probe the discovery of «four to five semi-burnt sacks» of Indian currency notes after a fire incident at the residence of Delhi High Court judge Yashwant Varma, the in-house procedure has entered the crucial second-stage whose findings will decide the fate of the judge. The fire incident at the storeroom of the official residence of Justice Varma on March 14 in posh Lutyens' Delhi locality purportedly led to the discovery of the cash by firefighters and police personnel. The CJI constituted the three-member panel after the Delhi High Court Chief Justice Devendra Kumar Upadhyaya in his report dated March 21 and made public on Saturday evening called for a «deeper probe» into the allegations. The three-member inquiry committee formed by the CJI consists of Justices Sheel Nagu (Chief Justice of the Punjab and Haryana High Court), G S Sandhawalia (Chief Justice of the Himachal Pradesh High Court) and Karnataka High Court judge Anu Sivaraman. However, no timeline has been fixed for the inquiry committee to conclude the probe.

All India Muslim Personal Law Board (AIMPLB) on Sunday announced a nationwide agitation against the proposed Waqf Amendment Bill. A statement issued by Mohd Vaquar Uddin Latifi, Office Secretary of the (AIMPLB) said," Following a massive and successful protest in Delhi on March 17, the All India Muslim Personal Law Board (AIMPLB) has announced a nationwide agitation against the proposed Waqf Amendment Bill. SQR Ilyas, spokesperson of AIMPLB and Convener of the Action Committee Against the Waqf Bill, expressed gratitude on behalf of the Board to all Muslim organizations, civil society groups, and leaders from Dalit, Adivasi, OBC, and other minority communities. «Without the grace of Allah and the united support of these groups, the success of the Delhi demonstration would not have been possible,» he said. He also extended thanks to the opposition parties and Members of Parliament who not only participated in large numbers but also firmly rejected the proposed legislation. The statement stated that the AIMPLB's 31-member Action Committee has resolved to adopt all constitutional, legal, and democratic means to «oppose» what it has termed a «controversial, discriminatory, and damaging» bill. «As part of the first phase of the agitation, large protest sit-ins have been planned in front of the state assemblies in Patna on March 26 and Vijayawada on March 29»

Jofra Archer endured a night to forget during Rajasthan Royals' (RR) IPL 2025 clash against Sunrisers Hyderabad (SRH) on Sunday, March 23. The speedster set an unwanted record, registering the most expensive bowling figures in the history of the Indian Premier League (IPL). Bowling at the Rajiv Gandhi International Stadium, Archer leaked 76 runs in his four-over spell without picking up a wicket, surpassing Gujarat Titans’ (GT) paceman Mohit Sharma’s 0/73 against Delhi Capitals (DC) in IPL 2024. The 29-year-old speedster, RR’s costliest acquisition at ₹12.50 crore in last year’s mega auction, struggled to find rhythm as SRH batters tore into him mercilessly.