City Delhi Financial News
29.05 / 16:39
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Excise case: Delhi court takes cognisance of ED charge sheet against Kavitha, others
Delhi court on Wednesday took cognisance of a supplementary charge sheet filed by the ED against BRS leader K Kavitha and others in a money laundering case related to the alleged excise scam. Special Judge for ED and CBI cases Kaveri Baweja said the prosecution complaint, the Enforcement Directorate's version of a charge sheet, contained «sufficient» prima facie evidence against the accused. The judge issued production warrant for Kavitha, a Telangana MLC and daughter of former state chief minister K Chandrashekar Rao, for June 3. She is in judicial custody in the case and currently lodged in Tihar central jail. The excise case pertains to alleged corruption and money laundering in the formulation and execution of the Delhi government's now-scrapped excise policy for 2021-22.
29.05 / 16:31
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Delhi-NCR, get ready for light rains soon! IMD predicts dust and thunderstorms on THIS day
ALSO READ: Car wash in Delhi: You have to pay fines amid ‘serious wastage of water’; netizens react to AAP minister Atishi's postThe India Meteorological Department (IMD) predicted a respite from heatwave for a few districts of Delhi starting Friday, May 31. The IMD issued an orange alert for heatwaves only in Gurgaon and Faridabad on May 31 and yellow alert in parts of Delhi.
29.05 / 16:31
Waters
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wellness
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Kiren Rijiju calls Delhi's 52.3°C temperature reading ‘very unlikely’, shares IMD statement
Kiren Rijiju said, "It is not official yet. Temperature of 52.3°C in Delhi is very unlikely.
29.05 / 14:37
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Engine Lease Finance moves insolvency plea against SpiceJet
Engine Lease Finance BV, an aircraft engine lessor of SpiceJet, has moved an insolvency plea before the NCLT against the debt-ridden air carrier over non-payment of over USD 12 million (around Rs 100 crore). Engine Lease Finance (ELF) has leased eight engines to SpiceJet. Along with interest and rental, ELF has claimed an amount of around USD 16 million. The matter was listed before a Delhi-based bench of the National Company Law Tribunal (NCLT) on Wednesday, which heard it briefly. Counsel appearing for SpiceJet sought time to respond to the petition filed by Engine Lease Finance. On this, the NCLT bench comprising members Mahendra Khandelwal and Sanjeev Ranjan directed SpiceJet to file its response to the petition.
29.05 / 13:10
Citi
Waters
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Car wash in Delhi: You may have to pay fines amid ‘serious wastage of water’ in Capital City; netizens react
₹2,000 on anyone found wasting water. The teams shall also disconnect any illegal water connections on construction sites or commercial establishments.Many social media users have reacted to Atishi’s notification.
29.05 / 11:41
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This book on S. H. Raza is a great window into his life and art
Is bindu par dhyaan do," he told Raza – focus on this spot. He did.
29.05 / 11:27
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Rahul Gandhi's dig at PM Modi's ‘nobody knew Mahatma Gandhi’ remark: 'Only a student of Entire Political Science would…'
Gandhi. Taking to microblogging site X, Rahul Gandhi wrote, “Only a student of 'Entire Political Science' would need to watch the film to know about Mahatma Gandhi.".Rahul Gandhi's 'only a student of Entire Political Science' jibe was reference to the Master of Arts degree certificate of PM Modi posted by the Bharatiya Janata Party (BJP) on their Twitter account.
29.05 / 10:49
Aviat
Airlines
Courts
SpiceJet faces yet another insolvency case from engine lessor
For SpiceJet to stay afloat, some crew will have to deplaneIn December, Engine Lease Finance BV approached the Delhi High Court after settlement talks failed, alleging the airline only made partial payments and violated the terms of the agreement.In October, SpiceJet had agreed to pay the lessor about $2 million and return the leased engines by 25 January. It eventually returned the leased engines in March on the court's orders.SpiceJet has faced several insolvency pleas in the NCLT over pending dues from various parties including Wilmington Trust SP Services (Dublin), Willis Lease Finance, Celestial Aviation, Aircastle, and Alterna Aircraft.
29.05 / 10:47
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Delhi weather tops 50°C for the first time ever amid 'severe heat wave' conditions: IMD
India's capital reached an all-time high of 50.5 degrees Celsius (122.9 Fahrenheit) on Wednesday, according to the government's weather bureau. The India Meteorological Department (IMD), reporting «severe heat-wave conditions,» recorded the temperature in Delhi's suburb of Mungeshpur on Wednesday afternoon, surpassing the 50C mark for the first time in the city's history. Earlier on, the IMD had issued a red alert for many parts of India's northwestern regions and warned of a severe heat wave day.
29.05 / 06:49
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International
IndiGo introduces female-friendly seat selection during web check-in; announces special flight sale starting at ₹1,199
Times of India report.Also Read | IndiGo bomb threat: Viral video shows woman walking on wing as flight attendant rescues passenger“The feature offers visibility of seats booked by female passengers only during web check-in. It is specifically tailored to PNRs with women travellers — solo as well as part of family bookings… (this is) currently in pilot mode aligning with our ‘girl power’ ethos," the airline said in a statement.Also Read | Watch | IndiGo flight to Varanasi evacuated at Delhi Airport following bomb threat; investigation underway.
29.05 / 06:35
Election
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Courts
SC rejects Arvind Kejriwal's plea for bail extension in Delhi excise policy case
Arvind Kejriwal's plea seeking a seven-day extension of his interim bail in a money laundering case linked to the Delhi excise policy case. Last month, the top court granted the Delhi CM interim bail to campaign for the Lok Sabha elections 2024 and asked him to surrender on June 2.
29.05 / 05:29
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Gold and silver prices today on 29-05-2024: Check latest rates in your city
The price change in 24 carat gold in the last one week has been 3.25% .whereas in the last month it has been 0.97%.The cost of silver is Rs.93400.0 per kg up by Rs.2410.0 per kg. Gold Price Today in Delhi is ₹74243.0/10 grams. Yesterday’s Gold Price on 28-05-2024 was ₹73180.0/10 grams.
29.05 / 05:29
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Bengaluru news: Avoid THESE routes today for hustle-free travel. Here's why
Bengaluru traffic authorities highlights the scheduled Palakki Utsav on Wednesday, prompting the issuance of commuter advisories.“Palakki Utsav & procession 29th - 30th May 25' 0700am onwards at Panathur Village, vehicular traffic will be temporarily prohibited at Panathur railway underpass. Use alternate roads.
29.05 / 04:31
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CUET UG 2024: Exams in Delhi, Silchar and other centres today. Guidelines, result date and other details here
CUET UG 2024 for the Kanpur centre as the wrong CUET question paper was distributed at the exam centre. As per TOI report, about 1.58 lakh candidates will be appearing for CUET UG eams today.The CUET UG exams will be administered in four shifts -Shift 1A from 10 am to 11 am, shift 1B from 12.15 pm to 1 pm, shift 2A from 3 pm to 3.45 pm and shift 2B from 5 pm to 6 pm.CUET (UG) 2024 offers 63 test papers this year.
29.05 / 04:29
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Delhi sears at nearly 50°C, hits highest maximum temperature this summer
India's national capital Delhi including Mungeshpur, Najafgarh and Pitampura hit nearly 50 degree Celsius on Wednesday morning as heatwave continued its grip across northern and central parts of the country. Churu in Rajasthan and Sirsa in Haryana saw maximum temperatures just exceeding 50 degree Celsius at 50.5 and 50.3 respectively, as per data from the Indian Meteorological Department.
29.05 / 03:51
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Delhi announces water supply cut. Check out the affected areas
South Delhi will now receive water only once daily instead of twice, as part of a water rationing strategy announced by Water Minister Atishi on Tuesday. This decision affects areas like Greater Kailash, Lajpat Nagar, Panchsheel Park, Hauz Khas, Chittaranjan Park, and nearby locations. The change will remain in effect until the water supply situation improves. «I know that where water is being supplied twice a day, people will be troubled if it is cut off for once a day, but I appeal to all Delhiites that we should not think only about ourselves. We should think about everyone,» minister Atishi said. North and South West Delhi, including Mehrauli and Chattarpur, are also facing significant water challenges this summer amid a prolonged heatwave in northwest India as temperature in outskirts of Delhi soared closer to 50 degrees. The situation has been exacerbated by Haryana's cessation of Yamuna water releases to Delhi since the beginning of May, the minister claimed.
29.05 / 01:47
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Top events of the day: PM Modi in Odisha, Ztech India IPO, Tata Steel Q4 earnings report and more
Top events of the day: Today's highlights include Prime Minister Narendra Modi's Odisha rallies, the NSE's ban on trading five stocks like Biocon and Vodafone Idea in the F&O segment, and Ztech India's IPO launch priced at ₹104 - ₹110 per share. Major companies, including Adani Transmission, IRCTC, and Tata Steel, are reporting Q4 earnings. Additionally, the NTA rescheduled CUET UG 2024 exams for Kanpur, Delhi, and Silchar centers due to paper distribution issues, with admit cards now accessible online.Prime Minister Narendra Modi is scheduled to visit Odisha today.
29.05 / 01:47
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Lok Sabha Elections 2024: PM Modi to medidate Vivekananda Rock Memorial after high-octane campaign ends tomorrow
Prime Minister, the biggest star campaigner of ruling Bharatiya Janata Party (BJP), will arrive at the picturesque memorial off the coast of Kanyakumari on May 30 and may leave for Delhi on June 1, the last day of polling, reports said quoting sources.Also Read: Lok Sabha elections 2024 Phase 7: Last day of voting on June 1; full list of constituencies and key candidates hereThe campaign for the seven-phase Lok Sabha Elections 2024 ends on Wednesday, May 30. The results will be announced on June 4.The PM, 73, will meditate at the Dhyan Mandapam, the hall at the Memorial, from the evening for May 30 to the evening of June 1, NDTV said in its report.The Memorial has spiritual significance since Swami Vivekananda, after wandering across the country, is believed to have meditated here for three days on a rock located about 500 meters off the mainland, at the meeting point of the Indian Ocean, Bay of Bengal, and Arabian Sea.
29.05 / 01:23
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Heatwave alert in India till May 31, monsoon to hit Kerala soon. Check full weather forecast here
weather office said, “Heatwave to severe heatwave conditions most likely to continue over plains of Northwest India, West Madhya Pradesh, East Madhya Pradesh, etc. for the next three days."- On May 29, heatwave to severe heatwave conditions are very likely in many parts of Rajasthan, in some parts of Punjab, Haryana-Chandigarh-Delhi, and isolated parts of West Uttar Pradesh, West Madhya Pradesh, with a gradual reduction thereafter.- Heatwave conditions are very likely in isolated pockets of Himachal Pradesh, East Uttar Pradesh, on May 29 and May 30; Chhattisgarh from May 29 to May 30; East Madhya Pradesh, Vidarbha, Jammu division on May 29, 2024.
29.05 / 00:49
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Dealers wilt as car buyers shun heat
fuel car purchases in May. “During the peak heat hours from 12 pm to 4 pm, it feels like the showroom is closed. Only customers with planned deliveries are coming in," said Vinkesh Gulati, director of United Automobiles, which runs 12 passenger vehicle and two-wheeler showrooms in the National Capital Region and Eastern Uttar Pradesh.
28.05 / 16:49
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Delhi Chief Secretary Naresh Kumar's tenure extended for three months by MHA
Centre has extended the service of Delhi Chief Secretary Naresh Kumar, 1987 batch IAS officer, for a further period of three months, officials on Tuesday said. Kumar, at loggerheads with the AAP government in Delhi, was given his first extension in November 2023, following a Supreme Court order. An order issued by the Ministry of Home Affairs (MHA) on Tuesday said, «Approval of the Competent Authority is hereby conveyed for the extension of service of Naresh Kumar, IAS (AGMUT 1987), Chief Secretary, GNCTD, for a further period of three months beyond 31.05.2024, i.e. from 01.06,2024 to 31.08.2024 in relaxation of Rule 16(1) of AIS (DCRB) Rules, 1958 by invoking Rule 3 of AIS(CS-RM) Rules, 1960.» Kumar, who was due to retire on November 30, 2023, was given a six months extension. The period of extension will expire on May 31.
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