City Delhi Financial News
28.05 / 15:13
Citi
FIVE
reports
Courts
Swati Maliwal assault case: Bibhav Kumar sent to three-day police custody
Kumar’s bail plea was dismissed by a sessions court, which said there appeared no "pre-meditation" by Maliwal in lodging the FIR and that her allegations could not be "swiped away".Following the rejection of the bail plea, the Aam Aadmi Party (AAP) said Bibhav Kumar will move the Delhi High Court against city court's decision. During the hearing on Monday, Swati Maliwal, who was presented during the hearing, opposed the bail plea saying she was receiving threats.
28.05 / 15:13
UPS
Citi
Analysis
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cover
reports
What is causing severe heatwaves in Delhi, Mumbai, other big cities? New study explains factors causing heat stress
Increasing relative humidity across all climate zones has worsened the heat index (combination of air temperature and relative humidity) and heat stress in every city," said a trend-analysis report released by the Center for Science and Environment. The study was conducted by the CSE between the summers of January 2001 and April 2024.The CSE explained in its analysis that the heat stress is not just about rising temperatures.
28.05 / 15:13
Provident
Target
Mobile
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Sustainability
Highways
Traffic
Cabinet note for Vision 2047 highway plan may be revised
₹20-trillion plan envisages construction of more than 75,000 km of highways over the next 15 years, including 50,000 km of access-controlled highways or expressways, one of the two persons said on condition of anonymity. As of now, about 4,000 km of centrally funded access-controlled highways have been built. Queries sent to MoRTH remained unanswered till press time.
28.05 / 12:41
Manufacturing
Parke
Govt plans to build dormitories near manufacturing clusters so workers don't leave
₹95,000 crore.This expected fund flow is projected to create about 2.25 million new job opportunities in the next 4-6 years. The ministry anticipates ₹25,000 crore in investments under the Production Linked Incentive Scheme (PLI) and an additional ₹70,000 crore investment under the PM-MITRA park scheme in the next 4-6 years.“Workers are the key drivers of the manufacturing sector, and their prolonged non-availability would impact production, ultimately creating an imbalance in industrial growth," said Abhash Kumar, assistant professor, economics, Delhi University.Queries sent to spokespersons of ministries of textiles, labour and commerce remained unanswered till press time.
28.05 / 12:41
Waters
Courts
'Don't wash cars': Delhi govt warns against wasting water amid acute heatwave, says fines to be imposed if...
in Delhi NCR on Tuesday and Wednesday.On Tuesday, Atishi appealed to everyone not to wash their cars with pipes. "Don't use the water supply to wash your cars. This is a wasteful use of water," she said."Please make sure water is not wasted because of continuously running water motors...
28.05 / 12:41
UPS
Waves
FIVE
Waters
country
Heatwave: IMD issues two-day ‘Red Alert’ for 6 northern states; monsoon to hit Kerala in 3-4 days — details here
ALSO READ: IMD issues red alert for Arunachal, CM requests people to be cautiousSome relief from the scorching heat is expected after three days due to a western disturbance, it added.IMD Scientist Dr Naresh Kumar said: “It is now the second week since the heat wave to severe heat wave persisted in North-West India. The temperature exceeded 47 degrees Celsius. We had issued a Red Alert.
28.05 / 12:33
Booking
Aviat
Manufacturing
security
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travelers
International
Average air ticket prices spike 9 pc in Jan-March period: FCM Travel
air ticket prices in India spiked 9 per cent in the first quarter of 2024, primarily on account of general increase in travel demand and «much stronger» economic growth, according to Australian Securities Exchange-listed FCM Travel. At the same time, FCM Travel said there was a 20 per cent jump in the premium class bookings in the January-March period compared to the same period last year, driven by sectors such as manufacturing IT as well as conglomerates. «Domestic air capacity has increased more than 3 per cent but due to the demand in travel, we have seen average ticket prices increase by 9 per cent which is attributed to a much stronger economic growth and a general increase in demand for travel,» said Sunny Sodhi, Managing Director of FCM Travel India. Popular domestic routes for business travel include Delhi to Mumbai, Mumbai to Delhi, and Bengaluru to Mumbai, he added.
28.05 / 11:09
Citi
Digital
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Courts
Shraddha Walkar murder case: Delhi cops file supplementary chargesheet
Delhi police have filed a supplementary chargesheet containing more digital and forensic evidence reports to nail Aaftab Amin Poonawala, who stands accused of killing his live-in partner Shraddha Walkar and dismembering her body, court sources said on Tuesday. The nearly 3,000-page chargesheet was filed before metropolitan magistrate Aviral Shukla, they said. Poonawala is alleged to have strangled Walkar and chopped her body into pieces in the national capital's Mehrauli in May 2022 before scattering the body parts in different areas of the city to escape detection. He has been charged under sections 302 (murder) and 201 (causing disappearance of evidence of offence) of the Indian Penal Code.
28.05 / 11:09
Citi
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Urbanisation led to 60% more night-time warming in Indian cities than non-urban areas: Study
night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities.
28.05 / 09:31
UPS
Cooper
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country
social
SOLIDARITY
India announces $1 million assistance to Papua New Guinea amid landslide devastation
Papua New Guinea in the wake of a devastating landslide on the Pacific island nation, as per a release from the Ministry of External Affairs on May 28.This comes after a massive landslide occurred on May 24 in Enga Province, Papua New Guinea, which buried hundreds of people and caused major destruction and loss of life.Also Read | South Africa following up with India after Gupta brothers arrests — Why are they in jail and what are the cases?"As a close friend and partner under the Forum for India-Pacific Islands Cooperation (FIPIC) and as a gesture of solidarity with the friendly people of Papua New Guinea, the Government of India extends an immediate relief assistance of $1 million to support relief, rehabilitation and reconstruction efforts," the statement read."India has firmly stood by Papua New Guinea during times of difficulty and devastation caused by natural disasters, as in the wake of the earthquake in 2018 and volcanic eruptions in 2019 and 2023.
28.05 / 09:09
COST
Align
track
reports
travelers
recommendations
International
New railway line to connect Noida Airport with Palwal and Chola for connectivity to Kolkata, Mumbai, and Chennai
regional connectivity, a new 60 km railway line has been proposed between Chola in Bulandshahr and Rundhi in Palwal. This line aims to link Noida International Airport with major routes to Howrah, Chennai, and Mumbai, a TOI report stated. Officials from North Central Railway have recommended connecting the proposed tracks to the airport’s ground transportation center through an underground channel. The new line will have junctions at Chola, merging with the Delhi-Howrah line, and Rundhi, extending to the Delhi-Chennai/Mumbai route. This strategic alignment will facilitate trains from the airport to travel in multiple directions.
28.05 / 08:13
Monolithic
WhatsApp
rock
PM Modi likely to visit Vivekananda Rock Memorial for spiritual retreat
Narendra Modi is likely to visit the famous Vivekananda Rock Memorial in Tamil Nadu's Kanyakumari district on May 30 for a spiritual sojourn, a senior BJP leader said on Tuesday. The PM is expected to arrive at the picturesque VRM situated close to the monolithic statue of Tamil saint Tiruvalluvar mid sea off the coast of Kanyakumari on Thursday evening and may leave for Delhi on June 1. «His visit has nothing to do with any event related to the party. We will know about his schedule one day in advance,» the BJP senior told PTI.
28.05 / 07:23
Man
wellness
film
fun
stars
rights
Videos
Panchayat 3 public reviews: Netizens hail Amazon Prime Video web series; ‘heartfelt narrative, compelling characters'
Amazon Prime today i.e. on May 28. Written by Chandan Kumar and directed by Deepak Kumar Mishra, 'Panchayat' traces the life of a young man from Delhi who joins as a secretary in a Panchayat office in a remote village of Uttar Pradesh.
28.05 / 06:47
Career
CEO
Entertainment
Strategy
Sony
wellness
stars
Sony Pictures Networks India hires Disney Star’s Gaurav Banerjee as CEO, replacing NP Singh
announced his intention to step down after 25 years at Sony last week.At Disney Star, Banerjee oversaw content for Hindi entertainment and Disney+ Hotstar, and served as business head for Star Bharat, as well as Hindi and English movies, kids & infotainment, and regional (east) channels. He was not immediately available for comment.A former journalist, Banerjee began his career at Aaj Tak before joining Star News in 2004 as a prime-time anchor and senior producer.
28.05 / 06:47
UPS
hospital
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Schools
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International
Bomb threats in India: Alarming rise in May 2024; all you need to know
Here's a look at the bomb threats received in India in May 20241. Taj Hotel, Airport, Mumbai: On May 27, Mumbai Police, received a threatening call indicating the presence of bombs at both Taj Hotel and Chhatrapati Shivaji Maharaj International Airport. After a thorough search, Police said that “nothing suspicious was found".
28.05 / 05:29
SUN
Airlines
awards
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Trade
Courts
SpiceJet says Sun Group's claims of damages are unfounded
SpiceJet and its promoter Ajay Singh has refuted the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs.1323 crore. «These assertions are not only legally untenable but also a regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court, » the airline said. Sun Group and its chief Kalanithi Maran on Monday said they will seek over Rs 1,323 crore in damages from SpiceJet and its chief Ajay Singh. This will be in addition to challenging the recent Delhi High Court order, which was in the airline's favour.
28.05 / 05:29
markets
Citi
Southern
Audi
Schools
Interviews
EV ride-hailer BluSmart seeks $300 million to expand car fleet
BluSmart, India’s biggest electric cab operator, wants to raise more than $300 million in three years to add thousands of cars to its fleet in its push to take on the likes of Uber Technologies Inc. in the fast-growing market. The company will increase its Indian fleet of electric vehicles — supplied by Tata Motors Ltd., BYD Co., SAIC Motor Corp.’s MG Motor and Stellantis NV’s Citroën — to 13,000 by March from 7,500 currently, Punit Goyal, co-founder of the BP Ventures-backed startup, said in an interview. In three years, it aims to have 25,000 cars, he said.
28.05 / 05:03
COST
UPS
Citi
Trade
country
Gold and silver prices today on 28-05-2024: Check latest rates in your city
The price change in 24 carat gold in the last one week has been 4.56% .whereas in the last month it has been 1.18%.The cost of silver is Rs.90990.0 per kg up by Rs.1050.0 per kg. Gold Price Today in Delhi is ₹73779.0/10 grams. Yesterday’s Gold Price on 27-05-2024 was ₹73252.0/10 grams.
28.05 / 04:07
CEO
Airlines
Strategy
Metro
Experts
reports
International
IndiGo Airlines to launch business class on THESE domestic and international routes: ‘We will have…’
CNBC-TV18 reported.During the recent earnings conference call, IndiGo's CEO Pieter Elbers revealed the airline's foray into the business class segment. "We will have business class seats deployed on India’s busiest and business routes," CNBC-TV18 quoted an Indigo official.Thus, as per media reports, business class seats will be available on India's most prominent airlines, with 10 to 15 aircraft operating on major domestic metro routes.
28.05 / 02:07
Aviat
security
BAY
reports
isolate
evacuation
Investigations
Bomb threat on Delhi to Varanasi IndiGo flight: Passengers safe, investigation underway
bomb threat was reported on an IndiGo flight from Delhi to Varanasi. The aircraft was moved to an isolation bay for investigation, with aviation security and a bomb disposal team currently on site, according to an airport official who spoke to ANI. The threat was reported at 5:35 AM. Quick Response Teams (QRT) reached the scene promptly. All passengers were safely evacuated through the emergency exits. The flight is now under inspection, as confirmed by the Delhi Fire Service. An aviation security official at the scene reported that the IndiGo crew found a note with the word «bomb» written on it in the aircraft's lavatory before takeoff.
28.05 / 01:39
Aviat
security
BAY
reports
isolate
evacuation
Investigations
Bomb threat on IndiGo Flight from Delhi to Varanasi; aircraft moved to isolation bay
ANI cited an airport official, “A bomb threat was reported on an IndiGo flight from Delhi to Varanasi. The aircraft has been moved to an isolation bay for investigation.
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