City Delhi Financial News

Delhi LG V K Saxena has granted sanction for a CBI probe against former minister Satyendar Jain in a complaint of extortion filed by money laundering accused Sukesh Chandrashekhar, officials said on Saturday. Jain is accused of extorting Rs 10 crore from Chandrashekhar as "protection money". A former director general of Tihar jail was also accused in the matter, the Raj Niwas officials said. The LG has given his nod for a CBI inquiry against Jain under Section 17A of the Prevention of Corruption (PC) Act, they said.

Delhi: Rat-hole miner Wakeel Hassan, who had lost his house in a demolition drive, has rejected another offer of a house in Dilshad Garden here by the authorities, he told PTI on Saturday. «On Friday night, four government officers, including an SDM, came and offered me a house in Dilshad Garden but I refused to accept it as they wanted me to shift on a temporary basis,» Hassan said. «It was also not in writing. That house belongs to an NGO,» he said. Hours after the demolition, DDA officials offered Hassan to move to an EWS (economically weaker sections) flat at Narela, which is far from Khajoori Khas in northeast Delhi. Hassan rejected it saying it was «far and unsafe».

AAP on Saturday accused the BJP of fielding candidates without considering their eligibility or commitment to work for the people, citing the saffron party's East Delhi MP Gautam Gambhir's request to relieve him of political duties. Gambhir, the BJP's Lok Sabha MP from East Delhi, has requested party chief JP Nadda to relieve him of his political duties so that he can focus on his upcoming cricket commitments. Addressing a press conference with Kuldeep Kumar — the AAP's candidate from East Delhi for the Lok Sabha polls — senior party leader Atishi claimed that Gambhir's request «revealed» that the BJP was not fielding him in this year's elections. Atishi, a Delhi minister, alleged that Gambhir did nothing in his East Delhi constituency during his five-year term.

BJP) MP Jayant Sinha on Saturday expressed his desire to withdraw from contesting the upcoming Lok Sabha polls. He requested party president JP Nadda to relieve him of his electoral duties. In a post on platform X (formerly Twitter), he wrote, «I have requested Hon’ble Party President Shri @JPNadda ji to relieve me of my direct electoral duties so that I can focus my efforts on combating global climate change in Bharat and around the world. Of course, I will continue to work with the party on economic and governance issues.» «I have had the privilege of serving the people of Bharat and Hazaribagh for the past ten years. Moreover, I have been blessed by the many opportunities provided by Hon’ble Prime Minister Shri @narendramodi ji, Hon’ble Home Minister Shri @AmitShah ji, and the BJP leadership. My sincerest gratitude to all of them. Jai Hind,» the post further said.

cricket matches each in this tournament so far. Both have won two and lost one. While both the teams have 3 points each, RCB are ahead in the Net Run Rate (NRR).

The girl was playing outside her house on Friday evening when the dog attacked her and dragged her. However, the locals came to her rescue and managed to save her. The girl's mother rushed her to a nearby hospital, where her condition is now stable, according to the police officer. The police have taken a statement from the girl's mother and are reviewing CCTV footage from the area to determine the exact sequence of events. Shivanand Bhaskar, the owner of the dog, is facing charges under the Indian Penal Code sections 289 (negligent act with respect to animal) and 337 (causing hurt by act endangering life or personal safety of others). The police have initiated an investigation into the matter.

Delhi-NCR (National Capital Region) woke up to light rain on Saturday morning, attributed to a western disturbance, leading to a dip in minimum temperatures. The India Meteorological Department (IMD) had predicted rain for both Friday and Saturday. «There is an active western disturbance which will impact the region. From Friday, March 1 night onwards there would be light weather activity with very light rain. However, the major impact is likely on Mar 2 with the possibility of thunderstorm, strong winds and light to moderate rain. From Mar 3 onwards, the effect will wear off. The minimum temperature may thus rise due to cloudiness; however, it will significantly drop around March 2,» said Kuldeep Srivastava, senior scientist at India Meteorological Department (IMD). Delhiites witnessed a light drizzle on Saturday morning, with the sunrise obscured by dark clouds. The IMD forecasted light to moderate rain throughout the day, with certain areas likely to experience hailstorms. An orange alert has been issued for the city, urging residents to stay updated with the weather forecast.

DLF, have recently acquired land in Gurugram to set up residential projects, while Prestige and Sobha also have their sights set on land parcels in the area, indicating keen interest in the city's real estate market. As prices have peaked on prime Golf Course Road and MG Road, developers have shifted their focus to Golf Course Road Extension, Gwal Pahadi, Dwarka Expressway and the Southern Peripheral Road (SPR). Local developers have also lined up projects across micro-markets, with Signature Global and Raheja focusing on Dwarka Expressway and SPR, while TARC, M3M, Smartworld, and Anant Raj have launches planned on Golf Course Road Extension.

₹3,76,217 in 2021-22 to ₹4,61,910 in 2023-24. Atishi claimed this is 2.5 times higher than the national per capita income and added that this represents an increase of 22 percent over two years. 2) According to official figures for 2021-22, Delhi was placed third in the list of per capita income behind Sikkim and Goa.

traffic congestion and facilitate pedestrian movement, according to the Delhi Economic Survey 2023-24. Finance Minister Atishi presented the Economic Survey in the Delhi Assembly on Friday. According to the survey, three footover bridges that are under construction at Sri Aurobindo Marg at Adchini Village, Hauz Khas Enclave (near Padmini Enclave), Sri Aurobindo Marg at PTS Bus Stop and between newly-built court building and Tis Hazari Court Complex are likely to be completed by March 31 this year, according to the survey. The third phase of the elevated Barapulla corridor project is likely to be completed by December 31 this year.

Scaler Academy has reported a nearly fivefold increase in yearly operational revenue during a period in which it raised no external capital. The company said its operational revenue rose to Rs 316.7 crore in the financial year ended March 2023, from Rs 65.6 crore a year earlier.

Delhi government is providing skills training to more than 1,300 beggars who were identified in a survey conducted before the G20 Summit in the national capital last year, according to the city's Economic Survey. Finance minister Atishi presented the Economic Survey of the city in the Delhi Assembly on Friday. The Department of Social Welfare has been designated with the responsibility of providing skills training to the relocated homeless beggars at the Delhi Urban Shelter Improvement Board (DUSIB)-operated night shelters with a focus on integrating them into mainstream society, the report said. An inter-departmental committee had been established before the G20 summit and was tasked with the responsibility of formulating strategies for the rehabilitation and relocation of beggars, according to the survey.

CorporatEdge (CE), a premium serviced workspace solutions company plans to expand its total footprint by 10x to 1.7 million square feet across major cities over the next 5 years. “CorporatEdge has tapped into the growing demand for flexible workspaces and would deploy over Rs. 300 crore in the next 5 years. The expansion will be spread across 10 cities pan-India and densify presence in the existing cities as well,” said Aashish S Shukla, Managing Director of CorporatEdge. Recently, the firm launched its third facility named ‘Marquee’ in Bengaluru, at the Prestige Trade Tower spread over 29000 sq.ft. The is pegged as a Offitel — Office hotel facility with serviced offices, team offices, private office suites, director cabins and range of F&B offering and has a capacity of 350 workstations.

Wakeel Hassan, a rat-hole miner who was part of the Silkyara tunnel rescue operation, sitting on a footpath where he and his family spent their second night after losing their house in a demolition drive. «My family and I continue to spend the night in the open. Some locals are providing us with food and water, etc.,» Hassan said on Friday, a day after he refused an offer by the Delhi Development Authority (DDA) to move him and his family to an EWS flat in Narela. «We have now accepted the night as a challenge,» he said, adding the family has not received any help from the government so far. Hassan was part of a team of miners who rescued 41 workers trapped inside Uttarkashi's Silkyara tunnel by manually drilling through the debris in November last year.

Central Information Commission directing the Central Board of Direct Taxes to provide information relating to Shri Ram Janmabhoomi Teerth Kshetra Trust, looking after the construction and management of the Ram temple in Ayodhya, under the RTI Act. The high court on February 28 allowed the petition by the Central Board of Direct Taxes (CBDT) challenging the Central Information Commission's (CIC's) November 30, 2022, order. Justice Subramonium Prasad said it is always open for applicant Kailash Chandra Moondra to approach the appropriate authority under the Income Tax Act to seek information as sought in the Right to Information (RTI) application. The high court was dealing with a plea by the Central Public Information Officer (CPIO) of CBDT seeking quashing of the November 30, 2022, order of the CIC which had directed that the CPIO would revisit certain points made in the application under the RTI Act and provide information within 15 days from the receipt of the order.

₹580 crore of a Dubai-based "hawala operator" and seized cash and valuables worth ₹3.64 crore after fresh raids in the Mahadev app-linked money laundering case, official sources said on Friday. The latest raids were launched on February 28 at various premises in Kolkata, Gurugram, Delhi, Indore, Mumbai and Raipur. Mahadev betting app case: ED conducts raid in West Bengal, Mumbai, NCR The ED probe in the Mahadev online gaming and betting app has indicated purported involvement of various high-ranking politicians and bureaucrats from Chhattisgarh.

Atishi is also likely to present the budget for the 2024-25 financial year next week on March 4, according to sources. This will be Atishi’s first budget as Delhi’s Finance Minister after she was inducted into Chief Minister Arvind Kejriwal’s cabinet in March last year. The budget session of the Delhi assembly began on February 15 and was expected to run until February 21.

Nafe Singh Rathee who was gunned down along with a party worker by unknown assailants near Bahadurgarh railway crossing in Jhajjar on Sunday, PTI reported. The gangster took to social media and said that he was the one who got Nafe Singh killed. He alleged that the leader had a close friendship with gangster Manjeet Mahal and Nafe Singh used to work with Mahal's brother Sanjay in capturing properties.

heavy to very heavy rain, and snow is likely in Jammu-Kashmir, Ladakh, Gilgit, Baltistan, and Muzaffarabad on 1st and 2nd March. The authorities in Kashmir have also extended the winter vacation for valley schools by four days given the forecast of inclement weather. The schools, which were scheduled to reopen after a three-month winter vacation on March 1, would now resume on Monday.

₹22,200 crore, he is set to inaugurate the Visakh Refinery Modernization Project (VRMP), which is being carried out by Hindustan Petroleum Corporation Ltd (HPCL). This project aims to modernize and boost capacity at the Visakh Refinery in Visakhapatnam, Andhra Pradesh, with an investment of ₹26,264 crore.

Delhi High Court on Thursday dismissed a petition by ArcelorMittal India seeking grant of mining lease in Jharkhand's Saranda forest division. A bench of Acting Chief Justice Manmohan and Justice Mini Pushkarna found no merit in ArcelorMittal's petition, saying the approval granted by the Centre to the company in 2007 and 2008 was conditional and no mining lease could be executed in its favour in the absence of the pre-conditions being met. «It is to be noted that till date, the petitioner does not have approval of the Central government under Section 2(ii) of the Forest Conservation Act, 1980. The petitioner also does not have environment clearance under the Environment (Protection) Act, 1986,» the court said.