City Delhi Financial News

₹91,000 crore, while Maharashtra celebrates Chhatrapati Shivaji Jayanti. Meanwhile, legal eagles are on the lookout as the Supreme Court hears Sharad Pawar's plea on NCP leadership and Chandigarh Mayor Polls case unfolds. Investigations heat up with Arvind Kejriwal facing 6th ED summons in the Delhi liquor scam, and Mahua Moitra and Mukul Roy summoned in separate cases.

AAP, Cong ‘mutually agreed’ to go solo in Punjab says Arvind Kejriwal "Chandigarh councillors Punam Devi, Neha Musawat, and Gurcharan Kala have joined BJP today. They are unhappy with the behaviour of their party with them. BJP will respect them and they will help in the development of Chandigarh," Vinod Tawde told ANI.

Punjab Kisan Mazdoor Sangharsh Committee Sarvan Singh Pandher asserted that the farmers will continue to move forward with the 'Delhi Chalo' march on February 21 adding that the discussion will also be held on the proposal proposed by the government on MSP. «We will have discussions on the proposal by the govt in the next two days...The govt will also deliberate on the other demands...We will continue with the 'Delhi Chalo' march on Feb 21 if there is no result,» Pandher said while addressing the media after the conclusion of the meeting between protesting farmer unions and Union Ministers in Chandigarh on Monday. He further said that the government and farmers' unions would try to find a solution to the issues.

Piyush Goyal proposed multiple solutions to address the concerns of protesting farmers in the fourth round of talks held in Chandigarh on Sunday. The minister representing government proposed a five-year deal with the farmers to buy pulses and cotton at minimum support price (MSP). «We have together proposed a very innovative, out-of-the-box idea...The govt promoted cooperative societies like NCCF (National Cooperative Consumers' Federation of India) and NAFED (National Agricultural Cooperative Marketing Federation of India) will form a contract and buy products from the farmers on MSP. There will be no limit on the quantity,» he said, post the meeting with the farmer leaders.

civil aviation security regulator has asked airlines to deploy adequate manpower within 10 days to ensure passengers don't have to wait more than half an hour to collect their luggage. The Bureau of Civil Aviation Security (BCAS) wrote to airlines on Friday, directing them that the first bag should arrive at the carousel within 10 minutes of the aircraft shutting down the engine and the last bag no later than 30 minutes. In January, BCAS monitored baggage arrival time of all airlines at six metro airports — Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai — on a weekly basis and found they did not adhere to the standards set in the Operation, Management and Delivery Agreement. Contractual agreement was signed by Airports Authority of India with Delhi and Mumbai airports during their privatisation in 2006. It defines standards of service that the airports have to provide to passengers. «The above monitoring is currently being done at six major airports, However, BCAS has directed the airlines to ensure that the mandated levels are achieved in all airports where they fly,» the regulator said in a statement.

—Manuja Sindhu The proceeds from the sale of your residential house in Delhi for ₹5.5 crore will be subject to taxation as long-term capital gains at a rate of 20%, with the benefit of indexation. Given that the property was acquired before 2001, the cost of acquisition can be either the original cost of the property or its fair market value as of 1 April 2001, at the option of the taxpayer. Additionally, the fair market value on 1 April 2001 should not surpass the stamp duty value, if available, for the property on the same date.

₹1,00,772.17 per kilolitre in Delhi as of 1 February, 74% higher than in 2019. Going forward, too, airfares are expected to go up, said Ajay Prakash, board member, Faith and president, Travel Agents Federation of India, “The upswing in the demand can be seen with supply falling short of it.

Mint explains: Bike-taxis offer a cost-effective mode of transportation, particularly for lower and middle-income groups. With fares of ₹8-10 per km, they compete well with traditional auto-rickshaws, catering to first- and last-mile connectivity needs. Their affordability and accessibility make them useful for urban mobility, especially in congested areas where other modes of transport may be scarce.

Here's all you need to know about the latest developments in Jharkhand. As many as 12 MLAs of the Congress reportedly threatened to boycott the upcoming state assembly session from February 23 and head to Jaipur if four ministers are not replaced with new faces. They were unhappy with the Congress' decision to give ministerial berths to Alamgir Alam, Rameshwar Oraon, Banna Gupta and Badal Patralekh again, PTI reported. The disgruntled section of Congress legislators went into a huddle Saturday at a Ranchi hotel.

India's foreign policy is going strong, Prime Minister Narendra Modi on Sunday said that the world is seeing how New Delhi's relations with many countries continue to grow stronger in trade, tourism, technology and various other aspects. In a jibe against the critical remarks over the years on experience in foreign policy, PM Modi said that when he took the oath as India's Prime Minister, questions were raised about him not having «experience outside a state.» While addressing the concluding day of the National Convention of the Bharatiya Janata Party (BJP) at Delhi's Bharat Mandapam, PM Modi said, «When I took oath in 2014, many of our critics said that what experience does Modi have outside a state. Many things were said about foreign policy.»

Samyukta Kisan Morcha will gherao the residences of BJP leaders in Punjab for three days from Tuesday to press the Centre into accepting the farmers' demands including a legal guarantee to minimum support price on crops, a leader of the outfit has said. Several farmer outfits, which are part of the Samyukta Kisan Morcha (SKM), have extended their support to the "Delhi Chalo" call given by SKM (Non-political) and Kisan Mazdoor Morcha. The march was stopped by security forces at Shambhu and Khanauri points on Punjab's border with Haryana which led to clashes. Protesting farmers have stayed put at Shambhu and Khanauri for the sixth day after their march to the national capital was halted. A group of Union ministers and farmer leaders will hold a fresh round of talks with farm leaders on Sunday evening in Chandigarh. The two sides met on February 8, 12 and 15 as well but those talks remained inconclusive.

Madhya Pradesh Congress chief Jitendra Patwari on Sunday dismissed the reports of former chief minister Kamal Nath switching to BJP. «Once again, it was shown how BJP misuses the media to question the faith of anyone. I have talked to Kamal Nath, and he told me that all these speculations are just conspiracies, and he is, was, and will be a Congress leader,” he said.

launch a day and night mass protest in front of the houses of MPs, MLAs, Ministers, and district presidents of BJP for 3 days. The farmer's body said that the agitation will begin at 10:00 AM on 20th February and end at 5:00 PM on 22nd February.

Arvind Kejriwal on Sunday said Congress and Aam Aadmi Party had "mutually agreed" to contest the upcoming Lok Sabha elections in Punjab separately and there is no bitterness between the two parties over the issue. “In Punjab, the Congress and AAP have mutually agreed to contest the polls separately. There is no hostility over this," NDTV quoted the Delhi Chief Minister as saying.

'Delhi Chalo' march. According to the ministry's February 16 order, internet services will remain suspended in areas falling under Shambhu, Julkan, Passian, Patran, Shatrana, Samana, Ghanaur, Devigarh and Balbhera police stations in Patiala; Lalru police station in Mohali; Sangat police station in Bathinda; Killianwali police station in Muktsar; Sardulgarh and Boha police stations in Mansa; and Khanauri, Moonak, Lehra, Sunam and Chajli police stations in Sangrur; and areas under Fatehgarh Sahib police station.

India Meteorological Department (IMD) has issued a red alert for Jammu Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad, Himachal Pradesh and Uttarakhand as these places are likely to witness heavy to very heavy rainfall and snowfall at isolated places on Monday i.e. February 19, 2024. The weather department has also forecasted an intense spell of rainfall or snowfall activity over the Western Himalayan region between February 18 to 21 and the plains of Northwest India between February 19 to 21 due to western disturbances.

completion of housing units last year at 4.35 lakh units as developers' cash flows improved on better sales, according to Anarock. Real estate consultant Anarock data showed that 4,35,045 units were completed during last year, as against 4.02 lakh units in the previous year. The data pertains to the primary (first sale) residential market. In Mumbai Metropolitan Region (MMR), 1,43,500 housing units were completed last year, up 13 per cent from 1,26,720 units in the previous year.

climate change, triggered a peculiar trend in the 2022-23 winter season where air quality improved in north India while peninsular India recorded an increase in pollution levels, according to a new study released on Sunday. The three consecutive years of La Nina conditions (2020-23) — a rare «triple-dip» phenomenon — had widespread impacts on the ocean and climate across the globe. The study by a team of scientists led by Gufran Beig, Chair Professor, National Institute of Advanced Studies, emphasised that besides local emissions, rapidly changing climate is a significant factor affecting air quality. Published in the Elsevier Journal, the study reveals that the air quality worsened in peninsular Indian cities in the 2022-23 winter season but improved in the northern part of India, contrary to the trends seen in recent decades.

Rashmika Mandanna escaped death after her Air Vistara flight reportedly made an emergency landing due to a technical glitch and extreme turbulence, according to a report published by Deccan Chronicle. On Saturday, Rashmika shared a picture of herself with actor Shraddha Das on her official Instagram handle. “Just FYI, this is how we escaped death today…," she wrote. The report stated that the plane was carrying Rashmika Mandanna, Shraddha, and other passengers who had a terrifying experience after a technical glitch hit the flight.

2024 Lok Sabha elections, said sources as quoted by India Today. Speculation is rife that former Madhya Pradesh Congress chief Kamal Nath might ditch the Congress and switch to the BJP. He reached Delhi on Saturday, reportedly to meet the BJP leadership there.

Kamal Nath and his son Nakul Kamal Nath arrived in Delhi on Saturday amid reports of their switch to the BJP. Kamal Nath has not denied the rumours. The nine-time Parliamentarian has not met any top BJP leaders.