City Delhi Financial News

NEW DELHI : New Delhi summoned the Maldivian high commissioner in India on Monday, after distasteful comments by Maldivian ministers raised the diplomatic temperature between the neighbours. Maldivian high commissioner Ibrahim Shaheeb was summoned to India’s ministry of external affairs (MEA) in New Delhi on Monday morning. “Our High Commission in Maldives had strongly raised and expressed concerns about the comments made in regard to the prime minister by certain ministers in the Maldives government with the foreign office today," an MEA official said.

₹3,89,529 to ₹4,44,768 in the current financial year," the Arvind Kejriwal government said as the Statistical Handbook-2023 was released on Saturday. “This is 158 per cent higher than the national average," he added. It was reportedly the highest among all states and union territories in 2023.

social media platforms over the weekend that they had cancelled plans to travel to the island nation. Some companies have, however, seen a surge in queries for Lakshadweep, they said. It comes in the wake of the row over derogatory remarks against India and Prime Minister Narendra Modi posted on X by three now-suspended junior Maldivian ministers after PM Modi’s posts promoting tourism in the Lakshadweep islands. “We haven’t seen any immediate cancellations for our flights, but since it’s a developing situation, we will be observing closely and will be monitoring the situation after a week,” Deepak Rajawat, chief commercial officer of Vistara, said in response to a query from ET. There are 58 weekly flights between India and the Maldives, operated by IndiGo, Vistara and Air India. IndiGo has seen no immediate cancellations or impact on forward sales, said people with knowledge of the matter. However, the airline did not respond to ET’s queries in this regard. Indigo has cancelled direct flights between Delhi and Male from January 17 as it has been forced to rejig its network due to the grounding of aircraft over issues with the Pratt & Whitney engines fitted in its 150 Airbus A320 aircraft.

₹1.15 lakh per year. In real terms (adjusted for higher prices of goods and services), that is 6.7% higher than in 2019-20, the last pre-covid year. After the steep decline in incomes in absolute terms in the covid years of 2020-21 and 2021-22, all states staged a recovery in 2022-23, as areas emerged from lockdown, and consumers opened their wallets.

thunderstorm with lightning/gusty winds & Hailstorm over East Rajasthan on 08th & 09th," IMD said in a tweet. As per IMD, the change in Rajasthan weather conditions is influenced by the western disturbances and the state can witness light spell rains across several eastern districts. The forecast comes as the temperature ranges between 3 to 7 degrees Celsius in Rajasthan with a deep layer of fog engulfing the state.

Central Bank of India has invited applications for Safai Karmachari Cum Sub-Staff And/ Or Sub-Staff posts.Candidates who are eligible can apply online through the official website of Central Bank of India at centralbankofindia.co.in. This recruitment drive will fill up 484 posts in the organization.The registration process opened on December 20 and will end tomorrow.

Calcutta and Bengal were the centres of culture, commerce, and creative expression across undivided India. The state and her citizens stood as a beacon of intellectual and cultural prowess in India. The idea of Mother India – Bharat Mata – arose in Bengal with Bankim Chandra Chaterjee’s ‘Bande Mataram’. Religious reform and modernisation arose with the tireless work of Raja Ram Mohan Roy and the Bhramo Samaj.

Rajya Sabha elections. Sanjay Singh has been lodged in jail over a money laundering case in connection with the Delhi Excise Policy "scam". Singh arrived at the Civil Lines venue in a police van on Monday to file his nomination for the Rajya Sabha.

India-Maldives row, full service carrier Vistara on Monday said it will monitor the demand for flights between the two countries as the «situation is evolving right now». Vistara operates one flight each daily from Mumbai and Delhi to Male. Airline's Chief Commercial Officer Deepak Rajawat said it has not cancelled anything as of now and will monitor the demand for flights. «The situation is very evolving right now… we will have to monitor in a week or so,» he said at a briefing in response to queries about the Maldives situation. Air India, IndiGo and SpiceJet also operate flights to the Maldives. There were no comments from the three airlines on the current situation. India has conveyed its strong concerns to Maldives over remarks posted on social media against Prime Minister Narendra Modi by a number of ministers of that country. The disparaging remarks by the ministers have drawn flak in India, with many celebrities urging people on X to explore domestic tourist destinations instead of going to the Maldives. There were also posts on social media claiming that some Indians are cancelling their scheduled trip to the Maldives in view of the row. On Sunday, the government of the Maldives suspended three deputy ministers for derogatory social media posts against Modi. The three deputy ministers criticised Modi for his post on 'X' following his visit to Lakshadweep, inferring that it was an attempt to project the Union Territory as an alternative tourist destination to the Maldives.

COVID-19 sub-variant JN.1 reported from 12 states till January 7 rose to 682, official sources said on Monday. They said 199 cases have been reported from Karnataka, 148 from Kerala, 139 from Maharashtra, 47 from Goa, 36 from Gujarat, 30 from Andhra Pradesh, 30 from Rajasthan, 26 from Tamil Nadu, 21 from Delhi, three from Odisha, two from Telangana and one from Haryana.

Signature Global has reported 47.4% increase in sales booking in Q3FY24 on back of strong demand. The company’s pre-sales has grown to Rs 1,262 crore in the third quarter and collections for the third quarter grew 45.9% to Rs 769 crore. For the first nine month of FY24, pre-sales bookings grew 41.4% to Rs 3,124 crore, according to the regulatory filing by the company. The company has acquired two land parcels in Sector 71 and sector 37D and it plans to launch before March 2024. Signature Global holds a market share of 19% in Delhi NCR in affordable and mid-housing segment. Backed by equity investors like HDFC and IFC, Signature Global has delivered over 6 million square feet and has ongoing projects in 17.21 million square feet area along with a robust forthcoming pipeline of 21.29 million square feet of saleable area.

₹58,000. This marks the first price hike for the Honda Elevate since its introduction last year, with the new starting price now at ₹11.58 lakh and reaching ₹16.48 lakh for the top-spec dual-tone variant. These prices are exclusive of ex-showroom, Delhi.

GMR Airports Infrastructure share price jumped over 4% to touch a 52-week high on Monday's session in response to few news developments. According to an exchange filing, the company stated that Delhi International Airports Limited (DAIL), a step-down subsidiary, has been exempted from paying the Monthly Annual Fee (or MAF) for the period of March 19, 2020, to February 28, 2022, after the arbitral tribunal passed its decision on January 6.

“Welcome to Vistara. This is a pre-boarding announcement for passengers flying to Delhi via flight 6130.”

₹44,000 crore has been detected since last May in a drive against non-existent tax payers. The drive unearthed 29,273 bogus firms involved in the suspected tax credit evasion leading to arrest of 121 persons, the ministry said in a statement. To curb GST frauds and to increase compliance, central and state tax authorities are carrying out a focused drive against bogus GST registrations and issuance of fake invoices without any underlying supply of goods and services.

NEW DELHI : Forecasting a fresh spell of moderate rainfall over central and adjoining northwest India, including Delhi, the India Meteorological Department (IMD) Sunday said a fresh western disturbance will impact Western Himalayan regions in the next 48 hours. Issuing an orange alert for Haryana, Punjab, Delhi, Madhya Pradesh, and parts of Rajasthan for Monday and Tuesday, the weather department’s bulletin said “A fresh rainfall spell likely over northwest and central India on January 8 and 9." The weather department also issued an alert for thunderstorms and hailstorms at isolated places in West Madhya Pradesh in the next 24 hours and East Rajasthan on Monday and Tuesday.

government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit (ITC) claims of Rs 44,015 crore in eight months till December 2023 during a drive against fake registration, which helped save revenue of Rs 4,646 crore. In the October-December quarter, 4,153 bogus firms that involved suspected ITC evasion of around Rs 12,036 crore were detected. As many as 2,358 of these bogus firms were detected by the Central GST Authorities.

Lok Sabha elections. Sources said senior leaders of the party have been told to reach out to other leaders of the alliance and talks with some parties have begun. Formal negotiations for seat-sharing with Aam Aadmi Party in Punjab and Delhi will begin on Monday, the sources added.

Air India flight expressed her disappointment with the uncomfortable journey. She highlighted various issues like non-operational in-flight entertainment systems, broken seats, etc. In the viral video, Instagram user Shreyti Garg strongly criticized Air India airline for her overall experience, despite paying ₹4.5 lakhs for the tickets.

Delhi is currently dealing with persistent haze, and to worsen the situation, the smog tower in Connaught Place is not working. This tower, inaugurated by Chief Minister Arvind Kejriwal in 2021, has been shut down by the personnel responsible for its operations.

Delhi-NCR has dipped from 1,23,692 units by 2022-end to approximately 94,803 units by 2023-end as it remained one of the most vibrant residential markets among the top 7 cities in 2023. Despite robust sales in the region last year, developers throttled back new supply to support the liquidation of previous unsold stock, leading to a significant reduction in market inventory. According to Anarock data, there was a 23% yearly decline in Delhi-NCR’s unsold inventory.