City Delhi Financial News

07.01 / 06:36
markets Citi CEO Mobile Tesla country reports View: Time for India to move into top gear with an eye on 2030 EV public infra goal
Elon Musk arriving in India next week to announce a Tesla manufacturing unit in Gujarat (although no official confirmation has come yet), the focus has once again shifted to ramp up the public infrastructure for electric vehicles (EVs) in the country in order to meet the ambitious 2030 goal of the government. India needs to have a robust backbone for charging infrastructure across the length and breadth of the country with considerations of traffic and population density, as it aims to break the barriers for large-scale adoption of electric vehicles. India's top nine cities, with a population of over 40 lakh each, would require 18,000 public EV charging stations by 2030, according to the recent government data.
07.01 / 05:54
UPS Extreme reports Department Schools 2024 Winter break in Delhi schools 2024: Classes up to Grade 5 to remain closed for next 5 days due to cold weather
shortly after its issuance. The Department of Education clarified that the earlier order, which extended the winter break, was issued by mistake. A decision on the matter was supposed to be reached on January 8.
07.01 / 05:39
Progressive Waters Bill innovations reports Department "Miles to go before I sleep...": Arvind Kejriwal after rise in Delhi's per capita income
Arvind Kejriwal attributed the rise in per capita income in Delhi to innovation and forward-looking steps that have been taken under his leadership over the past nine years. A 'Statistical Handbook-2023' released on Saturday by the Economic and Statistics Department of the Kejriwal government said Delhi's per capita income increased from Rs 389,529 to Rs 444,768, a 14 per cent yearly rise, and is 158 per cent higher than the national average per capita income. «This is a huge increase in per capita income in any state in any single year. It has been achieved by the hard work of 2 cr Delhiites and Del govt working together day and night.
07.01 / 05:18
Cooper Remark wellness performer patient prevention International 5-year-old Undergoes historic awake brain surgery at AIIMS, becomes world's youngest patient
awake brain surgery. This pioneering procedure took place at AIIMS Delhi, where doctors performed an awake craniotomy to carefully remove a brain tumor located in the left perisylvian intraaxial region, as shared in AIIMS's recent announcement. Awake craniotomy is a very advanced way of doing brain surgery where the patient stays awake and responsive throughout the entire operation.
07.01 / 05:17
UPS Waves Yellow students consequences Department Schools Delhi schools to remain closed till Jan 12 for students from Nursery to Class 5
cold weather conditions, the Delhi Government on Sunday announced that schools in the national capital will remain closed till January 12 for Nursery to class 5. Minister Atishi announced the same on X. «Schools in Delhi will remain closed for the next 5 days due to the prevailing cold weather conditions, for students from Nursery to Class 5,» she said.
07.01 / 01:51
Provident Waves Extreme Yellow Department Schools Delhi govt reverts order extending winter vacations in schools. Here's why
NCT) citing 'extreme cold waves and IMD's yellow alert'. On January 6, Delhi experienced another day under overcast and foggy conditions, with the daytime peak temperature reaching only 15.2 degrees Celsius and the early morning low settling at 8.9 degrees.
07.01 / 01:08
Waves Yellow consequences isolate Department Schools North India Cold Wave: Delhi govt retracts extended winter break order for schools
Delhi government has revoked a recently issued order that extended the winter vacation period for schools across the national capital. The Department of Education clarified that the earlier decision to prolong the winter break was a mistake. Consequently, the order has been promptly withdrawn, with an expectation for a resolution on the matter by tomorrow morning. Delhi's Directorate of Education hinted at the possibility of issuing new directives regarding the winter break in the near future. The revised order, dated January 6, 2024, stated, «Order No.DE.23(3)/Sch.Br./2024/18 regarding extension of Winter Vacation stands withdrawn with immediate effect.
06.01 / 19:56
BLOCK security Enterprise cover information Courts Investigations Enforcement Directorate searches nine RFL-linked offices
Enforcement Directorate said on Saturday that it conducted searches on several premises linked to Religare Finvest Ltd (RFL), in connection with an ongoing probe into alleged misappropriation of more than ₹2,000 crore by the former promoters of the financing company's parent, Religare Enterprises Ltd. The ED, which is investigating the money-laundering aspect of the case, said it searched nine locations in the National Capital Region on Friday and Saturday, covering the corporate offices of RFL, M3M India Holdings, RHC Holding Pvt Ltd, Hillgrow Infrastructure Pvt Ltd, Dion Global Solutions and Prius commercial. In a regulatory filing, Religare Enterprises said RFL had made a request to the ED to expedite the probe. RFL has also promised its lenders that it would make «all possible efforts» to recover the siphoned off funds, a Religare Enterprises spokesperson told ET, adding that RFL had commissioned a forensic audit to trace the assets and money trail. The Enforcement Directorate's money laundering case against erstwhile Religare promoters Malvinder and Shivinder Mohan Singh, and its former chairman and managing director Sunil Godhwani, is based on a case registered by the Delhi Police's Economic Offences Wing. The ED had arrested the Singh brothers and Godhwani in October 2019.
06.01 / 17:52
Justice show country information reports Department Videos 26 girls missing from children's home in MP's Bhopal: 'May have returned home', 'forced to practice Christianity'
PTI as saying in his video message. ALSO READ: India accounts for nearly one third of the world’s missing women: United Nations Police registered a First Information Report (FIR) at Parwaliya Sadak Police Station in Bhopal on Thursday over a complaint filed by district programme officer Ramgopal Yadav against one Anil Mathew for allegedly running the children's home illegally. As per the complaint, 26 out of 68 girls (between 6-18 years of age) at the facility have gone missing, police said.
06.01 / 15:29
Citi Airlines hospital information isolate Traffic Delhi News: Traffic affected on Mathura road as fire breaks out in Modi Mill Flyover
Delhi traffic police has informed that the traffic is affected on Mathura road in the carriageway from Ashram Chowk towards Apollo Hospital. They further said that a major fire that has broken out under Modi Mill Flyover alongside Mathura road has caused the traffic snarl. “Traffic is affected on Mathura road in the carriageway from Ashram Chowk towards Apollo Hospital as a major fire has broken out under Modi Mill Flyover alongside Mathura road.
06.01 / 13:01
Booking Enterprise Healthcare cover information 2020 Investigations ED searches 9 offices in RFL money laundering probe, seizes incriminating documents
₹2,000 crore from Religare Finvest Ltd (RFL), people familiar with the development said on Saturday. The searches, ED officials said, continued into the early hours of Saturday, with several incriminating documents recovered and large scale “proceeds of crime" identified. Religare, however, said that these raids were initiated following a complaint by the company itself.
06.01 / 13:01
BLOCK Man President shootings blues reports Investigations Canada identifies ‘vehicle’ that shot at temple chief's son's house amid surging tension over Khalistan, extortion
Canadian Police may have been able to identify a vehicle that was responsible for the shooting at the residence of the son of the president of a local temple in the town of Surrey in British Columbia on 27 December. The incidences of violence, and defacing Hindu holy shrines, have surged in Canada after tensions simmered between Delhi and Ottawa over pro-Khalistan activities. According to a Hindustan Times report, the Surrey detachment of the Royal Canadian Mounted Police (RCMP) said that its “General Investigation Unit has been working to advance the investigation and a vehicle of interest has been identified." The report says the vehicle is believed to be a blue, 4-door hatchback, Mitsubishi Mirage GT or SE between the model years 2017 and 2019.
06.01 / 13:00
markets FLEX reports testing Features Uber tests ‘Flex' feature in India, allowing riders to choose tailored fare preferences: Report
Uber stated to the publication that they are currently experimenting with this feature in select Tier 2 and 3 markets in India. As per a report from India Today, Uber Flex introduces a range of nine pricing choices for riders when booking a ride, departing from the conventional dynamic pricing model. Within these options, one price is designated as the default or starting price.
06.01 / 11:58
COST UPS Citi Aviat Hallmark travelers International AAI-Delhi airport feud risks stalling India growth story with air train impasse
The Airports Authority of India (AAI) and Delhi International Airport Ltd (DIAL), the operator of the Indira Gandhi International Airport in the national capital, are locked in a tussle over the development of a proposed air train. This train is designed to connect the airport’s three terminals, its cargo hub, and Aerocity, a zone hosting numerous hotels and office complexes. Two key issues dominate the debate: the project's financing and the number of stops the air train should have.
06.01 / 11:12
Manufacturing show information reports prevention Courts Delhi excise scam: Court grants interim bail to liquor businessman Sameer Mahendru
Delhi court has granted two-week interim bail to liquor businessman Sameer Mahendru in a money laundering case related to alleged irregularities in the now-scrapped Delhi excise policy. Special Judge M K Nagpal granted the relief to Mahendru, managing director of liquor distributor Indospirit on an application moved by him seeking relief due to his wife's health issues. The judge noted that during his earlier interim bail granted in the case, the accused did not try to influence any witness or tamper with the evidence in the case. «He cannot be considered to be a flight risk and there is also nothing on record to show or infer that he had ever tried to influence any witness or tamper with or destroy any evidence of this case,» the judge said in an order passed on January 5. According to the prosecution, Mahendru was one of the major beneficiaries of the violations of the excise policy as he was not only running an alcoholic beverage manufacturing unit but also given a wholesale licence along with some retail licences in the name of his relatives. Because of the alleged irregularities and violations, Mahendru earned around Rs 50 crore profit, the prosecution claimed. The ED had registered an enforcement case information report against Mahendru under the relevant provisions of the Prevention of Money Laundering Act (PMLA).
06.01 / 11:12
UPS Provident Platform Puma information Courts rights E-commerce platforms can't become haven for counterfeiters: Delhi HC
Court has said. The court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionable, but they have to protect intellectual property rights of others. «An e-commerce platform cannot become a haven for infringers.
06.01 / 09:51
UPS Citi Waters Bill country Department Delhi's per capita income rises over 14% to Rs 4,44,768
per capita income increased from Rs 3,89,529 to Rs 4,44,768 in the current financial year, which is 158 per cent higher than the national average, Kejriwal government said on the release of its Statistical Handbook-2023 on Saturday. The handbook containing data on socio-economic parameters of the national capital was released by the Economic and Statistics department of the Delhi government.
06.01 / 09:50
FIVE Aware Career show stage country Courts Sexual harassment Sexual harassment case: Delhi Police concludes arguments on charges against ex WFI chief Brij Bhushan Sharan Singh
Delhi Police has concluded its arguments on the framing of charges against former Wrestling Federation of India (WFI) chief and BJP MP Brij Bhushan Sharan Singh in an alleged sexual harassment case lodged against him by women wrestlers. This matter is at the stage of framing charges before the Rouse Avenue Court. The Delhi Police argued that the incidents of alleged sexual harassment that took place overseas and within the country, including New Delhi, were part of the same transaction. Therefore, the court has jurisdiction to try this case. After hearing arguments of the Delhi Police, the court listed the matter on January 20 and 23.
06.01 / 07:29
Booking HIG reports DDA Flat Scheme: 7 penthouses, 138 Super HIG booked on first day in e-auction mode
DDA)'s new housing scheme, were successfully booked on Friday through the e-auction mode. According to a report by PTI, the registration process for these flats commenced on November 30, with the e-auction officially commencing on Friday. “In today's e-auction, a total 274 flats were booked, including 129 MIG flats, 138 super HIG flats and seven penthouses," a senior official said, PTI reported.
06.01 / 04:24
Waves reports isolate Department infection Updates International Low Fog Alert! Cold spell tightens grip on Delhi, low visibility leads to flight delays
Delhi and the National Capital Region remained in the clutches of a persistent cold spell on Saturday morning, causing low visibility and subsequent flight delays at the Delhi airport due to dense fog. ANI reported that numerous flight operations experienced delays at Indira Gandhi International Airport owing to reduced visibility caused by dense fog. The India Meteorological Department (IMD) in a post on X wrote, “Cold day to severe cold day conditions prevailed at many places over Haryana, few places over Rajasthan and at some Pockets over Punjab.

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