City Delhi Financial News

₹5 crore or more, a Mint analysis of data compiled by the Association for Democratic Reforms (ADR) showed. Both shares have seen an increase since the previous election in these states. Among the five states, Telangana had the highest prevalence of legislators facing criminal cases, with 82 out of 119 having this dubious distinction, up from 73 in 2018.

RBI) to increase the risk weight on consumer loans will have an impact on NBFCs with the bank borrowing cost increasing. However, it does not impact the NBFCs serving the MFI and housing finance segments. The RBI move is going to increase our borrowing cost from banks," he added without revealing further details.

Zomato is scouting for algorithm engineers at IIT campuses. High frequency trading companies are looking for statistical process control experts with high scores in quant. Consulting companies want associate product managers.

Will the real estate sector witness a rise in women homebuyers in 2024? The report underscored that stereotypes regarding women’s commitment and competence, social norms influencing work environments, and the misconception that diversity does not enhance profitability contribute to a web of obstacles affecting women’s career paths. Besides, the report noted that the scarcity of qualified women candidates hinders their entry, retention, and advancement in healthcare leadership roles.

Narendra Modi took a jibe at the “anti-BJP forces" on Tuesday saying ‘be prepared for many more meltdowns ahead’ after a landslide victory in three Hindi heartland states - Rajasthan, Madhya Pradesh and Chhattisgarh. It is now in power in 12 states on its own, while the number of states ruled by Congress has come to three, which includes only Himachal Pradesh in the entire north India Earlier in the day, PM Modi posted on X, May they be happy with their arrogance, lies, pessimism and ignorance.

cashless medical treatment facilities for victims of road accidents across India within the next few months. This initiative will be part of the amended Motor Vehicle Act 2019 (MAV2019) and will be fully implemented nationwide.

Samajwadi Party president Akhilesh Yadav has no plans to attend the INDIA bloc meeting scheduled in Delhi on December 6, Samajwadi Party spokesperson Rajendra Chaudhary said on Tuesday. When asked if the decision was taken after the declaration of assembly poll results in four states, the spokesperson said there was no information about the meeting earlier. «The Samajwadi party national president has no plans to attend the meeting of the INDIA bloc tomorrow.

Air Quality Index (AQI) across Delhi dipped into 'very poor' category in several areas on Tuesday morning, as per the Central Pollution Control Board (CPCB). As per official data recorded at 07.00 am, the AQI in Anand Vihar stood at 340, in Ashok Vihar at 315, in ITO Delhi at 307, and in Jahangirpuri at 332 on Tuesday.

IAMAI) has withdrawn its invitation for a “closed-door interaction” between the government and industry to some gaming firms such as Gameskraft and Spartan Poker citing “feedback from the minister’s office”, according to copies of emails seen by ET. The IMAI, the apex industry body for various internet-first businesses, is organising the India Gaming Convention in Delhi on Tuesday and has arranged for a closed-door roundtable discussion with the minister of state for electronics and information technology Rajeev Chandrasekhar, on the sidelines of the main event. The private discussions are expected to be around “building certainty for online gaming”, according to people with knowledge of the matter.

crime against women were registered across India in 2022, almost 51 FIRs every hour, up from 4,28,278 in 2021 and 3,71,503 in 2020, according to the 2022 NCRB data. The rate of crime against women per lakh population stood at 66.4 while the charge sheeting in such cases was logged at 75.8, showed data from the annual crime report of the National Crime Records Bureau (NCRB), which functions under the Union Ministry of Home Affairs. The majority of crimes against women under the Indian Penal Code were of cruelty by their husband or his relatives (31.4%), followed by kidnapping and abduction of women (19.2%), assault on women with the intent to outrage her modesty (18.7%), and rape (7.1%), the NCRB stated. With 14,247 cases in 2022, Delhi registered the highest rate of crime against women in the country at 144.4 — way above the country's average rate of 66.4.

journalists have been selected for the first-ever 'Kalyan Barooah Award', instituted in memory of the Delhi-based senior journalist who died during the Covid pandemic, in a ceremony on December 11. The NGO My Home India, in collaboration with the North East Media Forum, will present the awards in a ceremony here on December 11. The Kalyan Barooah Award was instituted to immortalise the veteran journalist's contribution towards bringing issues of Northeast India into focus in the national media, a release by the North East Media Forum (NEMF) said.

Railway Ministry has set up an emergency control cell in Chennai and a war room at the Rail Bhawan in New Delhi among various other measures to meet the challenges posed by the cyclonic storm 'Michaung'. «The Indian Railways has geared up its entire machinery in a big way to ensure and manage smooth and safe railway operations in the areas likely to be affected by the cyclonic storm 'Michaung',» a statement issued by the Railway Ministry said on Monday.

Sanjay Singh in a money laundering case related to the excise policy case until December 11, 2023. Meanwhile, the court also ordered to supply an advance copy of the supplementary chargesheet to Sanjay Singh's lawyer and noted that the bail arguments are to be held on December 6, 2023. Earlier during the arguments, the Enforcement Directorate filed an application stating that the names of one protected witness had been mentioned by mistake and hence the same shall not come into the public domain due to their protection. The court has reserved the order for the interim court and directed the court staff to keep the file in secrecy. However, the court, while ordering to serve the advance copy to Sanjay Singh's lawyer, allowed ED to remove or hide such a portion mentioning the protected witness name.

National Crime Records Bureau (NCRB), Delhi registered the highest rate of crime against women in the country in 2022. The national capital recorded 14,247 cases in 2022 with a rate of 144.4 (per lakh), which was way above the national average of 66.4. The crime against women in the national capital stood at 14,277 in 2021 and 10,093 in 2020, reported PTI.

Periodic Labour Force Survey (PLFS) of the National Sample Survey Office, Himachal Pradesh topped the urban unemployment chart with 33.9%, followed by Rajasthan with 30.20% among the age group of 15 to 29 years during July-September 2023, against the national average of 17.3% of the same age group during the period, reported PTI. The PLFS data also revealed that the urban female unemployment rate in Himachal Pradesh was 49.2% among the 15-29 age group in the July-September quarter of this fiscal year as compared to 25.3% of males in the state. Rajasthan registered 39.4% of urban female unemployment in the quarter as against 27.2% in males, the PLFS data revealed.

NCLAT) to 20 (including the chairman) from the currently-sanctioned 12, a person aware of details told ET. The idea is to expedite the disposal of appeals against adjudicating authorities in cases ranging from insolvency, mergers and acquisitions to antitrust matters at a time when the economy is expanding at a fast pace, highlighting the indispensability of a much robust dispute resolution system, he said. The proposal comes on top of another plan to bolster the number of members at the National Company Law Tribunal (NCLT) to 163 (including its president) from the sanctioned 63, aimed at faster clearances of such cases, he added. “A final decision on these proposals will be taken by the Cabinet. A Cabinet note for this purpose has been floated by the ministry of corporate affairs (MCA),” said the person quoted above. At present, apart from chairman Ashok Bhushan, the NCLAT has two judicial members and six technical ones, according to its website.

artificial intelligence and deepfakes. Deepfakes are videos or images that are created using Artificial Intelligence (AI)-powered deep learning software that show people saying and doing things that they didn't say or do. A bench headed by Acting Chief Justice Manmohan observed that technology cannot be «reined in» and the issue raised by the petitioner required deliberations which only the government could undertake.

Central Board of Indirect Taxes and Customs (CBIC) has enabled two-factor authentication for all e-waybill and e-invoice systems to further enhance the security of the goods and services tax systems. The feature was enabled on December 1 and was rolled out on Monday. Currently the pilot rollout has been done for a state of Haryana and after seamless operation of the same in the state, it is being rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi taxpayers in the first phase. In the second phase, it will be rolled out across the country. “Currently, 2FA (two factor authentication) will be rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi in the first phase.

virtual traffic courts in Delhi. The virtual court system was introduced by the e-committee of the Supreme Court to enable paperless disposal of traffic violations and online payment of fines. The court administration, in collaboration with Delhi Traffic Police, developed a module that sends an SMS notification of a traffic offense to the offender. The offender then has the option to pay the fine online or contest the notice. If the violator pleads guilty, they are redirected to an e-payment gateway.

Indian Meteorological Department (IMD). The IMD predicted predicted dense fog in the city from December 5 to 9.

Russian firms are planning to enter into joint ventures (JVs) in India to set up units in the aluminium and beverage sectors that will give a big push to Make in India. Russia’s premium wine maker Boris Titov is entering into a JV with an Indian partner to set up a unit near Delhi to produce sparkling wine. “I was recently in India to discuss a business plan. I have received a positive response.