City Delhi Financial News

09.11 / 13:33
Citi Manufacturing CEO country cover Airtel expands 5G coverage in all Bengal districts
Airtel Thursday said it has expanded its 5G network to all 23 districts of West Bengal, which will bring the high-speed technology to its 1.6 million customers. This marks a significant milestone for Airtel as the company has achieved 5G coverage across all districts and union territories in the country within a year of the launch of the service, the company said.
09.11 / 13:33
IPO CEO Jewellers cautiously optimistic about gold demand this Dhanteras; expect 10pc rise in sale
Jewellers are cautiously optimistic about gold demand on the Dhanteras day on Friday and expect a 10 per cent increase in gold jewellery and bullion sales amid a sharp rise in gold prices in view of geopolitical developments. Gold prices have shot up by more than 20 per cent since last Dhanteras to nearly Rs 61,000 per ten grams. Gold prices in Delhi were ruling at Rs 50,139 per ten grams, excluding taxes, on last year's Dhanteras, while at Rs 47,644 on 2021 Dhanteras festival.
09.11 / 10:27
Cooper Mint Explainer: What are the implications of the SC order on stubble burning?
₹3,333 crore to the governments of Punjab, Delhi and NCR states to subsidise machines for individual farmers and cooperatives to facilitate on-site management of paddy straw.
09.11 / 09:45
President recommendations Three judges appointed to Supreme Court; top court to now function with full strength of 34
Supreme Court and once they take oath, the top court will function with its full strength of 34 judges. Delhi High Court Chief Justice Satish Chandra Sharma, Rajasthan High Court Chief Justice Augustine George Masih and Gauhati High Court Chief Justice Sandeep Mehta were appointed as top court judges.
09.11 / 09:39
Citi Action stage Ministers will work at ground level to ensure implementation of pollution control measures: Gopal Rai
Gopal Rai on Thursday said all ministers of the Delhi government will work at the ground level to ensure strict implementation of air pollution control measures in the national capital. Addressing a press conference here, Rai expressed concern over negligence on part of officers in the implementation of measures outlined in the Centre's air pollution control plan called Graded Response Action Plan (GRAP).
09.11 / 09:31
Citi Waves pandemic country reports Housing rent in Bengaluru rise by more than 30% this year; Whitefield sees highest growth in nine-month
₹24,600 per month by 2022-end to ₹28,500 per month by September-end 2023. At Sarjapur Road, average monthly rents increased from ₹24,000 per month in 2022-end to ₹30,500 per month in September 2023". Also read: Tax implications for non-residents selling ancestral property in India Besides Bengaluru, housing rents have soared in other metropolitan cities including Hyderabad, Pune, Delhi and Mumbai.
09.11 / 09:19
Provident Digital Platform economy show reports prevention Centre Centre losing revenue as crypto trading moves offshore
offshore platforms after the government levied 1% tax deducted at source (TDS) on trading of virtual digital assets (VDAs) with effect from July 2022. The study, by Delhi-based think-tank Esya Centre, found that over Rs 3,50,000 crore was traded by Indians on offshore platforms between July 2022 and July 2023, which is over 90% of total VDAs traded by Indians. This has deprived the exchequer of Rs 3,493 crore of revenue, as against the collected revenue of Rs 258 crore, because of offshore trades that are not TDS compliant. This also means that billions of dollars of capital gains tax will not be collected on these trades conducted offshore.
09.11 / 09:19
Provident Action recommendations Uttar Pradesh's air quality deteriorates to 'very poor' category
Air Quality Index (AQI) in Uttar Pradesh deteriorated from the 'poor' category to the 'very poor' category on Thursday, as per the data from the Central Pollution Control Board (CPCB). In view of the worsening air quality index, the Noida and Ghaziabad district administrations on Tuesday decided to discontinue all physical classes in schools apart from those for students of Class X and XII until Friday, in view of the worsening air quality conditions. The administration suggested that schools conduct classes in online mode. Meanwhile, the neighbouring Delhi government on Monday decided to reintroduce the odd-even rule from November 13 to 20 in view of concerns about deterioration in air quality. A decision on further extending the odd-even rule would be taken later. According to the 8-point action plan, there will be a ban on entry of truck traffic into Delhi (except for trucks carrying essential commodities/ providing essential services and all LNG/ CNG/ electric trucks). The Supreme Court on Tuesday expressed grave concern over the hazardous air quality in the national capital and directed that farmers should stop stubble burning forthwith in Punjab, Haryana, and western Uttar Pradesh, saying it was one of the major contributors to air pollution. Air pollution levels can be high during the winter months for a number of reasons, including dust and vehicular pollution, dry-cold weather, stubble burning, burning crop residues after the harvest season, and commuting.
09.11 / 08:33
Man Inside hospital information reports travelers patient UP man arrested for urinating on female patient in Ballia's hospital
urinating on a woman inside the district hospital. An FIR regarding the incident has also been registered at Kotwali police station." A local resident of Sukhpura village informed that the incident took place on Tuesday night, the complaint of the victim read. The man has been identified as Vikas Singh who entered the ward the victim was admitted in and urinated on her as she lay on the bed, PTI reported.
09.11 / 04:45
Provident pandemic information travelers Department Hong Kong makes pre-arrival registration mandatory for Indian travellers
Hong Kong Immigration Department has made pre-arrival registration mandatory for Indian travellers. Indian nationals travelling to Hong Kong will need to complete a pre-arrival registration process online before they board their flight. «Indian nationals must apply for and successfully complete pre-arrival registration online before they can visit or transit the HKSAR visa-free (if seeking to enter the HKSAR during transit). Pre-arrival registration is not required for Indian nationals in direct transit by air and not leaving the airport transit area,» the Hong Kong Immigration Department said on its website. An Indian national can make use of the online service to apply for pre-arrival registration free of charge if he/she: Upon successful registration, travelers will receive a computer-generated notification slip. This slip must be printed on A4-sized paper and presented at the airline’s check-in counter. The details on the notification slip must match the traveler’s passport information exactly. Failure to present this document may result in denied boarding. «When applying for pre-arrival registration, the registrant must truthfully enter the correct information. The information the registrant provides in the pre-arrival registration needs to be exactly the same as it appears in his/her passport and he/she must use the same passport that is linked to it when visiting the HKSAR,» Honk Kong immigration department has warned travellers.
09.11 / 04:13
Citi Cooper Citizens Waters Action BURST Mumbai Mumbai pollution: 5 new initiatives taken by Maharashtra govt to improve air quality
Top 10 polluted cities in India In view of the deteriorating air quality in Mumbai, several new initiatives have been taken by authorities to reduce air pollution. Maharashtra Minister Deepak Kesarkar said initiatives like, 'cleaning up the roads with water', ' sprinkling water on construction sites', and 'fogging guns are being used to clean air'. Beyond stubble burning: Why is dealing with other 'consistent' sources of Delhi air pollution important He appealed to citizens not to burst firecrackers during Diwali and extended cooperation in improving Mumbai's poor air quality index.
09.11 / 04:11
Citi Digital Action show stage reports Department Delhi's air quality at 'severe' but some relief seen just before Diwali
Diwali as meteorological conditions are likely to become slightly favourable. The city's Air Quality Index (AQI) was at 420 at 8 am on Thursday, tad lower than 426 at 4 pm on Wednesday.
08.11 / 15:59
Provident Aviat Action ICE stage reports Department How can IIT Kanpur's ‘artificial rain’ help curb Delhi pollution issue? Explained
air quality index (AQI) in Delhi stood at a 'very poor' level of 398. To address this issue, the Indian Institute of Technology (IIT) Kanpur has proposed the idea of "artificial rain" to reduce pollution levels in the national capital. This project has been in development since 2018, and the institute conducted trials in July of this year, as reported by the Economic Times.
08.11 / 15:59
information 'ISIS terrorist' Wajihuddin from UP arrested in Chhattisgarh after 24-hour long search
ALSO READ: Who is Shahnawaz, NIA's most-wanted and suspected ISIS terrorist? “After a 24-hour-long search operation, he was nabbed," the release said. Durg police handed over Wajihuddin to the UP ATS and further court-related procedure was being carried out, it said.
08.11 / 14:23
Citi reports Department Delhi bans entry of app-based taxis from other states amid worsening air quality
The Delhi government today banned the entry of app-based taxis into the national capital. However, taxis with Delhi registration numbers will be allowed entry. «The court has ordered that we stop taxies coming from outside Delhi.
08.11 / 13:53
Twitter Fighting Metro PINK stage travelers Diwali 2023: DMRC revises Delhi metro timings for Sunday. Details here
Also Read: Delhi Metro alert! Delay in services on the Pink Line. Details here The revision in schedule can affect the late-night travelers of the Delhi metro. On Sunday, Delhi Metro train services will commence from 6:00 am onwards on all lines and from 4:45 am on Airport Express Line, said DMRC in its announcement.
08.11 / 13:37
FIVE Mobile performer country 2020 India pips China to become most represented country in QS University Asia Rankings
China to become the most represented country in the QS World University Rankings: Asia 2024 for the first time ever, reflecting the rising prominence of the South Asian country’s higher education system amid steps taken towards increasing the research output, academic recognition and internationalisation. As many as 148 Indian institutions feature on the sixteenth annual list comprising 856 universities from 25 Asian countries released by global higher education analyst Quacquarelli Symonds, ahead of Mainland China (133) and Japan (96). Last year, 118 Indian universities had made it to the list. Indian Institute of Technology-Bombay (IIT-B) is at the top of the India table, at the 40th spot regionally, followed by IIT-Delhi (46) and IIT-Madras (53).
08.11 / 12:18
Citi Action stage reports Delhi air pollution: Government bans entry of app-based taxis to the national capital
Arvind Kejriwal government in Delhi Wednesday banned the entry of app-based taxis into the national capital to curb air pollution, reported PTI. Delhi Environment Minister Gopal Rai said the entry of app-based taxis into the national capital has been banned and only cabs bearing registration numbers of Delhi will be allowed to ply in the city. The decision was taken after the Supreme Court asked the Kejriwal government to consider banning app-based taxis in Delhi as a means to control the air pollution in the national capital.
08.11 / 11:57
Provident Strategy Mobile Parke Experts reports recommendations Support India's CEC wants EVs to be used for energy storage to support national grid
EVs) to be used for energy storage in a bid to support the national grid, ET Energy reported, citing a CEA report. The report, prepared with contributions from experts at IIT Bombay, IIT Delhi, and IIT Roorkee, among others, envisions a future where EVs can support the grid by offering services like peak shaving and load balancing. Emphasising the significance of smart charging and vehicle-to-grid (V2G) services, the CEA report said that EVs can be used as flexible loads and decentralised storage resources, providing additional flexibility to support power system operations. «With smart charging, EVs could adapt their charging patterns to flatten peak demand, allow valleys and support real-time balancing of the grid by adjusting their charging levels,» the CEA report stated. According to the report, the parked EVs also have massive potential. The report stated that the parked EVs remain idle for 80–90% of their lifetime and have vast electricity storage capacity. The report said that smart charging infrastructure could facilitate the seamless integration of renewable energy and advocated for supportive regulatory policies for sustainable EV charging systems.
08.11 / 11:09
Provident cover hospital testing recommendations patient pneumonia Delhi air pollution: Severe air quality can hit your finances. Know how health insurance helps
Severe air pollution in Delhi at this time of the year has become an annual affair. While governments have failed to effectively curb the root causes behind deteriorating air quality in the National Capital Region, the gloomy atmosphere is leading to a rise in the number of patients with breathing issues. 
08.11 / 11:09
Citi CEO performer reports Luxury housing sales in top 7 Indian cities rise by 97% YoY in Jan-Sep’23
The luxury housing segment in India, comprising units priced at Rs 4 crore and above, maintained strong sales momentum in the Jan-Sep’23 period, registering a 97% Y-o-Y increase, according to CBRE’s ‘India Market Monitor Q3 2023’ report.

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