City Delhi Financial News

Narendra Modi said his party is clearing bills stuck in the Parliament for 20 years which is why the government in power should have majority support. The Prime Minister was addressing Nari Shakti Vandan-Abhinandan Karyakram at BJP headquarters in Delhi after the Parliament wholeheartedly passed the Women's Reservation Bill on Thursday. “BJP is clearing bills stuck in parliament for 20 years. This is why the government in power should have majority support,” he said. The Parliament on September 21 passed the historic bill to provide 33 per cent reservation for women in Lok Sabha and state assemblies. The bill saw the light of the day after 27 years after it was first passed in Rajya Sabha in 2010 during the Congress-led UPA government.

Delhi Chief Minister Arvind Kejriwal has embraced a new digital avenue to connect directly with the people of the city. His personal WhatsApp channel went live on Friday, shortly after the launch of the Delhi Chief Minister's Office (CMO) WhatsApp channel earlier this week. The move underscores the Delhi government's commitment to establishing a more «personal connection» with its citizens, as stated by the Chief Minister's Office (CMO).

In a show of support to Delhi government's ban on use of firecrackers, Supreme Court refused to interfere in to the matter. It also rejected plea seeking the manufacture and use of firecrackers using barium.

₹58,730 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 58,778, and a low of ₹58,729. Around 9.20 a.m., MCX Gold for October 5 delivery traded 0.08 per cent lower at ₹58776 per 10 grams.

Apple Store in Delhi and Mumbai and other retail stores are unboxing locally made iPhone 15 and iPhone 15 Plus models, a first for the company since it started manufacturing iPhones in India in 2017. Industry executives said the entire local demand for the base and plus models will be served by India-made iPhones. The locally made units have also been exported to other regions. All four in the iPhone 15 series, launched earlier this month, went on sale Friday, with customers queuing up in hundreds since early morning at the stores.

₹1.46 lakh. It is more than ₹1.01 lakh on the Toronto-Delhi route. Similar fares for New Delhi-Montreal cost over ₹1.55 lakh and over ₹1.16 lakh in the opposite direction.

National Highway Authority of India (NHAI) inaugurated a 244 km stretch of Delhi-Mumbai Expressway between Jhabua of Madhya Pradesh to Modak of Rajashtan, near Jhalawar, on Wednesday i.e September 20, 2023. The new stretch of the expressway is passing through Madhya Pradesh covering several districts in the western region. This new road connectivity for the state passing through Jhabua, Mandsaur and Ratlam districts in Madhya Pradesh, connecting major cities, including Garoth, Jaora, Ratlam, and Thandla will open a direct conduit to New Delhi, the national capital and, Mumbai, the financial capital of the nation, the Times of India reported.

New Delhi: India’s largest airline IndiGo has signed a codeshare partnership with UK flag carrier British Airways InterGlobe Aviation-promoted IndiGo currently has codeshare partnerships with Turkish Airlines, Qatar Airways, Qantas, Virgin Atlantic, KLM, American Airlines, and Air France. Under a codeshare agreement, airlines agree to sell seats in each other's flights in order to provide their respective customers a wider network. With this codeshare partnership with IndiGo, British Airways will now be able to add three additional routes to their existing network, including Rajkot to London Heathrow via Mumbai, Vadodara to London Heathrow via Mumbai and Thiruvananthapuram to London Heathrow via Mumbai.

Canadian Prime Minister Justin Trudeau, during his G-20 visit to India, refused to stay in the pre-arranged presidential suite in The Lalit Hotel. Several media reports have cited sources in the security arrangement of India during recently concluded G-20 Summit, saying that Trudeau and his delegation stayed in normal rooms in The Lalit Hotel in national capital Delhi. The Canadian Prime Minister stayed in a normal room at the hotel during his stay in India.

PrimeVault, his journey from Silicon Valley Product Manager to entrepreneur is a testament to his lifelong admiration for groundbreaking technologies and determination to solve complex challenges that impact humanity. With a profound bias towards addressing some of the most intricate issues, Prashant decided to leave his comfortable position at a rocket ship startup at the ripe age of 30. From there, his entrepreneurial spirit led him to create his own venture.

Big Billion Days 2023 Sale on the platform. The sale is often considered a high time revenue generation chance for the e-commerce platform and potential customers in India also wait for it. As per the track record, interested buyers can expect bank offers, discounts, cashbacks and price cuts in broadly all categories.

₹21 crore in damages from the pilots for failing to serve the mandatory notice period of six months for pilots and one year for commanders. Damages have been sought on account of revenue loss caused by cancelled flights, reputational loss to the airline, and the costs it had incurred on training the pilots. The airline simultaneously moved the Delhi High Court, asking it to take action against the pilots.

Arvind Kejriwal-led Delhi government on 21 September floated tenders for deploying e-scooters, and e-cycles for last-mile connectivity in Dwarka, reported PTI. As the new policy is in the works, the Delhi government is likely to extend the existing EV policy by six months, said Transport Minister Kailash Gahlot. On August 8 this year, the Delhi Electric Vehicles Policy-2020 expired and the government had said that the subsidy being given under it would continue till a new policy gets notified.

₹70 to over ₹100, it was a significant shock to households and businesses' balance sheets. The exorbitant cost of fuel has forced households to cut back on spending for other essential items. But, it appears that the government has not acknowledged the economic fallout and is maintaining the status quo.

Everest Fleet has raised Rs 50 crore (around $6 million) from private equity firm Paragon Partners, as it looks to accelerate growth and expand into new markets. The equity investment into Everest Fleet has come just a month after it raised an undisclosed amount of debt from mid-market-focused alternative investment fund Arka Credit Fund I, by issuing non-convertible debentures.

Kailash Gahlot on Thursday said the Electric Vehicles Policy 2.0 will look at incentivising retrofitting of vehicles considering its high cost. In an interview to PTI, the minister said that since the new policy is in the works, they will extend the existing policy by six months or until the new one is ready. The Delhi Electric Vehicles Policy-2020 expired on August 8 this year and the government had said that the subsidy being given under it would continue till a new policy gets notified. «We are moving a cabinet note and within this week it should be finalised. The existing policy will be extended for six months or until the new policy is notified,» he said. Talking about the new policy that is in the works, the minister said the one thing that they will look at is the concept of retrofitting. «People want to convert their IC (internal combustion) engines into electric ones. The process is expensive. For converting a normal Gypsy, it takes almost Rs 5-6 lakh, which is on the higher side. We will look at how to incentivise it,» he told PTI.

Delhi (MCD) is set to take a significant step towards enhancing the upkeep of its major roads. As per a TOI report, this week, the MCD will initiate the process of selecting a project management consultant for a comprehensive plan worth Rs 62 crore aimed at mechanized sweeping and maintenance of over 1,400 km of roads with a width exceeding 60 feet within the city. Presently, the responsibility for maintaining these roads lies with the Public Works Department.

Aadhaar card would have to be mandatorily furnished for his admission to a private unaided recognised school under any of the three categories of economically weaker section (EWS), disadvantaged group (DG) and children with special needs (CWSN).

Royal Enfield Rental will be accessible in cities such as Ahmedabad, Mumbai, Gujarat, Maharashtra, Chandigarh, Dharamshala, Leh, Manali, Haridwar, and Rishikesh. Additionally, the manufacturer will extend its motorcycle rental services to Udaipur, Jaipur, Jaisalmer, Goa, Kochi, Bhubaneswar, Thiruvananthapuram, Visakhapatnam, Delhi, Chennai, Bengaluru, Hyderabad, Shimla, Nainital, Bir Billing, Siliguri, and Dehradun. The company says that it intends to include more cities to this roster as part of its expansion plans.

Justin Trudeau's security personnel stirred up concerns among Indian intelligence agencies during the recently concluded G20 summit when they declined the offer of staying in the presidential suite, which had been prepared by the Indian security establishment in line with the summit's strict security protocols for heads of state, a TOI report stated. The chosen accommodation for Trudeau was the Lalit Hotel in Central Delhi, where a pre-planned security setup had been put in place. This included state-of-the-art security features such as bulletproof glass reinforced with a thick layer of polycarbonate plastic, capable of withstanding even sniper bullets.

India on Thursday suspended visa services in Canada citing ‘operational reasons’. The move comes amid the tension between India and Canada over the killing of Khalistani terrorist Hardeep Singh Nijjar.