City Delhi Financial News

11.09 / 07:45
MET Cooper country ‘India-Saudi Arabia partnership crucial for stability, welfare of region and world,’ says PM Modi
Narendra Modi on Monday said that the India-Saudi Arabia partnership is crucial for the stability, and welfare of the region and world. PM Modi at the India-Saudi Arabia Strategic Partnership Council meeting said, “We are adding a new dimension to our ties in tune with changing times.
11.09 / 07:15
Mamata Banerjee attending G20 dinner: TMC says, ‘No political agenda...’
Narendra Modi government. The state Congress president also wondered whether there was “any other reason" for the Trinamool Congress supremo to take part in the programme. "When many non-BJP CMs refrained from attending the dinner, Didi (Mamata Banerjee) went to Delhi a day in advance.
11.09 / 06:59
Art Digital Cooper Platform film track country India, Saudi Arabia discuss mechanisms to promote joint cultural projects
India, Delhi and Riyadh have explored the possibility of offering artist residencies and holding joint training programmes in cultural domains such as film, culinary arts, and visual arts. The two sides have also discussed mechanisms for preserving intangible cultural heritage and historical sites. These programmes will introduce Indians to Saudi culture and vice versa and will foster mutual understanding and collaboration in various fields, Saudi Minister of Culture Prince Bader bin Abdullah bin Mohammed bin Farhan Al Saud told ET’s Dipanjan Roy Chaudhury in an exclusive interview.Q: The Ministry of Culture’s recent participation in the 4th G20 Culture Ministers' Meeting highlighted the importance of cultural cooperation among nations. In what ways has the Kingdom of Saudi Arabia contributed to the G20 Cultural Track?A: The Kingdom’s contributions to the G20 Cultural Track stem from our belief that culture is fundamental to the human experience, as it both expresses and shapes our humanity.
11.09 / 06:59
Citi Progressive Platform Entertainment Interface show country REIT monetisation potential prompts retail-led realty assets’ single ownership structures
real estate assets through the Real Estate Investment Trusts (REITs) has infused higher transparency in transaction and management structures of these assets and realtors are now aiming to develop investment grade assets with single ownership structure. The developers have started appreciating that retail is a specialized asset class that constantly requires upgradation of tenant mix and the property with focus on parameters such as zoning and mall management to ensure monetization of the asset. Indian retail-led real estate is expected to witness a supply of over 38 million sq ft between the second half of 2023 and 2027. Of the existing retail real estate stock across the top seven cities of India, around 44 million sq ft of retail assets offer a potential to be listed as a REIT and of these, more than half are in Mumbai and NCR-Delhi region, showed data from JLL India. “India’s retail sector is on an elevated growth curve where the focus is on creating an innovative built environment, greater connections with the consumers, and curating physical storefronts in untapped regions of the country including tier II and III cities,” said Rahul Arora, Head of Office Leasing Advisory and Retail Services, India, JLL. Following the success of three office properties-led REITs, India’s public markets saw the launch of the first retail assets-led REIT, Nexus Select Trust, earlier this year.
11.09 / 06:27
LGBT show beautiful social 'Big men don’t have ego.' Photo of UK PM Rishi Sunak’s heartwarming interaction with Bangladesh premiere Sheikh Hasina is going viral for the right reasons!
Rishi Sunak is on a roll charming netizens across the world. A photograph of the British PM’s cute interaction with Bangladeshi Prime Minister Sheikh Hasina during the G20 Summit meeting at Delhi has gone viral on social media, leaving many netizens touched at the former’s humility. In the picture both the political leaders are shown engaging in a cordial conversation, with Sunak sitting on one knee, listening to Hasina with rapt attention. One X (formerly Twitter) user shared the photo and praised the British PM profusely for his sweet gesture. “Big men don't have ego! Prime Minister Rishi Sunak of UK sat down on the floor to match the comfort — in a tetatete with with Prime Minister Sheikh Hasina,” they wrote. Another netizen pointed out that even though Sunak was an NRI (non-residential-Indian), he was still well-versed in the culture enough to show respect to his elders, as being deferential to elders is an intrinsic part of Indian culture.
11.09 / 06:03
Citi Reuters Luna show country end ‘Back to normalcy,’ Brazil hopes for Russia-Ukraine war's end by next G20 Summit
da Silva, on Monday expressed his wish for the Russia-Ukraine war to conclude and for a return to normalcy when the next G20 Summit in Brazil begins. As reported by ANI, Lula said, “I do not know the reason why President Putin and Xi Jinping did not participate here but I will invite them and I hope that they will come to Brazil and participate in the Summit. I hope that when we open the Summit in Brazil, the war has ended and we are back to normal times." Luna further added, “I would like to congratulate India for organising the Summit exceptionally well.
11.09 / 06:03
Provident Cooper Entertainment country social India-Saudi Arabia Relations: Crown Prince receives ceremonial welcome, to hold meeting with PM Modi
Narendra Modi, and other ministers during the event. “I am very glad to be here in India. I want to congratulate India for the G20 Summit...A lot of announcements have been made that will benefit G20 countries and the world.
11.09 / 05:57
Digital Google Mobile show country social Racist, sexist, casteist: Is AI bad news for India?
In both cases, most of those charged were Muslim, leading human rights groups and tech experts to criticise India's use of the AI-based technology to target poor, minority and marginalised groups in Delhi and elsewhere in the country.
11.09 / 04:29
UPS Citi Booking Yellow Indian Gold Prices Gold Rate Today: Gold prices in India gain amid decline in dollar. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities
On Comex, Gold futures were trading at $1,946.60 per troy ounce on Monday, up by $3.90 or 0.20% while Silver futures were at $23.300, higher by $0.126 or 0.540%. The October Gold futures had ended with losses of Rs 91 or 0.15% per 10 gram at Rs 58,907 on Friday while the December Silver futures closed lower at Rs 71,538, down by Rs 232 per kg or 0.32%. «The gold price will continue to trade in a broader range of $1,905 to $1,935. From a technical perspective, Comex gold has strong support at $1,915.
11.09 / 04:15
UPS Citi Action Gap Remark Delhi Declaration at G20 ‘undoubtedly a diplomatic triumph’ says Shashi Tharoor ‘but also an attempt...’
ANI, Shashi Tharoor said, “The Delhi Declaration is undoubtedly a diplomatic triumph for India. It's a good achievement because right until the G20 summit was being convened, the widespread expectation was there would be no agreement and, that, therefore, a joint communique might not be possible, and, that we might have to end up with a chairman's summary." Moreover, the Congress MP also praised the Modi govt for bringing all member states to a consensus on the New Delhi Declaration.
11.09 / 03:13
UPS ‘What prompted you?’ Adhir Choudhury questions Mamata Banerjee's Delhi visit for G20 dinner; TMC replies
Narendra Modi's government, PTI reported. Speaking to media persons here, Choudhury said, “hen many non-BJP CMs refrained from attending the dinner, Didi went to Delhi a day in advance. She attended the occasion with Home Minister Amit Shah and Uttar Pradesh CMYogi Adityanath in the same room." “I wonder what prompted her to rush all the way to Delhi to be at the dinner party along with these leaders.
11.09 / 01:57
Citi FIVE BAY Weather update: IMD predicts heavy rains in THESE states till 14 September. Check weather forecast here
Weather update: The India Meteorological Department (IMD) has predicted possible active monsoon conditions over several parts of the state till 14 September. As per IMD, heavy rains has been predicted over East Rajasthan, Madhya Pradesh and Uttar Pradesh on 10th and 11th September and over northeast India during next 2-3 days. Moreover, the weather department has also predicted an increase in rainfall activity with isolated heavy falls over Odisha and Chhattisgarh from 12th September.
11.09 / 01:57
Provident love Celebrity country ‘Give away Gandhi title’, Assam CM Sarma slams Rahul Gandhi, terms Gandhi family ‘Sardar of duplicate’
leadership. Also Read: ‘Congress uses India and Bharat as per its political convenience’: Assam CM Himanta Biswa Sarma "Kamakhya corridor will come into reality in the next two years. Only because of PM Modi, the Delhi declaration happened amid Ukraine, Russia war.
11.09 / 01:47
Siemens BEAS Enterprise show blues Stocks in news: Adani Enterprises, Adani Ports, Coffee Day, Siemens, IRB Infra
Adani Enterprises, Adani PortsBillionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies — Adani Enterprises and Adani Ports — as the ports-to-energy conglomerate continues to work on a claw back strategy.IRB InfrastructureIRB Infrastructure Developers, IRB Infrastructure Trust, have collectively reported the toll revenue of Rs 417 crore for the month of August, showing growth of 24% year-on-year.SJVNSJVN, through its wholly owned subsidiary SJVN Green Energy Limited (SGEL), has signed a PPA with Bhakra Beas Management Board (BBMB) for 18 MW solar power.Read more: Here's the trade setup for today's sessionCoffee Day EnterprisesAn application has been filed against the company under Insolvency and Bankruptcy Code. The company said it is seeking appropriate legal advice and will take all appropriate steps to protect its interest.InsecticidesA fire accident occured at one of the plants in Dahej.
11.09 / 00:25
Waters Action POT Centre 'Exaggerated, misleading': Centre issues rebuttal as Opposition fumes over 'flooding' at G20 venue
G20 Summit began on a controversial note with Opposition leaders raging over waterlogging at the venue. Members of the Congress, AAP and TMC were among the many politicians and critics that shared videos from Bharat Mandapam (as the newly inaugurated building is known) to underscore their point, eventually prompting a fact check from the Centre. “A video claims that there is waterlogging at venue of G20 Summit.
10.09 / 21:35
COST UPS FIVE Digital Manufacturing Fighting country Next 4-5 years key for India to fill supply chain gaps: Ajay Banga, President, World Bank
India has got a lot of things right,World Bank president Ajay Banga said in an interview with ET, adding that he’s more optimistic about the country economically than he was 20-30 years ago. Banga, who was in Delhi for the G20 summit, spoke about the changing vision of the World Bank, climate finance, the Delhi Declaration consensus and India's trajectory.Edited excerpts:How do you view the outcome of the G20 summit? I think the fact that the leaders all came together showed the willingness to compromise on different parts of a declaration, and brought a way to put it together, was pretty good. And I think a few days ago, nobody would have given any chance for that to come together.
10.09 / 19:11
UPS Waters SUN Manufacturing CEO Mobile JCB eyes India for hydrogen engines
agricultural equipment. India is already a large producer of diesel engines to meet JCB’s global needs, and it would take up the manufacture of even hydrogen engines once the technology is mastered and put into JCB machines, chairman Lord Bamford said. “We make engines in India.
10.09 / 19:11
UPS Aware awards stage social IITs tap foundations, alumni to drive fundraising efforts
₹578 crore in the past four years. In FY23, it had collected ₹231 crore, one of the highest amounts in recent years. The institute is encouraging alumni to visit campuses as well as project locations and hosting events as it aims to launch more projects at the national level.
10.09 / 19:09
FIVE Celebrity country social PM’s Vishwakarma Scheme launch on Sept 17: 70 ministers to attend event at 70 locations
Narendra Modi will be launching the ‘PM Vishwakarma Scheme’ virtually on September 17 from Delhi on ‘Vishwakarma Day’ that will be attended by 70 ministers from 70 different locations across the country. PM Modi had mentioned the scheme during his Independence Day speech.
10.09 / 18:41
Citi Gap TCS UBS Chanel Inside International luxury brands Proposed tax on international card purchases may drive sale of luxury brands in India
Liberalised Remittance Scheme, in case of amounts exceeding ₹7 lakh in a financial year from October 1, is likely to push the sale of luxury brands in India, experts said. Covid had helped boost demand for luxury brands in India as international travel restrictions shifted sales to domestic stores. That is now set to get another boost due to narrowing of the price gap between foreign and local markets after accounting for the 20% tax collected at source (TCS), mall owners said. «An Indian consumer earlier used to go abroad and shop in Dubai or London, but when the pandemic happened, many of those brands like Chanel or Hermes called their Indian consumers to do small events inside the store.
10.09 / 18:01
Extreme country India to take final call on crypto regulations after talks: Official
The release of a paper that synthesised separate recommendations by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) to coordinate measures to stop crypto assets from undermining macroeconomic and financial stability was advanced by about a month so that G20 members could form their assessment on that before the Leadership Summit on September 9-10, he said. The paper, released on September 7, has endorsed regulation of crypto assets, instead of a blanket ban, saying the prohibition could be «costly and technically demanding to enforce».

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