City Delhi Financial News

The Omaxe Group, a leading real estate company, claims to have amicably resolved the brother’s legal dispute in NCLT Chandigarh and Delhi. Pursuant to an amicable settlement, Sunil Goel has unconditionally withdrawn all his complaints and cases, which were pending before various courts, tribunals, regulators and authorities.

India — Covishield and Covaxin — and increase in the risk of heart attacks, according to an observational study which emphasises the protective effect of the jabs. The research, published recently in the journal PLOS One, determined the impact of COVID-19 vaccination on mortality following acute myocardial infarction (AMI) or heart attack.

heart attack. The retrospective study used data from 1,578 people admitted to G B Pant hospital in Delhi between August 2021 and August 2022. As many as 1,086 (68.8 per cent) were vaccinated against COVID-19 while 492 (31.2 per cent) were unvaccinated. Among the vaccinated group, 1,047 (96 per cent) had received two doses of the vaccine while 39 (4 per cent) had received only a single dose. «Our study found that vaccines used in India are safe.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has claimed the BJP is working unitedly for the forthcoming Assembly elections and there is no «internal wrangling» within the party. Referring to Jyotiraditya Scindia joining the BJP in 2020, he said, «Those who came with Scindia Ji have assimilated into our party like sugar in milk.

Commuter woes are set to mount in the national capital amid the G20 Summit with metro closures, bus diversions and more. Officials have announced the complete closure of one metro station and indicated the possibility of additional curbs. “Delhi Metro services will be affected at the Supreme Court metro station only.

YES Bank surged as much as 10% in intra-day trade on Monday, extending gains from the previous session, and hit the highest level in over 7 months. The sharp rally in the stock was backed by significant volumes, as more than 647 million shares changed hands on the NSE, which was nearly six times higher than the 6-month average trading volume of 115 million shares. In two sessions, the stock has gained more than 13%, and it scaled a 7-month high of Rs 19. According to reports, JC Flower asset reconstruction company has reached a resolution with Subhash Chandra-led Essel Group to settle the outstanding dues, thereby ending a 2-year tussle between the group and YES Bank. In April last year, YES Bank transferred Rs 48,000 crore of its bad loans to JC Flower, and the bank’s exposure to Essel Group was part of this. JC Flowers ARC has worked out a one-time settlement with the group that will lead to a 75% haircut, reports said. Against an outstanding debt of Rs 6,500 crore, Chandra’s Essel Group will pay JC Flowers Rs 1,500 crore to regain ownership of the family’s stake in assets, including Dish TV and Zee Learn, as well as three properties, including a bungalow in central Delhi. The sale of bad loans did help in improving YES Bank’s balance sheet. In the June quarter, the bank’s gross non-performing assets ratio came down significantly to 2% from as high as 13.4% a year ago.

Supreme Court. This comes after a letter was sent from DCP Metro to the Chief Security Commissioner, Delhi Metro asking them to close the gates of some metro stations in view of the security concerns. Addressing the Media, Surender Yadav said «Delhi Metro services will be affected at the Supreme Court metro station only. Metro services will continue at all other stations.

₹40,545 to ₹58,565, beginning from September 14. These reduced fares are expected to remain in the range of ₹17,885 to ₹21,444 and stable until November 1. Afterwards, fares are anticipated to rise again, coinciding with the festival season and the New Year rush.

Bhubaneswar: A Delhi-bound IndiGo flight made an emergency landing at the airport here on Monday due to some technical snag, an official said. All passengers are safe, he said. The aircraft made the landing 40 minutes after taking off from the Biju Patnaik International Airport (BPIA). «After the detection of technical problems mid-air, the Delhi-bound IndiGo flight made the emergency landing at the airport at 8.20 am,» BPIA Director Prasanna Pradhan told PTI. A full-scale emergency was declared, and the aircraft landed safely at the airport, he said.

G20 Summit which is to be held in the national capital from September 8 to 10. In total, gates of 39 metro stations that open towards the VVIPS Route will be closed. Additionaly, certain stations including Supreme Court, Janpath, Bhikaji Cama Place, Khan Market, and Dhaula Kuan, have been designated as 'Sensitive' stations. As per a letter of DCP Metro G.

Prime Minister Narendra Modi's government hopes the elaborate effort to make New Delhi sparkle — a “beautification project" with a price tag of $120 million — will help showcase the world’s most populous nation’s cultural prowess and strengthen its position on the global stage. But for many street vendors and those crammed into New Delhi's shantytowns, the makeover has meant displacement and loss of livelihood, raising questions about the government's policies on dealing with poverty. In a city of more than 20 million people, the 2011 census had the homeless at 47,000 but activists say that was a vast underestimate and that the real number is at least 150,000.

G20 Summit 2023: At the venue of the G20 Summit, heritages of 29 countries will be showcased, including the Mona Lisa and a copy of the 13th-century Magna Carta. According to the Ministry of Culture, the second level of Bharat Mandapam, G20 Summit's main room, will host an exhibition comprising showpiece artwork from all 29-nation participants in both digital and physical form. Also read: G-20 Summit 2023: THESE metro stations to be completely shut between Sep 8-10 As part of the 'Culture Corridor – G20 Digital Museum', artifacts in physical and digital formats sourced from all G20 members and invited countries, will be exhibited on the same floor where the leaders' meetings will take place, and they will walk through this "cultural corridor" while moving into and out of the summit room.

G-20 Summit on September 9 and 10 at the newly constructed Bharat Mandapam Convention Centre in Pragati Maidan in New Delhi. Ahead of the much-anticipated event, Delhi Police Metro unit head has asked the Chief Security Commissioner to close some metro station gates towards the VVIP routes from September 8 to 10.

Comex is closed for trading today on account of US Labour day. Gold futures ended at $1,965.35 per troy ounce on Friday, down by $1 or 0.05% while Silver futures closed at $24.530, lower by $0.003 or 0.010%. The DXY was trading at 104.16 against a basket of six top currencies, though the bias ws negative. The October Gold futures had ended with gains of Rs 36 or 0.06% per 10 gram at Rs 59,410 on Friday while the December Silver futures closed lower at Rs 75099, down by Rs 583 per kg or 0.77%. «Gold's value increased during the week due to optimism about the Federal Reserve ending its tightening cycle as the US jobs report showed controlled cooling in the labor market, with solid hiring, slower earnings growth, and more people returning to work,» Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said. On the daily chart, the October Gold contract is showing a pattern of higher highs and higher lows, which indicates a bullish sentiment while the RSI indicator is forming an upward trendline, suggesting that prices might move higher in the upcoming days, Qureshi said. The momentum indicator MACD has shown a positive crossover which signals bullish trends in the gold prices, this analyst said while putting resistance around Rs 59,600 — Rs 60,000 while support at Rs 59,150 — Rs 58,900 levels. Analyst Amit Khare Associate Vice President at Ganganagar Commodity sees some profit booking in gold with momentum indicator RSI indicating the same. His advice to traders is to book their long positions and they can make fresh short positions in gold and silver near a given resistance level.

Food delivery platforms, restaurant chains and food services companies have urged the government to allow deliveries as part of "essential services similar to the pandemic lockdowns", ahead of the G20 summit. The government has announced a series of restrictions and closures and said New Delhi will be considered a «controlled zone». «Food and groceries are essential services. These deliveries were permitted even during Covid-19 lockdowns.

NEW DELHI, MUMBAI : Owners of three Indian Premier League (IPL) teams have approached the Board of Control for Cricket in India (BCCI) regarding their capital raising plans, three people aware of the matter said. While KPH Dreams Cricket Pvt. Ltd (Kings Xi Punjab) and JSW GMR Cricket Pvt.

Real estate is booming and rentals more so. With companies now driving back the workforce to office post the covid pandemic, renting houses in metros has become a nightmarish experience. This is particularly true in Bengaluru, where landlords even check your Linkedin profile before signing a rental agreement. Tenants also have to deposit a big advance and pay brokerage fees before moving in.

Delhi government has raised questions over secretary-level salaries paid to three non-official members of the DDCD and sought an explanation from the finance and planning departments over it, officials said on Sunday.

A post shared by Ayush Kejriwal (@designerayushkejriwal) Sharing the details of his mother's travel, Kejriwal said that she was traveling from Delhi to Kolkata on 31 August. He added that they chose an assisted travel plan, as per which she will be assisted throughout her journey to Kolkata. But when the flight reached Kolkata, everybody got off and his mother was told to wait, he alleged, adding, that despite her mother patiently waiting no one came for her.

Shah Rukh Khan's 2023 January release Pathaan was the much needed breather for an otherwise failing Bollywood in the post pandemic recovery phase. Jawan is expected to cinch similar records pr break them probably in terms of box office collections. Trade analyst Taran Adarsh on Sunday took to microblogging site ‘X’ (formerly Twitter) to say that ‘the advance booking status at *non-national chain cinemas* and *single screens* is PHENOMENAL’.

G20 Summit in New Delhi on September 9 and 10. The arrangements will be a showcase for Prime Minister Narendra Modi and India's growing presence on the world stage. The two-day summit will have the most high-profile guest list India has ever welcomed, from US President Biden to British Prime Minister Rishi Sunak and Saudi Arabia's Mohammed Bin Salman.