City Delhi Financial News

G20 Summit 2023. For the first time in history, India has become the host the the Group of 20 Nations (popularly known as G20).

Arvind Kejriwal said it is no time for blame game as international guests will be coming to the city. Saxena, in an interview with PTI earlier in the day, said the preparatory work for the G20 summit would have taken lesser efforts had the city government worked throughout the last nine years. “Lesser efforts would have been reqd (required) had MCD under BJP worked for 15 years.

G20 Summit scheduled on 8th, 9th and 10th September, travelers to the AGI Airport can use metro services to go to the airport from the nearest metro station. The Delhi Police tweeted guidelines on Saturday amid increasing commuter concerns. The Country's capital has been preparing for the G20 Summit with much pomp and splendor and are looking forward to hosting world leaders and their spouses, celebrating India's rich culture and cuisine.

excise policy (old) currently under operation since September 1, 2022, was brought by the Delhi government after its ambitious new excise policy for 2021-22 came under the CBI scanner for alleged irregularities in its implementation. The total excise revenue collection from September 1, 2022, to August 31, 2023, was Rs 7,285.15 crore, including Rs 2,013.44 crore collected as value-added tax (VAT), said an Excise Department officer. In comparison, the revenue collection from the new excise policy was Rs 5,487.58 crore in 2021-22. The new excise policy, under which private parties were involved in retail liquor sales, was withdrawn by the Delhi government last year after LG VK Saxena recommended a CBI probe into alleged irregularities in its implementation, officials said. The then deputy CM and Excise Minister Manish Sisodia was arrested by the CBI in a case registered by it in the alleged irregularities in the excise policy 2021-22.

G20 Summit in national capital Delhi. According to a Bloomberg report, Prime Minister Justin Trudeau's government first pressed pause and requested India to follow suit last month. Canadian Press had first reported the request to ‘pause’ trade talks between India and Canada.

G20 summit from September 9 to 10, arterial stretches in the capital have been given a makeover. As part of the beautification drive, 18 fountains shaped like the 'Shivling' have been installed at several places of the national capital, reported PTI. Aam Aadmi Party (AAP), the ruling party in the national capital, has objected the installation of fountains shaped like ‘Shivling’ and accused Saxena and the BJP of disrespecting the 'Shivling' and also hurting the sentiments of crores of Hindus across the country.

Congress dispensation in Rajasthan over crime against women, corruption and other issues, BJP national president J P Nadda on Saturday called upon the people to remove the government if they want to change the situation in the state. He accused the Ashok Gehlot-led government of being a 'Grih-loot sarkar' that loots houses of people, and alleged that the ruling Congress in the state has given a free hand to its MLAs to indulge in corruption and fill the pockets of their party «bosses» in Delhi. Targeting the opposition INDIA alliance, the BJP chief said the grouping «does not care for the people».

Jet Airways promoter Naresh Goyal diverted Rs 9.46 crores out of a loan granted by Canara Bank to the airline to his wife, son and daughter, from 2011-12 till 2018-19, a remand application filed by the Enforcement Directorate said. Another Rs 1,152 crore was siphoned off as consultancy expense during those five years and salary expense of Goyal’s residential staff at Delhi and Mumbai was being borne by Jet Airways. ED also said that Goyal diverted Rs 2,547 crore showing a payment to its subsidiary JetLite and then wrote off the amount. The central agency on Friday night arrested Goyal and today produced him before a PMLA court in Mumbai. Amit Agarwal, then Chief Financial Officer of the company told ED during interrogations that these payments were directly approved by Goyal himself. “On being asked by the CFO, Naresh Goyal authoritatively replied that these payments were critical for the functioning of the company and there was no point in asking further questions,” the ED said. “As per the CFO, the finance department had no say about these payments and it was directly approved by Goyal through his secretary,” the agency added. A consortium led by State Bank of India of which Canara Bank is part owes Rs 6,000 crore to the airline which has now been marked as Non-Performing Asset (NPA) after the airline shut business in 2019. Lenders will lose 95% haircut on the recovery of the amount if a consortium manages to restart the airline.

Parliament convened later this month, a day after violence erupted in Maharashtra's Jalna over the Maratha quota demand. Addressing Shiv Sena (UBT) workers here, Thackeray slammed the «government brutality» of police baton charging the protestors seeking reservation for Marathas in Jalna on Friday evening. «How can police behave in a way without the directions from someone?» he asked. Thackeray said he would visit Jalna later in the evening to meet the protestors. On Friday, police baton charged and lobbed tear gas shells to disperse protesters in Antarwali Sarathi on Dhule-Solapur road in Jalna's Ambad tehsil after they allegedly refused to let authorities shift a man on hunger strike for Maratha quota to hospital. Referring to the National Capital Territory of Delhi (Amendment) Act 2023, Thackeray said when the Supreme Court gave a ruling against the Centre, it passed a law in Parliament. «I had condemned the government's decision to convene a special session (of Parliament). But I welcome it, but first give reservation to Marathas, Dhangars (shepherd community) and OBCs in this special session,» the former chief minister said. He hit out at Chief Minister Eknath Shinde and his deputies Devendra Fadnavis and Ajit Pawar, saying no one from the government had time to meet the agitators in Jalna. Thackeray termed the Centre as «anti-Hindu» as it has convened the special sitting of Parliament from September 18 to 22 during the Ganesh festival. Without taking names, he said those who don't believe in the family system should not talk about the families of others. «Family system is the Hindu tradition.

BJP national president JP Nadda on Saturday said the parties in the bloc only want to take the political families that they represent forward. Addressing a 'Meri Maati, Mera Desh' programme in Ghaziabad's Krishna Engineering College, the BJP national chief said, «Did you see the ones who gathered in Mumbai yesterday? These are leaders who want to take their families ahead, not the country. Sonia-ji (Congress leader Sonia Gandhi) is worried about his son Rahul-ji (Congress MP Rahul Gandhi) and Lalu-ji (former Bihar chief minister Lalu Prasad Yadav) is worried about his son Tejaswi Yadav (Bihar deputy chief minister).

National Security Guard (NSG) on Saturday conducted an anti-sabotage sweep at different locations in the national capital ahead of the G20 Summit next month. The summit will be held over two days, on September 9 and 10. Earlier, on Saturday, Delhi Traffic Police conducted another full dress rehearsal as part of its preparations for the upcoming G20 Summit in the national capital on September 9 and 10. The two-day summit will draw leaders and delegates from 40 countries, including the 20 member states. The carcade rehearsals were carried out in the Pragati Maidan area of the national capital where the global event will be hosted next month, officials said. Speaking to on Saturday, Special Commissioner Of Delhi Traffic Police, SS Yadav said, «We have shared the travel guidelines with all the media houses. Newspapers have also published our releases and necessary information is also being shared on our social media handles.

INDIA alliance meeting culminated in Mumbai, the Shiv Sena (UBT) on Saturday said the fabric stitched by its constituents will be futile if the opposition bloc does not give a proper agenda to the country. In an editorial in its mouthpiece 'Saamana', the Uddhav Thackeray-led party said the issue of seat-sharing should be resolved peacefully in every state. The INDIA grouping on Friday vowed to contest the 2024 Lok Sabha polls together «as far as possible», asserting seat-sharing arrangements in states will be concluded at the earliest in a «collaborative spirit of give-and-take». As many as 63 representatives from 28 political parties took part in the third meeting of the Indian National Developmental Inclusive Alliance (INDIA) alliance at Grand Hyatt Hotel in Mumbai. The editorial said that the Left and the ruling Trinamool Congress have differences in West Bengal, but the two parties took part in the INDIA alliance meeting. The same is the case in Kerala where the Congress and CPI(M) are arch-rivals. The Aam Aadmi Party has shown its willingness to hold discussions with the Congress in Punjab and Delhi, while there are no major differences in Maharashtra in the Maha Vikas Aghadi (MVA), it said.

digital currency available in their digital rupee [CBDC-R] wallet and scan to pay across any UPI QR code. Similarly, merchants need to only display their existing single QR code, which can accept payments in both CBDC and UPI.

Aditya L1 onboard PSLV C57 commenced on Friday, ISRO said. The Sun Observatory mission will be fired from the second launch pad from Shriharikota at 11:50 am today. Aditya L1 is designed to provide remote observations of the Solar corona and conduct in-situ observations of the Solar wind at L1 (Sun-Earth Lagrangian point), which is about 1.5 million kilometers from the Earth.

“One of the most unforgettable experiences was being a part of the legendary Raid-De-Himalaya, which is the highest off-road rally in the world,” says Deepak Bhuvneshwari Uniyal, Co-Founder and CEO (Chief Executive Officer) at Insurance Samadhan. In an interview with ETMarkets, Uniyal said, “I have acquired skills in several martial arts disciplines, including Taekwondo, Jeet Kune Do, and Kickboxing.” Edited excerpts:Thanks for being part of the segment. How was your experience of Shark Tank? I am sure the practices that you do help you in maintaining your cool.Shark Tank transformed Insurance Samadhan, resulting in an impressive 6X growth post-show. Prioritizing controllable factors and maintaining good intentions guided our success.

G20 Summit 2023: Delhi is gearing up to host the prestigious G20 summit from September 8 to 10, placing a strong emphasis on showcasing its rich culture and cuisine to world leaders and their spouses. The nation's capital, New Delhi, has undergone a significant makeover in preparation for this event. To ensure smooth proceedings, educational institutions and offices will be temporarily closed, and traffic restrictions will be implemented to facilitate the smooth movement of delegation carcades.

Jet Airways, Naresh Goyal, in an alleged money laundering case after having questioned him in Mumbai through the day. Goyal will be produced before a special Prevention of Money Laundering Act (PMLA) court on Saturday. In July, the agency had registered a fresh money laundering case against Goyal, his wife Anita and others based on the first information report (FIR) registered by the Central Bureau of Investigation (CBI) for allegedly defrauding the state-owned Canara Bank of ₹538.62 crore. After the enforcement case information report (ECIR), the ED also conducted searches in Mumbai and Delhi including at premises of those linked to the Goyals and the erstwhile auditor of the airline. Earlier in February, the division bench of Justice Revati Mohite-Dere and Prithviraj Chavan of the Bombay High Court had quashed the ED's money laundering case against the couple. The Bench had, however, observed that if any fresh case is registered against the couple by any law enforcement agency, the ED could probe them. According to sources, the fresh money laundering case is based on the recent FIR filed by the CBI against Goyal in which Canara Bank is the complainant.

G20 leaders and their spouses, who will be treated to Southeast Asian, Arab and East Asian cuisines, along with fare from various Indian states, during their stay in New Delhi for the summit on September 8-10. The city is being spruced up for the first such international event in a decade or so, showcasing all that India has to offer under the theme of Atithi Devo Bhava. Educational institutes and offices will be closed, and traffic will be restricted so 'carcades' of the various delegations pass through smoothly. Delhi is holding a dress rehearsal for the event over the weekend.

Also read: G20 Summit 2023: US Treasury Secretary Janet Yellen to visit India, focus on economy, climate, Ukraine This remarkable woman possessed a multitude of talents. Poulett-Harris was skilled in playing the violin and piano. She was also passionate about athletics.

G20 summit. On Saturday, the timings of the rehearsal will be from 8.30 am to 12 pm, from 4.30 pm to 6 pm and 7 pm to 11 pm, the advisory said.

IBC) during the Corporate Insolvency Resolution Process (CIRP) of the company. Mumbai-based ND’s Art World was promoted by celebrated art director Nitin Desai, who allegedly committed suicide after the company was admitted under the CIRP by the National Company Law Tribunal. Thereafter, an FIR was filed against the senior officials of Edelweiss Asset Reconstruction Company Ltd and Edelweiss Group along with the company’s interim resolution professional. Subsequently, the company’s IRP Jitender Kothari, through his lawyer Nausher Kohli approached the tribunal to seek immunity against any action by the lenders or the disciplinary committee of the Insolvency and Bankruptcy Board of India (IBBI) for any ‘unintentional delay’ in the matter. The tribunal, in its order of August 28 observed that a police case for abetment of suicide under IPC came to be registered in this matter consequent upon suicide by one of the suspended directors of the corporate debtor on the ground that the initiation of CIRP proceedings caused him to commit suicide.