City Delhi Financial News

Aggarwal who leads India investments at global infrastructure fund -Global Infrastructure Partners (GIP), has stepped down. He has put in his papers this week and details about his future plans are not yet known, said sources. Based in Singapore, Aggarwal leads GIP India’s investments in Power, Renewables and Waste/Water sectors.

Small-cap stock under ₹5: The board of directors of this penny stock below ₹5 has approved fund raise via issuance of preferential issue. The small-cap board in its scheduled meeting on Thursday declared fund raise not exceeding ₹34 crore through issuance of fresh warrants on preferential basis. The preferential issue price has been fixed at ₹3.40 per equity share.

₹158. The announcement came days after Prime Minister Narendra Modi slashed the prices of domestic LPG gas cylinders by ₹200. Also read: Flight tickets may become more expensive as OMCs hike jet fuel prices.

The Appointments Committee of the Cabinet has approved the appointment of Umang Narula as the parliamentary affairs, according to a government statement. Narula will be replacing Gudey Srinivas, who will move to take up the role of secretary at National Commission for Scheduled Castes under the Ministry of Social Justice and Empowement. This comes after the government has called for a special session of Parliament for five days starting September 18.

A short altercation that turned into a gory road rage incident led to the death of Amazon manager Harpreet Gill in Delhi. The prime accused in the murder case, Mohammad Sameer aka Maya, is a teenager who is also the master mind of a gangster group, named ‘Maya’. His Instagram account is mushrooming with videos and reels featuring guns and filmy dialogues.

On the Comex, Gold futures were trading at $1,972.70 per troy ounce on Friday, down by $0.30 or 0.02% while Silver futures were trading at $24.985, lower by $0.119 or 0.470%. The DXY was trading flat at 103.63 against a basket of six top currencies, though the bias was positive. The October Gold futures had ended with declines of Rs 105 or 0.18% per 10 gram at Rs 59,373 while the December Silver futures closed higher at Rs 75,685, down by Rs 595 per kg or 0.78%. «Gold is likely to go up for a second week in a row because US inflation matched expectations, which makes the Federal Reserve less likely to raise interest rates. This led to a drop in Treasury yields, which is good for gold.

However, no further details were provided so far. This comes after the government has called for a special session of Parliament for five days starting September 18. However, no official announcement has been made regarding the agenda of the session which will be held days after the G20 Summit in the national capital, Delhi, on September 8 to 10, 2023. With the BJP government calling for a special session of the Parliament in September, speculation is rife about the purpose of the sitting.

₹1.12 lk/kl in Delhi. There has been a rise of roughly 24% in the past two months. (More details awaited)

₹59,296 in the domestic market. Around 9.06 a.m., MCX Gold for October 5 delivery traded 0.11 per cent lower at ₹59310 per 10 grams.

alliance among others. At around 11 a.m. today, the leaders will also hold a joint press conference.

Indigo Airlines to Tashkent with effect from September 6. A senior DGCA official informed that IndiGo has been given approval to operate between Delhi and Tashkent four days a week, as reported by ANI.

G20 summit. Also read: ‘G20 leaders are going to ask…’: Rahul Gandhi attacks PM Modi on OCCRP allegations against Adani Group The Treasury said Yellen also will rally America's G20 allies to maintain economic support for Ukraine and increase costs on Russia over Moscow's continuing war in Ukraine. This includes supporting the G7-led price cap on Russian oil exports and efforts to strengthen global food security in the face of restrictions on Ukrainian grain exports.

Congress on Thursday appointed Arvinder Singh Lovely as president of Delhi PCC in place of outgoing chief Anil Chaudhary. This is the second stint of Lovely as the Delhi PCC president, which becomes all the more conspicuous given he had quit the Congress and breached the ideological line to join the BJP in 2017 only to return after a couple of months. His return as the PCC chief coincides with the AAP's push for inking an alliance with the Delhi Congress for the Lok Sabha polls. Lovely, a former minister in the erstwhile Sheila Dikshit-led government, who had a string of victories from his East Delhi constituency till the ascent of AAP in Delhi, has an 'interesting record' given he was PCC chief during 2013-15 and yet chose to desert the party and crossed over to the BJP. «Lovely's return as PCC chief confirms the high command no longer considers ideological infidelity a crime...,» quipped a senior Congress leader after Lovely's appointment was announced despite some internal party resistance. Interestingly, after his return to the Congress by affirming loyalty to the then party president Rahul Gandhi, Lovely also joined the G23 group that took on the high command by seeking party reforms. After the announcement, Lovely vowed to work to revive Congress in Delhi and said people are now looking towards Rahul Gandhi to lead them.

all-India House Price Index (HPI) rose by 5.1 per cent in the April-June quarter of 2023-24 as compared with 3.4 per cent a year ago, according to data released by the Reserve Bank of India on Thursday.

Hindustantimes.com quoting Ashwan Singh, who works at Liquor Library 1 in Gurugram Sector 56, “There has been a 20% increase in walk-in customers since August 22." “People are thinking ‘Khatam na ho jaye’. Ya phir unhe lag raha hai ki sab jagah theke band ho jayenge is time period mein. This is not true yet customers have been flocking the store, and there has been a non-stop rush for an assortment of hard liquor bottles," Singh said in the report.

FMCG maker Nestle India has entered into the millets-based Ready-to-Make (RTM) market by extending its nutrition brand a+ in the category. The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up, its Chairman and Managing Director Suresh Narayanan said on Thursday. The product has been developed under the guidance of the Indian Millet Institute of Millet Research, supporting the government initiative to promote millet as a more sustainable food option. «We felt that 'a+' has strong nutritional connotations and that is why we decided to launch the new product under this brand. This is being done under a public-private partnership with IIMR and is in line with the government's focus on millets.

G20 Summit are “factually not correct" As a number of heads of States are coming and international organisations are joining, the Delhi Police have made a “Controlled zone" in the New Delhi district, said Delhi Police PRO Suman Nalwa. The police have also advised people to travel by Delhi Metro. “Regarding the G20 summit, rumours are spreading that Delhi will be under lockdown at that time.

Mohammad Sameer, alias Maya, the leader of the Maya gang, who watched 'Shootout at Lokhandwala' on TV. He really liked the character named 'Maya', played by Vivek Oberoi. This inspired him to create a group called 'Maya Gang', and he started calling himself 'Maya bhai'.

government has called for a special session of Parliament for five days starting September 18, said Parliamentary Affairs Minister Pralhad Joshi on Thursday. However, no official announcement has been made regarding the agenda of the session which will be held days after the G20 Summit in the national capital, Delhi, on September 8 to 10, 2023. «Special Session of Parliament (13th Session of 17th Lok Sabha and 261st Session of Rajya Sabha) is being called from 18th to 22nd September having five sittings.

Lok Sabha elections. Sushil Kumar Modi has raised concerns about the alliance's ability to dent the prospects of the BJP in the upcoming elections. The Bharatiya Janata Party (BJP) leader and Rajya Sabha MP has pointedly questioned the unity within the alliance, highlighting the absence of Aam Aadmi Party (AAP) leader Arvind Kejriwal's photo on the alliance's promotional posters, which prominently feature Congress leader Rahul Gandhi.

supply chain services for their deliveries. These orders need not be from Amazon alone, but can be those placed on their own websites also. Amit Agarwal, SVP India and Emerging Markets, Amazon, announced the multi-channel fulfillment (MCF) service on Thursday, at the fourth edition of Amazon Smbhav in Delhi. “This will allow small businesses to take advantage of our fulfillment supply chain infrastructure.