City Delhi Financial News

30.08 / 11:19
UPS ADP Silver Gold jumps Rs 300; silver climbs Rs 400
Silver also bounced Rs 400 to Rs 77,500 per kg. «Gold advanced on Wednesday, with spot gold prices in the Delhi markets trading at Rs 60,100/10 gram, up by Rs 300 following positive cues from overseas markets. »Investors will now monitor the US ADP private employment and estimate of Q2 gross domestic product data which is due later today," Saumil Gandhi, senior analyst, commodities at HDFC Securities, said. In the global markets, both gold and silver were trading higher at USD 1,936 per ounce and USD 24.60 per ounce, respectively. Gold rallied to its three-week highs as the dollar and treasury yields slipped amidst weak economic data points, said Navneet Damani, senior vice-president of commodity research at Motilal Oswal Financial Services.
30.08 / 09:59
Provident Digital Metro track country beautiful blues G20 Summit and India's Presidency: Date, Logo, Venue, Theme, how does it work and more | FAQs
Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.
30.08 / 09:59
MET FIVE country 'It is women who suffer inflation blow': Rahul Gandhi during schemes' launch in Mysuru
ANI, "Before the elections, Congress party had made five promises to Karnataka. We had said that when Congress party and its leaders say something, they do it. Today, when we click on the tablet, crores of women receive ₹2000 directly into their bank accounts." Rahul also underlined the importance of schemes like 'Shakti' and 'Gruha Lakshmi Yojana' while mentioning his conversations with women during the Bharat Jodo Yatra.
30.08 / 09:16
UPS Citi Provident Parke Metro The impact of Gurugram’s real estate growth on employment and economic development
The location of any business is far more important than, say, the size or the interior of the shop. The reason is obvious — it is the place that is more likely to be frequented by the people than, say, a place that might be good otherwise but does not have anything attractive for the people.
30.08 / 08:43
Manufacturing CEO Delhi: Bungalow sold for over ₹60 crore in one of Nizamuddin's most expensive deals
₹61.70 crore which is amongst one of the most expensive deals in the Nizamuddin area, according to sale deed documents, reported Moneycontrol. The buyer, Renu Khuller, who is a director at GlobalDent Aids, paid a stamp duty of around ₹3 crore for the property. The bungalow was sold by Bharat and Janak Garg to the director of the company that manufactures interdental brushes.
30.08 / 08:43
Citi Metro Silver Gold and silver prices for today—August 30. Check the latest rates in your city
₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market. Gold prices traded with gains in the morning session in the domestic futures market on Wednesday.
30.08 / 08:13
Provident Waters Remark country rock I want Arvind Kejriwal to be PM candidate: AAP spokesperson Priyanka Kakkar ahead of INDIA meet
AAP) spokesperson Priyanka Kakkar on Wednesday said she would want party convenor and Delhi Chief Minister Arvind Kejriwal to be the alliance's prime ministerial candidate. Speaking to on Wednesday, Kakkar said, «If you ask me, I would want Arvind Kejriwal to be the Prime Ministerial candidate (of the Opposition alliance).» She added that the AAP convenor has been highlighting issues of the public and has emerged as a credible challenger to Prime Minister Narendra Modi's hold on the country's highest office. «Be it the PM's academic records or qualifications or any other issue, Arvind Kejriwal has been putting across his views boldly on myriad subjects,» Kakkar told ANI. However, even as her remark threatened to rock the Opposition boat ahead of the Mumbai meeting, which kicks off later on Wednesday and will carry over into Thursday, the AAP leader said INDIA was working to steer the country in a new direction. She claimed that even amid the rising prices of essential commodities and food items, the national capital has the «lowest» inflation. «Our government provides free water, free education, free electricity, free bus rides for women, and free pilgrimage for the elderly.
30.08 / 06:01
love Celebrity Raksha Bandhan 2023: School girls tie Rakhi to PM Modi in Delhi. Watch
Prime Minister Narendra Modi on 30 August celebrated Raksha Bandhan with school girls in Delhi. School girls tied Rakhi to Prime Minister in Delhi, as they celebrated the festival of Raksha Bandhan with him.
30.08 / 05:59
COST love Rakshabandhan with PM: Delhi schoolgirls tie Rakhi to PM Modi
Narendra Modi on Wednesday. The Prime Minister extended his warm wishes to everyone on this occasion, emphasizing the festival's significance in showcasing the strong bond between siblings. He expressed his hope that Rakshabandhan would reinforce feelings of love and unity among people. The festival is traditionally marked by sisters tying Rakhis on their brothers' wrists, symbolizing protection and affection. «Happy Rakshabandhan to all my family members.
30.08 / 04:41
UPS Citi Strategy Metro MCD Inside G20 Summit: Langur cut-outs deployed along G20 routes to deter monkeys
The Hindustan Times citing senior officials, the municipal authority intends to employ 40 skilled personnel to replicate the vocalizations of grey langurs. This strategy aims to discourage monkeys from approaching hotels and venues linked to the G20 Summit. NDMC vice chairman Satish Upadhyay noted that these temporary steps are being taken in coordination with the Delhi forest department to ensure that monkeys remain inside the Ridge and do not cause disruptions to the motorcades of dignitaries.
30.08 / 04:11
UPS Digital Progressive G20 Summit in India: Green development, climate finance among key issues on agenda
G20 Summit in India is all set to commence on September 9 in the national capital. The summit will be held for two days and will be joined by representatives of member nations as well as guest nations who will engage in discussions about diverse economic reforms. The summit will be concluded on September 10 with the adoption of a G20 Leaders' Declaration.
30.08 / 04:11
UPS IPO Provident FIVE Platform country cover RJio spin off or IPO expected within five years: Jeffries
Reliance Industries in its annual general meeting on Monday. Some brokerage houses critiqued the absence of a roadmap for listing of Reliance Jio and Reliance Retail entities.
30.08 / 04:11
Provident FIVE show China map row: ‘Entire Ladakh knows…’, Rahul Gandhi after China releases map
Rahul Gandhi on Wednesday reiterated his claims about China "invading" Indian territory in Ladakh. The Congress leader termed the matter of China including Arunachal Pradesh and Aksai China as a part of its territory in its latest edition of the ‘Standard Map’ as a "serious issue". Speaking to the media ahead at the Delhi Airport, Gandhi said, "I have been saying this for many years...
30.08 / 02:07
UPS Booking CEO MakeMyTrip shootings Weekend G20 long weekend: Travel companies cheer, but Delhi traders on edge
This will also mean the loss of opportunity to widen their customer base with a number of foreign nationals visiting India, said representatives of multiple retailers' associations.SOTC and MakeMyTrip are, however, seeing a rise in business thanks to those choosing to skip out of the NCR during that period shooting up in the last few days. Schools, colleges and some private offices are shut and the rest will turn to remote working, executives told ET. «Given that schools will be closed, also certain corporates, businesses, we are witnessing an unusual surge in travel,» said Indiver Rastogi, president and group head, global business travel, Thomas Cook (India) and SOTC. Rajesh Magow, cofounder and group CEO, MakeMyTrip, said, «The government's official holiday announcement over the G20 meet days has triggered an increase in searches for cities within drivable distance from Delhi.»Security measure MakeMyTrip has seen a surge in searches for accommodation bookings in destinations such as Sawai Madhopur, Manesar, Amritsar, Vrindavan, Agra, Udaipur, Jaipur etc.
30.08 / 01:07
COST UPS FIVE Shell tenor GMR Goa airport seeks Rs 2,480 crore via NCD issue
GMR Goa International Airport is looking to raise ₹2,480 crore by issuing non-convertible debentures to repay existing debt and fund capex. The securities have a tenor of five years and will be raised at 10.25%.JP Morgan will help raise the debt. The paper is rated BBB+ by Care Ratings and has a call option after three years. Proceeds of the paper will be used to repay the existing senior debt of ₹1,520 crore, repay the external subordinated debt of ₹227 crore, repay the group-level debt of ₹269 crore and fund capex, according to an indicative term sheet seen by ET. GMR Goa International Airport, which is a 100% subsidiary of GMR Airports, is a special purpose vehicle (SPV) set up to establish the greenfield international airport at Mopa in the northern part of Goa, on a design, build, finance, operate and transfer basis.
29.08 / 19:38
UPS Mahindra & Mahindra's VC unit head Parag Shah quits, to set up own venture
Parag Shah, who was at the helm of Mahindra & Mahindra's $1 billion venture capital (VC) arm Mahindra Partners, has stepped down from his role after spending two decades with the group amidst a shift in focus at the Anand Mahindra-led group that has prioritised consolidation of existing businesses and will go slow on investments through the arm in the foreseeable future, as per people in the know. Shah, a Harvard and Illinois Institute of Technology alumnus, oversaw the incubation and growth of several new businesses of the group such as MahindraLogistics, which went public a few years ago, Mahindra Susten, an EPC business in the green energy space, and FirstCry, a popular kidswear brand that eventually became a unicorn. As managing partner of Mahindra Partners, he also led investments in businesses outside the group, notably in the healthcare space where the firm backed Medwell Ventures, founded by former Fortis Hospitals' chief executive officer Vishal Bali, and Delhi-based ophthalmology chain Centre for Sight, founded by Dr Mahipal Sachdev, a former practitioner at All India Institute of Medical Sciences. Shah is setting up his own venture, as per an internal note circulated to employees by M&M's group chief executive officer Anish Shah. ET has seen a copy of the note.
29.08 / 18:35
COST Provident Twitter FIVE Fighting social LPG price cut by ₹200 per cylinder in inflation fight
NEW DELHI : In a relief to consumers, the Union government on Tuesday cut the price of a 14.2-kilogramme (kg) cooking gas cylinder by ₹200, terming it a gift for women ahead of the Raksha Bandhan this week. The move comes as the central government faces growing criticism over rising inflation and its impact on households. “On the occasion of Raksha Bandhan and Onam, the government has decided to reduce the price of domestic cylinders by ₹200," said information and broadcasting minister Anurag Thakur.
29.08 / 18:15
Man NOT Insulting woman, not behaving in chivalrous manner wouldn’t amount to outraging modesty: Delhi HC
₹1,000 and called her ‘gandi aurat’ (dirty woman). Both, the complainant woman and the man were working in the same organisation and the man was her senior.
29.08 / 17:45
country businesses Grant G20 summit: Delhi govt directs shops, businesses, and commercial establishments to grant paid holidays to their employees
shops in the national capital will have to remain closed from September 8 to September 10 in view of the G20 Summit that will be held in Delhi, and all employees in Delhi will be granted ‘paid holidays’ on these days. The government has directed shops, businesses, and commercial establishments in the New Delhi district to grant paid holidays to their employees and workers during the G20 summit. The Delhi government had issued a notification declaring a public holiday in the national capital on September 8–10.
29.08 / 16:07
Provident Citizens Mobile Parke MCD services MCD to deliver 23 services at doorstep, issues toll-free number for application
Delhi Mayor Shelly Oberoi on Tuesday announced that the Municipal Corporation of Delhi (MCD) will start door-step delivery of 23 services from October onwards, an official release said. During a conference held at MCD Headquarter, she was accompanied by Deputy Mayor Mohd. Aaley Iqbal, Leader of House Mukesh Goel, and senior MCD officials. Mayor Oberoi informed that for the convenience of old and non-tech savvy citizens, MCD is planning to introduce door-step delivery of its 23 services.
29.08 / 16:03
Citi POT country social Delhi shops ordered to remain closed during G20 Summit from 8-10 September; employees to be granted paid holidays
Delhi government on Tuesday issued a notice announcing that all shops in the national capital will have to remain closed from 8 September to 10 September in view of the G20 Summit that will be held in Delhi. The Notice also mentioned that all employees in Delhi be granted ‘paid holidays’ on these days. “All employers of Shops, Commercial and Business Establishments functioning in New Delhi, District of NCT of Delhi shall close their Shops, Commercial and Business Establishments from 08/09/2023 to 10/09/2023 and grant paid holiday to their employees/workers." the notice read.

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