City Delhi Financial News

16.08 / 14:17

UPS DAL Time Congress announces plan to contest all Delhi Lok Sabha seats, AAP says 'waste of time for INDIA' alliance

alliance ahead of the 2024 general elections. The INDIA bloc will hold a fresh meeting at the end of this month in Mumbai to discuss a seat sharing formula for the 2024 Lok Sabha elections.

16.08 / 13:45

UPS Platform Pool Centre generative AI Wipro launches centre of excellence on generative AI in partnership with IIT Delhi

Wipro on Wednesday said it has launched a centre of excellence on generative artificial intelligence in partnership with the Indian Institute of Technology, Delhi. Set up on the premises of the Yardi School of Artificial Intelligence at IIT Delhi, the Centre Of Excellence (CoE) will support applied research in generative AI, according to a statement.

16.08 / 12:19

CEO independence day Band-Aid sales on Zomato-owned Blinkit doubled on Independence Day; here's what CEO Albinder Dhindsa said

Delhi government had instructed all concerned departments to ban the use of Chinese manjha in the national capital. (With inputs from ANI, PTI)

16.08 / 09:52

UPS Provident Indus Claims worth Rs 14,243.3 crore against Indus Towers under litigation

Indus Towers, the country’s top telecom tower company, has claims worth Rs 14,243.3 crore against it under litigation in various courts across India, according to its latest regulatory filing on the BSE. In Indus’s case, pending litigations include a Rs 3,565.7 crore claim by the Service Tax Department relating to disallowance of Cenvat credit availed on inputs, capital goods and input services for the pre-GST period following an adverse Bombay High Court ruling on the premise that towers and shelters are immovable property.

16.08 / 09:51

Entertainment Parke film Actor performer country star Rajinikanth-starrer 'Jailer' zooms past Rs 400 cr globally on Day 6 box-office collection

Rajinikanth's latest film 'Jailer' has hit it out of the park at the worldwide box-office. On the sixth day since its release on August 10, the movie has breached the Rs 400 crore-mark, globally, according to film trade analysts Manobala Vijayabalan and Ramesh Bala. 'Jailer' earned Rs 64.27 crore on Independence Day (Day 6), taking its worldwide total to Rs 416.19 crore.

16.08 / 09:21

Citi AAP government will establish coordination between departments and NCCSA, says Atishi

Delhi minister Atishi on Wednesday said the AAP dispensation has decided to establish coordination among different departments of the government and the National Capital Civil Service Authority. Citing a bill pending in Parliament to replace an ordinance on Delhi's services matters, Chief Minister Arvind Kejriwal had deferred the National Capital Civil Services Authority (NCCSA) meeting scheduled for July 28. At that time, the panel secretary had said it would affect the city administration.

16.08 / 09:21

UPS Compilation stage pension Haryana starts process to identify patients suffering from rare diseases for monthly pension

Directives have been issued to all medical officers at primary healthcare centers, instructing them to compile a roster of patients suffering from 55 rare diseases, including conditions such as Spinal Muscular Atrophy (SMA), Duchenne Muscular Dystrophy (DMD), and Pompe Disease within their respective regions. This compilation must then be uploaded onto the internal portal of the state's health department. This effort will enable eligible patients to access monthly financial assistance.

16.08 / 08:27

UPS Cooper Explainer Mint Explainer: Why are chana prices rising despite surplus production?

₹5,300-5,400 to ₹5,925-6,200 a quintal in 20 days in Delhi wholesale markets as demand picks up pace ahead of Ganesh Chaturthi. Chana stocks with National Agricultural Cooperative Marketing Federation of India (NAFED) and state agencies are in reasonably better shape than those of other pulses such as tur (pigeon pea) and urad (black gram). Mint explains why prices of chana are rising despite surplus production.

16.08 / 06:43

Aware Action Celebrity Shell track Gaming apps converting earnings to crypto, Rs 700 crore moved out of India, reveals GST probe

cryptocurrency and the utilization of networks of shell companies. As per a ToI report, at the center of one of the largest such networks under investigation stands Parimatch, a Cyprus-based group, that even engages in advertising during local sports leagues on television. The Directorate General of Goods & Services Tax Intelligence (DGGI) in Mumbai has recently managed to uncover and dismantle one such network linked to Parimatch.

16.08 / 05:59

UPS Citi FIVE Booking Parke MCD G20 summit in Delhi: From 35 hotels booked to cleanliness drive from today; preparation begins for 9-10 Sept meet

News18 has reported citing local sources. The five star hotels which is reportedly to host the top dignitaries of the world include Taj Mahal, Taj Palace, Maurya Sheraton, Le Meridien, Shangri-La, Imperial, Oberoi, Leela, sources told the daily. Speaking about where the top leaders will be staying, top sources told News18 that US president Joe Biden is likely to stay at ITC Maurya whereas Chinese President Xi Jinping at Taj Palace.

16.08 / 05:59

BLOCK Waters Highways show Uttarakhand Rains: Following alarming surge, Ganga's water level in Rishikesh shows slight decrease. See here

National Highway has been blocked in several areas of the Chamoli district. According to Chamoli Police, the highway was blocked at Pipalkoti, Gadora, Navodaya Vidyalaya Pipalkoti, Gulabkoti, Pagalnala and Vishnuprayag areas of the Chamoli district, officials said as reported by ANI.

16.08 / 04:35

FIVE Waters Aware CEO Citibank country NOT Roti, kapda, but not makaan: Why sustainable construction is not getting the attention it needs

SBI Youth of India, she was shocked to see the farm waste being generated and the practice of stubble burning. “So much of renewable resources were being wasted. There was a surplus of it,” she says.

16.08 / 04:13

UPS Citi Yellow DXY voice Indian Gold Prices Gold Rate Today: Gold prices loose sheen amid dollar strength. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities

yellow metal which is now trading in an oversold zone. The DXY was trading at 103.19, albeit with a negative bias. The MCX October gold futures were trading with losses at Rs 58,812 per 10 grams on the MCX in the opening trade, down Rs 162 or 0.27%.

16.08 / 03:15

Twitter Remark DAL country Atal Bihari Vajpayee death anniversary: PM Modi, President Murmu, NDA leaders pay tribute to the former prime minister

Narendra Modi, President Droupadi Murmu, and NDA leaders paid floral tributes to former PM and Bharatiya Janata Party (BJP) stalwart Atal Bihari Vajpayee on his death anniversary Sadaiv Atal' memorial. Vice President Jagdeep Dhankhar, Amit Shah, Defence Minister Rajnath Singh, Nitin Gadkari, Rajya Sabha Deputy Chairman Harivansh, Praful Patel, Arjun Ram Meghwal, Union Minister and Apna Dal (Soneylal) leader Anupriya Patel and HAM's Jitan Ram Manjhi also paid floral tribute to the former prime minister. Former PM Atal Bihari Vajpayee's foster daughter Namita Kaul Bhattacharya pays floral tribute at 'Sadaiv Atal', on his death anniversary.

16.08 / 02:05

Waters Delhi: Yamuna water level reaches danger mark

Old Railway Bridge in Delhi on Tuesday. According to the Central Water Commission's (CWC) data, the water level has witnessed a steady rise, crossing the danger mark of 205.33 meters to 205.39 meters at 10 pm on Tuesday.

16.08 / 01:55

UPS Citi Waters Highways country Delhi: Yamuna water level again crosses danger mark | Watch video

Uttarakhand and Himachal Pradesh has led to a rapid increase in the river water level, as per ANI reports. The rain continues to wreak havoc in Himachal Pradesh and Uttarakhand. Amid incessant rains, the Indian Meteorological Department (IMD) has issued a ‘red alert’ for several parts of both Himachal Pradesh and Uttarakhand and forecasted ‘heavy to hefty rains' for the next 24 hours.

15.08 / 19:35

Citi Provident Airlines Strategy Boeing AI, AI Express integration: Code share, route recast

NEW DELHI : Air India Express Ltd is set to sign a code-sharing agreement with Air India Ltd, pull out from all routes requiring business-class capacity, and relocate operational control centres for AirAsia India and Air India Express to a new Gurugram office starting this month, two airline executives said on condition of anonymity. These steps are part of a strategy that includes the merger of AirAsia India and Air India Express, which will operate as Air India’s low-cost unit, offering budget flights on non-trunk routes.

15.08 / 19:35

UPS Target love Shell country Time Crunch time for craft beer as pandemic, fees take their toll

NEW DELHI : Stiff fees, complex rules and the pandemic have snuffed out many of India’s small but promising craft beer brands, with the remaining shrinking operations and entering adjacent segments. Makers of Witlinger, Mad King and White Owl craft beers have either shut shop or started new ventures, while owners of Kati Patang, White Rhino and Beor 360 have scaled back their operations. Kati Patang beer, a runaway hit with its unique small-batch flavours like saffron, turmeric and lemon rind, has shrunk considerably in the six years since its launch.

15.08 / 18:53

UPS Citi show country CNG sales volume grows 51% in 6 months to March

gas companies have grown their super-profitable CNG sales volume at a faster rate in the past two years than the less profitable segment of gas supplies meant for homes. City gas distributors sold 19.4 million metric standard cubic meters a day (mmscmd) of CNG in six months to March 2023, up 51% from October 2020 to March 2021 period, oil ministry data showed. In the same period, the sale of piped natural gas (PNG) meant for cooking at home rose 11% to 2.9 mmscmd.

15.08 / 18:01

UPS Metro Vodafone band show Adani, Vi may face fines if they fail 5G minimum rollout rule

₹1 lakh per week for the first 13 weeks, followed by ₹2 lakh per week for the next 13 weeks, will be levied on the telcos that do not meet the obligation. A show cause notice will be issued before penalties are levied. A second official said that the companies were yet to communicate their plans for meeting the rollout conditions, while adding that the government was not in favour of giving any extensions to the deadline.

15.08 / 17:21

Assurant Is there a tax-friendly method for dividing my mother’s property?

My father, my sister and I are the sole legal heirs of my mother’s immoveable property situated in Delhi. My father wishes that the said property or realizable value thereof may be shared equally by both the children. What is the suitable, tax-friendly method of achieving this division of property? One simple way could be that my father signs a deed of relinquishment before the mutation of the property. Is there any other alternative method that will be tax efficient and would not entail payment of stamp duty or any other levies?

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