City Delhi Financial News

Pakistan after the Partition, suddenly came to form nearly one-third of the city's population. From Shahjahanabad of Mughal influence, Delhi became a city of Punjabis. Brij Krishnan Chandiwala, a noted Congressman, once wrote to Jawaharlal Nehru about the growing Punjabi population in New Delhi after the Partition, and his concern regarding these outsiders outnumbering the natives of the city, mentions architect and urban designer Prerna Chatterjee in a research paper. “The people of Delhi are living a life of helplessness… They have on their own wiped out their exclusive identity forever… The Delhi residents have become strangers in their own house,” Chandiwala wrote. Nehru wrote back: “Some of the complaints you make are the unfortunate consequences of the Partition…. But Delhi has also become a cosmopolitan city with a large number of foreigners here…” Chandiwalla reacted to this statement, considering the uncertain future these foreign intermixes may call for: “… In this city everyone who resides has come from somewhere else. And over the years they became part of this city. I believe even these people (Punjabi refugees) will one day start identifying their selves as belonging to the city.” Punjabi refugees from Pakistan not only ended up identifying themselves with Delhi but also made Delhi identify with them. The names of many colonies in Delhi such as Kohat Enclave, Mianwali Nagar and Gujranwala Town bear Pakistani imprint, the names of their birthplaces the refugees brought with them. More than Delhi shaping them, they shaped Delhi, because much of the Delhi you notice today is the result of the sweat and spirit of refugee entrepreneurs.

Delhi Ordinance Bill and the Digital Personal Data Protection Bill were passed in Lok Sabha and the Rajya Sabha by voice vote. The Monsoon Session of the Parliament concluded on Friday. The Delhi Ordinance Bill got President Murmu's nod to become law on Saturday, NDTV reported.

airport for allegedly trying to smuggle diamonds worth ₹1.49 crore out of the country by hiding them in tea powder pouches kept in his luggage, officials said. The 30-year-old accused, Mukkim Raza Ashraf Mansuri, was arrested on August 9 by the Air Intelligence Unit of the Customs department when he was about to fly to Dubai, a Customs official said. "Mansuri, a resident of Null Bazar area in south Mumbai, was arrested at the Chhatrapati Shivaji Maharaj International Airport.

Marg from Delhi Gate to Chatta Rail Lothian Road from GPO Delhi to Chatta Rail SP Mukherjee Marg from HC Sen Marg to Yamuna Bazar Chowk Chandni Chowk road from Ring road to Netaji Subhash Marg Esplanade road and its Link Road to Netaji Subhash Marg Ring Road to Rajghat to ISBT Outer ring road from ISBT to IP flyover i.e. Salimarbagh bypass Those vehicles which do not have parking labels for the rehearsals may avoid C-Hexagon, India Gate, Copernics Marg, Mandi House, Sikandra Road, W Point, A point Tikal Marg, Mathura Road, BSZ Marg, Netaji Subhash Marg, JL Nehru Marg, Ring Road between Nizamuddin Khatta and ISBT Kashmere Gate and Outer Ring Road from Nizamuddin Khatta and ISBT via Salimarbagh Bypass.

e-commerce and the growth of third-party logistics (3PL) companies is also driving the investments in this segment. The cumulative supply in India’s warehousing and industrial sector is expected to reach 516 million sq ft by 2026 from 344 million sq ft in the first half of 2023.

Aam Admi Party leader Raghav Chadha has changed his bio on social media platform X (formerly Twitter) after being suspended from Rajya Sabha on charges of “gross violation of rules, misconduct, defiant attitude and contemptuous conduct", pending investigation by privileges committee. The new X bio of Raghav Chadha now reads, ‘Suspended Member of Parliament, India’.

Housing prices in Kolkata have increased by 15 per cent year-on-year (YoY) in the April-June quarter of 2023. It was the highest increase in residential prices among the eight cities, according to the report. «Housing prices in the city have been on the rise over the past seven quarters. The recent surge in housing prices is owing to the rising demand boosted by positive government incentives such as extension of 2 per cent reduction in stamp duty and extension of 10 per cent reduced circle rates till September 2023,» the report said. Delhi-NCR came second as housing prices in the northern region have risen by 14 per cent YoY in Q2. Hyderabad witnessed a rise of 13 per cent in housing prices in the last year during the second quarter, said the report. At the micro-market level, Golf Course Road and Dwarka Expressway witnessed the highest rise in housing prices at 46 per cent and 40 per cent, respectively, on a YoY basis during Q2 2023. «Housing prices in Golf Course Road continue to surpass the prices of Delhi in Q2 2023 attributed to its improving connectivity and proximity to commercial office hubs in Gurugram, which have sparked a surge in demand for residential properties,» the report added.Pan India residential prices Q2 2023 (in Rs /sq ft) –

Delhi: AAP leader Raghav Chadha on Saturday changed his bio on X, earlier known as Twitter, to «Suspended Member of Parliament». This comes a day after Chadha was suspended from Rajya Sabha for «gross violation of rules, misconduct, defiant attitude and contemptuous conduct», pending a report by the privileges committee.

Ports, Shipping and Waterways Sarbananda Sonowal has stressed unlocking the vast potential of India's maritime sector, saying the country's strategic location and commitment to sustainable practices present unparalleled opportunities. Hosting foreign heads of missions and officials here on Friday evening, Sonowal underlined that India stands at the cusp of a maritime revolution. The event was organised ahead of the Global Maritime India Summit 2023, scheduled to be held in Delhi on October 17-19.

Delhi around the G20 Heads of State and Government Summit that will take place in the city next month. Rooms in top luxury hotels have been booked by delegations and, considering the demand, rates in some hotels for the event dates are already averaging ₹40,000 a night, people familiar with the matter said. Taking place on September 9 and 10, the 18th G20 summit in New Delhi will be the culmination of all the G20 processes and meetings held throughout the year.

monsoon session of Parliament was tumultuous with multiple disruptions and vigorous debates over Manipur violence, Delhi Ordinance Bill, and Digital Personal Data Protection Bill. It also witnessed an unsuccessful no-trust vote against the BJP-led central government. In addition, several opposition MPs including Raghav Chadha, Sanjay Singh, Adhir Ranjan Chowdhury, and Sushil Kumar Rinku were suspended from the session due to various reasons.

ANI, Siddique said "Rahul Gandhi will be coming to Wayanad on August 12. We are going to arrange a warm reception for him and the preparations have already started. There is a district Congress Committee meeting tomorrow.

India is gearing up to celebrate its Independence Day August 15, 2023 marking a significant milestone in its history. This day serves as a powerful reminder of the nation's liberation from British colonial rule after nearly two centuries. Every year on August 15, people across India celebrate Independence Day to commemorate the country’s independence from British colonial rule.

₹1 crore was announced following a meeting between External Affairs Minister S Jaishankar and UK Security Minister Tom Tugendhat in Delhi. The 95,000 pound investment is intended to enhance the government's understanding of the threat posed by "pro-Khalistan extremism", complementing the joint work already underway between the UK and India through the joint-extremism task force. New Delhi has batted for the UK government to ensure security of its diplomatic premises and its personnel.

₹116.73 a kg in the retail market on 23 July and started rising again from 24 July onwards. On 11 August, the price was ₹124.43 per kg, data by consumer affairs’ price monitoring division show.

Digi Yatra facility will be launched at six more airports, including at Mumbai and Kochi, in August. Currently, the facility is available at seven airports. It was first launched on December 1, 2022 at the airports in Delhi, Varanasi and Bengaluru.

₹1,686.94 crore, a fall of 14.37% year-on-year (YoY) from ₹1,960.13 crore during the same period last fiscal. The company reported adjusted Ebitda of ₹2,704 crore, a 17% fall YoY. The company is on the path of deleveraging, with the net debt reduced by ₹141 crore to stand at ₹6,812 crore, with net debt-to-Ebitda at 0.75x, while debt-to-equity stood at 0.29.

Hindustan Times. Raghav Chadha had proposed the constitution of a Select Committee to consider the Government of National Capital Territory of Delhi (Amendment) Bill, 2023 and had included the names of the four MPs. The now suspended AAP MP took to ‘X’, formerly known as Twitter, to post a video questioning the suspension order.

₹13,000 crore in FY24 to firms that are seeking benefits under the production linked incentive (PLI) schemes, secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said at a press briefing in Delhi on Friday. The government disbursed ₹2,900 crore till March 2023 out of ₹3,400 crore claims received under the scheme. Singh also indicated that consultation is also under process to make changes in the schemes that are not performing as expected.

special guests, including beneficiaries of the PM-KISAN scheme, from across the country to attend the Independence Day flag hoisting ceremony by the Prime Minister at Red Fort on August 15. As India completes 75 years of Independence this year, sarpanches of 'Vibrant Villages', teachers, nurses, farmers, fishermen, labourers involved in building the Central Vista project and khadi sector workers have been invited, among others.

Google cannot avail of protection under the safe harbour clause of the Information Technology Act, 2000, if it uses a trademark as a keyword in its advertisement program. It will also be held liable for trademark infringement in such cases, the court added. A division bench of Justices Vibhu Bakhru and Amit Mahajan was hearing a case related to alleged trademark infringement allegations levelled by DRS Logistics and Agarwal Packers and Movers Pvt Ltd, both constituents of the DRS Group, against Google LLC.