City Delhi Financial News

opposition alliance INDIA is likely to be held after August 15 in Mumbai, a leader of the bloc said Friday. An 11-member coordination committee is likely to be finalised in the Mumbai meeting, the third such after the Patna and Bengaluru meets.

Yamuna in Delhi crossed the danger mark of 205.33 metres yet again on Friday, further delaying rehabilitation efforts in the flood-affected low-lying areas. The Central Water Commission's (CWC) data showed the water level reached 205.34 metres at 6 pm on Friday and may rise further to 205.45 metres by 11 pm. There have been marginal fluctuations in the water level over the last two-three days amid rain in the upper catchment areas, primarily in Himachal Pradesh and Uttarakhand.

Ranil Wickremesinghe India's expectations from Colombo to fulfill the aspirations of the Tamil community in the island nation and ensure a life of respect and dignity for it. The issue figured prominently in the wide-ranging talks between Modi and Wickremesinghe, with the prime minister highlighting the need for the implementation of the 13th Amendment to the Sri Lankan Constitution. The Tamil community in Sri Lanka has been demanding the implementation of the 13th Amendment that provides for devolution of power to it.

DLF will enter the Mumbai property market with a project in Andheri West, the company announced on Friday. The company will develop around 2.5 million sq ft in the first phase of the project. “DLF Home Developers Limited (‘DHDL’), a wholly-owned subsidiary, has executed a securities subscription and shareholders’ agreement, pursuant to which its wholly- owned subsidiary — Pegeen Builders & Developers Private Limited would allot 9800 equity shares of face value of Rs 10 per share at par to Trident Buildtech Private Limited,” the company said in the regulatory filing.

AIIMS Delhi administration has decided that a collegium system may be implemented for now at the premier hospital on the policy of rotation of headship, the government told the Lok Sabha on Friday. Responding to a question on whether the government proposes to implement the rotation of headship policy at AIIMS here and all other AIIMS in the country, Minister of State for Health Bharati Pravin Pawar said a committee was constituted at the institute here to examine the proposal.

manjha, a kite string, in Delhi on Wednesday. As per a ToI report, the young girl was riding a motorcycle with her family when the kite manjha, often laced with glass for added sharpness, tragically cut her throat. The dangerous manjha was hanging from an electric pole.

Go First may resume scheduled flight operations on the availability of interim funding and approval of flight schedule by DGCA. Cash-strapped Go First, which had been flying for more than 17 years, stopped operations on May 3.

Delhi University's commerce department has recently unveiled a new Master of Business Administration (MBA) program, specifically targeting Business Analytics with an emphasis on artificial intelligence (AI) and machine learning. As per a ToI report, the launch has sparked immense interest, garnering over 600 applications for the limited 60 seats available. Yogesh Singh, the Vice-Chancellor of Delhi University, told ToI: «For our nation to progress and become developed, our per capita income needs to increase six fold from its current state.

New Delhi: Mahatma Gandhi's memorial at Rajghat has been freed of waterlogging, a week after waters from the Yamuna river inundated the complex. Officials on Friday said, Delhi Lt Governor VK Saxena who was supervising the operation to drain flood water from the lawns and pathways of the memorial, visited Rajghat and took stock of the situation.

Brij Bhushan Sharan Singh were «serious» but no purpose will be served by taking him in custody at this stage, a Delhi court order released on Friday said. The court on Thursday granted regular bail to Singh, a six-time BJP MP, and also allowed the bail application of suspended Wrestling Federation of India (WFI) assistant secretary Vinod Tomar. Additional Chief Metropolitan Magistrate Harjeet Singh Jaspal made the observations in his nine-page order passed on Thursday, which was made available on Friday. In the order, the judge said, «In the instant case, the allegations are serious. In my view, the seriousness of the allegations, no doubt, is one of the relevant considerations while considering bail applications but it is not the only test or the factor to decide the same. When the undertrial prisoners are detained in jail for an indefinite period, Article 21 (right to life and personal liberty) of the Constitution is violated.» «In the matter at hand, in my considered opinion, at this stage, no purpose will be served by taking the accused persons in custody, at this stage,» he said.

Supreme Court has said a five-judge constitution bench will examine whether Parliament can «abrogate the constitutional principles of governance» for the Delhi government by making a law to take away its control over services. The Centre recently issued an ordinance on the Delhi services matter by exercising its powers under Article 239-AA, a special provision in the Constitution pertaining to the national capital. The top court, which on Thursday referred to a constitution bench the Delhi government's plea challenging the Centre's ordinance, uploaded its order on its website containing the legal questions to be dealt by the larger bench. «We accordingly refer the following questions to a constitution bench: (i) What are the contours of the power of Parliament to enact a law under Article 239-AA(7); and (ii) Whether Parliament in the exercise of its power under Article 239-AA(7) can abrogate the constitutional principles of governance for the National Capital Territory of Delhi (NCTD),» said the order passed by a bench of Chief Justice D Y Chandrachud and justices P S Narasimha and Manoj Misra. A 10-page order, penned by the CJI, said there were two preliminary issues which arose for the consideration by a larger bench. «The first is on the import of Section 3A (of the ordinance). Section 3A removes Entry 41 (services) of List II (State List) from the legislative competence of the NCTD. On the exclusion of Entry 41 from the NCTD's legislative power, the government of the NCTD ceases to have executive power over services because executive power is co-terminus with the legislative power,» the order said.

New Delhi: Cautioning that there is an increased risk of contracting water-borne diseases such as diarrhea, dysentery and cholera in the rainy season, the Delhi government has issued an advisory mentioning dos and don't. The city health department's advisory was published in several leading dailies on Friday.

Yamuna River in the national capital dropped below the danger mark on Friday morning. According to the latest update from the Central Water Commission, the water level at the Yamuna was recorded at 205.25 metres, at the Old Railway Bridge, on Friday morning. The level recorded on Friday marked a further decrease from 205.35 metres 7 pm on Tuesday.

dengue, Ibuprofen and Diclofenac group of medicines (which further cause destruction of platelets in human blood) "may be restricted to be sold on a prescription of a Registered Medical Practitioner only", it added. "Retail chemists are therefore advised not to indulge in the over-the-counter sale of NSAIDs (Nonsteroidal anti-inflammatory drugs) like Aspirin, Ibuprofen and Diclofenac group of medicines with immediate effect till further directions. They are also advised to keep records of stocks of painkiller drugs falling under this category," it said.

New Delhi: In view of emerging threat of vector borne diseases in the national Capital post Delhi floods situation, the city’s drug department has warned chemists or pharmacy shops to avoid sale of drugs like Aspirin, ibuprofen and diclofenac group of medicines without the prescription of registered medical practitioner.  Medical experts believe that these set of drugs cause destruction of platelets in human blood. A person diagnosed with dengue infection usually suffers from low platelet count which becomes a fatal condition.  These directions come in the backdrop of rainy season which tends to be the favorable condition for dengue, chikungunya and other vector borne disease.  An advisory issued by KR Chawla, Delhi’s drug controller stated, “Retail chemists are therefore, advised not to indulge in the over-the-counter sale NSAIDs drugs like Aspirin, ibuprofen and diclofenac group of medicines with immediate effect till further directions.

Supreme Court Thursday referred to a Constitution Bench the Delhi government’s challenge to the Delhi services ordinance promulgated by the central government. The Delhi Services Ordinance promulgated by the Centre on May 19 gave overriding powers to the Lieutenant Governor in transfers and postings of civil servants in Delhi. An order to this effect was passed by a Bench headed by Chief Justice of India (CJI) D Y Chandrachud.

MUMBAI, BENGALURU : Media mogul Subhash Chandra is in talks with JC Flowers Asset Reconstruction Co. (ARC) to buy back his family’s shares in Dish TV India Ltd, marking another twist in the two-year-old battle between the minority investor and the promoter for control of India’s third-largest satellite TV operator. Chandra, 72, has also put forward a proposal to buy other assets, including shares in the educational company Zee Learn Ltd and three properties, including a bungalow built over 2.8 acres in central Delhi.

₹2.1 crore), and top teams of the country." The tournament will be played in Delhi between 4-26 August with 24 teams in the fray. The last edition of the tournament had witnessed record viewership with more than 100 million views on the live game streaming platform, Loco. Last season, the tournament had an overall prize pool of ₹1.5 crore.

Delhi ahead of their return to their homes from relief camps, an official statement issued on Wednesday said. The decision to provide financial aid to families was taken after Chief Minister Arvind Kejriwal met victims to assess the situation. He expressed his concern for the flood victims, said a government statement.

food ministry data, the retail price of the grain climbed about 15%  in Delhi this year while the average nationwide price gained more than 8%. Shipments will be allowed on the basis of permission granted by the government to other countries to meet their food security needs and based on request of their governments, the notification said.  The latest Indian government move, which has already imposed restrictions on wheat and sugar exports, would affect a large portion of global rice trade.

Lawmakers are set to discuss the Forest Conservation (Amendment) Bill, 2023, in the monsoon session of Parliament that started on Thursday. This is a rare opportunity for India to correct a 27-year-old policy logjam that is holding up growth and employment opportunities, without helping the country substantially conserve our forests. The Forest Conservation Act, as it stands, requires that approval from state authorities and the Centre must be obtained before any non-forest activity can be undertaken on any land that may have been notified as ‘forest’.