City Delhi Financial News

Arvind Kejriwal-led Aam Aadmi Party, the Congress on Saturday announced its decision to oppose in Parliament the contentious Delhi services ordinance.All India Congress Committee (AICC) spokesman Jairam Ramesh listed about 10 issues as the party's top priorities to be raised with demand for debates during the budget session of Parliament, after a meeting of the party's parliamentary strategy committee meeting. Significantly, the issue of Rahul Gandhi's disqualification from the Lok Sabha did not figure in the list.

Delhi flood updates: Delhi on Saturday only got a momentary relief when Yamuna river waters were noted receding after flooding the national capital. However, later in the day heavy rains lashed the national capital threatening a further surge in the Ganga basin river's water level that has been flowing well over the danger mark since the past week.  In the midst of an ongoing crisis situation that demanded the help of the National Disaster response Force (NDRF) and the Indian Army, the Bhartiya Janata Party (BJP), the Aam Aadmi Party (AAP), and the Congress indulged ina political mud slinging over the infrastructural development of the national capital Delhi.  The road stretches that still remain shut for movement, include Ring Road - Majnu Ka Tilla ISBT - Shanti Van - IP flyover to IP Depot both carriageways, Ring Road - IP Depot to IP flyover to ISBT carriageway, Salim Garh bypass, Old Iron Bridge Pusta to Shamshan Ghat, Outer Ring Road - Mukarba Chowk to Wazirabad carriageway and Ring Road from Shanti Van to Rajghat and towards ISBT.

Hindustan Times informed in an exclusive report that the scuffle erupted over the basic rules onboard aircraft and the aviation regulator Directorate General of Civil Aviation (DGCA) was informed about the incident. “The airline’s head of the inflight services department, Sandeep Verma, who was flying from Sydney to Delhi on AI 301 was hit by a Delhi-based passenger. However, no action was taken against him," an official close to the matter told HT.

Bhujbal, son of recently appointed Maharashtra cabinet Minister, Chhagan Bhujbal. Bhujbal along with other accused persons is seeking the dropping of proceedings against him in Rs 850 crores Maharashtra Sadan scam. The ED had sought an adjournment to argue on the applications filed by various accused persons who have been contending that money laundering case against them cannot continue as they had been discharged in the FIRs registered against them on the basis of which the ED registered a money laundering case. The said case has been registered against the incumbent food and civil supplies minister Chhagan Bhujbal, his son, nephew, Sameer and various other accused persons on the basis of investigation directed by the Bombay High Court in a Public Interest Litigation (PIL) in the year 2015 on the basis of which three separate FIRs was registered and subsequently on that basis a money laundering case was registered. Bhujbal is one of the NCP leaders who joined the Ajit Pawar camp to be part of the ruling BJP-Sena ( Eknath Shinde camp) party. Pawar recently rebelled with his uncle and NCP patriarch Sharad Pawar to join the BJP led government in Maharashtra.

Arvind Kejriwal on Saturday held a Cabinet meeting and deputed ministers at six flood-affected districts to ensure proper facilities at relief camps set up by the Delhi government. Orders will be issued shortly to officers to report, and coordinate and cooperate with ministers to ensure proper facilities such as food, water, toilets and electricity at flood relief camps, Minister for Irrigation and Flood Control Saurabh Bharadwaj said.PWD Minister Atishi will look after facilities at camps in the North East Delhi district, while Gopal Rai has been deputed for Shahdara, Kailash Gahlot for South East Delhi and Imran Hussain for the Central Delhi district, he said.

To provide relief to retail consumers, the Centre is selling tomato at a discounted Rs 90 per kg in select cities like Delhi-NCR, Patna and Lucknow. National Cooperative Consumers' Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) are selling tomato on behalf of the Centre through mobile vans.

Amit Shah and Civil Aviation Minister Jyotiraditya Scindia along with officials from various departments on Saturday discussed the plans for enhancing capacity as well as manpower at certain airports. The government has been taking various measures to boost infrastructure and manpower at airports, including at Delhi airport, amid rising domestic air passenger traffic.

Indian Institute of Technology (IIT) Delhi has signed a Memorandum of Understanding (MoU) with Abu Dhabi Department of Education and Knowledge (ADEK) and the Ministry of Education in India to set up its international campus in Abu Dhabi. The MoU was signed in the presence of Prime Minister Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE, according to a release issued by IIT Delhi.

traffic movement. According to an advisory issued by the traffic police on Saturday, Yamuna’s water level dropped to 207.67 meters at 8 am on Saturday. Chief Minister Arvind Kejriwal chaired a meeting of his cabinet on Saturday to discuss the flood situation in the national capital.

Netweb Technologies IPO: Ahead of the initial public offering (IPO) of computing solutions provider Netweb Technologies India which is set to hit the D-Street on July 17, the company's red herring prospectus (RHP) has highlighted a potential red flag for investors. According to the RHP, the documentary evidence of educational qualifications of two of its promoters or directors of the company - included in the company's ‘management’ is not traceable.

Assam Chief Minister Himanta Biswa Sarma met Union Minister for Environment, Forest and Climate Change Bhupender Yadav and sought his help for procuring one crore quality saplings for plantation in Assam under PM's LiFE Mission. The Union Minister assured the Chief Minister that he would help to rope in experts from Dehradun in the next two-three days for assisting the Government of Assam for plantation of one crore saplings under PM's LiFE Mission. The Chief Minister said that the state government has floated national tender for the purpose of obtaining 1 crore saplings for the massive plantation drive in the state.

Xavier Aptitude Test (XAT) 2024. Eligible candidates seeking to get admitted to MBA/PGDM programs in XLRI and other top MBA colleges can directly visit the website at https://xatonline.in/ and fill up the application form.

Mumbai police on Saturday issued a preventive order banning the flying of drones, remote controlled micro light aircraft, paragliders, para motors, hand gliders and hot air balloons over the metropolis for a period of 30 days, an official said. The prohibitory order, which he said was a «regular» one, was in view of the possibility of misuse of such objects to target VVIPS, endanger life of public at large, destroy public property and cause law and order disturbance. The order also bans unlawful assemblies of five or more persons due to information gathered from various sources about the likelihood of breach of peace and disturbance to public tranquility from such gatherings, the official added. The prohibitory order covers processions, use of loudspeakers and other sound amplifying systems, musical bands and bursting of firecrackers, he said. However, marriage and funeral functions, statutory meeting of companies, clubs, and assemblies in and around cinemas, halls, schools etc are exempt, the official pointed out.

Association for Democratic Reforms (ADR) has claimed that an approximate 44 per cent of MLAs in state assemblies across India have declared criminal cases against themselves. The analysis, conducted by ADR and the National Election Watch (NEW), examined the self-sworn affidavits of current MLAs in state assemblies and union territories nationwide.

IIT Delhi campus in the Gulf country. Prime Minister Narendra Modi is currently on an official visit to the United Arab Emirates (UAE). Indian Institute of Technology (IIT) Delhi is the second IIT to announce setting up an offshore campus after IIT Madras. Last week, IIT Madras signed an MoU for setting up a campus in Tanzania's Zanzibar. Union Education Minister Dharmendra Pradhan tweeted to congratulate IIT Delhi for signing MoU. «An exemplar of New India's innovation and expertise, the IIT Delhi campus in UAE will be an edifice of India and UAE friendship. It will set a brand new template for leveraging the power of knowledge for both mutual prosperity and global good as envisioned in NEP,» he added.

IIT Delhi's Abu Dhabi campus will offer Master's courses from January 2024, and Bachelor's courses from September next year. Union education minister Dharmendra Pradhan said, “IIT Delhi's Abu Dhabi campus to set template for leveraging power of knowledge for mutual prosperity and global good". Prime Minister Narendra Modi is currently on an official visit to the United Arab Emirates (UAE).

Arvind Kejriwal has said that work was on to open the five gates of Yamuna Barrage to help drain out floodwater. “The first jammed gate of the ITO Barrage has been opened.

Delhi Cabinet minister Saurabh Bharadwaj on Saturday alleged that flood in the city were caused by the the BJP-led Centre and Haryana government wilfully releasing water towards the national capital. Addressing a press conference here, Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

Supreme Court Collegium for a choice posting days earlier. Union Law Minister Arjun Ram Meghwal on Twitter announced that Justice Dinesh Kumar Singh of the Allahabad High Court stands transferred to the Kerala High Court. Justice Manoj Bajaj of the Punjab and Haryana High Court has been posted to the Allahabad HC, while Gaurang Kanth of Delhi High Court stands transferred to the Calcutta High Court by the collegium headed by Chief Justice of India D Y Chandrachud.

Delhi Government said, “We can see around five centimeters reduction in the water level and the situation will further improve till tomorrow…" “We have around 44 camps in Delhi at present, some of them are in schools and some are makeshift arrangements which we are aiming to move to school buildings only. The total number of evacuated people so far stands at 25,478 and a total of 22,803 people have come to the camps," he added.

Such floods are usually not associated with a metro like Delhi where people expect authorities to be in better control, it being the national capital. Yet floods took Delhi unawares. While a political blame game is on between the AAP and the BJP, below is a brief analysis of why Delhi was suddenly submerged.What happened at Hathnikund barrage The Hathnikund barrage in Haryana's Yamunanagar, 180 km from Delhi, controls the flow of Yamuna towards Delhi.