City Delhi Financial News

Subscribe to enjoy similar stories. Imagine this. You invested in a bond that was set to mature in June 2024.

Delhi Police has busted a major illegal immigration racket, arresting 11 individuals, including document forgers, Aadhaar operators, and tech experts involved in creating fake websites, officials said.

Subscribe to enjoy similar stories. Homemade bullet trains may belt down specialised railway corridors in the not-too-distant-future.

Subscribe to enjoy similar stories. Indians are opting to fly premium more often, especially on metros routes, as they seek better experiences and business travel grows. That's sent fares for such seats on aircraft soaring through the roof.

Subscribe to enjoy similar stories. MUMBAI : Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) and narrow operations to markets where it can create a niche as a ‘net zero’ developer. “We have exited two cities completely, Nagpur and Hyderabad, and we are holding back any investment in Delhi NCR right now," said Amit Kumar Sinha, managing director and chief executive at Mahindra Lifespace.

Yamuna river at the Wazirabad pond, an official statement of the Delhi Jal Board (DJB) said. According to the statement, ammonia concentrations exceeding 5.0 ppm have reduced water production at the Wazirabad Water Treatment Plant by 25-50 per cent.

Delhi High Court on Monday refused to grant anticipatory bail to former IAS probationer Puja Khedkar in the criminal case lodged against her for alleged cheating and wrongly availing of OBC and disability quota benefits in the civil services examination. «Anticipatory bail plea is dismissed. Interim protection from arrest is vacated,» Justice Chandra Dhari Singh said while ruling on the plea.

Mahila Samman Yojana would be increased to Rs 2,100 if his party returns to power in the assembly elections, which are due in February next year.

markets has surged with female accounts for nearly 1 investor in every 4 new investors in markets, says a report by State Bank of India. The report also noted that as participation in markets is increasing nearly 30 million new demat accounts being added annually since 2021.

BJP leader Shehzad Poonawalla on Monday criticized the Aam Aadmi Party (AAP) for its latest promises under the Mahila Samman Yojana and SanjivYojana, accusing the party of failing to deliver on key issues during its 10 years in power in Delhi. Speaking to ANI, Poonawalla questioned the AAP government's track record on pollution control, cleaning the Yamuna, and improving healthcare and education, dismissing the new initiatives as mere «election promises» aimed at winning votes ahead of upcoming elections. «They were in power for 10 years but could not make Delhi pollution-free. They could not clean Yamuna by 2025. They used to talk about good hospitals and schools but could not do it. Now they are making new promises. What were they doing for 10 years?.. These are just election promises made to the public in view of the elections,» Poonawalla said.

BJP leader and Delhi Assembly LoP Vijender Gupta slammed Aam Aadmi Party (AAP) national convener and former Chief Minister Arvind Kejriwal and claimed that he has done nothing for women in the last ten years of tenure. Gupta also cited the example of Rajya Sabha MP Swati Maliwal's alleged assault case and further said that many of AAP MLAs have not even been nice to their wives. «Arvind Kejriwal is rattled. He didn't do anything for women in the last 10 years. He got Rajya Sabha MP Swati Maliwal assaulted in his home. His MLAs have not even been nice to their wives. Now they are lying and playing with the emotions of women… He had 10 years if he truly wanted to do something for women, why is he cheating on women now… Delhi's only problem is Arvind Kejriwal..,» Vijender Gupta told ANI.

Aakash Chaudhry, one of India's most successful education entrepreneurs, has secured backing from two of the country's most prominent consumer tech billionaires-Zomato's Deepinder Goyal and Zerodha's Nithin Kamath-for his new venture, Sparkl Edventure, said people in the know. Kamath's Rainmatter, a fintech and sustainability-focused fund, along with Goyal, is participating in a $4 million seed round. The round is expected to attract a few more marquee investors. In October, Chaudhry joined forces with Pavan Chauhan and Ritesh Hemrajani, founders of Meritnation.com, an edtech company acquired by his family business Aakash Educational Services Ltd (AESL) in 2020, to launch Sparkl. This comes three years after the $950 million cash-and-stock sale of AESL to Byju's in one of India's largest edtech deals till date. Despite the sale, Chaudhry retains an 11% stake in AESL. Sparkl aims to provide bespoke one-on-one online tutoring for students in grades 6 to 12, specializing in International Baccalaureate (IB) and Cambridge curricula. The platform offers personalised classes across subjects such as mathematics, science, languages, business studies etc. With teachers already on board, Sparkl has begun enrolling students from major Indian cities such as Delhi NCR, Bengaluru, Pune and Hyderabad, as well as Singapore and plans to grow the platform leveraging its tech interventions.

Data centre capacity addition in the colocation space is expected to reach approximately 230 MW (IT load) by the end of 2024, with a similar or higher capacity addition anticipated in 2025, according to Cushman & Wakefield data. In 2025, while the majority of capacity creation will occur in Mumbai, other cities such as Delhi-NCR, Kolkata, and Chennai are also expected to see significant growth. India has the potential to become a global data centre hub due to its low construction, land and power costs compared to other countries, coupled with a well-established IT and digitally enabled services ecosystem. According to Cushman & Wakefield, the median cost of constructing a data centre in India is estimated at $6.8 million per MW of capacity, significantly lower than most APAC nations-Australia is at $9.17 million, Japan is at $12 million.

BJP national president JP nadda for nationwide commemorations of 'Good Governance Day' and 'Veer Bal Diwas', the party's Himachal Pradesh unit shared the detailed outline for the events scheduled on December 25 and 26. BJP State General Secretary Trilok Kapoor, during a press conference in Dharamshala on Sunday, said to commemorate the birth anniversary of Bharat Ratna Atal Bihari Vajpayee, homage will be paid in Delhi by President Droupadi Mumu, Prime Minister Narendra Modi, Home Minister Amit Shah, and other dignitaries. Regarding BJP National President JP Nadda's directives, he said events will also be organized at the booth level nationwide.

Subscribe to enjoy similar stories. New Delhi: "If everything on earth were rational, nothing would happen."—Fyodor Dostoevsky Time: 5.30 pm, early May Place: Pitampura, north-west Delhi People wait anxiously in front of a roadside food cart. The long, long queue spills over from the pavement onto the street, leaving bikes, cars, cows and canines jostling for space on the narrow road.

Mukhya Mantri Mahila Samman Yojana, which will provide monthly assistance of Rs 1,000 to women in the city, will begin tomorrow. In its 2024-25 budget, the Delhi government had announced this scheme to provide Rs 1,000 per month to all women aged above 18. However, Kejriwal recently announced that the amount would be raised to Rs 2,100 if his party returns to power in the assembly elections, slated for February next year.

Delhi Police on Sunday said that bomb threat emails sent to two schools in Rohini were sent by their own students. According to the police, both students sent threat emails as they wanted to postpone their exams because they were unprepared. «After investigation by the Special Cell of Delhi Police, it was found that the emails were sent to both schools by two different students of the same school. Both students had sent this email to stop the exam because they were not prepared for the exam paper,» Delhi Police said.

Shoaib Iqbal as its candidate for Delhi's Matia Mahal Assembly constituency in the upcoming polls, the Aam Aadmi Party (AAP) is set to replace him with his son, Aaley Muhammad Iqbal, sources said on Sunday. The ruling party fielded incumbent Shoaib Iqbal from Matia Mahal when it released its fourth list of candidates for the Delhi assembly elections on December 15. The sources claimed former Delhi Deputy Mayor Aaley is set to replace his father as AAP's candidate, as Shoaib has expressed his inability to contest the election.

Air Quality Index (AQI) in the national capital remained in the 'very poor' category on Sunday, with a thin layer of fog covering parts of the city and limiting visibility. According to the Central Pollution Control Board (CPCB), the AQI was 388 at 7 am on Sunday in the national capital. On Saturday, the AQI in Delhi was recorded at 398, as per the CPCB. The Air Quality Index in several areas of the national capital was recorded as 'very poor.' The AQI was recorded 384 at ITO, 372 at Jawaharlal Nehru Stadium, DTU 354, IGI Airport (T3) 372, DU North Campus 381, at 7 am on Sunday.

Subscribe to enjoy similar stories. Joe Sacco has been called the heir to Art Spiegelman (Maus) and his award shelf creaks under the weight of trophies (Eisner Award for Best Original Graphic Novel, Ridenhour Book Prize, American Book Award, etc.). But the scale of achievements casts no shadow on the man himself.